| Product Code: ETC13386446 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Structural Heart Devices Market was valued at USD 6300 Billion in 2024 and is expected to reach USD 11200 Billion by 2031, growing at a compound annual growth rate of 7.20% during the forecast period (2025-2031).
The Global Structural Heart Devices Market is a rapidly growing sector within the medical device industry, driven by the increasing prevalence of cardiovascular diseases worldwide. These devices are used to treat structural defects of the heart through minimally invasive procedures, offering patients less invasive treatment options compared to traditional open-heart surgeries. Key players in the market are continuously innovating to develop advanced technologies such as transcatheter aortic valve replacement (TAVR) devices, left atrial appendage closure (LAAC) devices, and mitral valve repair devices. Factors contributing to market growth include the aging population, rising adoption of minimally invasive procedures, and increasing awareness about structural heart conditions. North America and Europe currently dominate the market, but the Asia-Pacific region is expected to witness significant growth in the coming years due to improving healthcare infrastructure and rising healthcare expenditure.
The Global Structural Heart Devices Market is witnessing a surge in demand due to the increasing prevalence of structural heart diseases and a growing aging population. Technological advancements, such as minimally invasive procedures and transcatheter heart valve replacement, are driving market growth. Additionally, the rise in awareness about early diagnosis and treatment of heart conditions is creating opportunities for market expansion. The market is also benefiting from collaborations between medical device companies and healthcare providers to improve patient outcomes. However, challenges such as high costs associated with procedures and stringent regulatory requirements may hinder market growth. Overall, the Global Structural Heart Devices Market is expected to continue on an upward trajectory with a focus on innovation and improving access to advanced treatment options.
The Global Structural Heart Devices Market faces several challenges, including stringent regulations governing the approval and commercialization of innovative devices, limited reimbursement for advanced procedures, and high costs associated with developing and manufacturing these specialized devices. Additionally, the competitive landscape is intensifying with the entry of new players, leading to pricing pressures. Technological complexities and the need for specialized training for healthcare professionals further hinder market growth. Furthermore, the market is impacted by the increasing prevalence of alternative treatment options such as drug therapies and minimally invasive surgeries. Overall, navigating these challenges requires companies to invest in research and development, clinical trials, and strategic partnerships to drive innovation and market penetration.
The Global Structural Heart Devices Market is primarily driven by the increasing prevalence of cardiovascular diseases, particularly among the aging population. Technological advancements in structural heart devices, such as transcatheter aortic valve replacement (TAVR) and mitral valve repair devices, are also fueling market growth. These minimally invasive procedures offer benefits such as reduced recovery times and improved patient outcomes, driving their adoption worldwide. Additionally, the rising demand for innovative treatment options for complex heart conditions, coupled with the growing awareness about structural heart disorders, is further propelling market expansion. Moreover, favorable reimbursement policies for these procedures in developed countries and the increasing healthcare expenditure in emerging economies are contributing to the market`s growth trajectory.
Government policies related to the Global Structural Heart Devices Market focus on regulatory approval processes, reimbursement policies, and healthcare spending. Regulatory bodies such as the FDA in the United States and the European Medicines Agency (EMA) in Europe play a crucial role in approving new devices and ensuring their safety and efficacy. Reimbursement policies vary by country and impact the adoption of structural heart devices by healthcare providers. Additionally, government healthcare spending and budget allocations influence the accessibility of these devices to patients. Overall, government policies aim to strike a balance between encouraging innovation in the market while ensuring patient safety, affordability, and access to advanced treatments for structural heart conditions.
The Global Structural Heart Devices Market is expected to experience significant growth in the coming years due to increasing prevalence of structural heart diseases, advancements in minimally invasive techniques, and rising geriatric population. Technological innovations such as transcatheter heart valves and repair devices are driving market expansion as they offer less invasive treatment options and faster recovery times compared to traditional surgeries. Additionally, the growing demand for efficient and cost-effective procedures, along with improving healthcare infrastructure in emerging economies, will further propel market growth. However, challenges such as high costs associated with these devices and stringent regulatory requirements may hinder the market`s full potential. Overall, the Global Structural Heart Devices Market is poised for substantial growth opportunities in the foreseeable future.
In the global structural heart devices market, North America is the largest market due to high healthcare expenditure and advanced healthcare infrastructure. Europe follows closely behind, driven by the increasing prevalence of structural heart diseases and a growing aging population. The Asia Pacific region is expected to witness significant growth, attributed to improving healthcare facilities and rising awareness about structural heart diseases. In the Middle East and Africa region, the market is expanding due to the increasing adoption of advanced medical technologies. Latin America shows steady growth, driven by a rising geriatric population and improving access to healthcare services. Overall, the structural heart devices market is projected to see continued growth across all regions, with technological advancements and increasing prevalence of heart diseases contributing to market expansion.
