NEW YORK, Sept. 29, 2020 /PRNewswire/ — Muir Health says that valvular diseases, such as aortic stenosis, are detected in 1.5 million people in the U.S. every year. Therefore, due to the rising incidence of such valvular diseases, the global aortic valve market is predicted to witness a high CAGR of 13.2% between 2020 and 2030. At this rate, the industry size will increase from $7,568.3 million in 2019 to $29,146.9 million by 2030, according to the market research report published by P&S Intelligence.
Another such disease, the rising prevalence of which is driving the aortic valve market, is aortic regurgitation, as it requires valve replacement. The key reason behind the growing cases of such health conditions is the geriatric population, which is predicted to reach 1.5 billion by 2050, from 703 million in 2019, as per the UN. Further, rheumatic heart disease (RHD), which almost 33 million