Global Heart Valve Devices Market to 2032

Overview

The Global Heart Valve Devices Market is expected to reach a 31.08 USD Billion by 2032 and is projected to grow at a CAGR of 14.59% from 2025 to 2032.

Revenue, 2024 (USD Billion)
10.62
Forecast, 2032 (USD Billion)
31.08
CAGR, 2024 - 2032
14.59%
Report Coverage
Global

Global Heart Valve Devices Market 2018-2032 USD Billion

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

Market Growth and Projections:

  • Market Size (2024): 10.62 USD Billion
  • Projected Market Size (2032): 31.08 USD Billion
  • CAGR (2025-2032): 14.59%

Key Findings of Global Heart Valve Devices Market

  • The Global Heart Valve Devices Market was valued at 31.08 USD Billion in 2024.
  • The Global Heart Valve Devices Market is likely to grow at a CAGR of 14.59% 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 7.81 USD Billion
  • The fastest growing segment Hospital & Clinics in End User Segment grew Fastest with a CAGR of 15.77% during the forecast period from 2024 to 2032.

Global Heart Valve Devices Market Scope

Global 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

Global Heart Valve Devices Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 10.62 USD Billion
Market Value in 2032 31.08 USD Billion
CAGR (2025-2032) 14.59%
Historic Data 2016-2023
Market Segments Covered Distribution Channel,End User,Treatment,Product Type

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 10.62 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 3,826.63 USD Million in 2024.

Segments and Scope

  • Global Heart Valve Devices Market to 2032, By Distribution Channel
    • Direct Tender is the largest segment in Global Heart Valve Devices Market to 2032 with a revenue of 7.81 USD Billion in the year 2024.
    • Direct Tender is the Fastest growing segment in Global Heart Valve Devices Market to 2032 with a Growth rate of 15.00 % in forecast period 2025-2032.
  • Global Heart Valve Devices Market to 2032, By End User
    • Hospital & Clinics is the largest segment in Global Heart Valve Devices Market to 2032 with a revenue of 4.87 USD Billion in the year 2024.
    • Hospital & Clinics is the Fastest growing segment in Global Heart Valve Devices Market to 2032 with a Growth rate of 15.77 % in forecast period 2025-2032.
  • Global Heart Valve Devices Market to 2032, By Treatment
    • Open Surgery is the largest segment in Global Heart Valve Devices Market to 2032 with a revenue of 6.29 USD Billion in the year 2024.
    • Open Surgery is the Fastest growing segment in Global Heart Valve Devices Market to 2032 with a Growth rate of 14.85 % in forecast period 2025-2032.
  • Global Heart Valve Devices Market to 2032, By Product Type
    • Mechanical Heart Valves is the largest segment in Global Heart Valve Devices Market to 2032 with a revenue of 6.11 USD Billion in the year 2024.
    • Mechanical Heart Valves is the Fastest growing segment in Global Heart Valve Devices Market to 2032 with a Growth rate of 14.85 % in forecast period 2025-2032.

Global 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
Global Heart Valve Devices Market Company Share Analysis

Global Heart Valve Devices Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Heart Valve Devices Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Heart Valve Devices Market Company Profiling

Global Heart Valve Devices Market Company Profiling
Frequently Asked Questions
The Global Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
Global Heart Valve Devices Market was valued at USD 10.62(Revenue in USD Billion) in 2021.
Global Heart Valve Devices Market is projected to grow at a CAGR of 14.59% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the Global Heart Valve Devices Market, holding a largest market share of 7.81 USD Billion in 2024

Global Heart Valve Devices Market Scope

Global 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 Global Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
Global Heart Valve Devices Market was valued at USD 10.62(Revenue in USD Billion) in 2021.
Global Heart Valve Devices Market is projected to grow at a CAGR of 14.59% during the forecast period of 2024 to 2032.
The estimated market value of the Global Heart Valve Devices Market for final year is USD 31.08 (USD Billion).

Global Heart Valve Devices Market Company Profiling

Global Heart Valve Devices Market Company Profiling
Frequently Asked Questions
The Global Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
Global Heart Valve Devices Market was valued at USD 10.62(Revenue in USD Billion) in 2021.
Global Heart Valve Devices Market is projected to grow at a CAGR of 14.59% during the forecast period of 2024 to 2032.
The estimated market value of the Global Heart Valve Devices Market for final year is USD 31.08 (USD Billion).

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