Technavio recognizes the following companies as the key
players in the transcatheter heart valves market:
Commenting on the report, an analyst from Technavio’s team said: “New product
launches coupled with R&D activities will drive the market growth. Vendors
are strategically focusing on the development and fast approvals of the new
transcatheter heart valve. New product development, coupled with R&D
activities, helps the vendors sustain their position within fragmented
transcatheter heart valves market and to enhance their growth.”
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According to the report, the growing prevalence of mitral
regurgitation and aortic stenosis will be a key driver for the market growth.
Significant mitral regurgitation is found rarely among the general population.
Such conditions generally arise due to an abnormality in a heart valve or other
related conditions. Also, growing prevalence of various heart diseases such as
cardio valvular diseases, mitral regurgitation, and aortic stenosis require
valve replacement.
Further, the report states that growing recalled heart
valves will negative affect the market growth. Product recalls are a major
hindrance to the growth of vendors globally, and manufacturing companies are
likely to face huge loss economically and face lawsuits from individuals, who
are being affected by these devices.
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 a SWOT analysis of the key vendors.
The market is
expected to grow at a CAGR of 15.58%
About Transcatheter
Heart Valves
Transcatheter heart valves are used to treat patients with
mitral regurgitation and aortic stenosis, a condition in which the main outflow
of the valve does not open fully because of the thickening of the valve.
Technavio’s analysts
forecast the Global Transcatheter Heart Valves Market 2018-2022 to grow at a
CAGR of 16.2% during the period 2018-2022.
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Companies Profiled
·
Edwards Lifesciences
·
Medtronic
·
Boston Scientific
·
Abbott
·
Lepu Medical Technology
Covered in this
report
The report covers the present scenario and the growth
prospects of the transcatheter heart valves market. To calculate the market
size, the report considers the revenue generated from the sales of products
such as TAV and TMV.
The market is divided
into the following segments based on geography:
·
• Americas
·
• APAC
·
• EMEA
Technavio's report, Global Transcatheter Heart Valves Market
2018-2022, has been prepared based on an in-depth market analysis with inputs
from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
Key vendors
·
• Cadwell
Industries
·
• Medtronic
·
• Natus
Medical
·
• NIHON
KOHDEN
·
• NuVasive
Market driver
·
• Growing
prevalence of mitral regurgitation and aortic stenosis
·
• For a
full, detailed list, view our report
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