Key Drivers and Opportunities in the Structural Heart Market: Insights into Trends and Growth
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What Long-Term Growth Rate is Expected for the Structural Heart Market Between 2025 and 2034?
The structural heart market has demonstrated strong growth in recent years. It is projected to grow from $14.9 billion in 2024 to $15.99 billion in 2025, with a CAGR of 7.3%. This expansion was driven by heightened awareness and screening efforts, supply chain resilience, increasing healthcare expenditures, market concentration, and growing awareness of cardiovascular diseases.
The structural heart market is expected to experience strong growth, reaching $22.43 billion in 2029 at a CAGR of 8.8%. This growth will be driven by rising demand for heart valve devices, an aging global population, an increasing burden of cardiovascular diseases, market segmentation, and regional market expansion. Major trends during this period include continuous product launches, technological advancements, economic recovery post-pandemic, regulatory changes, an increase in cardiovascular disease cases, and innovations in medical devices.
What Market Dynamics Are Playing a Key Role in Accelerating the Growth of the Market?
The growing prevalence of cardiovascular diseases is anticipated to boost the growth of the structural heart market going forward. Cardiovascular disorders encompass conditions affecting the heart and blood vessels, including coronary artery disease, heart failure, and stroke. The increasing incidence of cardiovascular disorders is primarily driven by an aging population, lifestyle changes, and rising obesity and diabetes rates. Structural heart devices provide diagnosis and treatment for heart anomalies through minimally invasive procedures, reducing the need for open-heart surgery. For instance, in August 2022, a report from the American College of Cardiology predicted that between 2025 and 2060, all four cardiovascular risk factors in the US would rise, with diabetes expected to increase by 39.3% to 55 million individuals. Therefore, the rising prevalence of cardiovascular disorders is driving the growth of the structural heart market.
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What Are the Key Firms That Are Driving Transformation in the Structural Heart Market?
Major companies operating in the structural heart market include:
• Abbott Laboratories_x000D_
• Medtronic plc_x000D_
• Boston Scientific Corporation_x000D_
• Edwards Lifesciences Corporation_x000D_
• Trane Technologies_x000D_
What Current Trends in the Structural Heart Market Should Industry Players Pay Attention To?
Technological advancements are a key trend in the structural heart market, with major players developing innovative solutions to strengthen their position. For instance, in February 2023, Eko Health, a US-based digital health company, introduced SENSORA, a non-invasive cardiac disease detection platform designed for primary care. SENSORA uses artificial intelligence to detect structural murmurs—key indicators of valvular heart disease—and integrates care pathway analytics software to provide insights into patient journeys. This solution helps improve decision-making, reduce delays in care, optimize operational efficiency, and enhance patient and physician experiences.
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What Are the Strategic Segments Comprising the Structural Heart Market and Their Growth Contributions?
The structural heart market covered in this report is segmented –
1) By Product: Occluders, Annuloplasty Rings, Heart Valve Balloons, Other Products
2) By Procedure: Heart Valve Stenosis, Heart Valve Regurgitation, Left Atrial Appendage Closure
3) By End Users: Hospitals, Ambulatory Surgical Centers, Cardiac Centers
Subsegments:
1) By Occluders: Atrial Septal Defect (ASD) Occluders, Patent Foramen Ovale (PFO) Occluders, Ventricular Septal Defect (VSD) Occluders
2) By Annuloplasty Rings: Rigid Annuloplasty Rings, Flexible Annuloplasty Rings, Adjustable Annuloplasty Rings
3) By Heart Valve Balloons: Balloon Expandable Heart Valve Systems, Valvuloplasty Balloons
4) By Other Products: Transcatheter Heart Valves, Structural Heart Imaging Devices, Delivery Systems For Structural Heart Procedures
What Regions Are Driving Expansion in the Structural Heart Market?
North America was the largest region in the structural heart market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the structural heart market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does the Definition of the Structural Heart Market Include?
Structural heart refers to a subspecialty within cardiology that focuses on the diagnosis and treatment of structural abnormalities or diseases of the heart, particularly those affecting the valves, chambers, and surrounding structures. It typically involves minimally invasive procedures performed in a catheterization laboratory rather than open-heart surgery.
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