Press release
Heart Valve Repair and Replacement Devices Market Size to Cross $12 Billion by 2023 – Arizton
The global heart valve repair and replacement devices market size is expected to generate revenues of over $12 billion by 2023, growing at an impressive CAGR of around 17% 2017–2023.The rising incidence of valvular heart diseases is augmenting the growth of the global heart valve repair and replacement market. According to the research analyst at Arizton, around 40%-60% of patients with severe cardiac conditions do not undergo treatment and surgeries due to lack of awareness about the disease condition, the high cost of treatment, and lack of skilled surgeons in the heart valve repair market.
The global heart valve repair and replacement devices market is driven by growing technological advancements, new product approvals, a growing elderly population, and improvements in reimbursement policies. The increasing adoption of transcatheter and other MI heart valve procedures will transform the global heart valve repair market. The market research report provides in-depth market analysis and segmental analysis of the global heart valve repair and replacement devices market by product, surgery type, end-user, and geography.
The report considers the present scenario of the global heart valve repair and replacement devices market and its market dynamics for the period 2018−2023. It covers five geographic regions (North America, Europe, APAC, Latin America, and MEA); end-users (Hospitals and ambulatory surgical centers); product type (heart valve repair and replacement devices); surgery type (Transcatheter, open, and minimally invasive heart valve repair and replacement procedures) under the study elaborating the present market scenario and discussing the futuristic demand of heart valve repair and replacement devices in the market. It also covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the heart valve repair market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global heart valve repair and replacement devices market.
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Heart Valve Repair and Replacement Devices Market – Vendor Profiles
Major Vendors
• Edwards Lifesciences
• Abbott
• LivaNova
• Medtronic
• Boston Scientific
Prominent Players
• Other Prominent Vendors
o Balton
o BD
o BioStable Science & Engineering
o Cardiac Dimensions
o CryoLife
o Lepu Medical Technology
o Micro Interventional Devices
o Mitralign
o NeoChord
o TORAY INDUSTRIES
o TTK Healthcare
o VENUS MEDTECH
• Investigational Companies
o Ancora Heart
o Cephea Valve Technologies
o Colibri Heart Valve
o JenaValve Technology
o Mardil Medical
o Millipede
o MVRx
o Valcare Medical
Heart Valve Repair and Replacement Devices Market – Segmentation
Market Segmentation by Product
• Heart Valve Repair Devices
o Surgical Heart Repair Devices
o Non-surgical Heart Repair Devices
• Heart Valve Replacement Devices
o Transcatheter Heart Valves
o Tissue Heart Valves
o Mechanical Heart Valves
Market Segmentation by Surgery
• Transcatheter Surgery
• Open Heart Surgery
• MI Heart Surgery
Market Segmentation by End-users
• Hospitals
• ASCs
Market Segmentation by Geography
• North America
o US
o Canada
• Europe
o Germany
o France
o UK
• APAC
o China
o Japan
• Latin America
• MEA
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Heart Valve Repair and Replacement Devices Market – Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Product Types
4.3.2 Market Segmentation by Surgery Type
4.3.3 Market Segmentation by End-users
4.3.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Heart valve repair
7.2.1 Surgical Valve Repair
7.2.2 Non-surgical Repair
7.3 Heart Valve replacement
7.3.1 Mechanical Valves
7.3.2 Tissue Valves
7.3.3 Transcatheter Valves
8 Heart Valve Repair and Replacement Devices Market Dynamics
8.1 Heart Valve Repair and Replacement Devices Market Growth Enablers
8.1.1 Growing Prevalence/Incidence of Valve Diseases
