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CARDIAC VALVULOTOME MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Cardiac Valvulotome Market, By Type (Expandable Cardiac Valvulotome and Over the Wire Cardiac Valvulotome)By Procedure Type (Valvulotomy, Mitral Valve Commissurotomy, and Others)By End User (Hospitals, Cardiac Surgery Centers, Ambulatory Surgical Centers, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Apr 2024
  • Code : CMI6879
  • Pages :162
  • Formats :
      Excel and PDF
  • Industry : Medical Devices
Ingographics Image

Global cardiac valvulotome market is estimated to be valued at USD 115.8 Mn in 2024 and is expected to exhibit a CAGR of 4.5% during the forecast period (2024-2031). Cardiac valvulotome is a medical device used in the correction of stenotic cardiac valves. It is a surgical tool inserted through small incisions made in the chest during open-heart surgery. The cardiac valvulotome consists of hollow shafts containing retractable cutting blades that are used to split and dilate narrowed heart valves. It helps restore normal blood flow by enlarging the valve opening. Cardiac valvular stenosis occurs due to the thickening and fusion of valve leaflets over time, restricting their movement and narrowing the passage of blood. Left untreated, it can lead to serious complications like pulmonary edema or heart failure. Cardiac valvulotomy employing a valvulotome is a standard surgical procedure to correct stenosis of the aortic and mitral valves. The valvulotome cuts through the thickened valve tissue, restoring the opening to its normal size. This minimally invasive technique has significantly improved outcomes for patients with severe valve narrowing.

Market Dynamics:

The global cardiac valvulotome market growth is driven by the rising geriatric population who are more prone to age-related valvular diseases. According to the WHO, the number of people aged 65 years and above is projected to reach 1.5 billion by 2050. Furthermore, growing prevalence of rheumatic heart disease in developing nations is also prompting the need for cardiac valvulotome procedures. However, the market growth can be restrained by the development of novel transcatheter valve replacement technologies that provide less invasive treatment options. Alternative procedures like balloon valvuloplasty present stiff competition to traditional cardiac valvulotomy. Nevertheless, valvulotomes continue to remain helpful for correcting mild to moderate valve stenosis. The market sees opportunities from increasing healthcare expenditure and accessibility of cardiac treatments in emerging economies.

Key Features of the Study:

  • This report provides in-depth analysis of the global cardiac valvulotome market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global cardiac valvulotome market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study includes LeMaitre, INVAMED, GeoSurgical, LimFlow, Inc., B. Braun SE, Teleflex Incorporated, StarFish Product Engineering Inc., Koven Technology Canada Inc., Andramed, Zgrum Medical, BD, PEAK SURGICAL, and Symmetry Surgical Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • Global cardiac valvulotome market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cardiac valvulotome market.

Detailed Segmentation-

  • Type:
    • Expandable Cardiac Valvulotome
    • Over the Wire Cardiac Valvulotome
  • Procedure Type:
    • Valvulotomy
    • Mitral Valve Commissurotomy
    • Others
  • End User:
    • Hospitals
    • Cardiac Surgery Centers
    • Ambulatory Surgical Centers
    • Others
  • Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Company Profiles:
    • LeMaitre 
    • INVAMED
    • GeoSurgical
    • LimFlow, Inc.
    • Braun SE
    • Teleflex Incorporated
    • StarFish Product Engineering Inc. 
    • Koven Technology Canada Inc.
    • Andramed
    • Zgrum Medical
    • BD
    • PEAK SURGICAL
    • Symmetry Surgical Inc.

Detailed Segmentation-

  • Type:
    • Expandable Cardiac Valvulotome
    • Over the Wire Cardiac Valvulotome
  • Procedure Type:
    • Valvulotomy
    • Mitral Valve Commissurotomy
    • Others
  • End User:
    • Hospitals
    • Cardiac Surgery Centers
    • Ambulatory Surgical Centers
    • Others
  • Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
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