Cardiovascular Devices are used in treating diseases related to the heart and the circulatory system. Cardiac Valve Repair Devices are used in the open-heart surgery to repair valvular dysfunction. GlobalData uses proprietary data and analytics to provide a comprehensive report on the cardiac valve repair devices market in Russia. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the cardiac valve repair devices market in Russia was Medtronic followed by Abbott Laboratories, Edwards Lifesciences, Corcym, B. Braun Melsungen, Becton Dickinson and Co. and Toray Medical.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Mitral and Aortic Valve Repair are covered under cardiac valve repair. Tricuspid Repair Devices are not included here. Annuloplasty is a technique used to repair an enlarged annulus; either a ring or a band is placed at the base of the heart valve. This Annuloplasty Device reduces the size of the valve opening and provides support to the valve, allowing it to close more tightly. Mitral Valve Annuloplasty Devices consist of annuloplasty rings and bands that are used in the repair of mitral valves. Balloon Valvuloplasty Devices consist of balloon catheters that are used to repair damaged aortic and mitral valves.
The cardiac valve repair devices market in Russia can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size cardiac valve repair devices in Russia, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
