Aortic Valve Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

The growing burden of aortic diseases is facilitating the aortic valve market growth across the globe. For instance, according to the Centers for Disease Control and Prevention, in 2019, nearly 9,904 deaths were caused due to aortic aneurysms or aortic dissections. Moreover, around 59% of deaths due to aortic aneurysm or aortic dissection happen among men. Furthermore, some other factors boosting the market growth in the country include the high adoption rate of minimally invasive procedures, availability of reimbursements, and rapid increase in the geriatric population

The recent COVID-19 pandemic has disrupted the healthcare industry with the emergence of SARS-COV-2. As of March 16, 2021, there have been almost 121 million cases of COVID-19 worldwide. The disease has impacted more than 210 countries and territories, with the United States confirming around one-fifth of all global cases. With this huge surge in the covid cases, the demand for aortic valves has witnessed a decline as lockdown reduced demand which led to a decrease in trading of various products, including aortic valves, and the closure of manufacturing plants due to worldwide lockdown.

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According to UnivDatos Market Insights (UMI)’ research report “Global Aortic Valve Market Analysis, 2020”, the aortic valve market is projected to grow at a CAGR of around 13% during 2021-27F. , A large number of ongoing research activities in this field, rising government and public-private investments, and various advantages associated with an aortic valve such as favorable reimbursement policies, prevention of blood coagulation when in contact with blood are some of the prominent factors contributing to the growth of the market globally.

Based on the Procedures, the market is bifurcated into open surgery and minimally invasive surgery. The minimally invasive surgery segment accounted for a considerable share in 2020 and is anticipated to register a lucrative CAGR during the forecast period as minimally invasive surgery causes less trauma to the patients and facilitates faster recovery than open-heart surgery.

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Hospital Segment to Witness Robust growth

Based on end-users, the market is bifurcated into hospitals and ambulatory surgical centers. The hospitals segment had the highest revenue and CAGR growth in the analyzed period owing to the increasing construction of hospitals and a surge in the number of heart surgeries in the hospital setting. However, ambulatory surgical centers are also likely to witness the fastest growth during the forecast period.

Europe to Grab Lion’s Share, and witnessed Explicit Growth

Based on the region, Europe dominated the global aortic valve market in 2020. The region is projected to maintain its dominance during the forecasted period 2021-27 owing to the presence of advanced healthcare infrastructure and frequent product launches in the region. Europe is expected to skyrocket with a CAGR of X% in the forecast period owing, as stated in UnivDatos Market Insights (UMI)’ research report “Global Aortic Valve Market Analysis, 2020”. 

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Aortic Valve Market include Boston Scientific Corporation, Edwards Lifesciences Corporation, CryoLife Inc., Medtronic plc, LivaNova PLC, Abbott Laboratories, JenaValve Technology Inc., Thubrikar Aortic Valve Inc., LifeNet Health Inc., Coroneo Inc. among others. The players are focused on launching products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.  

“Global Aortic Valve Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for aortic valve providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.

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Market Segmentation:

1. By Valve Type (Tissue/Biological Type and Mechanical Type)
2. By Suture Type (Sutured and Sutureless)
3. By Procedures (Open Surgery and Minimally Invasive Surgery )
4. By End-Users (Hospitals and Ambulatory Surgical Centers)
5. By Region (North America, Europe, Asia-Pacific, Rest of the World)
6. By Company (Boston Scientific Corporation, Edwards Lifesciences Corporation, CryoLife Inc., Medtronic plc, LivaNova PLC, Abbott Laboratories, JenaValve Technology Inc., Thubrikar Aortic Valve Inc., LifeNet Health Inc., Coroneo Inc., etc.)

Key questions answered in the study:

1. What are the current and future trends of the aortic valve industry?
2. How the industry has been evolving in terms of valve type, suture type, procedure, and end-users?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the aortic valve industry?
5. What is the customer orientation, purchase behavior, and expectations from aortic valve firms across various regions?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 AORTIC VALVE MARKET COVID-19 IMPACT

6 AORTIC VALVE MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY VALVE TYPE

8 MARKET INSIGHTS BY SUTURE TYPE

9 MARKET INSIGHTS BY PROCEDURE

10 MARKET INSIGHTS BY END-USERS

11 MARKET INSIGHTS BY REGION

12 AORTIC VALVE MARKET DYNAMICS

13 AORTIC VALVE MARKET OPPORTUNITIES

14 AORTIC VALVE MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

19 COMPANY PROFILED

20 DISCLAIMER

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