Product Code: TIPRE00039182
The balloon aortic valvuloplasty market size is expected to grow from US$ 125.08 million in 2023 to US$ 190.27 million by 2031; it is projected to register a CAGR of 5.4% during 2023-2031. The rising prevalence of aortic valve stenosis and increasing demand for minimally invasive procedures are noteworthy factors contributing to the expansion of the balloon aortic valvuloplasty market size. However, the high cost of procedures hinders the balloon aortic valvuloplasty market growth.
TAVR was originally considered only for patients with severe aortic stenosis who were considered inoperable or at very high risk. However, continuous technological evolution in valve technology and the results of randomized trials have expanded its usage to younger and lower-risk patients, making it a mainstream treatment for aortic valve disease. With developments in valve production technologies, bioprosthetic heart valves are becoming more popular and applicable to younger and lower-risk patients. With its minimally invasive feature, a majority of valve replacements will soon be via TAVR. New-generation transcatheter heart valves have substantially improved procedural efficacy, safety, and patient outcomes, making TAVR an appealing option for different patient risk groups.
Predicting the performance of the heart valve upon implantation is critically important for a successful TAVR. It is desirable to mechanically assess selected heart valves before implantation to ensure proper valve function with minimal complications after implantation. A potential practical and effective solution for applying engineering analysis to the mechanical assessment of heart valves is incorporating deep learning (DL)-based systems to advance and simplify the computational biomechanical analyses relevant to TAVR. In recent years, immense developments in DL techniques have led to state-of-the-art performances in many computer vision tasks, including image classification, image segmentation, and object detection. DL has been extensively investigated for various cardiac imaging applications, including diagnostic, prognostic, risk stratification, and therapeutic/surgical treatment planning. Numerous studies have investigated DL approaches for assessing TAVR outcomes to predict postoperative complications and prosthetic valve defects.
Through continuous research and development, the future of TAVR promises breakthrough possibilities, further strengthening its place as a transformative therapy in cardiovascular medicine. Currently, only the Edwards SAPIEN 3 Ultra, Medtronic EVOLUT FX, and Abbott Navitor valves have been approved by the FDA. Although most of the clinical experience with TAVR is linked to the Edwards and Medtronic valve systems, the potential transcatheter heart valves lineup extends beyond these leaders, with as many as five to ten new TAVR valves in the development phase. The future of TAVR appears bright, with indications growing, procedural volumes soaring, and an increasing number of clinical sites offering the procedure, although long-term durability remains a key concern. The leaflets of currently available valves are derived from porcine or bovine pericardial tissue. New valve platforms incorporating creative leaflet materials and other design innovations are being developed to increase long-term durability. Some new trials promise to offer crucial guidance for TAVR operators seeking to offer long-term solutions. The SMART (i.e., SMall Annuli Randomized to Evolut or SAPIEN) trial is the first randomized industry-sponsored (Medtronic) head-to-head comparison of the two most commonly used TAVR devices: SAPIEN 3 and Evolut in small anatomies. The trial was conducted at 83 international sites in North America, Europe, and the Middle East & Africa. The trial enrolled 716 participants with a small aortic annulus (aortic annulus area of 430 mm2 or less based on multi-detector computed tomography) and symptomatic severe native aortic stenosis. In April 2024, the American College of Cardiology announced that findings from the SMART trial demonstrated that patients with a small aortic annulus who underwent TAVR with Evolut valve had similar clinical outcomes and superior valve performance at one year compared with patients who underwent TAVR with SAPIEN 3 valve. Researchers said the results are encouraging in terms of the clinical outcomes of both valve types. Researchers will continue to track outcomes over the next five years. Thus, research and development activities focused on improving TAVI procedures are likely to bring in new trends in the balloon aortic valvuloplasty market.
Product Type -Based Insights
Based on product type, the balloon aortic valvuloplasty market is segmented into non compliant balloons and semi compliant balloons. The non compliant balloons segment held a larger balloon aortic valvuloplasty market share in 2023 and is expected to register a higher CAGR in the market during 2023-2031.
