Press release
Strong Growth Ahead: Tissue Heart Valves Market Size To Grow At Arecord 2.7% Cagr By 2029
Tissue Heart Valves
How Big Is the Tissue Heart Valves Market Size Expected to Be by 2034?
The market size for tissue heart valves has been on a steady increase in the past years. From $1.48 billion in 2024, it is expected to reach $1.53 billion in 2025 with a compound annual growth rate (CAGR) set at 3.1%. Factors contributing to this progressive growth in the historic period include a rise in lifestyle diseases, escalating healthcare costs, a surge in the elderly demographic, an increase in cardiac and pathological disorders, and a upward trend in heart disease incidences.
In the coming years, the tissue heart valves market is anticipated to witness consistent growth, reaching $1.70 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 2.7%. This projected growth during the forecast period can be linked to the rising incidence of cardiovascular diseases, increasing preference for sutureless procedures, aging population, escalating demand for cardiovascular treatments, and growing healthcare investments. The significant trends expected during this period comprise of technological breakthroughs, innovative culture systems, rapid advancement in imaging technologies, progressive surgical techniques, and growth in emerging markets.
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What Are the Emerging Segments Within the Tissue Heart Valves Market?
The tissue heart valves market covered in this report is segmented -
1) By Type: Stented Tissue Heart Valves, Stentless Tissue Heart Valves
2) By Valve Type: Aortic, Mitral, Tricuspid, Pulmonary
3) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Stented Tissue Heart Valves: Bovine Pericardial Valves, Porcine Valves
2) By Stentless Tissue Heart Valves: Bovine Pericardial Stentless Valves, Homograft Valves
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What Long-Term Drivers Are Shaping Tissue Heart Valves Market Trends?
The growth of the tissue heart valves market is anticipated to escalate due to the mounting occurrence of cardiovascular diseases. This term, Cardiovascular diseases (CVDs), encompasses a variety of disorders impacting the heart and blood vessels, encompassing issues like heart attacks, strokes, and hypertension. Factors such as unhealthy habits, aging populations, a rise in risk factors, poor nutrition, lack of physical activity, smoking, stress and urbanization are primarily accountable for increasing CVDs cases. They contribute to a higher incidence of heart-related disorders worldwide. Tissue heart valves play a significant role in combating CVDs as they offer a biocompatible, enduring, and less thrombogenic alternative for patients in need of valve replacement. They improve the long-term cardiac function and decrease complications risk. A report released by the Heart Failure Society of America (HFSA), a US professional organization, in September 2024 pointed out that about 6.7 million Americans aged 20 and above are presently living with heart failure (HF). According to forecasts, this figure will surge to 8.7 million by 2030, 10.3 million by 2040, and 11.4 million by 2050 respectively. Hence, the tissue heart valve market's expansion is propelled by the escalating occurrence of cardiovascular diseases.
Who Are the Top Competitors in Key Tissue Heart Valves Market Segments?
Major companies operating in the tissue heart valves market are Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, Edwards Lifesciences Corporation, LivaNova PLC, Meril Life Sciences Pvt. Ltd., MicroPort Scientific Corporation, LifeNet Health Inc., TTK Healthcare Ltd., Braile Biomédica, On-X Life Technologies Inc., Anteris Technologies Ltd., Labcor Laboratórios Ltd., CARDION s.r.o., CryoLife Inc., Colibri Heart Valve LLC, Foldax Inc., Balance Medical Technologies Co. Ltd., MiCardia Corporation, Neovasc Inc.
What Trends Are Expected to Dominate the Tissue Heart Valves Market in the Next 5 Years?
Leading enterprises in the tissue heart valves market are concentrating their efforts on the development of innovative products like surgical aortic tissue valves to enhance the implant process's convenience and comprehensive patient care management. Surgical aortic tissue valves, which are heart valve prosthetics fabricated using biological tissue, are primarily used as a replacement for a diseased or damaged aortic valve during heart surgeries. To illustrate, Medtronic plc., based in Ireland, unveiled the Avalus Ultra valve in June 2024. This next-gen surgical aortic tissue valve is intended to streamline the implantation process and bolster long-term patient management. Leveraging a decade of clinical trials with the Avalus valve, this product features a slim valve profile, a ket*one (PEEK) basic framework providing consistent circularity, and an industry-topping Effective Orifice Area (EOA) to enhance blood flow. Additionally, the valve incorporates a radiopaque coil, ensuring its clear visibility during future valve-in-valve procedures, thereby promising long-term durability for patients diagnosed with aortic stenosis.
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Which Regions Are Becoming Hubs for Tissue Heart Valves Market Innovation?
North America was the largest region in the tissue heart valves market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tissue heart valves 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 Tissue Heart Valves Market?
2. What is the CAGR expected in the Tissue Heart Valves Market?
3. What Are the Key Innovations Transforming the Tissue Heart Valves Industry?
4. Which Region Is Leading the Tissue Heart Valves Market?
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