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Global Aortic Valve Replacement Market: By Product: Valve Type, Suture Type; By Procedure; By End Use: Hospitals, Ambulatory Surgical Centres, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Aortic Valve Replacement Market Outlook

The global aortic valve replacement market is expected to grow at a CAGR of 10.6% in the forecast period of 2021-2026.

 

Global Aortic Valve Replacement Market

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Increasing Demand in Hospitals to Augment the Aortic Valve Replacement Industry Growth

Based on end use, hospitals account for a significant share in the aortic valve replacement industry. The segment's dominance can be attributed to the increasing adoption of cutting-edge medical technology and facilities in hospitals. Moreover, the aortic valve replacement industry is growing due to hospitals' increasing efforts to offer the most up-to-date procedures and services to the public. This segment is expected to witness a rapid growth over the forecast period.

 

Europe to Provide Enhanced Growth Opportunities to the Aortic Valve Replacement Industry

Region-wise, Europe is expected to witness a robust growth over the forecast period. In terms of revenue, the region accounted for a significant share in the global aortic valve replacement industry in 2020. According to the European Heart Journal, aortic stenosis is the most common primary valve condition in Europe, requiring surgery or catheter intervention, with an increasing prevalence due to the ageing population. This is expected to aid the growth of the overall market.

 

Aortic Valve Replacement: Industry Definition and Segmentation

Aortic valve replacement is a process in which a patient's heart's failing aortic valve is replaced by an artificial heart valve.

 

Global Aortic Valve Replacement Market By End Use

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By product, the market is divided into:

  • Valve Type
  • Suture Type

While the valve type segment is further classified into tissue/biological and mechanical, the suture type segment is further segregated into sutured and sutureless, based on type.

Based on procedure, the industry can be segmented into:

  • Minimally Invasive
  • Transfemoral Aortic Valve Replacement (TF-AVR)
  • Transcatheter Aortic Valve Replacement (TAVR)
  • Open Surgery
  • Others

The market is divided based on end use into:

  • Hospitals
  • Ambulatory Surgical Centres
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Aortic Valve Replacement Market By Region

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Rising Prevalence of Cardiovascular Diseases to Bolster the Growth of the Aortic Valve Replacement Industry

Cardiovascular disorders caused an estimated 17.8 million deaths in 2017, according to the WHO. A blocked valve can cause strokes, heart attacks, congestive heart failure, and other problems. Tissue valve aortic valve replacements are procedures that replace a damaged valve with a prosthetic valve. Thus, the growing prevalence of cardiovascular diseases is the major factors driving the growth of the aortic valve replacement industry.

Over the forecast period, the favourable reimbursement scenario is expected to favour the industry growth. People's healthcare expenditures are growing, as is the prevalence of various kind of diseases. As a result, the general population is unable to pay most of the cost for health services out of their own pockets. Thus, the implementation of government programmes to assist the general population by paying a portion of their healthcare cost is expected to significantly contribute to the market growth in the forecast period.

 

Key Industry Players in the Global Aortic Valve Replacement Market

The report gives a detailed analysis of the following key players in the global aortic valve replacement market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Medtronic PLC
  • LivaNova PLC
  • CryoLife, Inc.
  • Edwards Lifesciences Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Procedure, End Use, Region
Breakup by Product Valve Type, Suture Type
Breakup by Procedure Minimally Invasive, Transfemoral Aortic Valve Replacement (TF-AVR), Transcatheter Aortic Valve Replacement (TAVR), Open Surgery, Others
Breakup by End Use Hospitals, Ambulatory Surgical Centres, Others
Breakup by Regions North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles-Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Medtronic Plc., LivaNova PLC, CryoLife, Inc., Edwards Lifesciences Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Aortic Valve Replacement Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Aortic Valve Replacement Historical Market (2016-2020) 
    8.3    Global Aortic Valve Replacement Market Forecast (2021-2026)
    8.4    Global Aortic Valve Replacement Market by Product
        8.4.1    Valve Type
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026) 
            8.4.1.4    Market by Type
                8.4.1.4.1    Tissue/Biological
                8.4.1.4.2    Mechanical
        8.4.2    Suture Type
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026) 
            8.4.2.4    Market by Type
                8.4.2.4.1    Sutured
                8.4.2.4.2    Sutureless
    8.5    Global Aortic Valve Replacement Market by Procedure
        8.5.1    Minimally Invasive
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Transfemoral Aortic Valve Replacement (TF-AVR)
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Transcatheter Aortic Valve Replacement (TAVR)
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Open Surgery
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Others
    8.6    Global Aortic Valve Replacement Market by End Use
        8.6.1    Hospitals
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Ambulatory Surgical Centres
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Others
    8.7    Global Aortic Valve Replacement Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Medtronic Plc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    LivaNova PLC
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    CryoLife, Inc.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Edwards Lifesciences Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Aortic Valve Replacement Market: Key Industry Highlights, 2016 and 2026
2.    Global Aortic Valve Replacement Historical Market: Breakup by Product (USD Million), 2016-2020
3.    Global Aortic Valve Replacement Market Forecast: Breakup by Product (USD Million), 2021-2026
4.    Global Aortic Valve Replacement Historical Market: Breakup by Procedure (USD Million), 2016-2020
5.    Global Aortic Valve Replacement Market Forecast: Breakup by Procedure (USD Million), 2021-2026
6.    Global Aortic Valve Replacement Historical Market: Breakup by End Use (USD Million), 2016-2020
7.    Global Aortic Valve Replacement Market Forecast: Breakup by End Use (USD Million), 2021-2026
8.    Global Aortic Valve Replacement Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Aortic Valve Replacement Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Aortic Valve Replacement Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Aortic Valve Replacement Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Aortic Valve Replacement Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Aortic Valve Replacement Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Aortic Valve Replacement Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Aortic Valve Replacement Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Aortic Valve Replacement Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Aortic Valve Replacement Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Aortic Valve Replacement Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Aortic Valve Replacement Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Global Aortic Valve Replacement Market Structure

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