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.

Heart valve surgery cardiology for patient in hospital. - Image

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% to $2.0bn in 2023, based primarily on competition from minimally invasive transcatheter products

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