North America Prosthetic Heart Valves Market By Type (Mechanical Heart Valve, Tissue Heart Valve And Transcatheter Heart Valve), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

North America Prosthetic Heart Valves Market By Type (Mechanical Heart Valve, Tissue Heart Valve And Transcatheter Heart Valve), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

ID: 2603 | Pages: 135 | August 2017 | Region: North America


The North America Prosthetic Heart Valves Market was worth USD 1.11 billion in 2016 and estimated to be growing at a CAGR of 12.66%, to reach USD 2.02 billion by 2021. Since the introduction of the first artificial valve in 1950, over 80 models of the same have been developed and used. A prosthetic heart valve is a device that is implanted in a patient suffering from valve failures in the heart or other heart diseases which put the patient at risk of heart failure. They are used as replacements for natural valves in the case of a valve failure and may be completely mechanical or bioprosthetic.

The prosthetic valves differ from one another in several characteristics that include durability or longevity, thromobogenicity and hemodynamic profile. Mechanical valves are thrombogenic and require the lifelong administration of anticoagulants as opposed the tissue valves which do not have the above requirement. Once implanted each type of valve has its own hemodynamic profile and effective orifice area. Mechanical valves are usually preferred in young patients or those who need anticoagulant administration due to other reasons and tissue valves are preferred in the elderly or those who cannot under anticoagulant treatment.

The rise of the Prosthetic Heart Valves market is mainly driven by the intense competition among the key players in the market for better R&D. This along with the rise in government funding for the same and the surging incidence of heart disorders among people due to lifestyle changes serve as additional factors that bolster the market growth. In spite of the growing demand driving the market forward, it continues to be hampered by the high cost of valve replacements therapy and the regulations put up by the government regarding the use of tissue valves.

The North America Prosthetic Heart Valves market is broadly classified based on type into Mechanical Heart Valve, Tissue Heart Valve and Transcatheter Heart Valve. Based on geography, the North America market is analysed under USA and Canada. North America is presently the largest market share holder globally with over one-third of the total revenue of the market being generated from the region. Inspite of the large share, the growth rate for the region is one of the lower. This is to be expected due to developed nature of the region. It also makes it difficult for new companies to enter the market and thrive due to the dominance of the prevailing companies.

Several multinational companies operate in the prosthetic heart valve. The major market players in the North America market include Corvia Medical, CardioKinetix, Biomerics LLC, Lepu Medical Technology, XELTIS BV, Comed BV, HLT, Meril Life Sciences, SYMETIS SA and Transcatheter Technologies GmbH.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Mechanical Heart Valve     

                                5.1.3 Tissue Heart Valve               

                                5.1.4 Transcatheter Heart Valve               

                                5.1.5  Y-o-Y Growth Analysis, By Type    

                                5.1.6  Market Attractiveness Analysis, By Type  

                                5.1.7  Market Share Analysis, By Type    

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                6.2 United States                            

                6.3 Canada                         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Corvia Medical                          

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 CardioKinetix                             

                8.3 Biomerics LLC                             

                8.4 Lepu Medical Technology                     

                8.5 XELTIS BV                    

                8.6 Comed BV                   

                8.7 Meril Life Sciences                   

                8.8 SYSMETIS SA                              

                8.9 HLT                 

                8.10 Transcatheter Technologies GmbH                

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. North America Prosthetic Heart Valves Market By Type, From 2016-2021 ( USD Billion )
  2. North America Mechanical Heart Valves Market By Region, From 2016-2021 ( USD Billion )
  3. North America Tissue Heart Valves Market By Region, From 2016-2021 ( USD Billion )
  4. North America Transcatheter Heart Valves Market By Region, From 2016-2021 ( USD Billion )
  5. United States Prosthetic Heart Valves Market By Type, From 2016-2021 ( USD Billion )
  6. Canada Prosthetic Heart Valves Market By Type, From 2016-2021 ( USD Billion )
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