Growth In Geriatric Population Is Boosting The Transcatheter Mitral Valve Repair & Replacement Market

Transcatheter Mitral Valve Repair & Replacement Market

Definition

Mitral valve is located between the left atrium and left ventricle. Mitral valve disease is a condition in which the valve stops functioning properly that results in irregular blood flow. This irregular blood flow can cause diseases such as mitral valve prolapse and mitral valve regurgitation.

Drivers & Restraints

The global market is anticipated to rise at a considerable rate during the forecast period. In the recent years, the market was growing at a steady rate and with the rising adoption of strategies by key players; the market is expected to rise over the projected horizon. Rise in technological advancements coupled with the introduction novel mitral valves are the other factors that drive the market growth.

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Segments-

Product Type-

Mechanical Valves

Bioprosthetic Tissue (Biological) Valves

 

Application-

Mitral Valve Stenosis

Mitral Valve Prolapse

Mitral Valve Regurgitation

 

Regional Analysis

The market has been segment into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. North America dominated the global transcatheter mitral valve repair and replacement market accounting for the largest share of the total market in 2016

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Companies-

Abbott Laboratories

Biotronik Pvt Ltd

Colibri Heart Valve, LLC

Edward Lifesciences

HLT Medical

LivaNova Plc

Medtronic Plc

Neovasc Inc

NeoChord.