Global Transcatheter Mitral Valve Replacement Market 2018 – Abbott Laboratories, Edwards Lifesciences, Micro Interventional Devices, Neovasc

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Transcatheter mitral valve replacement is very recent technology and it is gaining prominence since its getting fast approvals from various governments globally. The replacement of mitral heart valve is quite complex procedure due to its complex structure and position. So Transcatheter Mitral Heart Valve is creating a big market by replacing the traditional technique to change mitral valve.

Scope of the Report:

This report studies the Transcatheter Mitral Valve Replacement market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Transcatheter Mitral Valve Replacement market by product type and applications/end industries.

Growth in geriatric population and rise in mitral valve disorders drives the market growth. In addition, rise in technological advancements coupled with the introduction novel mitral valves are the other factors that drive the market growth. The major restraint observed for this market is the strict regulations by the governing bodies as well as high cost of mitral valve surgeries and high risk associated with these procedures. Moreover, rise in healthcare expenditure and emergence of cardiovascular diseases in developing countries will create lucrative opportunities for key market players.

The Americas was the largest market for transcatheter mitral valve replacement as it accounted for most of the market share. The market in the Americas is expected to grow rapidly due to the increasing incidences of mitral valve disorders in the region. Furthermore, the advances in technology and implementation of minimally invasive transcatheter mitral valve replacement procedures will aid in the growth of this market until the end of 2023.

The global Transcatheter Mitral Valve Replacement market is valued at 380 million USD in 2017 and is expected to reach 380 million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Transcatheter Mitral Valve Replacement.

Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

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Market Segment by Companies, this report covers

Abbott Laboratories

Edwards Lifesciences

Micro Interventional Devices

Neovasc

MitrAssist

NaviGate Cardiac Structures

Valtech

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Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Transfemoral Implantation

Transapical Implantation

Transaortic Implantation

Market Segment by Applications, can be divided into

Hospitals

Clinics

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