The global tricuspid valve repair market is expected to grow at a CAGR of 9.33% from 2020 to reach USD 180.75 million by 2030. The growth is primarily attributed to technological advancements, rising geriatric population, prevalence of valvular cardiac defects, strengthening of computational tools to regulate pressure changes, rising demand for minimally invasive heart surgeries, risks associated with open heart surgeries and unavailability of medical devices for treating tricuspid valves. However, high risk of complications in tricuspid valve surgeries and lack of efficient healthcare infrastructure can pose significant challenge to the growth of this market.
By Product Type: Replacement segment dominated Tricuspid Valve Repair Market in 2020
On the basis of product type, tricuspid valve repair market is segmented into replacement and repair. The replacement segment accounted for the largest share of tricuspid valve repair market. The largest share of this segment is mainly due to increasing number of valve replacement surgeries, favourable reimbursement scenarios, technological advancements and rising prevalence of valve diseases.
By End User: Hospitals held largest market share of Tricuspid Valve Repair Market
Based on end user, tricuspid valve repair market is segregated into hospitals, ambulatory surgical centers and cardiac catheterization laboratories. Hospitals accounted for largest market share in 2020. Factors such as presence of technologically advanced medical devices, highly qualified professionals and rising number of hospitals are responsible to drive the growth of this market segment.
By Region: Asia-Pacific fastest growing region while North America to maintain lead
In 2020, North America accounted for the largest share of tricuspid valve repair market. The largest share of this regional segment is mainly due to rampant adoption of tricuspid valve repair surgeries, rising obese population, prevalence of lifestyle disorders and technological advancements. On the other hand, Asia-pacific is expected to grow at highest rate. The high growth of this regional market segment can be attributed to rising geriatric population, improving healthcare infrastructure, government initiatives and rapid adoption of tissue valves.
Competitive Scenario
Some of the key players in Tricuspid Valve Repair Market are
Abbott Technologies Inc.
Medtronic Plc
Edwards Lifescience Corporation
Livanova
and others.
Impact of COVID-19 on Tricuspid Valve Repair Market
The Tricuspid Valve Repair Market witnessed a decline in the growth due to COVID-19 pandemic as more emphasis was put on covid infection and hospitals were unavailable for other patients. The surgeries were postponed and patients were advised not to visit infected areas. However, the growth was expected to quickly rebound by first half of 2021. Any appearances of concerning mutants of COVID-19 can halt the growth of this market but is expected to quickly rebound to pre-COVID levels.
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1. Global Tricuspid Valve Repair Market – Report Overview
