An artificial heart valve or cardiac valve is a one-way valve that is inserted into a patient's heart to replace a defective native heart valve. The four valves that contain the human heart are the tricuspid valve, pulmonic valve, mitral valve, and aortic valve. Their primary function is to keep blood flowing through the heart and out of it into the major blood arteries that supply it (the pulmonary artery and the aorta). Several factors can cause heart valves to fail, obstructing blood flow and/or allowing blood to flow backward through the valve (stenosis). Both procedures place a strain on the heart and can lead to serious complications such as heart failure.
Cardiac Valve Market Report Scope and Research Methodology
The Cardiac Valve Market report's goal is to provide a current and future market scenario. The Cardiac Valve market report includes information on demand, income generation, sales, and revenue. The segmentation of the market into different segments and sub-segments informs clients about various growth components that are likely to be similar across the Cardiac Valve industry. The report also includes the top players in the Cardiac Valve industry, such as market leaders, new entrants, and followers. The Cardiac Valve market study provides unique guidance in thoughtful details about the development factors, and it was created using a top-down and bottom-up approach to ensure accuracy. accurate. SMR's Cardiac Valve market report is the result of a study that employed a variety of methodologies, including the PESTLE, PORTER, and SWOT analysis. The application of these methodologies provides knowledge of the Cardiac Valve market's strengths and weaknesses, as well as macro and microeconomic factors.
Cardiac Valve Market Report Overview:
The report contains information about Cardiac Valve Market key players, as well as a detailed analysis of their growth strategies, financial information and capacity, geographical presence, and product portfolio. The report explains the fundamental dynamics of the Cardiac Valve market, including the market's drivers, opportunities, challenges, and restraints.
Cardiac Valve Market size was valued at US$ 1.10 Billion in 2020 and the Cardiac Valve revenue is expected to grow at 20.5% through 2021 to 2027, reaching nearly US$ 4.06 Billion.
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Cardiac Valve Market Regional Analysis
The report contains information about Cardiac Valve Market key players, as well as a detailed analysis of their growth strategies, financial information and capacity, geographical presence, and product portfolio. The report explains the fundamental dynamics of the Cardiac Valve market, including the market's drivers, opportunities, challenges, and restraints.
Cardiac Valve Market Dynamics:
The global Cardiac valve market is expected to grow during the forecast period due to the rising prevalence of valvular heart disease (VHD). The study 'Epidemiology and Trends of Aortic Stenosis Mortality in the United States (1999-2016)' published in the Journal of the American College of Cardiology in March 2019 found that aortic stenosis is associated with a mortality rate of 106.3 per 1 million people, with non-Hispanic whites having the highest mortality rate, followed by Hispanics and non-Hispanic blacks.
Cardiac Valve Market Segmentation
The transcatheter cardiac valve segment is expected to grow rapidly during the forecast period.
Because of factors such as ease of installation, an increase in the number of transcatheter cardiac valve surgical centers, and an increase in the patient population, the transcatheter cardiac valve sector is expected to account for a sizable portion of the global market. The use of transcatheter heart valves for novel indications (treatment of intermediate-risk and high-risk patients) is expected to provide several opportunities for market growth over the forecast period. Furthermore, the cardiac valve market for transcatheter cardiac valves is expected to grow as the operation's acceptance rate rises and new device approvals increase.
Cardiac Valve Market Key Players:
Edwards Lifesciences Corporation
St. Jude Medical, Inc
LivaNova PLC
Symetis SA
Jenavalve Technology, Inc.
Colibri Heart Valve
CryoLife, Inc.
TTK Healthcare Limited
Lepu Medical Technology Co., Ltd.
Boston Scientific Corporation
Medtronic plc
Braile Biomédica
Key Questions answered in the Cardiac Valve Market Report are:
- What is Cardiac Valve Market?
- Who are the top Cardiac Valve Market players?
- What was the Cardiac Valve Market size in 2021?
- What is the expected Cardiac Valve Market size by 2029?
- What will be the CAGR of the Cardiac Valve market during the forecast period?
- Which region held the largest market share in the Cardiac Valve Market?
- Which regional Cardiac Valve market is expected to grow at a high rate during the forecast period?
Key offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by regionMarket Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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