The Report “Americas Prosthetic Heart Valve Market, By Type (Mechanical Heart Valve, Transcatheter Heart Valves and Tissue Heart Valve) By Country - Americas Forecast To 2020” 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 Americas Prosthetic Heart Valve Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Favorable government initiatives and reimbursement policies are expected to further drive the growth of the American prosthetic heart valve market. In countries such as Argentina and Chile, the cost effectiveness of medical device such as prosthetic heart valve and related surgery are contributors to the growth of the market. The growing medical tourism and favorable reimbursement scenario are expected to further aid the growth of the market in these countries. Product differentiation in this market is extremely limited; hence, pricing and branding remains the unique selling proposition of the players operational in the prosthetic heart valve market in Argentina.
Despite this, pricing pressure hindering the market. In 2015, Americas accounted with the largest share of about 45.6 % of the global Prosthetic Heart Valve 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.
This market is segmented and forecasted on the basis of product and country. The type comprises of mechanical heart valves, including mechanical aortic heart valve and mechanical mitral heart valve; transcatheter heart valves; and tissue heart valves, comprising porcine and bovine are discussed .The market is further segmented and forecasted on the basis of country such as U.S., Canada, Mexico, Brazil, Argentina, Chile, Columbia, Paraguay and Uruguay. U.S. dominates the market of Americas 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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