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Transcatheter Heart Valve Replacement Devices Market Insights, Competitive Landscape and Market Forecast-2030

Published Date : 2024
Pages : 150
Region : Global,
Delivery Timeline : 24 Hours
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Transcatheter Heart Valve Replacement Devices Market Summary

  • The Transcatheter Heart Valve Replacement Devices Market is expected to strengthen as disease awareness increases and more effective interventions are developed.
  • The Transcatheter Heart Valve Replacement Devices Companies such as Medtronic, Boston Scientific Corporation, Bracco SpA, Edward Lifesciences, Meril Lifesciences, JenaValve Technologies Inc., Venus Medtech (Hangzhou) Inc., Abbott, Bluesail Medical Co., Ltd., Braile Biomédica, CryoLife, Inc., SMT, Peijia Medical Limited, P+F Products + Features GmbH, Livanova Plcand others.

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Transcatheter Heart Valve Replacement Market

Key Factors Driving the Transcatheter Heart Valve Replacement Devices Market Growth

  • Rising Prevalence of Valvular Heart Diseases

The increasing global burden of aortic stenosis and other valvular heart disorders, particularly among the aging population, is a major factor driving the demand for transcatheter heart valve replacement (THVR) devices.

  • Growing Geriatric Population

With age being a significant risk factor for valvular degeneration, the expanding elderly population base worldwide continues to boost the need for minimally invasive valve replacement procedures.

  • Advancements in Minimally Invasive Cardiac Procedures

Continuous innovation in catheter-based valve technologies has revolutionized cardiac care by offering safer, less invasive alternatives to traditional open-heart surgery—leading to faster recovery times and lower procedural risks.

  • Favorable Clinical Outcomes and Expanding Indications

Strong clinical evidence supporting improved survival rates, enhanced quality of life, and reduced complication risks has driven broader adoption. Additionally, expanding indications beyond high-risk patients to include intermediate and low-risk groups is accelerating market penetration.

  • Increasing Healthcare Expenditure and Technological Investments

Rising healthcare spending and investments by leading medical device companies in R&D have resulted in the development of next-generation devices with better durability, precision, and ease of deployment.

  • Regulatory Support and Product Approvals

Supportive regulatory frameworks and a surge in product approvals by agencies such as the FDA and EMA are fostering innovation and ensuring quicker access to novel transcatheter valve replacement systems.

  • Growing Preference for Minimally Invasive Treatments

Patients and healthcare providers are increasingly opting for transcatheter interventions due to their reduced hospital stays, lower post-operative pain, and improved long-term outcomes compared to surgical procedures.

Transcatheter Heart Valve Replacement Market by Product (Transcatheter Aortic Valve Replacement, Transcatheter Mitral Valve Replacement, and Transcatheter Pulmonary Valve Replacement), Application (Aortic Valve Stenosis, Aortic Valve Regurgitation, Mitral Valve Stenosis, Mitral Valve Regurgitation, and Others), End-User (Hospitals, Specialty Clinics, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World) is expected to advance at a respectable CAGR forecast till 2030 owing to the growing prevalence of cardiovascular disorders and increasing product developmental activities worldwide.

The Transcatheter Heart Valve Replacement Devices Market is estimated to grow at a CAGR of 13.75% during the forecast period from 2024 to 2030. The Transcatheter Heart Valve Replacement Devices Market is expanding rapidly due to the growing prevalence of cardiovascular disorders including circulatory diseases, various heart valve diseases, increasing product developmental activities such as regulatory clearances, rising sedentary lifestyle & lifestyle-associated disorders, increasing preference for minimally invasive surgeries that are expected to escalate the overall growth of the transcatheter heart valve replacement market during the forecast period from 2024 to 2030.

Scope of the Transcatheter Heart Valve Replacement Devices Market

Study Period

2020 to 2030

Base Year

2022

Forecast Period

2024 to 2030

CAGR

13.75%

Transcatheter Heart Valve Replacement Devices Market Size

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cTranscatheter Heart Valve Replacement Devices Companies

Medtronic, Boston Scientific Corporation, Bracco SpA, Edward Lifesciences, Meril Lifesciences, JenaValve Technologies Inc., Venus Medtech (Hangzhou) Inc., Abbott, Bluesail Medical Co., Ltd., Braile Biomédica, CryoLife, Inc., SMT, Peijia Medical Limited, P+F Products + Features GmbH, Livanova Plc, and Many Others.