National Echo Database of Australia and the Institute of Health Economics are among the primary and secondary sources referred to while preparing the balloon aortic valvuloplasty market report.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
4. Balloon Aortic Valvuloplasty Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Regional Pricing Analysis, By Product Type, 2023
5. Balloon Aortic Valvuloplasty Market - Key Market Dynamics
- 5.1 Balloon Aortic Valvuloplasty Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Rising Prevalence of Aortic Valve Stenosis
- 5.2.2 Increasing Demand for Minimally Invasive Procedures
- 5.3 Market Restraints
- 5.3.1 High Cost of Procedures
- 5.4 Market Opportunities
- 5.4.1 Advancements in Aortic Valve Replacement Technologies
- 5.5 Future Trends
- 5.5.1 Improvements in TAVI Combined with Research and Development
- 5.6 Impact of Drivers and Restraints:
6. Balloon Aortic Valvuloplasty Market - Global Market Analysis
- 6.1 Balloon Aortic Valvuloplasty Market Revenue (US$ Thousand), 2021-2031
- 6.2 Market Positioning Analysis, 2023
7. Balloon Aortic Valvuloplasty Market Analysis - by Product Type
- 7.1 Overview
- 7.2 Global: Balloon Aortic Valvuloplasty Market - - Revenue and Forecast Analysis - by Product Type
- 7.3 Global: Balloon Aortic Valvuloplasty Market - - Volume and Forecast Analysis - by Product Type
- 7.4 Non Compliant Balloons
- 7.4.1 Overview
- 7.4.2 Non Compliant Balloons: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 7.5 Semi Compliant Balloons
- 7.5.1 Overview
- 7.5.2 Semi Compliant Balloons: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
8. Balloon Aortic Valvuloplasty Market - Geographical Analysis
- 8.1 Overview
- 8.2 North America
- 8.2.1 North America Balloon Aortic Valvuloplasty Market Overview
- 8.2.2 North America: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.2.3 North America: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.2.3.1 North America: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Product Type
- 8.2.3.2 North America: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis - by Product Type
- 8.2.4 North America: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Country
- 8.2.4.1 Canada: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.2.4.1.1 Canada: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.2.4.1.2 Canada: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.2.4.2 Mexico: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.2.4.2.1 Mexico: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.2.4.2.2 Mexico: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.3 Europe
- 8.3.1 Europe Balloon Aortic Valvuloplasty Market Overview
- 8.3.2 Europe: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.3.3 Europe: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.3.3.1 Europe: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Product Type
- 8.3.3.2 Europe: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.3.4 Europe: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Country
- 8.3.4.1 Germany: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.3.4.1.1 Germany: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.3.4.1.2 Germany: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.3.4.2 United Kingdom: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.3.4.2.1 United Kingdom: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.3.4.2.2 United Kingdom: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.3.4.3 France: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.3.4.3.1 France: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.3.4.3.2 France: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.3.4.4 Italy: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.3.4.4.1 Italy: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.3.4.4.2 Italy: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.3.4.5 Spain: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.3.4.5.1 Spain: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.3.4.5.2 Spain: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.3.4.6 Rest of Europe: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.3.4.6.1 Rest of Europe: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.3.4.6.2 Rest of Europe: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Balloon Aortic Valvuloplasty Market Overview
- 8.4.2 Asia Pacific: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.4.3 Asia Pacific: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.4.3.1 Asia Pacific: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Product Type
- 8.4.3.2 Asia Pacific: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.4.4 Asia Pacific: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Country
