DUBLIN--(BUSINESS WIRE)--The "Aortic Valve Replacement Devices Market Size, Share And Trends Analysis Report By Surgery (Open, Minimally Invasive), By Product (Transcatheter Aortic Valve, Sutureless Valve), By End-user, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global aortic valve replacement market size is expected to reach USD 13.49 billion by 2025, registering a CAGR of 11.1% during the forecast period.
Technological advancements in aortic valves and favorable reimbursement policies are boosting the growth of the market. Rising demand for minimally invasive surgeries is also triggering the growth of the market.
Widening base of geriatric population is one of the key growth stimulants. As per data published by Medicare and Medicaid services, the number of aortic stenosis patients over 65 years of age is constantly increasing in the U.S. Thus, rising incidence of aortic stenosis coupled with improving treatment rates is expected to bolster the growth of the market over the forecast period.
In addition, growing preference for minimally invasive surgeries is escalating the growth of the market. These procedures cause lesser trauma to patient along with better outcomes and facilitate faster recovery than conventional open-heart surgeries. MIS requires relatively lesser number of hospital stays and is hence economically more viable than conventional invasive surgeries.
Key Findings
- Minimally invasive surgeries emerged as the leading surgery type owing to various advantages associated with them, such as limited trauma, quicker recovery, and cost-effectiveness
- The transcatheter valve segment accounted for the largest revenue share in 2017 due to rising number of clinical studies for expanding their applications
- In terms of end-users, hospitals were the dominant revenue contributor in 2017 and ambulatory surgery centers (ASCs) are expected to exhibit remarkable CAGR over the forecast period
Key Topics Covered
Chapter 1 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
Chapter 4 Aortic Valve Replacement Devices Market: Surgery Type Estimates & Trend Analysis
Chapter 5 Aortic Valve Replacement Devices Market: Product Type Estimates & Trend Analysis
Chapter 6 Aortic Valve Replacement Devices Market: End-User Estimates & Trend Analysis
Chapter 7 Regional Estimates & Trend Analysis, by Surgery, Product Type & End-User
Chapter 8 Competitive Landscape - Company Profiles
- Boston Scientific Corporation
- Cryolife Inc.
- Edward Lifesciences Corporation
- LivaNova PLC (Sorin Group)
- Medtronic
- St. Jude Medical (Abbott)
- Symetis S.A.
For more information about this report visit https://www.researchandmarkets.com/research/gcp2v7/global_aortic?w=4
