Transcatheter heart valve market is anticipated to reach nearly US$ 7 Billion by 2024. This report covers market dynamics and competitive analysis of leading industry players. Transcatheter heart valve is the latest technology that has varieties of advantages over traditional surgical procedure. It is less invasive, simple procedure and has less mortality rate over conventional surgical methods. Transcatheter mitral valve replacement is very recent technology and it is gaining prominence since its getting fast approvals from various governments globally. The replacement of mitral heart valve is quite complex procedure due to its complex structure and position. So Transcatheter Mitral Heart Valve is creating a big market by replacing the traditional technique to change mitral valve.
Rising ageing population and prevalence of heart valve disease is major growth drivers for Transcatheter Heart Valve market. In addition people mostly prefer less invasive technique, so adoption of Transcatheter Heart Valve rapid pace of growth will further boost the market. High cost of Transcatheter Heart Valve and several risk associated with procedure will hinder the market growth.
The report “Transcatheter Heart Valve Replacement Market, Patient Numbers, by Position (Transcather Mitral Valve Replacement and Transcatheter Aortic Valve Replacement), Heart Valve Type (Mechanical & Tissue Heart) Countries (United States, Germany, China, France, Italy, Japan, Spain, United Kingdom, India and Brazil) Companies (Edward lifeScience Corporation, Boston Scientific Corporation, St Jude Medical Inc., Medtronics Inc)” provides a detailed and comprehensive insight of the Transcatheter Heart Valve Market.
This report studies the Global Transcatheter Heart Valve Market and Volume from 2 view points by Transcatheter Aortic Valve Replacement (TAVR) and Transcatheter Mitral Valve Market (TMVR). Both these segments are further studied by Mechanical Heart Valves and Tissues Heart Valves by countries. The report provides a complete analysis of the key Growth Drivers and Challenges, market, and their projections for the upcoming years (2024).
By Position – Market & Patient Numbers
- Aortic Valve Replacement
- Mitral Valve Replacement
By Material – Market & Patient Numbers TAVR & TMVR
- Mechanical Heart Valves
- Tissues Heart Valves (Biological)
By Region - Transcatheter Aortic Valve Replacement Market
- United States
- Germany
- China
- France
- Italy
- Japan
- Spain
- United Kingdom
- India
- Brazil
Transcatheter Mitral Valve Replacement Market by Region
- Europe
- United States
Transcatheter Heart Valve Replacement Volume by Position
- Aortic Valve Replacement
- Mitral Valve Replacement
Scope of the Report
- Heart Valve Market & Volume: We have segmented the market & volume into two part Transcatheter Aortic Valve Replacement Market (TAVR) and Transcatheter Mitral Valve Replacement Market (TMVR).
- Transcatheter Aortic Valve Replacement Market & Patient Numbers: The report covers 10 countries: United States, Germany, China, France, Italy, Japan, Spain, United Kingdom, India and Brazil. All the countries market has been studied by two types of Heart valves Mechanical Heart Valves and Tissues Heart Valves.
- Global Transcatheter Mitral Valve Replacement Market & Patient Numbers: The report covers 2 regions: Europe and United States. All the countries market has been studied by two types of Heart valves Mechanical Heart Valves and Tissues Heart Valves.
- Global Transcatheter Heart Valve Market Share Analysis by Position: We have mentioned market share by TAVR and TMVR.
- Key Growth Drivers & Challenges: It studies the multi-dimensional factors which helps global Transcatheter Heart Valve Market to grow. The report also covers key challenges that will hinder the market growth.
- Companies Analysis: Four companies their overview of the company and their business strategies.
1. Executive Summary
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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