Published on : Sep 04, 2019
A recent research report published by ResearchMoz talks about the global heart valve repair and replacement market and its overall dynamics. This report of the heart valve repair and replacement market offers comprehensive analysis, market shares, key trends, opportunities, and driving and restraining factors that are influencing the growth of the market. Along with in-detail market segmentation, the research report offers key insights and information that are imperative for devising decisive marketing strategies.
The global heart valve repair and replacement market can be segmented on the basis of type of repair procedure and type of replacement. Heart valve replacement and heart valve repair are the two main types of medical procedures. On the other hand, the market is segmented into tissue heart valve, mechanical heart valve, and transcatheter heart valve based on the type of replacement.
Europe to Show Steady Growth owing to Sedentary Lifestyle
From a geographical point of view, the global heart valve repair and replacement market can be segmented into key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these, the global market is projected to be dominated by North America over the course of the given forecast period of 2018 to 2028. This growth of the market is due to the increasing geriatric population and prevalence of unhealthy lifestyle and other diseases.
On the other hand, the Europe is also projected to show a promising growth in the global heart valve repair and replacement market. This growth of the region is due to the increasing sedentary lifestyle, unhealthy eating habits, and increasing medical tourism in the region.
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Some of the key players in the global heart valve repair and replacement market include names such as Boston Scientific Corporation, Edwards Lifesciences Corporation, Abbott Laboratories, and St. Jude Medical among others.