Industry Background:
Cardiac Valve regulates blood flow in only one direction through the heart. An increasing number of patients with cardiovascular disease in the major cause increased demand for cardiac valve repair treatments. According to the Centers for Disease Control and Prevention, in the United States, around 610,000 people die of heart disease in which the most common cause of death is Coronary heart disease (CHD). Hence cardiac valve repair market has high growth prospects. Further, developing advanced diagnostic technique and biodegradable surgical instrument expected to drive the market.This growth is primarily driven by Increasing Number of Patients with Cardiovascular Disease, Rising Prevalence of Congenital Heart Defect (CHD) and Growth in Geriatric Population.
Globally, a noticeable market trend is evident Rising Structural Heart Disease among Newborns
. Major Players, such as Medtronic (United States), Edwards Lifesciences Corporation (United States), Boston Scientific Corporation (United States), LivaNova PLC (United Kingdom), Symetis SA (Switzerland), CryoLife, Inc. (United States), TTK Healthcare (India), Colibri Heart Valve, LLC (United States), Lepu Medical Technology Co., Ltd. (China), Sorin Group (Italy), Abbott Laboratories (United States), Accellent Inc. (United States), Admedes Schuessler GmbH (Germany), AorTech International (United Kingdom), Arbor Surgical Technologies, Inc. (United States), Auto Tissue GmbH (Germany), Colibri Heart Valve, LLC (United States) and Micro Interventional Devices, Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
30 January 2019, Engineers at The University of Texas at Austin have developed an advanced noninvasive method for simulating repairs to the heart's mitral valve which allows doctors to provide patient defined treatments with levels of precision reliable to use for clinical setting procedures.
Market Drivers
- Increasing Number of Patients with Cardiovascular Disease
- Rising Prevalence of Congenital Heart Defect (CHD)
- Growth in Geriatric Population
Market Trend
- Rising Structural Heart Disease among Newborns
- Emphasizing on Minimally Invasive Surgical Treatment
Restraints
- High Cost Associated with Cardiac Valve Repair Treatment
- Stringent Governing and Approving Norms for Healthcare Services
Opportunities
Increasing Demand of Biodegradable Device for Cardiac Valve Repair Surgeries and Advancement in Diagnostic Technologies for Cardiovascular Disease
Challenges
Lack of Healthcare Infrastructure in Developing Economies
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cardiac Valve Repair Study Sheds Light on
The Cardiac Valve Repair Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Cardiac Valve Repair industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cardiac Valve Repair industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.