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 the malfunctioning of valves. GlobalData uses proprietary data and analytics to provide a comprehensive report on the cardiac valve repair devices devices market, including market shares of different players within South Korea. Buy the latest report here.

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In 2022, GlobalData’s Market Model methodology determined that the leading player in the cardiac valve repair devices market in South Korea was Edwards Lifesciences followed by Abbott Laboratories, Medtronic and LivaNova.

Only mitral valve repair has been covered under this segment. Tricuspid and Aortic annuloplasty devices are not included here. Annuloplasty is a technique used to repair an enlarged annulus; either a ring or band is placed at the base of the heart valve. This annuloplasty device makes the opening of valve smaller and provides support to the valve so it can close more tightly. Mitral Valve Annuloplasty Devices consist of the annuloplasty rings and bands that are used in the repair of mitral valves.

Following the widespread disruption resulting from the COVID-19 pandemic to the broader medical devices market during 2020 and 2021, the value of the cardiac valve repair devices devices market within South Korea was expected to be over $4m in 2022.

For the latest complete market share analysis of cardiac valve repair devices device market in South Korea, 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. 

The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.