| Product Code: ETC348241 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States Structural Heart Devices Market is a rapidly growing sector within the medical device industry, driven by an increasing prevalence of cardiovascular diseases and a growing aging population. Structural heart devices are used to treat various heart conditions, such as heart valve defects, atrial septal defects, and other structural abnormalities. The market is characterized by technological advancements, such as minimally invasive procedures and transcatheter interventions, offering improved patient outcomes and shorter recovery times. Key players in the US market include Medtronic, Edwards Lifesciences, Abbott Laboratories, Boston Scientific, and LivaNova, among others. The market is highly competitive, with companies investing in research and development to introduce innovative products and gain a competitive edge. Rising healthcare expenditure, favorable reimbursement policies, and increasing awareness about minimally invasive procedures are expected to drive further growth in the US Structural Heart Devices Market.
The US Structural Heart Devices Market is experiencing significant growth driven by several key trends. One prominent trend is the increasing prevalence of structural heart diseases and disorders, such as heart valve abnormalities and congenital heart defects, leading to a higher demand for minimally invasive procedures and devices. Technological advancements in transcatheter heart valves, left atrial appendage closure devices, and other innovative solutions are also driving market growth. Additionally, the aging population in the US, coupled with a rising number of patients with multiple comorbidities, is fueling the adoption of structural heart devices as a preferred treatment option. Market players are focusing on developing next-generation devices, expanding their product portfolios, and strategic collaborations to capitalize on the growing opportunities in the US structural heart devices market.
The US Structural Heart Devices Market faces several challenges, including stringent regulatory requirements, high costs associated with the devices, and limited reimbursement options. The regulatory landscape in the US is complex, requiring extensive clinical data and approval processes, which can lead to delays in market access. Additionally, the high cost of structural heart devices poses a barrier to adoption, especially for patients without adequate insurance coverage. Limited reimbursement options further complicate the market landscape, as healthcare providers may be hesitant to offer these advanced treatments without sufficient financial support. These challenges collectively impact market growth and adoption rates, requiring companies to navigate a complex environment to succeed in the US Structural Heart Devices Market.
The US Structural Heart Devices Market offers promising investment opportunities due to factors such as the increasing prevalence of cardiovascular diseases, growing elderly population, technological advancements in minimally invasive procedures, and rising adoption of transcatheter heart valve therapies. Companies involved in developing innovative devices for structural heart interventions, such as transcatheter aortic valve replacement (TAVR) and transcatheter mitral valve repair, are well-positioned for growth. Additionally, advancements in imaging technologies, including 3D echocardiography and cardiac MRI, are enhancing the precision and outcomes of these procedures. Investors can consider opportunities in established players like Edwards Lifesciences, Medtronic, and Abbott Laboratories, as well as emerging companies focused on novel technologies and expanding the applications of structural heart devices. Overall, the US Structural Heart Devices Market presents a dynamic landscape for investment with significant potential for growth and innovation.
The US government oversees the structural heart devices market through regulatory bodies like the Food and Drug Administration (FDA), which evaluates the safety and efficacy of these medical devices before they can be marketed. Policies such as the Medical Device Regulation Act and the 21st Century Cures Act aim to streamline the approval process for innovative devices while ensuring patient safety. Reimbursement policies from government healthcare programs like Medicare also influence market dynamics by determining coverage and payment for these devices. Additionally, government initiatives promoting research and development in the healthcare sector impact innovation and market growth for structural heart devices in the US.
The United States Structural Heart Devices Market is poised for significant growth in the coming years, driven by factors such as the rising prevalence of structural heart diseases, technological advancements in minimally invasive procedures, and an aging population. Increasing adoption of transcatheter heart valve replacement and repair procedures, along with the growing demand for innovative devices for treating structural heart conditions, are expected to fuel market expansion. Moreover, the emphasis on improving patient outcomes, reducing hospital stays, and enhancing quality of life will further drive the demand for structural heart devices in the US. With ongoing research and development efforts focusing on enhancing device efficacy and safety, the market is projected to experience steady growth and offer lucrative opportunities for market players in the near future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Structural Heart Devices Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Structural Heart Devices Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Structural Heart Devices Market - Industry Life Cycle |
3.4 United States (US) Structural Heart Devices Market - Porter's Five Forces |
3.5 United States (US) Structural Heart Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 United States (US) Structural Heart Devices Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
4 United States (US) Structural Heart Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of structural heart diseases in the US |
4.2.2 Technological advancements leading to the development of innovative structural heart devices |
4.2.3 Growing adoption of minimally invasive procedures for structural heart treatments |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for approval of structural heart devices |
4.3.2 High procedural costs associated with structural heart treatments |
4.3.3 Limited reimbursement policies for certain structural heart procedures |
5 United States (US) Structural Heart Devices Market Trends |
6 United States (US) Structural Heart Devices Market, By Types |
6.1 United States (US) Structural Heart Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Structural Heart Devices Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 United States (US) Structural Heart Devices Market Revenues & Volume, By Herat Valve Devices, 2021 - 2031F |
6.1.4 United States (US) Structural Heart Devices Market Revenues & Volume, By Surgical Heart Valves, 2021 - 2031F |
6.1.5 United States (US) Structural Heart Devices Market Revenues & Volume, By Transcatheter Heart Valves, 2021 - 2031F |
6.1.6 United States (US) Structural Heart Devices Market Revenues & Volume, By Occluders and Delivery Systems, 2021 - 2031F |
6.1.7 United States (US) Structural Heart Devices Market Revenues & Volume, By Annuloplasty Rings, 2021 - 2031F |
6.1.8 United States (US) Structural Heart Devices Market Revenues & Volume, By Other Devices, 2021 - 2031F |
6.2 United States (US) Structural Heart Devices Market, By Procedure |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Structural Heart Devices Market Revenues & Volume, By Replacement Procedures, 2021 - 2031F |
6.2.3 United States (US) Structural Heart Devices Market Revenues & Volume, By TAVR Procedures, 2021 - 2031F |
6.2.4 United States (US) Structural Heart Devices Market Revenues & Volume, By SAVR Procedures, 2021 - 2031F |
6.2.5 United States (US) Structural Heart Devices Market Revenues & Volume, By Repair Procedures, 2021 - 2031F |
6.2.6 United States (US) Structural Heart Devices Market Revenues & Volume, By Closure Procedures, 2021 - 2031F |
6.2.7 United States (US) Structural Heart Devices Market Revenues & Volume, By Annuloplasty, 2021 - 2031F |
6.2.8 United States (US) Structural Heart Devices Market Revenues & Volume, By TMVR Procedures, 2021 - 2031F |
6.2.9 United States (US) Structural Heart Devices Market Revenues & Volume, By TMVR Procedures, 2021 - 2031F |
7 United States (US) Structural Heart Devices Market Import-Export Trade Statistics |
7.1 United States (US) Structural Heart Devices Market Export to Major Countries |
7.2 United States (US) Structural Heart Devices Market Imports from Major Countries |
8 United States (US) Structural Heart Devices Market Key Performance Indicators |
8.1 Average procedure time for structural heart device implantation |
8.2 Number of hospitals offering structural heart procedures |
8.3 Patient outcomes and success rates of structural heart device treatments |
9 United States (US) Structural Heart Devices Market - Opportunity Assessment |
9.1 United States (US) Structural Heart Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 United States (US) Structural Heart Devices Market Opportunity Assessment, By Procedure, 2021 & 2031F |
10 United States (US) Structural Heart Devices Market - Competitive Landscape |
10.1 United States (US) Structural Heart Devices Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Structural Heart Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |