Valvular Heart Diseases Treatment Market Scope
Valvular heart disease is when any valve in the heart has damaged or is diseased. There are several causes of valvular heart disease, including congenital conditions (being born with it), infections, degenerative conditions (wearing out with age), and conditions linked to other types of heart disease. The Valvular Heart Diseases Treatment market is expected to grow in the future due to rising research & development in valve replacement and adult cardiac surgery such as treatment for valvular heart diseases. Improvement of healthcare infrastructure in developing economies is boosting the marketing forecasted period.
The Valvular Heart Diseases Treatment market study is segmented, by Application (Congenital Heart Disease, Valve Stenosis, Valve Regurgitation and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Valvular Heart Diseases Treatment market throughout the predicted period.
Boston Scientific Corporation (United States), B. Braun Melsungen AG (Germany), Abbott Laboratories (United States), Medtronic (Ireland), CryoLife Inc. (United States), LivaNova Plc (United Kingdom), Micro Interventional Devices Inc (United States), Cook Medical Inc (United States) and Neovasc, Inc. (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are LifeNet Health (United States) and Edwards Lifesciences Corporation (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Valvular Heart Diseases Treatment market by Type, Application and Region.
On the basis of geography, the market of Valvular Heart Diseases Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Jan 2019, Abbott announced that it has exercised its option to purchase Cephea Valve Technologies, Inc., a privately-held medical device company developing a less-invasive heart valve replacement technology for people with mitral valve disease.
In April 2019, Boston Scientific Corporation announced it has received U.S. Food and Drug Administration (FDA) approval for the LOTUS Edge™ Aortic Valve System.
Market Trend
- Adoption of Advanced Technology in the Valvular Heart Diseases Treatment
Market Drivers
- Increase in the Number of Cases of Coronary Artery Disease
- Growing Geriatric Population
Opportunities
- Growth in the Healthcare Industry Worldwide
- Increasing Investment in Research and Development
Restraints
- Higher Cost of Treatment & Devices
Challenges
- Complex Regulatory Procedures
Key Target Audience
New Entrants/Investors, Healthcare Industry Associations, Venture Capitalists and Private Equity Firms, Valvular Heart Diseases Treatment Provider, Raw Material Suppliers, End-Use Industries and Analysts and Strategic Business Planners
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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