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

By Technology;

Ballon Expanded Transcatheter Valve and Self-Expanded Transcatheter Valve.

By Application;

Transcatheter Aortic Valve, Transcatheter Pulmonary Valve, and Mammography Transcatheter Mitral Valve.

By End User;

Hospitals, Ambulatory Surgical Centers, Cardiac Catheterization Laboratory, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn648052558 Published Date: January, 2025 Updated Date: February, 2025

Introduction

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

In the year 2024, the Global Transcatheter Heart Valve Market was valued at USD 4,448.23 million. The size of this market is expected to increase to USD 10,820.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.5%.

The global transcatheter heart valve market has witnessed significant growth over recent years and is poised for further expansion. Transcatheter heart valve replacement (THVR) procedures have emerged as a less invasive alternative to traditional open-heart surgery for patients suffering from valvular heart diseases. This minimally invasive approach offers numerous benefits, including shorter recovery times, reduced hospital stays, and lower risk of complications, driving the demand for transcatheter heart valves.

One of the key factors fueling the growth of the transcatheter heart valve market is the rising prevalence of cardiovascular diseases worldwide. As the aging population increases and lifestyles become increasingly sedentary, the incidence of heart valve disorders such as aortic stenosis and mitral regurgitation is on the rise. This demographic trend, coupled with advances in medical technology and improved patient outcomes, has led to a surge in the adoption of transcatheter heart valve procedures.

Ongoing research and development activities aimed at enhancing the efficacy and safety of transcatheter heart valve products are contributing to market growth. Manufacturers are investing heavily in product innovation to introduce next-generation devices with improved durability, better functionality, and enhanced compatibility with varying anatomies. Additionally, expanding indications for transcatheter heart valve procedures, along with favorable reimbursement policies in many countries, are further driving market expansion.

The transcatheter heart valve market also faces challenges such as stringent regulatory requirements and high procedural costs. Despite these challenges, the market is expected to continue its upward trajectory, fueled by increasing awareness about minimally invasive treatment options among patients and healthcare providers alike. With ongoing technological advancements and a growing emphasis on personalized medicine, the transcatheter heart valve market is poised for continued growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Transcatheter Heart Valve Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population
        2. Technological Advancements
        3. Rising Cardiovascular Disease Prevalence
        4. Increasing Minimally Invasive Procedures
      2. Restraints
        1. High Procedure Costs
        2. Stringent Regulatory Requirements
        3. Limited Rembursement Policies
        4. Risk of Procedural Complications
      3. Opportunities
        1. Emerging Markets Expansion
        2. Product Innovation and Development
        3. Growing Healthcare Expenditure
        4. Rising Awareness About Heart Diseases
    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 Transcatheter Heart Valve Market, By Technology, 2021 - 2031 (USD Million)
      1. Ballon Expanded Transcatheter Valve
      2. Self-Expanded Transcatheter Valve
    2. Global Transcatheter Heart Valve Market, By Application, 2021 - 2031 (USD Million)
      1. Transcatheter Aortic Valve
      2. Transcatheter Pulmonary Valve
      3. Mammography Transcatheter Mitral Valve
    3. Global Transcatheter Heart Valve Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Cardiac Catheterization Laboratory
      4. Others
    4. Global Transcatheter Heart Valve 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. Edwards Lifesciences Corporation
      2. Medtronic plc
      3. Abbott Laboratories
      4. Boston Scientific Corporation
      5. LivaNova PLC
      6. CryoLife, Inc
      7. JenaValve Technology, Inc
      8. Braile Biomédica
      9. Colibri Heart Valve, LLC
      10. Venus Medtech (Hangzhou) Inc
  7. Analyst Views
  8. Future Outlook of the Market