Heart Valve Repair And Replacement Devices Market Size 2025-2029
The heart valve repair and replacement devices market size is forecast to increase by USD 3.73 billion at a CAGR of 9.1% between 2024 and 2029.
- The market is experiencing significant growth, driven by the adoption of data-oriented technologies such as transesophageal echocardiography and transcatheter heart valve replacement techniques. These innovations enable minimally invasive procedures, reducing recovery time and improving patient outcomes. However, the market faces challenges, including increasing competition and the shortage of cardiologists. The scarcity of specialized healthcare professionals may hinder market expansion, necessitating strategies to attract and retain talent.
- Additionally, regulatory approvals and reimbursement policies pose further obstacles, requiring companies to navigate complex regulatory landscapes and secure adequate financial support for their products. To capitalize on market opportunities and navigate challenges effectively, companies must focus on product innovation, strategic partnerships, and addressing the shortage of cardiologists through training and recruitment initiatives.
What will be the Size of the Heart Valve Repair And Replacement Devices Market during the forecast period?

1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Deployment
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Heart Valve Repair And Replacement Devices Market 2019 - 2023
- Historic Market Size - Data Table on Global Heart Valve Repair And Replacement Devices Market 2019 - 2023 ($ million)
- 5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
- 5.3 Deployment segment analysis 2019 - 2023
- Historic Market Size - Deployment Segment 2019 - 2023 ($ million)
- 5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 The AI impact on heart valve repair and replacement devices market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
- 8.1 Market segments
- Chart on Product - Market share (2024-2029) (%)
- Data Table on Product - Market share (2024-2029) (%)
- 8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 8.3 HV replacement devices - Market size and forecast (2024-2029)
- Chart on HV replacement devices - Market size and forecast (2024-2029) ($ million)
- Data Table on HV replacement devices - Market size and forecast (2024-2029) ($ million)
- Chart on HV replacement devices - Year-over-year growth (2024-2029) (%)
- Data Table on HV replacement devices - Year-over-year growth (2024-2029) (%)
- 8.4 HV repair devices - Market size and forecast (2024-2029)
- Chart on HV repair devices - Market size and forecast (2024-2029) ($ million)
- Data Table on HV repair devices - Market size and forecast (2024-2029) ($ million)
- Chart on HV repair devices - Year-over-year growth (2024-2029) (%)
- Data Table on HV repair devices - Year-over-year growth (2024-2029) (%)
- 8.5 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Deployment
- 9.1 Market segments
- Chart on Deployment - Market share (2024-2029) (%)
- Data Table on Deployment - Market share (2024-2029) (%)
- 9.2 Comparison by Deployment
- Chart on Comparison by Deployment
- Data Table on Comparison by Deployment
- 9.3 Minimally invasive surgery - Market size and forecast (2024-2029)
- Chart on Minimally invasive surgery - Market size and forecast (2024-2029) ($ million)
- Data Table on Minimally invasive surgery - Market size and forecast (2024-2029) ($ million)
- Chart on Minimally invasive surgery - Year-over-year growth (2024-2029) (%)
- Data Table on Minimally invasive surgery - Year-over-year growth (2024-2029) (%)
- 9.4 Transcatheter surgeries - Market size and forecast (2024-2029)
- Chart on Transcatheter surgeries - Market size and forecast (2024-2029) ($ million)
- Data Table on Transcatheter surgeries - Market size and forecast (2024-2029) ($ million)
- Chart on Transcatheter surgeries - Year-over-year growth (2024-2029) (%)
- Data Table on Transcatheter surgeries - Year-over-year growth (2024-2029) (%)
- 9.5 Open surgeries - Market size and forecast (2024-2029)
- Chart on Open surgeries - Market size and forecast (2024-2029) ($ million)
- Data Table on Open surgeries - Market size and forecast (2024-2029) ($ million)
- Chart on Open surgeries - Year-over-year growth (2024-2029) (%)
- Data Table on Open surgeries - Year-over-year growth (2024-2029) (%)
- 9.6 Market opportunity by Deployment
- Market opportunity by Deployment ($ million)
- Data Table on Market opportunity by Deployment ($ million)
