Transcatheter Mitral Valve Replacement Market Research Report covers the present scenario and the growth prospects of the Transcatheter Mitral Valve Replacement Industry for 2016-2020. Transcatheter Mitral Valve Replacement Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Transcatheter Mitral Valve Replacement globally.
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The Transcatheter Mitral Valve Replacement Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Transcatheter Mitral Valve Replacement Market:
Other Prominent Vendors of Transcatheter Mitral Valve Replacement Market Are:
Development of novel products will promote growth for this market. Advances in technology, material, and design of prosthetic valves and delivery devices have led surgeons to perform mitral valve replacement procedures with better post-surgical outcomes. The growing focus on compatibility and durability of implants in the human body led cardiologists to prefer transcatheter mitral valves to mechanical prosthetic valves. The shift from open-heart procedures to minimally invasive methods for the implantation of devices since 2005 has been a breakthrough in the demand and sales of heart valves.
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According to the Transcatheter Mitral Valve Replacement Market report, prevalence of mitral regurgitation is one of the drivers that led to the growth of this market. Mitral regurgitation is a common heart valve disorder that affects 2%-3% of the population worldwide. The disorder is becoming prevalent among all age groups rapidly. About 0.5% of individuals aged 18-45 and 9% of people aged 60-75 have this disorder. In 2009, research studies estimated that more than 176 million people worldwide have the disorder. These studies also estimated that more than four million individuals in the US had mitral regurgitation. Of this number, about one in 10 individuals was aged 75 and above.
Report also presents Geographical Segmentation analysis of Transcatheter Mitral Valve Replacement Market of Americas, APAC, EMEA region.
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Further, the Transcatheter Mitral Valve Replacement Market report states that availability of alternative treatment is negatively affecting the sales of transcatheter mitral valve implants. Transcatheter mitral valve replacement is a minimally invasive surgical procedure. This procedure has been proven to be safe and efficient, improving the quality of life. However, mitral valve repair surgical procedures are medical consultants’ first choice for treating mitral regurgitation. Mitral valve repair surgery involves the implantation of a stent-like device for reshaping the posterior region of the annulus to repair the damaged mitral valve. The surgical procedure offers better postoperative left ventricular function, lowers long-term morbidity, and increases life expectancy compared to transcatheter mitral valve replacement procedure. Cardiac Dimensions’ Carillon and Edwards Lifesciences’ Monarc are two major mitral valve repair devices available in the market. These devices are less expensive compared to transcatheter mitral valve replacement devices.
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No of Pages: 46
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