Prosthetic Heart Valve/ Artificial Heart Valve Market by Type (Transcatheter Heart Valve, Tissue Heart Valve, and Mechanical Heart Valve), and Region (North America, Europe, Asia-Pacific, and RoW) - Global Forecast to 2022

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Date: 05-Jun-2017
No. of pages: 156
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“Prosthetic Heart Valves Market Projected to Grow at a CAGR of 12.9%in the Forecast Period (2017 to 2022)”

The prosthetic heart valves market is projected to reach USD 8.86 billion by 2022, at a CAGR of 12.9% from 2017 to 2022. The major factors driving the growth of this market include the rising geriatric population and the subsequent increase in the prevalence of HVD, regulatory approvals for new and advanced prosthetic heart valves, increasing government funding for heart valve research, rising awareness about HVD, and favorable reimbursement scenario for prosthetic heart valves.

“Tran catheter Heart Valves to Register the Highest CAGR During the Forecast Period”

Based on the type of valve, the prosthetic heart valves market is categorized as transcatheter heart valves, tissue heart valves, and mechanical heart valves. The transcatheter heart valves segment is expected to register the highest CAGR during the forecasting period. Factors such as the rising prevalence of aortic stenos is, increasing pool of patients owing to approvals for extended valve indications, and technological advancements are supporting the growth of this segment.

“North America Is Estimated to Be the Fastest-growing Regional Segment in the Global Prosthetic Heart Valves Market During the Forecast Period”

In 2017, North America is expected to dominate the prosthetic heart valves market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). This regional segment is also projected to register the highest CAGR during the forecast period. Factors such as the rapid growth in the aging population and prevalence of valvular heart diseases, favorable reimbursement scenario, and rising product approvals for heart valves are contributing to the growth of the North American prosthetic heart valves market.

The primary interviews conducted for this report can be categorized as follows:


  • By Company Type: Tier 1: 52%, Tier 2: 30%, Tier 3: 18%

  • By Designation: Director-level: 43%, C-level: 36%, Others: 21%

  • By Region: North America: 43%, Europe: 23%, APAC: 20%, RoW: 14%


The key players in this market are Medtronic plc (Ireland), Edwards Lifesciences Corporation (U.S.), Boston Scientific Corporation (U.S.), St. Jude Medical, Inc. (Abbott Laboratories Company) (U.S.), Liva Nova PLC (U.K.), Symetis SA (Switzerland), Jenavalve Technology, Inc. (Germany), Cryo Life, Inc. (U.S.), TTK Healthcare Limited (India), Colibri Heart Valve, LLC (U.S.), Lepu Medical Technology Co., Ltd. (China), and Braile Biomédica (Brazil).

Research Coverage:

The report analyses the prosthetic heart valves market by type of valve and region. Apart from comprehensive geographic analysis, market sizing and volume analysis, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. The company profiles section in the report comprises the product portfolios, developments, and strategies adopted by the market players to maintain and increase their shares in the market. The above-mentioned market research data, current market size, and forecast of the future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach and levels of output in order to remain successful in the market.

Key Benefits of Buying the Report:

The report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn helps firms to garner a greater market, share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) to strengthen their market shares.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on the products offered by the top players in the prosthetic heart valves market. The report analyzes the prosthetic heart valves market by type of valve

  • Product Development/Innovation: Detailed insights on the upcoming technologies, research and development activities, and product launches in the prosthetic heart valves market

  • Market Development: Comprehensive information about lucrative emerging markets.

  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the prosthetic heart valves market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and distribution networks of the leading players in the prosthetic heart valves market

Prosthetic Heart Valve/ Artificial Heart Valve Market by Type (Transcatheter Heart Valve, Tissue Heart Valve, and Mechanical Heart Valve), and Region (North America, Europe, Asia-Pacific, and RoW) - Global Forecast to 2022

Table of Contents

1 Artificial Heart Valve Market: Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Artificial Heart Valve Market: Research Methodology
2.1 Research Methodology Steps
2.2 Secondary and Primary Research Methodology
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.2.1 Key Industry Insights
2.2.2.2 Key Data From Primary Sources
2.2.2.3 Key Insights From Primary Sources
2.3 Market Size Estimation Methodology
2.4 Research Design
2.5 Market Data Validation and Triangulation
2.6 Assumptions for the Study

3 Artificial Heart Valve Market: Executive Summary

4 Artificial Heart Valve Market: Premium Insights
4.1 Introduction
4.2 Global Prosthetic Heart Valves Market, By Type of Valve, 2017 vs 2022
4.3 Geographical Snapshot of Global Prosthetic Heart Valves Market

