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Prosthetic Heart Valves Market Pegged for Robust Expansion During 2015-2021

Author: Sandesh Ilhe
by Sandesh Ilhe
Posted: May 28, 2018

Prosthetic heart valve refers to acardiac surgery to replace an abnormal heart valve with an artificial heart valve. Replacement of diseased valves with prosthetic heart valves reducesthe morbidity and mortality associated with cardiac valve disorders.Technological advancements and increasing prevalence of heart valve diseases are some of the major factors that are driving the prosthetic heart valves market. Based on product, the prosthetic heart valves market can be segmented into mechanical heart valves, transcatheter heart valves, and tissue heart valves or bio-prosthetic valves.Tissue heart valves can be further segmented into stented tissue valve, stentless tissue valve, tissue-engineered valves, and homograft and heterograft valves. Mechanical heart valves include aortic valves and mechanical mitral valves. Tissue heart valves include tissue aortic valves and tissue mitral valves. The tissue heart valves segment is the fastest-growing segment in the prosthetic heart valves market. Some types of heart valve disorders are valvular stenosis and valvular regurgitation.

Growing population and economies in the developing countries such as India and China are expected to drive growth of the prosthetic heart valves market in Asia. In addition, introduction of innovative products with technological advancements,

Abbott Laboratories,ON-X LIFE TECHNOLOGIES, INC.,and St. Jude Medical.In addition, some of the other companies operating in the global prosthetic heart valves market are Sorin Group, CryoLife, LepuMedical, and Braile Biomedica, Ltda.

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Growing population and economies in the developing countries such as India and China are expected to drive growth of the prosthetic heart valves market in Asia. In addition, introduction of innovative products with technological advancements, increasing demand for minimally-invasive devices, and rise in incidences of cardiac valve disorders are expected to create opportunities for the global prosthetic heart valves market. Increasing number of mergers and acquisitions, rise in the number of collaborations and partnerships, and product launches are some of the latest trends in the global prosthetic heart valves market.Some of the major companies operating in the global prosthetic heart valves market are Edwards Lifesciences, Medtronic, Abbott Laboratories,ON-X LIFE TECHNOLOGIES, INC.,and St. Jude Medical.In addition, some of the other companies operating in the global prosthetic heart valves market are Sorin Group, CryoLife, LepuMedical, and Braile Biomedica, Ltda.

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Author: Sandesh Ilhe

Sandesh Ilhe

Member since: Mar 26, 2018
Published articles: 273

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