Latin America Transcatheter Heart Valve Market Size & Outlook
Latin America transcatheter heart valve market, 2018-2030 (US$M)
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Latin America transcatheter heart valve market highlights
- The Latin America transcatheter heart valve market generated a revenue of USD 268.8 million in 2024.
- The market is expected to grow at a CAGR of 16.5% from 2025 to 2030.
- In terms of segment, transcatheter aortic valve was the largest revenue generating application in 2024.
- Transcatheter Mitral Valve is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 268.8 million |
| Market revenue in 2030 | USD 664.4 million |
| Growth rate | 16.5% (CAGR from 2025 to 2030) |
| Largest segment | Transcatheter aortic valve |
| Fastest growing segment | Transcatheter Mitral Valve |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transcatheter Aortic Valve, Transcatheter Pulmonary Valve, Transcatheter Mitral 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, Latin America region accounted for 4.9% of the global transcatheter heart valve market in 2024.
- 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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Latin America 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 94.27% in 2024. Horizon Databook has segmented the Latin America transcatheter heart valve market based on transcatheter aortic valve, transcatheter pulmonary valve, transcatheter mitral valve covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America has a poor socio-economic conditions and geographical differences hamper the growth of the healthcare industry across the region. It has very low penetration rate and also lack of awareness due to lack of education.
The short-term awareness campaigns and government initiatives are falling short to improve the market scenario. In Latin American, Brazil happens to hold the biggest market followed by Mexico which has a comparative better penetration rate.
The increasing prevalence of cardiovascular diseases in Latin American region due to overweight, physical inactivity, poor diet, tobacco smoking, high cholesterol and diabetes is also expected to drive the market in the coming years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America transcatheter heart valve market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America transcatheter heart valve market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America transcatheter valve market size, by country, 2018-2030 (US$M)
Latin America Transcatheter Heart Valve Market Outlook Share, 2024 & 2030 (US$M)
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