1. business and industrial

Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
Persistence Market Research
Global Heart Valve Repair Replacement
Market expected to progress to reach USD
4,712.7 million by 2020 - Persistence Market
Research
Persistence Market Research
1
Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
Persistence Market Research Released New Market Report “Global Heart Valve Repair
Replacement Market : Forecast to 2014 - 2020,” the global heart valve repair and
replacement market was valued at USD 2,945.2 million in 2014 and is expected to grow at a
CAGR of 8.1% from 2014 to 2020, to reach USD 4,712.7 million by 2020.
The global heart valve repair and replacement market is witnessing significant growth due to growing
geriatric population, change in lifestyles, and associated conditions leading to cardiovascular disorders.
Moreover, technological advancements in the heart valve repair and replacement devices and surgeries,
and rise in medical tourism promoting heart valve repair and replacement surgeries are also driving the
market. However, there are various risks and complications associated with heart valve repair and
replacement surgeries such as irregular heart rhythm, breathing problem, and embolism. Furthermore,
lack of primary healthcare infrastructure in developing countries inhibits the growth of the heart valve
repair and replacement market. The heart valve repair and replacement market is anticipated to grow
from an estimated USD 2,945.2 million in 2014 to USD 4,712.7 million by 2020 at a CAGR of 8.1% during
the forecast period.
Interested in report: Please follow the below links to meet your requirements; Request for the
Report Sample: http://www.persistencemarketresearch.com/samples/3192
In North America, the prevalence of cardiovascular diseases is high compared to other regions of the
world due to increasing rate of obesity and change in lifestyle in the region. In the U.S., approximately
70,000 heart valve procedures are performed for mitral valve stenosis annually.
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In Europe, the heart valve repair and replacement market is driven by a rise in geriatric population,
increasing the prevalence of lifestyle-associated disease, and change in lifestyles. Cardiovascular
diseases cause more deaths among Europeans Approximately 50,000 valve replacement surgeries take
place annually.
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Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
However, the growth of heart valve repair and replacement market in Asia Pacific is much higher than that
in developed countries due to the large population base, change in lifestyles, increasing prevalence of
lifestyle associated diseases, and rising medical tourism in the region.
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Edwards Lifesciences Corporation, St. Jude Medical, Inc., Medtronic, Inc., Sorin Group, Boston Scientific
Corporation, and Abbott Laboratories, Inc. are some of the major players in the heart valve repair and
replacement market.
The heart valve repair and replacement market is segmented as follows:
By type of procedure

Heart valve repair

Heart valve replacement
By type of replacement

Tissue heart valve

Transcatheter heart valve

Mechanical heart valve
By geography
North America

The U.S.
Europe

Germany

France

Spain

The U.K.
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Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
Asia

