According to a study by the American Heart Association (AHA), around 5 million Americans are diagnosed with moderate or severe heart valve disease. The disease might affect single valve or combination among the four valves, the most commonly affected are aortic and mitral valves. If the condition is not diagnosed at right time or is left untreated, it further deteriorates the condition of heart leading to failure. The growth in prevalence of heart valve disease has been recently observed due to associated risk factors such as sedentary lifestyle, stress, irregular sleeping habits and rise in geriatric population. Increase in incidence of heart valve disease and advancement of technology are the key factors for growth of heart device market. Technological advancement in transcatheter aortic valve replacement or transcatheter mitral valve replacement is fuelling the demand of heart valve devices.
The report titled “Heart Valve Devices Market - Growth, Future Prospects and Competitive Analysis, 2017–2025” offers strategic insights into the overall heart valve devices market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on type of procedure and different geographies. The procedure types studied for analyzing the overall global heart valve devices market are majorly segmented into heart valve repair devices and heart valve replacement. Heart valve repair is further segmented into surgical heart valve repair devices, percutaneous balloon valvuloplasty devices and transcatheter heart valve repair devices. Heart valve replacement is segmented by type into mechanical valves, tissue/bioprosthetic valves and transcatheter heart valves/ percutaneous heart valves. It is further segmented into position by mitral valve replacement devices, aortic valve replacement devices and other position heart valve replacement devices.
Geographically, the global heart valve devices market is studied for the following regional markets:
Market size and forecast for these regional and country level markets are presented in this study for the period 2015-2025. Market growth rates for the forecast period 2017-2025 are also included in this report, considering 2016 as the base year. Further cross-sectional presented in terms of procedure type and constituent country level markets is also included in this section.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global heart valve devices market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global heart valve devices market. This report concludes with company profiles section that highlights major information about the key players engaged in the global heart valve devices market. In-depth competitive environment analysis and historical (2015) market size data are also provided in the report.
Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the heart valve devices market. The key players profiled in this report are Abbott Laboratories, Boston Scientific Corporation, Cryolife, Inc., Edwards Lifesciences LLC, On-X Life Technologies, Inc., LivaNova, Plc., Medtronic, Plc., Meril Life Sciences Pvt. Ltd., Micro Interventional Devices, Inc., Neovasc, Inc., Sorin Group, St.Jude Medical, Inc., TTK Healthcare Ltd and others.
Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
Chapter 2. Executive Summary
2.1. Global Heart Valve Devices Market Portraiture
2.1.1. Global Heart Valve Devices Market, by Procedure Type, 2016
2.1.2. Global Heart Valve Devices Market, by Geography, 2016
Chapter 3. Heart Valve Devices Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.4.1. Attractive Investment Proposition, by Geography
3.5. Competitive Landscape
3.5.1. Competitive Landscape, by Key Players, 2016
Chapter 4. Global Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
4.1. Overview
4.2. Attractive Investment Proposition: Global Heart Valve Devices Market, by Procedure Type
4.3. Top 3 countries
4.4. Heart Valve Repair
4.4.1. Surgical Heart Valve Repair Devices
4.4.2. Percutaneous Balloon Valvuloplasty Devices
4.4.3. Transcatheter Heart Valve Repair Devices
4.5. Heart Valve Replacement
4.5.1. By Type
4.5.1.1. Mechanical Valves
4.5.1.2. Tissue/Bioprosthetic Valves
4.5.1.3. Transcatheter Heart Valves/ Percutaneous Heart Valves
4.5.2. By Position
4.5.2.1. Mitral Valve Replacement Devices
4.5.2.2. Aortic Valve Replacement Devices
4.5.2.3. Other Position Heart Valve Replacement Devices
Chapter 5. Global Heart Valve Devices Market, by Geography, 2015 – 2025 (US$ Mn)
5.1. Overview
5.2. North America Heart Valve Devices Market Analysis, 2015 – 2025
5.2.1. North America Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
5.2.2. North America Heart Valve Devices Market, by Country, 2015 – 2025 (US$ Mn)
5.2.2.1. U.S.
5.2.2.1.1. U.S. Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.2.2.2. Canada
5.2.2.2.1. Canada. Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.3. Europe Heart Valve Devices Market Analysis, 2015 – 2025
