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Prosthetic heart valves market will grow at a CAGR of 12.9% during 2016 to 2021 according to new research report

Tissue valves held the largest market share in 2016 and the transcatheter valves segment is expected to be the fastest growing market segment in the forecast years. Factors such as the increasing incidence of aortic stenosis, increasing pool of patients due to pending approvals and the technological advancements are understood to be the reason for the growth of the segment.

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The Global Prosthetic Heart Valves Market was worth USD 4.28 billion in 2016 and estimated to be growing at a CAGR of 12.9%, to reach USD 7.85 billion by 2021. The heart plays a vital role in the proper functioning of the human body by controlling the blood flow.

There are mainly four main types of valves in the heart, namely tricuspid, pulmonary, mitral and aortic valves. A prosthetic heart valve is a device that is implanted in a patient suffering from valve failures in the heart or other heart diseases which puts the patient at risk of heart failure.

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They are implanted both as a pre-emptive treatment and a reactive treatment.

Browse 180 Pages of recent research on Global Prosthetic Heart Valves Market at www.marketdataforecast.com/market-…lves-market-2602/

The valves in the heart are integral to the normal functioning of the human body. They are evolved to perform tasks such as controlling the unidirectional flow of blood through the valve structure.

Artificial valves must be designed to perform these tasks in addition to being accepted by the body after transplantation. Tissue valves are normally preferred over mechanical valves because of the latter requiring additional anticoagulant administration for the proper functioning of the valve.

The requirement is lifelong whereas the tissue valve has no such additional treatment required.

The rise of the Prosthetic Heart Valves market is mainly driven by factors such as rising geriatric population, rise in the prevalence of cardiac disorders such as rheumatic heart diseases and the change in lifestyle of the people. Other major contributors include the technological advancements, the increase in patient awareness, demand for minimally invasive cardiovascular surgeries and rise in the number of medical centers that have the provision to perform a heart surgery.

Inspite of the advantages being numerous, the prosthetic heart valve market remains in check by restraints such as the excessive costs of the valve as well as the treatment itself and the very strict approval process for prosthetic valves before they are introduced into the market.

Report: www.marketdataforecast.com/market-…02/request-sample

Prosthetic Heart Valves Market Segmentation:                                             

By Type:                 

  • Mechanical Heart Valve    
  • Tissue Heart Valve              
  • Transcatheter Heart Valve              

By Geography:

  • North America                            
  • Europe                        
  • Asia-Pacific              
  • Latin America                            
  • Middle East & Africa                              

Key Players of the Market:                     

  • Corvia Medical                         
  • CardioKinetix                            
  • Biomerics LLC                            
  • Lepu Medical Technology                    
  • XELTIS BV                   
  • Comed BV                   
  • Meril Life Sciences                  
  • SYSMETIS SA                             
  • HLT                
  • Transcatheter Technologies GmbH       

The Global Prosthetic Heart Valves market is broadly classified based on type into Mechanical Heart Valve, Tissue Heart Valve and Transcatheter Heart Valve. Based on geography, the global market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.

The Prosthetic Heart Valves Market is dominated by North America in 2016 with the region accounting for over a third of the overall market share. North America was followed next in line by Europe and Asia-Pacific.

Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another market that shows promise in the coming years is Latin America.

Report: www.marketdataforecast.com/market-…rket-2602/inquire

 

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