Transcatheter Mitral Valve Repair and Replacement Market Expected to reach $1,878 Million, Globally, by 2023


quote The transcatheter mitral valve repair & replacement market is at its initial stage as this is an emerging technique and many healthcare professionals as well as individuals don‐™t know the benefits associated with the surgery. The transcatheter mitral valve repair & replacement market has emerged as an effective treatment option for symptomatic severe mitral regurgitation (MR) in patients considered to be non-treatable or at high operative risk for mitral valve surgery. quote

Garima Chandra
Research Analyst, Healthcare at AMR

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a new report published by Allied Market Research, titled, Transcatheter Mitral Valve Repair and Replacement Market by Product and Indication: Global Opportunity Analysis and Industry Forecast, 2017-2023, the tanscatheter mitral valve repair & replacement market was valued at $324 million (excluding the revenue from replacement valves) in 2016, and is expected to reach at $1,878 million (both repair and replacement valves) by 2023, registering a CAGR of 30.0% from 2017 to 2023. The mechanical valves segment accounted for maximum share of the total market in 2016.

Access Full Summary at :

Mitral valve is a valve in the heart that lets the blood flow from one chamber of the heart to the left atrium, to another valve called the left ventricle. Mitral valves help keep the blood flow in a proper direction and avoid blood from flowing backwards. The repair and replacement of the valves is performed when they do not supply enough blood to the left ventricle, which further results in bacterial endocarditis, congestive heart failure, and even sudden death.

Growth in geriatric population and rise in mitral valve disorders drive the market growth. In addition, 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 in developing countries will create lucrative opportunities for key market players

Mitral valve Stenosis application is anticipated to maintain its dominance during the forecast period, owing to the high prevalence of mitral valve stenosis caused by the rheumatic fever, which is an infectious heart disease. This has led to the remarkable demand for the tanscatheter mitral valve repair & replacement devices.

Key Findings of theTranscatheter Mitral Valve Repair and Replacement Market

  • The U.S. was the major shareholder in the North America transcatheter mitral valve repair & replacement market, and accounted for the highest share in 2016.
  • Bioprosthetic tissue (biological) valves is expected to grow at the significant CAGR of 30.5% during 2017-2023.
  • China occupied about one-fourth share of the total Asia-Pacific transcatheter mitral valve repair & replacement market in 2016. Whereas, India is expected to grow rapidly registering a CAGR of 32.9% during the forecast period.
  • The mitral valve regurgitation segment is growing at a highest CAGR of 33.5% from 2017 to 2023.
  • UK is anticipated to exhibit a highest CAGR during the forecast period.

In 2016, Asia-Pacific and LAMEA collectively accounted for about one-third share of the global transcatheter mitral valve repair & replacement market and is expected to continue this trend throughout the forecast period. Key factors driving the market include the prevalence of mitral valve diseases and deaths caused owing to this disease. Mitral valve diseases are sometimes inoperable and can be treated by performing mitral valve surgeries.

The report provides a comprehensive analysis of the key players operating in the global transcatheter mitral valve repair & replacement market such as LivaNova Plc, Abbott Laboratories, Biotronik Pvt Ltd, Edward Lifesciences, Medtronic Plc, Neovasc Inc., NeoChord, St. Jude Medical, Direct Flow Medical Inc. and Colibri Heart Valve, LLC.

The other players in the value chain of the global transcatheter mitral valve repair and replacement market include Venus Medtech, HLT Medical, Transcatheter Technologies GmbH, MValve Technologies, Coramaze Technologies GmbH, and Mardil Medical.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1⟨855⟩ 550-5975



For Media Inquiries, Please Contact

Abhinav Rautela
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote Transcatheter Mitral Valve Repair & Replacement Market by Product [Mechanical Valves and Bioprosthetic Tissue (Biological) Valves] and by Indication (Mitral Valve Stenosis, Mitral Valve Prolapse, and Mitral Valve Regurgitation) - Global Opportunity Analysis and Industry Forecast, 2017-2023 quote

View Report

Why Allied Market Research


Infallible Methodology

To ensure high level data integrity, accurate analysis and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to eliminate redundant information to provide valued information and save time of the reader


Featured Readings


Published Date Nov 2018

Immunoglobulin Market

Download Sample

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interest you.

Get Industry Data Alerts