1.1. Scope Of The Report
1.2. Market Segment Analysis
1.3. Regulatory Scenario By Region/Country
1.4. Market Investment Scenario Strategic
1.5. Market Analysis By Type
1.5.1 Global Tricuspid Valve Repair Market Value Share And Forecast, By Type, (2019 To 2030)
1.5.2 Tricuspid Atresia Repair
1.5.3 Tricuspid Regurgitation Repair
1.5.4 Tricuspid Valve Depression Deformity Repair
1.5.5 Others
1.6. Market Analysis By End-User
1.6.1 Global Tricuspid Valve Repair Market Analysis By End-User
1.6.2 Hospital
1.6.3 Cardiac Catheterization Laboratories
1.6.4 Ambulatory Surgical Centers
1.7. Tenders Scenarios By Regions
1.8. Tricuspid Valve Repair Development Trends Under Covid-19 Outbreak
1.8.1 Global Covid-19 Status Overview
2. Research Methodology
2.1. Methodology
2.2. Research Data Source
2.2.1 Secondary Data
2.2.2 Key Data From Secondary
2.2.3 Primary Data
2.2.4 Key Data From Primary
2.2.5 Industry Insight From Professional Leaders
2.2.6 Market Size Estimation
2.2.7 Market Size Estimation: Top-Down And Bottom-Up Approach
3. Executive Summary
3.1. Global Tricuspid Valve Repair Market – Market Snapshot & Key Buying Criteria, 2020-2030 (Usd Million)
4. Global Growth Trends
4.1. Industry Trends
4.1.1 Swot Analysis
4.1.1.1 Strengths
4.1.1.2 Weaknesses
4.1.1.3 Opportunities
4.1.1.4 Threats
4.1.2 Pestel Analysis
4.1.2.1 Political Landscape
4.1.2.2 Economic Landscape
4.1.2.3 Social Landscape
4.1.2.4 Technological Landscape
4.1.2.5 Environmental Landscape
4.1.2.6 Legal Landscape
4.1.3 Porter’S Five Forces Analysis
4.1.3.1 Bargaining Power Of Suppliers
4.1.3.2 Bargaining Power Of Buyers
4.1.3.3 Threat Of Substitute
4.1.3.4 Threat Of New Entrant
4.1.3.5 Competitive Rivalry
4.2. Potential Market And Growth Potential Analysis
4.3. Industry Trends Under Covid-19
5. Driver Restraint Opportunity And Challenges Of Tricuspid Valve Repair Market
5.1. Driver, Restraint, Challenge And Opportunity Analysis
5.2. Market Driver Analysis
5.2.1 Growth In Incidence Of Cardiac Diseases
5.2.2 Large Pool Of Geriatric Population
5.3. Market Restraint Analysis
5.3.1 Increasing Barriers In R&D Activities To Restrict Market Growth
5.4. Market Opportunity
5.4.1 Augmented Spending In Research And Development
5.5. Market Challenges
5.5.1 Stringent Government Regulations
5.5.2 Labor Cost Of Tricuspid Valve Repair
5.5.2.1 Labor Cost Of Tricuspid Valve Repair Under Covid-19
6. Companies Analysis
6.1. Players Covered: Ranking By Tricuspid Valve Repair Revenue
7. Global Tricuspid Valve Repair Market Forecast, 2019-2030, (Usd Million)
7.1. Global Tricuspid Valve Repair Size And Market Share
8. Global Tricuspid Valve Repair Size And Market Share By Type (2019-2030), (Usd Million)
8.1. Global Tricuspid Valve Repair Size And Market Share By Type (2019-2024)
8.2. Global Tricuspid Valve Repair Size And Market Share By Type (2025-2030)
9. Market Analysis By End-User, (Usd Million)
9.1. Global Tricuspid Valve Repair Size And Market Share By End-User (2019-2024)
9.2. Global Tricuspid Valve Repair Size And Market Share By End-User (2025-2030)
10. Global Tricuspid Valve Repair Size And Market Share By Region (2019-2030)
10.1. Global Tricuspid Valve Repair Size And Market Share By Region (2019-2024)
10.2. Global Tricuspid Valve Repair Size And Market Share By Region (2025-2030)
11. North America Tricuspid Valve Repair Size And Market Share (2019-2030), (Usd Million)
11.1. North America Tricuspid Valve Repair Size And Market Share By Country (2019-2024)
11.2. North America Tricuspid Valve Repair Size And Market Share By Country (2025-2030)
11.3. North America Tricuspid Valve Repair Size And Market Share By Type (2019-2024)
11.4. North America Tricuspid Valve Repair Size And Market Share By Type (2025-2030)
11.5. North America Tricuspid Valve Repair Size And Market Share By End-User (2019-2024)
11.6. North America Tricuspid Valve Repair Size And Market Share By End-User (2025-2030)
12. Europe Tricuspid Valve Repair Size And Market Share (2019-2030), (Usd Million)
12.1. Europe Tricuspid Valve Repair Size And Market Share By Country (2019-2024)
12.2. Europe Tricuspid Valve Repair Size And Market Share By Country (2025-2030)
12.3. Europe Tricuspid Valve Repair Size And Market Share By Type (2019-2024)
12.4. Europe Tricuspid Valve Repair Size And Market Share By Type (2025-2030)
12.5. Europe Tricuspid Valve Repair Size And Market Share By End-User (2019-2024)
12.6. Europe Tricuspid Valve Repair Size And Market Share By End-User (2025-2030)
13. Asia Pacific Tricuspid Valve Repair Size And Market Share (2019-2030), (Usd Million)
13.1. Asia Pacific Tricuspid Valve Repair Size And Market Share By Country (2019-2024)
