Rockville, Jan. 04, 2023 (GLOBE NEWSWIRE) -- A new industry analysis by Fact.MR, a market research and competitive intelligence provider, says that the global structural heart devices market is valued at US$ 12.17 billion in 2023 and is predicted to reach US$ 36.06 billion by the end of 2033.

Structural heart disease is a broad term describing a type of percutaneous therapy used to treat patients with congenital and inherited heart conditions that involve functional and structural abnormalities in the heart valves, proximal great arteries, and heart chambers. Due to wear and tear from infections, these diseases may manifest later in life but may also be present from birth.

Primary factors boosting the sales of structural heart devices are the rising prevalence of structural heart diseases, the surge in enlarged indication approval for numerous transcatheter structural heart products, and the rise in the senior population affected by various degenerative valvular heart diseases. Growing preference for minimally-invasive structural heart therapeutic products among patients who place a premium on value and the increase in research and development spending for the creation of cutting-edge, innovative products all contribute to the market growth for structural heart devices.

On the other hand, it is expected that constraints such as low accessibility and low affordability of cardiac procedures in emerging nations may somewhat impede the demand for structural heart devices in poor and developing economies.

Download a Free Sample Copy of this Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=8136

The global market is dominated by North America due to the high rate of minimally-invasive procedures and rising endovascular procedure rates. Asia Pacific is anticipated to experience a high CAGR over the projected period due to advancements in screening programmes, rising heart disease awareness among the populace, and improved access to healthcare systems.

Key Takeaways from Market Study

“Highest demand for structural heart devices to be exhibited by hospitals as compared to other types of medical centers,” says a Fact.MR analyst.

Segments of Structural Heart Devices Industry Research

Get Customization on this Report for Specific Research Solutions - https://www.factmr.com/connectus/sample?flag=RC&rep_id=8136

Winning Strategy

The structural heart devices market is highly competitive and consists of significant market players, including Abbott Laboratories, Boston Scientific Corporation, Braile Biomedica, CryoLife, Inc., Edwards Lifesciences Corporation, and others.

Competitive Landscape

Leading companies are embracing novel strategies to increase their market share, including cutting-edge marketing tactics, technological breakthroughs, mergers, and acquisitions.

Key Companies Profiled

Explore Our Safe & Secure Payment Options for Quick Buy – https://www.factmr.com/checkout/8136

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global structural heart devices market, presenting historical demand data (2018-2022) and forecast statistics for the period of 2023-2033.

The study divulges essential insights on the market on the basis of product (heart valve devices, surgical heart valves, transcatheter heart valves, occluders & delivery systems), procedure (replacement procedures, repair procedures), age group (pediatrics, adults, geriatrics), indication (atrial septal defect (ASD), ventricular septal defect (VSD), patent foramen ovale (PFO), aortic valve stenosis), and end user (hospitals, ambulatory surgical centers, cardiac centers), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).

Check out more related studies published by Fact.MR Research: 

Cardiopulmonary Stress Testing Systems Market: Global cardiopulmonary stress testing devices market is poised to expand positively at a CAGR of 4.8% during the forecast period (2020-2025). Cardiovascular Disease (CVD) remains one of the leading causes of death across the world.

Cardiac POC Testing Devices Market: Worldwide sales of cardiac POC testing devices are anticipated to increase rapidly at a CAGR of 6% from 2022 to 2026. In 2022, the global cardiac POC testing devices market is valued at US$ 1.5 billion and is projected to reach a market size of US$ 1.9 billion by 2026.

Cannula Market: Worldwide sales of cannulas are predicted to accelerate at a CAGR of 6.2% from 2022 to 2027. In 2022, the global cannula market is valued at US$ 185 million and is projected to reach a market size of US$ 250 million by 2027.

Cardiology Genomic Testing Market: Heart disorders can be inherited and passed from parents to children via their genes. Cardiology genomic testing helps in detecting diseases such as aortopathy and congenital heart diseases. Also, it can be useful for family members who are at a risk of developing heart problems.

Heart Attack Diagnostics Market: The heart attack diagnostics market share is predicted to grow at a moderate CAGR of 7.1% during the forecast period of 2023 to 2033. The global heart attack diagnostics market is estimated to reach a value of nearly US$ 23.8 Billion by 2033 growing from US$ 12 Billion in 2023.

About Us:

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.

Specialties: Competition Tracking, Customized Research, Syndicated Research, Investment Research, Social Media Research, Business Intelligence, Industry Analysis, Thought Leadership.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Tel: +1 (628) 251-1583