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 Type;

Surgical Aortic Valve Replacement, Transcatheter Aortic Valve Replacement, Mitral Repair, and Left Atrial Appendage Closure

By Component;

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

By End Use;

Hospitals, Ambulatory Surgical Centers, Cardiac Catheterization Labs, and Others

By Geography;

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

Structural Heart Devices Market Overview

Structural Heart Devices Market (USD Million)

Structural Heart Devices Market was valued at USD 8,488.56 million in the year 2024. 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%.


Global Structural Heart Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.0 %
Market Size (2024)USD 8,488.56 Million
Market Size (2031)USD 16,562.86 Million
Market ConcentrationMedium
Report Pages300
8,488.56
2024
16,562.86
2031

Major Players

  • Boston Scientific Corporation
  • Medtronic
  • Edwards Lifesciences Corporation
  • Abbott Laboratories
  • ST. JUDE MEDICAL
  • Biomerics
  • Comed BV
  • LivaNova PLC
  • JenaValve Technology, Inc.
  • CardioKinetix

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Structural Heart Devices Market

Fragmented - Highly competitive market without dominant players


The Structural Heart Devices Market is witnessing robust growth, fueled by rising demand for minimally invasive cardiac procedures. With advancements in medical technology and increasing awareness among patients, the adoption of these devices has surged. Approximately 38% growth has been observed in the adoption of transcatheter-based technologies, highlighting their increasing preference over surgical alternatives. The trend is strongly aligned with the growing prevalence of cardiovascular conditions and the rising elderly population.

Technological Advancements Driving Growth
Significant improvements in device design and procedure safety have contributed to an estimated 42% rise in procedural success rates. Enhanced imaging systems and real-time monitoring have further enabled precise device placements, boosting confidence among healthcare professionals. The innovation cycle has accelerated, introducing next-generation devices that offer improved patient outcomes and reduced recovery times.

Rise in Minimally Invasive Procedures
A shift toward less invasive treatment approaches has led to a 36% increase in demand for catheter-based therapies. These procedures reduce hospitalization duration and are preferred due to their lower complication risks. Patient-centric care models and enhanced recovery programs are driving hospitals and clinics to integrate structural heart devices into their core cardiac treatment portfolios.

Growing Healthcare Investments
Escalating healthcare expenditures and targeted investments in cardiac care have spurred a 40% surge in clinical research and new device approvals. Funding directed toward early detection and advanced intervention technologies has fostered a favorable environment for innovation. Medical institutions are increasingly prioritizing infrastructure capable of supporting structural heart interventions.

Regulatory and Clinical Support
Regulatory agencies have streamlined approval processes, leading to a 45% improvement in the time-to-market for structural heart devices. Clinical societies have also released supportive guidelines encouraging the use of transcatheter and device-based solutions in cardiac therapies. This regulatory alignment and clinical backing are pivotal in accelerating market adoption and ensuring patient safety.

  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 Type
    3. Market Snapshot, By Component
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Structural Heart Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. High prevalence of heart diseases

        2. Rapidly aging global population

        3. Rising congenital heart defect cases

      2. Restraints
        1. Shortage of skilled healthcare personnel

        2. Existing technological limitations

        3. Lengthy regulatory approval times

      3. Opportunities
        1. Expansion across emerging markets

        2. Supportive government healthcare initiatives

        3. Increasing patient awareness levels

    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. Structural Heart Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Heart Valve Devices
        1. Transcatheter Heart Valves
        2. Surgical Heart Valves
    2. Structural Heart Devices Market, By Type, 2021 - 2031 (USD Million)
      1. Surgical Aortic Valve Replacement
      2. Transcatheter Aortic Valve Replacement
      3. Mitral Repair
      4. Left Atrial Appendage Closure
    3. 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
    4. Structural Heart Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Cardiac Catheterization Labs
      4. Others
    5. 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(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. 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