Cardiac Prosthetic Devices Market, By Product Type (Heart Valves (Mechanical Heart Valves, Tissue Heart Valves(Tissue Heart Valves and Stentless Tissue Valves) and Transcatheter Heart Valves), By End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Others (Academic & Research Institutes and Others)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Cardiac prosthetic devices include mechanical and tissue prosthetic heart valves, annuloplasty rings, pacemaker and defibrillator leads, tissue patches, artificial hearts, and ventricular assist devices. These are used to replace the heart's native valves that have been harmed or become ill. Over the forecast period, rising levels of hypertension are anticipated to fuel market expansion for cardiac prosthetic devices worldwide. The market is also expected to rise as a result of increased research and product introductions.
Market Dynamics
The key market players are focused on adopting various growth strategies such as product launches, partnerships, and others to strengthen their product portfolio and geographical presence in the market, which in turn is expected to drive the growth of the global cardiac prosthetics devices market over the forecast period. For instance, on June 8, 2023, Abbott, a medical device company, announced result data for MitraClip, which is a transcatheter edge-to-edge repair (TEER) device, and TriClip, a first-of-its-kind minimally invasive tricuspid heart valve repair device. The data reinforce the capabilities of the company's structural heart solutions for both mitral and tricuspid regurgitation (MR and TR) across a broad range of patient groups battling leaky heart valves.
Similarly, in October 2022, Ceryx Medical, a medical device company, in partnership with Osypka Medical, a medical device company, announced the development of a heart-pacing device for patients with heart failure and other cardiac conditions
Furthermore, in February 2022, Abbott, a medical device company, announced the launch of patient implants of a dual-chamber leadless pacemaker system as part of its AVEIR DR i2i pivotal clinical study. The implant of Abbott's investigational Aveir dual-chamber leadless pacemaker represents technological leadless pacing technology.
Key features of the study:
This report provides an in-depth analysis of the global cardiac prosthetics devices market and provides market size (US$ Billion) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cardiac prosthetics devices market based on the following parameters–Company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Abbott, Artivion, Inc., Medtronic, Boston Scientific Corporation, Edwards Lifesciences Corporation., Siemens Healthcare Private Limited, LivaNova PLC (sorin group), Asahi Kasei Corporation., OSYPKA MEDICAL, Lepu Medical, MicroPort Scientific Corporation., Vitatron, Koninklijke Philips N.V., Progetti srl and Shree Pacetronix Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global Cardiac Prosthetics Devices Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cardiac prosthetics devices market.
Detailed Segmentation:
Global Cardiac Prosthetic Devices Market, By Product Type:
Heart Valves
Mechanical Heart Valves
Tissue Heart Valves
Stented tissue valve
Stentless tissue valve
Transcatheter Heart Valves
Pacemaker
Implantable pacemakers
Single-Chamber Battery Pacemaker
Dual-Chamber Battery Pacemaker
Triple-Chamber Battery Pacemaker
External Pacemaker
Global Cardiac Prosthetic Devices Market, By End user:
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others (Academic & Research Institutes and Others)
Global Cardiac Prosthetic Devices Market, By Region:
North America
U.S.
Canada
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC
Israel
Rest of Middle East
Africa
South Africa
Central Africa
North Africa
Company Profiles
Abbott.
Artivion, Inc.
Medtronic
Boston Scientific Corporation
Edwards Lifesciences Corporation.
Siemens Healthcare Private Limited
LivaNova PLC (Sorin Group)
Asahi Kasei Corporation.
OSYPKA MEDICAL
Lepu Medical
MicroPort Scientific Corporation.
Vitatron
Koninklijke Philips N.V.,
Progetti srl
Shree Pacetronix Ltd.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By End user
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Recent Product Launches
Epidemiology
Merger, Acquisition, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis
Partnership Scenario
Brand and Pricing Analysis
Distributors Landscape
Overview on all types of heart valve and pacemakers
Porters Analysis
Technological Advancements
Key Developments
Market Trend
Future Prospective on growth and demand of Cardiac Prosthetics Devices
Top Market Players by Revenue
4. Global Cardiac Prosthetic Devices Market – COVID-19 Impact Analysis
Economic Impact
COVID-19 Epidemiology
Impact on Supply and Demand
5. Global Cardiac Prosthetic Devices Market, By Product Type, 2018 – 2030, (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018–2030
Segment Trends
Heart Valves
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
Segment Trends
Mechanical Heart Valves
Tissue Heart Valves
Stented tissue valve
Stentless tissue valve
Transcatheter Heart Valves
Pacemaker
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
Segment Trends
Implantable pacemakers
Single-Chamber Battery Pacemaker
Dual-Chamber Battery Pacemaker
Triple-Chamber Battery Pacemaker
External Pacemaker
6. Global Cardiac Prosthetic Devices Market, By End user, 2018 – 2030, (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018–2030
Segment Trends
Hospitals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
Specialty Clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
Ambulatory Surgical Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
Others (Academic & Research Institutes and Others)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
7. Global Cardiac Prosthetic Devices Market, By Region, 2018 – 2030, (US$ Billion)
Introduction
Market Share Analysis, By Region, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Regions, 2018–2030
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018 – 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country , 2018 - 2030, (US$ Billion)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018 – 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018– 2030, (US$ Billion)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018 – 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018– 2030, (US$ Billion)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018 – 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018– 2030, (US$ Billion)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018 – 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018– 2030, (US$ Billion)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018 – 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018– 2030, (US$ Billion)
North Africa
Central Africa
South Africa
8. Competitive Landscape
Abbott
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Artivion, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Medtronic
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Boston Scientific Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Edwards Lifesciences Corporation.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Siemens Healthcare Private Limited
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
LivaNova PLC (Sorin Group)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Asahi Kasei Corporation.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
OSYPKA MEDICAL
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Lepu Medical
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
MicroPort Scientific Corporation.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Vitatron
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Koninklijke Philips N.V.,
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Progetti srl
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Shree Pacetronix Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
9. Section
Research Methodology
About Us
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