Dallas, TX -- (SBWIRE) -- 08/27/2014 -- Global Heart Valve Repair and Replacement Market 2014-2018 report says - one of the emerging trends in the market is the increase in the number of products approved by regulatory authorities such as the FDA and CE. Such products are considered to be safe for commercial use increasing their adoption rate.
Analysts forecast the Global Heart Valve Repair and Replacement market to grow at a CAGR of 7.72 percent over the period 2013-2018. According to the report, the increase in the aging population is one of the major drivers in the market. The incidence of cardiac disorders is more prevalent among the aging population across the world and people above the age of 60 years affected by heart valve diseases is expected to contribute to the growth the market.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Heart Valve Repair and Replacement market for the period 2014-2018. In terms of application, the Global Heart Valve Repair and Replacement market can be segmented into two: Heart Valve Repair and Heart Valve Replacement.
The Global Heart Valve Repair and Replacement Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Valve Repair and Replacement market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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The report recognizes the following companies as the key players in the Global Heart Valve Repair and Replacement Market: Abbott Laboratories, Edwards Lifesciences Corp., Medtronic Inc. and St. Jude Medical Inc.
Other Prominent Vendors in the market are: AorTech, Boston Scientific, Colibri Heart Valve, CryoLife , Direct Flow Medical, JenaValve, MiCardia, Mitralign , Neovasc, On-X Life Technologies, Sorin , Symentis and ValveXchange
- Increase in Aging Population
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- Increase in Number of Approved Products
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Further, the report states that the potential risk of complications associated with the use of heart valve repair and replacement devices is proving to be a barrier to the adoption of these devices. Some of the complications are device migration, infection, thrombosis, and mortality.
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Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?