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    South Korea Structural Heart Devices Market

    ID: MRFR/MED/55135-HCR
    200 Pages
    Garvit Vyas
    October 2025

    South Korea Structural Heart Devices Market Size, Growth Research Report By Type (Heart Valve Devices, Annuloplasty Rings, Occluders, Delivery Systems), By Indication (Valvular Heart Disease, Cardiomyopathy) andBy Procedure (Replacement Procedures, Repair Procedures)– Competitor Industry Analysis and Trends Forecast Till 2035

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    South Korea Structural Heart Devices Market Infographic
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    South Korea Structural Heart Devices Market Summary

    The South Korea Structural Heart Devices market is projected to grow significantly from 17.8 USD Million in 2024 to 45.6 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Structural Heart Devices Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 8.96 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 45.6 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 17.8 USD Million, laying a solid foundation for future expansion.
    • Growing adoption of advanced medical technologies due to increasing prevalence of cardiovascular diseases is a major market driver.

    Market Size & Forecast

    2024 Market Size 17.8 (USD Million)
    2035 Market Size 45.6 (USD Million)
    CAGR (2025-2035) 8.96%

    Major Players

    Transcatheter Technologies, Medtronic, Corindus Vascular Robotics, Abbott Laboratories, Cardiac Dimensions, Nuvem, Boston Scientific, Cameron Health, Fumedica, Aortica Corporation, SentreHEART, Edwards Lifesciences, CryoLife, Vascular Dynamics, LivaNova

    South Korea Structural Heart Devices Market Trends

    The South Korea Structural Heart Devices Market is currently experiencing significant trends driven by an increase in cardiovascular diseases and a growing aging population. The government of South Korea has prioritized healthcare improvements, leading to heightened awareness about heart diseases, which is prompting more patients to seek treatment. 

    This rise in patient numbers is a key market driver, motivating healthcare providers to invest in advanced technologies and innovations in structural heart devices. With a strong emphasis on improving healthcare infrastructure, South Korea is enhancing its hospital systems which, in turn, supports the availability and adoption of these medical devices.

    In recent times, there has been a notable shift toward minimally invasive procedures. Many South Korean hospitals are adopting techniques that reduce recovery time and associated risks, which is appealing to patients and healthcare professionals alike. 

    This trend toward less invasive surgical approaches is also fostered by education and training initiatives aimed at upskilling medical personnel in novel techniques and technologies. Additionally, collaborations between local companies and international firms are creating opportunities for product development and market expansion within this segment. 

    There is also an opportunity for the market to explore advancements in digital healthcare and telemedicine, especially in the context of post-operative care and remote patient monitoring.

    The integration of artificial intelligence and machine learning in device functionality presents a chance to enhance patient outcomes and streamline processes. As healthcare policies evolve and investment in health technology increases, there is a promising landscape for the growth and diversification of structural heart devices in South Korea, making it essential for stakeholders to stay attuned to these trends.

    Market Segment Insights

    Structural Heart Devices Market Type Insights

    The South Korea Structural Heart Devices Market has shown a notable growth trajectory, with Type-based segmentation revealing key insights into its components, including Heart Valve Devices, Annuloplasty Rings, Occluders, and Delivery Systems. Heart Valve Devices represent a critical sector within this market, vital for treating various valvular heart diseases. 

     the aging population in South Korea and the rising prevalence of heart-related conditions, there is an increasing demand for innovative and effective heart valve replacement technologies.Similarly, Annuloplasty Rings play an essential role in the treatment of heart valve malfunctions, offering stability and durability during surgical procedures, thus contributing to improved patient outcomes. Occluders, which are pivotal in treating structural heart defects such as atrial septal defects, are also gaining traction. 

    Their significance stems from their minimally invasive nature, leading to shorter recovery times and reducing the overall healthcare burden. Delivery Systems are crucial as they facilitate the implantation of structural heart devices effectively and safely.The advancements in technology related to these systems enhance procedural efficiency and patient safety. 

    Overall, the segmentation in the South Korea Structural Heart Devices Market underscores the sophisticated landscape of heart care, shaped by emerging technologies and a growing need for effective interventions in the face of rising cardiovascular diseases in the region. 

    As a result, each component plays a significant and interrelated role in enhancing the standard of heart care in South Korea, affirming the importance of continued innovation to meet the evolving health needs of its population.

