Press release
Tricuspid Valve Repair Market Gains Momentum with 9.90% CAGR Expected Through 2031 | Top Companies 2025 - Corcym, Labcor, Abbott, CroiValve
"Global Tricupsid Valve Repair Market reached US$ 720 million in 2024 and is expected to reach US$ 1089 million by 2031, growing with a CAGR of 9.90% during the forecast period 2024-2031"According to DataM intelligence research report.The Tricupsid Valve Repair Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.
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Tricupsid Valve Repair Market Landscape Analysis :
Tricuspid valve repair is a surgical or minimally invasive procedure aimed at restoring proper function to the tricuspid valve in the heart, helping to prevent backflow and improve cardiac efficiency. The market is expanding due to increasing awareness of right-sided heart disease, advancements in valve-sparing technologies and catheter-based techniques, and a preference for treatments that offer reduced recovery times and lower complication risks.
Tricupsid Valve Repair Market Dynamics:
The increasing number of cardiac surgeries, including CABG, significantly boosts the tricuspid valve repair market. In the US alone, over 200,000 heart bypass surgeries are performed annually. Factors like high success rates in India (98%) and growing preference for valve repair over replacement support market growth. Advancements in surgical technologies further accelerate adoption during the forecast period.
Tricupsid Valve Repair Market: Recent Industry Developments
✅In Jul 2025 CMS announced national reimbursement coverage for TriClip TEER in the U.S., enabling broader patient access
✅In Apr 2025 Sarasota Memorial Hospital became one of the first centers to implement TTVR (EVOQUE) in the U.S
✅In Mar 2025 The 2-year TRILUMINATE results showed a 28% reduction in heart failure hospitalizations vs. medical therapy alone in severe TR patients
Strategic Players Driving the Tricupsid Valve Repair Market Forward:
Corcym, Labcor, Abbott, CroiValve, Edwards Lifesciences, Innoventric, Medtronic, Mitralix, OrbusNeich, TriCares, Venus Medtech among others.
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Research Methodology:
The global Tricupsid Valve Repair Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.
Segment Covered in the Tricupsid Valve Repair Market:
➥By Device Type: Annuloplasty, Valvuloplasty
➥By Indication: Tricupsid Valve Regurgitation, Tricupsid Valve Stenosis, Others
➥By End User: Hospital, Ambulatory Surgical Centers, Others
Regional Analysis for Tricupsid Valve Repair Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Most Frequently Asked Questions in the Tricupsid Valve Repair Market Research Industry:
➠ Who leads the Tricupsid Valve Repair industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Tricupsid Valve Repair market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Tricupsid Valve Repair market growth?
➠ What are the dominant sales and distribution strategies in the Tricupsid Valve Repair industry?
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