China

Japan

India
Rest of the World (RoW)
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Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
Market History:
The global heart valve repair and replacement market is witnessing significant growth due to growing
geriatric population, change in lifestyles, and associated conditions leading to cardiovascular disorders.
Moreover, technological advancements in heart valve repair and replacement devices and surgeries, and
rise in medical tourism promoting heart valve repair and replacement surgeries are also driving the
market. However, there are various risks and complications associated with these surgeries such as
irregular heart rhythm, breathing problems, and embolism. Furthermore, lack of primary healthcare
infrastructure in developing countries inhibits the growth of the heart valve repair and replacement market.
The heart valve repair and replacement market is anticipated to grow from an estimated USD 2,945.2
million in 2014 to USD 4,712.7 million by 2020 at a CAGR of 8.1% during the forecast period. North
America was the largest market for heart valve repair and replacement in 2014, with tissue heart valve
being the most popular type of heart valve replacement. In terms of growth, Asia Pacific is the fastest
growing region. In terms of type of valve, while transcathater heart valve was the fastest growing
segment.
Heart valve repair is the repair of the damaged leaflet tissue, and resizing of the heart valve by removing
excessive tissue. The global heart valve replacement market is expected to grow from an estimated USD
2,281.2 million in 2014 to USD 3,767.0 million in 2020 at a CAGR of 8.7% during the forecast period.
TABLE 1 Global heart valve repair and replacement market size, by region, 2014 –
2020 (USD million)
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Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
Table of Content
Chapter 1 Preface
1.1 Report Description
1.2 Research Methodology
1.3 Assumptions
Chapter 2 Market Synopsis
Chapter 3 Porter’s Five Forces Analysis
3.1 Bargaining Power of Suppliers
3.2 Bargaining Power of Buyers
3.3 Threat of New Entrants
3.4 Threat of Substitutes
3.5 Intensity of Rivalry
Chapter 4 Industry Overview
4.1 Market Definition
4.2 Market Drivers
4.2.1 Growing geriatric population
4.2.2 Changing lifestyles and associated conditions leading to cardiovascular disorders
4.2.3 Rise in medical tourism
4.2.4 Technological advancements in heart valve repair and replacement surgeries and devices
4.3 Impact Analysis of Market Drivers
4.4 Market Restraints
4.4.1 Risks and complications associated with heart valve repair and replacement surgeries
4.4.2 Lack of primary healthcare infrastructure in developing countries
4.5 Impact Analysis of Market Restraints
4.6 Market Trends
4.6.1 Growing product innovation
Chapter 5 Global Market Size and Forecast
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Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
Chapter 6 Market Size and Forecast by Type of Procedure
6.1 Heart Valve Repair
6.2 Heart Valve Replacement
Chapter 7 Market Size and Forecast by Type of Replacement
7.1 Mechanical Heart Valve
7.2 Tissue Heart Valve
7.3 Transcathater Heart Valve
Chapter 8 Market Size and Forecast by Geography
8.1 North America
8.2 Europe
8.3 Asia Pacific
Chapter 9 Competitive Scenario
9.1 Company Share Analysis
Chapter 10 Company Profiles
10.1 Edwards Lifesciences Corporation (Edwards)
10.1.1 Company overview
10.1.2 Products and services
10.1.3 Financial performance
10.1.4 Key developments
10.2 St. Jude Medical, Inc.
10.2.1 Company overview
10.2.2 Products and services
10.2.3 Financial performance
10.2.4 Key developments
10.3 Sorin Group
10.3.1 Company overview
10.3.2 Products and services
10.3.3 Financial performance
10.3.4 Key developments
10.4 Boston Scientific Corporation
10.4.1 Company overview
10.4.2 Products and services
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Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
10.4.3 Financial performance
10.4.4 Key developments
10.5 Medtronic, Inc.
10.5.1 Company overview
10.5.2 Products and services
10.5.3 Financial performance
10.5.4 Key developments
10.6 CryoLife, Inc.
10.6.1 Company overview
10.6.2 Products and services
10.6.3 Financial performance
10.6.4 Key developments
10.7 Colibri Heart Valve, LLC
10.7.1 Company overview
10.7.2 Products and services
10.7.3 Financial performance
10.7.4 Key developments
10.8 Abbott Laboratories, Inc. (Abbott)
10.8.1 Company overview
10.8.2 Products and serices
10.8.3 Financial performance
10.8.4 Recent developments
10.9 On-X Life Technologies, Inc.
10.9.1 Company overview
10.9.2 Products and services
10.9.3 Financial performance
10.9.4 Key developments
10.10 Neovasc, Inc.
10.10.1 Company overview
10.10.2 Products and services
10.10.3 Financial performance
10.10.4 Key developments
List of Tables
TABLE 1 Market snapshot: heart valve repair and replacement market, 2014 and 2020
TABLE 2 Types of heart valves
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Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
TABLE 3 Cost of heart valve replacement surgery in various countries
TABLE 4 Drivers for heart valve repair and replacement market: Impact analysis