    Structural Heart Devices Market Indication Insights

    The South Korea Structural Heart Devices Market showcases a distinct segmentation based on Indication, prominently featuring Valvular Heart Disease and Cardiomyopathy. Valvular Heart Disease is significant within the South Korean healthcare landscape due to the rising prevalence of age-related conditions, leading to increased healthcare demand for innovative solutions. 

    Similarly, Cardiomyopathy, affecting the heart muscle's ability to pump blood, requires specialized structural devices to enhance patient care. 

    The growing aging population in South Korea, coupled with advancements in technology and surgical techniques, is further propelling the demand for these particular indications in structural heart interventions.As healthcare providers strive towards improved outcomes and quality of life for patients, these segments are poised to play a critical role in shaping the future of cardiac care in the region. 

    With the emphasis on expanding treatment options and expanding accessibility, stakeholders are increasingly investing in Research and Development initiatives for these indications, ensuring a robust growth trajectory for the market.

    Structural Heart Devices Market Procedure Insights

    The South Korea Structural Heart Devices Market, focusing on the Procedure segment, showcases significant growth driven by advancements in medical technology and an aging population. Replacement Procedures, which involve the substitution of damaged heart structures, often dominate this segment due to their critical nature in treating severe cardiovascular conditions. 

    This aspect is further bolstered by increasing cardiovascular disease prevalence in South Korea, prompting a need for innovative solutions. 

    On the other hand, Repair Procedures aimed at fixing existing heart structures play a crucial role in addressing less severe but still problematic heart anomalies.Their significance lies in the ability to minimize patient recovery time and associated costs. As healthcare infrastructure in South Korea continues to evolve and more clinicians adopt advanced techniques, a considerable portion of the South Korea Structural Heart Devices Market will likely be driven by both Replacement and Repair Procedures, focusing on improving patient outcomes and reducing the burden of heart diseases. 

    The combination of demographic trends and technological improvements poised to enhance the overall efficacy of procedures in this market, reflecting wider market trends and aligning with global best practices in cardiac care.

    Get more detailed insights about South Korea Structural Heart Devices Market Research Report - Forecast to 2035

    Key Players and Competitive Insights

    The South Korea Structural Heart Devices Market is a rapidly evolving sector within the medical devices industry, characterized by significant advancements and competitive dynamics. As the prevalence of cardiovascular diseases continues to rise, the demand for structural heart interventions has surged, leading to increased innovation and investment in this market. 

    The competitive landscape is shaped by a mix of established players and emerging companies that are focusing on developing novel therapies and devices to address a range of structural heart conditions. 

    The market is marked by continuous advancements in technology, regulatory changes, and evolving patient needs, compelling companies to constantly adapt their strategies to maintain a competitive edge.Transcatheter Technologies has solidified its presence in the South Korea Structural Heart Devices Market through its commitment to providing innovative transcatheter solutions for cardiac conditions. The company's strengths lie in its advanced technology, which aims to enhance procedural efficiencies and improve patient outcomes. 

    Their emphasis on research and development has led to a robust portfolio that addresses various structural heart issues through minimally invasive approaches. With a strong focus on clinical efficacy and patient safety, Transcatheter Technologies has developed a reputation for delivering high-quality devices. The company’s strategic collaborations with healthcare institutions and continued engagement in clinical trials further augment its competitive position within the South Korean market, underscoring its commitment to pioneering advancements in heart health.

    Medtronic stands as a formidable player in the South Korea Structural Heart Devices Market, leveraging its extensive experience and market reach. Known for its comprehensive range of products, Medtronic offers various structural heart devices designed to treat conditions such as valvular heart diseases and congenital heart defects. 

    The company benefits from strong brand recognition, which has been built through continuous innovation and strategic mergers and acquisitions aimed at enhancing its product offerings. Medtronic's key product line includes transcatheter heart valves and devices that facilitate minimally invasive procedures, thus significantly improving surgical outcomes. Its proactive approach to engaging with healthcare professionals and participating in regional medical conferences strengthens its market presence and fosters strategic partnerships. 

    This enables Medtronic to stay at the forefront of the industry, continuously addressing the evolving needs of the South Korean population while maintaining a focus on enhancing patient care through technologically advanced solutions.

