Australia Heart Valve Devices Market to 2032

Overview

The Australia Heart Valve Devices Market is expected to reach a 185.88 USD Million by 2032 and is projected to grow at a CAGR of 19.62% from 2025 to 2032.

Revenue, 2024 (USD Million)
62.37
Forecast, 2032 (USD Million)
185.88
CAGR, 2024 - 2032
19.62%
Report Coverage
Australia

Australia Heart Valve Devices Market 2018-2032 USD Million

Australia Heart Valve Devices Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 62.37 USD Million
  • Projected Market Size (2032): 185.88 USD Million
  • CAGR (2025-2032): 19.62%

Key Findings of Australia Heart Valve Devices Market

  • The Australia Heart Valve Devices Market was valued at 62.37 USD Million in 2024.
  • The Australia Heart Valve Devices Market is likely to grow at a CAGR of 19.62% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Direct Tender in Distribution Channel Segment accounted for the largest share of the market with a revenue of 46.60 USD Million
  • The fastest growing segment Hospital & Clinics in End User Segment grew Fastest with a CAGR of 21.05% during the forecast period from 2024 to 2032.

Australia Heart Valve Devices Market Scope

Australia Heart Valve Devices Market Segmentation & Scope
Distribution Channel
  • Third Party Distributors
  • Direct Tender
End User
  • Others
  • Research Centers
  • Cardiac Centers
  • Ambulatory Surgical Centers
  • Hospital & Clinics
Treatment
  • Open Surgery
  • Minimally Invasive Surgery
Product Type
  • Transcatheter Valves
  • Biological Heart Valves
  • Mechanical Heart Valves

Australia Heart Valve Devices Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 62.37 USD Million
Market Value in 2032 185.88 USD Million
CAGR (2025-2032) 19.62%
Historic Data 2016-2023
Market Segments Covered Distribution Channel,End User,Treatment,Product Type

Regional Insights:

  • Leading Market (2024-2032): Australia, leading in terms of revenue 62.37 USD Million in 2024
    • Key Country: Australia, leading in terms of revenue with value of 62.37 USD Million in 2024.

Segments and Scope

  • Australia Heart Valve Devices Market to 2032, By Distribution Channel
    • Direct Tender is the largest segment in Australia Heart Valve Devices Market to 2032 with a revenue of 46.60 USD Million in the year 2024.
    • Direct Tender is the Fastest growing segment in Australia Heart Valve Devices Market to 2032 with a Growth rate of 20.13 % in forecast period 2025-2032.
  • Australia Heart Valve Devices Market to 2032, By End User
    • Hospital & Clinics is the largest segment in Australia Heart Valve Devices Market to 2032 with a revenue of 29.91 USD Million in the year 2024.
    • Hospital & Clinics is the Fastest growing segment in Australia Heart Valve Devices Market to 2032 with a Growth rate of 21.05 % in forecast period 2025-2032.
  • Australia Heart Valve Devices Market to 2032, By Treatment
    • Open Surgery is the largest segment in Australia Heart Valve Devices Market to 2032 with a revenue of 38.33 USD Million in the year 2024.
    • Open Surgery is the Fastest growing segment in Australia Heart Valve Devices Market to 2032 with a Growth rate of 19.94 % in forecast period 2025-2032.
  • Australia Heart Valve Devices Market to 2032, By Product Type
    • Mechanical Heart Valves is the largest segment in Australia Heart Valve Devices Market to 2032 with a revenue of 36.82 USD Million in the year 2024.
    • Mechanical Heart Valves is the Fastest growing segment in Australia Heart Valve Devices Market to 2032 with a Growth rate of 19.93 % in forecast period 2025-2032.

Australia Heart Valve Devices Market Company Share Analysis

 
Company Name Company Share Analysis
Medtronic
Boston Scientific Corporation or its affiliates
Abbott
Edwards Lifesciences Corporation
Artivion, Inc
Australia Heart Valve Devices Market Company Share Analysis

Australia Heart Valve Devices Market Geographical Sales Distribution, 2018-2032 USD Million

Australia Heart Valve Devices Market Geographical Sales Distribution, 2018-2032 USD Million

Australia Heart Valve Devices Market Company Profiling

Australia Heart Valve Devices Market Company Profiling
Frequently Asked Questions
The Australia Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
Australia Heart Valve Devices Market was valued at USD 62.37(Revenue in USD Million) in 2021.
Australia Heart Valve Devices Market is projected to grow at a CAGR of 19.62% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the Australia Heart Valve Devices Market, holding a largest market share of 46.60 USD Million in 2024

Australia Heart Valve Devices Market Scope

Australia Heart Valve Devices Market Segmentation & Scope
Distribution Channel
  • Third Party Distributors
  • Direct Tender
End User
  • Others
  • Research Centers
  • Cardiac Centers
  • Ambulatory Surgical Centers
  • Hospital & Clinics
Treatment
  • Open Surgery
  • Minimally Invasive Surgery
Product Type
  • Transcatheter Valves
  • Biological Heart Valves
  • Mechanical Heart Valves
Frequently Asked Questions
The Australia Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
Australia Heart Valve Devices Market was valued at USD 62.37(Revenue in USD Million) in 2021.
Australia Heart Valve Devices Market is projected to grow at a CAGR of 19.62% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Heart Valve Devices Market for final year is USD 185.88 (USD Million).

Australia Heart Valve Devices Market Company Profiling

Australia Heart Valve Devices Market Company Profiling
Frequently Asked Questions
The Australia Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
Australia Heart Valve Devices Market was valued at USD 62.37(Revenue in USD Million) in 2021.
Australia Heart Valve Devices Market is projected to grow at a CAGR of 19.62% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Heart Valve Devices Market for final year is USD 185.88 (USD Million).

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