DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Cardiac Prosthetic Devices Market Size And Forecast By Product (Heart Valves [Mechanical Valve, Tissue Valve, Transcatheter Valve]), Pacemakers [Implantable Pacemakers, External Pacemakers]) And Trend Analysis From 2014 To 2025" report to their offering.
The global cardiac prosthetic device market is expected to be over USD 8.7 billion by 2025. Rising demand for minimally invasive devices has provided greater growth prospects for the market. New product development through technological advancements is anticipated to foster market growth. The major companies are focusing on expanding their product life and safety benefits of the cardiac prosthetic devices. Such initiatives undertaken by the key players have resulted in increasing survival rates and low stroke rates for transcatheter aortic valves.
Transcatheter Aortic Valve Replacement (TAVR) is covered by Evidence Development (CED) Coverage provided by the Centers for Medicare & Medicaid Services (CMS). Cardiac pacemakers are also covered under Medicare program. Initiatives for reimbursement from the government for such devices are anticipated to boost the demand for cardiac prosthetic devices.
Key Topics Covered:
1 Research Methodology & Scope
2 Executive Summary
3 Market Snapshot
4 Market Variables, Trends & Scope
5 Market Categorization 1: Product Estimates & Trend Analysis
6 Market Categorization 2: Regional Estimates & Trend Analysis, by Product
7 Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/5g7p6k/cardiac