Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. Prosthetic heart valves are a device which mimics the function of human heart valves and have a passive mode of functioning; opening and closing of valves are responses to pressure and flow changes within the heart. GlobalData uses proprietary data and analytics to provide a comprehensive report on the prosthetic heart valves market in Brazil. Buy the latest report here.
In 2022, GlobalData’s Market Model methodology determined that the leading player in the prosthetic heart valves market in Brazil was Abbott Laboratories followed by Artivion, Edwards Lifesciences, Gyrus Capital, Lepu Medical Technology (Beijing), Medtronic and TTK Healthcare.
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.
Prosthetic Heart Valves are for the patients that have a heart valvular disease where they need their valve to be replaced. Prosthetic heart valve includes both Mechanical Heart Valves and Tissue or Biological Heart Valves. Mechanical heart valves are generally made of non–physiological materials with a mobile occluder, which is made of rigid materials. Tissue heart valve are a combination of tissue and synthetic biomaterials with the tissue itself being flexible.
The prosthetic heart valves market in Brazil 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 prosthetic heart valves in Brazil, buy the report here.