Middle East And Africa Prosthetic Heart Valves Market By Type (Mechanical Heart Valve, Tissue Heart Valve And Transcatheter Heart Valve), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

Middle East And Africa Prosthetic Heart Valves Market By Type (Mechanical Heart Valve, Tissue Heart Valve And Transcatheter Heart Valve), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

ID: 2607 | Pages: 133 | August 2017 | Region: Middle East and Africa


The Middle East and Africa Prosthetic Heart Valves Market was worth USD 0.34 billion in 2016 and estimated to be growing at a CAGR of 12.56%, to reach USD 0.62 billion by 2021. Almost 300,000 valve replacements are done worldwide in a year, which may be mechanical valves or bio prosthetic valves. A prosthetic heart valve is a device that is implanted in a patient suffering from valve failures in the heart or other heart diseases which put the patient at risk of heart failure. They are implanted both as a pre-emptive treatment and a reactive treatment. They may be used as both a method of prevention or a cure.

Artificial valves must be designed to perform all the functions of a normal native valve as well as withstand the adversities faced by introducing a foreign element into the body. Functions that the valve must perform include maintaining the unidirectional flow of blood in the body and proper opening and closing of the valves according to the body’s demand. Additionally, it must withstand the test of time as valve replacement on a regular basis is not feasible.

The rise of the Prosthetic Heart Valves market is mainly driven by the increasing aging population as well as the population affected by heart diseases. The technological advancements in the field, rise in prevalence of heart diseases due to changing lifestyles and ease of availability of medical centers performing open-heart surgery and awareness about heart diseases are other drivers of the market. However, the market growth is hampered by factors such as high cost of development, the lack of skilled professionals, reimbursement issues, post-treatment difficulties faced and strict government regulations.

The Middle-East & Africa Prosthetic Heart Valves market is broadly classified based on type into Mechanical Heart Valve, Tissue Heart Valve, and Transcatheter Heart Valve. Based on geography, the Middle-East & Africa market is analyzed under Middle-East and Africa. The Middle-East & African market is one of the smallest market players owing to the underdeveloped nature of many countries in the region. The main markets in the region include Saudi Arabia, UAE, Qatar and South Africa. The CAGR for the region is less than the global average mainly due to the lack of any noteworthy development in the field in African nations. In spite of the slow growth, the market is expected to prosper in the forecast years.

Several multinational companies operate in the prosthetic heart valve. The major market players in the Middle-East & Africa market include Corvia Medical, CardioKinetix, Biomerics LLC, Lepu Medical Technology, XELTIS BV, Comed BV, HLT, Meril Life Sciences, SYMETIS SA and Transcatheter Technologies GmbH.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Mechanical Heart Valve     

                                5.1.3 Tissue Heart Valve               

                                5.1.4 Transcatheter Heart Valve               

                                5.1.5  Y-o-Y Growth Analysis, By Type    

                                5.1.6  Market Attractiveness Analysis, By Type  

                                5.1.7  Market Share Analysis, By Type    

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                6.2 Middle-East                                

                6.3 Africa                            

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Corvia Medical                          

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 CardioKinetix                             

                8.3 Biomerics LLC                             

                8.4 Lepu Medical Technology                     

                8.5 XELTIS BV                    

                8.6 Comed BV                   

                8.7 Meril Life Sciences                   

                8.8 SYSMETIS SA                              

                8.9 HLT                 

                8.10 Transcatheter Technologies GmbH                

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Middle East & Africa Prosthetic Heart Valves Market By Type, From 2016-2021 ( USD Billion )
  2. Middle East & Africa Mechanical Heart Valves Market By Region, From 2016-2021 ( USD Billion )
  3. Middle East & Africa Tissue Heart Valves Market By Region, From 2016-2021 ( USD Billion )
  4. Middle East & Africa Transcatheter Heart Valves Market By Region, From 2016-2021 ( USD Billion )
  5. Middle East Prosthetic Heart Valves Market By Type, From 2016-2021 ( USD Billion )
  6. Africa Prosthetic Heart Valves Market By Type, From 2016-2021 ( USD Billion )
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