13.2. Asia Pacific Tricuspid Valve Repair Size And Market Share By Country (2025-2030)
13.3. Asia Pacific Tricuspid Valve Repair Size And Market Share By Type (2019-2024)
13.4. Asia Pacific Tricuspid Valve Repair Size And Market Share By Type (2025-2030)
13.5. Asia Pacific Tricuspid Valve Repair Size And Market Share By End-User (2019-2024)
13.6. Asia Pacific Tricuspid Valve Repair Size And Market Share By End-User (2025-2030)
14. Latin America Tricuspid Valve Repair Size And Market Share (2019-2030), (Usd Million)
14.1. Latin America Tricuspid Valve Repair Size And Market Share By Country (2019-2024)
14.2. Latin America Tricuspid Valve Repair Size And Market Share By Country (2025-2030)
14.3. Latin America Tricuspid Valve Repair Size And Market Share By Type (2019-2024)
14.4. Latin America Tricuspid Valve Repair Size And Market Share By Type (2025-2030)
14.5. Latin America Tricuspid Valve Repair Size And Market Share By End-User (2019-2024)
14.6. Latin America Tricuspid Valve Repair Size And Market Share By End-User (2025-2030)
15. Middle East & Africa Tricuspid Valve Repair Size And Market Share (2019-2030), (Usd Million)
15.1. Middle East & Africa Tricuspid Valve Repair Size And Market Share By Country (2019-2024)
15.2. Middle East & Africa Tricuspid Valve Repair Size And Market Share By Country (2025-2030)
15.3. Middle East & Africa Tricuspid Valve Repair Size And Market Share By Type (2019-2024)
15.4. Middle East & Africa Tricuspid Valve Repair Size And Market Share By Type (2025-2030)
15.5. Middle East And Africa Tricuspid Valve Repair Size And Market Share By End-User (2019-2024)
15.6. Middle East And Africa Tricuspid Valve Repair Size And Market Share By End-User (2025-2030)
16. Company Profile
16.1. Abbott Technologies Inc.
16.1.1 Company Details
16.1.2 Financials (Usd Millions)
16.1.3 Product Summary
16.1.4 Recent Developments
16.2. Medtronic Plc.
16.2.1 Company Details
16.2.2 Financials (Usd Millions)
16.2.3 Product Summary
16.2.4 Recent Developments
16.3. Edwards Lifescience Corporation
16.3.1 Company Details
16.3.2 Financials (Usd Millions)
16.3.3 Product Summary
16.4. Livanova
16.4.1 Company Details
16.4.2 Financials (Usd Millions)
16.4.3 Product Summary
16.4.4 Recent Developments
17. Market Entropy
17.1. Global Tricuspid Valve Repair Manufacturing Base Distribution, Sales Area, Product Technology
17.2. Mergers & Acquisitions, Partnerships, Type Launch, And Collaboration In Global Tricuspid Valve Repair Market
18. Conclusion
18.1. Research Scope
19. Disclaimer
20. Reference Link
List Of Tables
Table 1. Global Tricuspid Valve Repair Market Size Growth Rate By Type, Usd Million (2021- 2030)
Table 2. Global Tricuspid Valve Repair Market Size Growth Rate By End-User, Usd Million (2021-2030)
Table 3. Global Tricuspid Valve Repair Market – Market Snapshot & Key Buying Criteria, 2023 - 2030
Table 4. Company’S Rank By Tricuspid Valve Repair Revenue
Table 5. Global Tricuspid Valve Repair Market Size, (Usd Million) (2019-2024)
Table 6. Global Tricuspid Valve Repair Market Size, (Usd Million) (2025-2030)
Table 7. Global Tricuspid Valve Repair Market Size By Type, Usd Million (2019-2024)
Table 8. Global Tricuspid Valve Repair Market Share By Type, (2019-2024)
Table 9. Global Tricuspid Valve Repair Market Size By Type, Usd Million (2025-2030)
Table 10. Global Tricuspid Valve Repair Market Share By Type, (2025-2030)
Table 11. Global Tricuspid Valve Repair Market Size By End-User, Usd Million (2019-2024)
Table 12. Global Tricuspid Valve Repair Market Share By End-User, (2019-2024)
Table 13. Global Tricuspid Valve Repair Market Size By End-User, Usd Million (2025-2030)
Table 14. Global Tricuspid Valve Repair Market Share By End-User, (2025-2030)
Table 15. Global Tricuspid Valve Repair Market Size By Region, Usd Million (2019-2024)
Table 16. Global Tricuspid Valve Repair Market Share By Region, (2019-2024)
Table 17. Global Tricuspid Valve Repair Market Size By Region, Usd Million (2025-2030)
Table 18. Global Tricuspid Valve Repair Market Share By Region, (2025-2030)
Table 19. North America Tricuspid Valve Repair Market Size By Country, (2019-2024)
Table 20. North America Tricuspid Valve Repair Market Share By Country, (2019-2024)
Table 21. North America Tricuspid Valve Repair Market Size By Country, (2025-2030)
Table 22. North America Tricuspid Valve Repair Market Share By Country, (2025-2030)
Table 23. North America Tricuspid Valve Repair Market Size By Type, (2019-2024)
Table 24. North America Tricuspid Valve Repair Market Share By Type, (2019-2024)
Table 25. North America Tricuspid Valve Repair Market Size By Type, (2025-2030)
