Advancements in Medical and Healthcare Infrastructure to Support Global Transcatheter Mitral Valve Repair & Replacement (TMVR) Market


Published Date : Apr 10, 2018

ALBANY, New York, Apr 10, 2018: MarketResearchReports.biz has recently announced the addition of a new research report on the global market for transcatheter mitral valve repair and replacement (TMVR). The research study, titled “Global Transcatheter Mitral Valve Repair & Replacement (TMVR) Market: Industry Analysis & Outlook (2018-2022),” examines the past and the current performance of this market, highlighting the progress in each of the regional markets for transcatheter mitral valve repair and replacement solutions.

According to the research report, the global market for transcatheter mitral valve repair and replacement solutions is expected to gain substantially in the near future, thanks to the significant increase in the geriatric population, rise in obesity-related health issues, and the augmenting healthcare expenditure across the world. The advancements in medical and healthcare infrastructure in emerging economies is also projected to support the growth of this market in the years to come, states the market study.

This 76-page study offers a detailed assessment of the worldwide market for transcatheter mitral valve repair and replacement on the basis of the prominent trends, driving forces, obstacles, and future prospects. Broadly, it provides an assessment of the markets in Europe and the U.S. Europe is the key contributor to the global market and is backed by the constantly rising geriatric and obese population, easy accessibility to healthcare, and favorable reimbursement policies. The U.S. is also projected to witness a high growth rate in this market over the next few years, thanks to the technological advancements in TMVR devices. The increasing prevalence of heart diseases and the augmenting uptake of minimally invasive therapies in this country is also expected to support the growth here in the near future, notes the market study.

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The market report also offers a clear and in-depth evaluation of the competitive business landscape prevalent in the worldwide market for transcatheter mitral valve repair and replacement by reviewing the profiles of the leading enterprises functioning in this market. The key strategies and the future prospects of the prominent participants have been assessed here to gain an insight into the current hierarchy amongst them. LivaNova Plc, Edwards Lifesciences, Business Strategies, and Medtronic Plc. are some of the prime vendors of transcatheter mitral valve repair and replacement solutions across the world, notes the market study.

The prime objective of this research study is to offer a clear and deep insight into the global market for transcatheter mitral valve repair and replacement for a better understanding to enterprises, consultants, and various other stake holders operational in this market.

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