The global transcatheter pulmonary valve replacement market size was USD 44.62 Million in 2022 and is expected to register a revenue CAGR of 6.2% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of cardiac disorders such as Coronary Artery Disease (CAD) and heart failure, rising investments and funding toward production of such devices, and rapid advancements in minimally invasive surgical techniques are some of the major factors driving revenue growth of the transcatheter pulmonary valve replacement market.
The Transcatheter Pulmonary Valve Replacement (TPVR) method is evolving at a rapid pace. As it is a less intrusive method with ongoing efficacy and safety improvements, TPVR can provide equivalent long-term results to surgical Pulmonary Valve Replacement (PVR). Since it can be performed numerous times, this treatment offers a valuable alternative, if not the preferable procedure, for patients who will require PVR in the future. Since its introduction twenty years ago, Transcatheter Pulmonary Valve (TPV) TPV Replacement (TPVR) has become the preferred method of treating postoperative Right Ventricular Outflow Tract (RVOT) obstruction or Pulmonary Regurgitation (PR) in patients with a physiologically acceptable prosthetic pulmonary conduit or valve. Over the last two decades, there have been major developments in transcatheter pulmonary valve technology. This includes employing the SAPIEN transcatheter heart valve in pulmonary position, enhancing valve implantation techniques, and creating self-expanding valves and prestents for treatment of large-diameter native or patched right ventricular outflow tracts. Recently developed valves such as Harmony valve, Venous P-valve, and Pulsta valve use a self-expanding mechanism to allow for larger valves and smaller sheaths. Increasing prevalence of cardiac diseases and heart failure is one of the major factors driving revenue growth of the market. One of the leading causes of death is Coronary Artery Disease (CAD). Transcatheter Pulmonary Valve Replacement (TCPVR) has become congenital heart disease standard of care in the majority of large hospitals over the last 22 years. This method has been used on over 7,500 individuals worldwide. In addition, an increasing number of clinical research studies and trials are being conducted to establish safety and efficacy of such systems, which is contributing to market revenue growth.
This comprehensive study provides various aspects of business such as important definition, end use and total revenue generated across various regions. Besides this, researchers behind this study put in vigilant and persistent effort to keep a proximate attention on top performers of Transcatheter Pulmonary Valve Replacement (TPVR) Market. Import and export, demand and supply, gross margin, supply chain management and distribution channel are the other aspects examined during the research.
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Competitive Terrain:
The global Transcatheter Pulmonary Valve Replacement (TPVR) industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Medtronic, Abbott., Boston Scientific Corporation, Terumo Corporation, Venus Medtech (Hangzhou) Inc., Cook Medical, EDWARDS LIFESCIENCES CORPORATION, LIVANOVA, INC., Med-Zenith, and Cordis
Additional information offered by the report:
Along with a complete overview of the global Transcatheter Pulmonary Valve Replacement (TPVR) market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Transcatheter Pulmonary Valve Replacement (TPVR) market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
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Segments Covered in this report are:
Balloon-Expandable Valves
Self-Expanding Valves
Hospitals
Cardiac Centers
Ambulatory Surgical Centers
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
Radical Highlights of the Transcatheter Pulmonary Valve Replacement (TPVR) Market Report:
Comprehensive overview of the Transcatheter Pulmonary Valve Replacement (TPVR) market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Transcatheter Pulmonary Valve Replacement (TPVR) market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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