Artificial Tissue Heart Valve Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Patients suffering with diseases of heart valves use artificial tissue heart valve also known as prosthetic heart valves. Prosthetic heart valves are artificially made from bovine source or tissue engineering methods. In few cases the heart valves are transplanted from another person. Heart valve replacement can be done through open-heart surgery and port access or angioplasty procedure
MARKET DYNAMICS
The artificial tissue heart valve market is driving due to the rising congenital valve diseases, growing geriatric population and rising approvals for the cardiovascular diseases. The rising technological developments in the field of cardiovascular sector and rising awareness about the congenial heart diseases are likely to create growth opportunities during the forecast period.
MARKET SCOPE
The "Artificial Tissue Heart Valve Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of artificial tissue heart valve market with detailed market segmentation by type and application. The artificial tissue heart valve market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in artificial tissue heart valve market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The artificial tissue heart valve market is segmented on the basis of type and application. Based on type, the market is segmented as trans catheter heart valve and surgical heart valve. Based on application, the market is segmented into aortic stenosis, aortic regurgitation, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the artificial tissue heart valve market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The artificial tissue heart valve market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting artificial tissue heart valve market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the artificial tissue heart valve market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the artificial tissue heart valve market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The artificial tissue heart valve market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting artificial tissue heart valve market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the artificial tissue heart valve market in these regions.
MARKET PLAYERS
The report covers key developments in the artificial tissue heart valve market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from artificial tissue heart valve market are anticipated to have lucrative growth opportunities in the future with the rising demand for artificial tissue heart valve in the global market. Below mentioned is the list of few companies engaged in the artificial tissue heart valve market.
The report also includes the profiles of key players in artificial tissue heart valve market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Edwards Lifesciences
- MicroPort Scientific Corporation
- Medtronic
- Livanova
- Boston Scientific Corporation
- Abbott
- Labcor Laboratorios Ltda
- Cryolife
- Braile Biomedica
- Suzhou Jiecheng Medical Technology Co., Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Artificial Tissue Heart Valve Market - By Type
1.3.2 Artificial Tissue Heart Valve Market - By Application
1.3.3 Artificial Tissue Heart Valve Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ARTIFICIAL TISSUE HEART VALVE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ARTIFICIAL TISSUE HEART VALVE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ARTIFICIAL TISSUE HEART VALVE MARKET - GLOBAL MARKET ANALYSIS
6.1. ARTIFICIAL TISSUE HEART VALVE - GLOBAL MARKET OVERVIEW
6.2. ARTIFICIAL TISSUE HEART VALVE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ARTIFICIAL TISSUE HEART VALVE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. TRANSCATHETER HEART VALVE
7.3.1. Overview
7.3.2. Transcatheter Heart Valve Market Forecast and Analysis
7.4. SURGICAL HEART VALVE
7.4.1. Overview
7.4.2. Surgical Heart Valve Market Forecast and Analysis
8. ARTIFICIAL TISSUE HEART VALVE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AORTIC STENOSIS
8.3.1. Overview
8.3.2. Aortic Stenosis Market Forecast and Analysis
8.4. AORTIC REGURGITATION
8.4.1. Overview
8.4.2. Aortic Regurgitation Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. ARTIFICIAL TISSUE HEART VALVE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Artificial Tissue Heart Valve Market Overview
9.1.2 North America Artificial Tissue Heart Valve Market Forecasts and Analysis
9.1.3 North America Artificial Tissue Heart Valve Market Forecasts and Analysis - By Type
9.1.4 North America Artificial Tissue Heart Valve Market Forecasts and Analysis - By Application
9.1.5 North America Artificial Tissue Heart Valve Market Forecasts and Analysis - By Countries
9.1.5.1 United States Artificial Tissue Heart Valve Market
9.1.5.1.1 United States Artificial Tissue Heart Valve Market by Type
9.1.5.1.2 United States Artificial Tissue Heart Valve Market by Application
9.1.5.2 Canada Artificial Tissue Heart Valve Market
9.1.5.2.1 Canada Artificial Tissue Heart Valve Market by Type
9.1.5.2.2 Canada Artificial Tissue Heart Valve Market by Application
9.1.5.3 Mexico Artificial Tissue Heart Valve Market
9.1.5.3.1 Mexico Artificial Tissue Heart Valve Market by Type
9.1.5.3.2 Mexico Artificial Tissue Heart Valve Market by Application
9.2. EUROPE
9.2.1 Europe Artificial Tissue Heart Valve Market Overview
9.2.2 Europe Artificial Tissue Heart Valve Market Forecasts and Analysis
9.2.3 Europe Artificial Tissue Heart Valve Market Forecasts and Analysis - By Type
