Heart Valves Market | 2021 Impact of COVID-19, Case Study Analysis, Key Opportunities and Major Players, Size, Growth, Share, Regional Analysis With Global Industry Forecast To 2027, The global “Heart Valves” Market is expected to reach USD 15.98 billion by 2026, on account of the advent of customized Heart Valvess. A Heart Valves allows blood to flow in only one direction through the heart. Blood passes through a valve before leaving every chamber of the heart. These valves helps to abstain the backward flow of blood. A recently published report by Fortune Business Insights™ titled, “Heart Valves Market Size, Share & Industry Analysis, By Product Type (Replacement (Aortic, Mitral, and Others), and Repair), By Valve Type (Tissue Valve and Mechanical Valve), By Procedure (Surgical and Transcatheter), By End User (Hospitals, and Specialty Clinics & Others), and Regional Forecast, 2019-2026” discusses the market and its growth parameters in details.
As per this report, the market value was USD 6.58 billion in 2018 and will rise at a CAGR of 11.7% between 2019 and 2026.
Major Heart Valves Market Key players covered in the report include:
- Abbott
- LivaNova PLC
- CryoLife Inc.
- Edward Lifesciences Corporation
- Medtronic
- Boston Scientific Corporation
- Micro Interventional Devices, Inc.
- Other Players
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Heart Valves Market Analysis 2021:
Market Drivers
Increasing Popularity of Minimally Invasive Surgeries will Add Impetus
Rise in sedentary lifestyle, adoption of irregular eating habits and the increasing preference for ready-to-eat food have resulted in a number of cholesterol and obesity cases. This acts as a major Heart Valves market growth factor. Besides this, the rise in geriatric population and their vulnerability to various cardiovascular disorders is also expected to aid in expansion of the market in the forecast period.
However, the complications associated with Heart Valves repair and replacement surgeries may retract many patients from opting for this surgery. This may hamper the overall market growth. Nevertheless, the advent of latest technology, increasing popularity of minimally invasive surgeries, and launch of innovative products are expected to create lucrative growth opportunities for the market in the coming years.
Regional Segmentation:
North America Dominating Market with Rising Number of Valve Repair and Replacement Procedures
Based on geographical viewpoint, North America is holding the largest Heart Valves market share with a revenue generation of USD 2.64 billion earned in 2018. Growth of this region is attributed to the rise in obese population and increasing number of valve replacement and repair procedures in the region. As per the American Heart Association, about 90,000 valve substitutes undergo implantation on an annual basis in the U.S. This indicates the rise in demand for prosthetic Heart Valvess in the region.
On the other side, Asia Pacific market will witness significant growth in the years to follow on account of the increasing obese and geriatric population, rising adoption of tissue valves at a rapid pace, and support from the government. Besides this, the market in the Middle East and Africa and Latin America will witness a substantial rise on account of the rising cases of Heart Valvess leakage and improvement in healthcare infrastructure and medical facilities.
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https://www.fortunebusinessinsights.com/industry-reports/heart-valves-market-101183
Heart Valves Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Competitive Landscape:
Abbott and Edwards Lifesciences to Dominate Market with Strong Portfolio
As per the competitive landscape of the market is concerned, currently two major companies namely Abbott and Edwards Lifesciences are dominating the market. Among these, Edwards Life Sciences ranks first followed by Abbott. This is owing to their diverse portfolio and the rising demand for SAPIEN valve by Edwards Lifesciences. Other companies operating in the market are focusing on development of new products that will be most suitable for patients. They are acquiring strategies such as mergers and acquisitions, company collaborations, contracts and agreements, and others to attract high Heart Valves market revenue in the forthcoming years.
Major Industry Developments of the Heart Valves Market Include:
May 2017 – Symetis SA was acquired by Boston Scientific Corporation for the expansion of the company’s product portfolio.
September 2019 – The pivotal trial called TRILUMINATE for the evaluation of TriClip was launched by Abbott. TriClip is a transcatheter tricuspid valve repair used in the treatment of tricuspid regurgitation.
Key questions answered in the report:
- What will the market growth rate of Heart Valves market in 2027?
- What are the key factors driving the global Heart Valves market?
- Who are the key manufacturers in Heart Valves market space?
