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The transcatheter pulmonary valve market share is expected to increase by USD 51.74 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.1%.
This transcatheter pulmonary valve market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers transcatheter pulmonary valve market segmentations by technology (balloon-expanded and self-expanded) and geography (North America, Europe, Asia, and Rest of World (ROW)). The transcatheter pulmonary valve market report also offers information on several market vendors, including Abbott Laboratories, Artivion Inc., Boston Scientific Corp., Braile Biomedica, Colibri Heart Valve LLC, Edwards Lifesciences Corp., JenaValve Technology Inc., Medtronic Plc, Venus Medtech Hangzhou Inc., and Xeltis AG among others.
Download Report Sample to Unlock the Transcatheter Pulmonary Valve Market Size for the Forecast Period and Other Important Statistics
The rising incidence of cardiac diseases is notably driving the transcatheter pulmonary valve market growth, although factors such as a shortage of cardiologists may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the transcatheter pulmonary valve industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Transcatheter Pulmonary Valve Market Driver
Key Transcatheter Pulmonary Valve Market Trend
Key Transcatheter Pulmonary Valve Market Challenge
This transcatheter pulmonary valve market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global transcatheter pulmonary valve market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the transcatheter pulmonary valve market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the transcatheter pulmonary valve market encompasses successful business strategies deployed by the key vendors. The transcatheter pulmonary valve market is fragmented and the vendors are deploying growth strategies such as mergers and acquisitions to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The transcatheter pulmonary valve market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the transcatheter pulmonary valve market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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43% of the market’s growth will originate from North America during the forecast period. The US is the key market for the transcatheter pulmonary valve market in North America. Market growth in this region will be slower than the growth of the market in Asia.
The presence of a highly developed healthcare sector, as well as the rising prevalence of disorders such as pulmonary stenosis and regurgitation, will facilitate the transcatheter pulmonary valve market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In early 2020, the outbreak of COVID-19 in the region led to a halt in the operations of units manufacturing surgical instruments, including TPV. However, the market in North America is expected to witness moderate growth during the forecast period owing to increasing healthcare spending from the middle-class and upper-middle-class population in the US.
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The transcatheter pulmonary valve market share growth in the balloon-expanded segment will be significant during the forecast period. The balloon-expanded segment in the global TPV market is expected to witness significant growth in terms of market revenue compared with self-expanded segments during the forecast period. This is due to the increase in the adoption of balloon-expanded TPV and the increase in the prevalence of chronic diseases, such as aortic stenosis and cardiovascular disease, across the globe. Furthermore, the process and recuperation times for balloon-expanded TPV are faster and simpler. Such factors are expected to propel the demand for the balloon-expanded segment, which will fuel the growth of the global TPV market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the transcatheter pulmonary valve market size and actionable market insights on post COVID-19 impact on each segment.
Transcatheter Pulmonary Valve Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.1% |
Market growth 2022-2026 |
$ 51.74 million |
Market structure |
Fragmented |
YoY growth (%) |
5.5 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 43% |
Key consumer countries |
US, Germany, UK, France, and China |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Abbott Laboratories, Artivion Inc., Boston Scientific Corp., Braile Biomedica, Colibri Heart Valve LLC, Edwards Lifesciences Corp., JenaValve Technology Inc., Medtronic Plc, Venus Medtech Hangzhou Inc., and Xeltis AG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Technology
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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