Global Aortic Valve Replacement Devices Market Growth 2023-2029
Aortic valve replacement is a procedure in which a patient's failing aortic valve is replaced with an artificial heart valve. The aortic valve can be affected by a range of diseases; the valve can either become leaky (aortic insufficiency / regurgitation) or partially blocked (aortic stenosis). Current aortic valve replacement approaches include open heart surgery, minimally invasive cardiac surgery (MICS) and minimally invasive, catheter-based (percutaneous) aortic valve replacement.
LPI (LP Information)' newest research report, the “Aortic Valve Replacement Devices Industry Forecast” looks at past sales and reviews total world Aortic Valve Replacement Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Aortic Valve Replacement Devices sales for 2023 through 2029. With Aortic Valve Replacement Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aortic Valve Replacement Devices industry.
This Insight Report provides a comprehensive analysis of the global Aortic Valve Replacement Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aortic Valve Replacement Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aortic Valve Replacement Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aortic Valve Replacement Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aortic Valve Replacement Devices.
The global Aortic Valve Replacement Devices market size is projected to grow from US$ 5502.1 million in 2022 to US$ 8566.4 million in 2029; it is expected to grow at a CAGR of 8566.4 from 2023 to 2029.
In 2017, North America was the leading revenue contributor, commanding approximately 42.0% of the overall market value. Increasing prevalence of valvular disorders, rising geriatric population, and growing awareness regarding benefits of TAVR over other surgical procedures are some of the key factors stimulating the growth of the regional market. Moreover, favorable government initiatives and reimbursement policies are anticipated to help the market in the region gain tremendous momentum.
This report presents a comprehensive overview, market shares, and growth opportunities of Aortic Valve Replacement Devices market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Open Surgery
Minimally Invasive Surgery
Segmentation by application
Hospitals
Ambulatory Surgery Centers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Boston Scientific Corporation
Medtronic
Abbott
LivoNova
Edwards Lifesciences Corporation
CryoLife
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aortic Valve Replacement Devices market?
What factors are driving Aortic Valve Replacement Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aortic Valve Replacement Devices market opportunities vary by end market size?
How does Aortic Valve Replacement Devices break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.