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APAC Will Dominate The Global Heart Valve Devices Industry, Registering A Growth Opportunity Worth US$ 18.5 Billion By 2032

The market for heart valve devices is expected to be valued US$ 11.16 billion in FY 2022, up from US$ 9.85 billion in FY 2021. Over the preceding year, the industry increased 13.3% year on year. Between 2022 and 2032, sales of heart valve devices are expected to expand at a CAGR of 13%, reaching a value of US$ 37.5 billion by the end of that year.

The size of the international market, as well as the total size and share of important geographical segments, are estimated in the new study on the global Heart Valve Devices Market for the historical review period of 2022–2032. The report looks at the main elements that are currently affecting the market for heart valve devices. The essential drivers, constraints, and opportunities for established market participants, significant stakeholders, and up-and-coming players involved in keyword manufacturing are explained in this paper. The study also identifies trends that are anticipated to affect how the Heart Valve Devices Market will develop throughout the forecast period.

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Competitive Landscape 

Prominent Heart Valve Devices providers are reliant on partnerships, collaborations, acquisitions, and new software launches so as to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.

  • In March 2022, Edwards Lifesciences Corporation received approval from the U.S. Food and Drug Administration (FDA) for the MITRIS RESILIA valve, a tissue valve replacement specifically designed for the heart’s mitral position.
  • In January 2022, CryoLife, Inc., a leading cardiac and vascular surgery company focused on aortic disease, made an announcement of renaming and rebranding itself to Artivion, Inc., effective immediately. Derived from the word’s “aorta”, “innovation”, and “vision”, the company’s new name and brand reflect its evolution to focus on providing innovative technologies to surgeons who treat patients with aortic disease.

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Key Segments Covered in the Heart Valve Devices Industry Survey 

  • Heart Valve Devices by Type
    • Mechanical Heart Valves
      • Aortic Valve
      • Mitral Valve
    • Biological Heart Valve
      • Aortic Valve
      • Mitral Valve
      • Pulmonary Valve
      • Tricuspid Valve
    • Transcatheter Valves
      • Aortic Valve
      • Mitral Valve
      • Pulmonary Valve
  • Heart Valve Devices by End User
    • Heart Valves in Hospitals
    • Heart Valves in Ambulatory Surgical Centers
  • Heart Valve Devices by Region
    • North America Heart Valve Devices Market
    • Latin America Heart Valve Devices Market
    • Europe Heart Valve Devices Market
    • Asia Pacific Heart Valve Devices Market
    • Middle East & Africa Heart Valve Devices Market

The global Heart Valve Devices Market report answers numerous pertinent questions, some of which are:

What are some of the unexplored investment potential in the heart valve devices market?
Which region is expected to have the most tempting growth rate over the projected period, and what factors will be critical to its development?
What innovations are most likely to change the main players’ market positioning for heart valve devices in the not-too-distant future?
Which product, service, or technology categories have the potential to fundamentally impact the Heart Valve Devices Market?
What strategies do the market leaders employ to preserve their dominance in the heart valve devices industry?
What business methods will new entrants employ to gain a firm foothold in the heart valve devices market?
What are the consequences of COVID-19?


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