- What are the market opportunities, market risk and market overview of the Heart Valves market?
- What are sales, revenue, and price analysis of top manufacturers of Heart Valves market?
- Who are the distributors, traders and dealers of Heart Valves market?
- What are the Heart Valves market opportunities and threats faced by the vendors in the global Heart Valves industry?
- What are sales, revenue, and price analysis by types and applications of Heart Valves market?
- What are sales, revenue, and price analysis by regions of Heart Valves industry?
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Table of Content:
1 Heart Valves Market Overview
1.1 Heart Valves Product Overview
1.2 Heart Valves Market Segment by Type
1.3 Global Heart Valves Market Size by Type (2015-2027)
1.3.1 Global Heart Valves Market Size Overview by Type (2015-2027)
1.3.2 Global Heart Valves Historic Market Size Review by Type (2015-2021)
1.3.2.1 Global Heart Valves Sales Market Share Breakdown by Type (2015-2027)
1.3.2.2 Global Heart Valves Market Share Breakdown by Type (2015-2027)
1.3.2.3 Global Heart Valves Average Selling Price (ASP) by Type (2015-2027)
1.3.3 Global Heart Valves Market Size Forecast by Type (2021-2027)
1.3.3.1 Global Heart Valves Sales Market Share Breakdown by Application (2021-2027)
1.3.3.2 Global Heart Valves Revenue Market Share Breakdown by Application (2021-2027)
1.3.3.3 Global Heart Valves Average Selling Price (ASP) by Application (2021-2027)
1.4 Key Regions Market Size Segment by Type (2015-2021)
1.4.1 North America Heart Valves Sales Breakdown by Type (2015-2027)
1.4.2 Europe Heart Valves Sales Breakdown by Type (2015-2027)
1.4.3 Asia-Pacific Heart Valves Sales Breakdown by Type (2015-2027)
1.4.4 Latin America Heart Valves Sales Breakdown by Type (2015-2027)
1.4.5 Middle East and Africa Heart Valves Sales Breakdown by Type (2015-2027)
2 Global Heart Valves Market Competition by Company
2.1 Global Top Players by Heart Valves Sales (2015-2021)
2.2 Global Top Players by Heart Valves Revenue (2015-2021)
2.3 Global Top Players Heart Valves Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company Heart Valves Manufacturing Base Distribution, Sales Area, Product Type
2.5 Heart Valves Market Competitive Situation and Trends
2.5.1 Heart Valves Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by Heart Valves Sales and Revenue in 2019
2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Heart Valves as of 2019)
2.7 Date of Key Company Enter into Heart Valves Market
2.8 Key Company Heart Valves Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Heart Valves Status and Outlook by Region (2015-2027)
3.1 Global Heart Valves Market Size and CAGR by Region: 2015 VS 2021 VS 2027
3.2 Global Heart Valves Market Size Market Share by Region (2015-2021)
3.2.1 Global Heart Valves Sales Market Share by Region (2015-2021)
3.2.2 Global Heart Valves Revenue Market Share by Region (2015-2021)
3.2.3 Global Heart Valves Sales, Revenue, Price and Gross Margin (2015-2021)
3.3 Global Heart Valves Market Size Market Share by Region (2021-2027)
3.3.1 Global Heart Valves Sales Market Share by Region (2021-2027)
3.3.2 Global Heart Valves Revenue Market Share by Region (2021-2027)
3.3.3 Global Heart Valves Sales, Revenue, Price and Gross Margin (2021-2027)
3.4 North America Heart Valves Market Size By Growth (2015-2027)
3.4.1 North America Heart Valves Revenue By Growth (2015-2027)
3.4.2 North America Heart Valves Sales By Growth (2015-2027)
3.5 Asia-Pacific Heart Valves Market Size By Growth (2015-2027)
3.5.1 Asia-Pacific Heart Valves Revenue By Growth (2015-2027)
3.5.2 Asia-Pacific Heart Valves Sales By Growth (2015-2027)
3.6 Europe Heart Valves Market Size By Growth (2015-2027)