Table 26. North America Tricuspid Valve Repair Market Share By Type, (2025-2030)
Table 27. North America Tricuspid Valve Repair Market Size By End-User, (2019-2024)
Table 28. North America Tricuspid Valve Repair Market Share By End-User, (2019-2024)
Table 29. North America Tricuspid Valve Repair Market Size By End-User, (2025-2030)
Table 30. North America Tricuspid Valve Repair Market Share By End-User, (2025-2030)
Table 31. Europe Tricuspid Valve Repair Market Size By Country, (2019-2024)
Table 32. Europe Tricuspid Valve Repair Market Share By Country, (2019-2024)
Table 33. Europe Tricuspid Valve Repair Market Size By Country, (2025-2030)
Table 34. Europe Tricuspid Valve Repair Market Share By Country, (2025-2030)
Table 35. Europe Tricuspid Valve Repair Market Size By Type, (2019-2024)
Table 36. Europe Tricuspid Valve Repair Market Share By Type, (2019-2024)
Table 37. Europe Tricuspid Valve Repair Market Size By Type, (2025-2030)
Table 38. Europe Tricuspid Valve Repair Market Share By Type, (2025-2030)
Table 39. Europe Tricuspid Valve Repair Market Size By End-User, (2019-2024)
Table 40. Europe Tricuspid Valve Repair Market Share By End-User, (2019-2024)
Table 41. Europe Tricuspid Valve Repair Market Size By End-User, (2025-2030)
Table 42. Europe Tricuspid Valve Repair Market Share By End-User, (2025-2030)
Table 43. Asia Pacific Tricuspid Valve Repair Market Size By Country, (2019-2024)
Table 44. Asia Pacific Tricuspid Valve Repair Market Share By Country, (2019-2024)
Table 45. Asia Pacific Tricuspid Valve Repair Market Size By Country, (2025-2030)
Table 46. Asia Pacific Tricuspid Valve Repair Market Share By Country, (2025-2030)
Table 47. Asia Pacific Tricuspid Valve Repair Market Size By Type, (2019-2024)
Table 48. Asia Pacific Tricuspid Valve Repair Market Share By Type, (2019-2024)
Table 49. Asia Pacific Tricuspid Valve Repair Market Size By Type, (2025-2030)
Table 50. Asia Pacific Tricuspid Valve Repair Market Share By Type, (2025-2030)
Table 51. Asia Pacific Tricuspid Valve Repair Market Size By End-User, (2019-2024)
Table 52. Asia Pacific Tricuspid Valve Repair Market Share By End-User, (2019-2024)
Table 53. Asia Pacific Tricuspid Valve Repair Market Size By End-User, (2025-2030)
Table 54. Asia Pacific Tricuspid Valve Repair Market Share By End-User, (2025-2030)
Table 55. Latin America Tricuspid Valve Repair Market Size By Country, (2019-2024)
Table 56. Latin America Tricuspid Valve Repair Market Share By Country, (2019-2024)
Table 57. Latin America Tricuspid Valve Repair Market Size By Country, (2025-2030)
Table 58. Latin America Tricuspid Valve Repair Market Share By Country, (2025-2030)
Table 59. Latin America Tricuspid Valve Repair Market Size By Type, (2019-2024)
Table 60. Latin America Tricuspid Valve Repair Market Share By Type, (2019-2024)
Table 61. Latin America Tricuspid Valve Repair Market Size By Type, (2025-2030)
Table 62. Latin America Tricuspid Valve Repair Market Share By Type, (2025-2030)
Table 63. Latin America Tricuspid Valve Repair Market Size By End-User, (2019-2024)
Table 64. Latin America Tricuspid Valve Repair Market Share By End-User, (2019-2024)
Table 65. Latin America Tricuspid Valve Repair Market Size By End-User, (2025-2030)
Table 66. Latin America Tricuspid Valve Repair Market Share By End-User, (2025-2030)
Table 67. Middle East & Africa Tricuspid Valve Repair Market Size By Country, (2019-2024)
Table 68. Middle East & Africa Tricuspid Valve Repair Market Share By Country, (2019-2024)
Table 69. Middle East & Africa Tricuspid Valve Repair Market Size By Country, (2025-2030)
Table 70. Middle East & Africa Tricuspid Valve Repair Market Share By Country, (2025-2030)
Table 71. Middle East & Africa Tricuspid Valve Repair Market Size By Type, (2019-2024)
Table 72. Middle East & Africa Tricuspid Valve Repair Market Share By Type, (2019-2024)
Table 73. Middle East & Africa Tricuspid Valve Repair Market Size By Type, (2025-2030)
Table 74. Middle East & Africa Tricuspid Valve Repair Market Share By Type, (2025-2030)
Table 75. Middle East And Africa Tricuspid Valve Repair Market Size By End-User, (2019-2024)
Table 76. Middle East And Africa Tricuspid Valve Repair Market Share By End-User, (2019-2024)
Table 77. Middle East And Africa Tricuspid Valve Repair Market Size By End-User, (2025-2030)
Table 78. Middle East And Africa Tricuspid Valve Repair Market Share By End-User, (2025-2030)
Table 79. Global Tricuspid Valve Repair Manufacturing Base Distribution, Sales Area, Product Technology
Table 80. Mergers & Acquisitions, Partnerships, Type Launch, And Collaboration In Global Tricuspid Valve Repair Market
