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Structural Heart Devices Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Structural Heart Devices Market
What Is the Expected Structural Heart Devices Market Size During the Forecast Period?
The structural heart devices market has grown substantially in recent years. It will increase from $10.41 billion in 2024 to $11.44 billion in 2025 at a CAGR of 9.9%. The growth can be attributed to the shift toward less invasive surgeries, the demand for minimally invasive devices, continuous training and education programs for healthcare professionals, higher healthcare expenditures, and an increasing preference for non-surgical treatments.
The structural heart devices market is expected to grow strongly, reaching $16.48 billion by 2029 with a CAGR of 9.6%. Factors behind this include a rising elderly population, increased heart health awareness, screening initiatives, favorable reimbursement systems, and prompt regulatory approvals. Trends include growth in transcatheter valve replacements, innovative devices with advanced materials, personalized treatment strategies, hybrid procedures, and remote monitoring integration.
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What Are the High-Growth Segments in the Structural Heart Devices Market?
The structural heart devices market covered in this report is segmented -
1) By Type: Heart Valve Devices, Annuloplasty Rings, Occluders, Delivery Systems
2) By Procedure: Replacement Procedures, Repair Procedures
3) By Indication: Atrial Septal Defect, Patent Foramen Ovale, Ventricular Septal Defect, Aortic Valve Stenosis, Other Indications
4) By Age Group: Pediatric, Adults
Subsegments:
1) By Heart Valve Devices: Transcatheter Heart Valves, Surgical Heart Valves, Annuloplasty Rings
2) By Annuloplasty Rings: Mitral Annuloplasty Rings, Aortic Annuloplasty Rings
3) By Occluders: Atrial Septal Defect (Asd) Occluders, Patent Foramen Ovale (Pfo) Occluders
4) By Delivery Systems: Balloon Delivery Systems, Catheter-Based Delivery Systems
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What Key Drivers Are Expected to Influence Future Structural Heart Devices Market Growth?
The rising prevalence of cardiovascular diseases is expected to drive the growth of the structural heart device market. Cardiovascular diseases (CVDs) affect the heart and blood vessels, and their global prevalence is increasing due to factors like poor diet, obesity, smoking, and aging populations. Structural heart devices help treat these diseases by repairing heart valves and improving heart function. For instance, in the UK, about 7.6 million people suffer from heart and circulatory diseases, contributing to a high mortality rate. The increasing prevalence of CVDs is driving the growth of the structural heart device market.
Which Companies Hold the Largest Share Across Different Structural Heart Devices Market Segments?
Major companies operating in the structural heart devices market are Abbott Laboratories, Medtronic Plc, Boston Scientific Corporation, Terumo Corporation, Edwards Lifesciences Corporation, W. L. Gore & Associates Inc., Bracco Group, LivaNova PLC, Meril Life Sciences Pvt. Ltd., CryoLife Inc., Braile Biomédica, TTK Healthcare Limited, Direct Flow Medical Inc., JenaValve Technology Inc., Micro Interventional Devices Inc., CardioKinetix Inc., Xeltis AG, Ancora Heart Inc., JOMDD Inc., Valcare Medical, BioStable Science & Engineering Inc., Comed B.V., Transcatheter Technologies GmbH, Navilyst Medical Inc.
What Structural Heart Devices Market Trends Are Gaining Traction Across Different Segments?
Leading companies in the structural heart devices market are creating minimally invasive treatment procedures and devices to improve patient outcomes, reduce recovery times, and expand treatment options. A self-expanding transcatheter aortic valve implantation (TAVI) system is designed to deploy and secure a replacement valve within the native aortic valve anatomy without requiring balloon inflation. For instance, in December 2022, Abbott Laboratories, a US-based medical device company, introduced the Navitor TAVI system in India for patients with severe aortic stenosis at high surgical risk. The system features a unique design to prevent valve leakage, improving access for potential future coronary artery disease interventions and optimizing blood flow.
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What Are the Emerging Geographies for The Structural Heart Devices Market Growth?
North America was the largest region in the structural heart devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the structural heart devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Structural Heart Devices Market?
2. What is the CAGR expected in the Structural Heart Devices Market?
3. What Are the Key Innovations Transforming the Structural Heart Devices Industry?
4. Which Region Is Leading the Structural Heart Devices Market?
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