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

By Product;

Heart Valve Devices - Transcatheter Heart Valves and Surgical Heart Valves.

By Component;

Replacement Procedures - TAVR Procedures & Savr Procedures, Repair Procedures - Closure Procedures, Annuloplasty, Valvuloplasty and TMVR Procedures.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn139354833 Published Date: February, 2025 Updated Date: March, 2025

Introduction

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

In the year 2024, the Global Structural Heart Devices Market was valued at USD 8,488.56 million. The size of this market is expected to increase to USD 16,562.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.

The global structural heart devices market is experiencing significant growth, driven primarily by the high prevalence of structural heart diseases. A substantial portion of the population in the U.S. suffers from structural heart defects, highlighting the immense potential for these devices in addressing such conditions. Structural heart disease treatments encompass a wide range of percutaneous procedures for both acquired and congenital conditions, focusing on abnormalities in cardiac chambers, proximal great vessels, and heart valves.

A favorable reimbursement scenario in the U.S. is expected to further boost market growth, making advanced procedures like Transcatheter Aortic Valve Replacement (TAVR) more affordable. With the aging population increasingly covered by Medicare and Medicaid, the financial burden of healthcare is reduced, encouraging more individuals to seek these treatments. This favorable environment also positively impacts procedures such as Left Atrial Appendage Closure (LAAC), which help in reducing the risk of stroke among patients.

Major industry players are heavily investing in research and development to maintain competitiveness and introduce effective new products. Companies like Medtronic, Boston Scientific, Abbott, and Edwards Lifesciences are at the forefront, showcasing advancements in their cardiovascular offerings. The increasing incidence of structural heart diseases, particularly congenital ones, underscores the growing demand for innovative solutions such as tissue-enhanced aortic valves for structural repair. Technological advancements have significantly improved the performance of structural heart devices, leading to better patient outcomes, higher living standards, and increased life expectancy. Minimally invasive structural heart surgeries are preferred over traditional open-heart procedures due to their reduced invasiveness and enhanced recovery times.

  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 Component
    3. Market Snapshot, By Region
  4. Global Structural Heart Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. High Prevalence of Heart Diseases
        2. Aging Population
        3. Congenital Heart Defects
        4. Percutaneous Treatments
      2. Restraints
        1. Skilled Personnel Shortage
        2. Technological Limitations
        3. Long Approval Times
        4. Safety Concerns
      3. Opportunities
        1. Emerging Markets
        2. Government Initiatives
        3. Patient Awareness
        4. Minimally Invasive Procedures
    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 Structural Heart Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Heart Valve Devices
        1. Transcatheter Heart Valves
        2. Surgical Heart Valves
    2. Global Structural Heart Devices Market, By Component, 2021 - 2031 (USD Million)
      1. Replacement Procedures
        1. TAVR Procedures
        2. Savr Procedures
      2. Repair Procedures
        1. Closure Procedures
        2. Annuloplasty
        3. Valvuloplasty
        4. TMVR Procedures
    3. Global Structural Heart 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
        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. Boston Scientific Corporation
      2. Medtronic
      3. Edwards Lifesciences Corporation
      4. Abbott Laboratories
      5. ST. JUDE MEDICAL
      6. Biomerics
      7. Comed BV
      8. LivaNova PLC
      9. JenaValve Technology, Inc.
      10. CardioKinetix
  7. Analyst Views
  8. Future Outlook of the Market