The global market for Transcatheter Heart Valve Replacement and Repair was estimated to be worth US$ 7898 million in 2024 and is forecast to a readjusted size of US$ 20985 million by 2031 with a CAGR of 15.2% during the forecast period 2025-2031.
The Transcatheter Heart Valve Replacement and Repair industry can be broken down into several segments, TAVR, TPVR and TMVR. Valvular heart diseases are associated with the person's advancing age, caused by the congenital defects or inefficiency of valves to function. Valve dysfunction results in restricting physical activities that leads to decline in quality of life and even death. Hence, due to these reasons many years have been spent on developing heart valve devices in order to repair and replace the damaged heart valves. Over the past few years innovation and recent technological advancements have resulted in manufacturing of transcatheter heart valve that are less risky and need minimally invasive surgical procedure. Increase in number of people with valvular heart disease and rise in demand for minimally invasive surgical procedure will augment the growth of transcatheter heart valve replacement industry in the near future.
The transcatheter heart valve replacement and repair market is primarily propelled by the growing global prevalence of cardiovascular diseases-especially among aging populations in regions like North America and Europe-which has led to a surge in valvular conditions such as aortic stenosis and mitral regurgitation. Patients and healthcare providers increasingly favor these procedures due to their minimally invasive nature, resulting in shorter hospital stays, faster recovery, and fewer complications compared to traditional open-heart surgery . Technological advancements-including improved imaging, self-expanding valve systems, and enhanced delivery mechanisms-are further boosting procedural success rates and enabling broader application, even among intermediate and low-risk patient groups.
Despite strong momentum, the market faces significant barriers. High costs-encompassing the devices, imaging systems, and specialized procedural environments-limit adoption, particularly in price-sensitive and emerging markets. Additionally, the procedures demand highly trained specialists, and the learning curve remains steep, which can impede adoption in hospitals lacking expert personnel . Moreover, stringent regulatory processes and inconsistent reimbursement frameworks across regions can delay product approvals and create variability in access. Clinical risks such as paravalvular leaks, strokes, vascular complications, and questions over long-term valve durability also constrain uptake and demand ongoing innovation.
This report aims to provide a comprehensive presentation of the global market for Transcatheter Heart Valve Replacement and Repair, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Transcatheter Heart Valve Replacement and Repair by region & country, by Type, and by Application.
The Transcatheter Heart Valve Replacement and Repair market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Transcatheter Heart Valve Replacement and Repair.
Market Segmentation
By Company
- Edwards Lifesciences
- Medtronic
- Abbott
- Boston Scientific
- Venus Medtech
- Meril Life Sciences
- Braile Biomedica
- MicroPort Medical
- Niumai Medical
- Jiecheng Medical
Segment by Type
Segment by Application
- Hospitals
- Ambulatory Surgical Centers
- Cardiac Catheterization Laboratory
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Transcatheter Heart Valve Replacement and Repair company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Transcatheter Heart Valve Replacement and Repair in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Transcatheter Heart Valve Replacement and Repair in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Transcatheter Heart Valve Replacement and Repair Product Introduction
- 1.2 Global Transcatheter Heart Valve Replacement and Repair Market Size Forecast (2020-2031)
- 1.3 Transcatheter Heart Valve Replacement and Repair Market Trends & Drivers
- 1.3.1 Transcatheter Heart Valve Replacement and Repair Industry Trends
- 1.3.2 Transcatheter Heart Valve Replacement and Repair Market Drivers & Opportunity
- 1.3.3 Transcatheter Heart Valve Replacement and Repair Market Challenges
- 1.3.4 Transcatheter Heart Valve Replacement and Repair Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Transcatheter Heart Valve Replacement and Repair Players Revenue Ranking (2024)
- 2.2 Global Transcatheter Heart Valve Replacement and Repair Revenue by Company (2020-2025)
- 2.3 Key Companies Transcatheter Heart Valve Replacement and Repair Manufacturing Base Distribution and Headquarters
- 2.4 Key Companies Transcatheter Heart Valve Replacement and Repair Product Offered
- 2.5 Key Companies Time to Begin Mass Production of Transcatheter Heart Valve Replacement and Repair
- 2.6 Transcatheter Heart Valve Replacement and Repair Market Competitive Analysis
- 2.6.1 Transcatheter Heart Valve Replacement and Repair Market Concentration Rate (2020-2025)
- 2.6.2 Global 5 and 10 Largest Companies by Transcatheter Heart Valve Replacement and Repair Revenue in 2024
- 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Transcatheter Heart Valve Replacement and Repair as of 2024)
- 2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 TAVR
- 3.1.2 TPVR
- 3.1.3 TMVR
- 3.2 Global Transcatheter Heart Valve Replacement and Repair Sales Value by Type
- 3.2.1 Global Transcatheter Heart Valve Replacement and Repair Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Transcatheter Heart Valve Replacement and Repair Sales Value, by Type (2020-2031)
- 3.2.3 Global Transcatheter Heart Valve Replacement and Repair Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Hospitals
- 4.1.2 Ambulatory Surgical Centers
- 4.1.3 Cardiac Catheterization Laboratory
- 4.2 Global Transcatheter Heart Valve Replacement and Repair Sales Value by Application
- 4.2.1 Global Transcatheter Heart Valve Replacement and Repair Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Transcatheter Heart Valve Replacement and Repair Sales Value, by Application (2020-2031)
- 4.2.3 Global Transcatheter Heart Valve Replacement and Repair Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
- 5.1 Global Transcatheter Heart Valve Replacement and Repair Sales Value by Region
