Global Heart Valves and Transcatheter Valves Market Report

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Apr 15, 2014, 08:29 ET

DUBLIN, Apr. 15, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/7pz39r/global_heart) has announced the addition of the "Global Heart Valves and Transcatheter Valves Market Report" report to their offering.

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The analysts forecast the Global Heart Valve and Transcatheter Heart Valve market to grow at a CAGR of 11.44 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in global aging population. The Global Heart Valve and Transcatheter Heart Valve market has also been witnessing the increase in partnerships among the vendors. However, the high cost associated with heart valve replacement procedures could pose a challenge to the growth of this market.

Partnerships such as collaboration toward development of new products or manufacturing medical devices are growing among vendors. For example, Boston Scientific partnered with Sorin Group in July 2013 for manufacturing of its product Lotus Transcatheter heart valve system. Through this partnership, Boston Scientific is expected to compete with the top vendors such as Edward Lifesciences and Medtronic in the Transcatheter Heart Valve market in Europe.

According to the report,it is estimated that by 2020, 15-25 percent of the population in developed countries would be >65 year. Heart valve diseases are more common in the elderly especially in the ages >60-65. A greater number of elderly populations are expected to adopt heart valve repair or replacement therapies owing to access to a healthcare infrastructure. Further, developing countries are also revamping their healthcare infrastructures and enabling accessibility. This in turn is expected to boost market growth in developing countries.

Further, the report states that the high cost associated with open heart surgeries and minimally non-invasive methods of valve replacement methods like TAVR are likely to restrict the market to affluent patients. The scenario is likely to impact during most of the forecast period. However, by 2020, the market is expected to witness an increase in availability of THV equipment and competition among vendors could decrease the cost of these devices and improve the adoption rate in the future.

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.

Key Topics Covered:

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

07. Market Segmentation by Category

08. Global Heart Valve Market

09. Market Segmentation of Heart Valve Market

10. Global Transcatheter Heart Valve Market

11. Geographical Segmentation

12. Key Leading Countries

13. Buying Criteria

14. Market Growth Drivers

15. Drivers and their Impact

16. Market Challenges

17. Impact of Drivers and Challenges

18. Market Trends

19. Trends and their Impact

20. Vendor Landscape

21. Key Vendor Analysis

22. Other Reports in this Series

Companies Mentioned: