Medical Devices Industry News

The global  aortic valve market  is forecasted to attain revenue of $13.6 billion by 2025, according to P&S Market Research. The market is mainly driven by increasing prevalence of valvular diseases, increasing demand for minimally invasive surgeries (MISs), rise in number of clinical trials for heart valves, and introduction of advanced implants. The different types of valves available in the aortic valve market are transcatheter valves, sutureless valves and others. Among these, transcatheter valves attained the largest share of 58.8% in the market, in 2017. This leading position of the category is attributed to increasing initiatives for research activities for developing transcatheter valves and increasing number of clinical trials to study transcatheter valves. For instance, In December 2017,   Edwards Lifesciences Corporation announced new data demonstrating the economic advantages of the company’s SAPIEN 3 transcatheter aortic valve. On the bas...

The global hemodynamic monitoring systems market is growing due to technological advancement in hemodynamic monitoring systems, such as minimally invasive and noninvasive technologies. The minimally invasive and noninvasive technologies are preferred, in order to reduce infection associated diseases, decrease pain, and increase comfort of the patient. The massive unexplored market in the hemodynamic monitoring systems industry of the developing economies is creating abundant opportunities for the growth of the global hemodynamic monitoring systems market. Hemodynamic monitoring is the continuous movement of blood and pressure exerted in the veins, arteries, and heart. Hemodynamic monitoring systems are used to monitor oxygenation of tissue and organ, blood pressure, and cardiac output. It is also used to evaluate effectiveness of the cardiovascular function. These tests are performed to monitor loss of cardiac functions, such as cardiomyopathy, congestive heart failure and myoc...