Global Transcatheter Pulmonary Valve Market Size, Shares, Growth, Segments, Industry Analysis & Outlook 2017-2023

Our latest research report entitled Transcatheter Pulmonary Valve Market (by application(cardiac anomaly, pulmonary regurgitation), technology(self-expanded transcatheter valve, balloon-expanded transcatheter valve), end-user(pediatric, adult), raw material (tissue engineered transcatheter valve, synthetic transcatheter valve)) provides complete and deep insights into the market dynamics and growth of Transcatheter Pulmonary Valve. Latest information on market risks, industry chain structure Transcatheter Pulmonary Valve cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Transcatheter Pulmonary Valve growth factors.

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The forecast Transcatheter Pulmonary Valve Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Transcatheter Pulmonary Valve on a global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. The global transcatheter pulmonary valve market was worth USD 33.97 million in 2016 and it is projected to reach USD 50.92 million in 2023, expanding at a CAGR of 6.2% between 2017 and 2023.

Transcatheter Pulmonary Valve Market: Industry Insights

Transcatheter pulmonary valve treatment is used for the treatment of dysfunctional right ventricle outflow tract conduits whose pulmonary valve has become stenotic or regurgitant. Transcatheter pulmonary valve replacement treatment is an alternative to surgical pulmonary valve replacement in children and adults who have dysfunctional right ventricular outflow conduits.

Transcatheter Pulmonary Valve Market: Drivers and Restraints

Increasing population with heart valve disorders drives the growth of transcatheter pulmonary valve market. Further, the increasing prevalence of congenital heart disease propels the growth of transcatheter pulmonary valve market. Congenital heart disease that is also known as CHD is one of the most common birth defects. Approximately 40,000 babies are born each year with congenital heart disease. Transcatheter pulmonary valve therapy used to help adults and children who have had previous surgery to help repair or replace a pulmonary valve that was damaged by congenital heart disease. Moreover, the increasing prevalence of various cardiovascular disorders, as well as a growing geriatric population with heart valve diseases that includes pulmonary stenosis, pulmonary regurgitation, and others are the factors contribute to the growth in the global market for the transcatheter pulmonary valve.

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Transcatheter Pulmonary Valve Market: Segmentation

The global transcatheter pulmonary valve market categorized into segments such as application, technology, end-use, and raw material.

Based on application, transcatheter pulmonary valve market segments is divided into pulmonary atresia, cardiac anomaly, pulmonary stenosis, tetralogy of fallot, truncus arteriosus, pulmonary regurgitation, and others. Among these applications, tetralogy of fallot accounts for the largest market share. Tetralogy of fallot includes four defects such as pulmonary valve stenosis, ventricular septal defect (VSD), thickened right ventricular wall and misplaced aorta.

On the basis of technology, the global transcatheter pulmonary valve market is categorized into the self-expanded transcatheter valve and balloon-expanded transcatheter valve. Among these technologies, the balloon-expanded transcatheter valve is leading the share of transcatheter pulmonary valve market. Balloon-expanded transcatheter valve treatment has become an effective treatment for patients who have severe aortic stenosis.

Furthermore, on the basis of end-use, the transcatheter pulmonary valve market is segmented into pediatric and adult. Among these end users, adult segment holds the majority of market share.

On the basis of raw material, the transcatheter pulmonary valve market is segmented into tissue engineered transcatheter valve and synthetic transcatheter valve. Among these raw materials, tissue engineered transcatheter valve held major revenue share of transcatheter pulmonary valve market.

Transcatheter Pulmonary Valve Market: Regional Insights

Geographically, North America holds the largest share of transcatheter pulmonary valve market. Rising healthcare expenditure and development in the healthcare sector drives the growth of transcatheter pulmonary valve market in the region. Congenital heart disease is one of the most common birth defects in the United States. Approximately 40,000 babies are born each year with congenital heart disease in the region. The Asia Pacific is the fastest growing region owing to increasing ongoing clinical trials in the region.

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Transcatheter Pulmonary Valve Market: Competitive Analysis

The prominent players in the global transcatheter pulmonary valve market are Colibri Heart Valve, LLC, Cryolife, Inc., LivaNova PLC. (Sorin Group), Venus Medtech, Xeltis, SYMETIS SA, St. Jude Medical, Medtronic, Edward Lifesciences Corporation, and Direct Flow Medical, Inc.

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