Americas Prosthetic Heart Valve Market, By Type (Mechanical Heart Valve, Transcatheter Heart Valves and Tissue Heart Valve) By Country - Americas Forecast To 2020
A prosthetic heart valve is an artificial placed in the heart of a patient suffering from valvular heart disease. In cases of the malfunctioning of any of the four natural valves, a surgery can be performed to replace it with a prosthetic valve. Heart valve disease can occur in any single valve or a combination of the four valves; however, the diseases of the aortic and mitral valves are the most common. A prosthetic heart valve can be either mechanical valve or tissue (bio-prosthetic) valve.
The purpose of this report is to cover the description, definition and forecast of the Americas Prosthetic Heart Valve market. It involves deep dive analysis of market segmentation, which comprises of products and country. The Americas prosthetic heart valve market was estimated to grow from USD 1.41 billion in 2015 to USD 2.31 billion in 2021, at a CAGR of 8.5%.
The increasing number of heart surgeries in the Americas is expected to drive the growth of the prosthetic heart valve market in this region. Technological advancements, rise in aging population, and increased prevalence of heart valve disease are some of the factors influencing the growth of the prosthetic heart valve market. According to the data from the Centers for Disease Control and Prevention, approximately 395,000 coronary artery bypass graft surgical procedures were performed in the U.S. in 2014.
By type, the Americas Prosthetic Heart Valve market is divided into Mechanical heart valve, Transcatheter heart valves and Tissue heart valve. The tissue heart valve accounted for the largest share of 52.8% of the Americas Prosthetic Heart Valve market in 2015.
In-depth market share analysis, by revenue, of the top companies is also included in the report. These numbers are arrived at, based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders, such as CEOs, directors, and marketing executives.
The major players in this market include Boston Scientific Corporation (U.S.), St. Jude Medical, Inc. (U.S.), Sorin S.p.A (Italy), Medtronic (Republic of Ireland), Abbot Laboratories (U.S.), Claret Medical, Inc. (U.S.), AorTech (U.K.), Edwards Lifesciences Corporation (U.S.), Neovasc Inc. (Canada), Cytograft (U.S.) , JenaValve Technology (Germany), among others. These companies have adopted various strategies, such as mergers & acquisitions and partnerships, among others, to achieve growth in the Americas Prosthetic Heart Valve market.
Scope of the Report:
This report categorizes the Americas market for Americas Prosthetic Heart Valve on the basis of type and country.
Market Segmentation, by Type:
Based on type, the Americas Americas Prosthetic Heart Valve market is segmented into mechanical heart valve, tissue heart valve, and transcatheter heart valve.
Market Segmentation, by Country:
- North America
- Prosthetic heart valve companies
- Government and Research Organizations
- Private Medical Offices
- Emergency Care Units
- Usage pattern (in-depth trend analysis) of products (segment-wise)
- Product matrix, which gives a detailed comparison of product portfolio of each company mapped at the country and subsegment level
- End-user adoption rate analysis of products (segment and country-wise)
- Comprehensive coverage of product approvals, volume data, pipeline products, and product recalls
- Brand/product perception matrix
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