Transcatheter Heart Valve Replacement and Repair Market: Segment Snapshot and Table of Content (2016-2026)
Transcatheter heart valve implantation is a procedure with less invasive approach helps in replacing the heart valve with prosthetic valve for treatment of severe aortic stenosis and mitral regurgitation. It is the effective alternative to cumbersome open heart surgery especially for high risk patients. The procedure helps reduce severe degenerative aortic stenosis and increases survival rate of patients. Increasing percutaneous transcatheter prosthetic valve implantation worldwide is expected to drive demand for transcatheter heart valve devices, as risk of valvular heart disease is higher among geriatric population, owing to increasing prevalence of severe aortic stenosis and asymptomatic severe mitral regurgitation.
The global transcatheter heart valve replacement & repair market was valued at US$ 1,605.5 Mn in 2015 and is expected to expand at a CAGR of 13.9% over the forecast period (2016–2026).
The global Transcatheter Heart Valve Replacement and Repair market is segmented on the basis of expression system, product type, application, end user and region.
Market Segmentation by Product Type
On the basis of product type, the market has been segmented into transcatheter aortic valve replacement (TAVR) and transcatheter mitral valve repair (TMVR). In terms of value, TAVR segment is expected to account for 79.9% market share in global transcatheter heart valve replacement & repair market by 2026 end.
Market Segmentation by Surgical Approach
On the basis of surgical approach, the market has been segmented into transfemoral approach, transapical approach and transaortic approach. Transfemoral segment accounted for highest market share of 82.1% in 2015 and is expected to retain its dominance throughout the forecast period. Increasing focus on investigational products by various vendors boost the market growth of transcatheter valves across the globe.
Market Segmentation by End User
On the basis of end user, the market has been segmented into hospitals, ambulatory surgical centres and cardiac catheterization laboratory. Hospital segment is expected to exhibit the highest growth over the forecast period, followed by cardiac catheterization laboratory segment. Increasing patient population seeking effective and efficient treatment with shorter recovery time are key factors driving adoption of new medical devices and technologies in hospitals.
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Summary of Table of Content
1. Research Methodology
2. Assumptions and Acronyms
3. Executive Summary
4. Global Transcatheter Heart Valve Replacement & Repair Market Overview
5.Global Transcatheter Heart Valve Replacement & Repair Market Dynamics
6. Global Transcatheter Heart Valve Replacement & Repair Market Analysis, By Product Type
7. Global Transcatheter Heart Valve Replacement & Repair Market Analysis, By Surgical Approach
8. Global Transcatheter Heart Valve Replacement & Repair Market Analysis, By End User
9. Global Transcatheter Heart Valve Replacement & Repair Market Analysis, By Region
10. North America Transcatheter Heart Valve Replacement & Repair Market Analysis
11. Latin America Transcatheter Heart Valve Replacement & Repair Market Analysis
12. Western Europe Transcatheter Heart Valve Replacement & Repair Market Analysis
13. Eastern Europe Transcatheter Heart Valve Replacement & Repair Market Analysis
14. Asia Pacific Excl. Japan Transcatheter Heart Valve Replacement & Repair Market Analysis
15. Japan Transcatheter Heart Valve Replacement & Repair MarketAnalysis
16. MEA Transcatheter Heart Valve Replacement & Repair Market Analysis
17.Competition Landscape
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