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Global Transcatheter Heart Valve Market Size, Share & Trends Analysis Report by Application (Transcatheter Aortic Valve, Transcatheter Pulmonary Valve, Transcatheter Mitral Valve), Technology, Region, and Segment Forecasts, 2023-2030

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  • 81 Pages
  • December 2023
  • Region: Global
  • Grand View Research
  • ID: 5921064
Description Jump to:
The global transcatheter heart valve market size is anticipated to reach a value of USD 13.0 billion by 2030, registering at a CAGR of 15.2% from 2023 to 2030. The market is currently under-penetrated as these products are approved only for geriatric patients who cannot undergo normal valve surgeries. Growth drivers such as increasing prevalence of chronic cardiovascular diseases, increasing economic development, improvement in reimbursement scenario, and faster adoption of new technologies are expected to significantly improve the usage rates over the forecast period.

The transcatheter heart valve market is evolving rapidly due to the continuous investments in R&D by the key market players such as Edwards Life Sciences, Medtronic, St. Jude, and Boston Scientific. The technologically advanced products such as the SAPIEN 3 transcatheter heart valve and the TRINITY Valve are designed to reduce the surgical complications and improve patient compliance. For instance, the TRINITY TAVI system enables easy retrieval and repositioning of the device, without compromising on patient safety and treatment outcomes.

Furthermore, the market is expected to experience strong tailwinds on account of growing investor interest, lucrative product pipeline, faster regulatory approvals, and high competition to acquire potential start-ups. For example, some of the notable investments in the market include the USD 37 million funding of Venus MedTech by Goldman Sachs. In line with the market trends, the other market participants such as Boston Scientific, Edward Life Sciences, and Medtronic have also increased their investments to develop new products for management of mitral valve regurgitation and tricuspid valve replacements.

Transcatheter Heart Valve Market Report Highlights

  • Aortic stenosis is the most prevalent valve disease, and if untreated it can lead to death. The transcatheter aortic valve segment accounted for the largest market share of 84.55% in 2022.
  • However, the transcatheter mitral valve segment is expected to have the highest CAGR of 23.0% over the forecast period. The U.S. FDA approval of the transcatheter mitral repair device in October 2013 is a key driver of the growth of this segment.
  • North America held the maximum share of nearly 48.4% in 2022. A combination of different factors such as the presence of large target population, high disposable income, strong reimbursement framework, contribute toward the high revenue generated in this region.
  • Asia-Pacific is anticipated to register the fastest CAGR over the forecast period. Increasing disease burden, improvement in clinical trial regulations, growing preference for advanced medical technologies, increase in medical tourism, and special incentives for investments in healthcare sector are expected to strongly favor the growth in this region.


