Product Code: ETC348279 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The structural heart devices market in Saudi Arabia focuses on medical devices designed to treat structural heart conditions. These conditions involve abnormalities or defects in the heart`s valves, chambers, or walls that require specialized intervention. Structural heart devices, including transcatheter heart valves and occluders, offer minimally invasive treatment options. The market`s growth is driven by advancements in medical technology, increasing prevalence of cardiovascular diseases, and the preference for less invasive procedures that lead to shorter recovery times for patients.
In the Saudi Arabia structural heart devices market, the rising prevalence of cardiovascular diseases and the growing aging population are key drivers. Structural heart devices are crucial in addressing heart-related conditions and disorders, such as valve defects and congenital heart diseases. The increasing awareness about advanced medical treatments and the need for minimally invasive procedures have further propelled the demand for structural heart devices in the healthcare sector.
Challenges in the Saudi Arabia structural heart devices market include regulatory approval processes and ensuring patient safety. Navigating the complex regulatory landscape and conducting rigorous clinical trials to demonstrate device efficacy and safety are significant challenges. Moreover, educating healthcare professionals about these advanced devices presents further hurdles.
The structural heart devices market in Saudi Arabia faced challenges during the COVID-19 pandemic. Non-urgent medical procedures were postponed to prioritize COVID-19 patients and reduce the risk of transmission. This affected elective procedures related to structural heart interventions. Patients were reluctant to undergo procedures due to fears of exposure to the virus in healthcare settings. As vaccination efforts increased and healthcare facilities adapted to safety protocols, the market saw a gradual recovery. The resumption of elective procedures and the growing awareness of the importance of cardiovascular health contributed to the market`s rebound.
The Saudi Arabia structural heart devices market is witnessing significant growth due to the increasing prevalence of cardiovascular disorders and growing population. Major players operating in this market are Medtronic, Boston Scientific Corporation, Abbott Laboratories, Edwards Lifesciences Corporation, St. Jude Medical (acquired by Abbott Laboratories), CryoLife Inc., LivaNova PLC (previously known as Sorin Group Deutschland GmbH) and Transcatheter Technologies GmbH. These companies are constantly involved in launching innovative products such as transcatheter aortic valves for treating valvular diseases which helps them capture larger share of the market. They also provide competitive pricing options for their products in order to boost sales.
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 Saudi Arabia Structural Heart Devices Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Structural Heart Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Structural Heart Devices Market - Industry Life Cycle |
3.4 Saudi Arabia Structural Heart Devices Market - Porter's Five Forces |
3.5 Saudi Arabia Structural Heart Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Saudi Arabia Structural Heart Devices Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
4 Saudi Arabia Structural Heart Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Structural Heart Devices Market Trends |
6 Saudi Arabia Structural Heart Devices Market, By Types |
6.1 Saudi Arabia Structural Heart Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Herat Valve Devices, 2021-2031F |
6.1.4 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Surgical Heart Valves, 2021-2031F |
6.1.5 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Transcatheter Heart Valves, 2021-2031F |
6.1.6 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Occluders and Delivery Systems, 2021-2031F |
6.1.7 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Annuloplasty Rings, 2021-2031F |
6.1.8 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Other Devices, 2021-2031F |
6.2 Saudi Arabia Structural Heart Devices Market, By Procedure |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Replacement Procedures, 2021-2031F |
6.2.3 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By TAVR Procedures, 2021-2031F |
6.2.4 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By SAVR Procedures, 2021-2031F |
6.2.5 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Repair Procedures, 2021-2031F |
6.2.6 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Closure Procedures, 2021-2031F |
6.2.7 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By Annuloplasty, 2021-2031F |
6.2.8 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By TMVR Procedures, 2021-2031F |
6.2.9 Saudi Arabia Structural Heart Devices Market Revenues & Volume, By TMVR Procedures, 2021-2031F |
7 Saudi Arabia Structural Heart Devices Market Import-Export Trade Statistics |
7.1 Saudi Arabia Structural Heart Devices Market Export to Major Countries |
7.2 Saudi Arabia Structural Heart Devices Market Imports from Major Countries |
8 Saudi Arabia Structural Heart Devices Market Key Performance Indicators |
9 Saudi Arabia Structural Heart Devices Market - Opportunity Assessment |
9.1 Saudi Arabia Structural Heart Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Saudi Arabia Structural Heart Devices Market Opportunity Assessment, By Procedure, 2021 & 2031F |
10 Saudi Arabia Structural Heart Devices Market - Competitive Landscape |
10.1 Saudi Arabia Structural Heart Devices Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Structural Heart Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |