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Aortic Valve Replacement Devices Market Size, Share And Trends Analysis Report By Surgery (Open, Minimally Invasive), By Product (Transcatheter Aortic Valve, Sutureless Valve), By End-user, And Segment Forecasts, 2018 - 2025

Aortic Valve Replacement Devices Market Size, Share And Trends Analysis Report By Surgery (Open, Minimally Invasive), By Product (Transcatheter Aortic Valve, Sutureless Valve), By End-user, And Segment Forecasts, 2018 - 2025

The global aortic valve replacement market size is expected to reach USD 13.49 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 11.1% during the forecast period. Technological advancements in aortic valves and favorable reimbursement policies are boosting the growth of the market. Rising demand for minimally invasive surgeries is also triggering the growth of the market.

Widening base of geriatric population is one of the key growth stimulants. As per data published by Medicare and Medicaid services, the number of aortic stenosis patients over 65 years of age is constantly increasing in the U.S. Thus, rising incidence of aortic stenosis coupled with improving treatment rates is expected to bolster the growth of the market over the forecast period. In addition, growing preference for minimally invasive surgeries is escalating the growth of the market. These procedures cause lesser trauma to patient along with better outcomes and facilitate faster recovery than conventional open-heart surgeries. MIS requires relatively lesser number of hospital stays and is hence economically more viable than conventional invasive surgeries.

Favorable reimbursement policies are one of the crucial factors anticipated to drive the market in the near future. Centers for Medicare & Medicaid Services (CMS) announced that it would provide coverage for TAVR under the Medicare National Coverage Determination policy. Moreover, increasing number of clinical studies undertaken by key players for extending interventional scope, analyzing safety of devices, and assessing subsequent treatment alternatives is also working in favor of the market. However, product recalls due to safety concerns are projected to inhibit the growth of the market.

Further Key Findings From the Report Suggest:

  • Minimally invasive surgeries emerged as the leading surgery type owing to various advantages associated with them, such as limited trauma, quicker recovery, and cost-effectiveness
  • The transcatheter valve segment accounted for the largest revenue share in 2017 due to rising number of clinical studies for expanding their applications
  • In terms of end users, hospitals were the dominant revenue contributor in 2017 and ambulatory surgery centers (ASCs) are expected to exhibit remarkable CAGR over the forecast period
  • North America emerged as the largest regional market with a revenue share of 41.9% in 2017 and Asia Pacific is anticipated to post the highest CAGR over the forecast period
  • Themarket is highly fragmented in nature. Some of the prominent companies operating in the market are Edwards Lifesciences Corporation, Boston Scientific Corporation, St. Jude Medical, CryoLife, Medtronic, and LivoNova.


