Global Heart Valve Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Mechanical Heart Valves - Aortic Valves, Mitral Valves, Biological Heart Valves - Aortic Valves, Mitral Valves, Pulmonary Valves, Tricuspid Valves, Transcatheter Heart Valves - Aortic Valves, Mitral Valves, and Pulmonary Valves.

By Procedure;

Replacement procedures- Surgical aortic valve replacement (SAVR), Transcatheter aortic valve replacement (TAVR), Transcatheter mitral valve replacement, Other replacement procedures - Repair procedures, Transcatheter mitral valve repair (TMVr), Transcatheter tricuspid valve repair, Valvuloplasty, and Other.

By End Users;

Hospitals and Ambulatory Surgical Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn829572168 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Heart Valve Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Heart Valve Devices Market was valued at USD 9,369.72 million. The size of this market is expected to increase to USD 21,717.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.8%.

The global heart valve devices market stands at the forefront of medical innovation, driven by the pressing need to address cardiovascular diseases, which remain a leading cause of mortality worldwide. With an aging population and lifestyle factors contributing to the rising incidence of heart valve disorders, the demand for advanced medical interventions is ever-increasing. This market encompasses a diverse array of technologies, ranging from traditional mechanical valves to cutting-edge transcatheter devices, each offering unique benefits and challenges in the treatment landscape.

Transcatheter heart valve replacement (TAVR) has emerged as a game-changer in the field, revolutionizing how patients with valvular diseases are managed. Offering minimally invasive alternatives to open-heart surgery, TAVR procedures have witnessed rapid adoption and continue to evolve with ongoing technological advancements. Moreover, the market is characterized by intense competition among key players striving to enhance product efficacy, improve patient outcomes, and expand market reach through strategic collaborations and regulatory approvals.

The global heart valve devices market is poised for further growth and innovation, fueled by ongoing research and development efforts aimed at addressing unmet clinical needs and enhancing treatment accessibility. With an emphasis on personalized medicine and the integration of digital health solutions, the market is set to witness transformative changes, promising new avenues for improving patient care and reshaping the cardiovascular treatment landscape. As healthcare systems worldwide strive to meet the growing demand for cardiovascular interventions, the heart valve devices market will continue to play a pivotal role in shaping the future of cardiac care.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Procedure
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Heart Valve Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging population
        2. Increasing prevalence of cardiovascular diseases
        3. Growing adoption of minimally invasive procedures
      2. Restraints
        1. High cost of heart valve devices
        2. Limited access to advanced healthcare infrastructure
        3. Risk of complications associated with procedures
      3. Opportunities
        1. Development of innovative products
        2. Focus on personalized medicine
        3. Integration of digital health solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Heart Valve Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Mechanical Heart Valves
        1. Aortic Valves
        2. Mitral Valves
      2. Biological Heart Valves
        1. Aortic Valves
        2. Mitral Valves
        3. Pulmonary Valves
        4. Tricuspid Valves
      3. Transcatheter Heart Valves
        1. Aortic Valves
        2. Mitral Valves
        3. Pulmonary Valves
    2. Global Heart Valve Devices Market, By Procedure, 2021 - 2031 (USD Million)
      1. Procedure
        1. Replacement procedures
        2. Surgical aortic valve replacement (SAVR)
        3. Transcatheter aortic valve replacement (TAVR)
        4. Transcatheter mitral valve replacement (TMVR)
        5. Other replacement procedures
      2. Repair procedures
        1. Transcatheter mitral valve repair (TMVr)
        2. Transcatheter tricuspid valve repair (TTVr)
        3. Valvuloplasty
        4. Other
    3. Global Heart Valve Devices Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
    4. Global Heart Valve Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott
      2. Boston Scientific Corporation
      3. CryoLife, Inc.
      4. Edward Lifesciences Corporation
      5. JenaValve Technology, Inc.
      6. Medtronic
      7. SYMETIS
      8. Neovasc, Inc.
      9. Sorin Group (LivaNova PLC)
      10. Micro Interventional Devices, Inc.
      11. XELTIS
      12. TTK HealthCare
      13. Lepu Medical Technology (Beijing) Co., Ltd. (Lepu Medical Group)
      14. Auto Tissue Berlin GmbH
      15. Novostia SA
  7. Analyst Views
  8. Future Outlook of the Market