9.2.4 Europe Artificial Tissue Heart Valve Market Forecasts and Analysis - By Application
9.2.5 Europe Artificial Tissue Heart Valve Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Artificial Tissue Heart Valve Market
9.2.5.1.1 Germany Artificial Tissue Heart Valve Market by Type
9.2.5.1.2 Germany Artificial Tissue Heart Valve Market by Application
9.2.5.2 France Artificial Tissue Heart Valve Market
9.2.5.2.1 France Artificial Tissue Heart Valve Market by Type
9.2.5.2.2 France Artificial Tissue Heart Valve Market by Application
9.2.5.3 Italy Artificial Tissue Heart Valve Market
9.2.5.3.1 Italy Artificial Tissue Heart Valve Market by Type
9.2.5.3.2 Italy Artificial Tissue Heart Valve Market by Application
9.2.5.4 Spain Artificial Tissue Heart Valve Market
9.2.5.4.1 Spain Artificial Tissue Heart Valve Market by Type
9.2.5.4.2 Spain Artificial Tissue Heart Valve Market by Application
9.2.5.5 United Kingdom Artificial Tissue Heart Valve Market
9.2.5.5.1 United Kingdom Artificial Tissue Heart Valve Market by Type
9.2.5.5.2 United Kingdom Artificial Tissue Heart Valve Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Artificial Tissue Heart Valve Market Overview
9.3.2 Asia-Pacific Artificial Tissue Heart Valve Market Forecasts and Analysis
9.3.3 Asia-Pacific Artificial Tissue Heart Valve Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Artificial Tissue Heart Valve Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Artificial Tissue Heart Valve Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Artificial Tissue Heart Valve Market
9.3.5.1.1 Australia Artificial Tissue Heart Valve Market by Type
9.3.5.1.2 Australia Artificial Tissue Heart Valve Market by Application
9.3.5.2 China Artificial Tissue Heart Valve Market
9.3.5.2.1 China Artificial Tissue Heart Valve Market by Type
9.3.5.2.2 China Artificial Tissue Heart Valve Market by Application
9.3.5.3 India Artificial Tissue Heart Valve Market
9.3.5.3.1 India Artificial Tissue Heart Valve Market by Type
9.3.5.3.2 India Artificial Tissue Heart Valve Market by Application
9.3.5.4 Japan Artificial Tissue Heart Valve Market
9.3.5.4.1 Japan Artificial Tissue Heart Valve Market by Type
9.3.5.4.2 Japan Artificial Tissue Heart Valve Market by Application
9.3.5.5 South Korea Artificial Tissue Heart Valve Market
9.3.5.5.1 South Korea Artificial Tissue Heart Valve Market by Type
9.3.5.5.2 South Korea Artificial Tissue Heart Valve Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Artificial Tissue Heart Valve Market Overview
9.4.2 Middle East and Africa Artificial Tissue Heart Valve Market Forecasts and Analysis
9.4.3 Middle East and Africa Artificial Tissue Heart Valve Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Artificial Tissue Heart Valve Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Artificial Tissue Heart Valve Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Artificial Tissue Heart Valve Market
9.4.5.1.1 South Africa Artificial Tissue Heart Valve Market by Type
9.4.5.1.2 South Africa Artificial Tissue Heart Valve Market by Application
9.4.5.2 Saudi Arabia Artificial Tissue Heart Valve Market
9.4.5.2.1 Saudi Arabia Artificial Tissue Heart Valve Market by Type
9.4.5.2.2 Saudi Arabia Artificial Tissue Heart Valve Market by Application
9.4.5.3 U.A.E Artificial Tissue Heart Valve Market
9.4.5.3.1 U.A.E Artificial Tissue Heart Valve Market by Type
9.4.5.3.2 U.A.E Artificial Tissue Heart Valve Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Artificial Tissue Heart Valve Market Overview
9.5.2 South and Central America Artificial Tissue Heart Valve Market Forecasts and Analysis
9.5.3 South and Central America Artificial Tissue Heart Valve Market Forecasts and Analysis - By Type
9.5.4 South and Central America Artificial Tissue Heart Valve Market Forecasts and Analysis - By Application
9.5.5 South and Central America Artificial Tissue Heart Valve Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Artificial Tissue Heart Valve Market
9.5.5.1.1 Brazil Artificial Tissue Heart Valve Market by Type
9.5.5.1.2 Brazil Artificial Tissue Heart Valve Market by Application
9.5.5.2 Argentina Artificial Tissue Heart Valve Market
9.5.5.2.1 Argentina Artificial Tissue Heart Valve Market by Type
9.5.5.2.2 Argentina Artificial Tissue Heart Valve Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ARTIFICIAL TISSUE HEART VALVE MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ARTIFICIAL TISSUE HEART VALVE MARKET, KEY COMPANY PROFILES
12.1. EDWARDS LIFESCIENCES
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. MICROPORT SCIENTIFIC CORPORATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. MEDTRONIC
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. LIVANOVA PLC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. BOSTON SCIENTIFIC CORPORATION
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ABBOTT
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. LABCOR LABORATORIOS LTDA
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. CRYOLIFE
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. BRAILE BIOMEDICA
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SUZHOU JIECHENG MEDICAL TECHNOLOGY CO., LTD.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Edwards Lifesciences
2. MicroPort Scientific Corporation
3. Medtronic
4. Livanova
5. Boston Scientific Corporation
6. Abbott
7. Labcor Laboratorios Ltda
8. Cryolife
9. Braile Biomedica
10. Suzhou Jiecheng Medical Technology Co., Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.