Heart Valve Repair and Replacement Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Af

Heart Valve Repair and Replacement Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)


The Heart Valve Repair and Replacement Market is poised for unprecedented growth, expected to exceed US$ 18 billion by 2031, marking a Compound Annual Growth Rate (CAGR) of 12.0% from 2024 to 2031. This significant growth trajectory is attributed to the increasing prevalence of heart disorders globally, which necessitates advanced treatments and procedures, including heart valve repair and replacement.

Market Size and Growth Forecast:

In 2024, the market valued at US$ 8 billion, showcasing a vital component of the broader cardiovascular treatment sector with a 36.9% share in its parent market. The demand for heart valve repair and replacement has seen a marked increase, driven by a combination of escalating cardiac disease incidences and the advancement of minimally invasive surgical techniques.

Technological Advancements:

A key factor propelling the market forward is the rapid pace of technological innovation in medical devices and procedures. Manufacturers are at the forefront, introducing cutting-edge products that offer both efficacy and safety, significantly benefiting patients worldwide. These advancements, coupled with a growing preference for minimally invasive procedures, have broadened the market's scope, making advanced treatments accessible to a larger patient base.

Increased Prevalence of Cardiac Disorders:

The rising incidence of cardiovascular diseases, especially among the aging population, is a critical driver of the heart valve repair and replacement market. Conditions such as rheumatic heart disease and aortic stenosis have escalated the demand for sophisticated treatment options, thereby fueling market growth.

Enhanced Healthcare Systems:

The global healthcare landscape is undergoing rapid transformation, with a significant push towards adopting new technologies and improving patient care standards. Government initiatives and supportive policies, including reimbursement frameworks and insurance coverage, play a pivotal role in the market's expansion. These factors, combined with the increased use of data-driven technologies in designing and manufacturing heart valves, are set to propel the market forward.

Market Restraints:

Despite the optimistic outlook, the heart valve repair and replacement market faces challenges, primarily associated with the risks of heart valve replacement procedures. These include complications such as excessive bleeding, arrhythmias, and infections, which could hinder market growth. Moreover, the high cost of minimally invasive surgeries, compared to traditional invasive methods, poses an additional challenge.

Competitive Landscape:

The heart valve repair and replacement market is characterized by intense competition, with key players focusing on research and development to expand their product portfolios. The launch of technologically advanced, smarter heart valves is a testament to the industry's commitment to innovation, aiming to meet the evolving needs of patients and healthcare providers alike.

Key Companies Profiled
• Abbott
• Edwards Lifesciences Corporation
• Boston Scientific Corporation
• CryoLife, Inc.
• LivaNova PLC
• Colibri Heart Valve
• JenaValve Technology, Inc.
• Micro Interventional Devices, Inc.
• Braile Biomedica
• Arbor Surgical Technologies, Inc.
• Aortech International Plc

Heart Valve Repair Replacement Market Segmentation

Heart Valve Repair Replacement Market by By Product
• Heart Valve Repair
• Heart Valve Replacement
• Tissue Heart Valves
• Transcatheter Aortic Valve Implantation (TAVI)

Heart Valve Repair Replacement Market By Indication
• Aortic Stenosis
• Aortic Regurgitation
• Mitral Stenosis
• Mitral Regurgitation

Heart Valve Repair Replacement Market By End User
• Hospitals
• Ambulatory Surgical Centers
• Cardiac Catheterization Laboratories

Heart Valve Repair Replacement Market by Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa (MEA)

