Enjoy complimentary customisation on priority with our Enterprise License!
The prosthetic heart valves market size is estimated to grow by USD 4.83 billion at a CAGR of 10.03% between 2023 and 2028. The market is witnessing significant growth due to the rising prevalence of heart-related disorders, particularly valvular heart diseases. According to the American Heart Association, an estimated 11.3 million adults in the United States live with heart disease, and heart valve disease affects approximately 5% of the population. The emergence of MRI-conditional heart valves is another key trend driving market growth, as these devices enable patients to undergo MRI scans without the risk of valve damage. However, complications associated with prosthetic heart valve replacement, such as thromboembolic events and structural valve deterioration, remain challenges for market players. Additionally, the high cost of prosthetic heart valves and the availability of alternative treatments, such as transcatheter aortic valve replacement (TAVR), pose significant barriers to market growth. Despite these challenges, the market is expected to continue expanding due to the increasing demand for minimally invasive procedures and the development of advanced, durable valve technologies.
For More Highlights About this Report, Request Free Sample
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.