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Application
1.1.2. Technology
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Application outlook
2.2.2. Technology outlook
2.2.3. Regional outlook
2.3. Competitive Insights
Chapter 3. Transcatheter Heart Valve Market Variables; Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Transcatheter Heart Valve Market Analysis Tools
3.4.1. Industry Analysis - Porter’s
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape
Chapter 4. Transcatheter Heart Valve Market: Application Estimates & Trend Analysis
4.1. Transcatheter Heart Valve Market: Key Takeaways
4.2. Transcatheter Heart Valve Market: Movement & Market Share Analysis; 2022 & 2030
4.3. Transcatheter Aortic Valve
4.3.1. Transcatheter aortic valve market estimates and forecasts; 2018 to 2030 (USD Million)
4.4. Transcatheter Pulmonary Valve
4.4.1. Transcatheter pulmonary valve market estimates and forecasts; 2018 to 2030 (USD Million)
4.5. Transcatheter Mitral Valve
4.5.1. Transcatheter mitral valve market estimates and forecasts; 2018 to 2030 (USD Million)
Chapter 5. Transcatheter Heart Valve Market: Technology Estimates & Trend Analysis
5.1. Transcatheter Heart Valve Market: Key Takeaways
5.2. Transcatheter Heart Valve Market: Movement & Market Share Analysis; 2022 & 2030
5.3. Balloon Expanded Transcatheter Valve
5.3.1. Balloon expanded transcatheter valve market estimates and forecasts; 2018 to 2030 (USD Million)
5.4. Self-Expanded Transcatheter Valve
5.4.1. Self-expanded transcatheter valve delivery market estimates and forecasts; 2018 to 2030 (USD Million)
Chapter 6. Transcatheter Heart Valve Market: Regional Estimates & Trend Analysis
6.1. Regional Outlook
6.2. Transcatheter Heart Valve Market by Region: Key Takeaway
6.3. North America
6.3.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.3.2. U.S.
6.3.2.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.3.3. Canada
6.3.3.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.4. Europe
6.4.1. UK
6.4.1.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.4.2. Germany
6.4.2.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.4.3. France
6.4.3.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.4.4. Italy
6.4.4.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.4.5. Spain
6.4.5.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.4.6. Sweden
6.4.6.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.4.7. Norway
6.4.7.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.4.8. Denmark
6.4.8.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.5. Asia-Pacific
6.5.1. Japan
6.5.1.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.5.2. China
6.5.2.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.5.3. India
6.5.3.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.5.4. Australia
6.5.4.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.5.5. Thailand
6.5.5.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.5.6. South Korea
6.5.6.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.6. Latin America
6.6.1. Brazil
6.6.1.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.6.2. Mexico
6.6.2.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.6.3. Argentina
6.6.3.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.7. MEA
6.7.1. Saudi Arabia
6.7.1.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.7.2. South Africa
6.7.2.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.7.3. UAE
6.7.3.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
6.7.4. Kuwait
6.7.4.1. Market estimates and forecasts; 2018-2030 (Revenue; USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis; By Key Market Participants
7.2. Market Participant Categorization
7.2.1. Boston Scientific Corporation
7.2.1.1. Company overview
7.2.1.2. Financial performance
7.2.1.3. Product benchmarking
7.2.1.4. Strategic initiatives
7.2.2. Bracco Group
7.2.2.1. Company overview
7.2.2.2. Financial performance
7.2.2.3. Product benchmarking
7.2.2.4. Strategic initiatives
7.2.3. Braile Biomedica
7.2.3.1. Company overview
7.2.3.2. Financial performance
7.2.3.3. Product benchmarking
7.2.3.4. Strategic initiatives
7.2.4. Direct Flow Medical
7.2.4.1. Company overview
7.2.4.2. Financial performance
7.2.4.3. Product benchmarking
7.2.4.4. Strategic initiatives
7.2.5. Edwards Lifesciences
7.2.5.1. Company overview
7.2.5.2. Financial performance
7.2.5.3. Product benchmarking
7.2.5.4. Strategic initiatives
7.2.6. JenaValve, St. Jude Medical
7.2.6.1. Company overview
7.2.6.2. Financial performance
7.2.6.3. Product benchmarking
7.2.6.4. Strategic initiatives
7.2.7. Symetis
7.2.7.1. Company overview
7.2.7.2. Financial performance
7.2.7.3. Product benchmarking
7.2.7.4. Strategic initiatives
7.2.8. ValveXchange, Inc
7.2.8.1. Company overview
7.2.8.2. Financial performance
7.2.8.3. Product benchmarking
7.2.8.4. Strategic initiatives
List of Tables
Table 1 List of Abbreviation
Table 2 North America transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 3 North America transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 4 North America transcatheter heart valve market, by region, 2018-2030 (USD Million)
Table 5 U.S. transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 6 U.S. transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 7 Canada transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 8 Canada transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 9 Europe transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 10 Europe transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 11 Europe transcatheter heart valve market, by region, 2018-2030 (USD Million)
Table 12 Germany transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 13 Germany transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 14 UK transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 15 UK transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 16 France transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 17 France transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 18 Italy transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 19 Italy transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 20 Spain transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 21 Spain transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 22 Sweden transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 23 Sweden transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 24 Norway transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 25 Norway transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 26 Denmark transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 27 Denmark transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 28 Asia-Pacific transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 29 Asia-Pacific transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 30 Asia-Pacific transcatheter heart valve market, by region, 2018-2030 (USD Million)
