Latin America Transcatheter Heart Valve Market Size & Outlook

The transcatheter heart valve market in Latin America is expected to reach a projected revenue of US$ 664.4 million by 2030. A compound annual growth rate of 16% is expected of Latin America transcatheter heart valve market from 2024 to 2030.
Revenue, 2023 (US$M)
$234.7
Forecast, 2030 (US$M)
$664.4
CAGR, 2024 - 2030
16%
Report Coverage
Latin America

Latin America transcatheter heart valve market, 2018-2030 (US$M)

Latin

Latin America transcatheter heart valve market highlights

  • The Latin America transcatheter heart valve market generated a revenue of USD 234.7 million in 2023.
  • The market is expected to grow at a CAGR of 16% 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.


Latin America data book summary

Market revenue in 2023USD 234.7 million
Market revenue in 2030USD 664.4 million
Growth rate16% (CAGR from 2023 to 2030)
Largest segmentTranscatheter aortic valve
Fastest growing segmentTranscatheter Aortic Valve
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTranscatheter Aortic Valve
Key market players worldwideBoston 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 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 segmentation & scope
Transcatheter Aortic Valve
Transcatheter Pulmonary Valve
Transcatheter Mitral Valve
Technology
Ballon Expanded Transcatheter Valve
Self Expanded Transcatheter Valve
Countries
U.S.
Canada
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Japan
China
India
Australia
South Korea
Thailand
Mexico
Brazil
South Africa
Saudi Arabia
UK
Argentina
Kuwait
UAE

Transcatheter Heart Valve Market Companies

Name Profile # Employees HQ Website

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 100% in 2023. Horizon Databook has segmented the Latin America transcatheter heart valve market based on transcatheter aortic 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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Target buyers of Latin America transcatheter heart valve market databook

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  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 heart valve market

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