Press release
Transcatheter Valve Repair System Market to Reach USD 9.1 Billion by 2031 | Rising Demand for Minimally Invasive Cardiac Treatments Driving Growth
Transcatheter Valve Repair System Market
Explore core findings and critical insights from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85415
Market Overview
Transcatheter valve repair systems are used to treat heart valve diseases such as aortic stenosis, mitral regurgitation, and tricuspid regurgitation without requiring open-heart surgery. These minimally invasive procedures provide shorter hospital stays, faster recovery times, and reduced surgical risks, making them a preferred alternative to traditional valve repair surgeries.
Analysts' Viewpoint
The transcatheter valve repair system market is expected to witness strong growth due to:
Rise in aging population leading to increased prevalence of heart valve disorders
Growing demand for catheter-based minimally invasive valve repair procedures
Advancements in transcatheter technology improving procedural success rates
Favorable reimbursement policies boosting patient accessibility to TAVR and TMVR procedures
However, high procedural costs, shortage of skilled cardiologists, and strict regulatory approvals could restrain market growth in some regions.
Market Drivers
Increasing Prevalence of Heart Valve Diseases
Heart valve diseases (HVDs) affect over 5 million people in the U.S. alone, with aortic stenosis being the most common condition.
Aging populations and rising incidences of lifestyle-related cardiovascular conditions are fueling demand for advanced heart valve repair technologies.
According to the WHO, cardiovascular diseases remain the leading cause of death worldwide, highlighting the urgent need for improved valve repair solutions.
Shift Toward Minimally Invasive Valve Repair Procedures
TAVR and TMVR procedures have gained widespread acceptance due to shorter recovery times, lower mortality rates, and fewer complications compared to open-heart surgery.
According to the Society of Thoracic Surgeons, TAVR procedures have increased from 15,000 in 2012 to over 200,000 in 2020.
Growing adoption of minimally invasive heart treatments in developing economies is further fueling market expansion.
Continuous Advancements in Transcatheter Valve Technologies
Introduction of self-expanding and balloon-expandable transcatheter valves with improved hemodynamic performance is driving procedural success rates.
Next-generation valve designs offer reduced paravalvular leaks and better durability, making them ideal for long-term implantation.
Medtronic's latest Evolut FX TAVR system, launched in 2022, improves valve positioning accuracy and patient outcomes.
Favorable Reimbursement Policies for TAVR & TMVR Procedures
Increased insurance coverage for transcatheter valve repair procedures across North America and Europe is boosting patient access.
The U.S. Medicare program has expanded TAVR coverage for intermediate-risk patients, further driving demand.
Explore our in-depth report to gain valuable insights and takeaways -
https://www.transparencymarketresearch.com/transcatheter-valve-repair-system-market.html
Market Segmentation
By Product Type
Transcatheter Aortic Valve Replacement (TAVR) (Largest Segment), Transcatheter Mitral Valve Replacement (TMVR), Transcatheter Pulmonary Valve Replacement (TPVR), Transcatheter Tricuspid Valve Replacement (TTVR)
By Application
Aortic Stenosis, Mitral Stenosis, Tricuspid Stenosis, Pulmonary Stenosis
By End-user
Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Others
Regional Outlook
North America (Dominant Market, Holding 40% Market Share in 2022)
The U.S. leads in transcatheter valve repair adoption, driven by strong healthcare infrastructure, high cardiovascular disease prevalence, and presence of key market players.
Favorable FDA approvals and Medicare reimbursement policies are boosting procedural adoption.
Abbott, Medtronic, and Edwards Lifesciences dominate the North American market.
Europe (Strong Market Growth Due to Expanding Cardiac Care Infrastructure)
Germany, France, and the U.K. lead in TAVR and TMVR adoption, supported by favorable government policies.
The European Society of Cardiology (ESC) has recommended TAVR as the preferred treatment for elderly aortic stenosis patients.
