Valves are an important part of the heart that keeps the blood flowing through the heart. Whenever the valves are damaged or diseased, they are either repaired or replaced. Open-heart surgery is the traditional method of either repairing or replacing the heart valve. Newly developed techniques involve less invasive procedures to replace or repair the heart.
MARKET DYNAMICS
The heart valve repair and replacement devices market is anticipated to grow in the forecast technological advancements in heart valve devices, high prevalence of cardiovascular diseases, and rising geriatric population. In addition, robust developments in the transcatheter heart valves is expected to offer significant growth opportunities in the market during the forecast period.
MARKET SCOPE
The "Heart valve repair and replacement devices market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of heart valve repair and replacement devices market with detailed market segmentation by product type, surgery type, end user and geography. The heart valve repair and replacement devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading heart valve repair and replacement devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The heart valve repair and replacement devices market is segmented on the basis of product type, surgery type, end user. Based on product type the market is segmented as heart valve repair devices, heart valve replacement devices. Based on surgery type, the heart valve repair and replacement devices market is segmented into transcatheter heart valve repair and replacement, open heart valve repair and replacement, and minimally invasive heart valve repair and replacement. On the basis of end user the market is segmented into hospitals, specialty clinics, and ambulatory surgery centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the heart valve repair and replacement devices market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The heart valve repair and replacement devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting heart valve repair and replacement devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the heart valve repair and replacement devices market in these regions.
MARKET PLAYERS
The report covers key developments in the heart valve repair and replacement devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from heart valve repair and replacement devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for heart valve repair and replacement devices market in the global market. Below mentioned is the list of few companies engaged in the heart valve repair and replacement devices market.
The report also includes the profiles of key heart valve repair and replacement devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Edwards Lifesciences
- Abbott
- LivaNova
- Medtronic
- Boston Scientific
- Cryolife, Inc.
- On-X Life Technologies, Inc.
- Micro Interventional Devices, Inc.
- Cardiac Dimensions
- Lepu Medical