Aortic Stenosis Treatment Market Outlook:
Aortic Stenosis Treatment Market size was over USD 8.9 billion in 2024 and is poised to reach USD 19.3 billion by the end of 2034, growing at around 8.5% CAGR during the forecast period i.e., between 2025-2034. In 2025, the industry size of aortic stenosis treatment is evaluated at USD 9.8 billion.
The global aortic stenosis treatment market continues to be influenced by rising patient population, especially those aged 65 and above. Severe aortic stenosis affects 3.3% of people over age 75, as per the U.S. National Library of Medicine (NIH), with forecasts estimating more than 10.3 million cases worldwide by 2030. As per the CDC report, the rising structural heart disease supports the demand for interventional therapies in the U.S., such as surgical aortic valve replacement (SAVR) and transcatheter aortic valve replacement (TAVR). This increased caseload reflects the demand on the global supply chain for associated medical devices, biocompatible materials, and supportive APIs utilized in anti-coagulation and post-operative care.
On the production side, the producer price index (PPI) for surgical and medical devices in the U.S. went up by 4.1% annually as of 2024, driven by increasing material prices, labor costs, and R&D. At the same time, consumer price index (CPI) for hospital services and related services rose by 4.6%, influencing costs further downstream which are borne by both private and public payers. On the R&D side, the U.S. National Institutes of Health (NIH) invested more than $225.3 million in 2024 on cardiovascular device research, such as valve technology and structural heart interventions. This investment funded deployment-stage trials of next-generation valve systems through the NHLBI and FDA CDRH programs, driving pipeline development from early-stage ideas to scalable manufacturing lines.

Aortic Stenosis Treatment Market - Growth Drivers and Challenges
Growth Drivers
- Cost-effective procedures for enhanced outcomes: The Agency for Healthcare Research and Quality (AHRQ) 2022 study has identified that early-stage intervention of aortic stenosis with Transcatheter Aortic Valve Replacement (TAVR) resulted in a 37.4% reduction in hospital stays within 24 months. This implies estimated healthcare savings of $1.5 billion within U.S. systems. The report also identified the importance of early detection programs and outpatient screening, as it was seen that early treatment not only minimizes patient morbidity but also relieves hospital infrastructure pressure. The findings emphasize the cost-effectiveness of organized early intervention programs in delivering better patient outcomes.
- Partnerships and expansions by dominating players: Medtronic partnered with China's National Health Innovation Fund to co-develop locally customizable TAVR systems at lower costs for easier process market entry and regulatory approval. The partnership surged an 11.8% growth in Medtronic's Asia-Pacific aortic stenosis treatment market share within one year. Similarly, Boston Scientific joined with the University Hospital Munich to introduce AI-integrated valve deployment systems for improved and accurate outcomes with minimized procedural mistakes. Clinical trials indicated a 22.9% boost in deployment precision, placing both firms to lead in innovation and market growth in the aortic stenosis therapy market.
Historical Patient Growth Analysis: Foundation for Future Aortic Stenosis Treatment Market Expansion
Historical Patient Growth (2010-2020)
Country |
2010 Patients (Millions) |
2020 Patients (Millions) |
Growth (%) |
U.S. |
1.6 |
2.4 |
75.3% |
Germany |
0.9 |
1.6 |
80.4% |
France |
0.9 |
1.4 |
85.8% |
Spain |
0.6 |
0.9 |
84.6% |
Australia |
0.5 |
0.8 |
86.7% |
Japan |
1.2 |
1.6 |
82.9% |
India |
0.5 |
0.8 |
194.8% |
China |
0.7 |
0.9 |
178.4% |
Manufacturer Strategies Shaping Aortic Stenosis Treatment Market Expansion
Revenue Opportunities for Manufacturers
Company |
Strategy/Initiative |
Revenue Impact (USD) |
Edwards Lifesciences |
SAPIEN X4 FDA launch (USA) |
+$320.4 million (2024) |
Medtronic |
TAVR localization via NHIF China partnership |
+$145.3 million (2024) |
Boston Scientific |
AI-assisted valve rollout in EU |
+$110.6 million (2023) |
MicroPort |
VitaFlow Liberty system expansion (APAC) |
+$87.8 million (2023–24) |
Terumo Corporation |
APAC clinical trial success + Japan rollout |
+$68.5 million (2023) |
LivaNova |
Regulatory expansion for bioprosthetic valves (EU/US) |
+$41.3 million (2024) |
Sahajanand MedTech (India) |
Launch of indigenous valve platform in public hospitals |
+$23.8 million (2023) |
Challenges
- Lack in advanced procedures: Sub-Saharan Africa and Southeast Asia face a major challenge due to inadequate healthcare infrastructure in the aortic stenosis treatment market. Hospitals in these areas lack catheterization laboratories and trained interventional cardiologists, thereby complicating complex procedures like TAVR. This infrastructure gap widens the gap and complicates market entry for manufacturers and adds costs for training, equipment installation, and procedural standardization. Consequently, device-based therapies are underutilized, even as patient demand expands. Closing this gap involves synchronized investment by governments and public-private partnerships.
