Millennium Research Group, the global authority on medical technology market intelligence, finds that the U.S. heart valve device market will be valued at over $700 million by 2010. According to the new report entitled, US Markets for Heart Valve Devices 2006, percutaneous heart valve therapy technology is becoming one of the most intense areas of research in the cardiovascular device industry and will be a major driver of the heart valve device market.
"The emergence of novel heart valve technologies, including percutaneous mitral valve repair in 2008 and percutaneous aortic valve replacement in 2010, will drive market growth by enabling the treatment of patients previously deemed unfit for open-heart surgery," said David Gardner, a senior analyst with Millennium Research Group. "Due to the rising incidence of cardiovascular disease in the elderly population and the increasing acceptance of minimally invasive surgical techniques, the U.S. heart valve market will continue to see robust growth."
Millennium Research Group's US Markets for Heart Valve Devices 2006 report covers various key industry competitors, such as ATS Medical (ATSI), CarboMedics (a Sorin Group company), Edwards Lifesciences (EW), Medtronic (MDT), and St. Jude Medical (SJM).
About Heart Valves
Heart valve disease is a life-threatening illness affecting millions of individuals in the U.S. each year. While valve replacement continues to be the gold standard of treatment, valve repair, where possible, is becoming a preferred method of treatment for early intervention into valve disease because it preserves the native valve apparatus and improves a patient's long-term outcomes.
About Millennium Research Group
Millennium Research Group (http://www.mrg.net/) is a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.
All company, brand, or product names contained in this document may be trademarks or registered trademarks of their respective holders.
For more information, contact: Amy Krohn Millennium Research Group 416-364-7776 x101 firstname.lastname@example.org
SOURCE: Millennium Research Group
CONTACT: Amy Krohn of Millennium Research Group, +1-416-364-7776
ext. 101, email@example.com
Web site: http://www.mrg.net/