Press release
Cardiac Valve Market Touch is expected to reach USD 9.28 Billion by 2032
The ๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ size was valued at US$ 2.16 Billion in 2024 and the Cardiac Valve revenue is expected to grow at 20% through 2025 to 2032, reaching nearly US$ 9.28 Billion.๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
An artificial heart valve, often referred to as a cardiac valve, is a one-way valve designed to replace defective native heart valves in patients. These devices are critical in ensuring unidirectional blood flow through the heart and into major arteries like the pulmonary artery and aorta. The human heart comprises four valves: the tricuspid, pulmonic, mitral, and aortic valves. Any dysfunction in these valves, such as stenosis or regurgitation, can severely impact the heart's performance, leading to complications like heart failure. The demand for cardiac valves has been propelled by advancements in medical technology and the growing prevalence of valvular heart diseases (VHD). Market players are focusing on offering tailored solutions based on type, end-user, and regional needs, as detailed in Stellar Marker Research's comprehensive market analysis.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.stellarmr.com/report/req_sample/Cardiac-Valve-Market/223
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ:
The global cardiac valve market is experiencing significant growth due to several key drivers. A primary factor is the rising prevalence of valvular heart diseases, such as aortic stenosis, which has high mortality rates, as highlighted in recent epidemiological studies. Technological advancements in transcatheter valve replacements and increased patient preference for minimally invasive procedures are also driving market expansion. Moreover, higher healthcare expenditure and improvements in medical infrastructure, especially in developed regions like North America, are fostering rapid adoption of advanced cardiac valve devices. These factors, combined with increasing awareness and accessibility of treatments, are expected to significantly boost the market during the forecast period.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
Vietnam's cardiac valve market is witnessing steady growth due to the increasing prevalence of VHD and rising healthcare investments. Government initiatives aimed at improving access to advanced cardiac treatments have created opportunities for companies like ๐๐๐ฐ๐๐ซ๐๐ฌ ๐๐ข๐๐๐ฌ๐๐ข๐๐ง๐๐๐ฌ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง and ๐๐๐๐ญ๐ซ๐จ๐ง๐ข๐ to expand their presence. Partnerships with local hospitals to establish transcatheter cardiac valve surgical centers have been a key trend in the country.
๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
Thailand is experiencing a surge in demand for transcatheter cardiac valves, fueled by a growing aging population and increasing awareness of minimally invasive procedures. ๐๐จ๐ฌ๐ญ๐จ๐ง ๐๐๐ข๐๐ง๐ญ๐ข๐๐ข๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง has been at the forefront of providing cutting-edge cardiac valve solutions in the region. The recent merger between ๐๐จ๐ฌ๐ญ๐จ๐ง ๐๐๐ข๐๐ง๐ญ๐ข๐๐ข๐ and a leading local healthcare provider highlights the consolidation trend aimed at strengthening market penetration.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.stellarmr.com/report/enquire_now/Cardiac-Valve-Market/223
๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea is leveraging its robust healthcare infrastructure to enhance the adoption of cardiac valve devices. The recent acquisition of a major South Korean medical device company by ๐๐๐ซ๐ฎ๐ฆ๐จ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง marks a significant consolidation move, aiming to boost R&D capabilities and local production. The South Korean market is expected to grow at a CAGR of 11.8%, driven by increased investments in healthcare technology.
๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐:
The US remains the largest market for cardiac valve devices, accounting for over 40% of the global market share. Rising FDA approvals for innovative transcatheter aortic valves, such as those developed by ๐๐๐ฐ๐๐ซ๐๐ฌ ๐๐ข๐๐๐ฌ๐๐ข๐๐ง๐๐๐ฌ, are driving market growth. Recent studies indicate a sharp increase in aortic valve replacements, with the US cardiac valve market forecasted to grow at a CAGR of 13.7%.
๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe's cardiac valve market is benefiting from robust investments in healthcare infrastructure and an aging population. Countries like Germany and France are leading in the adoption of advanced cardiac valve technologies. In a recent move, ๐๐ซ๐ฒ๐จ๐๐ข๐๐, ๐๐ง๐. acquired a European medical device company to strengthen its portfolio in transcatheter valves, reflecting the market's consolidation trend.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.stellarmr.com/report/req_sample/Cardiac-Valve-Market/223 ๏ปฟ
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ
๐๐๐ฐ๐๐ซ๐๐ฌ ๐๐ข๐๐๐ฌ๐๐ข๐๐ง๐๐๐ฌ announced FDA approval for its next-generation transcatheter aortic valve system, expanding its portfolio for high-risk patients.
๐๐จ๐ฌ๐ญ๐จ๐ง ๐๐๐ข๐๐ง๐ญ๐ข๐๐ข๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง introduced a new minimally invasive mitral valve repair device in Asia-Pacific, targeting intermediate-risk patients.
๐๐๐๐จ๐ญ๐ญ ๐๐๐๐จ๐ซ๐๐ญ๐จ๐ซ๐ข๐๐ฌ completed clinical trials for an innovative valve replacement product tailored to the Asian market, enhancing its regional competitiveness.
๐๐๐๐ญ๐ซ๐จ๐ง๐ข๐ invested in a joint venture in Thailand to improve local manufacturing capabilities and market access.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ:
by Type
Tissue Heart Valve
Transcatheter Heart Valve
Mechanical Heart Valve
By End-User
Hospitals
Specialty Clinics
Others
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.stellarmr.com/report/Cardiac-Valve-Market/223 ๏ปฟ๏ปฟ
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ซ๐๐ข๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Edwards Lifesciences Corporation
St. Jude Medical, Inc
LivaNova PLC
Symetis SA
Jenavalve Technology, Inc.
Colibri Heart Valve
CryoLife, Inc.
TTK Healthcare Limited
Lepu Medical Technology Co., Ltd.
Boston Scientific Corporation
Medtronic plc
Braile Biomรฉdica
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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