The global transcatheter heart valve replacement market is expected to grow from USD 4.54 billion in 2019 to USD 11.63 billion by 2027, at a CAGR of 12.5% during the forecast period 2020-2027.
Transcatheter heart valve replacement, also known as TAVR (Transcatheter aortic valve replacement) is a minimally invasive cardiac operation to replace a narrowed aortic valve that does not function correctly. This procedure can be seen performed in patients who are at risk of complications arising from open-heart surgeries.
This study delivers a comprehensive analysis of product, surgical approach, application, end-use, and regions. The research includes growth drivers as well as challenges prevalent in the global transcatheter heart valve replacement market along with the impact they will have on the overall demand during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the transcatheter heart valve replacement market. The product segment includes transcatheter pulmonary valve replacement, transcatheter aortic valve replacement, and transcatheter mitral valve replacement. The transcatheter mitral valve replacement segment is forecasted to grow at a high rate due to factors such as failed surgical bioprosthesis and the rising incidence of severe mitral annular calcification. Based on surgical approach, the global market has been divided into transaortic approach, transapical approach, and transfemoral approach. The transaortic approach segment is anticipated to grow at a healthy rate over the projected period due to many people being unable to go through surgery for severe, symptomatic aortic stenosis. On the basis of application, the market has been segmented into aortic valvular heart disease, mitral valvular heart disease, and pulmonary valvular heart disease. The mitral valvular heart disease segment is expected to grow at an extreme CAGR over the forecast period due to the growing prevalence of cardiovascular diseases in developing nations. The end-use segment comprises of hospitals, cardiac centres, and ambulatory surgical centres. The cardiac centres segment is anticipated to grow at a high rate as well as hold a good amount of market share.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With the rapid development of medical technology and improving economic conditions, the Asia-Pacific region stands as a promising market for transcatheter heart valve replacement. India is expected to grow at a high rate due to factors such as growing awareness, increase in healthcare spending, rising elderly population, and an increasing number of heart disease cases. The Europe region stands as an attractive market for transcatheter heart valve replacement and is expected to grow at a significant CAGR during the forecast period thanks to technological advancements in the region. In North America, the U.S.A. leads the market. Cardiovascular diseases are one of the most common illnesses among the American population.
Some of the notable players in the transcatheter heart valve replacement market are C Medical Technologies, Neovasc, JC Medical, HighLife Medical, LivaNova, Micro Interventional Devices, Asahi Kasei Group, Edwards Lifesciences Corporation, Meril Life Sciences Pvt. Ltd, Abbott Laboratories, Medtronic plc, and Boston Scientific Corporation, among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global transcatheter heart valve replacement industry.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Transcatheter Heart Valve Replacement Market Analysis And Forecast, By Product
Global Transcatheter Heart Valve Replacement Market Analysis And Forecast, By Surgical Approach
Global Transcatheter Heart Valve Replacement Market Analysis And Forecast, By Application
Global Transcatheter Heart Valve Replacement Market Analysis And Forecast, By End-Use
Global Transcatheter Heart Valve Replacement Market Analysis And Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By Surgical Approach
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By End-Use
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Transcatheter Heart Valve Replacement Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. Transcatheter Pulmonary Valve Replacement
6.3. Transcatheter Aortic Valve Replacement
6.4. Transcatheter Mitral Valve Replacement
7. Global Transcatheter Heart Valve Replacement Market Analysis and Forecast, By Surgical Approach
7.1. Segment Overview
7.2. Transaortic Approach
7.3. Transapical Approach
7.4. Transfemoral Approach
8. Global Transcatheter Heart Valve Replacement Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Aortic Valvular Heart Disease
8.3. Mitral Valvular Heart Disease
8.4. Pulmonary Valvular Heart Disease
9. Global Transcatheter Heart Valve Replacement Market Analysis and Forecast, By End-Use
9.1. Segment Overview
9.2. Hospitals
9.3. Cardiac Centres
9.4. Ambulatory Surgical Centres
10. Global Transcatheter Heart Valve Replacement Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Transcatheter Heart Valve Replacement Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Transcatheter Heart Valve Replacement Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. C Medical Technologies
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Neovasc,
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. JC Medical
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. HighLife Medical
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. LivaNova
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Micro Interventional Devices
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Asahi Kasei Group
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Edwards Lifesciences Corporation
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Meril Life Sciences Pvt. Ltd
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Abbott Laboratories
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. Medtronic plc
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. Boston Scientific Corporation
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
List of Table
1. Global Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
2. Global Transcatheter Pulmonary Valve Replacement Market, By Region, 2017–2027(USD Billion)
3. Global Transcatheter Aortic Valve Replacement Market, By Region, 2017–2027(USD Billion)
4. Global Transcatheter Mitral Valve Replacement Market, By Region, 2017–2027(USD Billion)
5. Global Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
6. Global Transaortic Approach Transcatheter Heart Valve Replacement Market, By Region, 2017–2027(USD Billion)
7. Global Transapical Approach Transcatheter Heart Valve Replacement Market, By Region, 2017–2027(USD Billion)
8. Global Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
9. Global Aortic Valvular Heart Disease Transcatheter Heart Valve Replacement Market, By Region, 2017–2027(USD Billion)
10. Global Mitral Valvular Heart Disease Transcatheter Heart Valve Replacement Market, By Region, 2017–2027(USD Billion)
