The aortic valve is a valve between the left ventricle and aorta. It divides the heart’s key pumping chamber and the aorta that provides oxygen intense blood to the body. Aortic valve disease restricts blood flow and forces the heart to work tougher to supply blood to the rest of the body. Aortic valve stenosis, aortic valve regurgitation is the aortic valve diseases. It is treated with the procedures such as aortic valve repair and aortic valve replacement. These procedures help to restore normal blood flow, help to preserve the function of the heart muscles, and reduce symptoms.

The global aortic valve market is growing at a significant rate, due to the mounting occurrence of valvular diseases, and expanding programs for creating alertness about valve replacement. Different products such as a transcatheter aortic valve, sutureless aortic valve, and others contributed to the aortic valve market size. The market has witnessed high demand for transcatheter aortic valve due to a mounting number of clinical studies for enlarging their uses, mounting occurrence of cardiovascular diseases, and escalating initiatives for research activities.

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The mounting occurrence of valvular diseases, expanding the geriatric population, escalating healthcare expenditure, intensifying number of clinical trials, and expanding programs for creating alertness about valve replacement are the primary growth drivers for aortic valve market. For instance, according to the World Health Organization (WHO), globally in 2010 approximately 524 million people were aged 65 years and older and is expected to reach 1.5 billion in 2050.

Mounting inclination towards minimally invasive surgeries, escalating number of product launches and approvals, and favorable reimbursement scenario are also facilitating the growth for the aortic valve market.

Geographically, North America is the largest aortic valve market as in the region the healthcare expenditure is increasing. In addition, the mounting occurrence of valvular diseases, expanding the geriatric population, the presence of a large number of medical device manufacturers, and advanced reimbursement structure is also up surging growth of the North American aortic valve market.

Asia-Pacific is observed to witness the fastest growth in the market, due to the mounting occurrence of valvular diseases and the presence of a large number of the patient base with cardiovascular diseases. In addition, mounting healthcare expenditure, expanding geriatric population, mounting medical tourism, refining healthcare infrastructure, and escalating inclination towards minimally invasive surgery are also creating a positive impact on the aortic valve market growth in the region.

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Key players in the aortic valve market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In June 2017, Edwards Lifesciences Corporation received FDA approval for aortic and mitral valve-in-valve procedures utilizing the Edwards SAPIEN 3 transcatheter heart valve. Boston Scientific Corporation, LivaNova Plc, Edwards Lifesciences Corporation, Abbott Laboratories, CryoLife Inc. and Medtronic plc are the key players offering aortic valve.

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