    Key Companies in the South Korea Structural Heart Devices Market market include

    Industry Developments

    In recent months, the South Korea Structural Heart Devices Market has seen significant advancements, with major players like Medtronic, Abbott Laboratories, and Edwards Lifesciences actively expanding their portfolios to meet growing demand. Medtronic launched its latest transcatheter aortic valve replacement technology in March 2023, aimed at improving surgical outcomes. 

    Meanwhile, Abbott Laboratories introduced new features in their heart monitoring systems, enhancing patient care. In terms of mergers and acquisitions, Corindus Vascular Robotics completed an acquisition by Siemens Healthineers in September 2022, strengthening their market position. 

    The growing prevalence of heart diseases in South Korea has spurred investment in innovative solutions, leading to an estimated market valuation growth of 8.5% in the past year alone, contributing to enhanced treatment options for patients. Various companies, including Boston Scientific and CryoLife, have also invested in local Research and Development initiatives to adapt to South Korean healthcare regulations. 

    The consistent emphasis on quality and regulatory compliance by the South Korean government is paving the way for advanced structural heart devices, thereby influencing market dynamics and encouraging technological collaborations among leading organizations in the sector.

    Market Segmentation

    Outlook

    • Replacement Procedures
    • Repair Procedures

    Structural Heart Devices Market Type Outlook

    • Heart Valve Devices
    • Annuloplasty Rings
    • Occluders
    • Delivery Systems

    Structural Heart Devices Market Procedure Outlook

    • Replacement Procedures
    • Repair Procedures

    Structural Heart Devices Market Indication Outlook

    • Valvular Heart Disease
    • Cardiomyopathy

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 17.75(USD Million)
    MARKET SIZE 2024 19.25(USD Million)
    MARKET SIZE 2035 45.6(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.155% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2023
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Transcatheter Technologies, Medtronic, Corindus Vascular Robotics, Abbott Laboratories, Cardiac Dimensions, Nuvem, Boston Scientific, Cameron Health, Fumedica, Aortica Corporation, SentreHEART, Edwards Lifesciences, CryoLife, Vascular Dynamics, LivaNova
    SEGMENTS COVERED Type, Indication, Procedure
    KEY MARKET OPPORTUNITIES Aging population demand, Emerging minimally invasive procedures, Advanced biomaterials innovation, Increased healthcare expenditure, Growing awareness of heart diseases
    KEY MARKET DYNAMICS aging population, increasing prevalence of cardiovascular diseases, advancement in minimally invasive procedures, growing awareness of treatment options, rise in healthcare investments
    COUNTRIES COVERED South Korea

    FAQs

    What is the expected market size of the South Korea Structural Heart Devices Market in 2024?

    The South Korea Structural Heart Devices Market is expected to be valued at 19.25 million USD in 2024.

    What will be the projected market value of the South Korea Structural Heart Devices Market by 2035?

    By 2035, the South Korea Structural Heart Devices Market is anticipated to reach a value of 45.6 million USD.

    What is the expected CAGR for the South Korea Structural Heart Devices Market from 2025 to 2035?

    The expected CAGR for the South Korea Structural Heart Devices Market from 2025 to 2035 is 8.155 percent.

    Which type of structural heart device is projected to have the highest market value in 2035?

    Heart Valve Devices are projected to have the highest market value of 19.6 million USD in 2035.

    What is the estimated market size for Annuloplasty Rings in 2024?

    The market size for Annuloplasty Rings is estimated to be 4.5 million USD in 2024.

    Who are the key players in the South Korea Structural Heart Devices Market?

    Major players in the market include Medtronic, Abbott Laboratories, Boston Scientific, Edwards Lifesciences, and several others.

    What is the expected market value for Occluders by 2035?

    The expected market value for Occluders is forecasted to be 8.2 million USD by 2035.

    What is the projected market size for Delivery Systems in 2024?

    The projected market size for Delivery Systems in 2024 is 3.0 million USD.

    What are the potential growth drivers for the South Korea Structural Heart Devices Market?

    Potential growth drivers for the market include advancements in technology and increasing prevalence of structural heart diseases.

    How is the competitive landscape shaped in the South Korea Structural Heart Devices Market?

    The competitive landscape is shaped by leading companies such as Transcatheter Technologies, Corindus Vascular Robotics, and LivaNova among others.

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