Global Structural Heart Devices Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Structural Heart Devices Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Structural Heart Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Global Structural Heart Devices Market - Industry Life Cycle |
3.4 Global Structural Heart Devices Market - Porter's Five Forces |
3.5 Global Structural Heart Devices Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Structural Heart Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Structural Heart Devices Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
4 Global Structural Heart Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Structural Heart Devices Market Trends |
6 Global Structural Heart Devices Market, 2021 - 2031 |
6.1 Global Structural Heart Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Structural Heart Devices Market, Revenues & Volume, By Herat Valve Devices, 2021 - 2031 |
6.1.3 Global Structural Heart Devices Market, Revenues & Volume, By Surgical Heart Valves, 2021 - 2031 |
6.1.4 Global Structural Heart Devices Market, Revenues & Volume, By Transcatheter Heart Valves, 2021 - 2031 |
6.1.5 Global Structural Heart Devices Market, Revenues & Volume, By Occluders and Delivery Systems, 2021 - 2031 |
6.1.6 Global Structural Heart Devices Market, Revenues & Volume, By Annuloplasty Rings, 2021 - 2031 |
6.1.7 Global Structural Heart Devices Market, Revenues & Volume, By Other Devices, 2021 - 2031 |
6.1.8 Global Structural Heart Devices Market, Revenues & Volume, By Accessories, 2021 - 2031 |
6.2 Global Structural Heart Devices Market, Revenues & Volume, By Procedure, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Structural Heart Devices Market, Revenues & Volume, By Replacement Procedures, 2021 - 2031 |
6.2.3 Global Structural Heart Devices Market, Revenues & Volume, By TAVR Procedures, 2021 - 2031 |
6.2.4 Global Structural Heart Devices Market, Revenues & Volume, By SAVR Procedures, 2021 - 2031 |
6.2.5 Global Structural Heart Devices Market, Revenues & Volume, By Repair Procedures, 2021 - 2031 |
6.2.6 Global Structural Heart Devices Market, Revenues & Volume, By Closure Procedures, 2021 - 2031 |
6.2.7 Global Structural Heart Devices Market, Revenues & Volume, By Annuloplasty, 2021 - 2031 |
6.2.8 Global Structural Heart Devices Market, Revenues & Volume, By Valvuloplasty, 2021 - 2031 |
6.2.9 Global Structural Heart Devices Market, Revenues & Volume, By TMVR Procedures, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Structural Heart Devices Market, Overview & Analysis |
7.1 North America Structural Heart Devices Market Revenues & Volume, 2021 - 2031 |
7.2 North America Structural Heart Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Structural Heart Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Structural Heart Devices Market, Revenues & Volume, By Procedure, 2021 - 2031 |
8 Latin America (LATAM) Structural Heart Devices Market, Overview & Analysis |
8.1 Latin America (LATAM) Structural Heart Devices Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Structural Heart Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Structural Heart Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Structural Heart Devices Market, Revenues & Volume, By Procedure, 2021 - 2031 |
9 Asia Structural Heart Devices Market, Overview & Analysis |
9.1 Asia Structural Heart Devices Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Structural Heart Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Structural Heart Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Structural Heart Devices Market, Revenues & Volume, By Procedure, 2021 - 2031 |
10 Africa Structural Heart Devices Market, Overview & Analysis |
10.1 Africa Structural Heart Devices Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Structural Heart Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Structural Heart Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Structural Heart Devices Market, Revenues & Volume, By Procedure, 2021 - 2031 |
11 Europe Structural Heart Devices Market, Overview & Analysis |
11.1 Europe Structural Heart Devices Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Structural Heart Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Structural Heart Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Structural Heart Devices Market, Revenues & Volume, By Procedure, 2021 - 2031 |
12 Middle East Structural Heart Devices Market, Overview & Analysis |
12.1 Middle East Structural Heart Devices Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Structural Heart Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Structural Heart Devices Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Structural Heart Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Structural Heart Devices Market, Revenues & Volume, By Procedure, 2021 - 2031 |
13 Global Structural Heart Devices Market Key Performance Indicators |
14 Global Structural Heart Devices Market - Export/Import By Countries Assessment |
15 Global Structural Heart Devices Market - Opportunity Assessment |
15.1 Global Structural Heart Devices Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Structural Heart Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Structural Heart Devices Market Opportunity Assessment, By Procedure, 2021 & 2031F |
16 Global Structural Heart Devices Market - Competitive Landscape |
16.1 Global Structural Heart Devices Market Revenue Share, By Companies, 2024 |
16.2 Global Structural Heart Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |