The COVID-19 global pandemic will have a significant impact on the Asia Pacific heart valve device market, resulting in lost procedure volumes in the short term followed by a period of recovery. However, once circumstances improve, the Asia Pacific heart valve device market will experience robust growth through 2029, driven by economic expansion, an aging population, and the launch and adoption of new THV devices. 

This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for heart valve devices in Asia Pacific across a 10-year period.

Adoption of THV—particularly TAVR—will drive growth of the Asia Pacific heart valve device market.

What factors are driving adoption of TAVR in Asia Pacific? Do they vary by country?

How much does the high cost of TAVR impact adoption in the Asia Pacific region?

What types of patients will be eligible for these procedures?

Who are the local competitors in this market?

What other THV products are under development?

The COVID-19 pandemic is having a significant impact on cardiovascular medtech markets.

Which upcoming products and clinical trials will be delayed as a result of the pandemic?

How significantly are heart valve procedure volumes being affected in the wake of the crisis?

How soon will revenues recover after the impact of the pandemic?

Due to cost-sensitive nature of Asia Pacific countries, companies will need to have different strategies to succeed in the heart valve device market.

What strategies are companies using to enter and increase their market share in the Asia Pacific heart valve device market?

How will these strategies differ between countries within the Asia Pacific market?

Who are the major players in this space?

The disease epidemiology of those in the Asia Pacific region differs from that of Western countries.

How will these differences affect the choice between tissue and mechanical heart valves?

Which heart valves are most likely to be replaced or repaired in the Asia Pacific region?

How does disease epidemiology vary among the Asia Pacific countries?

Surgical heart valve replacement and surgical annuloplasty repair devices face increasing competition from THV devices.

How will new THV device technologies affect the surgical repair and replacement device markets?

When are TMVI devices expected to enter the Asia Pacific market? Which company is most likely to enter first?

When are TMVR devices expected to enter China, and South Korean Markets?

Table of contents

  • Heart Valve Devices - Market Insights - Asia Pacific
    • Abstract
    • Executive Summary
      • COVID-19 Updates
        • Market Highlights
          • Factors Impacting the Heart Valve Device Market, by Product Type, Asia Pacific
          • Heart Valve Device Market, by Product Type, Asia Pacific (USD), 2019–2029
          • Heart Valve Device Market Landscape, Asia Pacific (USD), 2019 and 2029
        • Competitive Highlights
          • Competitive Factors and Strategies, by Procedure Type, Asia Pacific
          • Surgical Heart Valve Device Revenue Market Share Rankings, by Country, Asia Pacific, 2019
          • Companies Mentioned
        • Market Developments
          • Recent Events in the Heart Valve Device Market, Asia Pacific
          • Key Clinical Trials in the Heart Valve Devices Market, Asia Pacific
          • Emerging Products for the Heart Valve Device Market, Asia Pacific
          • Companies Developing Transcatheter Devices
        • End-User Insights
          • Geographies Covered
            • Geographies Covered, Asia Pacific
            • Average Currency Exchange Rates
          • Procedures Covered
            • Heart Valve Device Procedures Covered, Asia Pacific
          • Products Covered
            • Heart Valve Devices Covered, Asia Pacific
        • Key Report Updates
          • COVID-19 Analysis
            • Market Impact
              • COVID-19 Impact Assessment Summary, Heart Valve Device Market, Asia Pacific
            • Guidance and Recommendations
              • Guidance and Recommendations for Heart Valve Device Procedures
            • Industry and Clinician Perspectives
              • Major Market Forecast Changes and Assumptions
                • Heart Valve Device Market, by Product Type, Asia Pacific (USD), 2019–2029 (Excluding COVID-19 Impact)
                • Heart Valve Device Market, by Product Type, Asia Pacific (USD), 2019–2029 (Including COVID-19 Impact)
              • Competitive Impact
                • COVID-19 Competitive Factors and Strategies, Heart Valve Device Market, Asia Pacific
                • COVID-19 Impact by Competitor, Heart Valve Device Market, Asia Pacific
            • Heart Valve Device Market
              • Market Highlights
                • Factors Impacting the Heart Valve Device Market, by Product Type, Asia Pacific
                • Heart Valve Device Market, by Product Type, Asia Pacific (USD), 2019–2029
                • Heart Valve Device Market, by Country, Asia Pacific (USD), 2019–2029
              • Market Definitions
                • Market Forecast Data
                  • Heart Valve Device Procedures, by Product Type, Asia Pacific, 2019–2029
                  • Heart Valve Device Procedures, by Position, Asia Pacific, 2019–2029
                  • Heart Valve Device Procedures, by Country, Asia Pacific, 2019–2029
                  • Heart Valve Device Market, by Product Type, Asia Pacific (USD), 2019–2029
                  • Heart Valve Device Market, by Technique, Asia Pacific (USD), 2019–2029
                  • Heart Valve Device Market, by Country, Asia Pacific (USD), 2019–2029
                • Competitive Highlights
                  • Market Shares
                    • Surgical Heart Valve Device Revenue Market Shares, Asia Pacific, 2019
                    • Surgical Heart Valve Device Revenue Market Shares, by Product Type, Asia Pacific, 2019
                    • Surgical Heart Valve Device Revenue Market Shares, by Country, Asia Pacific, 2019
                    • THV Device Company List, Asia Pacific, 2019
                  • Competitive Factors and Strategies
                    • Competitive Factors and Strategies, by Procedure Type, Asia Pacific
                  • Market Developments
                    • Recent Events in the Heart Valve Device Market, Asia Pacific
                    • Key Clinical Trials in the Heart Valve Devices Market, Asia Pacific
                    • Emerging Products for the Heart Valve Device Market, Asia Pacific
                    • Companies Developing Transcatheter Devices
                • Heart Valve Replacement Device Market
                  • Market Highlights
                    • Heart Valve Replacement Device Market, by Product Type, Asia Pacific (USD), 2019–2029
                    • Heart Valve Replacement Device Market, by Country, Asia Pacific (USD), 2019–2029
                  • Market Definitions
                    • Market Forecast Data
                      • Heart Valve Replacement Device Procedures, by Position, Asia Pacific, 2019–2029
                      • Heart Valve Replacement Device Procedures, by Technique, Asia Pacific, 2019–2029
                      • Heart Valve Replacement Device Procedures, by Country, Asia Pacific, 2019–2029
                      • Aortic Heart Valve Replacement Device Procedures, by Product Type, Asia Pacific, 2019–2029
                      • Mitral Heart Valve Replacement Device Procedures, by Product Type, Asia Pacific, 2019–2029
                      • Other Heart Valve Replacement Device Procedures, by Product Type, Asia Pacific, 2019–2029
                      • Heart Valve Replacement Device Market, by Technique, Asia Pacific (USD), 2019–2029
                      • Heart Valve Replacement Device Market, by Country, Asia Pacific (USD), 2019–2029
                      • Surgical Heart Valve Replacement Device Procedures, by Product Type, Asia Pacific, 2019–2029
                      • Surgical Heart Valve Replacement Device Procedures, by Country, Asia Pacific, 2019–2029
                      • Surgical Heart Valve Replacement Device Market, by Product Type, Asia Pacific (USD), 2019–2029
                      • Surgical Heart Valve Replacement Device Market, by Country, Asia Pacific (USD), 2019–2029
                      • Tissue Heart Valve Procedures, by Position, Asia Pacific, 2019–2029
                      • Tissue Heart Valve Procedures, by Country, Asia Pacific, 2019–2029
                      • Tissue Heart Valve Procedures, by Position, Australia, 2019–2029
                      • Tissue Heart Valve Procedures, by Position, China, 2019–2029
                      • Tissue Heart Valve Procedures, by Position, India, 2019–2029
                      • Tissue Heart Valve Procedures, by Position, South Korea, 2019–2029
                      • Tissue Heart Valve Market, by Country, Asia Pacific (USD), 2019–2029
                      • Tissue Heart Valve Market Growth, by Country, Asia Pacific, 2020-2029
                      • Mechanical Heart Valve Procedures, by Position, Asia Pacific, 2019–2029
                      • Mechanical Heart Valve Procedures, by Country, Asia Pacific, 2019–2029
                      • Mechanical Heart Valve Procedures, by Position, Australia, 2019–2029
                      • Mechanical Heart Valve Procedures, by Position, China, 2019–2029
                      • Mechanical Heart Valve Procedures, by Position, India, 2019–2029
                      • Mechanical Heart Valve Procedures, by Position, South Korea, 2019–2029
                      • Mechanical Heart Valve Market, by Country, Asia Pacific (USD), 2019–2029
                      • Mechanical Heart Valve Market Growth, by Country, Asia Pacific, 2020-2029
                      • THV Replacement Device Procedures, by Product Type, Asia Pacific, 2019–2029
                      • THV Replacement Device Procedures, by Country, Asia Pacific, 2019–2029
                      • THV Replacement Device Market, by Product Type, Asia Pacific (USD), 2019–2029
                      • THV Replacement Device Market, by Country, Asia Pacific (USD), 2019–2029
                      • TAVR Device Procedures, by Country, Asia Pacific, 2019–2029
                      • TAVR Device Market, by Country, Asia Pacific (USD), 2019–2029
                      • TAVR Device Market Growth, by Country, Asia Pacific, 2020-2029
                      • TMVI Device Procedures, by Country, Asia Pacific, 2019–2029
                      • TMVI Device Market, by Country, Asia Pacific (USD), 2019–2029
                      • TMVI Device Market Growth, by Country, Asia Pacific, 2020-2029
                    • Competitive Highlights
                      • Market Shares
                        • Surgical Heart Valve Replacement Device Revenue Market Shares, Asia Pacific, 2019
                        • Surgical Heart Valve Replacement Device Revenue Market Shares, by Product Type, Asia Pacific, 2019
                        • Surgical Heart Valve Replacement Device Revenue Market Shares, by Country, Asia Pacific, 2019
                        • TAVR Device Company List, Asia Pacific, 2019
                      • Competitive Factors and Strategies
                        • Competitive Factors and Strategies, by Product Type, Asia Pacific
                    • Heart Valve Repair Device Market
                      • Market Highlights
                        • Heart Valve Repair Device Market, by Technique, Asia Pacific (USD), 2019–2029
                        • Heart Valve Repair Device Market, by Country, Asia Pacific (USD), 2019–2029
                      • Market Definitions
                        • Market Forecast Data
                          • Heart Valve Repair Device Procedures, by Position, Asia Pacific, 2019–2029
                          • Heart Valve Repair Device Procedures, by Technique, Asia Pacific, 2019–2029
                          • Heart Valve Repair Device Procedures, by Country, Asia Pacific, 2019–2029
                          • Mitral Heart Valve Repair Device Procedures, by Technique, Asia Pacific, 2019–2029
                          • Heart Valve Repair Device Market, by Technique, Asia Pacific (USD), 2019–2029
                          • Heart Valve Repair Device Market, by Country, Asia Pacific (USD), 2019–2029
                          • Surgical Annuloplasty Device Procedures, by Position, Asia Pacific, 2019–2029
                          • Surgical Annuloplasty Device Procedures, by Country, Asia Pacific, 2019–2029
                          • Surgical Annuloplasty Device Procedures, by Position, Australia, 2019–2029
                          • Surgical Annuloplasty Device Procedures, by Position, China, 2019–2029
                          • Surgical Annuloplasty Device Procedures, by Position, India, 2019–2029
                          • Surgical Annuloplasty Device Procedures, by Position, South Korea, 2019–2029
                          • Surgical Annuloplasty Device Market, by Country, Asia Pacific (USD), 2019–2029
                          • Surgical Annuloplasty Device Market Growth, by Country, Asia Pacific, 2020-2029
                          • TMVR Device Procedures, by Country, Asia Pacific, 2019–2029
                          • TMVR Device Market, by Country, Asia Pacific (USD), 2019–2029
                          • TMVR Device Market Growth, by Country, Asia Pacific, 2020-2029
                        • Competitive Highlights
                          • Market Shares
                            • Surgical Annuloplasty Device Revenue Market Shares, Asia Pacific, 2019
                            • Surgical Annuloplasty Device Revenue Market Shares, Asia Pacific, 2019 (1)
                            • TMVR Device Revenue Market Shares, Asia Pacific, 2019
                          • Competitive Factors and Strategies
                            • Competitive Factors and Strategies, by Product Type, Asia Pacific
                        • Appendix
                          • Abbreviations
                            • Bibliography

                          Author(s): Suraj Nair, Masters in Bioprocess Technology

                          Suraj Nair is a Research Associate within the Cardiovascular Medtech Insights team at Decision Resources Group, specializing in the Electrophysiology Mapping and Ablation Devices Market. Suraj holds a Master’s degree in Bioprocess Technology from the Institute of Chemical Technology, Mumbai and has a prior experience of working in the biopharmaceutical industry for two years and in the market research industry for medical devices for a year.