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Global Cardiac Restoration Systems Market 2019-2023 | Growing Awareness about Cardiac Restoration Systems to Boost the Market | Technavio

May 22, 2019
Technavio has published a new market research report on the global cardiac restoration systems market from 2019-2023. (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--May 22, 2019--

A new market research study by Technavio on the global cardiac restoration systems market projects the market to grow at a CAGR of more than 5% during the period 2019-2023. This research report provides an in-depth analysis of the market in terms of revenue, top drivers, and emerging market trends. It also includes detailed insights and forecasts for all the market segments across different geographies.

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Technavio has published a new market research report on the global cardiac restoration systems market from 2019-2023. (Graphic: Business Wire)

A growing number of cardiovascular surgeries

Over the last few years, there has been a significant increase in the number of cardiovascular surgeries, including angioplasty, atherectomy, bypass surgery, cardiomyopathy, heart transplant, radiofrequency ablation, and surgical ventricular restoration. This is mainly due to the increasing prevalence of CVDs, rising healthcare expenditure, and the availability of health insurance that covers most of the cost for cardiovascular surgeries. Hence, the growing number of cardiovascular surgeries will drive the growth of the global cardiac restoration systems market during the forecast period.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report, including the market size and forecast, drivers, challenges, trends, and more.

Growing awareness about cardiac restoration systems

The incidence of heart valve diseases such as mitral valve regurgitation is increasing significantly, which has led to an increase in initiatives taken to raise awareness about cardiac restoration systems. These initiatives include conferences and hosting programs, which emphasize on early diagnosis and treatment with cardiac restoration systems. Moreover, companies in the market are also organizing campaigns to raise awareness among people about heart valve diseases. Hence, the rising awareness about cardiac restoration systems is expected to propel the market growth during the forecast period.

According to a senior analyst at Technavio, “ Vendors in the cardiac restoration systems market are increasingly focusing on implementing developmental strategies such as M&A and higher R&D investments to improve their market share and expand their presence globally. M&A activities are helping vendors to improve productivity and implement cost-saving. Thus, high R&D investments and M&A activities will boost the growth of the cardiac restoration systems market during the forecast period.”

Availability of alternatives

The healthcare industry offers a number of alternatives for the treatment of heart-related issues. Some of them include heart repair and replacement devices, commissurotomy, percutaneous balloon mitral valvuloplasty, and vitamin D medications. These alternatives provide improved cost-effective treatment care when compared to cardiac restoration systems. However, vendors in the market are constantly striving to bring advanced cardiac restoration system that can provide effective treatment at affordable costs. The constant R&D activities and new product launches will propel the adoption of cardiac restoration systems during the forecast period.

Top players in the global cardiac restoration systems market:

  • Abbott
  • BioVentrix Inc.
  • CryoLife Inc.
  • Edwards Lifesciences Corp.
  • NeoChord Inc.
  • Xeltis AG

Some of the key topics covered in the global cardiac restoration systems market include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. It provides detailed market research reports that provide clients with actionable insights to help them identify market opportunities and design effective strategies to optimize their market position.

With over 500 specialized analysts, Technavio boasts of an extensive report library comprising of over 10,000 reports, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than a hundred Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets. Technavio helps companies to assess their competitive position within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190521006025/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: SURGERY HEALTH CARDIOLOGY HOSPITALS

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 05/22/2019 01:23 AM/DISC: 05/22/2019 01:23 AM

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