Biological heart valve substitutes represent an important component in the surgical treatment of advanced valvular diseases, and offers excellent hemodynamics and no need for anticoagulation therapy. A bovine pericardial valve is widely known as an artificial bio-prosthetic cardiac valve with a three-cusp structure designed from chemically treated bovine pericardium on a suitable framework such as a titanium frame. It is biomechanically engineered valve intended specifically for the aortic and mitral position.
Global Bovine Pericardial Valve Market is accounted for approximately XX USD million in 2018 and is expected to reach XX USD million by 2026 growing at a CAGR of XX% between 2019 and 2026. Driven by increasing incidence of cardiac and valve diseases, an aging population more focused on quality of life, Accelerating mechanical to tissue conversions has encouraged the development of the market over the past few years. In addition to this, Innovative, premium-priced products along with Growing recognition of under-treatment is one of the primary growth stimulants for the market.
Besides, Continuous improvement in valve fabrication includes development of new models and shapes, novel methods of tissue treatment, and preservation and implantation techniques is expected to show lucrative opportunities during the forecast period. However, limited durability along with high cost associated with these values is anticipated to restraint market growth.
Based on type, the Bovine Pericardial Valve market has been segmented into Cobalt-chrome, Titanium, Nickel Molybdenum, and Others. Furthermore, by application, the Bovine Pericardial Valve market has been bifurcated into Aortic, Mitral, and Other. The xx segment type is expected to value for a major market share with XX% in 2018. However, xx is anticipated to exhibit the largest market share with XX% in 2018.
Geographically, global Bovine Pericardial Valve market has been segregated into regions including North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Among all, Asia Pacific leads the global Bovine Pericardial Valve market with XX% market share in 2018. The growth of the market in this region is primarily driven by increased healthcare infrastructure and rapid economic development.
The report further offers detailed competitive analysis of the top key players that are trending in the market. The list of the players that are featured in the report are Edwards Lifesciences, Medtronic, Meril Life Sciences Pvt. Ltd., Boston Scientific Corporation, Labor Laboratórios Ltda., Abbott, Colibri Heart Valve, St. Jude Medical, and others
The Global Bovine Pericardial Valve Market Segmentation:
Global Bovine Pericardial Valve Market: Type Analysis
• Nickel Molybdenum
Global Bovine Pericardial Valve Market: Application Analysis
Global Bovine Pericardial Valve Market: Regional Analysis
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy and Rest Of Europe)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Argentina, Colombia and Rest of L.A.)
• Middle East And Africa (Turkey, GCC, UAE and South Africa Rest of Middle East)