Global Aortic Valve Replacement Market Report and Forecast 2024-2032

Global Aortic Valve Replacement Market Outlook

The global aortic valve replacement market size was valued at USD 11.21 billion in 2023, driven by the increasing prevalence of valvular disorders across the globe. The market size is anticipated to grow at a CAGR of 12.1% during the forecast period of 2024-2032 to achieve a value of USD 31.23 billion by 2032.

Aortic Valve Replacement: Introduction

In the human heart, there are four valves that control the blood flow in the heart, one of which is aortic valve. Aortic valves also control blood flow in the heart. The left ventricle and the main artery of the body, also known as aorta, are separated by the aortic valve. As the main function of an aortic valve is to control the blood flow in human body, a damaged or disease influenced aortic valve might probably affect the usual blood flow patterns and make it harder for the heart to perform its job of sending blood throughout the human body. In such conditions where aortic valve does not work properly or at all, the aortic valve replacement or aortic valve repairing are the procedures which are suggested and performed by healthcare professionals on the patient’s heart to cure or treat the condition.

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Depending on the condition of the aortic valve, the healthcare professional may suggest getting it checked regularly but most of the times the condition requires frequent attention and treatment due to the severe issues in the aortic valve. These issues require instant attention such as surgical procedures that reduce the chances of the risks involved with the underlying condition, which includes high risks of getting a heart attack and stroke, among others. The major conditions that require instant treatment through aortic valve replacement or repairing include aortic valve regurgitation and aortic valve stenosis, among others.

Transcatheter aortic valve replacement (TAVR) is another key procedure which is performed to treat a condition called aortic stenosis. In this procedure, the damaged aortic valve is being replaced with an aortic valve which is made from animal tissues.

Global Aortic Valve Replacement Market Analysis

The dramatically increasing demand for TAVR is a major trend aiding the growth of the market. Consequently, the governments are putting in efforts and higher investments in the healthcare sector, significantly aiding the aortic valve replacement market development. The increasing research to develop cost-effective structural initiatives to address gaps in access to this crucial surgery is another key factor propelling the growth of the market. The increasing rates of valvular disorders, especially amongst the ageing population, are also providing a significant impetus to the market growth. The increasing technological advancement in the surgical procedure for aortic valve replacement is also influencing the market expansion.

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Global Aortic Valve Replacement Market Segmentations

Market Breakup by Product Type

• Valve Type 
  • Tissue/Biological 
  • Mechanical 
• Suture Type 
  • Sutured 
  • Sutureless 
• Sheet Hydrogel

Market Breakup by Procedure

• Minimally Invasive

• Transfemoral Aortic Valve Replacement (TF-AVR) 

• Transcatheter Aortic Valve Replacement (TAVR) 

• Open Surgery 

• Others

Market Breakup by End User

• Hospitals

• Ambulatory Surgical Centres 

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Aortic Valve Replacement Market Overview

The aortic valve replacement is a surgical process which is performed to treat diseased or malfunctioned aortic valve whose main function is to keep the blood flow under control. The global market for aortic valve replacement is growing significantly from the past few years and is expected to keep on growing in coming years as well due to the rising cases of heart diseases globally and lifestyle changes and unhealthy eating habits explicitly. The increasing prevalence of aortic stenosis is a major factor aiding the market growth.

The increasing numbers of heart surgeries worldwide are also contributing to the global aortic valve replacement market expansion. The increasing ageing population is also aiding the market growth as the ageing population is most prone to suffer from several kind of heart diseases. The increasing demand for transcatheter aortic valve replacement (TAVR) is equally intensifying the aortic valve replacement market growth.

Aortic Valve Replacement Market Share by Region

North America is leading the global market for aortic valve replacements owing to the developed healthcare sectors, equipped with all the latest technologies and surgeons. The availability of high-end equipment and devices to perform the procedure, along with robust healthcare infrastructure is a major factor supporting the growth of the market.

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Global Aortic Valve Replacement Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Medtronic Plc. 

• LivaNova PLC 

• CryoLife, Inc. 

• Edwards Lifesciences Corporation 

• Micro Interventional Devices 

• Meril Life Sciences Pvt. Ltd. 

• JenaValve Technology, Inc. 

• Auto Tissue Berlin GmbH 

• Abbott 

• TTK HealthCare

Key Highlights of the Report