Transcatheter Heart Valves Market

Transcatheter Heart Valves Market Size, Share, Growth Analysis, By Type(Transcatheter Aortic Valve, Transcatheter Pulmonary Valve, Transcatheter Mitral Valve), By Application(Hospitals, Clinics), By Region(North America, U.S., Canada, Mexico) - Industry Forecast 2024-2031


Report ID: UCMIG35G2020 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Transcatheter Heart Valves Market Insights

Market Overview:

The development of third-generation transcatheter heart valves, advantageous reimbursement policies in U.S. and European Union (EU) countries, and the rise in valvular heart disease prevalence among those over 60 are the main factors contributing to the rapid growth. Healthcare experts around the world are extremely concerned about the rising mortality rate in the aged population from chronic and terminal cardiovascular illnesses. Additionally, the availability of patient-friendly reimbursement policies through government-sponsored Medicare, Medicaid plans, and private insurance policies is projected to increase the number of patients treated for aortic stenosis, mitral regurgitation, and tricuspid regurgitation. These developments are presumed to positively support the growth of the transcatheter heart valve market over the forecast period. One of CMS's policies, the Medicare National Coverage Determination, permits the coverage of these heart valves under Coverage with Evidence Development.

Transcatheter Heart Valves Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Technology by segment aggregation, the contribution of the Health Care Technology in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Transcatheter Heart Valves was estimated to be valued at US$ XX Mn in 2021.

The Transcatheter Heart Valves Market is estimated to grow at a CAGR of XX% by 2028.

The Transcatheter Heart Valves Market is segmented on the basis of Type, Application, Region.

Based on region, the Transcatheter Heart Valves Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Transcatheter Heart Valves Market are Boston Scientific Corporation, ST. Jude Medical, Edwards Lifesciences Corporation, Colibri Heart Valve, On-X Life Technologies, Jenavalve Technology.

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Transcatheter Heart Valves Market

Report ID: UCMIG35G2020

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