Cardiac Valve Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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How has the cardiac valve market grown over the years?
Over the recent years, there has been a rapid growth in the cardiac valve market size. It is projected to expand from $10.89 billion in 2024 to $12.48 billion in 2025, experiencing a compound annual growth rate (CAGR) of 14.6%. The historical growth in this sector can be traced back to the rising geriatric population along with an associated increase in diseases related to the heart valve. Furthermore, growth has been fired by the increasing incidence of risk factors such as obesity and hypertension. Improved diagnostic and imaging technologies for heart valve diseases, educational campaigns and awareness about heart health and heart valve disease, as well as the emergence of minimally invasive procedures and transcatheter valve processes have also contributed to this development.
What Is the forecasted market size and growth rate for the cardiac valve market?
In the coming years, the cardiac valve market’s size is projected to experience speedy growth, reaching a total valuation of $21.26 billion in 2029 with a compound annual growth rate (CAGR) of 14.2%. This predicted growth within the forecasted period can be accredited to a surge in demand for bioengineered and tissue-engineered heart valves, an increasing aged population globally, the necessity for treatment for valve diseases, the use of telemedicine and remote patient monitoring for valve sufferers, the implementation of better surgical procedures and robotics-assisted valve operations, and the adoption of 3D printing for customized heart valve production. Important trends for the forecasted period include breakthroughs in valve replacement and repair methods, the application of artificial intelligence (AI) for identifying valve diseases and treatment planning, the uptake of 3D printing for bespoke heart valve production, advancements in valve replacement and repair methodologies, and the improvement of surgical procedures and robotics-assisted valve operations.
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What are the major factors driving growth in the cardiac valve market?
In the coming years, the cardiac valve market’s size is projected to experience speedy growth, reaching a total valuation of $21.26 billion in 2029 with a compound annual growth rate (CAGR) of 14.2%. This predicted growth within the forecasted period can be accredited to a surge in demand for bioengineered and tissue-engineered heart valves, an increasing aged population globally, the necessity for treatment for valve diseases, the use of telemedicine and remote patient monitoring for valve sufferers, the implementation of better surgical procedures and robotics-assisted valve operations, and the adoption of 3D printing for customized heart valve production. Important trends for the forecasted period include breakthroughs in valve replacement and repair methods, the application of artificial intelligence (AI) for identifying valve diseases and treatment planning, the uptake of 3D printing for bespoke heart valve production, advancements in valve replacement and repair methodologies, and the improvement of surgical procedures and robotics-assisted valve operations.
What key areas define the segmentation of the global cardiac valve Market?
The cardiac valve market covered in this report is segmented –
1) By Type: Tissue Heart Valves, Transcatheter Heart Valves, Mechanical Heart Valves, Other Types
2) By Position: Aortic Valve, Mitral Valve, Other Positions
3) By Treatment: Cardiac Valve Repair, Cardiac Valve Replacement
4) By End-Users: Hospital And Clinics, Specialty Centers, Cardiac Research Institute, Other End Users
Subsegments:
1) By Tissue Heart Valves: Bioprosthetic Valves (e.g., porcine, bovine), Homograft Valves
2) By Transcatheter Heart Valves: Transcatheter Aortic Valve Implantation (TAVI) Valves, Transcatheter Mitral Valve Repair Valves
3) By Mechanical Heart Valves: Tilting Disc Valves, Bileaflet Valves, Caged Ball Valves
4) By Other Types: Conduits, Stented vs. Stentless Valves
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What are the top market players propelling the growth of the cardiac valve industry?
Major companies operating in the cardiac valve market include Abbott Laboratories, Colibri Heart Valve LLC, TTK HealthCare Limited, Artivion Inc., Edwards Lifesciences Corporation, Boston Scientific Corporation, Jenavalve Technology Inc., CryoLife Inc., Lepu Medical Technology Co. Ltd., Braile Biomedical, Sorin Group, Micro Interventional Devices Inc., Medtronic Inc., Lepu Medical Technology, Edward Lifesciences Corporation, Xeltis AG, Meril Life Sciences Pvt. Ltd., Auto Tissue Berlin GmbH, On-X Life Technologies Inc., Thubrikar Aortic Valve Inc., LifeNet Health Inc.
What are the key trends shaping the future of the cardiac valve market?
The emergence of technological innovations in cardiac valves emerges as a significant trend in the cardiac valve market. As technology progresses, less invasive medical procedures for heart conditions are surfacing. Key businesses in the cardiac valve sector are focusing on technological advancements like neochordae implantation, annuloplasty ring, and robotic surgery to consolidate their hold on the market. These breakthrough technologies serve to shield patients from fatal conditions such as heart strokes and cardiac arrests. For example, in September 2022, Edwards, an American medical tech firm, introduced the Sapien 3 Ultra Resilia transcatheter heart valve featuring anti-calcification technology, designed to permanently block calcium binding sites in bioprosthetic valves.
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What regions are dominating the cardiac valve market growth?
North America was the largest region in the cardiac valve market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiac valve market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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