Over the coming years, the market for stentless bioprostheses is anticipated to increase significantly, mostly due to the rising need for minimally invasive cardiac valves and related technologies. A multitude of variables, including an ageing population, an increase in cardiovascular disease incidence, and technological developments in medical equipment, are fueling this need. Additionally, because of their greater longevity and improved hemodynamic results, stentless bioprostheses are predicted to gain popularity over conventional heart valves, which will be advantageous for the industry.
The first stentless bioprostheses were introduced in the 1980s and have since undergone significant technological advances. These devices are now made from a variety of materials, including animal tissues such as porcine or bovine pericardium, as well as synthetic materials like Dacron and Gore-Tex.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
LeMaitre Vascular, Inc., Medtronic, CryoLife, Inc., Braile Biomédica, Colibri Heart Valve, Edwards Lifesciences Corporation, LivaNova PLC, Meril Life Sciences Pvt. Ltd., Pulmonx Corporation, Abbott
Some Key Highlights From the Report
- Stentless Bioprostheses is a type of cardiac tissue valve which does not contain stents. It is an artificial device made up of biological material like porcine or bovine pericardial tissue, and is used in aortic valve replacement procedures. This technology has been around for more than two decades now and provides several advantages over its stented counterpart, such as better hemodynamic performance, improved patient comfort and recovery time, as well as decreased risk of post-operative complications.
- The companies are focusing on product launches, acquisitions and collaborations to gain competitive advantage in the market. For instance, in February 2019, Medtronic acquired Mazor Robotics Ltd., a medical device company operating in the spinal surgery industry. This acquisition is anticipated to enhance Medtronic’s presence in the global stentless bioprostheses market.
- Furthermore, increasing number of strategic partnerships and collaborations among companies is anticipated to drive the global stentless bioprostheses market during the forecast period. For instance, in April 2019, LivaNova PLC entered into a strategic partnership with Epicore to expand its product portfolio of cardiac valve therapies. This partnership is expected to enable LivaNova to gain significant share in the global stentless bioprostheses market.
Research Report on the Stentless Bioprostheses Market Addresses the Following Key Questions:
- Who are the dominant players of the Stentless Bioprostheses market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Stentless Bioprostheses market?
- What are the key growth drivers and restraining factors of the Stentless Bioprostheses market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Stentless Bioprostheses market and its key segments?
Emergen Research has segmented the global Stentless Bioprostheses market on the basis of type, type of care, and region
Segments Covered in this report are:
- Type Outlook (Revenue, USD Million; 2019–2030)
- Porcine tissue
- Bovine tissue
- Allograft (Homograft)
- Application Outlook (Revenue, USD Million; 2019–2030)
- Aortic valve replacement
- Bicuspid valve replacement
- Tricuspid valve replacement
- Pulmonary valve replacement
- Endobronchial valve replacement
- End-Use Outlook (Revenue, USD Million; 2019–2030)
- Ambulatory surgical centers
In conclusion, the Stentless Bioprostheses Market report is an exhaustive database that will help readers formulate lucrative strategies. The Stentless Bioprostheses Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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