Cardiac valves are truly remarkable structures. Such tissue-paper thin membranes are fixed to the heart wall. They open and close constantly for regulating blood flow that causes the sound of the heartbeat. The heart comprises of four valves- tricuspid valve and mitral valve that control the flow of blood to the ventricles from the atria, and the pulmonary valve and aortic valve that controls the flow of blood out of the ventricles.
There has been a lot of changing trends, especially in the aortic valve procedures, from mechanical prosthesis through stented bio-prosthesis to TAVI methods and more. The EMEA cardiac valve market size is predicted to touch USD 13355.2 million at an 11.6% CAGR between 2019-2025, states the latest Market Research Future (MRFR) report.
Various factors are propelling the cardiac valve market growth. Such factors, as per the latest Market Research Future report, include increasing geriatric population, changing lifestyle, increasing incidence of cardiac diseases especially congenital heart defects (CHD), advancements in technology in cardiac valves devices, various developments in medical technology, excessive use of alcohol and tobacco, and adoption of deskbound lifestyle.
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Market Segmentation
The Market Research Future report provides an all-inclusive segmental analysis of the cardiac valve market based on end users, treatment, diseases, and types.
- By types, the cardiac valve market is segmented into the mechanical heart valve, tissue heart valve, transcatheter heart valve, and others.
- By diseases, the cardiac valve market is segmented into mitral valve stenosis, heart valve disease, aortic valve replacement, and others.
- By treatment, the cardiac valve market is segmented into valve repair, valve replacement, and others.
- By end users, the cardiac valve market is segmented into hospitals and clinics, cardiac research institute, and others.
- By position, the cardiac valve market is segmented into the aortic valve, mitral valve, and other positions.
Key Players
Notable players profiled in the cardiac valve market report include Braile Biomédica (Brazil), Lepu Medical Technology Co., Ltd. (China), Colibri Heart Valve, LLC (US), TTK HealthCare (India), CryoLife, Inc. (US), Jenavalve Technology, Inc. (Germany), Symetis SA (Switzerland), LivaNova PLC (UK), St. Jude Medical, Inc. (an Abbott Laboratories Company) (US), Boston Scientific Corporation (US), Edwards Lifesciences Corporation (US), and Medtronic.
Regional Analysis
By region, the cardiac valve market report covers the latest trends and growth opportunities across the Asia Pacific, the Americas, Europe, and the Middle East and Africa. Of these, the Americas will spearhead the market during the forecast period. The presence of a well-developed technology and an increase in cardiac patient population are factors that are adding to the market growth in the region.
The cardiac valve market in Europe will have the second-largest share in the market during the forecast period. Increasing investment in R&D activities to develop new treatment methods for different cardiac diseases, rising expenditure in the healthcare domain, and surplus demand for the latest treatments for vulvar heart diseases are adding to the market growth in the region.
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The cardiac valve market in the APAC region will grow at the fastest pace during the forecast period for the increasing adoption of new technologies both in the diagnosis as well as treatment methods coupled with rising investments in the healthcare services. The cardiac valve market in the MEA will have a small share during the forecast period owing to less technological development in the healthcare sector.
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