Asia Pacific Transcatheter Heart Valve Market Size & Outlook
Asia Pacific transcatheter heart valve market, 2018-2030 (US$M)
Asia Pacific transcatheter heart valve market highlights
- The Asia Pacific transcatheter heart valve market generated a revenue of USD 489.2 million in 2023.
- The market is expected to grow at a CAGR of 17% from 2024 to 2030.
- In terms of segment, transcatheter aortic valve was the largest revenue generating application in 2023.
- Transcatheter Aortic Valve is the most lucrative application segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 489.2 million |
| Market revenue in 2030 | USD 1,464.5 million |
| Growth rate | 17% (CAGR from 2023 to 2030) |
| Largest segment | Transcatheter aortic valve |
| Fastest growing segment | Transcatheter Aortic Valve |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transcatheter Aortic Valve |
| Key market players worldwide | Boston Scientific Corp, Bracco, Direct Flow Medical, Edwards Lifesciences Corp, ValveXchange, Symetis, JenaValve Technology, St. Jude Medical, Biomedical Braille |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 10.1% of the global transcatheter heart valve market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,464.5 million by 2030.
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Transcatheter Heart Valve Market Scope
Transcatheter Heart Valve Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific transcatheter heart valve market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to transcatheter heart valve market will help companies and investors design strategic landscapes.
Transcatheter aortic valve was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific transcatheter heart valve market based on transcatheter aortic valve covering the revenue growth of each sub-segment from 2018 to 2030.
Based report published by AHA for Asian and Pacific Islanders, over 17,000 people died from CVDs, about 8000 people died from CHD, and over 2500 people died from myocardial infarction.
The economic developments, growing disposable income, and increasing prevalence of overweight and diabetes are some of the factors that are expected to boost the transcatheter valve market over the forecast period.
The presence of hospital coding and reimbursement in few countries such as South Korea, China, Japan, and recently in India is also contributing in boosting the market in the coming years. On the basis of various reports, the countries in APAC region spend about 5.8% of GDP in healthcare sector.
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Our clientele includes a mix of transcatheter heart valve market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific transcatheter heart valve market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific transcatheter heart valve market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific transcatheter heart valve market
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