Global Structural Heart Devices Market Forecast up to 2024

  • Product Code:
    RP-ID-10078152
  • Published Date:
    Mar 2019
  • Region:
    Global
  • Pages:
    97
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Infoholic Research
Global Structural Heart Devices Market – Drivers, Restraints, Opportunities, Trends, and Forecast: 2018–2024
Overview: Structural heart disease are the abnormalities in the heart by birth or which develop later in life because of aging, infections, or injury, which leads to heart attacks and other underlying ailments. The term structural heart disease involves a range of ailments linked with congestive heart failure (CHF) and embolic stroke, together with atrial septal defect (ASD), ventricular septal defect (VSD), patent foramen ovale (PFO) and left atrial appendix (LAA).
Increasing aging population, increasing prevalence of cardiovascular diseases, and increase in minimally invasive surgery for structural heart diseases are the factors aiding for the growth of the structural heart devices market. Increase healthcare spending, increase in the number of outpatient procedures, and market expansion opportunities in emerging nations are providing an opportunity for the market growth. However, lack of skilled healthcare professionals and stringent regulatory approval process are hampering the market growth.
Market Analysis: The “Global Structural Heart Devices Market” is estimated to witness a CAGR of 10.2% during the forecast period 2018–2024. The structural heart devices market is analyzed based on three segments – Type, End Users, and Regions.
Regional Analysis: The regions covered in the report are North America, Europe, Asia Pacific, and Rest of the World (ROW). North America accounts for the largest share of the structural heart devices market, followed by Europe, Asia Pacific, and Rest of the World. More than 40% of the market is occupied by North America, with the US being the major contributor to the market growth in 2017.
Type Analysis: Based on the type, the market is segmented into structural heart repair devices and structural heart replacement devices. The major share holder of the market are structural heart replacement devices and is also the fastest growing segment in the market.
End Users Analysis: Based on the end users, the market is segmented into hospitals, ambulatory surgical centers, and cardiac centers. The hospitals are the largest among end-users and are preferred for the treatment due to the advantages such as availability of surgery specialists, reimbursement facility, and availability of high end equipment for the surgery.
Key Players: The major players in the market are Abbott Laboratories, Boston Scientific Corporation, Medtronic plc, Edward LifeSciences Corp., and LivaNova PLC. Lepu Medical Technology, CryoLife, Inc., JenaValve Technologies GmbH, TTK Healthcare, and Braile Biomédica, are the key other key players in the market.
Competitive Analysis: Mergers and acquisitions has been the major strategy followed by major players in the market to maintain their leadership in the market. Edwards congealed its position in the mitral valve market by buying the Harpoon Medical, the DMR-focused chordal surgical mitral valve repair startup company for ~$100M upfront. Many players in the market are flooding into the TMVR arena, the market can expect strong and innovative state-of-the-art technologies, creating intense competition in the future. A Canadian company, NeoVasc has developed a novel technology device named Tiara to replace any regurgitation of mitral valves. However, these devices have not gained approval yet and as such are lagging far behind the MitraClip. As a result, Abbott Vascular will have many years to solidify its place as the market leader in TMVR solutions.
Benefits: The report provides complete details about the usage and adoption rate of structural heart devices in various regions. With that, key stakeholders can know about the major trends, drivers, investments, and vertical player’s initiatives. Moreover, the report provides details about the major challenges that are going to impact on the market growth. Additionally, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the specific verticals to analyze before investing or expanding the business in this market.
Key Stakeholders:


