Structural Heart Devices Market by Product (Heart Valve Devices (Transcatheter and Surgical), Occluders and Delivery Systems, Annuloplasty Rings, and Accessories), Procedure (Replacement and Repair) - Global Forecast to 2023

  • ID: 4618328
  • Report
  • Region: Global
  • 145 Pages
  • Markets and Markets
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The Global Structural Heart Devices Market is Projected to Reach USD 15.08 Billion by 2023 from USD 9.28 Billion in 2018, at a CAGR of 10.2%

FEATURED COMPANIES

  • Abbott
  • Braile Biomédica
  • Cryolife
  • Lepu Medical Technology
  • Livanova
  • Medtronic
  • MORE

“The structural heart devices market is projected to register a CAGR of 10.2% during the forecast period.”

The global structural heart devices market is projected to reach USD 15.08 billion by 2023 from USD 9.28 billion in 2018, at a CAGR of 10.2%. The rising prevalence of structural heart diseases, regulatory approvals for new and advanced structural heart devices, favorable reimbursement scenario for structural heart procedures & devices, and increasing awareness about structural heart diseases are the major factors driving the growth of the structural heart devices market.

“The replacement procedures segment is projected to register the highest CAGR during the forecast period.”

Based on procedure, the structural heart devices market is segmented replacement procedures and repair procedures. The replacement procedures segment is further segmented into TAVR procedures and SAVR procedures, while the repair procedures segment is subdivided into closure procedures, annuloplasty, valvuloplasty, and TMVR procedures. The replacement procedures segment is expected to register the highest CAGR during the forecast period. This can be attributed to the long-term durability of these procedures and the widespread preference for transcatheter replacement.

“Asia Pacific to witness the highest growth during the forecast period.”

The structural heart devices market in the Asia Pacific is projected to register the highest CAGR during the forecast period. Factors such as the rising geriatric population, favorable reimbursement scenario, increasing regulatory approvals, the presence of a large target patient population, increasing healthcare expenditure, implementation of government-funded insurance schemes, and the growing medical tourism industry in several APAC countries are expected to drive the growth of the Asia Pacific structural heart devices market.

Break of primary participants is mentioned below:

  • By Company Type: Tier 1 - 62%, Tier 2 - 28%, and Tier 3 - 10%
  • By Designation: C-level - 30%, Director Level - 13%, and Others - 57%
  • By Region: North America - 38%, Europe - 20%, Asia Pacific - 30%, and the RoW - 12%,

The major players operating in the structural heart devices market are Edwards Lifesciences Corporation (US), Medtronic plc (Ireland), Abbott (US), Boston Scientific Corporation (US), and LivaNova plc (UK).

Research Coverage:

The report analyzes the structural heart devices market and aims at estimating the market size and the future growth potential of this market based on various segments (such as product, procedure, and region). The report also includes an in-depth regulatory analysis for various regions across the globe and the competitive analysis of the key players in this market along with their company profiles, recent developments, and key strategies adopted by them to remain competitive in the market.

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them garner a greater share. Firms purchasing the report could use any one or a combination of the below-mentioned strategies.

This report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios offered by the top players in the global structural heart devices market. The report analyzes the global structural heart devices market, by product, procedure, and region.
  • Product Enhancement/Innovation: Detailed insights on the upcoming trends and new product launches in the global structural heart devices market
  • Market Development: Comprehensive information on the lucrative emerging markets, by product, procedure, and region
  • Market Diversification: Exhaustive information about new products, growing geographies, recent developments, and investments in the global structural heart devices market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and capabilities of leading players in the global structural heart devices market
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abbott
  • Braile Biomédica
  • Cryolife
  • Lepu Medical Technology
  • Livanova
  • Medtronic
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Data Estimation and Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Structural Heart Devices: Market Overview
4.2 Geographic Analysis: Structural Heart Devices Market, By Repair Procedures
4.3 Structural Heart Devices Market, By Procedure, 2018 vs 2023
4.4 Structural Heart Devices Market, By Product, 2018 vs 2023
4.5 Geographic Snapshot of the Structural Heart Devices Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Prevalence of Structural Heart Diseases
5.2.1.2 Regulatory Approvals of New and Advanced Structural Heart Devices
5.2.1.2.1 Product Approvals for Medtronic
5.2.1.2.2 Product Approvals for Edwards Lifesciences Corporation
5.2.1.2.3 Product Approvals for Abbott Laboratories
5.2.1.2.4 Product Approvals for Livanova
5.2.1.2.5 Product Approvals for Micro Interventional Devices
5.2.1.3 Favorable Reimbursement Scenario
5.2.1.4 Increasing Awareness About Structural Heart Diseases
5.2.2 Restraints
5.2.2.1 Low Affordability and Inaccessibility of Cardiac Surgeries in Developing Countries
5.2.3 Opportunities
5.2.3.1 Percutaneous Interventions, Approval of TAVR for Extended Indications
5.2.3.2 Emerging Countries
5.2.3.3 Emergence of Tissue-Engineered Heart Valves
5.2.4 Challenges
5.2.4.1 Dearth of Skilled Personnel

