United States Prosthetic Heart Valve Market 2025 | Growth Drivers, Key Players & Opportunities

Market Size and Growth

The Prosthetic Heart Valve Market is expected to grow at a CAGR of 10.8% during the forecast period (2024-2031).

Key Development:

United States: Recent Industry Developments

✅ In July 2025, Edwards Lifesciences announced FDA approval for its next-generation transcatheter aortic valve replacement (TAVR) system.The device aims to enhance durability and reduce complications, reinforcing Edwards' leadership in minimally invasive cardiac care.

✅ In June 2025, Abbott Laboratories invested $300 million to expand its structural heart device manufacturing facility in Minnesota.The expansion is designed to increase capacity for prosthetic heart valves and support global demand growth.

✅ In May 2025, Medtronic launched its latest Evolut FX+ transcatheter heart valve in the U.S. market.The valve features improved flexibility and delivery precision, enabling physicians to treat patients with greater accuracy and outcomes.

Japan: Recent Industry Developments

✅ In July 2025, Terumo Corporation initiated clinical trials for its newly developed sutureless prosthetic aortic valve in Tokyo hospitals.The device is designed to simplify implantation procedures and shorten recovery times for patients.

✅ In June 2025, Japan Lifeline Co. announced a strategic partnership with a European medtech firm to co-develop next-generation prosthetic valves.The collaboration aims to introduce advanced TAVR technologies tailored for the Japanese market.

✅ In May 2025, Nipro Corporation invested in expanding its R&D center in Osaka with a focus on structural heart solutions.The initiative includes the development of innovative prosthetic valve platforms to strengthen its cardiovascular portfolio.

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Prosthetic Heart Valves are artificial devices implanted to replace damaged or diseased heart valves, ensuring proper blood flow and heart function. Available as mechanical or bioprosthetic valves, they restore cardiac efficiency, reduce symptoms of valve disorders, and improve patient survival and quality of life.

Key Players:

=> Medtronic PLC, Edwards Lifesciences Corporation, Boston Scientific Corporation, Jude Medical Inc. (Abbott Laboratories), Symetis SA, Jenavalve Technology Inc, Cryolife Inc, TTK Healthcare Limited, Colibri Heart Valve LLC, Lepu Medical Technology Co. Ltd among others

Growth Forecast Projected:

The Global Prosthetic Heart Valve Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Prosthetic Heart Valve Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Product Type: Transcatheter Heart Valves, Mechanical Heart Valves, Tissue Heart Valves

➥ By End User: Hospitals, Ambulatory Surgical Centers, Cardiac Centers

Regional Analysis for Prosthetic Heart Valve Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Prosthetic Heart Valve producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Prosthetic Heart Valve revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the Prosthetic Heart Valve Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 10.8% during the forecast period from 2024 to 2031.

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