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Global Heart Valve Repair and Replacement Devices Market 2019-2023

Global Heart Valve Repair and Replacement Devices Market 2019-2023

About this market

The increasing prevalence of cardiovascular diseases will drive the heart valve repair and replacement devices market growth in the forthcoming years. Disorders including the aortic stenosis, pulmonary stenosis, and a congenital heart defect have led to rising demand for heart valve repair and replacement devices. In addition, factors including tobacco abuse, high cholesterol, blood pressure, and obesity are also mainly responsible for creating a rising demand for heart valve repair and replacement devices in the long run. Technavio’s analysts have predicted that the heart valve repair and replacement devices market will register a CAGR of nearly 16% by 2023.

Market Overview

Rising demand for heart valve therapies

One of the growth drivers of the global heart valve repair and replacement devices market is the rising demand for heart valve therapies. The growing incidence of heart valve diseases such as stenosis and regurgitation led to the high demand for heart valve therapies such as heart valve repair and replacement.

Shortage of cardiologists

One of the challenges in the growth of the global heart valve repair and replacement devices market is the shortage of cardiologists. Lack of expertise increases the probability of misdiagnosis and improper treatment care, which can cause harm to patients.

For the detailed list of factors that will drive and challenge the growth of the heart valve repair and replacement devices market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several market players. Vendors in the market are focusing on strategies such as mergers and acquisitions, partnerships, and other developments to improve their market share and expand their presence globally. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Heart Valve Repair and Replacement Devices Market 2019-2023

Technavio recognizes the following companies as the key players in the global heart valve repair and replacement devices market: Abbott, Boston Scientific Corporation, CryoLife, Inc., Edwards Lifesciences Corporation, LivaNova PLC, and Medtronic.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the development of heart valve with a tissue engineering approach.”

According to the report, one of the major drivers for this market is the rising demand for heart valve therapies.

Further, the report states that one of the major factors hindering the growth of this market is the high cost of heart valve repair and replacement procedures.

Companies Mentioned

Abbott
Boston Scientific Corporation
CryoLife, Inc.
Edwards Lifesciences Corporation
LivaNova PLC
Medtronic

  • Executive summary
  • Scope of the report
    • Preface11
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global medical devices market
      • Table Segments of global medical devices market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Heart valve replacement devices - Market size and forecast 2018-2023
      • Table Heart valve replacement devices - Market size and forecast 2018-2023 ($ millions)
      • Table Heart valve replacement devices - Year-over-year growth 2019-2023 (%)
    • Heart valve repair devices - Market size and forecast 2018- 2023
      • Table Heart valve repair devices - Market size and forecast 2018-2023 ($ millions)
      • Table Heart valve repair devices - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Market segmentation by surgery
    • Table Surgery - Market share 2018-2023 (%)
    • Comparison by surgery
      • Table Comparison by surgery
    • Minimally invasive surgeries - Market size and forecast 2018-2023
      • Table Minimally invasive surgeries - Market size and forecast 2018-2023 ($ millions)
      • Table Minimally invasive surgeries - Year-over-year growth 2019-2023 (%)
    • Transcatheter surgeries - Market size and forecast 2018- 2023
      • Table Transcatheter surgeries - Market size and forecast 2018-2023 ($ millions)
      • Table Transcatheter surgeries - Year-over-year growth 2019-2023 (%)
    • Open surgeries - Market size and forecast 2018-2023
      • Table Open surgeries - Market size and forecast 2018-2023 ($ millions)
      • Table Open surgeries - Year-over-year growth 2019-2023 (%)
    • Market opportunity by surgery
      • Table Market opportunity by surgery
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • Asia - Market size and forecast 2018-2023
      • Table Asia - Market size and forecast 2018-2023 ($ millions)
      • Table Asia - Year-over-year growth 2019-2023 (%)
    • ROW - Market size and forecast 2018-2023
      • Table ROW - Market size and forecast 2018-2023 ($ millions)
      • Table ROW - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Technological advances
    • Development of heart valve with tissue engineering approach
    • Industry developments
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Abbott
      • Table Abbott - Vendor overview
      • Table Abbott - Business segments
      • Table Abbott - Organizational developments
      • Table Abbott - Geographic focus
      • Table Abbott - Segment focus
      • Table Abbott - Key offerings
    • Boston Scientific Corporation
      • Table Boston Scientific Corporation - Vendor overview
      • Table Boston Scientific Corporation - Business segments
      • Table Boston Scientific Corporation - Organizational developments
      • Table Boston Scientific Corporation - Geographic focus
      • Table Boston Scientific Corporation - Segment focus
      • Table Boston Scientific Corporation - Key offerings
    • CryoLife, Inc
      • Table CryoLife, Inc - Vendor overview
      • Table CryoLife, Inc - Business segments
      • Table CryoLife, Inc - Organizational developments
      • Table CryoLife, Inc - Geographic focus
      • Table CryoLife, Inc - Segment focus
      • Table CryoLife, Inc - Key offerings
    • Edwards Lifesciences Corporation
      • Table Edwards Lifesciences Corporation - Vendor overview
      • Table Edwards Lifesciences Corporation - Product segments
      • Table Edwards Lifesciences Corporation - Organizational developments
      • Table Edwards Lifesciences Corporation - Geographic focus
      • Table Edwards Lifesciences Corporation - Segment focus
      • Table Edwards Lifesciences Corporation - Key offerings
    • LivaNova PLC
      • Table LivaNova PLC - Vendor overview
      • Table LivaNova PLC - Business segments
      • Table LivaNova PLC - Organizational developments
      • Table LivaNova PLC - Geographic focus
      • Table LivaNova PLC - Segment focus
      • Table LivaNova PLC - Key offerings
    • Medtronic
      • Table Medtronic - Vendor overview
      • Table Medtronic - Business segments
      • Table Medtronic - Organizational developments
      • Table Medtronic - Geographic focus
      • Table Medtronic - Segment focus
      • Table Medtronic - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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