10 Market Segmentation by Indication
- 10.1 Market segments
- Chart on Indication - Market share (2024-2029) (%)
- Data Table on Indication - Market share (2024-2029) (%)
- 10.2 Comparison by Indication
- Chart on Comparison by Indication
- Data Table on Comparison by Indication
- 10.3 Valvular Stenosis - Market size and forecast (2024-2029)
- Chart on Valvular Stenosis - Market size and forecast (2024-2029) ($ million)
- Data Table on Valvular Stenosis - Market size and forecast (2024-2029) ($ million)
- Chart on Valvular Stenosis - Year-over-year growth (2024-2029) (%)
- Data Table on Valvular Stenosis - Year-over-year growth (2024-2029) (%)
- 10.4 Valvular Insufficiency - Market size and forecast (2024-2029)
- Chart on Valvular Insufficiency - Market size and forecast (2024-2029) ($ million)
- Data Table on Valvular Insufficiency - Market size and forecast (2024-2029) ($ million)
- Chart on Valvular Insufficiency - Year-over-year growth (2024-2029) (%)
- Data Table on Valvular Insufficiency - Year-over-year growth (2024-2029) (%)
- 10.5 Valvular Insufficiency - Market size and forecast (2024-2029)
- Chart on Valvular Insufficiency - Market size and forecast (2024-2029) ($ million)
- Data Table on Valvular Insufficiency - Market size and forecast (2024-2029) ($ million)
- Chart on Valvular Insufficiency - Year-over-year growth (2024-2029) (%)
- Data Table on Valvular Insufficiency - Year-over-year growth (2024-2029) (%)
- 10.6 Others - Market size and forecast (2024-2029)
- Chart on Others - Market size and forecast (2024-2029) ($ million)
- Data Table on Others - Market size and forecast (2024-2029) ($ million)
- Chart on Others - Year-over-year growth (2024-2029) (%)
- Data Table on Others - Year-over-year growth (2024-2029) (%)
- 10.7 Market opportunity by Indication
- Market opportunity by Indication ($ million)
- Data Table on Market opportunity by Indication ($ million)
11 Market Segmentation by Other
- 11.1 Market segments
- Chart on Other - Market share (2024-2029) (%)
- Data Table on Other - Market share (2024-2029) (%)
- 11.2 Comparison by Other
- Chart on Comparison by Other
- Data Table on Comparison by Other
- 11.3 Hospital - Market size and forecast (2024-2029)
- Chart on Hospital - Market size and forecast (2024-2029) ($ million)
- Data Table on Hospital - Market size and forecast (2024-2029) ($ million)
- Chart on Hospital - Year-over-year growth (2024-2029) (%)
- Data Table on Hospital - Year-over-year growth (2024-2029) (%)
- 11.4 Specialty Centers - Market size and forecast (2024-2029)
- Chart on Specialty Centers - Market size and forecast (2024-2029) ($ million)
- Data Table on Specialty Centers - Market size and forecast (2024-2029) ($ million)
- Chart on Specialty Centers - Year-over-year growth (2024-2029) (%)
- Data Table on Specialty Centers - Year-over-year growth (2024-2029) (%)
- 11.5 Ambulatory Surgical Centers - Market size and forecast (2024-2029)
- Chart on Ambulatory Surgical Centers - Market size and forecast (2024-2029) ($ million)
- Data Table on Ambulatory Surgical Centers - Market size and forecast (2024-2029) ($ million)
- Chart on Ambulatory Surgical Centers - Year-over-year growth (2024-2029) (%)
- Data Table on Ambulatory Surgical Centers - Year-over-year growth (2024-2029) (%)
- 11.6 Others - Market size and forecast (2024-2029)
- Chart on Others - Market size and forecast (2024-2029) ($ million)
- Data Table on Others - Market size and forecast (2024-2029) ($ million)
- Chart on Others - Year-over-year growth (2024-2029) (%)
- Data Table on Others - Year-over-year growth (2024-2029) (%)
- 11.7 Market opportunity by Other
- Market opportunity by Other ($ million)
- Data Table on Market opportunity by Other ($ million)
12 Customer Landscape
- 12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Geographic Landscape
- 13.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 13.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 13.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 13.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 13.5 Asia - Market size and forecast 2024-2029
- Chart on Asia - Market size and forecast 2024-2029 ($ million)
- Data Table on Asia - Market size and forecast 2024-2029 ($ million)
- Chart on Asia - Year-over-year growth 2024-2029 (%)
- Data Table on Asia - Year-over-year growth 2024-2029 (%)
- 13.6 Rest of World (ROW) - Market size and forecast 2024-2029
- Chart on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
