The Annuloplasty System Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Annuloplasty System Market?
The annuloplasty system market size has seen significant growth in recent years. In terms of numbers, it is projected to expand from $0.65 billion in 2024 to $0.70 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Annuloplasty System Industry?
By 2029, the annuloplasty system market is expected to grow to $0.92 billion with a compound annual growth rate (CAGR) of 7.0%.
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What are the Key Growth Drivers Fueling the Annuloplasty System Market?
The key drivers in the annuloplasty system market are:
• Increasing adoption of minimally invasive procedures
• Growth in transcatheter annuloplasty procedures
• Rising global prevalence of cardiovascular diseases
• Growing demand for personalized medicine
Global Market Segmentation: Identifying Major Annuloplasty System Industry Segments
The annuloplasty system market covered in this report is segmented –
1) By Device Type: Annular Rings And Bands, Suture Annuloplasty Devices
2) By Procedure Type: Open Heart Surgery, Minimally Invasive Annuloplasty, Robotic Assisted Annuloplasty
3) By Valve Type: Mitral Valve, Tricuspid Valves, Aortic Valves, Pulmonary Valves
4) By End User: Hospitals, Ambulatory Surgical Centers, Cardiac Care Centers
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What are the Emerging Trends Shaping the Future of the Annuloplasty System Market?
The key trends in the annuloplasty system market are:
• Integration of artificial intelligence in surgical planning is emerging as a key trend.
• The development of bioabsorbable annuloplasty rings is a significant new direction.
• There is a rising trend towards robotic-assisted heart valve repair.
• There is an increased focus on using three-dimensional (3D) printing for customized implants.
Who Are the Top Competitors & Leading Players in the Annuloplasty System Market?
Major players in the annuloplasty system market are:
• Abbott Laboratories
• Medtronic PLC
• Becton Dickinson and Company
• Boston Scientific Corporation
• B. Braun Mesungen AG
• Terumo Corporation
• Edwards Lifesciences Corporation
• LivaNova PLC
• MicroPort Scientific Corporation
• B.Braile Biomedica
• Affluent Medical
• Micro Interventional Devices Inc.
• NeoChord Inc.
• Labcor Laboratories Ltd.
• BioVentrix Inc.
• CryoLife Inc.
• Genesse BioMedical
• BioStable Science & Engineering Inc.
• FOC Medical S.A
• Cardiac Implants LLC.
Regional Dominance: Which Area Leads the Global Annuloplasty System Market?
North America was the largest region in the annuloplasty system market in 2024