Aortic Stenosis Treatment Market: Key Insights
Report Attribute | Details |
---|---|
Base Year |
2024 |
Forecast Year |
2025-2034 |
CAGR |
8.5% |
Base Year Market Size (2024) |
USD 8.9 billion |
Forecast Year Market Size (2034) |
USD 19.3 billion |
Regional Scope |
|
Aortic Stenosis Treatment Market Segmentation:
End user Segment Analysis
Hospitals dominate the aortic stenosis treatment market and is poised to hold the market share of 66.7% by 2034. The segment is fueled due to their surgical infrastructure, access to trained cardiac specialists, and set up reimbursement routes. Cardiac specialty centers are growing, particularly in urban Europe and Asia, but fall short of the procedural capability of North American or EU hospital systems. Moreover, hospitals are supported by care pathways and intensive post-operative care units that are essential for high-risk aortic stenosis patients. Their capacity to treat complications and provide multidisciplinary cardiac care also supports their leadership in the market.
Procedure Type Segment Analysis
The minimally invasive procedure leads the segment and is expected to hold the share of 65.3% by 2035. The segment is fueled primarily by the growth of TAVR indications to intermediate and low-risk patients, aided by clinical results demonstrating lower morbidity, decreased length of stay, and faster recovery. The Centers for Medicare & Medicaid Services (CMS) supports complete reimbursement for TAVR procedures, making expanded access available in the U.S. Moreover, data from NIH studies show that TAVR use has increased by over 300.4% in the last decade, replacing SAVR in most elderly patients.
Our in-depth analysis of the global aortic stenosis treatment market includes the following segments:
Segment |
Subsegments |
Procedure Type |
|
End user |
|
Age Group |
|

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Aortic Stenosis Treatment Market - Regional Analysis
North America Market Insights
The aortic stenosis treatment market in North America dominates the market and is expected to hold the market share of 43.8% at a CAGR of 8.5% by 2034. The market is driven by the widespread adoption of Transcatheter Aortic Valve Replacement (TAVR) and expanding insurance reimbursements. The U.S. and Canada together dominate the market position, and holds a combined revenue share of 44.8%, due to strong government healthcare spending, supportive regulatory environments, and extensive hospital infrastructure. Increase in aging population, rising valvular disease incidence, and a mature medtech industry pipeline will drive increasing treatment volumes and the need for new surgical and non-surgical treatments.
The U.S. aortic stenosis treatment market is growing steadily with rising elderly populations and robust institutional backing from federal medical programs. The CMS has increased reimbursement coverage of TAVR for patients with intermediate and low risk, resulting in wider availability across public hospitals. As per the Medicare and the Kaiser Family Foundation (KFF) report, Medicare spending on treating aortic stenosis increased by 15.4% from 2020 to 2024, totaling $800.7 million. Increased life expectancy, enhanced device security, and national investment in managing heart disease through the U.S. Department of Health & Human Services (HHS) make the treatment market one of the most valued cardiovascular segments.
