Global Percutaneous Aortic Valve Implantation Market Expected to Grow Owing to Increasing Prevalence of Cardiovascular Diseases in the Elderly Population [220-Pages] | Calculations by Research Dive - Seite 2

 

Dynamics of the Percutaneous Aortic Valve Implantation Market

Growing prevalence of cardiovascular diseases, particularly in elderly population, is expected to become the primary growth driver of the percutaneous aortic valve implantation market in the forecast period. Additionally, rising preference for minimally invasive surgeries is predicted to propel the market forward. However, according to market analysts, high setup cost of percutaneous aortic valve implantation might become a restraint in the growth of the market.

Launch of innovative products from key market players is predicted to offer numerous growth opportunities to the market in the forecast period. Moreover, increased investments in healthcare sector are expected to propel the growth of the market in the coming years.

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COVID-19 Impact on the Percutaneous Aortic Valve Implantation Market

The Covid-19 pandemic disrupted the routine lifestyle of people across the globe and the subsequent lockdowns adversely impacted the industrial processes across all sectors. The percutaneous aortic valve implantation market, too, was negatively impacted due to the pandemic. The pandemic saw a number of cardiovascular-related surgeries and treatments being postponed to focus on treatment of Covid-19 patients. This ultimately brought down the growth rate of the market.

Key Players of the Global Market

The major players of the percutaneous aortic valve implantation market include

• Boston Scientific Corporation
• Edwards Lifesciences Corporation
• Medtronic Plc.
• Abbott Laboratories
• JenaValve Technology Inc.
• Meril Lifesciences
• Becton Dickinson and Company
• Venus Medtech
• JC Medical Inc.
• Bracco.

These players are working on developing strategies such as product development, merger and acquisition, partnerships, and collaborations to sustain the market growth.