6 Structural Heart Devices Market, By Product
6.1 Introduction
6.2 Heart Valve Devices
6.2.1 Transcatheter Heart Valves
6.2.2 Surgical Heart Valves
6.2.2.1 Tissue Heart Valves
6.2.2.2 Mechanical Heart Valves
6.3 Occluders & Delivery Systems
6.4 Annuloplasty Rings
6.5 Accessories
6.6 Other Devices

7 Structural Heart Devices Market, By Procedure
7.1 Introduction
7.1.1 Replacement Procedures
7.1.1.1 TAVR Procedures
7.1.1.2 Savr Procedures
7.1.2 Repair Procedures
7.1.2.1 Closure Procedures
7.1.2.2 Annuloplasty
7.1.2.3 Valvuloplasty
7.1.2.4 TMVR Procedures

8 Structural Heart Devices Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 Italy
8.3.3 UK
8.3.4 France
8.3.5 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World

9 Competitive Landscape
9.1 Overview
9.2 Market Ranking Analysis of Key Players, 2017
9.3 Competitive Scenario
9.3.1 Product Launches and Approvals
9.3.2 Acquisitions
9.3.3 Expansions
9.3.4 Partnerships and Agreements

10 Company Profiles
10.1 Edwards Lifesciences Corporation
10.2 Medtronic
10.3 Abbott
10.4 Boston Scientific Corporation
10.5 Livanova
10.6 Lepu Medical Technology
10.7 Cryolife
10.8 Micro Interventional Devices
10.9 Braile Biomédica
10.10 TTK Healthcare (A TTK Group Company)

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Subscription Portal
11.3 Available Customizations
11.4 Related Reports
11.5 Author Details

List of Tables
Table 1 Structural Heart Device Market, By Product, 2016-2023 (USD Million)
Table 2 Structural Heart Device Market, By Region, 2016-2023 (USD Million)
Table 3 Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 4 Heart Valve Devices Market, By Region, 2016-2023 (USD Million)
Table 5 Transcatheter Heart Valves Market, By Region, 2016-2023 (USD Million)
Table 6 Surgical Heart Valves Market, By Region, 2016-2023 (USD Million)
Table 7 Occluders & Delivery Systems Market, By Region, 2016-2023 (USD Million)
Table 8 Annuloplasty Rings Market, By Region, 2016-2023 (USD Million)
Table 9 Structural Heart Device Accessories Market, By Region, 2016-2023 (USD Million)
Table 10 Other Structural Heart Device Market, By Region, 2016-2023 (USD Million)
Table 11 Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 12 Market, By Region, 2016-2023 (USD Million)
Table 13 Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 14 Market for Replacement Procedures, By Region, 2016-2023 (USD Million)
Table 15 Market for TAVR Procedures, By Region, 2016-2023 (USD Million)
Table 16 Market for Savr Procedures, By Region, 2016-2023 (USD Million)
Table 17 Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 18 Market for Repair Procedures, By Region, 2016-2023 (USD Million)
Table 19 Structural Heart Device Market for Closure Procedures, By Region, 2016-2023 (USD Million)
Table 20 Structural Heart Device Market for Annuloplasty, By Region, 2016-2023 (USD Million)
Table 21 Structural Heart Device Market for Valvuloplasty, By Region, 2016-2023 (USD Million)
Table 22 Structural Heart Device Market for TMVR Procedures, By Region, 2016-2023 (USD Million)
Table 23 Structural Heart Device Market, By Region, 2016-2023 (USD Million)
Table 24 North America: Structural Heart Device Market, By Country, 2016-2023 (USD Million)
Table 25 North America: Market, By Procedure, 2016-2023 (USD Million)
Table 26 North America: Market for Replacement Procedures, By Type , 2016-2023 (USD Million)
Table 27 North America: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 28 North America: Market, By Product, 2016-2023 (USD Million)
Table 29 North America: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 30 US: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 31 US: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 32 US: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 33 US: Market, By Product, 2016-2023 (USD Million)
Table 34 US: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 35 Canada: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 36 Canada: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 37 Canada: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 38 Canada: Market, By Product, 2016-2023 (USD Million)
Table 39 Canada: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 40 Europe: Structural Heart Device Market, By Country, 2016-2023 (USD Million)
Table 41 Europe: Market, By Procedure, 2016-2023 (USD Million)
Table 42 Europe: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 43 Europe: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 44 Europe: Market, By Product, 2016-2023 (USD Million)
Table 45 Europe: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 46 Germany: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 47 Germany: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 48 Germany: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 49 Germany: Market, By Product, 2016-2023 (USD Million)
Table 50 Germany: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 51 Italy: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 52 Italy: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 53 Italy: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 54 Italy: Market, By Product, 2016-2023 (USD Million)
Table 55 Italy: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 56 UK: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 57 UK: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 58 UK: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 59 UK: Market, By Product, 2016-2023 (USD Million)
Table 60 UK: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 61 France: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 62 France: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 63 France: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 64 France: Market, By Product, 2016-2023 (USD Million)
Table 65 France: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 66 RoE: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 67 RoE: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 68 RoE: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 69 RoE: Market, By Product, 2016-2023 (USD Million)
Table 70 RoE: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 71 Asia Pacific: Structural Heart Device Market, By Country, 2016-2023 (USD Million)
Table 72 Asia Pacific: Market, By Procedure, 2016-2023 (USD Million)
Table 73 Asia Pacific: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 74 Asia Pacific: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 75 Asia Pacific: Market, By Product, 2016-2023 (USD Million)
Table 76 Asia Pacific: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 77 Japan: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 78 Japan: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 79 Japan: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 80 Japan: Market, By Product, 2016-2023 (USD Million)
Table 81 Japan: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 82 China: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 83 China: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 84 China: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 85 China: Market, By Product, 2016-2023 (USD Million)
Table 86 China: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 87 India: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 88 India: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 89 India: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 90 India: Market, By Product, 2016-2023 (USD Million)
Table 91 India: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 92 Cost Comparison of Heart Valve Replacement Procedures in the US and Asian Countries (2016)
Table 93 RoAPAC: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 94 RoAPAC: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 95 RoAPAC: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 96 RoAPAC: Market, By Product, 2016-2023 (USD Million)
Table 97 RoAPAC: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 98 RoW: Structural Heart Device Market, By Procedure, 2016-2023 (USD Million)
Table 99 RoW: Market for Replacement Procedures, By Type, 2016-2023 (USD Million)
Table 100 RoW: Market for Repair Procedures, By Type, 2016-2023 (USD Million)
Table 101 RoW: Market, By Product, 2016-2023 (USD Million)
Table 102 RoW: Heart Valve Devices Market, By Type, 2016-2023 (USD Million)
Table 103 Product Launches and Approvals
Table 104 Acquisitions
Table 105 Expansions
Table 106 Partnerships and Agreements

