Press Release / Health and Fitness / 2021 Projections puts Prosthetic Heart Valves Market at $ 7.85 Billion

2021 Projections puts Prosthetic Heart Valves Market at $ 7.85 Billion

According to a new market research report, the Global ProstheticHeart Valves Market was worth USD 4.28 billion in 2016 and estimated to begrowing at a CAGR of 12.9%, to reach USD 7.85 billion by 2021.

Browse Full Report @ http://www.orbisresearch.com/reports/index/prosthetic-heart-valves-market-by-type-mechanical-heart-valve-tissue-heart-valve-and-transcatheter-heart-valve-and-by-region-global-industry-analysis-size-share-growth-trends-and-forecasts-2016-2021

The heart plays a vital role in the proper functioning of thehuman body by controlling the blood flow. There are mainly four main types ofvalves in the heart, namely tricuspid, pulmonary, mitral and aortic valves. Aprosthetic heart valve is a device that is implanted in a patient sufferingfrom valve failures in the heart or other heart diseases which puts the patientat risk of heart failure. They are implanted both as a pre-emptive treatmentand a reactive treatment.

The valves in the heart are integral to the normal functioningof the human body. They are evolved to perform tasks such as controlling theunidirectional flow of blood through the valve structure. Artificial valvesmust be designed to perform these tasks in addition to being accepted by thebody after transplantation. Tissue valves are normally preferred overmechanical valves because of the latter requiring additional anticoagulantadministration for the proper functioning of the valve. The requirement islifelong whereas the tissue valve has no such additional treatment required.

The rise of the Prosthetic Heart Valves market is mainly drivenby factors such as rising geriatric population, rise in the prevalence ofcardiac disorders such as rheumatic heart diseases and the change in lifestyleof the people. Other major contributors include the technological advancements,the increase in patient awareness, demand for minimally invasive cardiovascularsurgeries and rise in the number of medical centres that have the provision toperform a heart surgery. In spite of theadvantages being numerous, the prosthetic heart valve market remains in checkby restraints such as the excessive costs of the valve as well as the treatmentitself and the very strict approval process for prosthetic valves before theyare introduced into the market.

The Global Prosthetic Heart Valves market is broadly classifiedbased on type into Mechanical Heart Valve, Tissue Heart Valve and TranscatheterHeart Valve.

Based on geography, the global market is analysed under various regionsnamely North America, Europe, Asia-Pacific, Latin America and Middle East andAfrica. The Prosthetic Heart Valves Market is dominated by North America in 2016 with the region accounting for over a thirdof the overall market share. North America was followed next in line by Europeand Asia-Pacific. Asia-Pacific isexpected to grow rapidly in the coming years as is evident from the high CAGRvalue for the region. Another market that shows promise in the coming years isLatin America.

Request Sample Pages @ http://www.orbisresearch.com/contacts/request-sample/391462

The major market playersin the Prosthetic Heart Valves market include Corvia Medical, CardioKinetix,Biomerics LLC, Lepu Medical Technology, XELTIS BV, Comed BV, HLT, Meril LifeSciences, SYMETIS SA and Transcatheter Technologies GmbH.

About Us:

Orbis Research (orbisresearch.com) is a single point aid forall your market research requirements. We have vast database of reports fromthe leading publishers and authors across the globe. We specialize indelivering customized reports as per the requirements of our clients. We havecomplete information about our publishers and hence are sure about the accuracyof the industries and verticals of their specialization. This helps our clientsto map their needs and we produce the perfect required market research studyfor our clients.

Contact Information:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1(214) 884-6817; +9164101019
Follow Us on LinkedIn: https://www.linkedin.com/company/orbis-research