Transcatheter Mitral Valve Repair and Replacement Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Transcatheter Mitral Valve Repair and Replacement Market was valued at USD 1.70 billion in 2019 and is expected to reach USD 4.62 billion by 2027, at a CAGR of 13%.

Transcatheter mitral valve repair and replacement methods are of considerable interest due to advances in valve therapy. Transcatheter mitral valve replacement (TMVR) can be used as an alternative to open heart surgery and is used to treat mitral stenosis, mitral valve prolapse, and mitral valve regurgitation. The mitral valve is located between the left atrium and left ventricle. In mitral valve disorder, the valves do not function properly, resulting in irregular blood flow. This irregular blood flow can cause disorders such as mitral valve prolapse or mitral regurgitation. Transcatheter mitral valve repair and replacement methods are attracting attention due to technological advances in valve therapy. Transcatheter mitral valve replacement can be used as an alternative to open heart surgery and is helpful in the treatment of mitral valve stenosis, mitral valve prolapse, and mitral regurgitation.

Market Segments

By Product Type

• Bioprosthetic Tissue (Biological) Valves
• Mechanical Valves

By Indication

• Mitral Valve Regurgitation
• Mitral Valve Stenosis
• Mitral Valve Prolapse

Key Players

Key players operating in the global transcatheter mitral valve repair and replacement market such as Abbott Laboratories, Biotronik Pvt Ltd, Colibri Heart Valve, LLC, Edward Lifesciences, HLT Medical, LivaNova Plc, Medtronic Plc, Neovasc Inc. and NeoChord.

Scope of the Report

The research study analyzes the global Transcatheter Mitral Valve Repair and Replacement industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Transcatheter Mitral Valve Repair and Replacement Market Report

1. What was the Transcatheter Mitral Valve Repair and Replacement Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Transcatheter Mitral Valve Repair and Replacement Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Transcatheter Mitral Valve Repair and Replacement Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.