Quick Summary:
Dive into the dynamics of the Global Heart Valve Repair & Replacement Devices Market with our comprehensive market research report. With a recorded market size of USD 5.68 billion in 2022, accelerating to USD 6.14 billion in 2023, the potential for growth and profit in this segment is evident. Forecasted to reach USD 10.67 billion by 2030, it's clear that this industry is not just surviving, but thriving in today's competitive business environment.
Our report provides a granular analysis of market segmentation and coverage, detailed market statistics as well as insightful tools like the FPNV positioning matrix and market share analysis. This report categorizes the Global Heart Valve Repair & Replacement Devices Market to analyze trends and forecast revenues across several sub-markets including minimally invasive surgeries, open surgeries, and transcatheter surgeries. Whether you're interested in Heart Valve Repair Devices or Heart Valve Replacement Devices, our report breaks down each segment to provide the nuanced understanding required to make informed business decisions.
1h Free Analyst Time
The Global Heart Valve Repair & Replacement Devices Market size was estimated at USD 5.68 billion in 2022, USD 6.14 billion in 2023, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 8.18% to reach USD 10.67 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Heart Valve Repair & Replacement Devices Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
This research report categorizes the Global Heart Valve Repair & Replacement Devices Market in order to forecast the revenues and analyze trends in each of following sub-markets:- Based on Surgery, the market is studied across Minimally Invasive Surgeries, Open Surgeries, and Transcatheter Surgeries. The Minimally Invasive Surgeries is projected to witness significant market share during forecast period.
- Based on Product, the market is studied across Heart Valve Repair Devices and Heart Valve Replacement Devices. The Heart Valve Replacement Devices is further studied across Mechanical Heart Valve, Tissue Heart Valve, and Transcatheter Heart Valve. The Heart Valve Repair Devices is projected to witness significant market share during forecast period.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Global Heart Valve Repair & Replacement Devices Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global Heart Valve Repair & Replacement Devices Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Heart Valve Repair & Replacement Devices Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Heart Valve Repair & Replacement Devices Market?
- What is the competitive strategic window for opportunities in the Global Heart Valve Repair & Replacement Devices Market?
- What are the technology trends and regulatory frameworks in the Global Heart Valve Repair & Replacement Devices Market?
- What is the market share of the leading vendors in the Global Heart Valve Repair & Replacement Devices Market?
- What modes and strategic moves are considered suitable for entering the Global Heart Valve Repair & Replacement Devices Market?
Frequently Asked Questions about the Global Heart Valve Repair & Replacement Devices Market
What is the estimated value of the Global Heart Valve Repair & Replacement Devices Market?
What is the growth rate of the Global Heart Valve Repair & Replacement Devices Market?
What is the forecasted size of the Global Heart Valve Repair & Replacement Devices Market?
Who are the key companies in the Global Heart Valve Repair & Replacement Devices Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 180 |
| Published | July 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 6.14 Billion |
| Forecasted Market Value ( USD | $ 10.67 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Heart Valve Repair & Replacement Devices Market, by Surgery
7. Heart Valve Repair & Replacement Devices Market, by Product
8. Americas Heart Valve Repair & Replacement Devices Market
9. Asia-Pacific Heart Valve Repair & Replacement Devices Market
10. Europe, Middle East & Africa Heart Valve Repair & Replacement Devices Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix
List of Figures
List of Tables
Companies Mentioned
- Abbott Laboratories
- Aortech International PLC
- Artivion, Inc.
- Boston Scientific Corporation
- CryoLife, Inc.
- Edward Lifesciences Corporation
- JenaValve Technology, Inc.
- LivaNova PLC
- Medtronic PLC
- Meril Life Sciences Pvt. Ltd.
- Micro Interventional Devices
- NeoChord, Inc.
- On-X Life Technologies
- Pulmonx Corporation
- Valcare Medical
Methodology
LOADING...