3.6.1 Europe Heart Valves Revenue By Growth (2015-2027)
3.6.2 Europe Heart Valves Sales By Growth (2015-2027)
3.7 Latin America Heart Valves Market Size By Growth (2015-2027)
3.7.1 Latin America Heart Valves Revenue By Growth (2015-2027)
3.7.2 Latin America Heart Valves Sales By Growth (2015-2027)
3.8 Middle East and Africa Heart Valves Market Size By Growth (2015-2027)
3.8.1 Middle East and Africa Heart Valves Revenue By Growth (2015-2027)
3.8.2 Middle East and Africa Heart Valves Sales By Growth (2015-2027)
4 Global Heart Valves by Application
4.1 Heart Valves Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Heart Valves Sales by Application: 2015 VS 2021 VS 2027
4.3 Global Heart Valves Historic Sales by Application (2015-2021)
4.4 Global Heart Valves Forecasted Sales by Application (2021-2027)
4.5 Key Regions Heart Valves Market Size by Application
4.5.1 North America Heart Valves by Application
4.5.2 Europe Heart Valves by Application
4.5.3 Asia-Pacific Heart Valves by Application
4.5.4 Latin America Heart Valves by Application
4.5.5 Middle East and Africa Heart Valves by Application
5 North America Heart Valves Market Size by Country (2015-2027)
5.1 North America Market Size Market Share by Country (2015-2021)
5.1.1 North America Heart Valves Sales Market Share by Country (2015-2021)
5.1.2 North America Heart Valves Revenue Market Share by Country (2015-2021)
5.2 North America Market Size Market Share by Country (2021-2027)
5.2.1 North America Heart Valves Sales Market Share by Country (2021-2027)
5.2.2 North America Heart Valves Revenue Market Share by Country (2021-2027)
5.3 North America Market Size By Growth by Country
5.3.1 U.S. Heart Valves Market Size By Growth (2015-2027)
5.3.2 Canada Heart Valves Market Size By Growth (2015-2027)
6 Europe Heart Valves Market Size by Country (2015-2027)
6.1 Europe Market Size Market Share by Country (2015-2021)
6.1.1 Europe Heart Valves Sales Market Share by Country (2015-2021)
6.1.2 Europe Heart Valves Revenue Market Share by Country (2015-2021)
6.2 Europe Market Size Market Share by Country (2021-2027)
6.2.1 Europe Heart Valves Sales Market Share by Country (2021-2027)
6.2.2 Europe Heart Valves Revenue Market Share by Country (2021-2027)
6.3 Europe Market Size By Growth by Country
6.3.1 Germany Heart Valves Market Size By Growth (2015-2027)
6.3.2 France Heart Valves Market Size By Growth (2015-2027)
6.3.3 U.K. Heart Valves Market Size By Growth (2015-2027)
6.3.4 Italy Heart Valves Market Size By Growth (2015-2027)
6.3.5 Russia Heart Valves Market Size By Growth (2015-2027)
7 Asia-Pacific Heart Valves Market Size by Country (2015-2027)
7.1 Asia-Pacific Market Size Market Share by Country (2015-2021)
7.1.1 Asia-Pacific Heart Valves Sales Market Share by Country (2015-2021)
7.1.2 Asia-Pacific Heart Valves Revenue Market Share by Country (2015-2021)
7.2 Asia-Pacific Market Size Market Share by Country (2021-2027)
7.2.1 Asia-Pacific Heart Valves Sales Market Share by Country (2021-2027)
7.2.2 Asia-Pacific Heart Valves Revenue Market Share by Country (2021-2027)
7.3 Asia-Pacific Market Size By Growth by Country
7.3.1 China Heart Valves Market Size By Growth (2015-2027)
7.3.2 Japan Heart Valves Market Size By Growth (2015-2027)
7.3.3 South Korea Heart Valves Market Size By Growth (2015-2027)
7.3.4 India Heart Valves Market Size By Growth (2015-2027)
7.3.5 Australia Heart Valves Market Size By Growth (2015-2027)
7.3.6 Taiwan Heart Valves Market Size By Growth (2015-2027)
7.3.7 Indonesia Heart Valves Market Size By Growth (2015-2027)
7.3.8 Thailand Heart Valves Market Size By Growth (2015-2027)
7.3.9 Malaysia Heart Valves Market Size By Growth (2015-2027)
7.3.10 Philippines Heart Valves Market Size By Growth (2015-2027)
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