Advancements in the techniques of Transcatheter Mitral Valve Implantation, substantial prevalence of Mitral Regurgitation with favorable reimbursement scenarios are expected to fuel the market growth.
The current analysis of Emergen Research, the global Transcatheter Mitral Valve Implantation Market was valued at USD 1.82 billion in 2019 and is expected to reach USD 4.67 billion by 2027, at a CAGR of 14.4%. Rise frequency of mitral valve diseases, increasing pioneering pipeline devices together with rising elderly population with heart condition is positively driving the growth prospects of the Transcatheter Mitral Valve Implantation (repair and replacement) market in the forecast period.