Global Heart Valves Market was Valued at US$XX Mn in 2018, Increasing Geriatric Population
Analyst Speak:

“The Global Heart Valves Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR of XX% over next seven years 2019-2025 owing to increasing geriatric population”

The global heart valves market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Factors such as growing incidences of cardiovascular diseases, growth in number of patients with valvular heart diseases, increasing geriatric population and technological advancements are fueling the growth of the market. However, high cost of these devices and risks subjected to replacement therapies are hampering the market growth.

Global heart valves market segmented on the basis of product type, valve type, harvesting, end user and region.


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Mitral Tissue Valves Dominate the Global Heart Valves Market

Based on valve type, global heart valves market segmented into aortic tissue valves and mitral tissue valves. Mitral tissue valves segment held considerable market growth during estimated period. Mitral valve is also known as bicuspid valve or left atrioventricular valve, is a valve with two flaps in the heart which lies between the left atrium and the left ventricle. For instance, Epic™ valve is designated for patients needed replacement of a diseased, damaged, or malfunctioning native aortic and/or mitral heart valve. It may also be used as a replacement for a previously implanted aortic and/or mitral prosthetic heart valve.

Asia Pacific Leads the Global Heart Valves market

PBI’s global heart valves market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. Asia Pacific is one of the key markets for heart valves. The growth of this region can be attributed to rise in geriatric population and growing incidences and prevalence rate of heart diseases among people. North America has witnessed steady growth in this market due to availability of advanced products in the treatment.

Strategic Acquisitions are the Key Strategies Adopted by Market Players

Increase in cardiovascular diseases has augmented the market growth. Cardiovascular diseases (CVDs) are showing an escalation among the population with a trend of reaching the younger age groups. The increasing prevalence indicates the need for advanced healthcare systems. For Instance, in 2019, Abbott acquired Cephea Valve Technologies, Inc. With this acquisition, Abbott will strengthen its position in therapies for mitral valve disease, the most common type of heart valve ailment.

Key player’s profiles in the report are Medtronic (U.S.), LivaNova PLC (U.K.), Laboratory Corporation of America (U.S.), Jude Medical (Abbott Laboratories) (U.S.), Edwards Lifesciences Corporation (U.S.), CryoLife, Inc. (U.S.) and Braile Biomédica (Brazil).

Precision Business Insights (PBI) in its report titled “Global Heart Valves Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.

Detailed Segmentation

By Product Type
o Stented Tissue Heart Valves
o Stentless Tissue Heart Valves

By Valve Type
o Aortic Tissue Valves
o Mitral Tissue Valves

By Harvesting
o Autograft
o Homograft
o Heterograft

By End User
o Ambulatory Surgical Centers
o Clinics
o Hospitals

By Geography
o North America
• US
• Canada
o Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
o Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA



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