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The Strongly Growing Chinese Heart Valve Market Has A Number Of Distinct Features That Will Challenge Competitors
Date:9/5/2013

me">Thomas Lee. "While 70 percent of procedures are for the aortic valve in the US, in China that number is only 40 percent. The high rates of mitral valve damage make those procedures considerably more common in China than elsewhere."

The Chinese heart valve market has still not seen China Food and Drug Administration (CFDA) approval for minimally invasive transcatheter aortic valves (TAVR or TAVI), which is seeing major uptake in mature markets. But it is anticipated that Edwards will gain approval for its Sapien XT valve later this year. If results are similar to those in other markets, the device will be used initially to grow the treatable patient population, but will eventually erode some of the surgical heart valve market. .

These results can be found in a new tracking study from MRG:  China Heart Valves Marketrack.  This study fields quarterly to 80 hospitals across 25 provinces, and tracks procedure growth, device market size, price per device and brand usage on a quarterly basis.

About Millennium Research Group
Millennium Research Group (www.MRG.net), a Decision Resources, Inc. company (www.DecisionResourcesInc.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

About Decision Resources, Inc.
Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources,
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SOURCE Millennium Research Group
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