According to a market report by Lucintel, the future of the global structural heart device market looks promising with opportunities in public and private hospitals. The global structural heart device market is expected to reach an estimated $13 billion by 2030 from $8 billion in 2023 at a CAGR of 8% from 2023 to 2030. The major drivers for this market are growing demand for minimally invasive surgery, growing healthcare expenditure, and a growing geriatric population.
A total of less than 200 pages report
to understand trends, opportunity and
forecast in structural heart device market to 2030 by procedure, which includes
repair (annuloplasty, valvuloplasty, transcatheter mitral valve repair, and
other repairs) and replacement (surgical valves, mechanical heart valves,
tissue heart valves, and transcatheter aortic valves), position (aorta, mitral,
and other), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel
forecasts that the TAVR, TMVR, and tissue heart valve segments in structural
heart device market are expected to show above average growth during the
forecast period.
Within the
global structural heart device market, the TAVR segment is expected to remain
the largest segment. Increased catheter based procedures coupled with rising
adoption of technological advancements in an effort to reduce treatment
duration for high conventional surgical risk patients is expected to result in
significant growth of the transcatheter aortic valve replacement market.
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sample by clicking on structural heart device market.
North
America is expected to remain the largest market and is expected to witness the
highest growth rate during the forecast period mainly due to increasing
adoption of minimally invasive procedures for heart valve repair and
replacement in this region.
Edwards
Lifesciences Corporation, Medtronic Public Limited Company, Abbott
Laboratories, Medtronic Public Limited Company, LivaNova PLC are the major
suppliers in the structural heart device market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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