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(Medical-NewsWire.com, January 16, 2018 ) The Global Prosthetic Heart Valves Market was worth USD 4.28 billion in 2016 and estimated to be growing at a CAGR of 12.9%, to reach USD 7.85 billion by 2021. The heart plays a vital role in the proper functioning of the human body by controlling the blood flow. There are mainly four main types of valves in the heart, namely tricuspid, pulmonary, mitral and aortic valves. A prosthetic heart valve is a device that is implanted in a patient suffering from valve failures in the heart or other heart diseases which puts the patient at risk of heart failure. They are implanted both as a pre-emptive treatment and a reactive treatment.
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Key Findings of the study:
� Global Prosthetic Heart Valves Market will reach USD 4.28 billion by 2021
� Savings associated with the use of Reprocessed SUDs, Positive environmental impact, and low barrier to entry are some of the factors driving this market. Protocols regarding the quality of reprocessed SUD, little to no regulation of SUD Reprocessing in Emerging countries, and a decrease in manufacturer profits are some of the major factors restricting the market.
� North America has the largest market because of higher quality of Reprocessed devices and stringent regulations on Reprocessed SUD. Europe, Asia-Pacific, and Middle East and Africa is projected to achieve significant growth in the reprocessed single use devices market due to cost effectiveness and safety acceptance of reprocessed single use device
.
� Some of the key players in this market are Hygia, Centurion Medical Products Corporation, Medline Renewal, Midwest Reprocessing Center, NEscientific, ReNu Medical, SterilMed, Stryker Sustainability Solutions, Inc., SureTek Medical and Vanguard AG etc.
Global Prosthetic Heart Valves Market Segmentation:
� By Class I Devices: Introduction, Sequential Compression Sleeves, Tourniquet Cuffs and Pulse Oximeter Sensors
� By Class II Devices: Microdebriders, Cautery Electrodes, Laparoscopic Graspers, Scissors, Forceps, Scalpels, Orthopedic blades, Drill Bits, External fixation clamps and Electrophysiological Cardiac Catheters
� By End User: Introduction and Hospitals
� By Geography: North America, Europe, APAC, Latin America and Middle East & Africa
� Key Players: Hygia, Centurion Medical Products Corporation, Medline Renewal, Midwest Reprocessing Center, NEscientific, ReNu Medical, SterilMed, Stryker Sustainability Solutions, Inc., SureTek Medical and Vanguard AG etc.
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Scope of the report:
� Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
� Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
� Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
� Study the micro environment factors that determine the overall profitability of an Industry, using Porter�s five forces analysis for analysing the level of competition and business strategy development
� A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
� Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
� An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
� Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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