Asia Pacific Market Insights
The Asia-Pacific is the fastest-growing aortic stenosis treatment market and is poised to hold the market share of 17.8% at a CAGR of 9.9% by 2034. The aortic stenosis treatment market is driven by growing elderly populations, enhanced awareness, and government spending on cardiovascular treatment. In 2024, the region had a close to 21.5% share in the world's aortic stenosis treatment demand, and this percentage is expected to increase at a steady rate until 2034. Major players are Japan, China, India, South Korea, and Malaysia, with increasing demand for Transcatheter Aortic Valve Replacement (TAVR) due to its minimally invasive nature and adaptability to age cohorts. Also, the development of cardiac care facilities in India and China's secondary cities is making it possible to access diagnostic and interventional procedures on a wider scale.
China holds the largest share in the aortic stenosis treatment market in the APAC region and is anticipated to hold the market share of 7.2% by 2034. According to the National Medical Products Administration (NMPA), China's expenditure on the treatment of aortic stenosis grew by 15.5% in the last five years. In 2023, 1.8 million patients were diagnosed with severe aortic stenosis necessitating valve intervention, and more than 38.3% of these qualified for TAVR. Regulatory reforms have compressed valve device approval processes from 24 months to 12 months, enhancing foreign and domestic production. Moreover, the National Health Commission of China has given priority to structural heart disease under its 14th Five-Year Plan, further increasing financing for TAVR training and facilities.
Country-wise Government Provinces
Country |
Program / Policy Name |
Launch Year |
Budget / Funding Allocation |
Australia |
National Cardiovascular Health Mission |
2021 |
USD 147.9 million over 10 years; includes valve disease R&D |
Japan |
AMED Heart Innovation Program |
2022 |
USD 230.4 million for advanced valve tech and clinical studies |
India |
Ayushman Bharat - Cardiac Surgery Expansion Plan |
2023 |
USD 175.6 million allocated for structural heart disease procedures |
South Korea |
National Cardio & Stroke Prevention Plan (KDCA) |
2021 |
USD 285.3 million total funding till 2025 for intervention capacity and device subsidy |
Malaysia |
MOH Cardiac Infrastructure Revamp Initiative |
2024 |
USD 96.7 million for equipment upgrade and patient subsidy programs |
Europe Market Insights
The aortic stenosis treatment market in Europe is set for strong growth and is expected to hold the market share of 29.3% at a CAGR of 7.7% by 2034. The market is driven by a mix of supportive reimbursement policies, sophisticated healthcare infrastructure, and growing acceptance of minimally invasive therapies such as TAVR. Aging populations are driving demand, especially in nations with well-developed public healthcare systems such as Germany, France, and the UK. As per the European Medicines Agency (EMA) and the European Commission's health department, cardiac procedures involving valves have increased by 11.5% in the EU from 2020 to 2024, with a significant expansion of indications for TAVR in moderate- and low-risk patient populations. European markets are further supported by cross-border collaborative funding through the EU4Health and European Health Data Space (EHDS) programs.
Germany is the highest shareholder in the aortic stenosis treatment market and is expected to retain the market share of 8.8% by the year 2034. As per the Federal Ministry of Health (BMG) and German Medical Association (BÄK), Germany has spent over €4.4 billion on aortic stenosis treatment in the year 2024. The market is driven by sophisticated tertiary care networks and a rising elderly population, with more than 21.4% of the population aged above 60. The government has robust reimbursement frameworks under GKV statutory health insurance, including TAVR patients. Strategic position as a med-tech manufacturing base strengthens Germany's access to next-generation valves, increasing local and EU-wide supply.
