- Replacement
- Aortic
- Mitral
- Others
- Repair
Heart Valves Market size was valued at USD 10.28 billion in 2023 and is poised to grow at a significant CAGR of 9.8% over 2024-2030. The global market for artificial heart valves comprises mechanical components, typically made of durable materials such as titanium or carbon. These valves are surgically implanted to replace damaged or diseased natural heart valves, restoring normal blood flow through the heart. A prominent trend in the mechanical heart valve market is the increasing adoption of transcatheter heart valve replacement (TAVR) procedures. TAVR is a minimally invasive technique that offers a less invasive alternative to open-heart surgery for valve replacement.
The growing preference for TAVR procedures is driven by shorter recovery times, reduced hospital stays, and lower risk of complications, thereby fueling the demand for mechanical heart valves compatible with this technique. An opportunity in the mechanical heart valve market lies in emerging economies due to the rising prevalence of cardiovascular drugs diseases and increasing demand for advanced cardiac care. Additionally, technological advancements such as the development of sutureless mechanical heart valves and the integration of bioengineering principles hold promise for improved valve durability, reduced complications, and enhanced patient outcomes, presenting further opportunities for market growth. The mechanical heart valve market is witnessing a trend towards transcatheter heart valve replacement procedures, while opportunities lie in emerging economies and technological advancements for enhanced valve performance.
Heart Valves Market Key Developments:
- In January 2023, Medtronic and Edwards Lifesciences announced a collaboration to develop and commercialize a new mechanical heart valve. The valve, which is still in development, is designed to be more durable and less likely to cause blood clots than traditional mechanical heart valves.
- In February 2023, Boston Scientific and JenaValve announced a collaboration to develop and commercialize a new mechanical heart valve. The valve, which is still in development, is designed to be easier to implant than traditional mechanical heart valves.
Global Heart Valves Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
9.8%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Heart Valves Market Dynamics
Burgeoning the prevalence of heart valve diseases is expected to increase revenue for the global mechanical heart valves market. The rising incidence of heart valve disorders, such as valvular stenosis and regurgitation, is driving the demand for mechanical heart valves as a treatment option. Factors contributing to the prevalence of these conditions include an aging population, lifestyle changes leading to an increased risk of cardiovascular diseases, and improved diagnostic capabilities. The growing patient pool requiring heart valve replacement surgeries fuels the demand for mechanical heart valves in the market
Asia-Pacific Got Significant Share Of
Heart Valves Market Regional Analysis
Asia Pacific dominates the global mechanical heart valves market with a high market share due to the Asia Pacific region experiencing a significant increase in the aging population, which is prone to cardiovascular diseases, including heart valve disorders. The rise in life expectancy, improved healthcare infrastructure, and advancements in medical treatments have contributed to a larger geriatric population. This demographic shift is driving the demand for mechanical heart valves as a treatment option, boosting the market growth in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Heart Valves Market Segmentation
By Product Type
By Valve Type
- Tissue Valve
- Mechanical valve
By Procedure
- Surgical
- Transcatheter
By End User
- Hospitals
- Specialty Clinics
- Others
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
Mechanical heart valves are artificial devices designed to replace damaged or diseased natural heart valves. They are typically composed of mechanical components made of durable materials such as titanium or carbon. These valves are surgically implanted to restore normal blood flow through the heart.
The heart valves are made of synthetic materials and are durable, long-lasting, and less prone to degeneration. They require lifelong anticoagulant therapy to prevent blood clots. On the other hand, biological heart valves are made from animal tissue or human cadaveric tissue. They do not require long-term anticoagulation but have a limited lifespan and may need to be replaced over time.
Key factors driving the growth of the heart valves market include the increasing prevalence of heart valve diseases, the aging population, technological advancements in valve design, and the rising demand for minimally invasive procedures. Additionally, the growing adoption of transcatheter heart valve replacement procedures and the need for long-lasting valve solutions contribute to market growth.
| 1.Executive Summary |
| 2.Global Heart Valves Market Introduction |
| 2.1.Global Heart Valves Market - Taxonomy |
| 2.2.Global Heart Valves Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Valve Type |
| 2.2.3.Procedure |
| 2.2.4.End User |
| 2.2.5.Region |
| 3.Global Heart Valves Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Heart Valves Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Heart Valves Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Replacement |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Repair |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Heart Valves Market By Valve Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Tissue Valve |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Mechanical valve |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Heart Valves Market By Procedure, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Surgical |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Transcatheter |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8.Global Heart Valves Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Hospitals |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Specialty Clinics |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Others |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Global Heart Valves Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Heart Valves Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Replacement |
| 10.1.2.Repair |
| 10.2. Valve Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Tissue Valve |
| 10.2.2.Mechanical valve |
| 10.3. Procedure Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Surgical |
| 10.3.2.Transcatheter |
| 10.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Hospitals |
| 10.4.2.Specialty Clinics |
| 10.4.3.Others |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Heart Valves Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Replacement |
| 11.1.2.Repair |
| 11.2. Valve Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Tissue Valve |
| 11.2.2.Mechanical valve |
| 11.3. Procedure Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Surgical |
| 11.3.2.Transcatheter |
| 11.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Hospitals |
| 11.4.2.Specialty Clinics |
| 11.4.3.Others |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 11.5.7. |
| 12.Asia Pacific (APAC) Heart Valves Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Replacement |
| 12.1.2.Repair |
| 12.2. Valve Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Tissue Valve |
| 12.2.2.Mechanical valve |
| 12.3. Procedure Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Surgical |
| 12.3.2.Transcatheter |
| 12.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Hospitals |
| 12.4.2.Specialty Clinics |
| 12.4.3.Others |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Heart Valves Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Replacement |
| 13.1.2.Repair |
| 13.2. Valve Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Tissue Valve |
| 13.2.2.Mechanical valve |
| 13.3. Procedure Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Surgical |
| 13.3.2.Transcatheter |
| 13.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Hospitals |
| 13.4.2.Specialty Clinics |
| 13.4.3.Others |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Heart Valves Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Replacement |
| 14.1.2.Repair |
| 14.2. Valve Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Tissue Valve |
| 14.2.2.Mechanical valve |
| 14.3. Procedure Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Surgical |
| 14.3.2.Transcatheter |
| 14.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Hospitals |
| 14.4.2.Specialty Clinics |
| 14.4.3.Others |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Edwards Lifesciences Corporation |
| 15.2.2.Abbott |
| 15.2.3.Medtronic |
| 15.2.4.LivaNova PLC |
| 15.2.5.Boston Scientific Corporation |
| 15.2.6.CryoLife, Inc. |
| 15.2.7.Micro Interventional Devices, Inc. |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- Edwards Lifesciences Corporation
- Abbott
- Medtronic
- LivaNova PLC
- Boston Scientific Corporation
- CryoLife, Inc.
- Micro Interventional Devices, Inc.