Market Brief: PBV Systems Fastest-Growing Segment In Global Surgical Heart Valve Management Market
The worldwide market for surgical heart valve products is expected to stay relatively flat, reaching $2bn in sales by 2023. The heart valve repair and replacement segments are expected to see small losses while the much smaller PBV systems market will grow at a CAGR of 12.7% by 2023, benefiting from a trend toward minimally invasive procedures.
Global sales for surgical heart valve management products are expected to stay relatively flat by 2023 while percutaneous balloon valvuloplasty (PBV) systems are expected to see double-digit growth, according to a new analysis from Informa's Meddevicetracker titled "Surgical Heart Valve Management Products."
Total worldwide heart valve management product sales are projected to decline at a compound annual growth rate (CAGR) of -0.2%...