According to the market research report released by Technavio, the global transcatheter heart valves market is expected to accelerate at a CAGR of over 16% during the forecast period. The growing prevalence of mitral regurgitation and aortic stenosis is one of the key factors triggering the growth of the market.
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According to the market research report released by Technavio, the global transcatheter heart valves market is expected to accelerate at a CAGR of over 16% until 2022. (Graphic: Business Wire)
This research report titled 'Global Transcatheter Heart Valves Market 2018-2022' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global transcatheter heart valves market into the following products:
- TAV
- TMV
In 2017, the TAV segment accounted for 70% of the global market. However, the TMV segment is expected to grow at a faster rate during the forecast period.
Global transcatheter heart valves market: Top emerging trend
New product launches coupled with R&D activities is an emerging trend in this market space. Vendors are strategically focusing on the development and fast approvals of the new transcatheter heart valve. New product development, coupled with R&D activities, helps the vendors sustain their position within fragmented transcatheter heart valves market and to enhance their growth. Vendors are actively involved in launching innovative devices for enhancing the clinical outcomes of the transcatheter heart valves such as MRI-enabled heart valves for greater visualization. The market is fragmented, and the vendors are competing very closely to remain competitive in the global market. Most of the shares are occupied by the top key players, but the leadership of these vendors varies within the product segment.
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Technavio's report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Transcatheter Heart Valves Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (TAV and TMV)
- Market segmentation by end-user (hospitals, ASCs, and Specialty cardiac centers)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Edwards Lifesciences, Medtronic, Boston Scientific, Abbott, and Lepu Medical Technology)
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