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European Markets for Heart Valves
European markets for heart valves
Millennium Research Group, A Decision Resources, Inc. Company

In 2004, the European heart valve market, composed of mechanical valves, tissue valves, and valve repair annuloplasty devices, was valued at over $150 million, as displayed in Exhibit 6.35. Due to the increasing incidence of cardiovascular disease and the aging population, the heart valve market will generate nearly $260 million by 2009. In particular, the introduction of percutaneous heart valve therapy (PHVT) technologies in 2008 will drive both procedure and revenue growth in the latter years of the forecast period. Limiting growth will be the invasive nature of traditional surgical techniques, resulting in many patients being contraindicated for surgery.

In 2004, mechanical valves captured just under half of all heart ...

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