India’s TMVR market to grow 17% annually through 2036

The country represented 10% of the Asia-Pacific market in 2024.

India’s transcatheter mitral valve repair (TMVR) market is expected to rise at a compound annual growth rate of 17% until 2036, according to GlobalData.

In 2024, the country represented 10% of the Asia-Pacific TMVR market.

The sector’s expansion is attributed to rising disease prevalence, technological progress, demand for minimally invasive procedures, and improvements in healthcare infrastructure.

Moreover, advanced heart disease treatments are broadening the scope of care, said Shamreen Parween, Medical Devices Analyst at GlobalData.

“The shift from traditional open-heart surgery to minimally invasive treatments is revolutionising patient care, offering shorter recovery times and expanding access to individuals who may not be suitable candidates for conventional surgical procedures,” Parween added.