Transcatheter Heart Valve Replacement Market Dynamics

According to the British Heart Foundation (BHF), it was reported in 2024, that around 640 million people in 2022 were living with heart and circulatory diseases across the world owing to changing lifestyles, aging, and a growing population. As per data from the World Health Organization (WHO) 2020, the prevalence of calcific aortic valve stenosis was 9 million across the world. Thus, the increasing prevalence of cardiovascular diseases including circulatory diseases and various heart valve diseases will increase the demand for transcatheter heart valve replacement.

The increasing patient preference for minimally invasive surgeries is also likely to bode well for the market growth during the forecast period. Transcatheter heart valve replacement offer advantages over conventional surgeries owing to their minimally invasive approach, such as shorter recovery time, less post-operational pain, less stay at the hospital, fewer wound complications, and better wound prosthesis.

Additionally, in February 2024, Edwards Lifesciences Corporation announced launch of the Sapien 3 Ultra Resilia valve in Europe. Therefore, the factors stated above collectively will drive the overall transcatheter heart valve replacement market growth. However, presence of alternative treatment in the market, stringent regulatory approval process, among others may prove to be challenging factors for the transcatheter heart valve replacement market growth.

Transcatheter Heart Valve Replacement Market Segment Analysis

Transcatheter Heart Valve Replacement Market by Product (Transcatheter Aortic Valve Replacement, Transcatheter Mitral Valve Replacement, and Transcatheter Pulmonary Valve Replacement), Application (Aortic Valve Stenosis, Aortic Valve Regurgitation, Mitral Valve Stenosis, Mitral Valve Regurgitation, and Others), End-User (Hospitals, Specialty Clinics, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).

In the product segment of the transcatheter heart valve replacement market, the transcatheter aortic valve replacement (TAVR) category is expected to have a significant revenue share in the year 2023. This is due to the increasing cases of aortic stenosis disorder as TAVR is the first-line surgical procedure performed for aortic stenosis. Further, the availability of technologically advanced devices in the market, and rising device launches and approvals will also affect the market positively.

The primary feature of this technique is its minimally invasive nature, as it involves accessing the aorta through the femoral artery in the groin, which typically results in a smaller incision and less surgical trauma. This approach leads to significant benefits, including a shorter recovery time. Additionally, advancements in imaging and device technology have improved the precision of valve placement during the procedure, leading to better overall results. The transfemoral approach is also beneficial for patients with favorable femoral artery anatomy, as it allows for straightforward access without the need for complex surgical interventions.

Therefore the widespread uses and various features of transcatheter aortic valve replacement enhance performance and usability, solidifying the significant impact on the growth of the overall transcatheter heart valve replacement market during the forecast period from 2024 to 2030.

North America is expected to dominate the overall Transcatheter Heart Valve Replacement Market:

Among all the regions, North America is expected to dominate the transcatheter heart valve replacement market in the year 2023 and is expected to do the same during the forecast period. This can be attributed to several factors including the high instances of myocardial infarction, heart valve diseases, and their associated risk factors, combined with significant advancements in product development & regulatory approvals, the presence of market key players, and the availability of well-established advanced healthcare infrastructure that are acting as key factors contributing to the growth of the transcatheter heart valve replacement market in the North America region during the forecast period from 2024 to 2030.

Disease Control and Prevention (CDC) (2024), it was stated that 805,000 people in the US have a myocardial infarction (heart attack) every year on average. Furthermore, as per the same source, it was stated that heart disease is an umbrella term that encompasses numerous indications. Some of the key risk factors associated with heart disease are high blood cholesterol, high blood pressure, and smoking. The source further mentioned that about half of Americans (47%) have at least one of these three risk factors.

According to the Canadian Cardiovascular Society (2022), it was reported that in 2022, 2.5% of the population had heart valve diseases, which is increasing significantly after the age of 65, reaching up to 13% after the age of 75. It was also estimated by the same source that in 2040, Canada will have an estimated 1.5 million people over 65 years with heart valve disease. Since cardiovascular disorders are rising in the region among middle-aged individuals, the demand for more effective treatment options is increasing significantly. This trend is fueling investment in innovative technologies and expanding the market for transcatheter heart valve replacement.