TABLE 5 Restraints for global heart valve repair and replacement market: Impact analysis
TABLE 6 Some of the products launched by various companies
TABLE 7 Global heart valve repair and replacement market size, by region, 2010 – 2013 (USD million)
TABLE 8 Global heart valve repair and replacement market size, by region, 2014 – 2020 (USD million)
TABLE 9 Global heart valve repair and replacement market size, by type of procedure, 2010 – 2013 (USD
million)
TABLE 10 Global heart valve repair and replacement market size, by type of procedure, 2014 – 2020
(USD million)
TABLE 11 Global heart valve repair and replacement market size, by type of replacement, 2010 – 2013
(USD million)
TABLE 12 Global heart valve repair and replacement market size, by type of replacement, 2014 – 2020
(USD million)
TABLE 13 Global heart valve repair market size, by region, 2010 – 2013 (USD million)
TABLE 14 Global heart valve repair market size, by region, 2014 – 2020 (USD million)
TABLE 15 Global heart valve replacement market size, by region, 2010 – 2013 (USD million)
TABLE 16 Global heart valve replacement market size, by region, 2014 – 2020 (USD million)
TABLE 17 Global mechanical heart valve market size, by region, 2010 – 2013 (USD million)
TABLE 18 Global mechanical heart valve market size, by region, 2014 – 2020 (USD million)
TABLE 19 Global tissue heart valve market size, by region, 2010 – 2013 (USD million)
TABLE 20 Global tissue heart valve market size, by region, 2014 – 2020 (USD million)
TABLE 21 Global transcathater heart valve market size, by region, 2010 – 2013 (USD million)
TABLE 22 Global transcathater heart valve market size, by region, 2014 – 2020 (USD million)
TABLE 23 The North American heart valve repair and replacement market size, by country, 2010 – 2013
(USD million)
TABLE 24 The North American heart valve repair and replacement market size, by country, 2014 – 2020
(USD million)
TABLE 25 The European heart valve repair and replacement market size, by country, 2010 – 2013 (USD
million)
TABLE 26 The European heart valve repair and replacement market size, by country, 2014 – 2020 (USD
million)
TABLE 27 The Asia Pacific heart valve repair and replacement market size, by country, 2010 – 2013
(USD million)
TABLE 28 The Asia Pacific heart valve repair and replacement market size, by country, 2014 – 2020
(USD million)
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Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
TABLE 29 Major products segments of Edwards Lifesciences Corporation
TABLE 30 Major products segments of St. Jude Medical, Inc
TABLE 31 Major products segments of Sorin Group
TABLE 32 Major products segments of Boston Scientific Corporation
TABLE 33 Major products segments of Medtronic, Inc.
TABLE 34 Major products segments of CryoLife, Inc.
TABLE 35 Major products segments of Colibri Heart Valve, LLC
TABLE 36 Major products segments of Abbott Laboratories, Inc.
TABLE 37 Major products segments of On-X Life Technologies, Inc.
TABLE 38 Major products segments of Neovasc, Inc.
List of Figures
FIG. 1 Heart valve repair and replacement market: Porter’s five force analysis
FIG. 2 Cardiac cycle
FIG. 3 Types of heart valve procedure
FIG. 4 Aging population in major regions, 2000 – 2050 (% share in total population)
FIG. 5 Prevalence of overweight or obese males aged 30 years and above, 2005 and 2015, (%)
FIG. 6 Prevalence of overweight or obese females aged 30 years and above, 2005 and 2015 (%)
FIG. 7 Global heart valve repair and replacement market share, by region, by value, 2013
FIG. 8 Global heart valve repair and replacement market share, by type of procedure, by value, 2013
FIG. 9 Global heart valve repair and replacement market share, by type of replacement, by value, 2013
FIG. 10 Global heart valve repair and replacement market share, by region, by value, 2013
FIG. 11 Global heart valve replacement market share, by region, by value, 2013
FIG. 12 Global mechanical heart valve market share, by region, by value, 2013
FIG. 13 Global tissue heart valve market share, by region, by value, 2013
FIG. 14 Global transcathater heart valve market share, by region, by value, 2013
FIG. 15 The North American heart valve repair and replacement market share, by country, by value, 2013
FIG. 16 The European heart valve repair and replacement market share, by country, by value, 2013
FIG. 17 The Asia Pacific heart valve repair and replacement market share, by country, by value, 2013
FIG. 18 Company share of the heart valve repair and replacement market
FIG. 19 Net sales and net income of Edwards Lifesciences Corporation, 2012 – 2014 (USD million)
FIG. 20 Net sales and net income of St. Jude Medical, Inc., 2012 – 2014 (USD million)
FIG. 21 Net revenue and net profit of Sorin Group, 2011 – 2013 (USD million)
FIG. 22 Net sales and net income of Boston Scientific Corporation, 2012 – 2014 (USD million)
FIG. 23 Net sales and net earnings of Medtronic, Inc., 2012 – 2014 (USD million)
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Global Heart Valve Repair Replacement Market : Forecast to
2014 - 2020
FIG. 24 Revenue and net income of CryoLife, Inc., 2012 – 2014 (USD million)
FIG. 25 Abbott net sales and net earnings, 2011 – 2013 (USD million)
FIG. 26 Revenue and net income/loss of Neovasc, Inc., 2011 – 2013 (USD million)
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