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Aortic Valve Market to Witness Robust Growth in Coming Years

Valued at $7,568.3 billion in 2019, the global aortic valve market is predicted generate a revenue of $29,146.9 million in 2030. Furthermore, as per P&S Intelligence, a market research firm based in India, the market is predicted to advance at a CAGR of 13.2% from 2020 to 2030. <br>The increasing government initiatives being launched in many countries for raising public awareness about valve replacement and the rising incidence of valvular diseases are the major growth drivers of the market.<br>

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Aortic Valve Market to Witness Robust Growth in Coming Years

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  1. Global Aortic Valve Market Set to Explode Beyond $29,000.0 Million Revenue in 2030 © P&S Intelligence. All rights reserved Page 1

  2. Valued at $7,568.3 billion in 2019, the global aortic valve market is predicted generate a revenue of $29,146.9 million in 2030. Furthermore, as per P&S Intelligence, a market research firm based in India, the market is predicted to advance at a CAGR of 13.2% from 2020 to 2030. The increasing government initiatives being launched in many countries for raising public awareness about valve replacement and the rising incidence of valvular diseases are the major growth drivers of the market. Every year, cardiovascular diseases (CVD) lead to 17.9 million human fatalities, as per the World Health Organization (WHO). With so many components, the heart is itself a complex organ to manage medically, with each component having its own set of diseases and disorders. It could be an electrical problem (malfunctioning of the sinoatrial or atrioventricular node in the cardiac pacemaker), clogging of the coronary arteries with plaque, valve destruction, inflammation of the chambers or cardiac muscle, myopathy (muscle death), infection or a structural defect, such as the arrhythmogenic right ventricular cardiomyopathy (ARVC). Receive Sample Copy of this Report:https://www.psmarketresearch.com/market-analysis/aortic- valve-market/report-sample Valve replacement surgeries can be done the open way or minimally invasive way. Of these, minimally invasive surgeries (MISs) are performed in higher numbers than open procedures, as they account for significantly smaller incisions, lower blood loss and pain, and shorter hospital stays. Further, with patients becoming more conscious about their appearance, the nasty scars caused by open surgeries are putting these procedures out of preference around the world. There are two MIS approaches to aortic valve replacement — transfemoral and transapical — of which the former is preferred due to the larger diameter of the femoral artery, which makes threading the catheter easier. Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry- url=aortic-valve-market Globally, Europe has been the largest aortic valve market till now, as aortic valve stenosis accounts for a high prevalence rate in regional nations. Additionally, new products and surgical technologies are getting approvals from regulatory authorities, which are revolutionizing cardiothoracic and vascular surgery in the continent. Even in the coming years, the procurement of aortic valves by healthcare centers will increase the fastest here, with the rapid improvements in the medical infrastructure. Hence, as the prevalence of valvular heart disease increases across the world, so will the demand for artificial aortic valves. © P&S Intelligence. All rights reserved Page 2

  3. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 © P&S Intelligence. All rights reserved Page 3

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