Global Annuloplasty Rings Market 2024-2028

Global Annuloplasty Rings Market 2024-2028

The annuloplasty rings market is forecasted to grow by USD 51.59 mn during 2023-2028, accelerating at a CAGR of 5.34% during the forecast period. The report on the annuloplasty rings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of heart valve diseases, increasing preference for mitral valve repair over mitral valve replacement, and technological advances in annuloplasty rings.

Technavio's annuloplasty rings market is segmented as below:

By Application

• Mitral valve repair
• Tricuspid valve repair
• Aortic valve repair

By End-user

• Hospitals
• Ambulatory surgical centers
• Specialty clinics

By Geographical Landscape

• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the growing preference toward annuloplasty for aortic valve repair as one of the prime reasons driving the annuloplasty rings market growth during the next few years. Also, increased focus on the development of personalized annuloplasty rings and the development of biodegradable annuloplasty rings will lead to sizable demand in the market.

The report on the annuloplasty rings market covers the following areas:

• Annuloplasty rings market sizing
• Annuloplasty rings market forecast
• Annuloplasty rings market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading annuloplasty rings market vendors that include Abbott Laboratories, AFFLUENT MEDICAL SA, BioStable Science and Engineering Inc., Bon Secours Health System Inc., Boston Scientific Corp., Braile Biomedica, Coroneo, Edwards Lifesciences Corp., FOC Medical SA, Genesee BioMedical Inc., Labcor Laboratorios Ltda., LivaNova Plc, Medtentia International Ltd. Oy, Medtronic Plc, Micro Interventional Devices Inc., and Valcare Medical. Also, the annuloplasty rings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.