The Structural Heart Global Market Report 2023, provides comprehensive information on the structural heart market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Structural Heart Global Market Report 2023, the market size is expected to grow from $13.01 billion in 2022 to $14.13 billion in 2023 at a compound annual growth rate (CAGR) of 8.61%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of structural heart market is expected to reach $19.12 billion in 2027 at a CAGR of 7.85%.
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Technological advancement has emerged as a key trend gaining popularity in the structural heart market. Major market players operating in structural heart are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in February 2023, Eko Health, a US-based digital health company, launched the SENSORA cardiac disease detection platform for non-invasive heart disease detection to primary care. SENSORA features artificial intelligence that objectively identifies structural murmurs, a sign of valvular heart disease, and care pathway analytics software that provides downstream visibility and metrics of the patient journey through the healthcare system by capturing and analyzing heart sounds and electrical signals with its digital stethoscopes. It is intended to aid in key decision-making by detecting care gaps that may be translated into enhanced operational efficiency, such as reduced delays in care delivery, length of stay, and readmission rates, while also enhancing patient and physician satisfaction.
The structural heart market is segmented:
1) By Product: Occluders, Annuloplasty Rings, Heart Valve Balloons, Other Products
2) By Procedure: Heart Valve Stenosis, Heart Valve Regurgitation, Left Atrial Appendage Closure
3) By End Users: Hospitals, Ambulatory Surgical Centers, Cardiac Centers
North Americawas the largest region in the structural heart market in 2022.
The table of contents in TBRC’s structural heart market report includes:
1. Executive Summary
2. Structural Heart Market Characteristics
3. Structural Heart Market Trends And Strategies
4. Structural Heart Market – Macro Economic Scenario
5j. Impact Of High Inflation On Online Therapy Services Market
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31. Structural Heart Market Other Major And Innovative Companies
32. Global Structural Heart Market Competitive Benchmarking
33. Global Structural Heart Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Structural Heart Market
35. Structural Heart Market Future Outlook and Potential Analysis
36. Appendix
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