5.3.1. Europe Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
5.3.2. Europe Heart Valve Devices Market, by Country, 2015 – 2025 (US$ Mn)
5.3.2.1. U.K.
5.3.2.1.1. U.K. Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.3.2.2. Germany
5.3.2.2.1. Germany Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.3.2.3. France
5.3.2.3.1. France Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.3.2.4. Spain
5.3.2.4.1. Spain. Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.3.2.5. Italy
5.3.2.5.1. Italy Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.3.2.6. Rest of Europe
5.3.2.6.1. Rest of Europe Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.4. Asia Pacific Heart Valve Devices Market Analysis, 2015 – 2025
5.4.1. Asia Pacific Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
5.4.2. Asia Pacific Heart Valve Devices Market, by Country, 2015 – 2025 (US$ Mn)
5.4.2.1. Japan
5.4.2.1.1. Japan. Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.4.2.2. China
5.4.2.2.1. China. Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.4.2.3. India
5.4.2.3.1. India Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.4.2.4. Rest of APAC
5.4.2.4.1. Rest of APAC Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.5. Latin America Heart Valve Devices Market Analysis, 2015 – 2025
5.5.1. Latin America Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
5.5.2. Latin America Heart Valve Devices Market, by Country, 2015 – 2025 (US$ Mn)
5.5.2.1. Brazil
5.5.2.1.1. Brazil Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.5.2.2. Mexico
5.5.2.2.1. Mexico Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.5.2.3. Rest of Latin America
5.5.2.3.1. Rest of America Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.6. Middle East & Africa (MEA) Heart Valve Devices Market Analysis, 2015 – 2025
5.6.1. MEA Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
5.6.2. MEA Heart Valve Devices Market, by Country, 2015 – 2025 (US$ Mn)
5.6.2.1. UAE
5.6.2.1.1. U.A.E. Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.6.2.2. Saudi Arabia
5.6.2.2.1. Saudi Arabia Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.6.2.3. South Africa
5.6.2.3.1. South Africa Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
5.6.2.4. Rest of MEA
5.6.2.4.1. Rest of MEA Heart Valve Devices Market, by Procedure Type, 2015-2025 (US$ Mn)
Chapter 6. Company Profiles
6.1. Abbott Laboratories, Inc.
6.1.1. Business Description
6.1.2. Financial Information (Subject to data availability)
6.1.3. Procedure Portfolio
6.1.4. Key Developments
6.2. Boston Scientific Corporation
6.3. Cryolife, Inc.
6.4. Edwards Lifesciences LLC
6.5. On-X Life Technologies, Inc.
6.6. LivaNova, Plc.
6.7. Medtronic, Plc.
6.8. Meril Life Sciences Pvt. Ltd.
6.9. Micro Interventional Devices, Inc.
6.10. Neovasc, Inc.
6.11. Sorin Group
6.12. St. Jude Medical, Inc.
6.13. TTK Healthcare Ltd
6.14. Other Notable Players
List Of Table :
TABLE 1 Global Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 2 North America Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 3 North America Heart Valve Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 4 U.S. Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 5 Canada Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 6 Europe Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 7 Europe Heart Valve Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 8 U.K. Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 9 Germany Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 10 France Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 11 Spain Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 12 Italy Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 13 Rest of Europe Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 14 Asia Pacific Heart Valve Devices Market, by Procedure Type, 2015 – 2025(US$ Mn)
TABLE 15 Asia Pacific Heart Valve Devices Market, by Country, 2015 – 2025(US$ Mn)
TABLE 16 Japan Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 17 China Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 18 Rest of APAC Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 19 Latin America Heart Valve Devices Market, by Procedure Type, 2015 – 2025(US$ Mn)
TABLE 20 Latin America Heart Valve Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 21 Brazil Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 22 Mexico Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 23 Rest of Latin America Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 24 Middle East and Africa Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 25 Middle East and Africa Heart Valve Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 26 U.A.E. Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 27 Saudi Arabia Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 28 South Africa Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 29 Rest of MEA Heart Valve Devices Market, by Procedure Type, 2015 – 2025 (US$ Mn)
