Market Research Report
Structural Heart Devices Market By Type (Surgical Aortic Valve Replacement [SAVR], Transcatheter Aortic Valve Replacement [TAVR], Mitral Repair (Annuloplasty), Left Atrial Appendage Closure [LAAC]), By Region, And Segment Forecasts, 2014 - 2025
|Published by||Grand View Research, Inc.||Product code||502204|
|Published||Content info||90 Pages
Delivery time: 2-3 business days
|Structural Heart Devices Market By Type (Surgical Aortic Valve Replacement [SAVR], Transcatheter Aortic Valve Replacement [TAVR], Mitral Repair (Annuloplasty), Left Atrial Appendage Closure [LAAC]), By Region, And Segment Forecasts, 2014 - 2025|
|Published: April 3, 2017||Content info: 90 Pages||
The global structural heart devices market is expected to reach USD 9.1 billion by 2025, based on a new report by Grand View Research, Inc. The market is expected to witness an exponential growth over the next 8 years due to the rapid increase in cardiovascular conditions and increasing power of healthcare expenditure.
The defects are mostly present at birth, thereby directly affecting the under-5 mortality rate of a country. Therefore, rigorous actions are being undertaken by various government bodies across the globe to increase access to treatment. The Centers for Disease Control and Prevention have a public action plan to efficient management of cardiac conditions.
In addition, other organizations are working on improving the scenario for structural heart diseases treatment. For instance, in November 2016, the Cardiovascular Research Foundation (CRF) announced a launch of a journal focusing on diagnosis and treatment of structural heart defects. It was titled Structural Heart: The Journal of the Heart Team and is expected to be launched in May 2017. This is expected to trigger research & development activities along with capital invested in this field, resulting in technological advancements.