5 Artificial Heart Valve Market: Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Geriatric Population and Subsequent Growth in Prevalence of Heart Valve Disease
5.2.1.2 Regulatory Approvals for New and Advanced Prosthetic Heart Valves
5.2.1.2.1 Product Approvals for Medtronic PLC:
5.2.1.2.2 Product Approvals for Edward Lifesciences Corporation:
5.2.1.2.3 Product Approvals for Boston Scientific Corporation:
5.2.1.2.4 Product Approvals for Livanova PLC:
5.2.1.2.5 Product Approvals for St. Jude Medical, Inc.:
5.2.1.2.6 Product Approvals for Other Companies:
5.2.1.3 Increasing Government Funding for Heart Valve Research
5.2.1.4 Rising Awareness About Heart Valve Diseases
5.2.1.5 Favorable Reimbursement Scenario for Prosthetic Heart Valves
5.2.2 Restraints
5.2.2.1 High Cost of Transcatheter Aortic Valve Replacement (TAVR) Procedures
5.2.2.2 Availability of Alternative Methods for Treating Heart Valve Diseases (HVD)
5.2.3 Opportunities
5.2.3.1 Expanding Indication of TAVR From Only High-Risk to Intermediate- Or Low-Risk Patients
5.2.3.2 Strong Product Pipeline
5.2.3.3 Increasing Investments By Key Players in Startup Companies
5.2.3.4 Growth Potential Offered By Emerging Countries
5.2.4 Challenge
5.2.4.1 Emergence of Tissue-Engineered Heart Valves (TEHV)

6 Global Prosthetic Heart Valve Market, By Type of Valve
6.1 Introduction
6.2 Transcatheter Heart Valves
6.3 Tissue Heart Valves
6.4 Mechanical Heart Valves

7 Global Prosthetic Heart Valve Market, By Region
7.1 Introduction
7.2 North America
7.2.1 U.S.
7.2.1.1 Rapid Growth in the Aging Population and Prevalence of Valvular Heart Diseases
7.2.1.2 Rising Preference for Transcatheter Aortic Valve Replacement (TAVR)
7.2.1.3 Favorable Reimbursement Scenario for Prosthetic Heart Valves
7.2.1.4 Initiatives to Increase Awareness of Valvular Heart Diseases (VHD)
7.2.1.5 Stringent Regulations for New Prosthetic Heart Valve Approval
7.2.2 Canada
7.2.2.1 Favorable Reimbursement and Funding
7.2.2.2 Rising Approvals for Heart Valves
7.3 Europe
7.3.1 Increasing Aging Population and Valvular Heart Diseases (VHD) Prevalence
7.3.2 Growth in the Number of Research Activities
7.3.3 Germany
7.3.3.1 Favorable Reimbursement Policies
7.3.4 France
7.3.4.1 Valve for Life (VFL) Initiative
7.3.5 U.K.
7.3.5.1 Establishment of Specialty Valve Clinics
7.3.6 Rest of Europe (RoE)
7.3.6.1 Rising Initiatives and Awareness Programs in Poland and Portugal
7.4 Asia-Pacific
7.4.1 Japan
7.4.1.1 Rising Aging Population
7.4.1.2 Favorable Reimbursement Scenario
7.4.1.3 Dilution of Regulatory Stringency
7.4.2 China
7.4.2.1 Rising Aging Population and Prevalence of Valvular Heart Diseases in China
7.4.2.2 Unfavorable Reimbursements
7.4.3 India
7.4.3.1 High Patient Pool for Target Diseases
7.4.3.2 State Government Funded Insurance Schemes
7.4.4 Rest of Asia-Pacific (RoAPAC)
7.4.4.1 Growing Medical Tourism in Asian Countries
7.5 Rest of the World
7.5.1 Rise in Aging Population
7.5.2 High Prevalence of Heart Valve Disease in Brazil
7.5.3 Favorable Medical Tourism Destination

8 Artificial Heart Valve Market: Competitive Landscape
8.1 Market Share Analysis (2016)
8.1.1 Introduction
8.1.2 Global Transcatheter Heart Valves Market Share, By Key Player, 2016
8.1.3 Global Tissue Heart Valves Market Share, By Key Player, 2016
8.1.4 Global Mechanical Heart Valves Market Share, By Key Player, 2016
8.1.5 Edwards Lifesciences Corporation
8.1.6 Medtronic PLC
8.1.7 St. Jude Medical, Inc.
8.2 Vendor Dive Overview
8.2.1 Vanguards
8.2.2 Innovator
8.2.3 Dynamic
8.2.4 Emerging
8.3 Competitive Benchmarking
8.3.1 Analysis of Product Portfolio of Major Players in the Prosthetic Heart Valve Market (18 Players)
8.3.2 Business Strategies Adopted By Major Players in the Prosthetic Heart Valve Market (18 Players)