8.1.2 Growing Demand for Transcatheter Repair and Replacement Procedures
8.1.3 Rapid Advances and Improvements in Repair and Replacement Devices and Technology
8.1.4 New Product Approvals
8.1.5 YOY Impact of Market Growth Enablers
8.1.6 YOY Impact of Market Growth Enablers on Regions
8.2 Heart Valve Repair and Replacement Devices Market Growth Restraints
8.2.1 Stringent Government Regulations and Requirement of Rigorous Clinical Trials
8.2.2 Risks and Complications Associated with Repair and Replacement Procedures
8.2.3 High Cost of Repair and Replacement Procedures
8.2.4 Product Recalls
8.2.5 YOY Impact of Market Growth Restraints
8.2.6 YOY Impact of Market Growth Restraints on Regions
8.3 Heart Valve Repair and Replacement Devices Market Opportunities & Trends
8.3.1 Robust Pipeline and Investigational Repair and Replacement Devices
8.3.2 Strategic Acquisitions
8.3.3 Advent of Transcatheter Mitral Valve Replacement Devices
8.3.4 Emergence of Next-generation Valve Replacement Devices
8.3.5 YOY Impact of Market Opportunities & Trends
8.3.6 YOY Impact of Market Opportunities & Trends in Regions
9 Global Heart Valve Repair and Replacement Devices Market
9.1 Heart Valve Repair and Replacement Devices Market Overview
9.2 Heart Valve Repair and Replacement Devices Market Size & Forecast
9.3 Porter’s Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 Heart Valve Repair and Replacement Devices Market by Product Types
10.1 Heart Valve Repair and Replacement Devices Market Overview
11 Global Valve Repair Devices Market
11.1 Market Overview
11.2 Market Size and Forecast
11.3 Global Surgical Valve Repair Devices Market
11.3.1 Market Overview
11.3.2 Market Size and Forecast
11.4 Global Non-surgical Valve Repair Devices Market
11.4.1 Market Overview
11.4.2 Market Size and Forecast
12 Global Valve Replacement Devices Market
12.1 Market Overview
12.2 Market Size and Forecast
12.3 Global Transcatheter Valves Market
12.3.1 Market Overview
12.3.2 Market Size and Forecast
12.4 Global Tissue Valves Market
12.4.1 Market Overview
12.4.2 Market Size and Forecast
12.5 Global Mechanical Valves Market
12.5.1 Market Overview
12.5.2 Market Size and Forecast
13 Heart Valve Repair and Replacement Devices Market by Surgery Type
13.1 Market Overview
13.2 Transcatheter Valve Repair and Replacement
13.2.1 Market Overview
13.2.2 Market Size & Forecast
13.3 Open Valve Repair and Replacement
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.4 Minimally Invasive Valve Repair and Replacement
13.4.1 Market Overview
13.4.2 Market Size & Forecast
14 Heart Valve Repair and Replacement Devices Market by End-User
14.1 Market Overview
14.2 Hospitals
14.2.1 Market Overview
14.2.2 Market Size and Forecast
14.3 ASCs
14.3.1 Market Overview
14.3.2 Market Size and Forecast
15 Heart Valve Repair and Replacement Devices Market By Geography
15.1 Heart Valve Repair and Replacement Devices Market Overview
16 North America
16.1 Market Overview
16.2 Market Size and Forecast
16.3 Key Countries
16.3.1 US: Market Size & Forecast
16.3.2 Canada: Heart Valve Repair and Replacement Devices Market
16.4 Key Market Trend, Enabler, & Restraint
17 Europe
17.1 Market Overview
17.2 Market Size and Forecast
17.3 Key Countries
17.3.1 Germany: Market Size & Forecast
17.3.2 France: Market Size & Forecast
17.3.3 UK: Market Size and Forecast
17.4 Key Market Trend, Enabler, & Restraint
18 APAC
18.1 Market Overview
18.2 Market Size and Forecast
18.3 Key Countries
18.3.1 Japan: Market Size & Forecast
18.3.2 China: Market Size & Forecast
18.4 Key Market Trend, Enabler, & Restraint
19 Latin America
19.1 Market Overview
19.2 Market Size and Forecast
19.3 Key Market Trend, Enabler, & Restraint
20 Middle-East and Africa
20.1 Market Overview
20.2 Market Size and Forecast
20.3 Key Market Trend, Enabler, & Restraint
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About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040/+1 302 469 0707
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