Europe Prosthetic Heart Valves Market is projected to reach USD 2.56 Billion by 2023.
Europe Prosthetic Heart Valves Market By Type (Mechanical Heart Valve, Tissue Heart Valve, And Transcatheter Heart Valve), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2018-2023
(EMAILWIRE.COM, September 14, 2018 ) Overview:
In the year 2018, Europe Prosthetic Heart Valves Market was valued at USD1.42 Billion. By the year 2023, it is expected to reach USD 2.56 Billion at pace of 12.66% CAGR.
Prosthetic heart valve designates a device implanted in a patient suffering from valvular heart disease. The replacement of abnormal valves with prosthetic heart valves reduces the morbidity and mortality associated with heart valve disorders. When the treatment of heart valve disease reaches a level where it does not provide relief to the patient, surgery is recommended as the best solution to repair or replace the valve. The different types of valves used in valve replacement surgery are biological tissue valves and carbon-based mechanical valves.
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Underlying Causes
The growth for Prosthetic Heart Valves market is driven due to factors like increasing geriatric and obese population, rising prevalence of cardiovascular disorders, growing demand for minimally invasive cardiovascular surgeries, rising healthcare expenditure. In addition, increasing number of heart valve surgery centers, advancement of technologies in the medical sector, favorable reimbursement policies, and introduction of advanced heart valves are expected to drive the market growth. However, high cost of the treatment and strict regulatory policies for approving new products are the restraining factors which is expected to hinder the growth rate for Europe Prosthetic Heart Valves Market during the forecast period.
To know more read: https://www.marketdataforecast.com/market-reports/europe-prosthetic-heart-valves-market-2604/
Geographic Segmentation:
Based on geography the Europe Prosthetic Heart Valves market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe is accounted as the second largest market share in the Prosthetic Heart Valves market.
Get your customized report: https://www.marketdataforecast.com/market-reports/europe-prosthetic-heart-valves-market-2604/customize-report
Key Players:
Leading companies for Europe Prosthetic Heart Valves market are Corvia Medical, CardioKinetix, Biomerics LLC, Lepu Medical Technology, XELTIS BV, Comed BV, HLT, Meril Life Sciences, SYMETIS SA and Transcatheter Technologies GmbH.
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Filmnagar Branch, B 44, Rd Number 3, Journalist Colony, Hyderabad, Telangana 500033.
Phone: +1-888-702-9626
In the year 2018, Europe Prosthetic Heart Valves Market was valued at USD1.42 Billion. By the year 2023, it is expected to reach USD 2.56 Billion at pace of 12.66% CAGR.
Prosthetic heart valve designates a device implanted in a patient suffering from valvular heart disease. The replacement of abnormal valves with prosthetic heart valves reduces the morbidity and mortality associated with heart valve disorders. When the treatment of heart valve disease reaches a level where it does not provide relief to the patient, surgery is recommended as the best solution to repair or replace the valve. The different types of valves used in valve replacement surgery are biological tissue valves and carbon-based mechanical valves.
View sample and decide: https://www.marketdataforecast.com/market-reports/europe-prosthetic-heart-valves-market-2604/request-sample
Underlying Causes
The growth for Prosthetic Heart Valves market is driven due to factors like increasing geriatric and obese population, rising prevalence of cardiovascular disorders, growing demand for minimally invasive cardiovascular surgeries, rising healthcare expenditure. In addition, increasing number of heart valve surgery centers, advancement of technologies in the medical sector, favorable reimbursement policies, and introduction of advanced heart valves are expected to drive the market growth. However, high cost of the treatment and strict regulatory policies for approving new products are the restraining factors which is expected to hinder the growth rate for Europe Prosthetic Heart Valves Market during the forecast period.
To know more read: https://www.marketdataforecast.com/market-reports/europe-prosthetic-heart-valves-market-2604/
Geographic Segmentation:
Based on geography the Europe Prosthetic Heart Valves market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe is accounted as the second largest market share in the Prosthetic Heart Valves market.
Get your customized report: https://www.marketdataforecast.com/market-reports/europe-prosthetic-heart-valves-market-2604/customize-report
Key Players:
Leading companies for Europe Prosthetic Heart Valves market are Corvia Medical, CardioKinetix, Biomerics LLC, Lepu Medical Technology, XELTIS BV, Comed BV, HLT, Meril Life Sciences, SYMETIS SA and Transcatheter Technologies GmbH.
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Filmnagar Branch, B 44, Rd Number 3, Journalist Colony, Hyderabad, Telangana 500033.
Phone: +1-888-702-9626
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results