Transcatheter Pulmonary Valve Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030

Published Date : May 2021 | No. of Pages : 250 Pages | Category : Healthcare

The global Transcatheter Pulmonary Valve market size is expected to be worth around US$ 64.1 million by 2030, according to a new report by Vision Research Reports.

The global Transcatheter Pulmonary Valve market size was valued at US$ 41.01 million  in 2020 and is anticipated to grow at a CAGR of 16.0 % during forecast period 2021 to 2030.

Growth Factors

 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.

Report Highlights

the tetralogy of Fallot held the majority of the revenue share owing to the presence of a huge product base for this application and growing incidence of tetralogy of Fallot amongst both the geriatric and adult population. Moreover, other than this application, pulmonary stenosis and others are also amongst the spearheaded segments.

Since the technology is quite a niche, and there are only three approved devices available in the U.S., Canada, and some parts of Europe, there is no mature segment of this market. Many applications are still under the uncharted territory, which includes cardiac anomaly, atresia, and regurgitation. The aforementioned applications are expected to boost the transcatheter pulmonary valve market over the forecast period.

the balloon-expanded transcatheter valve segment was leading the revenue share, accounting for the largest market share of approximately 65.6% in 2020. The segment held the majority of the shares due to the growing consumer adoption rate and the increasing development of new products.

Moreover, the balloon-expanded transcatheter valve is also the fastest-growing segment at a lucrative CAGR. The growing interest amongst the manufacturers in balloon-expanded technology and rising awareness regarding the accuracy and precision of the treatment result are some of the factors that are expected to support the growth over the next eight years.

the adult transcatheter pulmonary valve held a majority of market share owing to the presence of huge demand for medical devices amongst the adult population and increasing prevalence of disorders such as cardiac abnormalities, pulmonary stenosis, regurgitation, and tetralogy of Fallot.

However, the pediatric transcatheter pulmonary segment is expected to be the fastest-growing segment over the forecast period owing to the technological advancement in cardiac devices. The increasing number of pediatric population affected with pulmonary stenosis, atresia, tetralogy of Fallot, and other related disorders is one of the crucial factors that is expected to drive the market over the forecast period.

tissue-engineered transcatheter pulmonary valve held the majority of the share owing to the present product base and huge demand for tissue-engineered heart valve to avoid several limitations of using synthetic heart valve.

Moreover, the tissue-engineering segment is anticipated to grow at a faster pace as compared to synthetic transcatheter pulmonary. The presence of a huge product base of bioprosthetics & tissue valves and growing investment by the private & the public players for the development of advanced tissue-engineered heart valve to avoid the complications related to progressive degeneration are some of the factors that are anticipated to boost the industry over the coming few years. For instance, XELTIS announced that it had developed the first bioabsorbable heart valve, which received positive results in the second clinical trial.

North America was the largest regional market with a revenue of approximately USD 24.99 million in 2015. However, Asia Pacific is expected to grow with a maximum CAGR of 29.2% over the forecast period of 2019 to 2025. As of 2015, there was no commercialized product available in various regions such as Asia Pacific, Latin America, and MEA. And also the ongoing with the existing product base in the Asia Pacific region are expected to complete its study by 2017-18. Thus, in 2019 onwards it is expected to have a product launch in various regions such as Asia Pacific, Latin America, and MEA.

Emerging economies such as India and China account for the majority of the medical device export across the globe. The growing demand for innovative heart valves, increasing geriatric population, rising healthcare expenditure, and rapidly developing healthcare sector are some of the factors that are expected to drive the market.

Key Players

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.

Market Segmentation

  • Application Outlook

    • Cardiac Anomaly

    • Pulmonary Atresia

    • Pulmonary Stenosis

    • Pulmonary Regurgitation

    • Tetralogy of Fallot

    • Truncus Arteriosus

    • Others

  • Transcatheter Valve Technology Outlook

    • Balloon-Expanded

    • Self-Expanded

  • End-Use Outlook 

    • Adult

    • Pediatric

  • Transcatheter Valve Raw Material Outlook 

    • Synthetic 

    • Tissue Engineered

  • Regional Outlook 

    • North America

      • The U.S.

      • Canada

    • Europe

      • UK

      • Germany

      • Spain

      • Russia

      • France

      • Italy

    • Asia Pacific

      • China

      • Japan

      • Hong Kong

      • Taiwan

    • Latin America

      • Mexico

      • Brazil

    • MEA

      • South Africa

The Transcatheter Pulmonary Valve market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Transcatheter Pulmonary Valve market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Transcatheter Pulmonary Valve market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Transcatheter Pulmonary Valve market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Transcatheter Pulmonary Valve market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Transcatheter Pulmonary Valve capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Transcatheter Pulmonary Valve by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Transcatheter Pulmonary Valve market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Transcatheter Pulmonary Valve market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Transcatheter Pulmonary Valve market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Transcatheter Pulmonary Valve industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Transcatheter Pulmonary Valve market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Transcatheter Pulmonary Valve market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Transcatheter Pulmonary Valve market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Transcatheter Pulmonary Valve market. These factors have benefited the growth of the global market for Transcatheter Pulmonary Valve. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Transcatheter Pulmonary Valve. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Transcatheter Pulmonary Valve are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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