Table of Contents
1 Industry Outlook 8
1.1 Industry Overview 8
1.2 Total Addressable Market 9
2 Report Outline 12
2.1 Report Scope 12
2.2 Report Summary 12
2.3 Research Methodology 13
2.4 Report Assumptions 14
3 Market Snapshot 15
3.1 Market Definition – Infoholic Research 15
3.2 Segmented Addressable Market (SAM) 15
3.2.1 Symptoms of Structural Heart Disease 15
3.3 Industry Trends 16
3.4 Related Markets 16
3.4.1 Cardiovascular Drugs 16
3.4.1.1 Trends of the cardiovascular drugs market 17
3.4.2 Cardiovascular Diagnostics 17
3.4.3 Prosthetic Heart Valves 18
4 Market Outlook 20
4.1 Reimbursement 20
4.2 Porter 5 (Five) Forces 23
5 Market Characteristics 25
5.1 Evolution 25
5.2 Market Segmentation 25
5.3 Market Dynamics 26
5.3.1 Drivers 26
5.3.1.1 Increase in minimally invasive surgery for structural heart diseases 26
5.3.1.2 Increasing prevalence of cardiovascular diseases 27
5.3.1.3 Increasing aging population 27
5.3.2 Restraints 28
5.3.2.1 Stringent regulatory approval process 28
5.3.2.2 Lack of skilled healthcare professionals 28
5.3.3 Opportunities 28
5.3.3.1 Increase in healthcare spending 28
5.3.3.2 Increase in the number of outpatient procedures 29
5.3.3.3 Market expansion opportunities in emerging nations 29
5.3.4 DRO – Impact Analysis 30
5.4 Key Stakeholders 31
6 Types: Market Size and Analysis 32
6.1 Overview 32
6.2 Structural Heart Repair Devices 33
6.2.1 Surgical Heart Repair Devices 35
6.2.2 Transcatheter Heart Repair Devices 35
6.3 Structural Heart Replacement Devices 37
6.3.1 Surgical Heart Replacement Devices 38
6.3.2 Transcatheter Heart Replacement Devices 40
7 End Users: Market Size and Analysis 44
7.1 Overview 44
7.2 Hospitals 44
7.3 Ambulatory Surgical Center 45
7.4 Cardiac Centers 46
8 Regions: Market Size and Analysis 47
8.1 Overview 47
8.2 North America 48
8.2.1 Overview 48
8.3 Europe 50
8.3.1 Overview 50
8.4 Asia Pacific 51
8.4.1 Overview 51
8.5 Rest of the World 53
8.5.1 Overview 53
9 Competitive Landscape 56
10 Vendors Profile 58
10.1 Abbott Laboratories 58
10.1.1 Overview 58
10.1.2 Business Units 60
10.1.3 Geographic Presence 62
10.1.4 Business Focus 62
10.1.5 SWOT Analysis 63
10.1.6 Business Strategies 63
10.2 Boston Scientific Corp. 64
10.2.1 Overview 64
10.2.2 Business Units 66
10.2.3 Geographic Presence 67
10.2.4 Business Focus 67
10.2.5 SWOT Analysis 68
10.2.6 Business Strategies 68
10.3 Medtronic plc 69
10.3.1 Overview 69
10.3.2 Business Units 78
10.3.3 Geographic Presence 79
10.3.4 Business Focus 79
10.3.5 SWOT Analysis 80
10.3.6 Business Strategies 80
10.4 Edwards Lifesciences Corp. 81
10.4.1 Overview 81
10.4.2 Business Units 83
10.4.3 Geographic Presence 84
10.4.4 Business Focus 84
10.4.5 SWOT Analysis 85
10.4.6 Business Strategies 85
10.5 LivaNova, PLC 86
10.5.1 Overview 86
10.5.2 Business Units 88
10.5.3 Geographic Presence 89
10.5.4 Business Focus 89
10.5.5 SWOT Analysis 90
10.5.6 Business Strategies 90
11 Companies to Watch for 91
11.1 Lepu Medical Technology Co., Ltd. 91
11.1.1 Overview 91
11.1.2 Key Highlights 92
11.2 CryoLife, Inc 92
11.2.1 Overview 92
11.2.2 Key Highlights 93
11.3 JenaValve Technology GmbH 93
11.3.1 Overview 93
11.3.2 Key Highlights 94
11.4 TTK Healthcare Ltd. 94
11.4.1 Overview 94
11.4.2 Key Highlights 95
11.5 Braile Biomédica 95
11.5.1 Overview 95
Annexure 96
 Acronyms 96


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bbott Laboratories, Boston Scientific Corporation, Medtronic plc, Edward LifeSciences Corp., and LivaNova PLC. Lepu Medical Technology, CryoLife, Inc., JenaValve Technologies GmbH, TTK Healthcare, and Braile Biomédica
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