DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/mk3bgs/global_heart) has announced the addition of the "Global Heart Valves and Transcatheter Valves Market Forecast & Opportunities, 2016" report to their offering.
According to the report,it is estimated that by 2020, 15-25 percent of the population in developed countries would be >65 year. Heart valve diseases are more common in the elderly especially in the ages >60-65. A greater number of elderly populations are expected to adopt heart valve repair or replacement therapies owing to access to a healthcare infrastructure. Further, developing countries are also revamping their healthcare infrastructures and enabling accessibility. This in turn is expected to boost market growth in developing countries.
Partnerships such as collaboration toward development of new products or manufacturing medical devices are growing among vendors. For example, Boston Scientific partnered with Sorin Group in July 2013 for manufacturing of its product Lotus Transcatheter heart valve system. Through this partnership, Boston Scientific is expected to compete with the top vendors such as Edward Lifesciences and Medtronic in the Transcatheter Heart Valve market in Europe.
Further, the report states that the high cost associated with open heart surgeries and minimally non-invasive methods of valve replacement methods like TAVR are likely to restrict the market to affluent patients. The scenario is likely to impact during most of the forecast period. However, by 2020, the market is expected to witness an increase in availability of THV equipment and competition among vendors could decrease the cost of these devices and improve the adoption rate in the future.
The key vendors dominating this market space are:
- Edward Life Science Corp.
- Medtronic Inc.
- Sorin Group
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St Jude Medical Inc
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
05. Introduction
06. Market Landscape
07. Market Segmentation by Category
08. Global Heart Valve Market
09. Market Segmentation of Heart Valve Market
10. Global Transcatheter Heart Valve Market
11. Geographical Segmentation
12. Key Leading Countries
13. Buying Criteria
14. Market Growth Drivers
15. Drivers and their Impact
16. Market Challenges
17. Impact of Drivers and Challenges
18. Market Trends
19. Trends and their Impact
20. Vendor Landscape
21. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/mk3bgs/global_heart