*Top 13 Companies Analysed for This Study are - Edwards Lifesciences Corporation (U.S.), Medtronic PLC (Ireland), St. Jude Medical, Inc. (Abbott Laboratories Company) (U.S.), Boston Scientific Corporation (U.S.), Livanova PLC (U.K.), Symetis SA (Switzerland), Jenavalve Technology, Inc. (Germany), Cryolife, Inc. (U.S.), TTK Healthcare Limited (India), Colibri Heart Valve, LLC (U.S.), Lepu Medical Technology Co., Ltd. (China), and Braile Biomédica (Brazil). Other Players in This Market Include Micro Interventional Devices, Inc. (U.S.), Autotissue Berlin GmbH (Germany), Comed B.V. (Netherlands), Meril Life Sciences Pvt. Ltd. (India), Labcor Laboratórios Ltda. (Brazil), and Hlt Inc. (A Bracco Group Company) (U.S.)

9 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
9.1 Introduction
9.2 Medtronic PLC
9.3 Edwards Lifesciences Corporation
9.4 Boston Scientific Corporation
9.5 Livanova PLC
9.6 St. Jude Medical, Inc. (An Abbott Laboratories Company)
9.7 Symetis SA
9.8 Jenavalve Technology, Inc.
9.9 Cryolife, Inc.
9.10 TTK Healthcare Limited (A TTK Group Company)
9.11 Colibri Heart Valve, LLC
9.12 Lepu Medical Technology Co., Ltd.
9.13 Braile Biomédica

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

10 Appendix
10.1 Discussion Guide
10.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
10.3 Introducing RT: Real-Time Market Intelligence
10.4 Available Customizations
10.5 Related Reports
10.6 Author Details

List of Tables

Table 1 Global Prosthetic Heart Valve Market Snapshot
Table 2 Global Prosthetic Heart Valve Market Size, By Type of Valve, 2015–2022 (USD Million)
Table 3 Global Prosthetic Heart Valve Market Size, By Type of Valve, 2015–2022 (Units)
Table 4 Global Transcatheter Heart Valves Market Size, By Region, 2015–2022 (USD Million)
Table 5 Global Transcatheter Heart Valves Market Size, By Region, 2015–2022 (Units)
Table 6 North America: Transcatheter Heart Valves Market Size, By Country, 2015–2022 (USD Million)
Table 7 North America: Transcatheter Heart Valves Market Size, By Country, 2015–2022 (Units)
Table 8 Europe: Transcatheter Heart Valves Market Size, By Country, 2015–2022 (USD Million)
Table 9 Europe: Transcatheter Heart Valves Market Size, By Country, 2015–2022 (Units)
Table 10 Asia-Pacific Transcatheter Heart Valves Market Size, By Country, 2015–2022 (USD Million)
Table 11 Asia-Pacific: Transcatheter Heart Valves Market Size, By Country, 2015–2022 (Units)
Table 12 Global Tissue Heart Valves Market Size, By Region, 2015–2022 (USD Million)
Table 13 Global Tissue Heart Valves Market Size, By Region, 2015–2022 (Units)
Table 14 North America: Tissue Heart Valves Market Size, By Country, 2015–2022 (USD Million)
Table 15 North America: Tissue Heart Valves Market Size, By Country, 2015–2022 (Units)
Table 16 Europe: Tissue Heart Valves Market Size, By Country, 2015–2022 (USD Million)
Table 17 Europe: Tissue Heart Valves Market Size, By Country, 2015–2022 (Units)
Table 18 Asia-Pacific: Tissue Heart Valves Market Size, By Country, 2015–2022 (USD Million)
Table 19 Asia-Pacific: Tissue Heart Valves Market Size, By Country, 2015–2022 (Units)
Table 20 Global Mechanical Heart Valves Market Size, By Region, 2015–2022 (USD Million)
Table 21 Global Mechanical Heart Valves Market Size, By Region, 2015–2022 (Units)
Table 22 North America: Mechanical Heart Valves Market Size, By Country, 2015–2022 (USD Million)
Table 23 North America: Mechanical Heart Valves Market Size, By Country, 2015–2022 (Units)
Table 24 Europe: Mechanical Heart Valves Market Size, By Country, 2015–2022 (USD Million)
Table 25 Europe: Mechanical Heart Valves Market Size, By Country, 2015–2022 (Units)
Table 26 Asia-Pacific: Mechanical Heart Valves Market Size, By Country, 2015–2022 (USD Million)
Table 27 Asia-Pacific: Mechanical Heart Valves Market Size, By Country, 2015–2022 (Units)
Table 28 Global Prosthetic Heart Valves Market Size, By Region, 2015–2022 (USD Million)
Table 29 Global Prosthetic Heart Valves Market Size, By Region, 2015–2022 (Units)
Table 30 North America: Artificial Heart Valve Market Size, By Country, 2015–2022 (USD Million)
Table 31 North America: Artificial Heart Valve Market Size, By Country, 2015–2022 (Units)
Table 32 North America: Artificial Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 33 North America: Artificial Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 34 Medicare National Average Coverage for Heart Valve Replacement Procedures
Table 35 U.S.: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 36 U.S.: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 37 Canada: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 38 Canada: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 39 Europe: Artificial Heart Valve Market Size, By Country, 2015–2022 (USD Million)
Table 40 Europe: Artificial Heart Valve Market Size, By Country, 2015–2022 (Units)
Table 41 Europe: Artificial Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 42 Europe: Artificial Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 43 Germany: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 44 Germany: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 45 France: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 46 France: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 47 U.K.: Artificial Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 48 U.K.: Artificial Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 49 RoE: Artificial Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 50 RoE: Artificial Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 51 Asia-Pacific: Prosthetic Heart Valve Market Size, By Country, 2015–2022 (USD Million)
Table 52 Asia-Pacific: Prosthetic Heart Valve Market Size, By Country, 2015–2022 (Units)
Table 53 Asia-Pacific: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 54 Asia-Pacific: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 55 Japan: Artificial Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 56 Japan: Artificial Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 57 China: Artificial Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 58 China: Artificial Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 59 India: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 60 India: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 61 RoAPAC: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 62 RoAPAC: Prosthetic Heart Valve Market Size, By Type, 2015–2022 (Units)
Table 63 RoW: Artificial Heart Valve Market Size, By Type, 2015–2022 (USD Million)
Table 64 RoW: Artificial Heart Valve Market Size, By Type, 2015–2022 (Units)

