Product ID: SQMIG35G2184
Report ID:
SQMIG35G2184 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
34 |
Figures:
74
Structural Heart Devices Market size was valued at USD 10.01 billion in 2021 and is poised to grow from USD 10.95 billion in 2022 to USD 22.64 billion by 2030, growing at a CAGR of 9.4% in the forecast period (2023-2030).
The global structural heart devices market is witnessing significant growth due to factors such as an increasing prevalence of structural heart diseases, advancements in minimally invasive procedures, and a growing geriatric population.
Additionally, the growing aging population and the rising prevalence of cardiovascular diseases are contributing to the demand for structural heart devices, further fueling the adoption of minimally invasive techniques.
The market is driven by a rising demand for innovative and technologically advanced devices, as well as increasing investments in research and development.
However, factors such as high costs associated with these devices and stringent regulatory requirements pose challenges to market growth. Nevertheless, the market is expected to witness continued expansion due to ongoing advancements in structural heart device technology and a growing focus on patient-centered care in the field of cardiology.
US Structural Heart Devices Market is poised to grow at a sustainable CAGR for the next forecast year.
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Product ID: SQMIG35G2184