Press release
Structural Heart Market Key Players, Share, Size, Trends, Aftermarket, Growth, Opportunities, and Regional Forecast To 2031
Structural Heart Market
Structural Heart Market Analysis:
Devices and procedures used to treat structural heart diseases, such as congenital heart abnormalities, valvular heart disease, and cardiomyopathy, are included in the structural heart market. Growing aging populations, rising rates of cardiovascular conditions, and technological breakthroughs drive this market. The prominent companies in the market are Abbott Laboratories, LivaNova PLC, Edwards Lifesciences Corporation, Boston Scientific Corporation, etc. These companies concentrate on research and development, strategic acquisitions, mergers, and introducing new products to sustain and expand their market positions.
Structural Heart Market Overview:
According to the World Health Organization (WHO), cardiovascular diseases are the second leading cause of death worldwide. Therefore, various initiatives are being taken to control cardiovascular diseases. Heart valve disease is expected to be one of the most common causes of heart failure. Degenerative diseases of aortic and mitral valves and diseases of dysfunctional tricuspid valves lead to a worse clinical course in severe cases. Minimally invasive, surgical, and catheter-based interventions for structural heart disease have increased dramatically recently. The UK Factsheet January 2022, published by the British Heart Foundation (BHF), shows that ~7.6 million people with cardiovascular diseases live in the UK. According to the same source, ~4 million men and ~3.6 million women were diagnosed with heart and circulatory diseases in the country in 2021. The high prevalence of cardiovascular disease leads to the high demand for treatment procedures such as angioplasty and cardiac surgery for survival. This creates opportunities for companies providing structural heart valves and annuloplasty rings, among other devices.
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Key Players Analysis:
• Abbott Laboratories
• Medtronic Plc
• Boston Scientific Corp
• Artivion Inc
• Edwards Lifesciences Corp
• Lepu Medical Technology Beijing Co Ltd
• Braile Biomedica Industry
• Commerce and Representations Ltd
• Aran Biomedical Teoranta
• Micro Interventional Devices Inc
Structural Heart Market Share Analysis by Geography:
The North America structural heart market is segmented into the US, Canada, and Mexico. The market growth in this region is attributed to the rise in the prevalence of heart diseases, increased regulatory approvals, research & development, and new product launches. Additionally, many cardiac centers, specialty care centers, ambulatory surgical centers, and favorable reimbursement scenarios in the region are expected to boost the structural heart market growth during the forecast period. Valvular heart disease is the most common form of structural heart disease. According to the Cleveland Clinic, heart valve disease affects ~2.5% of people in the US. These include valve regurgitation (leaky) or stenosis (narrowing).
SEGMENTATION:
The study conducts a SWOT analysis of each company to evaluate strengths and weaknesses. It also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Structural Heart market segments and regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Structural Heart Market based on various segments. It also provides market size and forecast with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Structural Heart Market by each region is later sub-segmented by respective countries and segments.
Contact US:
Contact Person : Ankit Mathur
Phone : +1-646-491-9876
E-mail : sales@theinsightpartners.com
About US:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumers and Goods, Chemicals and Materials.
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