- 8.4.4.1 China: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.4.4.1.1 China: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.4.4.1.2 China: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.4.4.2 Japan: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.4.4.2.1 Japan: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.4.4.2.2 Japan: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.4.4.3 India: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.4.4.3.1 India: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.4.4.3.2 India: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.4.4.4 South Korea: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.4.4.4.1 South Korea: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.4.4.4.2 South Korea: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.4.4.5 Australia: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.4.4.5.1 Australia: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.4.4.5.2 Australia: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.4.4.6 Rest of APAC: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.4.4.6.1 Rest of APAC: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.4.4.6.2 Rest of APAC: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.5 Middle East and Africa
- 8.5.1 Middle East and Africa Balloon Aortic Valvuloplasty Market Overview
- 8.5.2 Middle East and Africa: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.5.3 Middle East and Africa: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.5.3.1 Middle East and Africa: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Product Type
- 8.5.3.2 Middle East and Africa: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.5.4 Middle East and Africa: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Country
- 8.5.4.1 Saudi Arabia: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.5.4.1.1 Saudi Arabia: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.5.4.1.2 Saudi Arabia: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.5.4.2 South Africa: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.5.4.2.1 South Africa: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.5.4.2.2 South Africa: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.5.4.3 United Arab Emirates: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.5.4.3.1 United Arab Emirates: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.5.4.3.2 United Arab Emirates: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.5.4.4 Rest of Middle East and Africa: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.5.4.4.1 Rest of Middle East and Africa: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.5.4.4.2 Rest of Middle East and Africa: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.6 South and Central America
- 8.6.1 South and Central America Balloon Aortic Valvuloplasty Market Overview
- 8.6.2 South and Central America: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.6.3 South and Central America: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.6.3.1 South and Central America: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Product Type
- 8.6.3.2 South and Central America: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.6.4 South and Central America: Balloon Aortic Valvuloplasty Market - Revenue and Forecast Analysis - by Country
- 8.6.4.1 Brazil: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.6.4.1.1 Brazil: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.6.4.1.2 Brazil: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.6.4.2 Argentina: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.6.4.2.1 Argentina: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.6.4.2.2 Argentina: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
- 8.6.4.3 Rest of South and Central America: Balloon Aortic Valvuloplasty Market - Revenue and Forecast to 2031 (US$ Thousand)
- 8.6.4.3.1 Rest of South and Central America: Balloon Aortic Valvuloplasty Market Breakdown, by Product Type
- 8.6.4.3.2 Rest of South and Central America: Balloon Aortic Valvuloplasty Market - Volume and Forecast Analysis (Units) - by Product Type
9. Company Profiles
- 9.1 B Braun SE
- 9.1.1 Key Facts
- 9.1.2 Business Description
- 9.1.3 Products and Services
- 9.1.4 Financial Overview
- 9.1.5 SWOT Analysis
- 9.1.6 Key Developments
- 9.2 TT Medical, Inc.
- 9.2.1 Key Facts
- 9.2.2 Business Description
- 9.2.3 Products and Services
- 9.2.4 Financial Overview
- 9.2.5 SWOT Analysis
- 9.2.6 Key Developments
- 9.3 Balton
- 9.3.1 Key Facts
- 9.3.2 Business Description
- 9.3.3 Products and Services
- 9.3.4 Financial Overview
- 9.3.5 SWOT Analysis
- 9.3.6 Key Developments
- 9.4 Becton Dickinson and Co
- 9.4.1 Key Facts
- 9.4.2 Business Description
- 9.4.3 Products and Services
- 9.4.4 Financial Overview
- 9.4.5 SWOT Analysis
- 9.4.6 Key Developments
- 9.5 Edwards Lifesciences Corp
- 9.5.1 Key Facts
- 9.5.2 Business Description
- 9.5.3 Products and Services
- 9.5.4 Financial Overview
- 9.5.5 SWOT Analysis
- 9.5.6 Key Developments
- 9.6 Balt
- 9.6.1 Key Facts
- 9.6.2 Business Description
- 9.6.3 Products and Services
- 9.6.4 Financial Overview
- 9.6.5 SWOT Analysis
- 9.6.6 Key Developments
- 9.7 Venus MedTech HangZhou Inc
- 9.7.1 Key Facts
- 9.7.2 Business Description
- 9.7.3 Products and Services
- 9.7.4 Financial Overview
- 9.7.5 SWOT Analysis
- 9.7.6 Key Developments
- 9.8 NuMED
- 9.8.1 Key Facts
- 9.8.2 Business Description
- 9.8.3 Products and Services
- 9.8.4 Financial Overview
- 9.8.5 SWOT Analysis
- 9.8.6 Key Developments
- 9.9 Simeks
- 9.9.1 Key Facts
- 9.9.2 Business Description
- 9.9.3 Products and Services
- 9.9.4 Financial Overview
- 9.9.5 SWOT Analysis
- 9.9.6 Key Developments
- 9.10 OSYPKA
- 9.10.1 Key Facts
- 9.10.2 Business Description
- 9.10.3 Products and Services
- 9.10.4 Financial Overview
- 9.10.5 SWOT Analysis
- 9.10.6 Key Developments
10. Appendix
- 10.1 About The Insight Partners