Industry

Transcatheter Heart Valve Replacement Market Expected to Witness Rapid Expansion by the End of 2024

Press Release

Transcatheter heart valve market is anticipated to reach nearly US$ 7 Billion by 2024. This report covers market dynamics and competitive analysis of leading industry players. Transcatheter heart valve is the latest technology that has varieties of advantages over traditional surgical procedure. It is less invasive, simple procedure and has less mortality rate over conventional surgical methods. Transcatheter mitral valve replacement is very recent technology and it is gaining prominence since its getting fast approvals from various governments globally. The replacement of mitral heart valve is quite complex procedure due to its complex structure and position. So Transcatheter Mitral Heart Valve is creating a big market by replacing the traditional technique to change mitral valve.

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Rising ageing population and prevalence of heart valve disease is major growth drivers for Transcatheter Heart Valve market. In addition people mostly prefer less invasive technique, so adoption of Transcatheter Heart Valve rapid pace of growth will further boost the market. High cost of Transcatheter Heart Valve and several risk associated with procedure will hinder the market growth.

Renub Research latest study report “Transcatheter Heart Valve Replacement Market, Patient Numbers, by Position (Transcather Mitral Valve Replacement and Transcatheter Aortic Valve Replacement), Heart Valve Type (Mechanical & Tissue Heart) Countries (United States, Germany, China, France, Italy, Japan, Spain, United Kingdom, India and Brazil) Companies (Edward lifeScience Corporation, Boston Scientific Corporation, St Jude Medical Inc., Medtronics Inc)” provides a detailed and comprehensive insight of the Transcatheter Heart Valve Market.

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This report studies the Global Transcatheter Heart Valve Market and Volume from 2 view points by Transcatheter Aortic Valve Replacement (TAVR) and Transcatheter Mitral Valve Market (TMVR). Both these segments are further studied by Mechanical Heart Valves and Tissues Heart Valves by countries. The report provides a complete analysis of the key Growth Drivers and Challenges, market, and their projections for the upcoming years (2024).

By Position – Market & Patient Numbers 

  • Aortic Valve Replacement
  • Mitral Valve Replacement

By Material – Market & Patient Numbers TAVR & TMVR

  • Mechanical Heart Valves
  • Tissues Heart Valves (Biological)

By Region – Transcatheter Aortic Valve Replacement Market 

  • United States
  • Germany
  • China
  • France
  • Italy
  • Japan
  • Spain
  • United Kingdom
  • India
  • Brazil

Transcatheter Mitral Valve Replacement Market by Region

  • Europe
  • United States

Transcatheter Heart Valve Replacement Volume by Position

  • Aortic Valve Replacement
  • Mitral Valve Replacement

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Scope of the Report

  • Heart Valve Market & Volume: We have segmented the market & volume into two part Transcatheter Aortic Valve Replacement Market (TAVR) and Transcatheter Mitral Valve Replacement Market (TMVR).
  • Transcatheter Aortic Valve Replacement Market & Patient Numbers: The report covers 10 countries: United States, Germany, China, France, Italy, Japan, Spain, United Kingdom, India and Brazil. All the countries market has been studied by two types of Heart valves Mechanical Heart Valves and Tissues Heart Valves.
  • Global Transcatheter Mitral Valve Replacement Market & Patient Numbers: The report covers 2 regions: Europe and United States. All the countries market has been studied by two types of Heart valves Mechanical Heart Valves and Tissues Heart Valves.
  • Global Transcatheter Heart Valve Market Share Analysis by Position: We have mentioned market share by TAVR and TMVR.
  • Key Growth Drivers & Challenges: It studies the multi-dimensional factors which helps global Transcatheter Heart Valve Market to grow. The report also covers key challenges that will hinder the market growth.
  • Companies Analysis: Four companies their overview of the company and their business strategies.

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