List of Figures
Figure 1 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Research Design
Figure 5 Data Triangulation Methodology
Figure 6 Structural Heart Devices Market, By Product (2018-2023)
Figure 7 Structural Heart Devices Market, By Procedure, 2018 vs 2023
Figure 8 Geographical Snapshot of the Structural Heart Devices Market (2018-2023)
Figure 9 Rising Prevalence of Structural Heart Diseases to Drive Market Growth
Figure 10 Closure Procedures Segment to Account for the Largest Market Share in 2018
Figure 11 Replacement Procedures to Dominate the Structural Heart Devices Market in 2023
Figure 12 Heart Valve Devices Segment to Account for the Largest Market Share in 2018
Figure 13 APAC to Register the Highest CAGR in the Forecast Period
Figure 14 Drivers, Restraints, Opportunities, and Challenges
Figure 15 Heart Valve Devices to Witness the Highest Growth Rate During the Forecast Period
Figure 16 Surgical Heart Valves to Dominate the Heart Valve Devices Market During the Forecast Period
Figure 17 Replacement Procedures to Dominate the Structural Heart Devices Market in 2018
Figure 18 Transcatheter Aortic Valve Replacement to Register the Highest Growth Rate in the Forecast Period
Figure 19 TMVR Procedures to Register the Highest Growth Rate in the Structural Heart Devices Market for Repair Procedures
Figure 20 North America to Dominate the Structural Heart Device Market in 2018
Figure 21 North America: Structural Heart Device Market Snapshot
Figure 22 Europe: Structural Heart Device Market Snapshot
Figure 23 Asia Pacific: Structural Heart Device Market Snapshot
Figure 24 RoW: Structural Heart Device Market Snapshot
Figure 25 Edwards Lifesciences Led the Market in 2017
Figure 26 Key Developments of the Prominent Players in the Structural Heart Device Market (2016-2018)
Figure 27 Edwards Lifesciences Corporation: Company Snapshot
Figure 28 Medtronic: Company Snapshot
Figure 29 Abbott: Company Snapshot
Figure 30 Boston Scientific Corporation: Company Snapshot
Figure 31 Livanova: Company Snapshot
Figure 32 Lepu Medical Technology: Company Snapshot
Figure 33 Cryolife: Company Snapshot
Figure 34 TTK Healthcare Limited: Company Snapshot

Note: Product cover images may vary from those shown
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  • Abbott
  • Boston Scientific Corporation
  • Braile Biomédica
  • Cryolife
  • Edwards Lifesciences Corporation
  • Lepu Medical Technology
  • Livanova
  • Medtronic
  • Micro Interventional Devices
  • TTK Healthcare (A TTK Group Company)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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