United States Tricupsid Valve Repair Market is expected to reach US$ 350 million by 2032 | Top Companies - Corcym, Labcor, Abbott.

Market Size and Growth:

The Global Tricupsid Valve Repair Market reached US$ 712 million in 2024 and is expected to reach US$ 1,200.42 million by 2033, growing at a CAGR of 6.3% during the forecast period 2025-2033. The Market is growing due to the rising prevalence of structural heart diseases and increasing adoption of minimally invasive cardiac procedures that improve patient outcomes and reduce recovery time.

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The Tricuspid Valve Repair Market refers to the global industry focused on surgical and minimally invasive procedures designed to correct malfunction of the tricuspid valve, restoring efficient blood flow between the right atrium and right ventricle. It includes repair devices, annuloplasty rings, transcatheter solutions, and related technologies, driven by rising heart disease prevalence and advancements in cardiac intervention techniques.

Industry Recent Developments: United States

✅ September 2025: CMS issued a National Coverage Determination (NCD) covering FDA-approved Transcatheter Edge-to-Edge Repair (T-TEER) for tricuspid valve regurgitation, facilitating broader insurance-backed access to this therapy.

✅ October 2025: New real-world data from pivotal trials on devices like Evoque reinforce clinical confidence in tricuspid valve interventions, supporting market expansion.

✅ November 2025: The U.S. market continues to see rapid growth with competition heating up between Abbott Laboratories' Triclip device and Edwards Lifesciences' Evoque, plus new entrants like Jenscare's LuX-Valve aiming to capture market share.

Industry Recent Developments: Japan

✅ September 2025: Japan's tricuspid valve repair market remains strong due to advancements in robotics, digital imaging, and precision medicine enhancing device performance and safety.​

✅ October 2025: Continued increase in healthcare investments and geriatric population supports the adoption of minimally invasive tricuspid repairs and clinical trials in Japan.​

✅ November 2025: The medical ecosystem in Japan fosters innovation with a focus on AI integration for diagnostics and patient selection in tricuspid valve repair, driving market uptake particularly among high-risk groups.

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Key Regulatory & Market Events in (2025):

✅ CMS issued a National Coverage Determination (NCD) for T-TEER on July 2, 2025 - CMS will cover FDA-approved transcatheter edge-to-edge repair for tricuspid regurgitation under Coverage with Evidence Development when the therapy is furnished per the NCD criteria. This is a major reimbursement milestone that materially improves access for Medicare beneficiaries.

✅ Health Canada approved Edwards' EVOQUE TTVR system (June 23, 2025) - EVOQUE, a transcatheter tricuspid valve replacement system, received Canadian regulatory approval in June 2025, expanding commercial access outside the U.S. after prior CE/FDA activity.

✅ EVOQUE first U.S. implants and emerging real-world data in 2025 - U.S. centers reported first EVOQUE implants and real-world registry/early-use data in 2025; that data prompted both supportive real-world publications and close attention to early adverse-event signals. (Examples: first implant reported April 30, 2025; real-world safety/MAUDE discussions published June 2025.)

✅ No new standalone FDA PMAs for additional tricuspid TEER/TTVR devices were announced in 2025 - the big device approvals that shaped 2025 activity actually occurred earlier (Edwards EVOQUE and Abbott TriClip received FDA approvals in 2024), and 2025 was dominated by rollout, post-approval studies and coverage decisions rather than new FDA device approvals. (Context: EVOQUE / TriClip PMAs were cleared in 2024.)

Mergers & Acquisitions in 2025:

✅ Edwards Lifesciences - regulatory / deal activity and divestitures impacting strategy: Edwards continued to reshape its portfolio (e.g., prior divestiture of Critical Care to BD and other 2024-25 transactions) and faced regulatory scrutiny of some of its acquisitions in 2025 (the U.S. FTC sued to block at least one acquisition tied to structural-heart device consolidation in August 2025). That enforcement action signaled antitrust attention on consolidation in valve/device markets.

✅ Large strategic moves by major players (2025 examples) - Abbott and Edwards remained acquisitive and active across medtech and diagnostics in 2025. (Notably, Abbott announced a major acquisition in late 2025 that will shift corporate resources broadly; big strategic M&A by these firms affects competitive dynamics for structural-heart product investment and go-to-market resources.)

✅ Start-up funding and private deals in 2025 - Several TTVR/TTVI start-ups raised rounds or advanced clinical programs in 2025 (examples include 4C Medical / partner funding activity and smaller rounds for emerging TTVR entrants), keeping a pipeline of alternative technologies moving toward clinical studies / regulatory filings. These financings sustain competition and potential future targets for M&A.

Major Key Players:

Corcym
Labcor
Abbott
CroiValve
Edwards Lifesciences
Innoventric
Medtronic
Mitralix
OrbusNeich
TriCares
Venus Medtech.

Segments 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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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Tricupsid Valve Repair market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Tricupsid Valve Repair Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Tricupsid Valve Repair market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Tricupsid Valve Repair Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Tricupsid Valve Repair market?

➠ Who are the global key manufacturers of the Tricupsid Valve Repair Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Tricupsid Valve Repair market opportunities and threats faced by the vendors in the global Tricupsid Valve Repair Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Tricupsid Valve Repair market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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