Transcatheter Market Size Forecasted to Grow at 16.64% CAGR, Reaching USD 9.23 billion by 2032

Transcatheter Market Growth Size was valued at USD 2.26 Billion in 2023. The Transcatheter market industry is projected to grow from USD 2.69 Billion in 2024

US, NY, UNITED STATES, March 12, 2025 /EINPresswire.com/ -- Transcatheter Market Growth Size was valued at USD 2.26 Billion in 2023. The Transcatheter market industry is projected to grow from USD 2.69 Billion in 2024 to USD 9.23 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 16.64% during the forecast period (2024 - 2032). Increased demand for TAVI procedures and growing geriatric populations are the key market drivers expediting market’s expansion.

The transcatheter market is experiencing significant growth, driven by the rising prevalence of cardiovascular diseases, technological advancements, and an increasing preference for minimally invasive procedures. Transcatheter therapies, particularly transcatheter aortic valve replacement (TAVR), transcatheter mitral valve repair (TMVR), and transcatheter edge-to-edge repair (TEER), have revolutionized structural heart disease treatments by offering alternatives to traditional open-heart surgery.

Top Transcatheter Market Companies

Edwards Lifesciences Corporation

Meril Life Sciences Pvt. Ltd.

Braile Biomedica

Venus

Medtech

Boston Scientific Corporation

JenaValve Technology Inc.

Abbot Laboratories

Medtronic PLc

Bracco Diagnostics Inc.

Cook Medical Inc.

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Market CAGR for transcatheter is being driven by the rising population of elderly people and growing demand for minimal-invasive processes. Transcatheter aortic valve replacement is a minimally invasive technique that is in high demand due to the increased prevalence of aortic valve stenosis (AS), the growing percentage of elderly population, and the rising need for minimally invasive procedures in general.

In the United States, 92,000 TAVR valves were implanted in patients in 2021, according to Cardiovascular Business magazine. The pandemic had a prominent impact on the world's economy and healthcare system. Major producers of cardiovascular equipment experienced significant revenue losses since the pandemic reduced the number of medical operations overall and affected the supply chain for medical devices.

𝖨𝗇𝖽𝗎𝗌𝗍𝗋𝗒 𝖣𝖾𝗍𝖺𝗂𝗅𝖾𝖽 𝖲𝖾𝗀𝗆𝖾𝗇𝗍𝖺𝗍𝗂𝗈𝗇:

Transcatheter Market Segmentation

Transcatheter Type Outlook (USD Billion, 2018-2032)

Transapical approach

Transaortic approach

Transfemoral approach

Transcatheter End-user Outlook (USD Billion, 2018-2032)

Ambulatory surgical center

Cardiac catheterization laboratory

Hospital

Transcatheter Regional Outlook

North America

US

Canada

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia-Pacific

China

Japan

India

Australia

South Korea

Australia

Rest of Asia-Pacific

Rest of the World

Middle East

Africa

Latin America

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Key Benefits:

Market Growth and Opportunities – The transcatheter market is expected to witness significant growth, with projections extending through 2025-2032, offering opportunities for investors and stakeholders to capitalize on emerging trends.

Investment Insights – A deep-dive analysis of current and future market trends highlights lucrative investment pockets, enabling businesses to make informed strategic decisions.

Strategic Market Analysis – Incorporation of SWOT analysis and Porter's Five Forces model provides a comprehensive understanding of competitive dynamics, industry strengths, and potential challenges.

Advancements in Healthcare Strategies – The transcatheter market plays a vital role in improving population health by supporting minimally invasive procedures, reducing recovery times, and enhancing patient outcomes.

Technology and Workforce Development – Investments in advanced training equip healthcare professionals with the necessary skills to adopt new transcatheter technologies, ensuring seamless integration into medical practices.

Ethical and Regulatory Considerations – While the industry navigates challenges such as affordability, data privacy, and security, it also addresses ethical concerns related to emerging technologies, ensuring compliance with evolving healthcare regulations.

Enhanced Research Methodologies – The study utilizes triangulated data analysis, ensuring the reliability, validity, and generalizability of research findings, thus supporting data-driven decision-making.

Sustainability and Innovation – With a focus on inclusivity and sustainability, the transcatheter market is poised to enhance healthcare accessibility and drive innovations that improve global health outcomes.

𝖮𝗍𝗁𝖾𝗋 𝖫𝖺𝗍𝖾𝗌𝗍 𝖧𝖾𝖺𝗅𝗍𝗁𝖼𝖺𝗋𝖾 𝖳𝗋𝖾𝗇𝖽𝗂𝗇𝗀 𝖨𝗇𝗌𝗂𝗀𝗁𝗍𝗌

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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.

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