TABLE 30 Abbott Laboratories, Inc.: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 31 Boston Scientific Corporation: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 32 Cryolife, Inc.: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 33 Edwards Lifesciences LLC: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 34 On-X Life Technologies, Inc.: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 35 LivaNova, Plc.: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 36 Medtronic, Plc.: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 37 Meril Life Sciences Pvt. Ltd.: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 38 Micro Interventional Devices, Inc.: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 39 Neovasc, Inc.: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 40 Sorin Group: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 41 St.Jude Medical, Inc.: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
TABLE 42 TTK Healthcare Ltd: Company Snapshot (Business Description, Financial Information, Procedure Portfolio, Key Developments)
List Of Figures :
FIG. 1 Heart Valve Devices: Market Segmentation
FIG. 2 Global Heart Valve Devices Market Share, by Procedure Type, 2016 (US$ Mn)
FIG. 3 Global Heart Valve Devices Market, by Geography, 2016 (Value %)
FIG. 4 Attractive Investment Proposition, by Geography
FIG. 5 Market Competition Landscape, by Key Players, 2016
FIG. 6 Global Surgical Heart Valve Repair Devices Market, 2015 – 2025 (US$ Mn)
FIG. 7 Global Percutaneous Balloon Valvuloplasty Devices Market, 2015 – 2025 (US$ Mn)
FIG. 8 Global Transcatheter Heart Valve Repair Devices Market, 2015 – 2025 (US$ Mn)
FIG. 9 Global Mechanical Heart Valve Replacement Market, 2015 – 2025 (US$ Mn)
FIG. 10 Global Tissue/Bioprosthetic Valves Replacement Market, 2015 – 2025 (US$ Mn)
FIG. 11 Global Transcatheter Heart Valves/ Percutaneous Heart Valves Replacement Market, 2015 – 2025 (US$ Mn)
FIG. 12 Global Mitral Valve Replacement Devices Market, 2015 – 2025 (US$ Mn)
FIG. 13 Global Aortic Valve Replacement Devices Market, 2015 – 2025 (US$ Mn)
FIG. 14 Global Other Position Heart Valve Replacement Devices Market, 2015 – 2025 (US$ Mn)
FIG. 15 U.S. Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 16 Canada Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 17 U.K. Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 18 Germany Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 19 France Heart Valve Devices Market, 2015-2025 (US$ Mn)
FIG. 20 Rest of Europe Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 21 Japan Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 22 China Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 23 India Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 24 Rest of Asia Pacific Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 25 Brazil Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 26 Mexico Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 27 Rest of Latin America Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 28 UAE Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 29 Saudi Arabia Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 30 South Africa Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
FIG. 31 Rest of Middle East and Africa Heart Valve Devices Market, 2015 – 2025 (US$ Mn)
Based on the type of procedure, the global heart valve devices market is segmented as follows:
Heart valves devices are used to treat blockage of the heart valves. The devices replace the diseased or damaged natural valves. Grafting of these devices is a common procedure as it helps in improving the survival rate and quality of life of patients. The most common type of valve used for replacement are mechanical valve, thus dominating the heart valve devices market. Mechanical heart valves due to their durability have contributed to increase in longevity and overall wellbeing. There is a paradigm shift being observed towards usage of transcatheter heart valve therapies due to preference for less invasive procedures. There is also increase in demand for bioprosthetic valve replacement techniques.
For the purpose of this study, the global heart valve devices market is geographically categorized into:
At present, North America occupies the largest share of global heart valve devices market followed by Europe. Rising prevalence of heart valve disease, advancement in technology, and growing demand for less invasive treatment are the key factors contributing to the growth of heart valve devices market for North America. U.S. is the leading market for heart valve devices in this region, thus dominating the market. Heart disease is a common cause of mortality in U.S., killing almost 600,000 Americans each year. Almost 5 million Americans are diagnosed with moderate or severe heart valve disease each year. With change in lifestyle associated with unhealthy food habits, increase in ageing population has led to upsurge in cardiovascular disease prevalent population in Europe. Cardiovascular disease is the leading cause of mortality in Europe. Around 50,000 valve replacement treatment procedure take place in Europe, further fueling the demand for heart valve devices. Asia Pacific is anticipated to be the fastest growing heart valve device market in the forecast period. Increase in geriatric population, increase in sedentary and unhealthy lifestyle, has led to rise in risk of cardiovascular disease in Asia Pacific region. Further improvement in healthcare infrastructure, increasing disposable income and medical tourism would boost the demand for heart valve devices in the reigon.
