San Francisco, 10 December 2018: The global transcatheter pulmonary valve market is
expected to reach a value of USD 54.1 million by 2025, according to a new
report by Grand View Research, Inc. The technological advancements pertaining
to heart valve technologies, and increasing number of clinical trials pipeline
by various public and private players are some of the crucial factors expected
to boost the market over the forecast period.
In 2015, North America held the majority of
market share of nearly 80.6% in the global market. Some of the major drivers
are increasing prevalence of the various cardiovascular disorders, growing
geriatric population with heart valve diseases such as pulmonary stenosis,
pulmonary regurgitation, and others, and rising awareness regarding the
benefits of transcatheter valves over surgical procedures. The growing number
of patients suffering from long-term heart disorders, rising awareness about
technologically advanced heart valve, and increasing healthcare expenditures
and reimbursement policies for overall transcatheter valves are some of the key
contributors to the growth of the market globally.
However, Asia Pacific is expected to show a
growth in this market after 2019, as there will be several product launch in
this region. The Asia Pacific region is expected to grow at a lucrative growth
rate owing to the growth of many developing economies like Japan and China.
These developing countries show a potential of growth due to various
contributors such as the increasing aging population and growing prevalence of
heart diseases. Moreover, the presence of a large pool of patients, developing
healthcare infrastructure & services, increasing disposable income, and
rising government funding are some of the factors that are expected to drive
the market during the forecast period.
Access
Research Report of Transcatheter Pulmonary
Valve Market @ www.grandviewresearch.com/industry-analysis/transcatheter-pulmonary-valve-market
Further key findings from the study suggest:
· In 2015, tetralogy of Fallot (ToF) was the
largest application segment, owing to the growing prevalence of ToF and the
presence of huge product portfolio
· In 2015, balloon transcatheter valve
segment held majority of the revenue share and is expected to be the fastest
growing market during the forecast period
· The presence of huge patient base and
growing interest among the private and public players to launch product after
the completion of clinical trial in 2017 is expected to drive the Asia Pacific
market
· Some of the key players are Boston
Scientific Corporation, Braile Biomédica, Direct Flow Medical, Edwards
Lifesciences Corporation, JenaValve Technology, Inc., St. Jude Medical,
SYMETIS, Colibri Heart Valve, LLC, VENUS MEDTECH, and XELTIS.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
transcatheter pulmonary valve market by application, technology, end-use, raw
material, and region:
Transcatheter Pulmonary Valve Application
Outlook (Revenue in USD Million, 2014 - 2025)
·
Cardiac Anomaly
·
Pulmonary Atresia
·
Pulmonary Stenosis
·
Pulmonary Regurgitation
·
Tetralogy of Fallot
·
Truncus Arteriosus
·
Others
Transcatheter Pulmonary Valve Technology
Outlook (Revenue in USD Million, 2014 - 2025)
·
Balloon-Expanded Transcatheter Valve
·
Self-Expanded Transcatheter Valve
Transcatheter Pulmonary Valve End-Use
Outlook (Revenue in USD Million, 2014 - 2025)
·
Adult
·
Pediatric
Transcatheter Pulmonary Valve Raw Material
Outlook (Revenue in USD Million, 2014 - 2025)
·
Synthetic Transcatheter Valve
·
Tissue Engineered Transcatheter Valve
Transcatheter Pulmonary Valve Regional
Outlook (Revenue in USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Access Press Release of
Transcatheter Pulmonary Valve Market@ www.grandviewresearch.com/press-release/global-transcatheter-pulmonary-valve-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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