Asia Pacific (Fastest-growing Market, Expected to Expand at 9% CAGR Through 2031)
Rapid growth in cardiovascular disease cases in China, India, and Japan is increasing demand for transcatheter procedures.
Governments in India and China are investing in cardiovascular treatment infrastructure to improve access to advanced heart valve repair solutions.
Latin America & Middle East & Africa (Emerging Markets with Growth Potential)
Increasing awareness of minimally invasive cardiac procedures is driving adoption in Brazil, Mexico, and GCC countries.
Market growth is limited by high procedural costs and lack of skilled interventional cardiologists.
Competitive Landscape
The transcatheter valve repair system market is highly competitive, with key players focusing on technological advancements, product approvals, and strategic partnerships to expand their market presence.
Leading Companies:
Abbott Laboratories
Medtronic plc
Edwards Lifesciences Corporation
LivaNova Plc
Neovasc Inc.
Biotronik Pvt. Ltd.
Colibri Heart Valve
HLT Medical
Coramaze Technologies
Recent Developments:
December 2022: Abbott launched Navitor, its latest-generation TAVI system for severe aortic stenosis treatment in India.
September 2022: Medtronic announced the expanded release of Evolut FX TAVR in the U.S., improving valve placement accuracy and procedural outcomes.
2021: Edwards Lifesciences received FDA approval for the PASCAL Precision Transcatheter Valve Repair System, enhancing mitral and tricuspid valve repair procedures.
Future Outlook
The transcatheter valve repair system market is poised for sustained growth, driven by:
Rising global prevalence of heart valve diseases.
Technological advancements in TAVR, TMVR, and next-generation valve repair devices.
Increasing acceptance of minimally invasive heart valve repair techniques.
Expanding healthcare access in emerging markets.
While cost constraints and limited skilled professionals in some regions pose challenges, continuous innovations and favorable healthcare policies will ensure steady market expansion. 🚀
Buy this Premium Research Report and gain expert perspectives and analysis -
https://www.transparencymarketresearch.com/checkout.php?rep_id=85415<ype=S
FAQs
Q1: What is the growth rate of the transcatheter valve repair system market?
A: The market is expected to grow at a CAGR of 7.7% from 2023 to 2031.
Q2: Which region dominates the market?
A: North America leads the market with a 40% share, followed by Europe and Asia Pacific.
Q3: What are the key factors driving market growth?
A: Increasing heart valve disease cases, rising adoption of minimally invasive valve repair procedures, and advancements in transcatheter valve technologies.
Q4: Which companies are leading the market?
A: Abbott, Medtronic, Edwards Lifesciences, LivaNova, and Neovasc are the major players.
Increasing demand for minimally invasive heart valve treatments, technological innovations, and expanding healthcare access are key factors driving market growth
Explore Latest Research Reports by Transparency Market Research:
Cellulite Treatment Market - https://www.transparencymarketresearch.com/cellulite-treatment-market.html
Implantable Cardiac Monitor Market - https://www.transparencymarketresearch.com/implantable-cardiac-monitors-market.html
Surgery Tables Market - https://www.transparencymarketresearch.com/surgery-tables-market.html
Microdermabrasion Devices Market - https://www.transparencymarketresearch.com/microdermabrasion-devices-market.html
Anal Irrigation Systems Market - https://www.transparencymarketresearch.com/anal-irrigation-systems-market.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Email: sales@transparencymarketresearch.com
Follow Us: LinkedIn| Twitter| Blog | YouTube
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Transcatheter Valve Repair System Market to Reach USD 9.1 Billion by 2031 | Rising Demand for Minimally Invasive Cardiac Treatments Driving Growth here
News-ID: 3939895 • Views: …
More Releases from Transparency Market Research
Transformer Dismantling & Recycling Services Market Outlook 2034: How Sustainabl …
As global energy systems evolve and electricity demand rises, the safe, efficient, and environmentally responsible disposal of aging electrical infrastructure has become an urgent priority. Transformers-critical components of transmission and distribution networks-must be replaced or refurbished regularly due to wear, efficiency loss, safety concerns, or regulatory mandates. Transformer dismantling and recycling services play a vital role in ensuring that these large, complex electrical units are decommissioned safely while valuable materials…
