Transcatheter Heart Valve Replacement (THVR) Market Growth Analysis By Revenue, Share, Scenario on Latest Trends & Forecast 2022-2031 | LivaNova Plc., Abbott Laboratories, Biotronik Pvt. Ltd., Edward Lifesciences

Global Transcatheter Heart Valve Replacement (THVR) Market report from Global Insight Services is the single authoritative source of intelligence on Transcatheter Heart Valve Replacement (THVR) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Transcatheter heart valve replacement (THVR) is a minimally-invasive procedure used to replace a diseased or damaged heart valve. The procedure is typically performed in patients who are too ill to undergo conventional open-heart surgery.

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Key Trends

There are several key trends in transcatheter heart valve replacement (THVR) technology. One major trend is the development of new and improved valve designs. This includes the development of valves that can be placed via a less invasive approach, such as transcatheter aortic valve replacement (TAVR). TAVR is a minimally invasive surgical procedure used to replace a faulty aortic valve. The procedure is less invasive than traditional open-heart surgery, and it has been shown to be effective in treating aortic valve stenosis.

Another key trend is the development of new implantation techniques. This includes the development of new delivery systems that allow for the placement of valves in a more precise manner. Additionally, new implantation techniques are being developed that allow for the placement of valves in patients who are not suitable for traditional open-heart surgery.

Finally, there is a trend towards the development of new and improved valve materials. This includes the development of valves made from biocompatible materials that are designed to last for a long time. Additionally, there is a trend toward the development of valves that are designed to resist thrombosis (blood clots).

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Key Drivers

The key drivers of the Transcatheter Heart Valve Replacement (THVR) market are the increasing prevalence of valvular diseases, the growing aging population, and the rising number of minimally invasive surgeries. The THVR market is also driven by the technological advancements in THVR devices and the increasing number of clinical trials for THVR.

The prevalence of valvular diseases is increasing due to the growing aging population. This increase in the aging population is expected to drive the demand for THVR procedures.

The number of minimally invasive surgeries is also increasing due to the benefits associated with these procedures, such as shorter hospital stays, less pain, and quicker recoveries. This growth is expected to drive the demand for THVR procedures.

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Market Segmentation

The global THVR market trends is segmented into product, indication, and region. According to product, the market is divided into mechanical valves and bioprosthetic tissue (biological) valves. On the basis of indication, it is categorized into mitral valve stenosis, mitral valve prolapses, and mitral valve regurgitation. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and rest of the world.

Key Players

The key players operating in THVR market are LivaNova Plc., Abbott Laboratories, Biotronik Pvt. Ltd., Edward Lifesciences, Medtronic Plc., Neovasc Inc., NeoChord, St. Jude Medical, Direct Flow Medical Inc., and Colibri Heart Valve, LLC.

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