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Global Transcatheter Heart Valve Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

Global Transcatheter Heart Valve Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Transcatheter Heart Valve Market by product type (Transcatheter Aortic Valve Replacement, Trans Catheter Mitral Valve Repair), By surgical procedure type (Transfemoral Approach, Transapical Approach, Transaortic Approach), By end-user (Hospitals, Ambulatory Surgical Centres, Cardiac Catheterization Laboratory) and Geography

 

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Report

Description

Transcatheter Heart Valve Market size was valued at USD 6.33 billion in 2021, growing at a CAGR of 15%  from 2023-28. Transcatheter heart valves (THV) are used to replace the heart valves with a prosthetic valve for treatment of severe aortic stenosis and mitral regurgitation. These heart valve diseases can be congenital or acquired later in life due to age related life style changes and may be other underlying diseases. If these are not treated can cause heart failure, stroke, blood clots, or death due to sudden cardiac arrest. Aortic stenosis is a condition when the aortic valve does not fully open, causing blood flow to be restricted. These high-risk patients are those who are ineligible for surgical aortic valve replacement (SAVR) and cannot be operated on.   Transcatheter aortic valve replacement (TAVR) includes implanting new aortic valves to restore the aortic valve’s capacity to circulate blood. Aortic stenosis is becoming more common, which has led to an increase in the requirement for transcatheter aortic valve implantation.

Transcatheter Heart Valve Market

MARKET SUMMARY
-
15%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 15%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Transcatheter Heart Valve Market Analysis

  • Transcatheter Heart Valve Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report gives historical, current, and future market sizes (US$ Mn) on the basis of product type, surgical procedure type, end-user and region.
Market Leaders
  • Edwards Lifesciences Corporation (U.S.)
  • Boston Scientific Corporation (U.S.)
  • Abbott Laboratories (U.S.)
  • Medtronic (U.S)
Transcatheter Heart Valve Market

Drivers and Restraints

Transcatheter heart valve market is anticipated to grow at significant CAGR over the forecast period. Market players are focusing on investments in R&D to develop and launch various new and technologically advanced devices for making heart valve procedures safer and more effective and strengthening their positions in market. For instance, transcatheter aortic valve replacement or trans catheter aortic valve implantation has become novel procedures for patients who are considered high risk for standard valve replacement therapy. Apart from this, companies also focusing on mergers and acquisitions to enhance their market share. For instance in 2016, Edwards Lifesciences Corporation agreed to acquire Valtech Cardio Ltd., for trans catheter repair of mitral and tricuspid valves.

Transcatheter Heart Valve Market Regional Analysis

North America dominates the market

Geographically transcatheter heart valve market segmented into following regions Viz. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America market is dominating among all regions. Over five million people in U.S. are diagnosed with heart valve disease each year. Europe market for transcatheter heart valves expected to grow at significant rate due to technological advancements, increase in awareness and acceptance of novel replacement devices for cardiac disorders. Emerging economies of Asia-Pacific region such as China and India expected to show significant growth in the market due to medical tourism, increase in patients with heart diseases and significant changing in lifestyle.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Transcatheter Heart Valve Market Segmentation

segmentation-block-image

Product Type

    • Trans Catheter Aortic Valve Replacement
    • Trans Catheter Mitral Valve Repair
segmentation-block-image

Surgical Type

    • Transfemoral Approach
    • Transapical Approach
    • Transaortic Approach
segmentation-block-image

End-user

    • Hospitals
    • Ambulatory Surgical Centres
    • Cardiac Catheterization Laboratory
segmentation-block-image

Geography

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East and Africa
Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Report

