U.S. Structural Heart Devices Market Size & Outlook
U.S. structural heart devices market, 2018-2030 (US$M)
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U.S. structural heart devices market highlights
- The U.S. structural heart devices market generated a revenue of USD 7,038.2 million in 2023 and is expected to reach USD 18,653.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 14.9% from 2024 to 2030.
- In terms of segment, tavr (transcatheter aortic valve replacement) was the largest revenue generating type in 2023.
- LAAC (Left Atrial Appendage Closure) is the most lucrative type segment registering the fastest growth during the forecast period.
Structural heart devices market data book summary
| Market revenue in 2023 | USD 7,038.2 million |
| Market revenue in 2030 | USD 18,653.9 million |
| Growth rate | 14.9% (CAGR from 2023 to 2030) |
| Largest segment | Tavr (transcatheter aortic valve replacement) |
| Fastest growing segment | LAAC (Left Atrial Appendage Closure) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | SAVR (Surgical Aortic Valve Replacement), TAVR (Transcatheter Aortic Valve Replacement), Mitral Repair (Annuloplasty), LAAC (Left Atrial Appendage Closure) |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Edwards Lifesciences Corp, Abbott Laboratories, St. Jude Medical, LivaNova PLC, Stryker Corp, Lepu Medical, Biomerics, CardioKinetix |
Other key industry trends
- In terms of revenue, U.S. accounted for 50.1% of the global structural heart devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. structural heart devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,082.7 million by 2030.
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Structural Heart Devices Market Scope
Structural Heart Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. structural heart devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to structural heart devices market will help companies and investors design strategic landscapes.
Tavr (transcatheter aortic valve replacement) was the largest segment with a revenue share of 50.88% in 2023. Horizon Databook has segmented the U.S. structural heart devices market based on savr (surgical aortic valve replacement), tavr (transcatheter aortic valve replacement), mitral repair (annuloplasty), laac (left atrial appendage closure) covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. market for structural heart devices is anticipated to witness substantial growth in the coming years, propelled by the escalating prevalence of heart disease and associated conditions. According to the CDC, heart disease stands as the leading cause of death in the U.S., with an estimated 695,000 individuals dying due to heart disease.
In addition, the rising geriatric population and the widespread adoption of advanced technologies further drive market expansion. As people live longer, the incidence of CVDs amenable to these devices, such as aortic stenosis and mitral valve regurgitation, is expected to rise.
Projections from a report by the American College of Cardiology indicate that over 5 million Americans aged 65 and over are projected to have heart valve disease by 2035, underscoring the pressing need for innovative structural heart solutions.
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Our clientele includes a mix of structural heart devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. structural heart devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. structural heart devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. structural heart devices market size, by type, 2018-2030 (US$M)
U.S. Structural Heart Devices Market Outlook Share, 2023 & 2030 (US$M)
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