Structural Heart Devices Market Size & Growth, Trends

 


The rising prevalence of Structural Heart Devices, regulatory approvals for new and advanced structural heart devices, favorable reimbursement scenario for structural heart procedures & devices, and increasing awareness about structural heart diseases are the major factors driving the growth of the structural heart devices market. However, low affordability and inaccessibility of cardiac surgeries in developing countries are expected to restrain the growth of this market in the coming years. In addition, a dearth of skilled personnel may affect overall procedural volumes and serve to slow the pace of market growth during the forecast period.


The report describes and studies the global Structural Heart Devices Market, by product, procedure, and region. It provides detailed information regarding the major factors influencing the growth of this market and the regulatory analysis impacting market dynamics.


Based on the type, the Structural Heart Devices Market is segmented into surgical aortic valve replacement (SAVR), transcatheter aortic valve replacement (TAVR), mitral repair, and left atrial appendage closure (LAAC). SAVR dominated in 2016 due to its proven efficacy in the treatment and established reimbursement codes. SAVR also has well-established surgical guidelines, which makes it a preferred choice for surgeons as they can refer to it during the surgery.


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