Cardiac Valve Market Emerging Trend, Demand, Opportunities, Challenges, Growth Opportunities, Key Driven Factors 2027

Tejender kumar

Market Analysis

The global cardiac valve market size is predicted to touch USD 13355.2 million at an 11.6% CAGR between 2019-2025, states the latest Market Research Future (MRFR) report. Cardiac valves are truly remarkable structures. Such tissue-paper thin membranes are fixed to the heart wall. They open and close constantly for regulating blood flow that causes the sound of the heartbeat. The heart comprises of four valves- tricuspid valve and mitral valve that control the flow of blood to the ventricles from the atria, and the pulmonary valve and aortic valve that controls the flow of blood out of the ventricles. There has been a lot of changing trends, especially in the aortic valve procedures, from mechanical prosthesis through stented bio-prosthesis to TAVI methods and more.

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Various factors are propelling the cardiac valve market growth. Such factors, as per the latest Market Research Future report, include increasing geriatric population, changing lifestyle, increasing incidence of cardiac diseases especially congenital heart defects (CHD), advancements in technology in cardiac valves devices, various developments in medical technology, excessive use of alcohol and tobacco, and adoption of deskbound lifestyle. Additional factors pushing the growth of the cardiac valve market include the rising prevalence of obesity and diabetes and a rising number of cardiac surgery.

On the contrary, the high price of treatment methods may deter the cardiac valve market growth during the forecast period.

Segmental Analysis

The analysis of the segments the cardiac valve market is segmented on the basis of types, diseases, treatment, region, and end-users. Based on the types, the cardiac valve market is segmented into tissue heart valve, trans-catheter heart valve, mechanical heart valve, and others. Based on the disease, the cardiac valve market is segmented into heart valve disease, aortic valve replacement, mitral valve stenosis, and others. The segmentation of the cardiac valve market on the basis of treatments comprises of valve repair, valve replacement, and others. The end-users based segmentation of the cardiac valve market consists of hospital & clinics, cardiac research institute, and others. On the basis of regions, the cardiac valve market is segmented into Africa, Europe, APAC, the Middle East, and the Americas.

 Competitive Analysis 

The government bodies are predicted to pitch in constructively to keep the markets going on the path of development. The revamp in market operations and the effect of lockdowns are anticipated to fuel the market's progress in the upcoming period. The balance between demand and supply forces should be stabilized to reap the benefits of the market's progress in the upcoming years. The creation of market niches or specialization is predicted to support the companies' progress who are operating in the global market. Additionally, the optimization of trade strategies and policies between different countries is estimated to affect the overall market expansion further. The deployment of virtual resources is estimated to bolster the overall market. The market is estimated to reverberate with the developments being initiated in the market. The contenders in the market are estimated to take on a proactive role in the progress of the global market. The focus on accelerating the returns from the capital devoted to innovation is observed to be amplified.

The renowned players in the cardiac valve market are Edwards Lifesciences Corporation (U.S.), St. Jude Medical, Inc. (an Abbott Laboratories Company) (U.S.), Colibri Heart Valve, LLC (U.S.), CryoLife, Inc. (U.S.), LivaNova PLC (U.K.), Symetis SA (Switzerland), Jenavalve Technology, Inc. (Germany), Boston Scientific Corporation (U.S.), TTK HealthCare (India), Lepu Medical Technology Co., Ltd. (China), Medtronic, and Braile Biomédica (Brazil)

Regional Analysis

By region, the cardiac valve market report covers the latest trends and growth opportunities across the Asia Pacific, the Americas, Europe, and the Middle East and Africa. Of these, the Americas will spearhead the market during the forecast period. The presence of a well-developed technology and an increase in cardiac patient population are factors that are adding to the market growth in the region.

The cardiac valve market in Europe will have the second-largest share in the market during the forecast period. Increasing investment in R&D activities to develop new treatment methods for different cardiac diseases, rising expenditure in the healthcare domain, and surplus demand for the latest treatments for vulvar heart diseases are adding to the market growth in the region.

The cardiac valve market in the APAC region will grow at the fastest pace during the forecast period for the increasing adoption of new technologies both in the diagnosis as well as treatment methods coupled with rising investments in the healthcare services.

The cardiac valve market in the MEA will have a small share during the forecast period owing to less technological development in the healthcare sector.

Key Players

Notable players profiled in the cardiac valve market report include Braile Biomédica (Brazil)Lepu Medical Technology Co., Ltd. (China), Colibri Heart Valve, LLC (US), TTK HealthCare (India), CryoLife, Inc. (US), Jenavalve Technology, Inc. (Germany), Symetis SA (Switzerland), LivaNova PLC (UK), St. Jude Medical, Inc. (an Abbott Laboratories Company) (US), Boston Scientific Corporation (US), Edwards Lifesciences Corporation (US), and Medtronic. Key players have adopted specific strategies to remain head and shoulders above others in the competition, such as mergers and acquisitions, research and development activities, collaborations, partnerships, product development, new product launches, and more.

Industry News

February 2019: CorMatrix Cardiovascular has recently launched a trial of Cor Tricuspid ECM cardiac valve, which is intended to treat pediatric patients having congenital heart valve disease and adults with endocarditis. This is the first-ever seamless ECM cardiac valve to receive approval by the FDA for feasibility and IDE safety clinical trial for pediatric and adult patient applications.

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Tejender kumar
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