Table Of Content

  1. Executive summary
  2. Global Transcatheter Heart Valve (THV) Market Introduction
    • Global Transcatheter Heart Valve (THV) Market – Taxonomy
    • Global Transcatheter Heart Valve (THV) Market –Definitions
      • Product Type
      • End User
  1. Global Transcatheter Heart Valve (THV) Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Transcatheter Heart Valve (THV) Market Dynamics – Factors Impact Analysis
    • Global Transcatheter Heart Valve (THV) Market – Regulations
      • US
      • Europe
      • Japan
    • Global Transcatheter Heart Valve (THV) Market – Recent Product Launches
  2. Global Transcatheter Heart Valve (THV) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Oppurtunity Analysis
  3. Global Transcatheter Heart Valve (THV) Market, By Product Type, 2013 – 2017 and Forecast, 2018 – 2024
    • Trans Catheter Aortic Valve Replacement
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Trans Catheter Mitral Valve Repair
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Transcatheter Heart Valve (THV) Market, By Procedure Type, 2013 – 2017 and Forecast, 2018 – 2024
    • Trans femoral Approach
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Trans apical Approach
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Trans aortic Approach
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Transcatheter Heart Valve (THV) Market Forecast, By End User, 2013 – 2017 and Forecast, 2018 – 2024
    • Hospitals
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Ambulatory Surgical Centers
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cardiac Catheterization Laboratory
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Transcatheter Heart Valve (THV) Market Forecast, By Region, 2013 – 2017 and Forecast, 2018 – 2024
    • North America
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Transcatheter Heart Valve (THV) Market – Opportunity Analysis Index – By Product Type, By Procedure Type, By End User, and Region, 2018 – 2024
  2. North America Transcatheter Heart Valve (THV) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Trans Catheter Aortic Valve Replacement
      • Trans Catheter Mitral Valve Repair
    • Procedure Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Trans femoral Approach
      • Trans apical Approach
      • Trans aortic Approach
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Ambulatory Surgical Centers
      • Cardiac Catheterization Laboratory
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Transcatheter Heart Valve (THV) Market – Opportunity Analysis Index – By Product Type, By Procedure Type, By End User, and Country, 2018 – 2024
    • North America Transcatheter Heart Valve (THV) Market Dynamics – Trends
  3. Europe Transcatheter Heart Valve (THV) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Trans Catheter Aortic Valve Replacement
      • Trans Catheter Mitral Valve Repair
    • Procedure Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Trans femoral Approach
      • Trans apical Approach
      • Trans aortic Approach
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Ambulatory Surgical Centers
      • Cardiac Catheterization Laboratory
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Transcatheter Heart Valve (THV) Market – Opportunity Analysis Index – By Product Type, By ProcedureType, By End User, and Country, 2018 – 2024
    • Europe Transcatheter Heart Valve (THV) Market Dynamics – Trends
  4. Asia-Pacific Transcatheter Heart Valve (THV) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Trans Catheter Aortic Valve Replacement
      • Trans Catheter Mitral Valve Repair
    • Procedure Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Trans femoral Approach
      • Trans apical Approach
      • Trans aortic Approach
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Ambulatory Surgical Centers
      • Cardiac Catheterization Laboratory
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn),
  5. Y-o-Y Growth (%), and Market Share (%)
    • Japan
    • China
    • India
    • ASEAN
    • Australia & New Zealand
    • Rest of Asia-Pacific
  • Asia-Pacific Transcatheter Heart Valve (THV) Market – Opportunity Analysis Index – By Product Type, By ProcedureType, By End User, and Country, 2018 – 2024
  • Asia-Pacific Transcatheter Heart Valve (THV) Market Dynamics – Trends
  1. Latin America Transcatheter Heart Valve (THV) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Trans Catheter Aortic Valve Replacement
      • Trans Catheter Mitral Valve Repair
    • Procedure Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Trans femoral Approach
      • Trans apical Approach
      • Trans aortic Approach
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Ambulatory Surgical Centers
      • Cardiac Catheterization Laboratory
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Transcatheter Heart Valve (THV) Market – Opportunity Analysis Index – By Product Type, By ProcedureType, By End User, and Country, 2018 – 2024
    • Latin America Transcatheter Heart Valve (THV) Market Dynamics – Trends
  2. Middle East & Africa Transcatheter Heart Valve (THV) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Product Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Trans Catheter Aortic Valve Replacement
      • Trans Catheter Mitral Valve Repair
    • Procedure Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Trans femoral Approach
      • Trans apical Approach
      • Trans aortic Approach
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Ambulatory Surgical Centers
      • Cardiac Catheterization Laboratory
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Transcatheter Heart Valve (THV) Market – Opportunity Analysis Index – By Product Type, By ProcedureType, By End User, and Country, 2018 – 2024
    • MEA Transcatheter Heart Valve (THV) Market Dynamics – Trends
  3. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Edwards Lifesciences Corporation (U.S.)
      • Boston Scientific Corporation (U.S.)
      • Abbott Laboratories (U.S.)
      • Medtronic (U.S)
  1. Research Methodology
  2. Key Assumptions and Acronyms
Report

Company Profile

  • Edwards Lifesciences Corporation (U.S.)
  • Boston Scientific Corporation (U.S.)
  • Abbott Laboratories (U.S.)
  • Medtronic (U.S)

Description

Transcatheter Heart Valve Market size was valued at USD 6.33 billion in 2021, growing at a CAGR of 15%  from 2023-28. Transcatheter heart valves (THV) are used to replace the heart valves with a prosthetic valve for treatment of severe aortic stenosis and mitral regurgitation. These heart valve diseases can be congenital or acquired later in life due to age related life style changes and may be other underlying diseases. If these are not treated can cause heart failure, stroke, blood clots, or death due to sudden cardiac arrest. Aortic stenosis is a condition when the aortic valve does not fully open, causing blood flow to be restricted. These high-risk patients are those who are ineligible for surgical aortic valve replacement (SAVR) and cannot be operated on.   Transcatheter aortic valve replacement (TAVR) includes implanting new aortic valves to restore the aortic valve’s capacity to circulate blood. Aortic stenosis is becoming more common, which has led to an increase in the requirement for transcatheter aortic valve implantation.

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