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1. Executive Summary
1.1. Global Heart Valve Repair Replacement Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Heart Valve Repair Replacement Market Outlook, 2018 - 2031
3.1. Global Heart Valve Repair Replacement Market Outlook, by Product, Value (US$ Bn), 2018 - 2031
3.1.1. Key Highlights
3.1.1.1. Heart Valve Repair
3.1.1.2. Heart Valve Replacement
3.1.1.3. Tissue Heart Valves
3.1.1.4. Transcatheter Aortic Valve Implantation (TAVI)
3.2. Global Heart Valve Repair Replacement Market Outlook, by Indication, Value (US$ Bn), 2018 - 2031
3.2.1. Key Highlights
3.2.1.1. Aortic Stenosis
3.2.1.2. Aortic Regurgitation
3.2.1.3. Mitral Stenosis
3.2.1.4. Mitral Regurgitation
3.3. Global Heart Valve Repair Replacement Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
3.3.1. Key Highlights
3.3.1.1. Hospitals
3.3.1.2. Ambulatory Surgical Centers
3.3.1.3. Cardiac Catheterization Laboratories
3.4. Global Heart Valve Repair Replacement Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
3.4.1. Key Highlights
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Asia Pacific
3.4.1.4. Latin America
3.4.1.5. Middle East & Africa
4. North America Heart Valve Repair Replacement Market Outlook, 2018 - 2031
4.1. North America Heart Valve Repair Replacement Market Outlook, by Product, Value (US$ Bn), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. Heart Valve Repair
4.1.1.2. Heart Valve Replacement
4.1.1.3. Tissue Heart Valves
4.1.1.4. Transcatheter Aortic Valve Implantation (TAVI)
4.2. North America Heart Valve Repair Replacement Market Outlook, by Indication, Value (US$ Bn), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. Aortic Stenosis
4.2.1.2. Aortic Regurgitation
4.2.1.3. Mitral Stenosis
4.2.1.4. Mitral Regurgitation
4.3. North America Heart Valve Repair Replacement Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
4.3.1. Key Highlights
4.3.1.1. Hospitals
4.3.1.2. Ambulatory Surgical Centers
4.3.1.3. Cardiac Catheterization Laboratories
4.4. North America Heart Valve Repair Replacement Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
4.4.1. Key Highlights
4.4.1.1. U.S. Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
4.4.1.2. U.S. Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
4.4.1.3. U.S. Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
4.4.1.4. Canada Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
4.4.1.5. Canada Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
4.4.1.6. Canada Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
4.4.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Heart Valve Repair Replacement Market Outlook, 2018 - 2031
5.1. Europe Heart Valve Repair Replacement Market Outlook, by Product, Value (US$ Bn), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. Heart Valve Repair
5.1.1.2. Heart Valve Replacement
5.1.1.3. Tissue Heart Valves
5.1.1.4. Transcatheter Aortic Valve Implantation (TAVI)
5.2. Europe Heart Valve Repair Replacement Market Outlook, by Indication, Value (US$ Bn), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Aortic Stenosis
5.2.1.2. Aortic Regurgitation
5.2.1.3. Mitral Stenosis
5.2.1.4. Mitral Regurgitation
5.3. Europe Heart Valve Repair Replacement Market Outlook, by End User, Value (US$Bn), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Hospitals
5.3.1.2. Ambulatory Surgical Centers
5.3.1.3. Cardiac Catheterization Laboratories
5.4. Europe Heart Valve Repair Replacement Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
5.4.1. Key Highlights
5.4.1.1. Germany Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
5.4.1.2. Germany Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
5.4.1.3. Germany Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
5.4.1.4. U.K. Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
5.4.1.5. U.K. Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
5.4.1.6. U.K. Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
5.4.1.7. France Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
5.4.1.8. France Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
5.4.1.9. France Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
5.4.1.10. Italy Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
5.4.1.11. Italy Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
5.4.1.12. Italy Heart Valve Repair Replacement Market End User, Value (US$Bn), 2018 - 2031
5.4.1.13. Turkey Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