Table 31 China transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 32 China transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 33 Japan transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 34 Japan transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 35 India transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 36 India transcatheter heart valve market, by technology, (USD Million) 2018 - 2030
Table 37 Australia transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 38 Australia transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 39 Thailand transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 40 Thailand transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 41 South Korea transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 42 South Korea transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 43 Latin America transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 44 Latin America transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 45 Latin America transcatheter heart valve market, by region, 2018-2030 (USD Million)
Table 46 Brazil transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 47 Brazil transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 48 Mexico transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 49 Mexico transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 50 Argentina transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 51 Argentina transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 52 Middle East and Africa transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 53 Middle East and Africa transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 54 Middle East and Africa transcatheter heart valve market, by region, 2018-2030 (USD Million)
Table 55 South Africa transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 56 South Africa transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 57 Saudi Arabia transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 58 Saudi Arabia transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 59 UAE transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 60 UAE transcatheter heart valve market, by technology, 2018-2030 (USD Million)
Table 61 Kuwait transcatheter heart valve market, by application, 2018-2030 (USD Million)
Table 62 Kuwait transcatheter heart valve market, by technology, 2018-2030 (USD Million)
List of Figures
Figure 1 Market research process
Figure 2 Data triangulation techniques
Figure 3 Primary research pattern
Figure 4 Market research approaches
Figure 5 Value-chain-based sizing & forecasting
Figure 6 QFD modeling for market share assessment
Figure 7 Market formulation & validation
Figure 8 Transcatheter heart valve: Market outlook
Figure 9 Transcatheter heart valve: Competitive insights
Figure 10 Parent market outlook
Figure 11 Related/ancillary market outlook
Figure 12 Penetration and growth prospect mapping
Figure 13 Industry value chain analysis
Figure 14 Transcatheter heart valve market driver impact
Figure 15 Transcatheter heart valve market restraint impact
Figure 16 Transcatheter heart valve market strategic initiatives analysis
Figure 17 Transcatheter heart valve market: Application movement analysis
Figure 18 Transcatheter heart valve market: Application outlook and key takeaways
Figure 19 Transcatheter aortic valve market estimates and forecasts, 2018-2030 (USD Million)
Figure 20 Transcatheter pulmonary valve market estimates and forecasts, 2018-2030 (USD Million)
Figure 21 Transcatheter mitral valve market estimates and forecasts, 2018-2030 (USD Million)
Figure 22 Transcatheter heart valve market: Technology movement analysis
Figure 23 Transcatheter heart valve market: Technology outlook and key takeaways
Figure 24 Balloon expanded Transcatheter valve market estimates and forecasts, 2018-2030 (USD Million)
Figure 25 Self-expanded Transcatheter valve market estimates and forecasts, 2018-2030 (USD Million)
Figure 26 Global Transcatheter heart valve market: Regional movement analysis
Figure 27 Global Transcatheter heart valve market: Regional outlook and key takeaways
Figure 28 North America market estimates and forecasts, 2018-2030 (USD Million)
Figure 29 U.S. market estimates and forecasts, 2018-2030 (USD Million)
Figure 30 Canada market estimates and forecasts, 2018-2030 (USD Million)
Figure 31 Europe market estimates and forecasts, 2018-2030 (USD Million)
Figure 32 UK market estimates and forecasts, 2018-2030 (USD Million)
Figure 33 Germany market estimates and forecasts, 2018-2030 (USD Million)
Figure 34 France market estimates and forecasts, 2018-2030 (USD Million)
Figure 35 Italy market estimates and forecasts, 2018-2030 (USD Million)
Figure 36 Spain market estimates and forecasts, 2018-2030 (USD Million)
Figure 37 Sweden market estimates and forecasts, 2018-2030 (USD Million)
Figure 38 Norway market estimates and forecasts, 2018-2030 (USD Million)
Figure 39 Denmark market estimates and forecasts, 2018-2030 (USD Million)
Figure 40 Asia-Pacific market estimates and forecasts, 2018-2030 (USD Million)
Figure 41 Japan market estimates and forecasts, 2018-2030 (USD Million)
Figure 42 China market estimates and forecasts, 2018-2030 (USD Million)
Figure 43 India market estimates and forecasts, 2018-2030 (USD Million)
Figure 44 Australia market estimates and forecasts, 2018-2030 (USD Million)
Figure 45 Thailand market estimates and forecasts, 2018-2030 (USD Million)
Figure 46 South Korea market estimates and forecasts, 2018-2030 (USD Million)
Figure 47 Latin America market estimates and forecasts, 2018-2030 (USD Million)
Figure 48 Brazil market estimates and forecasts, 2018-2030 (USD Million)
Figure 49 Mexico market estimates and forecasts, 2018-2030 (USD Million)
Figure 50 Argentina market estimates and forecasts, 2018-2030 (USD Million)
Figure 51 Middle East and Africa. market estimates and forecasts, 2018-2030 (USD Million)
Figure 52 Saudi Arabia market estimates and forecasts, 2018-2030 (USD Million)
Figure 53 South Africa market estimates and forecasts, 2018-2030 (USD Million)
Figure 54 UAE market estimates and forecasts, 2018-2030 (USD Million)
Figure 55 Kuwait market estimates and forecasts, 2018-2030

Companies Mentioned

  • Boston Scientific Corporation
  • Bracco Group
  • Braile Biomedica
  • Direct Flow Medical
  • Edwards Lifesciences
  • JenaValve, St. Jude Medical
  • Symetis
  • ValveXchange, Inc

Methodology

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Table Information

Report AttributeDetails
No. of Pages81
PublishedDecember 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 4.2 Billion
Forecasted Market Value ( USD ) by 2030 $ 13 Billion
Compound Annual Growth Rate15.2%
Regions CoveredGlobal
No. of Companies Mentioned8

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