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Global Aortic Valve Replacement Devices Market Size, Share, Forecast: By Surgery Type: Open Surgery, Minimally Invasive Surgery; By Product Type: Transcatheter Aortic Valve, Sutureless Aortic Valve Replacement (SUAVR); By End User: Hospitals, Ambulatory Surgical Centres, Others; Regional Analysis; Supplier Landscape; 2024-2032
Aortic Valve Replacement Devices Market Share
Based on surgery type, minimally invasive surgery accounts for a significant share of the market
Minimally invasive aortic valve replacement surgeries are preferred by people and healthcare professionals as they prevent excess blood loss during the surgery, involve a lower risk of infection, and leave relatively fewer scars on the patient's body as they involve smaller chest incisions compared to open-heart surgery.
Minimally invasive heart surgeries are associated with benefits like a shorter hospital stay, and faster recovery, and are less painful than the traditional methods.
Open-heart aortic valve replacement surgeries are advisable for patients who need to undergo multiple coronary bypass processes or complex cardiovascular operations.
Based on product type, TAVR significantly contributes to the global aortic valve replacement devices market revenue
The enhanced safety and fast recovery times offered by TAVR (transcatheter aortic valve replacement) have boosted its utilisation as an effective treatment for severe aortic stenosis among geriatric patients. Innovations in the design of valve prosthesis and technological advancements in its haemodynamic performance, along with the availability of data based on trials to establish the efficacy of TAVR, are expected to widen the scope of TAVR in low-risk and immediate patient groups.
Aortic Valve Replacement Devices Market Report Snapshots
Aortic Valve Replacement Devices Market Size
Aortic Valve Replacement Devices Market Growth
Aortic Valve Replacement Devices Market Trends
Aortic Valve Replacement Devices Market Share
Aortic Valve Replacement Devices Companies
Aortic Valve Replacement Devices Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Aortic Valve Replacement Devices Market Overview
3.1 Global Aortic Valve Replacement Devices Market Historical Value (2017-2023)
3.2 Global Aortic Valve Replacement Devices Market Forecast Value (2024-2032)
4 Global Aortic Valve Replacement Devices Market Landscape
4.1 Global Aortic Valve Replacement Devices Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Aortic Valve Replacement Devices Product Landscape
4.2.1 Analysis by Surgery Type
4.2.2 Analysis by Product Type
5 Global Aortic Valve Replacement Devices Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Aortic Valve Replacement Devices Market Segmentation
6.1 Global Aortic Valve Replacement Devices Market by Surgery Type
6.1.1 Market Overview
6.1.2 Open Surgery
6.1.3 Minimally Invasive Surgery
6.2 Global Aortic Valve Replacement Devices Market by Product Type
6.2.1 Market Overview
6.2.2 Transcatheter Aortic Valve
6.2.3 Sutureless Aortic Valve Replacement (SUAVR)
6.3 Global Aortic Valve Replacement Devices Market by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.3 Ambulatory Surgical Centres
6.3.4 Others
6.4 Global Aortic Valve Replacement Devices Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Aortic Valve Replacement Devices Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Aortic Valve Replacement Devices Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Aortic Valve Replacement Devices Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Aortic Valve Replacement Devices Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Aortic Valve Replacement Devices Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 Boston Scientific Corporation
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Corcym S.r.l
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Edwards Lifesciences Corporation
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Medtronic plc
17.4.1 Financial Analysis
17.4.2 Financial Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Artivion, Inc.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Abbott Laboratories
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Others
18 Global Aortic Valve Replacement Devices Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The market reached a value of USD 8.99 billion in 2023.
The market is estimated to witness a CAGR of 6.5% during the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 15.98 billion by 2032.
The surgical procedures include open surgery and minimally invasive surgery.
The key regional markets for aortic valve replacement devices are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The product types include transcatheter aortic valve and sutureless aortic valve replacement (SUAVR).
The key factors driving the market include increasing geriatric population, increased government funding, and improving healthcare infrastructure and services.
The key players in the market include Boston Scientific Corporation, Corcym S.r.l, Edwards Lifesciences Corporation, Medtronic plc, Artivion, Inc., and Abbott Laboratories, among others.
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