Prosthetic Heart Valve Market Growing at a CAGR of 9.4% During Forecast Period 2020-2025
"Increasing prevalence of heart valve disease, regulatory approvals for advanced new procedures, increasing government funding for advanced researches and favorable reimbursement policies for prosthetic heart valve is estimated to drive the industry growth during the forecast period 2020-2025." Prosthetic Heart Valve Market size is forecast to reach $7.61 billion by 2025, growing at a CAGR of 9.4% during the forecast period 2020-2025. A prosthetic heart valve is a one-way valve implanted into the heart of a patient to replace a dysfunctional native heart valve. In practice, ideal valve substitute does not exist, and each of the currently available prosthetic valves has inherent limitations. Three basic types of mechanical heart valve design exist, they are bileaflet, monoleaflet, and caged ball valves. The left-sided valves, the aortic valve and the mitral valve have a higher predisposition to disease compared to their right-sided counterparts. Growing geriatric population...