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Persistence Market Research Released New Market Report Global Heart Valve Repair
Replacement Market : Forecast to 2014 - 2020, the global heart valve repair and
replacement market was valued at USD 2,945.2 million in 2014 and is expected to grow at a
CAGR of 8.1% from 2014 to 2020, to reach USD 4,712.7 million by 2020.
The global heart valve repair and replacement market is witnessing significant growth due to growing
geriatric population, change in lifestyles, and associated conditions leading to cardiovascular disorders.
Moreover, technological advancements in the heart valve repair and replacement devices and surgeries,
and rise in medical tourism promoting heart valve repair and replacement surgeries are also driving the
market. However, there are various risks and complications associated with heart valve repair and
replacement surgeries such as irregular heart rhythm, breathing problem, and embolism. Furthermore,
lack of primary healthcare infrastructure in developing countries inhibits the growth of the heart valve
repair and replacement market. The heart valve repair and replacement market is anticipated to grow
from an estimated USD 2,945.2 million in 2014 to USD 4,712.7 million by 2020 at a CAGR of 8.1% during
the forecast period.
Interested in report: Please follow the below links to meet your requirements; Request for the
Report Sample: http://www.persistencemarketresearch.com/samples/3192
In North America, the prevalence of cardiovascular diseases is high compared to other regions of the
world due to increasing rate of obesity and change in lifestyle in the region. In the U.S., approximately
70,000 heart valve procedures are performed for mitral valve stenosis annually.
In Europe, the heart valve repair and replacement market is driven by a rise in geriatric population,
increasing the prevalence of lifestyle-associated disease, and change in lifestyles. Cardiovascular
diseases cause more deaths among Europeans Approximately 50,000 valve replacement surgeries take
place annually.
Edwards Lifesciences Corporation, St. Jude Medical, Inc., Medtronic, Inc., Sorin Group, Boston Scientific
Corporation, and Abbott Laboratories, Inc. are some of the major players in the heart valve repair and
replacement market.
By type of replacement
By geography
North America
The U.S.
Europe
Germany
France
Spain
The U.K.
China
Japan
India
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