Global Aortic Valve Replacement Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Balloon-expandable, Self-expandable, Mechanically Expandable, and Aortic Regurgitation.

By Leaflet Material;

Bovine Pericardium and Porcine Pericardium.

By Frame Material;

Cobalt-Chromium, Nitinol, and Others.

By End-user;

Inpatient Facilities and Outpatient Facilities.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn158625244 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Aortic Valve Replacement Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Aortic Valve Replacement Devices Market was valued at USD 9,225.62 million. The size of this market is expected to increase to USD 16,649.37 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.8%.

The Global Market for Aortic Valve Replacement devices has witnessed substantial growth in recent years, with a projected upward trajectory over the forecast period. Key factors driving this growth include the increasing prevalence of valvular diseases such as aortic stenosis and aortic regurgitation, as well as the rising preference for minimally invasive surgical procedures. A significant contributor to the expansion of this market is the aging population worldwide, particularly notable in regions like North America. In the United States alone, the elderly population is projected to double by 2050, with a corresponding rise in the prevalence of aortic stenosis. Such demographic shifts, coupled with favorable reimbursement rates, are expected to fuel demand for aortic valve replacement surgeries.

Aortic valve replacement (AVR), including both surgical and transcatheter approaches, remains the recommended treatment for aortic stenosis, as there are currently no medications available to reverse its effects. These surgical interventions not only prolong life but also improve the quality of life for affected individuals. Advancements in technology, particularly the minimally invasive transcatheter aortic valve replacement (TAVR) procedure, have further enhanced patient outcomes and increased awareness of treatment options. Initiatives undertaken by government organizations and professional associations aim to raise awareness about valvular diseases and improve access to life-saving treatments like TAVR. Such initiatives contribute to the overall growth of the aortic valve replacement device market by addressing barriers to therapy implementation and improving patient outcomes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Leaflet Material
    3. Market Snapshot, By Frame Material
    4. Market Snapshot, By End-user
    5. Market Snapshot, By Region
  4. Global Aortic Valve Replacement Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Valvular Diseases
        2. Continuous Advancements in Medical Technology
        3. Growing Geriatric Population
        4. Rising Awareness and Screening Programs
        5. Favorable Reimbursement Policies
      2. Restraints
        1. Risk of Complications and Adverse Events
        2. Limited Access to Advanced Healthcare Facilities
        3. Stringent Regulatory Requirements
        4. Alternative Treatment Options
      3. Opportunities
        1. Focus on Patient-Centric Innovation
        2. Strategic Partnerships and Collaborations
        3. Investment in R&D for Novel Technologies
        4. Focus on Tailored Solutions for High-Risk Patients
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Aortic Valve Replacement Devices Market, By Product , 2021 - 2031 (USD Million)
      1. Balloon-expandable
      2. Self-expandable
      3. Mechanically Expandable
      4. Aortic Regurgitation
    2. Global Aortic Valve Replacement Devices Market, By Leaflet Material , 2021 - 2031 (USD Million)
      1. Bovine Pericardium
      2. Porcine Pericardium
    3. Global Aortic Valve Replacement Devices Market, By Frame Material , 2021 - 2031 (USD Million)
      1. Cobalt-Chromium
      2. Nitinol
      3. Others
    4. Global Aortic Valve Replacement Devices Market, By End-user, 2021 - 2031 (USD Million)
      1. Inpatient Facilities
      2. Outpatient Facilities
    5. Global Aortic Valve Replacement Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Boston Scientific Corporation
      2. Medtronic
      3. St. Jude Medical
      4. LivoNova
      5. Edwards Lifesciences Corporation
      6. CryoLife
  7. Analyst Views
  8. Future Outlook of the Market