Global Transcatheter Heart Valve Market Size, Share, Forecast 2023 - 2033 | Top key players : Medtronic, Abbott, Edwards Lifesciences, Meril Life Sciences, Symetis, Bracco Group, Direct Flow Medical, Braile Biomedica, ValveXchange, Inc, and JenaValve

According to a research report published by Spherical Insights & Consulting, the Global Transcatheter Heart Valve Market Size is Expected to Grow from USD 4.67 Billion in 2023 to USD 20.03 Billion by 2033, at a CAGR of 15.67% during the forecast period 2023-2033.

Request To Download Free Sample copy of the report @ -
https://www.sphericalinsights.com/request-sample/7772

Patients with valvular heart disease (VHD) who are not suitable candidates for surgery now have better results due to transcatheter heart valve treatments. These procedures have been extended to younger or lower-risk patients as well as those with different types of VHD due to technological advancements, and they can eventually allow for the early treatment of VHD in people with moderate illness or fewer symptoms. The transcatheter heart valve market is anticipated to be driven by the rising incidence of aortic stenosis. The launch of third-generation transcatheter heart valves, the rising incidence of valvular heart disorders, and advantageous reimbursement policies are the main factors driving the growth of the transcatheter heart valve market. The treatment of aortic stenosis, which primarily affects the elderly using transcatheter heart valves is anticipated to drive the market due to the key player's increased awareness campaigns. However, the transcatheter heart valve market is restricted by factors such as high prices, little awareness, difficulties with regulations, restrictions on the devices, and patient selection standards.

Buy Now this report:
https://www.sphericalinsights.com/checkout/7772

The self-expanded transcatheter valve segment is predicted to hold the highest market share through the forecast period.

Based on the technology, the transcatheter heart valve market is classified into balloon expanded transcatheter valve, and self-expanded transcatheter valve. Among these, the self-expanded transcatheter valve segment is predicted to hold the highest market share through the forecast period. This is due to its substantial market presence, the self-expanded transcatheter valve category is mostly composed of first- and second-generation transcatheter heart valves.

The transcatheter aortic valve segment is anticipated to hold the highest market share during the projected timeframe.

Based on the application, the transcatheter heart valve market is divided into transcatheter aortic valve, transcatheter pulmonary valve, and transcatheter mitral valve. Among these, the transcatheter aortic valve segment is anticipated to hold the highest market share during the projected timeframe. Increases in severe aortic stenosis, chronic heart disease, and healthcare costs are the main factors driving the market in the transcatheter aortic valve segment.

North America is estimated to hold the largest share of the transcatheter heart valve market over the forecast period.

North America is estimated to hold the largest share of the transcatheter heart valve market over the forecast period. Strong healthcare systems, a high prevalence of heart valve illnesses, and substantial research and development in the medical device market are the factors that define the U.S. transcatheter heart valve market. Transcatheter valve technology has been proactively approved by regulatory agencies including the FDA, which has driven commercial expansion.

Asia Pacific is predicted to grow at the highest CAGR growth in the transcatheter heart valve market over the forecast period. The high prevalence of heart valve problems in Japan, especially among its senior population, is driving the transcatheter heart valve market. The adoption of THV procedures has been facilitated by Japan's robust regulatory framework and sophisticated healthcare infrastructure.

Major key players in the transcatheter heart valve market include Medtronic, Abbott, Edwards Lifesciences, Meril Life Sciences, Symetis, Bracco Group, Direct Flow Medical, Braile Biomedica, ValveXchange, Inc., JenaValve, Boston Scientific Corporation, and Others.

Key Target Audience

Market Players
Investors
End-users
Government Authorities
Consulting And Research Firm
Venture capitalists
Value-Added Resellers (VARs)

Recent Development

In March 2024, for patients with symptomatic severe aortic stenosis, Medtronic announced that the FDA has authorized its Evolut FX+ transcatheter aortic valve replacement (TAVR) system. The diamond-shaped frame of this upgraded system provides improved coronary access while preserving the excellent valve performance for which the Evolut platform is renowned.

Access Full Report:
https://www.sphericalinsights.com/reports/transcatheter-heart-valve-market

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the transcatheter heart valve market based on the below-mentioned segments:

Global Transcatheter Heart Valve Market, By Technology
Balloon Expanded Transcatheter Valve
Self-Expanded Transcatheter Valve

Global Transcatheter Heart Valve Market, By Application
Transcatheter Aortic Valve
Transcatheter Pulmonary Valve
Transcatheter Mitral Valve

Global Transcatheter Heart Valve Market, By Regional Analysis
North America
US
Canada
Mexico

Europe
Germany
UK
France
Italy
Spain
Russia
Rest of Europe

Asia Pacific
China
Japan
India
South Korea
Australia
Rest of Asia Pacific

South America
Brazil
Argentina
Rest of South America

Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of the Middle East & Africa

Industry Related Reports
Germany Biopharmaceutical Market Size
https://www.sphericalinsights.com/reports/germany-biopharmaceutical-market

Germany Body-Worn Camera Market Size
https://www.sphericalinsights.com/reports/germany-body-worn-camera-market

United States Palladium Market Size
https://www.sphericalinsights.com/reports/united-states-palladium-market

Asia Pacific Lyocell Fiber Market Size
https://www.sphericalinsights.com/reports/asia-pacific-lyocell-fiber-market

South Korea Cottonseed Oilseed Processing Market Size
https://www.sphericalinsights.com/reports/south-korea-cottonseed-oilseed-processing-market

About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Follow Us: LinkedIn | Facebook | Twitter

This release was published on openPR.