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Latin America Prosthetic Heart Valves Market Research Report - Segmented By Product & Country (Mexico, Brazil, Argentina, Chile & Rest of Latin America) - Industry Analysis, Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2495
Pages: 132

Latin America Prosthetic Heart Valves Market Size (2022 to 2027)

The size of the Latin America Prosthetic Heart Valves Market has been calculated at USD 0.74 billion in 2022. It is further estimated to be growing at a CAGR of 13.6% and worth USD 1.40 billion by 2027.

The introduction of valve replacement surgery in the 1950s has revolutionized the treatment of patients with valvular heart disease. Almost 300,000 valve replacements are done worldwide in a year, which may be mechanical valves or bioprosthetic valves.  

Even though the replacement of valves almost completely eliminates the problem faced by the patient, new problems come to the fore as the patient is affected by prosthetic valve hemodynamic, durability, and thrombogenicity. Nonetheless, in spite of the many prostheses related complications, most of which can be prevented or their impact minimized, artificial valves remain the preferred method of treatment of rheumatic heart disorders or valve failures.

The rise of the Prosthetic Heart Valves market is mainly driven by technological advancements and the rise in the prevalence of heart valve disorders. The aging population, as well as the population affected by heart diseases, are other drivers of the market along with changing lifestyles, funding provided by the government, awareness about heart diseases, rise in the number of heart surgeries and increased availability of medical centers equipped to deal with the surgery. However, the market growth is hampered by factors such as the lack of skilled professionals, high cost of development, reimbursement issues and strict government regulations.

This research report on the Latin America Prosthetic Heart Valves Market segmented and sub-segmented into the following categories:

By Product:

  • Mechanical Heart Valve
  • Tissue Heart Valve
  • Stented Tissue Heart Valve
  • Stentless Tissue Heart Valve
  • Transcatheter Heart Valve

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

The Latin American market is one of the smallest market players but still has the second-highest growth rate globally. This offers immense scope for development in the region mainly due to the developing stature of the countries as well as the ease of establishing a new enterprise in the region. The market is expected to be one of the major players in the coming years.

Some of the noteworthy companies dominating the Latin America Prosthetic Heart Valves Market are Corvia Medical, CardioKinetix, Biomerics LLC, Lepu Medical Technology, XELTIS BV, Comed BV, HLT, Meril Life Sciences, SYMETIS SA and Transcatheter Technologies.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Mechanical Heart Valve     

                                5.1.3 Tissue Heart Valve               

                                5.1.4 Transcatheter Heart Valve               

                                5.1.5  Y-o-Y Growth Analysis, By Type    

                                5.1.6  Market Attractiveness Analysis, By Type  

                                5.1.7  Market Share Analysis, By Type    

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Corvia Medical                          

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 CardioKinetix                             

                8.3 Biomerics LLC                             

                8.4 Lepu Medical Technology                     

                8.5 XELTIS BV                    

                8.6 Comed BV                   

                8.7 Meril Life Sciences                   

                8.8 SYSMETIS SA                              

                8.9 HLT                 

                8.10 Transcatheter Technologies GmbH                

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Latin America Prosthetic Heart Valves Market, By Type, From 2022 - 2027 (USD Billion)
  2. Latin America Mechanical Heart Valves Market, By Region, From 2022 - 2027 (USD Billion)
  3. Latin America Tissue Heart Valves Market, By Region, From 2022 - 2027 (USD Billion)
  4. Latin America Transcatheter Heart Valves Market, By Region, From 2022 - 2027 (USD Billion)
  5. Brazil Prosthetic Heart Valves Market, By Type, From 2022 - 2027 (USD Billion)
  6. Argentina Prosthetic Heart Valves Market, By Type, From 2022 - 2027 (USD Billion)
  7. Mexico Prosthetic Heart Valves Market, By Type, From 2022 - 2027 (USD Billion)
  8. Rest of Latin America Prosthetic Heart Valves Market, By Type, From 2022 - 2027 (USD Billion)

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