- 5.1.1 Global Transcatheter Heart Valve Replacement and Repair Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Transcatheter Heart Valve Replacement and Repair Sales Value by Region (2020-2025)
- 5.1.3 Global Transcatheter Heart Valve Replacement and Repair Sales Value by Region (2026-2031)
- 5.1.4 Global Transcatheter Heart Valve Replacement and Repair Sales Value by Region (%), (2020-2031)
- 5.2 North America
- 5.2.1 North America Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 5.2.2 North America Transcatheter Heart Valve Replacement and Repair Sales Value by Country (%), 2024 VS 2031
- 5.3 Europe
- 5.3.1 Europe Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 5.3.2 Europe Transcatheter Heart Valve Replacement and Repair Sales Value by Country (%), 2024 VS 2031
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 5.4.2 Asia Pacific Transcatheter Heart Valve Replacement and Repair Sales Value by Region (%), 2024 VS 2031
- 5.5 South America
- 5.5.1 South America Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 5.5.2 South America Transcatheter Heart Valve Replacement and Repair Sales Value by Country (%), 2024 VS 2031
- 5.6 Middle East & Africa
- 5.6.1 Middle East & Africa Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 5.6.2 Middle East & Africa Transcatheter Heart Valve Replacement and Repair Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Transcatheter Heart Valve Replacement and Repair Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 6.3 United States
- 6.3.1 United States Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 6.3.2 United States Transcatheter Heart Valve Replacement and Repair Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Transcatheter Heart Valve Replacement and Repair Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 6.4.2 Europe Transcatheter Heart Valve Replacement and Repair Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Transcatheter Heart Valve Replacement and Repair Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 6.5.2 China Transcatheter Heart Valve Replacement and Repair Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Transcatheter Heart Valve Replacement and Repair Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 6.6.2 Japan Transcatheter Heart Valve Replacement and Repair Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Transcatheter Heart Valve Replacement and Repair Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 6.7.2 South Korea Transcatheter Heart Valve Replacement and Repair Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Transcatheter Heart Valve Replacement and Repair Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 6.8.2 Southeast Asia Transcatheter Heart Valve Replacement and Repair Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Transcatheter Heart Valve Replacement and Repair Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Transcatheter Heart Valve Replacement and Repair Sales Value, 2020-2031
- 6.9.2 India Transcatheter Heart Valve Replacement and Repair Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Transcatheter Heart Valve Replacement and Repair Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Edwards Lifesciences
- 7.1.1 Edwards Lifesciences Profile
- 7.1.2 Edwards Lifesciences Main Business
- 7.1.3 Edwards Lifesciences Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.1.4 Edwards Lifesciences Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.1.5 Edwards Lifesciences Recent Developments
- 7.2 Medtronic
- 7.2.1 Medtronic Profile
- 7.2.2 Medtronic Main Business
- 7.2.3 Medtronic Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.2.4 Medtronic Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.2.5 Medtronic Recent Developments
- 7.3 Abbott
- 7.3.1 Abbott Profile
- 7.3.2 Abbott Main Business
- 7.3.3 Abbott Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.3.4 Abbott Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.3.5 Abbott Recent Developments
- 7.4 Boston Scientific
- 7.4.1 Boston Scientific Profile
- 7.4.2 Boston Scientific Main Business
- 7.4.3 Boston Scientific Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.4.4 Boston Scientific Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.4.5 Boston Scientific Recent Developments
- 7.5 Venus Medtech
- 7.5.1 Venus Medtech Profile
- 7.5.2 Venus Medtech Main Business
- 7.5.3 Venus Medtech Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.5.4 Venus Medtech Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.5.5 Venus Medtech Recent Developments
- 7.6 Meril Life Sciences
- 7.6.1 Meril Life Sciences Profile
- 7.6.2 Meril Life Sciences Main Business
- 7.6.3 Meril Life Sciences Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.6.4 Meril Life Sciences Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.6.5 Meril Life Sciences Recent Developments
- 7.7 Braile Biomedica
- 7.7.1 Braile Biomedica Profile
- 7.7.2 Braile Biomedica Main Business
- 7.7.3 Braile Biomedica Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.7.4 Braile Biomedica Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.7.5 Braile Biomedica Recent Developments
- 7.8 MicroPort Medical
- 7.8.1 MicroPort Medical Profile
- 7.8.2 MicroPort Medical Main Business
- 7.8.3 MicroPort Medical Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.8.4 MicroPort Medical Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.8.5 MicroPort Medical Recent Developments
- 7.9 Niumai Medical
- 7.9.1 Niumai Medical Profile
- 7.9.2 Niumai Medical Main Business
- 7.9.3 Niumai Medical Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.9.4 Niumai Medical Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.9.5 Niumai Medical Recent Developments
- 7.10 Jiecheng Medical
- 7.10.1 Jiecheng Medical Profile
- 7.10.2 Jiecheng Medical Main Business
- 7.10.3 Jiecheng Medical Transcatheter Heart Valve Replacement and Repair Products, Services and Solutions
- 7.10.4 Jiecheng Medical Transcatheter Heart Valve Replacement and Repair Revenue (US$ Million) & (2020-2025)
- 7.10.5 Jiecheng Medical Recent Developments
8 Industry Chain Analysis
- 8.1 Transcatheter Heart Valve Replacement and Repair Industrial Chain
- 8.2 Transcatheter Heart Valve Replacement and Repair Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Transcatheter Heart Valve Replacement and Repair Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Transcatheter Heart Valve Replacement and Repair Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer