India Annuloplasty Rings Market 2023-2030

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    INDIA ANNULOPLASTY RINGS MARKET

      

    INTRODUCTION

    The heart valve is surrounded by a ring-shaped device during annuloplasty surgery. The ring may be made of plastic, metal, or mesh. The ring imitates the flexibility and motion of your heart valve.

     

    It assists the valve in correctly opening and closing and is fixed in place. Three groups of annuloplasty rings were identified: semirigid (S), flexible (F), and rigid (R). A leaky heart valve is treated with an annuloplasty.

     

    Doctor will apply a tiny ring to the leaky valve during annuloplasty. By strengthening or tightening the valve, the permanent ring. The procedure for doing an annuloplasty is frequently carried out minimally invasively.

     

    Any heart valve can undergo an annuloplasty from a medical professional. Annuloplasty procedures can be used to treat valve regurgitation, mitral valve repair, aortic valve repair, pulmonary valve repair, tricuspid valve repair. 

     

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    They can be flexible, stiff, or semi-rigid. They are covered with cloth-like material, polyester, or Dacron. Annuloplasty rings are available in a variety of sizes. The proper ring size is decided by the patient’s mitral valve measurements.

     

     The annuloplasty ring serves as a substitute for the diseased valve and assists in the appropriate functioning of the heart valve. The tissue that supports the heart valve at its opening might weaken or deteriorate as a result of normal ageing or illness.

      

    INDIA ANNULOPLASTY RINGS MARKET MARKET SIZE AND FORECAST

      

    The India Annuloplasty Rings Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030. 

      

    NEW PRODUCT LAUNCH

     

    Medtronic India Pvt. Ltd., based in Gurugram, Haryana, is a significant importer and supplier of medical equipment in India. Medtronic India Pvt. Ltd. is a recognized and reputable vendor of listed products on Trade India.

     

    Medtronic India Pvt. Ltd. has a reputable name in the market for high quality RF Ablation System, RF Ablation System & Switching Controller, Electrosurgical Generators & Monitors, and so on, thanks to their vast expertise in supplying and marketing RF Ablation System.

     

    Medtronic introduced a novel tricuspid ring for the treatment of tricuspid valve problems . The Contour 3D Annuloplasty Ring is a device that is used to restore normal valve function by changing the form and size of the native valve. 

      

    RECENT DEVELOPMENT AND INNOVATION

     

    S No Company Name Development
    1 Medtronic In order to treat tricuspid valve dysfunction, Medtronic has announced the global release and initial clinical application of the Tri-Ad(TM) Semi-Flexible Tricuspid Annuloplasty Ring. 

    The ring is made to move with the natural valve of a patient who has a sick valve to help return the valve to its regular size and shape. 

    Recently, the Tri-Ad ring acquired authorization for use in the United States and Europe, enhancing Medtronic’s line of surgical heart valve repair products.

    Serious tricuspid regurgitation (TR), which happens when the tricuspid valve leaflets fail to seal properly and permit blood to flow in the opposite way, is a complication of tricuspid dilatation, a disease that worsens over time. 

    In order to give support and reduce stress on the native annulus, where the valve might be strained and leak, surgeons often advise surgical repair with an annuloplasty ring or band for patients with considerable dilatation of the tricuspid annulus (or aperture).

    The Tri-Ad Semi-Flexible Tricuspid Annuloplasty Ring is an implantable annular ring that is partially flexible and partially semi-rigid. It was acquired when Medtronic acquired ATS Medical. 

    It is intended to repair the dilated and leaky area of the valve, maintaining the heart’s normal beating action. Both the FDA and the CE (Conformité Européenne) Mark were awarded to it.

     

    Medtronic India Pvt. Ltd are among the prominent names in the industry, engaged in importing and supplying Annuloplasty Ring in Gurgaon, Haryana, India. The Contour 3D annuloplasty ring is a three-dimensional, anatomically shaped remodeling ring for treatment of functional tricuspid valve disease.

     

    A remodeling ring with a three-dimensional, anatomical shape. The Contour 3D Annuloplasty Ring offers single-use and reusable sizers. Open design helps avoid interference with the heart’s conduction system and incorporates septal lateral compression to address annular dilation.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    • How many Annuloplasty Rings are manufactured per annum in India? Who are the sub-component suppliers in this region?
    • Cost breakup of a India Annuloplasty Rings and key vendor selection criteria
    • Where are the Annuloplasty Rings manufactured? What is the average margin per unit?
    • Market share of India Annuloplasty Rings market manufacturers and their upcoming products
    • Cost advantage for OEMs who manufacture India Annuloplasty Rings in-house
    • key predictions for next 5 years in India Annuloplasty Rings market
    • Average B-2-B Annuloplasty Rings market price in all segments
    • Latest trends in Annuloplasty Rings market, by every market segment
    • The market size (both volume and value) of the Annuloplasty Rings market in 2023-2030 and every year in between?
    • Production breakup of Annuloplasty Rings market, by suppliers and their OEM relationship
     
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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