5.4.1.14. Turkey Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
5.4.1.15. Turkey Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
5.4.1.16. Russia Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
5.4.1.17. Russia Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
5.4.1.18. Russia Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
5.4.1.19. Rest of Europe Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
5.4.1.20. Rest of Europe Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
5.4.1.21. Rest of Europe Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Heart Valve Repair Replacement Market Outlook, 2018 - 2031
6.1. Asia Pacific Heart Valve Repair Replacement Market Outlook, by Product, Value (US$ Bn), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. Heart Valve Repair
6.1.1.2. Heart Valve Replacement
6.1.1.3. Tissue Heart Valves
6.1.1.4. Transcatheter Aortic Valve Implantation (TAVI)
6.2. Asia Pacific Heart Valve Repair Replacement Market Outlook, by Indication, Value (US$ Bn), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Aortic Stenosis
6.2.1.2. Aortic Regurgitation
6.2.1.3. Mitral Stenosis
6.2.1.4. Mitral Regurgitation
6.3. Asia Pacific Heart Valve Repair Replacement Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. Hospitals
6.3.1.2. Ambulatory Surgical Centers
6.3.1.3. Cardiac Catheterization Laboratories
6.4. Asia Pacific Heart Valve Repair Replacement Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
6.4.1. Key Highlights
6.4.1.1. China Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
6.4.1.2. China Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
6.4.1.3. China Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
6.4.1.4. Japan Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
6.4.1.5. Japan Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
6.4.1.6. Japan Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
6.4.1.7. South Korea Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
6.4.1.8. South Korea Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
6.4.1.9. South Korea Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
6.4.1.10. India Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
6.4.1.11. India Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
6.4.1.12. India Heart Valve Repair Replacement Market End User, Value (US$Bn), 2018 - 2031
6.4.1.13. Southeast Asia Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
6.4.1.14. Southeast Asia Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
6.4.1.15. Southeast Asia Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
6.4.1.16. Rest of Asia Pacific Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
6.4.1.17. Rest of Asia Pacific Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
6.4.1.18. Rest of Asia Pacific Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Heart Valve Repair Replacement Market Outlook, 2018 - 2031
7.1. Latin America Heart Valve Repair Replacement Market Outlook, by Product, Value (US$ Bn), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. Heart Valve Repair
7.1.1.2. Heart Valve Replacement
7.1.1.3. Tissue Heart Valves
7.1.1.4. Transcatheter Aortic Valve Implantation (TAVI)
7.2. Latin America Heart Valve Repair Replacement Market Outlook, by Indication, Value (US$ Bn), 2018 - 2031
7.2.1. Key Highlights
7.2.1.1. Aortic Stenosis
7.2.1.2. Aortic Regurgitation
7.2.1.3. Mitral Stenosis
7.2.1.4. Mitral Regurgitation
7.3. Latin America Heart Valve Repair Replacement Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Hospitals
7.3.1.2. Ambulatory Surgical Centers
7.3.1.3. Cardiac Catheterization Laboratories
7.4. Latin America Heart Valve Repair Replacement Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
7.4.1. Key Highlights
7.4.1.1. Brazil Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
7.4.1.2. Brazil Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
7.4.1.3. Brazil Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
7.4.1.4. MexicHeart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
7.4.1.5. MexicHeart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
7.4.1.6. MexicHeart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
7.4.1.7. Argentina Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
7.4.1.8. Argentina Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
7.4.1.9. Argentina Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
7.4.1.10. Rest of Latin America Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
7.4.1.11. Rest of Latin America Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
