Abstract
The two major segments of heart valve market - tissue valve & mechanical
valve - both have pros and cons. Tissue valves have a lower risk for
clotting but they are not durable for long-term usage compared to mechanical
valves. Mechanical valves are more durable, but require anti-coagulant drugs
to prevent blood clots. Tissue valve are ideal for older patients.
The mechanical valve market is expected to continue to grow in the low single
digits while tissue valve market is growing at mid-single digit rates. Global
mechanical valve unit sales have declined significantly over the last five
years due to growth of tissue valves. Overall growth would be driven by the
expansion of cardiac surgery in countries such as China, India and Eastern
European nations.
Edwards Life Sciences is the leader in global tissue valve market while in the
mechanical valve segment, St. Jude Medical is the global market leader. Heart
valve companies are targeting the transcatheter valve segment, which presents
an attractive market opportunity. The technology, involving less invasive
approach, is ideal for high risk patients. In the long-term, transcatheter
valves are expected to represent an increasing share of the heart valve market.
The report analyzes the heart valve market. It analyzes the worldwide and the
US market. Apart from providing a competitive landscape of the market, the
report also profiles the major companies, with a discussion of their key
business strategies. It also analyzes the major product segments in the heart
valve market.
By combining SPSS Inc.' s data integration and analysis capabilities with our
relevant findings, we have predicted the future growth of the industry. We
employed various significant variables that have an impact on this industry
and created regression models with SPSS Base to determine the future direction
of the industry. Before deploying the regression model, the relationship
between several independent or predictor variables and the dependent variable
was analyzed using standard SPSS output, including charts, tables and tests.
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