Pediatric Heart Valve Repair And Replacement Market 2024 - By Size, Competitive Landscape, Upcoming Trends And Outlook By 2033
Overview and Scope
Pediatric heart valve repair and
replacement refers to the medical procedures and technologies used to address
heart valve issues in children. These procedures aim to treat congenital or
acquired heart valve disorders in children, often necessitated by conditions
such as congenital heart defects, heart muscle disease, arrhythmias, and
atresia.
Sizing and Forecast
The pediatric heart valve repair
and replacement market size has grown steadily in recent years. It will grow
from $3.23 billion in 2023 to $3.36 billion in 2024 at a compound annual growth
rate (CAGR) of 3.9%. The growth in the
historic period can be attributed to increasing prevalence of congenital heart
defects, growing awareness and early diagnosis, supportive regulatory
environment, rising healthcare investments, and patient and parent advocacy.
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Segmentation & Regional
Insights
The pediatric heart valve repair
and replacement market covered in this report is segmented –
1) By Product: Heart Valve
Repair, Mechanical Heart Valves, Bioprosthetic Heart Valves, Transcatheter
Aortic Valve Implantation (TAVI)
2) By Indication:
Congenital Heart Defects, Heart Muscle Disease, Atresia, Arrhythmias, Other
Cardiac Disorders
3) By End-User: Hospitals,
Independent Cardiac Catheterization Labs, Ambulatory Surgical Centers
North America was the largest
region in the pediatric heart valve repair and replacement market in 2023. The
regions covered in the pediatric heart valve repair and replacement market
report are Asia-Pacific, Western Europe, Eastern Europe, North America, South
America, Middle East, Africa.
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Major Driver Impacting Market
Growth
The increasing incidence of
congenital heart defects is expected to propel the growth of the pediatric
heart valve repair and replacement market going forward. A congenital heart
defect (CHD) is a problem with the structure of the heart that is present at
birth. Pediatric heart valve repair and replacement are used in the treatment
of congenital heart defects to improve the heart's function and the child's
overall health, prevent complications, and improve the quality of life for
affected children. For instance, in March 2022, according to reports published
by the American Heart Association, Inc., a US-based nonprofit organization,
more than 2.4 million Americans currently live with a congenital heart defect
(CHD), and every year, around 40,000 infants in the United States are born with
cardiac defects. Therefore, the increasing incidence of congenital heart
defects will drive concrete restoration market growth.
Key Industry Players
Major companies operating in the
pediatric heart valve repair and replacement market report are Abbott
Laboratories, Medtronic plc, Labcor Laboratórios Ltda, Boston Scientific
Corporation, Bracco Group , Lepu Medical Technology (Beijing) Co. Ltd., Edwards
Lifesciences Corporation, Artivion Inc., CryoLife Inc., LivaNova PLC, TTK
Healthcare Limited, Braile Biomedica Ltda., Arbor Surgical Technologies Inc. ,
Micro Interventional Devices Inc., Xeltis AG, Auto Tissue Berlin GmbH,
BioStable Science and Engineering Inc., Colibri Heart Valve LLC, Valcare
Medical, Symetis SA, Neovasc Inc., Aortech international Plc., On-X Life
Technologies Holdings Inc., JenaValve Technology Inc., Meril Life Sciences Pvt.
Ltd.
The pediatric heart valve
repair and replacement market report table of contents includes:
1. Executive Summary
2. Pediatric Heart Valve Repair
And Replacement Market Characteristics
3. Pediatric Heart Valve Repair
And Replacement Market Trends And Strategies
4. Pediatric Heart Valve Repair
And Replacement Market - Macro Economic Scenario
5. Global Pediatric Heart Valve
Repair And Replacement Market Size and Growth
..................................
32. Global Pediatric Heart Valve
Repair And Replacement Market Competitive Benchmarking
33. Global Pediatric Heart Valve
Repair And Replacement Market Competitive Dashboard
34. Key Mergers And Acquisitions
In The Pediatric Heart Valve Repair And Replacement Market
35. Pediatric Heart Valve Repair
And Replacement Market Future Outlook and Potential Analysis
36. Appendix
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