List of Figures

Figure 1 Global Prosthetic Heart Valves Market Segmentation
Figure 2 Global Prosthetic Heart Valves Market: Research Methodology Steps
Figure 3 Key Data From Secondary Sources
Figure 4 Primary Research - Current Sampling Frame
Figure 5 Break Down of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Market Size Estimation Methodology: Global Market
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach for the Transcatheter Heart Valves Market
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach for the Tissue Heart Valves Market
Figure 9 Market Size Estimation Methodology: Bottom-Up Approach for the Mechanical Heart Valves Market
Figure 10 Market Size Estimation Methodology: Bottom-Up Approach for the Global Prosthetic Heart Valves Market
Figure 11 Market Size Estimation Methodology: Top-Down Approach
Figure 12 Data Triangulation Methodology
Figure 13 Transcatheter Heart Valves Segment to Register the Highest CAGR From 2017 to 2022
Figure 14 North America to Register the Highest CAGR in the Forecast Period
Figure 15 Evolution of Prosthetic Heart Valves
Figure 16 Rising Prevalence of Heart Valve Disease is One of the Major Factors Driving the Growth of the Prosthetic Heart Valves Market
Figure 17 Transcatheter Heart Valves to Register the Highest CAGR During the Forecast Period
Figure 18 North America to Register the Highest CAGR During the Forecast Period
Figure 19 Global Prosthetic Heart Valves Market: Drivers, Restraints, Opportunities, and Challenge
Figure 20 Global Prosthetic Heart Valves Market, By Type of Valve
Figure 21 Transcatheter Heart Valves Segment to Grow at the Highest CAGR During the Forecast Period
Figure 22 North America: Prosthetic Heart Valves Market Snapshot
Figure 23 Europe: Prosthetic Heart Valves Market Snapshot
Figure 24 Asia-Pacific: Prosthetic Heart Valves Market Snapshot
Figure 25 RoW: Prosthetic Heart Valves Market Snapshot
Figure 26 Vendor Dive Comparison Matrix: Prosthetic Heart Valves Market
Figure 27 Product Mix of Key Players in Market
Figure 28 Medtronic PLC: Company Snapshot (2015)
Figure 29 Edwards Lifesciences Corporation: Company Snapshot (2016)
Figure 30 Boston Scientific Corporation: Company Snapshot (2016)
Figure 31 Neovasc Inc.: Company Snapshot (2016)
Figure 32 Livanova PLC: Company Snapshot (2016)
Figure 33 St. Jude Medical, Inc. (An Abbott Laboratories Company): Company Snapshot (2015)
Figure 34 Cryolife, Inc.: Company Snapshot (2016)
Figure 35 TTK Healthcare Limited: Company Snapshot (2015)

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