+1-888-308-5802     
News Contact Us

Transcatheter Heart Valve Replacement Market 2020 By Regional Trend & Growth Forecast To 2025

Author : Ronak Bora | Published Date : 2020-09-17 

Transcatheter Heart Valve Replacement Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The global transcatheter heart valve replacement market is slated to emerge as one of the most lucrative investment avenues in the ensuing years, primarily owing to the rising prevalence of valvular diseases and the growing number of patients opting for surgical and minimally invasive replacements. On these grounds, numerous medical device companies have been placing their bets on advanced transcatheter heart valve devices, that would help augment the expanse of this industry, especially in developed regions like North America and Europe.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/3170

The rising instances of cardiac and pulmonary valve diseases have been observed globally in developing regions. With the emergence of an aging society, heart-related diseases have become a leading health concern. The total number of cardiac diseases is estimated to grow continuously in the coming times since the geriatric population is likely to double over the next few years. According to WHO, an estimated number of 17.9 million people die annually due to cardiovascular diseases which are approximately 31% of all deaths worldwide. The report estimate that transcatheter heart valve replacement market could cross USD 10.5 billion by the end of 2025.

With respect to the type of the product, transcatheter aortic valve has gained considerable demand over the years across different geographies. These systems are needed in severe aortic stenosis fuels. With rising cases of aortic stenosis in developing countries, the product is expected to witness considerable demand in the coming times.

As per citable reports, the cases of aortic stenosis are rising with the aging population of Singapore. In the year 2018, moderate to severe cases of aortic stenosis existed in nearly 3% of the patients aged 75 or more and 8% in those above the age of 85.

The transaortic surgical approach market has gained considerable recognition since it involves minimally invasive procedures as compared to complex open-heart surgeries during the treatment of aortic valve stenosis. In the year 2018, the transaortic surgical approach was valued at approximately USD 312.7 million in total remuneration.

Regionally speaking, U.S. transcatheter heart valve replacement industry has emerged as a strong revenue pocket due to the advanced healthcare sector in the region. Comparatively high disposable income among people has propelled the need to adopt updated, new, and smart medical devices that are efficient, painless, and reliable.

The high geriatric population in the U.S. is a major factor supporting growth in the industry over the years. In the year 2018, the U.S. transcatheter heart valve replacement industry share was valued at nearly USD 1.71 billion.

Transcatheter heart valve replacement companies are constantly working towards developing innovative solutions to meet the changing healthcare demands as well as to achieve a competitive edge. These firms are working towards forming strategic alliances, acquiring assets, and entering into mergers to increase their customer base.

For instance, in August 2020, Italian company- InnovHeart- a developer of innovative Transcatheter Mitral Valve Replacement announced the closing of €20 million round of equity financing. With the raised amount, the company aims at completing the first-in-human clinical evaluation of the firm’s novel Saturn TMVR system.

Some of the leading companies include JC Medical, Edwards Lifesciences, CryoLife Inc., and Abbott among various others. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/transcatheter-heart-valve-replacement-market

Partial Chapter of the Table of Content 

Chapter 5. Transcatheter Heart Valve Replacement Market, By Surgical approach

5.1. Global transcatheter heart valve replacement market share by surgical approach, 2018 & 2025

5.2. Transfemoral approach

5.2.1. Market size, by region, 2014 – 2025 (USD Million)

5.3. Transapical approach

5.3.1. Market size, by region, 2014 – 2025 (USD Million)

5.4. Transaortic approach

5.4.1. Market size, by region, 2014 – 2025 (USD Million)

5.5. Others

5.5.1. Market size, by region, 2014 – 2025 (USD Million)

Chapter 6. Transcatheter Heart Valve Replacement Market, By Application

6.1. Global transcatheter heart valve replacement market share by application, 2018 & 2025

6.2. Aortic valvular disease

6.2.1. Market size, by region, 2014 – 2025 (USD Million)

6.2.2. Aortic valvular stenosis

6.2.2.1. Market size, by region, 2014 – 2025 (USD Million)

6.2.3. Aortic valvular regurgitation

6.2.3.1. Market size, by region, 2014 – 2025 (USD Million)

6.3. Mitral valvular disease

6.3.1. Market size, by region, 2014 – 2025 (USD Million)

6.3.2. Mitral valvular stenosis

6.3.2.1. Market size, by region, 2014 – 2025 (USD Million)

6.3.3. Mitral valvular regurgitation

6.3.3.1. Market size, by region, 2014 – 2025 (USD Million)

6.4. Pulmonary valvular disease

6.4.1. Market size, by region, 2014 – 2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

Related News

APAC Food Additives Market to record substantial gains by 2024

Published Date: 2020-10-02         Author: Ronak Bora

The research report on APAC Food Additives Market provides an in-depth analysis of this industry with pivotal details subject to its overall position in the global landscape and its applications across various end-user sectors. Request a sample of this research report @ https://www.graphicalre... Read More

Asia Pacific Industrial Air Filtration Market to reach $1.65 billion by 2024

Published Date: 2020-10-02         Author: Ronak Bora

The research report on Asia Pacific Industrial Air Filtration Market provides an in-depth analysis of this industry with pivotal details subject to its overall position in the global landscape and its applications across various end-user sectors. Request a sample of this research report @ http... Read More

Asia Pacific Feed Phosphate Market size to reach $2bn by 2024

Published Date: 2020-10-02         Author: Ronak Bora

The research report on Asia Pacific Feed Phosphate Market provides an in-depth analysis of this industry with pivotal details subject to its overall position in the global landscape and its applications across various end-user sectors. Request a sample of this research report @ https://www.gra... Read More

© 2020 Fractovia. All Rights Reserved