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Transcatheter Mitral Valve Repair and Replacement Market Opportunity Analysis 2018 – 2026

The global transcatheter mitral valve repair and replacement devices market is expected to witness growth, owing to continuous technological advancements such as developing multiple use valves. For instance, in June 2017, Edwards Lifesciences received FDA approval for its SAPIEN 3 transcatheter prosthetic heart valve, indicated for placement within both mitral valves and aortic valves. Increase in number of TMVR pipeline devices for treatment of mitral valve abnormalities are also expected to propel growth of TMVR market. For instance, a randomized clinical trial of Medtronic Intrepid Transcatheter Mitral Valve Replacement System, sponsored by Medtronic Cardiovascular is ongoing for treating mitral valve regurgitation and is estimated to complete in October 2025.

The global transcatheter mitral valve repair and replacement devices market is expected to witness growth, owing to continuous technological advancements such as developing multiple use valves. For instance, in June 2017, Edwards Lifesciences received FDA approval for its SAPIEN 3 transcatheter prosthetic heart valve, indicated for placement within both mitral valves and aortic valves.
Increase in number of TMVR pipeline devices for treatment of mitral valve abnormalities are also expected to propel growth of TMVR market. For instance, a randomized clinical trial of Medtronic Intrepid Transcatheter Mitral Valve Replacement System, sponsored by Medtronic Cardiovascular is ongoing for treating mitral valve regurgitation and is estimated to complete in October 2025.

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Intrepid <strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Replacement</strong> System, sponsored by Medtronic Cardiovascular<br />

is ongoing for treating mitral valve regurgitation <strong>and</strong> is estimated to complete in October 2025.<br />

<strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Repair</strong> <strong>and</strong> <strong>Replacement</strong> <strong>Market</strong> Restraints<br />

Stringent government regulations as well as high cost of mitral valve surgeries are major factors<br />

restraining growth of the market. For instance, according to an article published in National<br />

Chemical Biology Institute (NCBI), in September 2015, mean cost of TMVR surgery was US$<br />

42,806. According to Times of India March 2012, the cost of TMVR procedure in India was US$<br />

29,350 which include the estimated cost of valve US$ 21,500.<br />

<strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Repair</strong> <strong>and</strong> <strong>Replacement</strong> <strong>Market</strong> <strong>–</strong> Regional <strong>Analysis</strong><br />

On the basis of region, the transcatheter mitral valve repair <strong>and</strong> replacement market is<br />

segmented into North America, Latin America, Europe, Asia Pacific, Middle East, <strong>and</strong> Africa.<br />

North America is projected to dominate transcatheter mitral valve repair <strong>and</strong> replacement<br />

market, owing to high prevalence of cardiac disease. For instance, in the U.S., heart disease is a<br />

leading cause of death, accounting for around 375,000 deaths annually. According to<br />

ClinicoEconomics <strong>and</strong> Outcomes Research 2016, <strong>Mitral</strong> regurgitation is the most frequent valve<br />

disease in the U.S. affecting nearly 1 in 10 people of 75 years or older.<br />

Asia Pacific region is expected to witness significant growth, owing expansions of manufacturing<br />

facilities by market players. For instance, Medtronic, Inc. in March 2011, opened new<br />

manufacturing facility in Singapore to meet increasing dem<strong>and</strong> for cardiac devices in region.<br />

Browse More About the Keyword <strong>Market</strong> Study @<br />

https://www.coherentmarketinsights.com/ongoing-insight/transcatheter-mitral-valve-repair<strong>and</strong>-replacement-market-2189<br />

Report includes chapters which deeply display the following deliverable about industry:<br />

• <strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Repair</strong> <strong>and</strong> <strong>Replacement</strong> <strong>Market</strong> Research Objective <strong>and</strong> Assumption<br />

• <strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Repair</strong> <strong>and</strong> <strong>Replacement</strong> <strong>Market</strong> Purview - Report Description, Executive<br />

Summary, <strong>and</strong> Coherent <strong>Opportunity</strong> Map (COM)<br />

• <strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Repair</strong> <strong>and</strong> <strong>Replacement</strong> <strong>Market</strong> Dynamics, Regulations, <strong>and</strong> Trends<br />

<strong>Analysis</strong> - <strong>Market</strong> Dynamics, Regulatory Scenario, Industry Trend, Merger <strong>and</strong> Acquisitions, New<br />

system Launch/Approvals, Value Chain <strong>Analysis</strong>, Porter’s <strong>Analysis</strong>, <strong>and</strong> PEST <strong>Analysis</strong><br />

• Global <strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Repair</strong> <strong>and</strong> <strong>Replacement</strong> <strong>Market</strong>, By Regions<br />

• <strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Repair</strong> <strong>and</strong> <strong>Replacement</strong> <strong>Market</strong> Competition by Manufacturers including<br />

Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area <strong>and</strong><br />

Product Type.<br />

• <strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Repair</strong> <strong>and</strong> <strong>Replacement</strong> <strong>Market</strong> Manufacturers Profiles/<strong>Analysis</strong><br />

including Company Basic Information, Manufacturing Base <strong>and</strong> Its Competitors.<br />

• <strong>Transcatheter</strong> <strong>Mitral</strong> <strong>Valve</strong> <strong>Repair</strong> <strong>and</strong> <strong>Replacement</strong> <strong>Market</strong> Manufacturing Cost <strong>Analysis</strong> including<br />

Key Raw Materials <strong>and</strong> Key Suppliers of Raw Materials.<br />

• Industrial Chain, Sourcing Strategy <strong>and</strong> Downstream Buyers including Upstream Raw Materials

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