11. Global Pulmonary Valvular Heart Disease Transcatheter Heart Valve Replacement Market, By Region, 2017–2027(USD Billion)
12. Global Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
13. Global Hospitals Market, By Region, 2017–2027(USD Billion)
14. Global Cardiac Centres Transcatheter Heart Valve Replacement Market, By Region, 2017–2027(USD Billion)
15. Global Ambulatory Surgical Centres Transcatheter Heart Valve Replacement Market, By Region, 2017–2027(USD Billion)
16. Global Transcatheter Heart Valve Replacement Market, By Region, 2017–2027(USD Billion)
17. Global Transcatheter Heart Valve Replacement Market, By North America, 2017–2027(USD Billion)
18. North America Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
19. North America Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
20. North America Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
21. North America Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
22. U.S. Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
23. U.S. Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
24. U.S. Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
25. U.S. Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
26. Canada Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
27. Canada Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
28. Canada Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
29. Canada Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
30. Mexico Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
31. Mexico Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
32. Mexico Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
33. Mexico Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
34. Europe Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
35. Europe Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
36. Europe Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
37. Europe Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
38. Germany Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
39. Germany Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
40. Germany Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
41. Germany Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
42. France Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
43. France Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
44. France Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
45. France Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
46. U.K. Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
47. U.K. Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
48. U.K. Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
49. U.K. Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
50. Italy Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
51. Italy Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
52. Italy Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
53. Italy Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
54. Spain Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
55. Spain Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
56. Spain Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
57. Spain Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
58. Asia Pacific Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
59. Asia Pacific Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
60. Asia Pacific Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
61. Asia Pacific Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
62. Japan Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
63. Japan Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
64. Japan Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
65. Japan Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
66. China Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
67. China Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
68. China Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
69. China Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
70. India Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
71. India Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
72. India Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
73. India Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
74. South America Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
75. South America Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
76. South America Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
77. South America Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
78. Brazil Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
79. Brazil Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
80. Brazil Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
81. Brazil Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
82. Middle East and Africa Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
83. Middle East and Africa Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
84. Middle East and Africa Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
85. Middle East and Africa Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
86. UAE Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
87. UAE Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
88. UAE Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
89. UAE Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
90. South Africa Transcatheter Heart Valve Replacement Market, By Product, 2017–2027(USD Billion)
91. South Africa Transcatheter Heart Valve Replacement Market, By Surgical Approach, 2017–2027(USD Billion)
92. South Africa Transcatheter Heart Valve Replacement Market, By Application, 2017–2027(USD Billion)
93. South Africa Transcatheter Heart Valve Replacement Market, By End-Use, 2017–2027(USD Billion)
List of Figures
1. Global Transcatheter Heart Valve Replacement Market Segmentation
2. Transcatheter Heart Valve Replacement Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Transcatheter Heart Valve Replacement Market Attractiveness Analysis By Product
9. Global Transcatheter Heart Valve Replacement Market Attractiveness Analysis By Surgical Approach
10. Global Transcatheter Heart Valve Replacement Market Attractiveness Analysis By Application
11. Global Transcatheter Heart Valve Replacement Market Attractiveness Analysis By End-Use
12. Global Transcatheter Heart Valve Replacement Market Attractiveness Analysis By Region
13. Global Transcatheter Heart Valve Replacement Market: Dynamics
14. Global Transcatheter Heart Valve Replacement Market Share By Product (2019 & 2027)
15. Global Transcatheter Heart Valve Replacement Market Share By Surgical Approach (2019 & 2027)
16. Global Transcatheter Heart Valve Replacement Market Share By Application (2019 & 2027)
17. Global Transcatheter Heart Valve Replacement Market Share By End-Use (2019 & 2027)
18. Global Transcatheter Heart Valve Replacement Market Share by Regions (2019 & 2027)
19. Global Transcatheter Heart Valve Replacement Market Share by Company (2019)
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