Chapter 1 Research Methodology
1.1 Information Procurement
1.1.1 Purchased database:
1.1.2 GVR’s internal database
1.2 Primary Research:
1.2.1 List of primary sources include:
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Market Variables, Trends& Scope
3.1 Market Segmentation & Scope
3.2 Market Driver Analysis
3.2.1 Rising prevalence of valvular diseases
3.2.2 Increasing preference for minimally invasive surgeries
3.2.3 Favorable reimbursements
3.2.4 Initiatives for creating awareness of valve replacement
3.3 Market Restraint Analysis
3.3.1 Product recalls owing to the safety concern
3.4 Penetration & Growth Prospect Mapping
3.5 Aortic Valve Replacement Devices Market - SWOT Analysis, by Factor (Political & Legal, Economic & Technological)
3.6 Industry Analysis - Porter’s
3.7 Product Distributors
3.8 Product Pipeline (Clinical Trials)
3.9 Company Market Share Analysis
Chapter 4 Aortic Valve Replacement Devices Market: Surgery Type Estimates & Trend Analysis
4.1 Aortic Valve Replacement Devices Market: Surgery Type Movement Analysis
4.2 Open Surgery
4.2.1 Open surgery market estimates and forecasts, 2014 - 2025 (USD Million)
4.3 Minimally Invasive Surgery
4.3.1 Minimally invasive surgery market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 5 Aortic Valve Replacement Devices Market: Product Type Estimates & Trend Analysis
5.1 Aortic Valve Replacement Devices Market: Product Type Movement Analysis
5.2 Transcatheter Aortic Valve
5.2.1 Transcatheter aortic valve market estimates and forecasts, 2014 - 2025 (USD Million)
5.3 Sutureless Aortic Valve Replacement (SUAVR)
5.3.1 Sutureless aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
5.4 Others
5.4.1 Others market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 6 Aortic Valve Replacement Devices Market: End User Estimates & Trend Analysis
6.1 Aortic Valve Replacement Devices Market: End User Movement Analysis
6.2 Hospitals
6.2.1 Hospitals market estimates and forecasts, 2014 - 2025 (USD Million)
6.3 Ambulatory Surgery Centers
6.3.1 Ambulatory surgery centers market estimates and forecasts, 2014 - 2025 (USD Million)
6.4 Others
6.4.1 Others market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 7 Regional Estimates & Trend Analysis, by surgery, Product Type & End User
7.1 Aortic Valve Replacement Devices Market: Regional Movement Analysis
7.2 North America
7.2.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.2.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.2.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.2.4 U.S.
7.2.4.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.2.4.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.2.4.3 U.S. aortic valve replacement market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.2.5 Canada
7.2.5.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.2.5.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.2.5.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.3 Europe
7.3.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.3.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.3.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.3.4 Germany
7.3.4.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.3.4.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.3.4.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.3.5 U.K.
7.3.5.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.3.5.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.3.5.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.3.6 Russia
7.3.6.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.3.6.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.3.6.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.3.7 France
7.3.7.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.3.7.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.3.7.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.3.8 Spain
7.3.8.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.3.8.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.3.8.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.3.9 Italy
7.3.9.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.3.9.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.3.9.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.4 Asia Pacific
7.4.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.4.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.4.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.4.4 Japan
7.4.4.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.4.4.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.4.4.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.4.5 China
7.4.5.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.4.5.1 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.4.5.1 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.4.6 Hong Kong
7.4.6.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.4.6.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.4.6.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.4.7 Taiwan
7.4.7.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.4.7.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.4.7.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.5 Latin America
7.5.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.5.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.5.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.5.4 Brazil
7.5.4.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.5.4.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.5.4.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.5.5 Mexico
7.5.5.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.5.5.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.5.5.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.6 MEA
7.6.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.6.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.6.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
7.6.4 South Africa
7.6.4.1 Market estimates and forecasts, by surgery, 2014 - 2025 (USD Million)
7.6.4.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
7.6.4.3 Market estimates and forecasts, by end user, 2014 - 2025 (USD Million)
Chapter 8 Competitive Landscape
8.1 Market Capitalization
8.2 Company Profiles
8.2.1 Boston Scientific Corporation
8.2.1.1 Company overview
8.2.1.2 Financial performance
8.2.1.3 Product benchmarking
8.2.1.4 Strategic initiatives
8.2.1.5 Product timeline
8.2.1.6 SWOT analysis
8.2.2 Cryolife, Inc.
8.2.2.1 Company overview
8.2.2.2 Financial performance
8.2.2.3 Product benchmarking
8.2.2.4 Strategic initiatives
8.2.2.5 Product timeline
8.2.2.6 SWOT analysis
8.2.3 Edward Lifesciences Corporation
8.2.3.1 Company overview
8.2.3.2 Financial performance
8.2.3.3 Product benchmarking
8.2.3.4 Strategic initiatives
8.2.3.5 Product timeline
8.2.3.6 SWOT analysis
8.2.4 LivaNova PLC. (Sorin Group)
8.2.4.1 Company overview
8.2.4.2 Financial performance
8.2.4.3 Product benchmarking
8.2.4.4 Strategic initiatives
8.2.4.5 Product timeline
8.2.5 Medtronic
8.2.5.1 Company overview
8.2.5.2 Financial performance
8.2.5.3 Product benchmarking
8.2.5.4 Strategic initiatives
8.2.5.5 Product timeline
8.2.5.6 SWOT analysis
8.2.6 St. Jude Medical (Abbott)
8.2.6.1 Company overview
8.2.6.2 Financial performance
8.2.6.3 Product benchmarking
8.2.6.4 Strategic initiatives
8.2.6.5 Product timeline
8.2.6.6 SWOT analysis
8.2.7 Symetis SA
8.2.7.1 Company overview
8.2.7.2 Product benchmarking
List of Tables
