Valued at $7,568.3 billion in 2019, the global aortic valve market is predicted generate a revenue of $29,146.9 million in 2030. Furthermore, as per P&S Intelligence, a market research firm based in India, the market is predicted to advance at a CAGR of 13.2% from 2020 to 2030. The increasing government initiatives being launched in many countries for raising public awareness about valve replacement and the rising incidence of valvular diseases are the major growth drivers of the market.

The soaring incidence of aortic regurgitation and aortic stenosis is the prominent factor causing the surge of the aortic valve market across the globe. RHD (rheumatic heart disease) is the leading cause of aortic regurgitation. As per the findings of the World Health Organization (WHO), around 2% of the people suffering from cardiovascular diseases all over the world have RHD. It basically means that nearly 33 million people in the entire world are suffering from RHD.

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