Rising product developmental activities by regulatory bodies and key Transcatheter Heart Valve Replacement Devices Companies in the region will further boost the market. For example, in September 2021, Abbott announced that the U.S Food and Drug Administration approved the company's Portico™ with FlexNav™ transcatheter aortic valve replacement (TAVR) system to treat people with symptomatic, severe aortic stenosis who are at high or extreme risk for open-heart surgery. Therefore, the interplay of all the aforementioned factors would provide a conducive growth environment for the North American transcatheter heart valve replacement market.

Transcatheter Heart Valve Replacement Companies

The leading Transcatheter Heart Valve Replacement Companies such as Medtronic, Boston Scientific Corporation, Bracco SpA, Edward Lifesciences, Meril Lifesciences, JenaValve Technologies Inc., Venus Medtech (Hangzhou) Inc., Abbott, Bluesail Medical Co., Ltd., Braile Biomédica, CryoLife, Inc., SMT, Peijia Medical Limited, P+F Products + Features GmbH, Livanova Plc, and others.

Recent Developmental Activities in the Transcatheter Heart Valve Replacement Market

  • In November 2025, JenaValve Technology Inc. announced the initiation of a study to assess the safety and effectiveness of the JenaValve Trilogy™ Heart Valve System for transcatheter aortic valve replacement (TAVR) in patients with continuous-flow left ventricular assist devices (cfLVAD) and clinically significant aortic regurgitation (AR) who are eligible for TAVR treatment.

Key Takeaways from the Transcatheter Heart Valve Replacement Market Report Study

  • Market size analysis for current transcatheter heart valve replacement market size (2023), and market forecast for 6 years (2024 to 2030)
  • Top key product/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
  • Key Transcatheter Heart Valve Replacement Devices Companies dominating the Market
  • Various opportunities available for the other competitors in the Transcatheter Heart Valve Replacement market space
  • What are the top-performing segments in 2023? How these segments will perform in 2030?
  • Which are the top-performing regions and countries in the current transcatheter heart valve replacement market scenario?
  • Which are the regions and countries where companies should have concentrated on opportunities for transcatheter heart valve replacement market growth in the coming future?
 

Target Audience who can be benefited from this Transcatheter Heart Valve Replacement Market Report Study

  • Transcatheter heart valve replacement product providers
  • Research organizations and consulting Transcatheter Heart Valve Replacement Devices Companies
  • Transcatheter heart valve replacement-related organizations, associations, forums, and other alliances
  • Government and corporate offices
  • Start-up companies, venture capitalists, and private equity firms
  • Distributors and traders dealing in transcatheter heart valve replacement
  • Various end-users who want to know more about the transcatheter heart valve replacement market and the latest technological developments in the transcatheter heart valve replacement market

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Frequently Asked Questions

To treat severe aortic stenosis and mitral regurgitation, a treatment known as transcatheter heart valve replacement uses a less intrusive approach to replace the heart valve with a prosthetic valve. It is a good substitute for arduous open heart surgery, especially for individuals who are at high risk.
The Global Transcatheter Heart Valve Replacement Market Size is estimated to grow at a CAGR of 13.75% during the forecast period from 2023 to 2028.
The transcatheter heart valve replacement market is expanding favorably as a result of factors including the rising prevalence of valvular diseases and aortic stenosis disorders worldwide, the growing emphasis on minimally invasive surgeries and technological advancements in surgical and device procedures, the growing burden of the elderly population susceptible to aortic stenosis, mitral regurgitation, and other cardiovascular disorders, and the presence of a growing number of transcatheter heart valve replacement procedures.
Some of the Key Transcatheter Heart Valve Replacement Devices companies in the Market include Medtronic, Boston Scientific Corporation, Bracco SpA, Edward Lifesciences, Meril Lifesciences, JenaValve Technologies Inc., Venus Medtech (Hangzhou) Inc., Abbott, Bluesail Medical Co., Ltd., Braile Biomédica, CryoLife, Inc., SMT, Peijia Medical Limited, P+F Products + Features GmbH, Livanova Plc, and others.
Key strengths of Transcatheter Heart Valve Replacement Devices Market Report are 05 Years Forecast, Global Coverage, Competitive Landscape, Market Size, Market Segmentation, Market Company Profiles, Market PORTER’s Five Forces Analysis, and Market Share.
North America is anticipated to have the largest revenue share in the worldwide transcatheter heart valve replacement market among all other regions. This can be attributed to the US-based manufacturers of transcatheter heart valve replacements, the rise in valvular diseases, aortic stenosis disorder, the burden of the ageing population, the rising number of product launches and approvals, and other factors that support the growth of the North American transcatheter heart valve replacement market.

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