- 13.7 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 13.8 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 13.9 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 13.10 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 13.11 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 13.12 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 13.13 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 13.14 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 13.15 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 13.16 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ million)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
- 13.17 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
- 13.18 South Korea - Market size and forecast (2024-2029)
- Chart on South Korea - Market size and forecast (2024-2029) ($ million)
- Data Table on South Korea - Market size and forecast (2024-2029) ($ million)
- Chart on South Korea - Year-over-year growth (2024-2029) (%)
- Data Table on South Korea - Year-over-year growth (2024-2029) (%)
- 13.19 UAE - Market size and forecast (2024-2029)
- Chart on UAE - Market size and forecast (2024-2029) ($ million)
- Data Table on UAE - Market size and forecast (2024-2029) ($ million)
- Chart on UAE - Year-over-year growth (2024-2029) (%)
- Data Table on UAE - Year-over-year growth (2024-2029) (%)
14 Drivers, Challenges, and Opportunity/Restraints
- 14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 14.4 Market opportunities/restraints
15 Competitive Landscape
- 15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 15.3 Landscape disruption
- Overview on factors of disruption
- 15.4 Industry risks
- Impact of key risks on business
16 Competitive Analysis
- 16.2 Company ranking index
- 16.3 Market positioning of companies
- Matrix on companies position and classification
- 16.4 Abbott Laboratories
- Abbott Laboratories - Overview
- Abbott Laboratories - Business segments
- Abbott Laboratories - Key news
- Abbott Laboratories - Key offerings
- Abbott Laboratories - Segment focus
- SWOT
- 16.5 Artivion Inc.
- Artivion Inc. - Overview
- Artivion Inc. - Business segments
- Artivion Inc. - Key offerings
- Artivion Inc. - Segment focus
- SWOT
- 16.6 BioStable Science and Engineering Inc.
- BioStable Science and Engineering Inc. - Overview
- BioStable Science and Engineering Inc. - Product / Service
- BioStable Science and Engineering Inc. - Key offerings
- SWOT
- 16.7 Boston Scientific Corp.
- Boston Scientific Corp. - Overview
- Boston Scientific Corp. - Business segments
- Boston Scientific Corp. - Key news
- Boston Scientific Corp. - Key offerings
- Boston Scientific Corp. - Segment focus
- SWOT
- 16.8 Colibri Heart Valve LLC
- Colibri Heart Valve LLC - Overview
- Colibri Heart Valve LLC - Product / Service
- Colibri Heart Valve LLC - Key offerings
- SWOT
- 16.9 Edwards Lifesciences Corp.
- Edwards Lifesciences Corp. - Overview
- Edwards Lifesciences Corp. - Business segments
- Edwards Lifesciences Corp. - Key news
- Edwards Lifesciences Corp. - Key offerings
- Edwards Lifesciences Corp. - Segment focus
- SWOT
- 16.10 JenaValve Technology Inc.
- JenaValve Technology Inc. - Overview
- JenaValve Technology Inc. - Product / Service
- JenaValve Technology Inc. - Key offerings
- SWOT
- 16.11 LivaNova PLC
- LivaNova PLC - Overview
- LivaNova PLC - Business segments
- LivaNova PLC - Key news
- LivaNova PLC - Key offerings
- LivaNova PLC - Segment focus
- SWOT
- 16.12 Medtronic Plc
- Medtronic Plc - Overview
- Medtronic Plc - Business segments
- Medtronic Plc - Key news
- Medtronic Plc - Key offerings
- Medtronic Plc - Segment focus
- SWOT
- 16.13 Micro Interventional Devices Inc.
- Micro Interventional Devices Inc. - Overview
- Micro Interventional Devices Inc. - Product / Service
- Micro Interventional Devices Inc. - Key offerings
- SWOT
- 16.14 Neovasc Inc.
- Neovasc Inc. - Overview
- Neovasc Inc. - Product / Service
- Neovasc Inc. - Key offerings
- SWOT
- 16.15 Valcare Medical
- Valcare Medical - Overview
- Valcare Medical - Product / Service
- Valcare Medical - Key offerings
- SWOT
- 16.16 Xeltis AG
- Xeltis AG - Overview
- Xeltis AG - Product / Service
- Xeltis AG - Key offerings
- SWOT
17 Appendix
- 17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 17.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 17.4 Research methodology
- 17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 17.9 360 degree market analysis
- 360 degree market analysis
- 17.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape