Middle East & Africa Aortic Valve Replacement Devices Market Forecast to 2030
Middle East & Africa Aortic Valve Replacement Devices Market Forecast to 2030 – Regional Analysis – by Product (Sutureless Valve and Mechanical Valve), Surgery (Minimally Invasive Surgery and Open Surgery), and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others)
$2,485 – $3,885
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Increasing Number of Clinical Studies Fuels Middle East & Africa Aortic Valve Replacement Devices Market
A surge in research activity is driven by several factors, including growing prevalence of aortic valve diseases, advancements in medical technology, and need for more evidence-based approaches to treatment. Clinical studies are crucial in assessing the safety and efficacy of new surgical techniques, prosthetic valves, and transcatheter interventions. These studies also help identify risk factors, optimize patient selection criteria, and evaluate long-term outcomes to improve patient care and quality of life. As the demand for aortic valve replacement continues to rise, so does the importance of conducting robust clinical trials to provide healthcare professionals and patients with the best available evidence for making informed treatment options. With ongoing research and collaboration between medical institutions, the future of aortic valve replacement looks promising, with the potential for even more innovative and effective approaches on the horizon.
A few technological advancements by the players in the aortic valve replacement devices are mentioned below:
• Trial started in January 2019, innovative device for pain management by millimeter band radiation: electronic-pain killer (EPIKARD).
Trial started in January 2017, vascular closure device in transcatheter aortic valve replacement. Evaluation of the safety and efficacy of a percutaneous plug-based large-bore vascular closure device for femoral artery closure in an unselected consecutive patient cohort undergoing transcatheter aortic valve implantation in a single-center prospective study.
Middle East & Africa Aortic Valve Replacement Devices Market Overview
The Middle East & Africa aortic valve replacement devices market is categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia is expected to register the largest share of the market in this region during the forecast period. The flourishing medical tourism sector and growing government initiatives to create awareness about modern healthcare products are the factors contributing to the aortic valve replacement devices market growth in Middle East & Africa.
Middle East & Africa Aortic Valve Replacement Devices Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Aortic Valve Replacement Devices Market Segmentation
The Middle East & Africa aortic valve replacement devices market is segmented into product, surgery, end user, and country.
Based on product, the Middle East & Africa aortic valve replacement devices market is segmented into sutureless valve and mechanical valve. The sutureless valve held a larger Middle East & Africa aortic valve replacement devices market share in 2022.
Based on surgery, the Middle East & Africa aortic valve replacement devices market is segmented into minimally invasive surgery and open surgery. The minimally invasive surgery segment held a larger Middle East & Africa aortic valve replacement devices market share in 2022.
Based on end user, the Middle East & Africa aortic valve replacement devices market is segmented into hospitals & clinics, ambulatory surgical centers, and others. The hospitals & clinics segment held the largest Middle East & Africa aortic valve replacement devices market share in 2022.
Based on country, the Middle East & Africa aortic valve replacement devices market has been categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa aortic valve replacement devices market share in 2022.
Abbott Laboratories, Medtronic Plc, Boston Scientific Corp, LivaNova Plc, Edwards Lifesciences Corp, and Artivion Inc, are some of the leading companies operating in the aortic valve replacement devices market.
Summary Info
| Industry: | |
|---|---|
| Pricing options: | |
| Geographical coverage: | |
| Year of Publication: |
According to The Research Team’ research, the Middle East & Africa aortic valve replacement devices market was valued at US$ 279.19 million in 2022 and is expected to reach US$ 625.23 million by 2030, registering a CAGR of 10.6% from 2022 to 2030. Rising number of aortic valve replacement surgeries and increasing demand for minimally invasive techniques are among the critical factors attributed to the Middle East & Africa aortic valve replacement devices market expansion.
There has been a significant increase in the number of aortic valve replacement surgeries performed worldwide recently. The mitral or aortic valves are repaired or replaced in almost all of these procedures. This surge can be attributed to several factors, including advancements in medical technology, an aging population, and improved awareness of heart-related conditions. Aortic valve replacement is a critical procedure often used to treat aortic valve stenosis or regurgitation, conditions that can lead to serious complications if left untreated. As medical science continues to evolve, these surgeries are expected to become even safer and more accessible, contributing to better patient outcomes and improved quality of life for those affected by aortic valve diseases. Healthcare systems are adapting to accommodate this growing demand for surgical interventions, emphasizing the importance of preventive measures and early detection in managing cardiovascular health.
On the contrary, product recalls hurdle the growth of Middle East & Africa aortic valve replacement devices market.
Based on product, the Middle East & Africa aortic valve replacement devices market is segmented into sutureless valve and mechanical valve. The sutureless valve segment held 62.4% share of Middle East & Africa aortic valve replacement devices market in 2022, amassing US$ 174.28 million. It is projected to garner US$ 403.78 million by 2030 to expand at 11.1% CAGR during 2022–2030.
Based on surgery, the Middle East & Africa aortic valve replacement devices market is segmented into minimally invasive surgery and open surgery. The minimally invasive surgery segment held 86.1% share of Middle East & Africa aortic valve replacement devices in 2022, amassing US$ 240.25 million. It is projected to garner US$ 556.53 million by 2030 to expand at 11.1% CAGR during 2022–2030.
Based on end user, the Middle East & Africa aortic valve replacement devices market is segmented into hospitals & clinics, ambulatory surgical centers, and others. The hospitals & clinics segment held 65.1% share of Middle East & Africa aortic valve replacement devices market in 2022, amassing US$ 181.85 million. It is projected to garner US$ 419.94 million by 2030 to expand at 11.0% CAGR during 2022–2030.
Based on country, the Middle East & Africa aortic valve replacement devices market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 40.5% share of Middle East & Africa aortic valve replacement devices market in 2022. It was assessed at US$ 113.10 million in 2022 and is likely to hit US$ 267.6 million by 2030, exhibiting a CAGR of 11.4% during 2022–2030.
Key players operating in the Middle East & Africa aortic valve replacement devices market are Abbott Laboratories, Medtronic Plc, Boston Scientific Corp, LivaNova Plc, Edwards Lifesciences Corp, and Artivion Inc., among others.
In May 2023, Edwards Lifesciences announced new data from the COMMENCE aortic trial, demonstrating low structural valve deterioration (SVD) rates in bioprosthetic aortic valves with the company’s innovative RESILIA tissue. The data, representing the longest clinical follow-up for Edwards’ bioprosthetic surgical aortic valve with RESILIA tissue with a mean follow-up of 7.7 years, were presented at the 103rd annual meeting of the American Association for Thoracic Surgery. In Feb 2023, Medtronic relaunched its Harmony Transcatheter Pulmonary Valve (TPV) System, a minimally invasive alternative to open-heart surgery for congenital heart disease patients with native or surgically repaired right ventricular outflow tract (RVOT).
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa aortic valve replacement devices market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa aortic valve replacement devices market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the aortic valve replacement devices market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Aortic Valve Replacement Devices Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Middle East & Africa PEST Analysis
4.3 Pipeline Analysis
5. Middle East & Africa Aortic Valve Replacement Devices Market – Key Industry Dynamics
5.1 Key Market Drivers:
5.1.1 Rising Number of Aortic Valve Replacement Surgeries
5.1.2 Increasing Demand for Minimally Invasive Techniques
5.2 Market Restraints
5.2.1 Product Recalls
5.2.2 Stringent Regulations Regarding Structure Heart Devices
5.3 Market Opportunities
5.3.1 Advancements in Aortic Valve Replacement Devices
5.4 Future Trends
5.4.1 Increasing Number of Clinical Studies
5.5 Impact Analysis:
6. Aortic Valve Replacement Devices Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Aortic Valve Replacement Devices Market Revenue (US$ Mn), 2022 – 2030
7. Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 – by Product
7.1 Overview
7.2 Middle East & Africa Aortic Valve Replacement Devices Market Revenue Share, by Product 2022 & 2030 (%)
7.3 Mechanical Valve
7.3.1 Overview
7.3.2 Mechanical Valve: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Sutureless Valve
7.4.1 Overview
7.4.2 Sutureless Valve: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 – by Surgery.
8.1 Overview
8.2 Middle East & Africa Aortic Valve Replacement Devices Market Revenue Share, by Surgery, 2022 & 2030 (%)
8.3 Open Surgery
8.3.1 Overview
8.3.2 Open Surgery: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Minimally Invasive Surgery
8.4.1 Overview
8.4.2 Minimally Invasive Surgery: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 – by End User.
9.1 Overview
9.2 Middle East & Africa Aortic Valve Replacement Devices Market Revenue Share, by End User, 2022 & 2030 (%)
9.3 Hospitals & Clinics
9.3.1 Overview
9.3.2 Hospitals & Clinics: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Ambulatory Surgery Centers
9.4.1 Overview
9.4.2 Ambulatory Surgery Centers: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Aortic Valve Replacement Devices Market – Country Analysis
10.1 Middle East and Africa: Aortic Valve Replacement Devices Market
10.1.1 Overview
10.1.2 Middle East and Africa: Aortic Valve Replacement Devices Market, by Country, 2022 & 2030 (%)
10.1.2.1 South Africa: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 South Africa: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.3 South Africa: Aortic Valve Replacement Devices Market, by Product, 2020–2030 (US$ Million)
10.1.2.1.4 South Africa: Aortic Valve Replacement Devices Market, by Surgery, 2020–2030 (US$ Million)
10.1.2.1.5 South Africa: Aortic Valve Replacement Devices Market, by End User, 2020–2030 (US$ Million)
10.1.2.2 Saudi Arabia: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 Saudi Arabia: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.3 Saudi Arabia: Aortic Valve Replacement Devices Market, by Product, 2020–2030 (US$ Million)
10.1.2.2.4 Saudi Arabia: Aortic Valve Replacement Devices Market, by Surgery, 2020–2030 (US$ Million)
10.1.2.2.5 Saudi Arabia: Aortic Valve Replacement Devices Market, by End User, 2020–2030 (US$ Million)
10.1.2.3 U.A.E: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 U.A.E: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.3 U.A.E: Aortic Valve Replacement Devices Market, by Product, 2020–2030 (US$ Million)
10.1.2.3.4 U.A.E: Aortic Valve Replacement Devices Market, by Surgery, 2020–2030 (US$ Million)
10.1.2.3.5 U.A.E: Aortic Valve Replacement Devices Market, by End User, 2020–2030 (US$ Million)
10.1.2.4 Rest of Middle East and Africa: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.1 Overview
10.1.2.4.2 Rest of Middle East and Africa: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.3 Rest of Middle East and Africa: Aortic Valve Replacement Devices Market, by Product, 2020–2030 (US$ Million)
10.1.2.4.4 Rest of Middle East and Africa Aortic Valve Replacement Devices Market, by Surgery, 2020–2030 (US$ Million)
10.1.2.4.5 Rest of Middle East and Africa Aortic Valve Replacement Devices Market, by End User, 2020–2030 (US$ Million)
11. Middle East & Africa Aortic Valve Replacement Devices Market Industry Landscape
11.1 Overview
11.2 Growth Strategies in Middle East & Africa Aortic Valve Replacement Devices Market
11.3 Organic Growth Strategies
11.3.1 Overview
11.4 Inorganic Growth Strategies
11.4.1 Overview
12. Key Company Profiles
12.1 Abbott Laboratories
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Medtronic Plc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Boston Scientific Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 LivaNova Plc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Edwards Lifesciences Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Artivion Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About Us
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Aortic Valve Replacement Devices Market Segmentation
Table 2. South Africa Aortic Valve Replacement Devices Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 3. South Africa Aortic Valve Replacement Devices Market, by Surgery– Revenue and Forecast to 2030 (US$ Million)
Table 4. South Africa Aortic Valve Replacement Devices Market, by End User– Revenue and Forecast to 2030 (US$ Million)
Table 5. Saudi Arabia Aortic Valve Replacement Devices Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 6. Saudi Arabia Aortic Valve Replacement Devices Market, by Surgery– Revenue and Forecast to 2030 (US$ Million)
Table 7. Saudi Arabia Aortic Valve Replacement Devices Market, by End User– Revenue and Forecast to 2030 (US$ Million)
Table 8. U.A.E Aortic Valve Replacement Devices Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 9. U.A.E Aortic Valve Replacement Devices Market, by Surgery– Revenue and Forecast to 2030 (US$ Million)
Table 10. U.A.E Aortic Valve Replacement Devices Market, by End User– Revenue and Forecast to 2030 (US$ Million)
Table 11. Rest of Middle East and Africa Aortic Valve Replacement Devices Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 12. Rest of Middle East and Africa Aortic Valve Replacement Devices Market, by Surgery– Revenue and Forecast to 2030 (US$ Million)
Table 13. Rest of Middle East and Africa Aortic Valve Replacement Devices Market, by End User– Revenue and Forecast to 2030 (US$ Million)
Table 14. Recent Organic Growth Strategies in Aortic Valve Replacement Devices Market
Table 15. Recent Inorganic Growth Strategies in the Aortic Valve Replacement Devices Market
Table 16. Glossary of Terms, Aortic Valve Replacement Devices Market
LIST OF FIGURES
Figure 1. Middle East & Africa Aortic Valve Replacement Devices Market Segmentation, By Country
Figure 2. Middle East & Africa – PEST Analysis
Figure 3. Middle East & Africa Aortic Valve Replacement Devices Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Middle East & Africa Aortic Valve Replacement Devices Market Revenue (US$ Mn), 2022 – 2030
Figure 6. Middle East & Africa Aortic Valve Replacement Devices Market Revenue Share, by Product 2022 & 2030 (%)
Figure 7. Mechanical Valve: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Sutureless Valve: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Middle East & Africa Aortic Valve Replacement Devices Market Revenue Share, by Surgery 2022 & 2030 (%)
Figure 10. Open Surgery: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Minimally Invasive Surgery: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Middle East & Africa Aortic Valve Replacement Devices Market Revenue Share, by End User 2022 & 2030 (%)
Figure 13. Hospitals & Clinics: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Ambulatory Surgery Centers: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Others: Middle East & Africa Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Middle East and Africa: Aortic Valve Replacement Devices Market, by Key Country – Revenue (2022) (US$ Million)
Figure 17. Middle East and Africa: Aortic Valve Replacement Devices Market, by Country, 2022 & 2030 (%)
Figure 18. South Africa: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Saudi Arabia: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. U.A.E: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Rest of Middle East and Africa: Aortic Valve Replacement Devices Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Growth Strategies in Middle East & Africa Aortic Valve Replacement Devices Market
The List of Companies – Middle East & Africa Aortic Valve Replacement Devices Market
o Abbott Laboratories
o Artivion Inc
o Boston Scientific Corp
o Edwards Lifesciences Corp
o LivaNova Plc
o Medtronic Plc
You must be logged in to post a review.
Reviews
There are no reviews yet.