North America Bovine Pericardial Valve Market
A bovine pericardial valve, also known as the bioprosthetic valve, is an artificial bioprosthetic cardiac valve with a three-cusp structure made from chemically treated bovine pericardium on a suitable framework of a metallic alloy such as a titanium frame which provides strength and elasticity. The pericardium is a double-layered, tough membrane that covers the heart. The porcine and bovine pericardium is harvested and processed as a biomaterial and used in various clinical applications. Bovine tissues are harvested from a sac surrounding the heart of a cow. Bovine pericardium valves are used as dural closure valves, bone, and dental membranes, surgical buttress, and bio-prosthetic heart valves.
Strategic insights for the North America Bovine Pericardial Valve provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 798.81 Million |
| Market Size by 2027 | US$ 1,721.15 Million |
| Global CAGR (2019 - 2027) | 10.2% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Valve Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The geographic scope of the North America Bovine Pericardial Valve refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America bovine pericardial valve market is to reach US$ 1,721.15 million by 2027 from US$ 798.81 million in 2019. The market is anticipated to grow at a CAGR of 10.2% during 2019–2027. Factors such as increasing incidence of cardiovascular diseases (CVD) and congenital heart diseases (CHD) and advantages of tissue-based heart valves over mechanical valves are expected to boost the growth of the bovine pericardial valve market. However, the market is likely to get impacted by the risk factor such as limitations of the tissue-based valve during the forecast period.
In terms of valve-type, the aortic segment accounted for the largest share of the North America bovine pericardial valve market in 2019. Cobalt-chrome segment accounted for the largest share of the North America bovine pericardial valve market, by alloy, in 2019. In terms of end-user, the hospitals segment accounted for the largest share of the North America bovine pericardial valve market in 2019.
Several major primary and secondary sources associated with the North America bovine pericardial valve market report are the World Health Organization (WHO), Centers of Disease Control and Prevention (CDC), Texas Heart Institute (THI), US Census Data, World Bank and others.
The North America Bovine Pericardial Valve Market is valued at US$ 798.81 Million in 2019, it is projected to reach US$ 1,721.15 Million by 2027.
As per our report North America Bovine Pericardial Valve Market, the market size is valued at US$ 798.81 Million in 2019, projecting it to reach US$ 1,721.15 Million by 2027. This translates to a CAGR of approximately 10.2% during the forecast period.
The North America Bovine Pericardial Valve Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Bovine Pericardial Valve Market report:
The North America Bovine Pericardial Valve Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Bovine Pericardial Valve Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Bovine Pericardial Valve Market value chain can benefit from the information contained in a comprehensive market report.
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