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Heart Valves Market Size
The Heart Valves Market size is a key metric for understanding the industry's economic value and growth potential. The global market, which was valued at an estimated USD 13.35 billion in 2025, is projected to reach USD 23.32 billion by 2030, reflecting a robust CAGR of 11.8%. This significant market size is a testament to the high demand for heart valve repair and replacement procedures, driven by the increasing prevalence of valvular heart disease and the aging global population. The market size is heavily influenced by the high cost of the devices, particularly the innovative transcatheter valves and the associated procedural costs. The high revenue generated from these procedures ensures that the market remains a high-value sector within the medical device industry.
The market size is not uniform across all segments. The transcatheter valve segment, for example, is the largest contributor to the overall market size, reflecting the widespread adoption of TAVR. Geographically, North America holds the largest portion of the market size due to its advanced healthcare system and high procedure volumes. The market size is also being driven by the continuous expansion of indications for TAVR and other transcatheter valves to include lower-risk patient populations. This expansion is significantly increasing the addressable market and contributing to the overall market size. The growing market size indicates a stable and expanding industry with substantial opportunities for further investment, innovation, and expansion.