Global Percutaneous Mitral Valve Repair Device Market Opportunities and Forecast 2023-2030

  •   DLR2733
  •   August, 2021
  •   Pages: 120
  •  Global
Percutaneous Mitral Valve Repair Device Market Overview

The global Percutaneous Mitral Valve Repair Device market is expected to grow at a moderate rate during the forecast period. Growing demand for percutaneous mitral valve repair device in the healthcare sector is boosting the growth of the global Percutaneous Mitral Valve Repair Device market. An increasing number of incidences of mitral valve disease leads to expand the growth of the market.

Moreover, governments in many countries are supporting and taking initiatives for the adoption of percutaneous mitral valve repair devices in the healthcare sector is the important factor expected to boost the growth of the Percutaneous Mitral Valve Repair Device market in near future. In addition to this, growing health care expenditure is further driving the expansion of this market worldwide.

On the other hand, a lack of awareness among healthcare professionals, lack of skilled professional having proficiency in using these devices, and the high cost of these devices is likely to hamper the global Percutaneous Mitral Valve Repair Device market during the forecast period.

Covid-19 Impact on Percutaneous Mitral Valve Repair Device Market:

In addition, the current Percutaneous Mitral Valve Repair Device Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Percutaneous Mitral Valve Repair Device Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.

Percutaneous Mitral Valve Repair Device Market Segment Overview

According to Product terrain types, the market is segmented into mitral valve replacement devices, and mitral valve repair devices. Among these mitral valve replacement devices holds the largest share of the market mainly because of the increasing demand for these devices and advantages posed by the mitral valve replacement devices.

Based on end user, the market hospitals, ambulatory surgical centers, and others. In addition, the hospitals segment are expected to grow at the highest rate in the coming years. This owes to the higher availability of the advanced devices that can be used for mitral valve repair and rise in flow of both inpatients and outpatients in the segment which would propel the growth of the hospitals segment during the forecast period.

Market Analysis, Insights and Forecast – By Product terrain

·       Mitral Valve Replacement Devices
·       Mitral Valve Repair Devices

Market Analysis, Insights and Forecast – By End-user

·       Hospitals
·       Ambulatory Surgical Centers
·       Others

Percutaneous Mitral Valve Repair Device Market Regional Overview

Region-wise, North America dominated the global Percutaneous Mitral Valve Repair Device market and is expected to continue its dominance during the forecast period. Factors such as the rising number of mitral valve disease, growth in need for minimally invasive devices for management of the disease, and high health care expenditure propels the growth of the market in North America. Similarly, Asia Pacific is also expected to account for the fastest growth in the global market owing to well-established health care infrastructure. Factors such as development in the health care infrastructure, rising awareness about health, a surge in investment in therapeutic sectors, and growing adoption of percutaneous mitral valve repair device are expected to escalate the growth of the Percutaneous Mitral Valve Repair Device market in the Asia Pacific region.

Percutaneous Mitral Valve Repair Device Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Percutaneous Mitral Valve Repair Device Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Percutaneous Mitral Valve Repair Device are highlighted below.

·       In November 2020, Abbott had launched its clip delivery system, which is a minimally invasive heart valve repair device to treat mitral regurgitation in India. This product puts new technology into the hands of physicians by giving them a life-saving treatment option that may be used for people suffering from mitral regurgitation due to a heart defect or as a result of heart failure. 

Percutaneous Mitral Valve Repair Device Market, Key Players

·       Medtronic
·       St. Jude Medical
·       Sorin Group
·       Abbott Laboratories
·       Accellent Inc.
·       Admedes Schuessler GmbH
·       AorTech International
·       Arbor Surgical Technologies, Inc.
·       AutoTissue GmbH
·       Boston Scientific
·       CryoLife
·       Colibri Heart Valve
·       Micro Interventional Devices
·       Neovasc
·       JenaValve Product terrain

Percutaneous Mitral Valve Repair Device Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Percutaneous Mitral Valve Repair Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Product terrain
        • 5.2.1. Mitral Valve Replacement Devices
        • 5.2.2. Mitral Valve Repair Devices
      • 5.3. Market Analysis, Insights and Forecast – By End-user
        • 5.3.1. Hospitals
        • 5.3.2. Ambulatory Surgical Centers
        • 5.3.3. Others
      • 5.4. Market Analysis, Insights and Forecast – By Region
        • 5.4.1. North America
        • 5.4.2. Europe
        • 5.4.3. Asia Pacific
        • 5.4.4. Latin America, Middle East, and Africa

      6. North America Percutaneous Mitral Valve Repair Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Product terrain
        • 6.2.1. Mitral Valve Replacement Devices
        • 6.2.2. Mitral Valve Repair Devices
      • 6.3. Market Analysis, Insights and Forecast – By End-user
        • 6.3.1. Hospitals
        • 6.3.2. Ambulatory Surgical Centers
        • 6.3.3. Others
      • 6.4. Market Analysis, Insights and Forecast – By Country
        • 6.4.1. U.S.
        • 6.4.2. Canada

      7. Europe Percutaneous Mitral Valve Repair Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Product terrain
        • 7.2.1. Mitral Valve Replacement Devices
        • 7.2.2. Mitral Valve Repair Devices
      • 7.3. Market Analysis, Insights and Forecast – By End-user
        • 7.3.1. Hospitals
        • 7.3.2. Ambulatory Surgical Centers
        • 7.3.3. Others
      • 7.4. Market Analysis, Insights and Forecast – By Country
        • 7.4.1. UK
        • 7.4.2. Germany
        • 7.4.3. France
        • 7.4.4. Italy
        • 7.4.5. Spain
        • 7.4.6. Russia
        • 7.4.7. Rest of Europe

      8. Asia Pacific Percutaneous Mitral Valve Repair Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Product terrain
        • 8.2.1. Mitral Valve Replacement Devices
        • 8.2.2. Mitral Valve Repair Devices
      • 8.3. Market Analysis, Insights and Forecast – By End-user
        • 8.3.1. Hospitals
        • 8.3.2. Ambulatory Surgical Centers
        • 8.3.3. Others
      • 8.4. Market Analysis, Insights and Forecast – By Country
        • 8.4.1. China
        • 8.4.2. India
        • 8.4.3. Japan
        • 8.4.4. Australia
        • 8.4.5. South East Asia
        • 8.4.6. Rest of Asia Pacific

      9. Latin America, Middle East, and Africa Percutaneous Mitral Valve Repair Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Product terrain
        • 9.2.1. Mitral Valve Replacement Devices
        • 9.2.2. Mitral Valve Repair Devices
      • 9.3. Market Analysis, Insights and Forecast – By End-user
        • 9.3.1. Hospitals
        • 9.3.2. Ambulatory Surgical Centers
        • 9.3.3. Others
      • 9.4. Market Analysis, Insights and Forecast – By Country
        • 9.4.1. Brazil
        • 9.4.2. Saudi Arabia
        • 9.4.3. UAE
        • 9.4.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. JenaValve Product terrain
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Medtronic
      • 10.6. St. Jude Medical
      • 10.7. Sorin Group
      • 10.8. Abbott Laboratories
      • 10.9. Accellent Inc.
      • 10.10. Admedes Schuessler GmbH
      • 10.11. AorTech International
      • 10.12. Arbor Surgical Technologies, Inc.
      • 10.13. AutoTissue GmbH
      • 10.14. Boston Scientific
      • 10.15. CryoLife
      • 10.16. Colibri Heart Valve
      • 10.17. Micro Interventional Devices

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      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model