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Revenue of Heart Valve Devices Market Estimated at 37.5 Bn by 2032 | Fact.MR

11-07-2022 05:03 AM CET | Health & Medicine

Press release from: fact.mr

Heart Valve Devices

Heart Valve Devices

The global heart valve devices market is likely to be valued at US$ 11.16 Billion in FY 2022, up from US$ 9.85 Billion in 2021. During the past year, the industry registered a Y-o-Y increase worth 13.3%. From 2022 to 2032, heart valve devices sales are poised to flourish at a CAGR of 13% to reach a value of US$ 37.5 Billion by the end of 2032.

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Demand for transcatheter heart valve devices will continue to thrive, with a documented CAGR of 13.1% during the 2015-2021 historical period of assessment, while demand for aortic valve biological healthcare devices proliferated at a rate of 13.4% during the same time period. The APAC will dominate the global market, registering a growth opportunity worth US$ 18.5 Billion from 2022 to 2032.

Overview of Global Heart Valve Devices Market

Heart valve devices are used for the treatment of a blockage in the heart valves, and implantation of these devices is one of the common procedures. Various structural heart valve equipment available in the market are mechanical heart valves, biological heart valves, and transcatheter heart valves. The global heart valve devices market is likely to grow at a steady growth rate during the forecast period, owing to an increase in heart valve surgeries across the world.

Key Developments in Global Heart Valve Devices Market

• In September 2021, Abbott announced the U.S. Food and Drug Administration (FDA) approval for Epic Plus and Epic Plus Supra Stented Tissue Valves to improve therapy options for people with aortic or mitral valve disease. These next-generation devices are built off Abbott's Epic surgical valve platform.
• In September 2020, Boston Scientific launched a new aortic valve system. This transcatheter aortic valve implantation (TAVI) is a new heart valve technology designed with many features to improve the older clinical performance of the Acurate neo platform.

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Key Companies Profiled :

• Edwards Lifesciences Corporation
• Braile Biomedica
• St. Jude Medical Inc.
• Medical Technology Est.
• Micro Interventional Devices Inc.
• Boston Scientific Corporation
• Liva Nova PLC
• Cryolife, Inc.
• Jena Valve Technology Inc.

Key Segments Covered in the Heart Valve Devices Industry Survey

• Heart Valve Devices by Type

o Mechanical Heart Valves
 Aortic Valve
 Mitral Valve

o Biological Heart Valve
 Aortic Valve
 Mitral Valve
 Pulmonary Valve
 Tricuspid Valve

o Transcatheter Valves
 Aortic Valve
 Mitral Valve
 Pulmonary Valve

• Heart Valve Devices by End User

o Heart Valves in Hospitals
o Heart Valves in Ambulatory Surgical Centers

• Heart Valve Devices by Region

o North America Heart Valve Devices Market
o Latin America Heart Valve Devices Market
o Europe Heart Valve Devices Market
o Asia Pacific Heart Valve Devices Market
o Middle East & Africa Heart Valve Devices Market

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Questionnaire answered in the Heart Valve Devices Market report include:

• How the market for Heart Valve Devices has grown?
• What is the present and future outlook of the global Heart Valve Devices on the basis of region?
• What are the challenges and opportunities for the Heart Valve Devices?
• Why the consumption of Heart Valve Devices highest in region?
• In which year segment is expected to overtake segment?

What makes Fact.MR report stand out from others?

• MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Heart Valve Devices market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
• Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Heart Valve Devices market, thus, making it different and special from other reports.
• Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
• Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Heart Valve Devices market and assists to create strategies to overcome the obstacles that may hinder the growth of the Heart Valve Devices market.
• Leverage: The Heart Valve Devices market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
• Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
• Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Heart Valve Devices market.

Table of Content

1. Preface

1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Heart Valve Devices Market

4. Market Overview

4.1. Introduction
4.1.1. Type Definition
4.1.2. Industry Evolution / Developments
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Longer life expectancy with growing aging population
4.2.1.2. High prevalence of heart valve diseases
Contd...

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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. We are committed to deliver insights that help businesses gain deeper understanding of their target markets. We understand that making sense of the vast labyrinth of data can be overwhelming for businesses. That's why focus on offering insights that can actually make a difference to bottom-lines.

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