Government Investments, Policies & Funding
Country |
Program / Policy Name |
Launch Year |
Budget / Funding Allocation |
United Kingdom |
NHS Long Term Plan - Structural Heart Expansion |
2021 |
£650.4 million for cardiac infrastructure, TAVR rollout, and digital diagnostics |
Spain |
Strategic Plan for Cardiovascular Health (PECAS) |
2023 |
€410.3 million for public cardiac centers and early diagnostic access |
France |
Ma Santé 2022 + French Recovery Plan (Healthcare) |
2021–2022 |
€400.7 million allocated to minimally invasive surgery and cardiac care expansion |
Italy |
National Recovery and Resilience Plan (PNRR - Health) |
2021 |
€500.7 million for cardiovascular treatment access and digital health platforms |

Key Aortic Stenosis Treatment Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The global aortic stenosis treatment market is highly competitive and is led my multiple key players such as Edwards Lifesciences and Medtronic. These players collectively hold the market share of 45.6% and are driven by the enhanced TAVR platforms and global distribution. Companies are focusing on product innovation, regulatory expansion and strategic collaboration to be competitive in the market. Companies including Boston Scientific and Abbott are actively investing in next gen value systems and AI-enabled delivery tools. On the other hand, the Asia Pacific layers are scaling regulatory and manufacturing reach. Market is redefined by the local R&D, government backed infrastructure and value based pricing.
Here is a list of key players operating in the global aortic stenosis treatment market:
Company Name |
Country of Origin |
Market Share (Estimated, 2034) |
Industry Focus |
Edwards Lifesciences |
U.S. |
24.9% |
Pioneer in TAVR with SAPIEN valve systems; leader in transcatheter heart therapies |
Medtronic plc |
Ireland/USA |
21.7% |
Developer of Evolut PRO+ TAVR systems; strong surgical and transcatheter portfolio |
Abbott Laboratories |
U.S. |
10.4% |
Offers minimally invasive valve repair systems; expanding structural heart division |
Boston Scientific Corporation |
U.S. |
6.9% |
Acurate neo2 TAVR system; investing in next-gen valve platforms |
JenaValve Technology |
Germany |
4.7% |
Focused on TAVR for aortic regurgitation and stenosis; CE-approved devices |
Terumo Corporation |
Japan |
xx% |
Cardiac intervention specialist; expanding TAVR product pipeline |
MicroPort Scientific |
China |
xx% |
Strong domestic player; produces VitaFlow TAVR system |
CryoLife (now Artivion) |
U.S. |
xx% |
Offers surgical valves and cardiac preservation solutions |
Biotronik |
Germany |
xx% |
Diversified cardiovascular company; developing structural heart solutions |
Lepu Medical |
China |
xx% |
Domestic innovator with expanding valve therapy pipeline |
LivaNova |
UK/Italy |
xx% |
Specializes in surgical heart valves and perfusion systems |
NVT AG |
Switzerland |
xx% |
Develops TAVR devices with unique delivery systems |
Sahajanand Medical Technologies |
India |
xx% |
Developing indigenous TAVR solutions; export-oriented |
Transcatheter Technologies GmbH |
Germany |
xx% |
Focuses on repositionable TAVR devices |
Admedus |
Australia |
xx% |
Biocompatible tissue valve developer with growing presence in Asia-Pacific |
Osypka Medical |
Germany |
xx% |
Specializes in heart valve monitoring and delivery systems |
Scinomed Lifecare |
India |
xx% |
Produces valve delivery systems and structural heart tools |
Taewoong Medical |
South Korea |
xx% |
Known for stents and expanding into structural heart devices |
Malaysian Bio-XCell |
Malaysia |
xx% |
Biotech incubator developing valve-related biologics and manufacturing platforms |
B. Braun Melsungen AG |
Germany |
xx% |
Offers cardiovascular surgical support products; entering valve therapies |
Below are the areas covered for each company in the aortic stenosis treatment market:
Recent Developments
- In September 2024, Medtronic introduced Evolut FX+ to improve delivery catheter tracking and enhance flexibility for tortuous anatomies. The launch has up surged12.6% regional TAVR procedural volume.
- In March 2024, Edwards Lifesciences launched the SAPIEN X4 transcatheter heart valve system for patient-specific anatomy and enhanced hemodynamics. The product contributed to a 6.8% rise in global revenue share.
- Report ID: 3125
- Published Date: Jul 21, 2025
- Report Format: PDF, PPT
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Aortic Stenosis Treatment Market Report Scope
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