Online Dating Services Market Outlook 2034: How Digital Matchmaking Platforms Ar …
The online dating services market has undergone a remarkable transformation over the past decade, evolving from simple matchmaking websites to highly intelligent, data-driven platforms that use artificial intelligence, behavioral insights, and preference-based algorithms to match users more effectively. The rise of mobile apps, digital socialization, and increased acceptance of online dating across age groups has made digital matchmaking a mainstream phenomenon. In 2023, the global online dating services market was…
Ambulatory Infusion Centers Market Outlook 2035: Transforming Outpatient Care Th …
Ambulatory infusion centers (AICs) have become one of the most rapidly expanding components of modern healthcare, driven by a growing emphasis on outpatient care solutions, the rising prevalence of chronic diseases, and increasing adoption of advanced biologics. These specialized centers provide infusion therapies outside of hospital settings, offering patients convenience, affordability, and improved treatment experiences. As healthcare systems worldwide shift toward models that prioritize cost savings, patient comfort, and efficient…
Amyloidosis Therapeutics Market Outlook 2035: Advancements in Rare Disease Treat …
The global healthcare landscape is witnessing a growing focus on rare diseases, propelled by increasing awareness, expanded diagnostic capabilities, and advancements in personalized medicine. Amyloidosis, a group of rare but severe conditions caused by the buildup of abnormal amyloid proteins in tissues and organs, has moved into the spotlight as medical science uncovers more effective treatments and diagnostic tools. The amyloidosis therapeutics market, valued at US$ 2.7 billion in 2024,…
More Releases for Valve
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
The availability of abundant natural resources, such as petroleum and shale gas, in Australia is expected to provide profitable opportunities for the Australia pressure safety valve market. Moreover, the government‐™s initiative to encourage offshore exploration of minerals deposits could further boost the business opportunities for market players in Australia. The presence of a wide oil & gas distribution network continues to provide a steady stream of revenue to market players;…
Control Valve Market by Region - North America, Latin America, Europe, Japan, AP …
Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure.
According to Fact.MR’s…
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
Australian pressure safety valve market size is expected to reach $65.38 million by 2025 from $52.12 million in 2017, growing at a CAGR of 2.88% during the forecast period (2018–2025). Pressure safety valves (pressure relief valves) are specially designed valves that regulate the surge in pressure within the pressure systems, which otherwise could hinder industrial processes. The valves have outlets that guide the additional flow of fluids or gases, which…
Control Valve Market Analysis Report by Region - North America, Latin America, E …
Fact.MRs’ latest forecast study assesses that the global control valve market will expand steadily during the forecast period, 2017-2026. Increasing industrialization and growing use of pneumatics in mechanical processes will drive the adoption of control valves to a considerable extent. The global control valve market will register expansion at a 5.4% CAGR in terms of volume over, the forecast period. By the end of 2026, control valves worth over US$ 15.5 Bn…
Bleed Valve Market 2017-Eaton, Weir Group, KSB, Mahle, Mogas, Alfa Laval, Nihon …
Apex Research, recently published a detailed market research study focused on the "Bleed Valve Market" across the global, regional and country level. The report provides 360° analysis of "Bleed Valve Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Bleed Valve industry, and estimates the future trend of Bleed Valve market…
Global Plug Valves Market: Yuandong Valve, Yuanda Valve, Weir, Walworth, Zhengqu …
Global Market Study Evaluate on Plug Valves Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022
The scope of the global Plug Valves market report is:
This report offers a comprehensive evaluation of the Plug Valves market. It does so by in-depth qualitative insights, historical Plug Valves market data, and verifiable projections about global Plug Valves market size. The projections featured in the Plug Valves market report have been…
