Cardiac Prosthetic Devices Market share research by applications and regions for 2017-2024

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Cardiac Prosthetic Devices Market Global
Industry Analysis Report, Share, Growth, Price
Trends and Forecast, 2017 2024 Global Market
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Regional Analysis of Cardiac Prosthetic Devices
Market

• U.S. cardiac prosthetic devices market led the
  regional segment due to increasing awareness
  levels among the affected population.
• The American Heart Association is focusing on
  cardiovascular disease prevention through
  promotion of positive health.
• The prevalence of cardiovascular diseases is
  higher among the children and young adults in
  U.S. owing to their unhealthy lifestyle. Asia
  Pacific will show significant growth over the
  forecast timeframe.
• The growth is mainly attributed to increased
  prevalence of target diseases in this region,
  which in turn is raising the mortality rate.

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Application Analysis of Cardiac Prosthetic
Devices Market

• Disorders like cardiac valve failure and stroke
  lead to high mortality rates, that will
  positively impact the market, thereby, boost
  demand for valve replacement devices and
  pacemakers.
• Stroke is reported to be one of the most commonly
  occurring major cardiovascular disorder amongst
  the geriatric population that causes acute
  prosthetic heart failure.
• Factors such as need of repetitive surgeries and
  high cost of implantation can restraint the
  business growth.

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Competitive Market Share of Cardiac Prosthetic
Devices Market

• Some of the companies operating include
  Medtronic, Sorin Group, Boston Scientific,
  Siemens Healthcare, Edwards Lifesciences, St.
  Jude Medical and Abbott Vascular. Most of the
  companies are focusing on technological
  advancements and increasing safety of the cardiac
  prosthetic devices, this will increase demand for
  such products.
• The companies are also focusing on new product
  development, geographical expansion, and mergers
  acquisitions.
• For instance, in 2016, St. Jude Medical launched
  Trifecta Valve with Glide Technology in the U.S.
  that utilize advanced technology, which is
  further expected to foster the industry growth.

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