Transcatheter Pulmonary Valve (TPV) Therapy Market 2019-2025 | Dynamics, Trends, Segmentation, Regional Outlook

Increasing cardiovascular disease prevalence across the globe coupled with ongoing research and development is expected to stimulate market growth

Market Size – USD 37.8 million in 2018, Market Growth - CAGR of 7.2%, Market Trends – Product launches and research for advanced Transcatheter Pulmonary Valve Therapy

According to the current analysis of Reports and Data, the global transcatheter pulmonary valve therapy market was valued at USD 37.8 million in 2018 and is expected to reach USD 66.4 million by the year 2026, at a CAGR of 7.2 percent. Transcatheter Pulmonary Valve Therapy has come up as the treatment of choice in most congenital heart disease patients with degeneration of a previous right ventricular outflow tract repair. To avoid the need for repeat median sternotomy procedures, less invasive catheter-based interventions to treat pulmonary valve dysfunction have been developed over time.

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Further key findings from the report suggest

• Transcatheter Pulmonary Valve Therapy market is rising at a high growth rate of 7.2 percent in Asia Pacific followed by North America and Europe. High incidence of cardiovascular diseases will drive the demand for the market during forecast period across all regions.
• Regional reimbursement scenario is another key regulatory factor for adoption and growth of transcatheter pulmonary valve therapy in the region..
• Key participants include Medtronic, Edward Lifesciences, Cryolife Inc, and Venus Medtech.

For the purpose of this report, Reports and Data has segmented the global transcatheter pulmonary valve therapy market on the basis of product, piling method and region:

Type (Revenue, USD Million; 2016–2026)

• Balloon expanded
• Self-expanded Transcatheter Valve

Application Outlook (Revenue, USD Million; 2016–2026)

• Hospitals
• Cardiology Centers
• Others

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Regional Outlook (Revenue, USD Million; 2016–2026)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • The Netherlands
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• Middle East and Africa
• Latin America
  • Brazil