Global Transcatheter Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Transcatheter Embolization and Occlusion Devices - Coils[Pushable coils and Detachable coils], - Non Coils.

By Application;

Cardiovascular, Oncology, Neurology, Urology and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn127071523 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Transcatheter Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Transcatheter Devices Market was valued at USD 15,568.96 million. The size of this market is expected to increase to USD 36,627.61 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.0%.

The global transcatheter devices market encompasses a broad array of minimally invasive technologies designed to treat cardiovascular diseases, particularly those affecting the heart valves and coronary arteries. This market includes transcatheter aortic valve replacement (TAVR) devices, transcatheter mitral valve repair (TMVR) devices, and transcatheter pulmonary and tricuspid valve repair devices. The growing prevalence of cardiovascular diseases, coupled with an aging population, has driven the demand for these advanced therapeutic solutions. Patients and healthcare providers increasingly favor transcatheter procedures due to their minimally invasive nature, which leads to shorter recovery times, reduced hospital stays, and lower complication rates compared to traditional open-heart surgeries.

Technological advancements play a crucial role in propelling the transcatheter devices market forward. Innovations such as improved catheter materials, enhanced imaging technologies, and the development of next-generation valve designs have significantly improved the safety and efficacy of transcatheter procedures. For instance, the evolution of delivery systems and imaging techniques has enabled more precise and accurate placement of valves and stents, reducing procedural risks and improving patient outcomes. Additionally, the rise of hybrid operating rooms equipped with advanced imaging capabilities supports the growing adoption of transcatheter procedures, allowing for real-time visualization and better procedural control.

Geographically, North America and Europe currently dominate the transcatheter devices market, driven by high healthcare expenditure, advanced healthcare infrastructure, and a strong focus on research and development. However, the Asia-Pacific region is poised for significant growth, fueled by increasing healthcare investments, a rising prevalence of cardiovascular diseases, and greater awareness of minimally invasive treatment options. Key players in the market, such as Medtronic, Edwards Lifesciences, and Abbott, are focusing on strategic collaborations, mergers, and acquisitions to expand their product portfolios and geographical reach. These efforts, coupled with ongoing technological innovations, are expected to further drive the global transcatheter devices market, offering new opportunities for improving patient care and treatment outcomes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Transcatheter Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing prevalence of cardiovascular diseases
        2. Aging global population
        3. Advancements in minimally invasive technologies
      2. Restraints
        1. High cost of transcatheter procedures and devices
        2. Stringent regulatory requirements
        3. Limited accessibility in developing regions
      3. Opportunities
        1. Expansion into emerging markets
        2. Development of next-generation transcatheter devices
        3. Integration of advanced imagin
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Transcatheter Devices Market, By Product Type, 2021 - 2031 (USD Million)
      1. Transcatheter Embolization and Occlusion Devices
        1. Coils
          1. Pushable coils
          2. Detachable coils
        2. Non Coils
    2. Global Transcatheter Devices Market, By Application, 2021 - 2031 (USD Million)
      1. Cardiovascular
      2. Oncology
      3. Neurology
      4. Urology
      5. Others
    3. Global Transcatheter Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic
      2. Edwards Lifesciences Corporation
      3. Abbott Laboratories
      4. Boston Scientific Corporation
      5. LivaNova PLC
      6. Terumo Corporation
      7. JenaValve Technology, Inc.
      8. Meril Life Sciences Pvt. Ltd.
      9. Braile Biomédica
      10. Micro Interventional Devices
  7. Analyst Views
  8. Future Outlook of the Market