Global Heart Valve Repair And Replacement Devices Market 2024-2028
The heart valve repair and replacement devices market is forecasted to grow by USD 2580.7 mn during 2023-2028, accelerating at a CAGR of 7.08% during the forecast period. The report on the heart valve repair and replacement devices 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 rising competition and innovations overall heart valve repair and replacement devices market, rising incidence of valvular heart diseases, and development of heart valve with tissue engineering approach.
Technavio's heart valve repair and replacement devices market is segmented as below:
By Product
- Heart valve replacement devices
- Heart valve repair devices
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the data-oriented technologies drive growth of market as one of the prime reasons driving the heart valve repair and replacement devices market growth during the next few years. Also, improvement of healthcare infrastructure across globe and favorable reimbursement policies will lead to sizable demand in the market.
The report on the heart valve repair and replacement devices market covers the following areas:
- Heart valve repair and replacement devices market sizing
- Heart valve repair and replacement devices market forecast
- Heart valve repair and replacement devices 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 heart valve repair and replacement devices market vendors that include Abbott Laboratories, Artivion Inc., BioStable Science and Engineering Inc., Boston Scientific Corp., Colibri Heart Valve LLC, Edwards Lifesciences Corp., JenaValve Technology Inc., LivaNova PLC, Medtronic Plc, Micro Interventional Devices Inc., Neovasc Inc., Valcare Medical, and Xeltis AG. Also, the heart valve repair and replacement devices 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.