The Report “Asia Pacific Prosthetic Heart Valve Market, by Type (Mechanical Heart Valve, Transcatheter Heart Valves and Tissue Heart Valve) By Country - Asia Pacific Forecast to 2021” is estimated to grow from USD 454.4 million in 2015 to USD 829.6 million in 2021, at a CAGR of 10.6%.
Browse through the TOC of the Asia Pacific Prosthetic Heart Valve Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Asia Pacific Prosthetic Heart Valve market growth is attributed to the increasing incidences of heart diseases, rise aging population in the market. Even, reimbursement scenario, technological advancements, medical tourism, government initiatives and adoption of Trans catheter Aortic Valve Replacement (TAVR) also driving the market.
As prosthetic heart valve is surgically implanted in the heart to replace a heart valve that has become damaged due to heart valve disease. A heart valve replacement surgery is performed when repair of the valve is not an option. Valvular diseases are usually associated with advanced age, and congenital defects which interrupts, slow-downs, or prevent the efficient function of the valves.
This market is segmented and forecasted on the basis of product and geography. The type comprises of mechanical heart valves, including mechanical aortic heart valve and mechanical mitral heart valve; transcatheter heart valves; and tissue heart valve, comprising porcine and bovine are discussed. The Asia-Pacific prosthetic heart valve market comprises Japan, china, India, Republic of Korea (RoK), Australia, Singapore, Malaysia, Vietnam, Taiwan, Thailand, Indonesia, and New Zealand. Asia-Pacific accounted for a share of 14.4% of the global prosthetic heart valve market.
This report also includes the market share, approach for arriving the market size, new technology developments, product matrix, life cycle analysis, Porter’s five forces analysis and price analysis by product. In this report, market metrics are also included such as drivers, restraints and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide Prosthetic Heart Valve as a product.
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