Pre-order Enquiry
Request Free Sample
Global Transcatheter Heart Valve Replacement and Repair Market Size, Status and Forecast 2022
SKU ID : QYR-19858004 | Publishing Date : 06-Jan-2022 | No. of pages : 99
The Transcatheter Heart Valve Replacement and Repair industry can be broken down into several segments, TAVR, TPVR and TMVR.
Valvular heart diseases are associated with the person’s advancing age, caused by the congenital defects or inefficiency of valves to function. Valve dysfunction results in restricting physical activities that leads to decline in quality of life and even death. Hence, due to these reasons many years have been spent on developing heart valve devices in order to repair and replace the damaged heart valves. Over the past few years innovation and recent technological advancements have resulted in manufacturing of transcatheter heart valve that are less risky and need minimally invasive surgical procedure. Increase in number of people with valvular heart disease and rise in demand for minimally invasive surgical procedure will augment the growth of transcatheter heart valve replacement industry in the near future.
The classification of Transcatheter Heart Valve Replacement and Repair includes TAVR, TPVR and TMVR. The proportion of TAVR in 2019 is about 80%.
North America and Europe are the largest consumption place, with a revenue market share nearly 95% in 2019. APAC has the highest growth in the market. The market is expected to grow at a faster pace due to significant developments and sales in countries such as India, Malaysia, South Korea and China.
Market competition is not intense. Edwards Lifesciences, Medtronic, Abbott, Boston Scientific, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Market Analysis and Insights: Global Transcatheter Heart Valve Replacement and Repair Market
The global Transcatheter Heart Valve Replacement and Repair market size is projected to reach US$ 13940 million by 2027, from US$ 5167 million in 2020, at a CAGR of 15.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Transcatheter Heart Valve Replacement and Repair market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Transcatheter Heart Valve Replacement and Repair market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Transcatheter Heart Valve Replacement and Repair market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Transcatheter Heart Valve Replacement and Repair market.
Global Transcatheter Heart Valve Replacement and Repair Scope and Market Size
Transcatheter Heart Valve Replacement and Repair market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Transcatheter Heart Valve Replacement and Repair market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
TAVR
TPVR
TMVR
Segment by Application
Hospitals
Ambulatory Surgical Centers
Cardiac Catheterization Laboratory
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Edwards Lifesciences
Medtronic
Abbott
Boston Scientific
Venus Medtech
Meril Life Sciences
Braile Biomedica
Valvular heart diseases are associated with the person’s advancing age, caused by the congenital defects or inefficiency of valves to function. Valve dysfunction results in restricting physical activities that leads to decline in quality of life and even death. Hence, due to these reasons many years have been spent on developing heart valve devices in order to repair and replace the damaged heart valves. Over the past few years innovation and recent technological advancements have resulted in manufacturing of transcatheter heart valve that are less risky and need minimally invasive surgical procedure. Increase in number of people with valvular heart disease and rise in demand for minimally invasive surgical procedure will augment the growth of transcatheter heart valve replacement industry in the near future.
The classification of Transcatheter Heart Valve Replacement and Repair includes TAVR, TPVR and TMVR. The proportion of TAVR in 2019 is about 80%.
North America and Europe are the largest consumption place, with a revenue market share nearly 95% in 2019. APAC has the highest growth in the market. The market is expected to grow at a faster pace due to significant developments and sales in countries such as India, Malaysia, South Korea and China.
Market competition is not intense. Edwards Lifesciences, Medtronic, Abbott, Boston Scientific, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Market Analysis and Insights: Global Transcatheter Heart Valve Replacement and Repair Market
The global Transcatheter Heart Valve Replacement and Repair market size is projected to reach US$ 13940 million by 2027, from US$ 5167 million in 2020, at a CAGR of 15.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Transcatheter Heart Valve Replacement and Repair market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Transcatheter Heart Valve Replacement and Repair market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Transcatheter Heart Valve Replacement and Repair market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Transcatheter Heart Valve Replacement and Repair market.
Global Transcatheter Heart Valve Replacement and Repair Scope and Market Size
Transcatheter Heart Valve Replacement and Repair market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Transcatheter Heart Valve Replacement and Repair market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
TAVR
TPVR
TMVR
Segment by Application
Hospitals
Ambulatory Surgical Centers
Cardiac Catheterization Laboratory
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Edwards Lifesciences
Medtronic
Abbott
Boston Scientific
Venus Medtech
Meril Life Sciences
Braile Biomedica
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Request Sample
Request Discount
