| Product Code: ETC348270 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam structural heart devices market has been experiencing significant growth in recent years. Structural heart devices are medical devices used to treat heart conditions that affect the heart`s structural components, such as valves and chambers. As the population ages and lifestyle-related heart diseases become more prevalent, the demand for these devices has been on the rise. Moreover, advancements in medical technology and increased awareness of heart health have contributed to the expansion of this market. Key players in the industry are continually innovating to provide more effective and minimally invasive solutions for patients with structural heart issues. The market is expected to continue its growth trajectory as healthcare infrastructure and access to advanced medical procedures improve in Vietnam.
The Vietnam structural heart devices market is witnessing growth due to several factors, including the aging population and a rising prevalence of cardiovascular diseases. As the population ages, the incidence of structural heart conditions, such as valve diseases, increases. Moreover, advancements in medical technology have led to minimally invasive procedures for repairing structural heart defects, driving the adoption of structural heart devices. Additionally, increasing healthcare infrastructure and awareness of heart health have contributed to the market`s expansion.
Challenges in the Vietnam structural heart devices market include limited healthcare infrastructure, regulatory hurdles, and affordability issues. Expanding access to advanced structural heart devices can be hindered by healthcare infrastructure limitations, while regulatory processes may require significant time and resources. Moreover, ensuring affordability for patients in a developing healthcare system is a complex challenge.
The COVID-19 pandemic had a notable impact on the Vietnam Structural Heart Devices Market. Initially, elective surgeries, including those related to structural heart devices, were postponed or canceled to prioritize COVID-19 patients. This led to a decline in procedures and device implantations. As healthcare systems adapted and prioritized patient safety, the market gradually rebounded. Structural heart procedures resumed, and demand for related devices recovered, albeit at a slower pace.
The Vietnam Structural Heart Devices market features several global medical device companies. Medtronic is a key player, offering a wide range of structural heart solutions, including transcatheter heart valves and septal occluders. Their commitment to innovation and clinical excellence sets them apart. Additionally, Edwards Lifesciences is recognized for its expertise in heart valve technology and therapies. They have a significant presence in Vietnam, catering to the growing demand for structural heart devices.
| 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 Vietnam Structural Heart Devices Market Overview | 
| 3.1 Vietnam Country Macro Economic Indicators | 
| 3.2 Vietnam Structural Heart Devices Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Vietnam Structural Heart Devices Market - Industry Life Cycle | 
| 3.4 Vietnam Structural Heart Devices Market - Porter's Five Forces | 
| 3.5 Vietnam Structural Heart Devices Market Revenues & Volume Share, By Product, 2021 & 2031F | 
| 3.6 Vietnam Structural Heart Devices Market Revenues & Volume Share, By Procedure, 2021 & 2031F | 
| 4 Vietnam Structural Heart Devices Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing prevalence of cardiovascular diseases in Vietnam. | 
| 4.2.2 Growing awareness about minimally invasive procedures for heart conditions. | 
| 4.2.3 Technological advancements in structural heart devices. | 
| 4.2.4 Rising healthcare expenditure in Vietnam. | 
| 4.3 Market Restraints | 
| 4.3.1 High cost associated with structural heart devices. | 
| 4.3.2 Limited access to advanced healthcare facilities in rural areas. | 
| 4.3.3 Stringent regulatory requirements for approval of structural heart devices. | 
| 5 Vietnam Structural Heart Devices Market Trends | 
| 6 Vietnam Structural Heart Devices Market, By Types | 
| 6.1 Vietnam Structural Heart Devices Market, By Product | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Vietnam Structural Heart Devices Market Revenues & Volume, By Product, 2021-2031F | 
| 6.1.3 Vietnam Structural Heart Devices Market Revenues & Volume, By Herat Valve Devices, 2021-2031F | 
| 6.1.4 Vietnam Structural Heart Devices Market Revenues & Volume, By Surgical Heart Valves, 2021-2031F | 
| 6.1.5 Vietnam Structural Heart Devices Market Revenues & Volume, By Transcatheter Heart Valves, 2021-2031F | 
| 6.1.6 Vietnam Structural Heart Devices Market Revenues & Volume, By Occluders and Delivery Systems, 2021-2031F | 
| 6.1.7 Vietnam Structural Heart Devices Market Revenues & Volume, By Annuloplasty Rings, 2021-2031F | 
| 6.1.8 Vietnam Structural Heart Devices Market Revenues & Volume, By Other Devices, 2021-2031F | 
| 6.2 Vietnam Structural Heart Devices Market, By Procedure | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Vietnam Structural Heart Devices Market Revenues & Volume, By Replacement Procedures, 2021-2031F | 
| 6.2.3 Vietnam Structural Heart Devices Market Revenues & Volume, By TAVR Procedures, 2021-2031F | 
| 6.2.4 Vietnam Structural Heart Devices Market Revenues & Volume, By SAVR Procedures, 2021-2031F | 
| 6.2.5 Vietnam Structural Heart Devices Market Revenues & Volume, By Repair Procedures, 2021-2031F | 
| 6.2.6 Vietnam Structural Heart Devices Market Revenues & Volume, By Closure Procedures, 2021-2031F | 
| 6.2.7 Vietnam Structural Heart Devices Market Revenues & Volume, By Annuloplasty, 2021-2031F | 
| 6.2.8 Vietnam Structural Heart Devices Market Revenues & Volume, By TMVR Procedures, 2021-2031F | 
| 6.2.9 Vietnam Structural Heart Devices Market Revenues & Volume, By TMVR Procedures, 2021-2031F | 
| 7 Vietnam Structural Heart Devices Market Import-Export Trade Statistics | 
| 7.1 Vietnam Structural Heart Devices Market Export to Major Countries | 
| 7.2 Vietnam Structural Heart Devices Market Imports from Major Countries | 
| 8 Vietnam Structural Heart Devices Market Key Performance Indicators | 
| 8.1 Number of hospitals offering structural heart procedures. | 
| 8.2 Adoption rate of minimally invasive structural heart procedures. | 
| 8.3 Number of trained healthcare professionals specializing in structural heart procedures. | 
| 9 Vietnam Structural Heart Devices Market - Opportunity Assessment | 
| 9.1 Vietnam Structural Heart Devices Market Opportunity Assessment, By Product, 2021 & 2031F | 
| 9.2 Vietnam Structural Heart Devices Market Opportunity Assessment, By Procedure, 2021 & 2031F | 
| 10 Vietnam Structural Heart Devices Market - Competitive Landscape | 
| 10.1 Vietnam Structural Heart Devices Market Revenue Share, By Companies, 2024 | 
| 10.2 Vietnam Structural Heart Devices Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |