- Medical Devices
- Tuesday, 04 May 2021
Global Bovine Pericardial Valve Market | Competitive Dynamics & Outlook 2027 - Key Players: LivaNova PLC, BraileBiomedica, Meril LifeSciences Pvt. Ltd., Valcare Medical, Labcor, AFFLUENTMEDICAL SA, etc
The global Bovine Pericardial Valve Market is expected to reach US$ 4,134.40 million in 2027 from US$ 1,959.71million in 2019; it is estimated to grow at a CAGR of 9.9% from 2020 to 2027.
The insight Partners Research has recently added a concise research on the Global Bovine Pericardial Valve Market – Industry Trends and Forecast to 2027. A reliable Global Bovine Pericardial Valve Market report contains market data that can be relatively essential when it comes to dominate in the industry or make a mark in the market as a new emergent. It also strategically analyses the growth trends and future prospects. Moreover, this winning market report also provides strategic profiling of top players in the industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. The report gives details about the top players and brands that are driving the market. A wide-ranging research report acts as a backbone for the success of business in any sector.
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Key Market Competitors: Global Bovine Pericardial Valve Market:
- Medtronic
- EdwardsLifesciences Corporation
- BostonScientific Corporation
- Abbott
- LivaNova PLC
- BraileBiomedica
- Meril LifeSciences Pvt. Ltd.
- Valcare Medical
- Labcor
- AFFLUENTMEDICAL SA
Bovine pericardial valves, also known as bioprosthetic valves, are used as bioprosthetic heart valves, duralclosures, bone and dental membranes, and surgical buttress. The valves are madefrom collagen and metallic materials or alloys, which provides strength andelasticity.Increasingincidence of cardiovascular diseases (CVDs) and congenital heart diseases (CHDs),and advantages of tissue-based heart valves over mechanical valves are themajor factors contributing to the growth of the global bovine pericardial valvemarket. However, the market growth is restrained by the limitations associatedwith the tissue-based valves.
In 2019, the aortic segment held the largest share of the market basedon valve type; the segment is expected to register the highest CAGR during theforecast period. The market for this segment islikely to witness lucrative growth owing to continuous developments intranscatheter aortic valve implantation procedures, leading to progressivelylarge number of patients undergoing the surgery. Moreover, these surgicalprocedures are now been reimbursed by the Centers of Medicare and Medicaid(CMS) in the US. The expected introduction of such reimbursement policies inother countries in the world would contribute to the growth of the market foraortic valves in other countries in the coming years.
The Bovine Pericardial Valve Market is anticipated to grow with a significant rate in the coming years, owing to factors such as increasing ageing population, rising prevalence of chronic diseases, up surge in healthcare costs, and developments in technology. Moreover, increase of big multi-service ambulatory care centers and growth in healthcare investments offer growth opportunities in the Bovine Pericardial Valve Market.
The “Global Bovine Pericardial Valve Market Analysis to 2027” is a specialized and in-depth study of the medical devices industry with a focus on the global Bovine Pericardial Valve Market trend. The report aims to provide an overview of global Bovine Pericardial Valve Market with detailed market segmentation by type, specialty, surgery, and geography. The global Bovine Pericardial Valve Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the Bovine Pericardial Valve Market.
Reasons to Purchase this Report:
- Current and future of Bovine Pericardial Valve Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
To comprehend Global Bovine Pericardial Valve Market dynamics in the world mainly, the worldwide Bovine Pericardial Valve Market is analyzed across major global regions.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
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