7.4.1.12. Rest of Latin America Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Heart Valve Repair Replacement Market Outlook, 2018 - 2031
8.1. Middle East & Africa Heart Valve Repair Replacement Market Outlook, by Product, Value (US$ Bn), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. Heart Valve Repair
8.1.1.2. Heart Valve Replacement
8.1.1.3. Tissue Heart Valves
8.1.1.4. Transcatheter Aortic Valve Implantation (TAVI)
8.2. Middle East & Africa Heart Valve Repair Replacement Market Outlook, by Indication, Value (US$ Bn), 2018 - 2031
8.2.1. Key Highlights
8.2.1.1. Aortic Stenosis
8.2.1.2. Aortic Regurgitation
8.2.1.3. Mitral Stenosis
8.2.1.4. Mitral Regurgitation
8.3. Middle East & Africa Heart Valve Repair Replacement Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. Hospitals
8.3.1.2. Ambulatory Surgical Centers
8.3.1.3. Cardiac Catheterization Laboratories
8.4. Middle East & Africa Heart Valve Repair Replacement Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
8.4.1. Key Highlights
8.4.1.1. GCC Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
8.4.1.2. GCC Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
8.4.1.3. GCC Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
8.4.1.4. South Africa Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
8.4.1.5. South Africa Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
8.4.1.6. South Africa Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
8.4.1.7. Egypt Heart Valve Repair Replacement Market by Product, Value (US$Bn), 2018 - 2031
8.4.1.8. Egypt Heart Valve Repair Replacement Market by Indication, Value (US$Bn), 2018 - 2031
8.4.1.9. Egypt Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
8.4.1.10. Nigeria Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
8.4.1.11. Nigeria Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
8.4.1.12. Nigeria Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
8.4.1.13. Rest of Middle East & Africa Heart Valve Repair Replacement Market by Product, Value (US$ Bn), 2018 - 2031
8.4.1.14. Rest of Middle East & Africa Heart Valve Repair Replacement Market by Indication, Value (US$ Bn), 2018 - 2031
8.4.1.15. Rest of Middle East & Africa Heart Valve Repair Replacement Market End User, Value (US$ Bn), 2018 - 2031
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Product vs End User Heatmap
9.2. Manufacturer vs End User Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
9.5.1. Abbott
9.5.1.1. Company Overview
9.5.1.2. Product Portfolio
9.5.1.3. Financial Overview
9.5.1.4. Business Strategies and Development
9.5.2. Edwards Lifesciences Corporation
9.5.2.1. Company Overview
9.5.2.2. Product Portfolio
9.5.2.3. Financial Overview
9.5.2.4. Business Strategies and Development
9.5.3. Boston Scientific Corporation
9.5.3.1. Company Overview
9.5.3.2. Product Portfolio
9.5.3.3. Financial Overview
9.5.3.4. Business Strategies and Development
9.5.4. CryoLife, Inc.
9.5.4.1. Company Overview
9.5.4.2. Product Portfolio
9.5.4.3. Financial Overview
9.5.4.4. Business Strategies and Development
9.5.5. LivaNova PLC
9.5.5.1. Company Overview
9.5.5.2. Product Portfolio
9.5.5.3. Financial Overview
9.5.5.4. Business Strategies and Development
9.5.6. Colibri Heart Valve
9.5.6.1. Company Overview
9.5.6.2. Product Portfolio
9.5.6.3. Financial Overview
9.5.6.4. Business Strategies and Development
9.5.7. JenaValve Technology, Inc.
9.5.7.1. Company Overview
9.5.7.2. Product Portfolio
9.5.7.3. Financial Overview
9.5.7.4. Business Strategies and Development
9.5.8. MicrInterventional Devices, Inc.
9.5.8.1. Company Overview
9.5.8.2. Product Portfolio
9.5.8.3. Financial Overview
9.5.8.4. Business Strategies and Development
9.5.9. Braile Biomedica
9.5.9.1. Company Overview
9.5.9.2. Product Portfolio
9.5.9.3. Financial Overview
9.5.9.4. Business Strategies and Development
9.5.10. Arbor Surgical Technologies, Inc.
9.5.10.1. Company Overview
9.5.10.2. Product Portfolio
9.5.10.3. Financial Overview
9.5.10.4. Business Strategies and Development
9.5.11. Aortech International Plc
9.5.11.1. Company Overview
9.5.11.2. Product Portfolio
9.5.11.3. Financial Overview
9.5.11.4. Business Strategies and Development
10. Appendix
10.1.Research Methodology 10.2.Report Assumptions
10.3.Acronyms and Abbreviations
List of Region/Countries  
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Turkey
Russia
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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