Top 11 Aortic Valve Replacement Companies in the World

The global aortic valve replacement market reached a value of US$ 10.2 Billion in 2023. As per the analysis by IMARC Group, the top aortic valve replacement companies are focusing on developing new and innovative techniques for aortic valve replacement, such as minimally invasive procedures that reduce the risks and recovery time associated with traditional open-heart surgeries. Additionally, there has been a push toward the development of tissue-based aortic valves, which offer better durability and longevity compared to traditional mechanical valves. As a result, key players are extensively investing in research and development (R&D) activities to expand their consumer base and enhance their product portfolio. Moreover, they are also implementing various marketing and distribution strategies to capture a larger share of the market. Furthermore, several companies have established partnerships with hospitals and healthcare providers to promote their products and increase awareness among patients and physicians. By 2032, the market value is expected to reach US$ 25.0 Billion, growing at a projected CAGR of 10.1% during 2024-2032.

Learn about opportunities, challenges, and trends in the global Aortic Valve Replacement market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Aortic Valve Replacement Industry Worldwide:

The global aortic valve replacement market has several major players including Abbott Laboratories, Anteris Technologies Ltd., Boston Scientific Corporation, Coroneo Inc., CryoLife Inc., Edwaard Lifesciences Corporation, JenaValve Technology Inc., LifeNet Health Inc., LivaNova PLC, Medtronic Plc, and Thubrikar Aortic Valve Inc. More information about these companies has been provided below.

1. Abbott Laboratories

Abbott Laboratories is a leading company in the healthcare sector, producing breakthrough products in medical devices, nutrition, branded generic pharmaceuticals, and medical devices. Some of the most famous brands under this company are Similac, PediaSure, Pedialyte, EleCare, Ensure, FreeStyle, FreeStyle Libre, and Glucerna. The company has established a long-standing tradition of helping individuals live healthier lives globally.

2. Anteris Technologies Ltd.

Anteris Technologies Ltd. is a key player in the medical device industry that develops solutions for patients and physicians facing aortic stenosis. The company aims to deliver this pipeline of innovative medical device solutions in order to enhance people’s lives by utilizing its proprietary technology platform; which is based on the use of biocompatible polymers. Moreover, the flagship product of the company is DurAVR aortic valve replacement.

3. Boston Scientific Corporation

Boston Scientific Corporation is a brand dedicated to developing and commercializing medical devices that help physicians diagnose and treat a wide range of medical conditions. The company's portfolio includes products for cardiology, urology, endoscopy, neuromodulation, and more. One of Boston Scientific's key areas of focus is cardiovascular disease, a leading cause of death worldwide. The company offers a range of innovative products for the diagnosis and treatment of cardiovascular disease, including drug-eluting stents, catheters, and imaging technologies.

4. Coroneo Inc.

Coroneo Inc. is a brand synonym with premium, high-end surgical instruments. The company uses the finest titanium alloys to produce versatile instruments that can be adjusted during use as per the patient’s specific anatomy and to the surgeon’s surgical set up. The devices offered by this company are able to achieve economical and less-invasive surgical procedures.

5. CryoLife Inc.

CryoLife Inc. is a leading pharmaceutical company which partners with physicians to restore the health of patients by delivering innovative technological solutions with supreme quality. It provides preserved human tissues for cardiac and vascular surgeries, mechanical heart valves for aortic or mitral valve replacement, surgical adhesives and sealants, and cardiac lasers for treatment of refractory angina.

6. Edward Lifesciences Corporation

Edward Lifesciences Corporation is a global leader in patient-focused medical innovations for heart diseases. The company has an experience of 50 years, with its product portfolio, including transcatheter aortic valve replacement (TAVR), surgical aortic valve replacement (SAVR), and mitral valve repair and replacement. In addition to heart valves, Edwards Lifesciences Corporation offers hemodynamic monitoring devices, which provide clinicians with real-time information about a patient's cardiovascular function. These devices are used in critical care settings such as the ICU and OR to help clinicians optimize patient care.

7. JenaValve Technology Inc.

JenaValve Technology Inc. is a key player in the medical device company, specializing in the design and development of innovative transcatheter aortic valve replacement (TAVR). The company is committed to innovation and clinical excellence, with a strong research and development team, which includes experts in engineering, clinical research, and regulatory affairs. It works closely with leading physicians and healthcare providers to develop and refine its TAVR technology.

8. LifeNet Health Inc.

LifeNet Health Inc. is a non-profit organization dealing in regenerative medicine. It is one of the largest suppliers of allograft bio-implants and organs for transplantation globally. The company works toward a goal of saving lives, restoring health, and giving hope.

9. LivaNova PLC

LivaNova PLC is a renowned medical technology company transforming lives with solutions and therapies for the head and heart. The product portfolio of the company includes, advanced circulatory support, cardiopulmonary, difficult-to-treat depression, drug-resistant epilepsy, heart failure, and obstructive sleep apnea. The company has a strong commitment to innovation and research and development, with a focus on improving patient outcomes and reducing healthcare costs.

10. Medtronic Plc

Medtronic Plc is a multinational manufacturer of medical devices, therapies, and solutions. It offers a wide range of innovative products and services, which allows individuals to live longer, healthier lives. The company's products cover a broad spectrum of medical specialties, including cardiology, neurology, diabetes, spinal and orthopedic surgery, and many others. Some of the most well-known products include insulin pumps, pacemakers, heart valves, spinal implants, and surgical instruments.

11. Thubrikar Aortic Valve Inc.

Thubrikar Aortic Valve Inc. is a global leader of medical devices, which is working toward a mission to revolutionize the treatment of aortic stenosis by developing a transcatheter aortic valve durable enough for all patients. Thubrikar Aortic Valve's flagship product is the Optimum TAV, a next-generation transcatheter aortic valve replacement (TAVR) device. In addition to its product offerings, Thubrikar Aortic Valve is also dedicated to providing education and training to healthcare professionals. The company offers a range of educational resources, including webinars, conferences, and hands-on training programs, to support the development of healthcare professionals and improve patient outcomes.

About Author: