Authored By: Sarah
18 Aug 2024

Heart Valve Repair And Replacement Devices Market 2024-2028: Size and Shortage of cardiologists; growth driven by the Product, Some of key Companies Positioned Strategically

The heart valve repair and replacement devices market size by Product (Heart valve replacement devices and Heart valve repair devices) and Geography (North America, Europe, Asia, and Rest of World (ROW)), is forecast to increase by USD 2580.7 million. The market is expected to grow at a CAGR of   7.08% between 2024 and 2028.

  • In the Heart Valve Repair and Replacement Devices market, the ability to accurately diagnose and effectively treat heart valve disorders is paramount. The absence of proficient cardiologists poses a significant challenge, increasing the likelihood of misdiagnosis and inadequate care. Factors contributing to this shortage include the emigration of trained specialists from developing countries to developed regions and the escalating number of burnt-out professionals departing the medical field. These issues can adversely impact patient care and outcomes.
  • The Heart Valve Repair and Replacement Devices market encompasses innovative technologies and solutions designed to address heart valve disorders. Key players in this sector offer a range of products, including transcatheter heart valves, surgical heart valves, and repair devices. These solutions cater to the growing demand for less invasive procedures and improved patient outcomes. Market growth is driven by an aging population, rising prevalence of cardiovascular diseases, and advancements in technology.

Access the full report to know who are the other key countries segment-wise forecast and historic data

 

Some of the Key Companies:

  • Abbott Laboratories
  • Artivion Inc.
  • BioStable Science and Engineering Inc.
  • Boston Scientific Corp.
  • Colibri Heart Valve LLC
  • Edwards Lifesciences Corp.
  • JenaValve Technology Inc.
  • LivaNova PLC
  • Medtronic Plc
  • Micro Interventional Devices Inc.
  • Neovasc Inc.
  • Valcare Medical
  • Xeltis AG

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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