News in brief - June 12, 2006
Research projects heart-valve market growth
Research projects heart-valve market growth
The U.S. heart valve industry could reach a value of $700 million by 2010 as new technology drives market growth, according to the Millennium Research Group, a health information company based in Waltham, Mass.
Percutaneous technology, such as mitral valve repair -- expected to be available in 2008 -- and aortic valve replacement -- expected in 2010 -- will expand the pool of eligible patients, analysts said. Those deemed unfit for surgery in the past might soon be candidates for the new technology.
"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," said David Gardner, a senior analyst with Millennium Research Group.
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