According to the current analysis of Emergen Research, the global Transcatheter Mitral Valve Implantation Market was valued at USD 1.82 billion in 2019 and is expected to reach USD 4.67 billion by 2027, at a CAGR of 14.4%. Rise frequency of mitral valve diseases, increasing pioneering pipeline devices together with rising elderly population with heart condition is positively driving the growth prospects of the Transcatheter Mitral Valve Implantation (repair and replacement) market in the forecast period. Mitral Regurgitation (MR) is the greatest widespread valve disorder affecting more than 4 million in total in the United States. Roughly, 250,000 cases of mitral regurgitation are recorded in the United States annually out of which close to 50,000 patients decide to undertake recommended surgery. Transcatheter mitral valve replacement (TMVR) is a substitute therapeutic opportunity which has been enhanced considerably to competently treat severe mitral regurgitation in patients who are exposed to high or prohibitive surgical risks.
The study draws a forecast of the growth of the Transcatheter Mitral Valve Implantation market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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Key companies operating in the Transcatheter Mitral Valve Implantation market include:
Abbott Laboratories, HLT Medical, Neovasc, Edward Lifesciences, Biotronik Private Limited, LivaNova, Colibri Heart Valve, Medtronic, NeoChord, MValve Technologies, Transcatheter Technologies GmbH and Venus Medtech
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Transcatheter Mitral Valve Implantation market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Transcatheter Mitral Valve Implantation Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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Transcatheter Mitral Valve Implantation Market Segmentation:
Product Outlook (Revenue in Million USD; 2017–2027)
Mechanical Valves
Bioprosthetic Tissue (Biological) Valves
Application Outlook (Revenue in Million USD; 2017–2027)
Mitral Valve Stenosis
Mitral Valve Prolapse
Mitral Valve Regurgitation
End Use Outlook (Revenue in Million USD; 2017–2027)
Hospitals
Ambulatory Surgical Centers
Diagnostic Centers
Others
Transcatheter Mitral Valve Implantation Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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