TABLE 1 North America aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 2 North America aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 3 North America aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 4 U.S. aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 5 U.S. aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 6 U.S. aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 7 Canada aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 8 Canada aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 9 Canada aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 10 Europe aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 11 Europe aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 12 Europe aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 13 Germany aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 14 Germany aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 15 Germany aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 16 U.K. aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 17 U.K. aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 18 U.K. aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 19 Russia aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 20 Russia aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 21 Russia aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 22 France aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 23 France aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 24 France aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 25 Spain aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 26 Spain aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 27 Spain aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 28 Italy aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 29 Italy aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 30 Italy aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 31 Asia Pacific aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 32 Asia Pacific aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 33 Asia Pacific aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 34 Japan aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 35 Japan aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 36 Japan aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 37 China aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 38 China aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 39 China aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 40 Hong Kong aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 41 Hong Kong aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 42 Hong Kong aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 43 Taiwan aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 44 Taiwan aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 45 Taiwan aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 46 Latin America aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 47 Latin America aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 48 Latin America aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 49 Brazil aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 50 Brazil aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 51 Brazil aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 52 Mexico aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 53 Mexico aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 54 Mexico aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 55 MEA aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 56 MEA aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 57 MEA aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
TABLE 58 South Africa aortic valve replacement devices market, by surgery, 2014 - 2025 (USD Million)
TABLE 59 South Africa aortic valve replacement devices market, by product, 2014 - 2025 (USD Million)
TABLE 60 South Africa aortic valve replacement devices market, by end user, 2014 - 2025 (USD Million)
List of Figures
FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market summary, 2016 (USD Million)
FIG. 5 Market trends & outlook
FIG. 6 Market segmentation & scope
FIG. 7 Market driver relevance analysis (Current & future impact)
FIG. 8 Market restraint relevance analysis (Current & future impact)
FIG. 9 Penetration & growth prospect mapping
FIG. 10 SWOT analysis, by factor (political & legal, economic and technological)
FIG. 11 Porter’s Five Forces Analysis
FIG. 12 Company Market Share Analysis, by TAVR, Mechanical and Tissue Aortic Valve, 2016 (%)
FIG. 13 Aortic valve replacement devices market, Surgery outlook key takeaways (USD Million)
FIG. 14 Number of procedures, by surgery (2010-2016)
FIG. 15 Aortic valve replacement devices market: Surgery movement analysis (USD Million)
FIG. 16 Open surgery market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 17 Minimally invasive surgery market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 18 Aortic valve replacement devices market, Product outlook key takeaways (USD Million)
FIG. 19 Aortic valve replacement devices market: Product movement analysis (USD Million)
FIG. 20 Transcatheter aortic valve implantation market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 21 Sutureless aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 22 Others market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 23 Aortic valve replacement devices market, End user outlook key takeaways (USD Million)
FIG. 24 Aortic valve replacement devices market: End user movement analysis (USD Million)
FIG. 25 Hospitals market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 26 Ambulatory surgery centres market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 27 Others market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 28 Regional market place: Key takeaways
FIG. 29 Aortic valve replacement devices market: Regional movement analysis (USD Million)
FIG. 30 North America aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 31 U.S. aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 32 Canada transcatheter valve replacement market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 33 Europe aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 34 Germany aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 35 U.K. aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 36 Russia aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 37 France aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 38 Spain aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 39 Italy aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 40 Asia Pacific aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 41 Japan aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 42 China aortic valve replacement devices market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 43 Hong Kong aortic valve replacement devices market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 44 Taiwan aortic valve replacement devices market estimates and forecast, 2014 - 2025 (USD Million)
FIG. 45 Latin America aortic valve replacement devices market estimates and forecasts 2014 - 2025 (USD Million)
FIG. 46 Brazil aortic valve replacement devices market estimates and forecasts 2014 - 2025 (USD Million)
FIG. 47 Mexico aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 48 MEA transcatheter valve market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 49 South Africa aortic valve replacement devices market estimates and forecasts, 2014 - 2025 (USD Million)
FIG. 50 Market Capitalization
FIG. 51 Boston Scientific Corporation: Product timeline
FIG. 52 Boston Scientific Corporation: SWOT analysis
FIG. 53 Cryolife: Product timeline
FIG. 54 Cryolife: SWOT analysis
FIG. 55 Edwards Lifesciences Corporation: Product timeline
FIG. 56 Edwards Lifesciences Corporation: SWOT analysis
FIG. 57 LivaNova PLC. (Sorin Group): Product timeline
FIG. 58 Medtronic: Product timeline
FIG. 59 Medtronic: SWOT analysis
FIG. 60 St. Jude Medical: Product timeline
FIG. 61 St. Jude Medical: SWOT analysis

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