US transcatheter tricuspid valve repair market grows by over 50% since launch in Q2 2024 [Yahoo! Finance]
Abbott Laboratories (ABT)
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Source: Yahoo! Finance
surgery that is used to treat tricuspid regurgitation, a condition where the tricuspid valve does not close properly. TTVR offers an alternative to open-heart surgery, making it beneficial for those who are high-risk for the usual procedure. Following its launch in the second quarter (Q2) of 2024, the TTVR market has witnessed significant growth of 56% in the US in the third quarter, reveals GlobalData, a leading data and analytics company. According to GlobalData's US Healthcare Facility Invoicing Database, the TTVR market has grown from accounting for just over 2% of total US transcatheter heart valve revenue in Q2 2024 to close to 3.5% by Q3 2024. The US transcatheter heart valve market, and specifically the transcatheter aortic valve replacement segment, is one that has been well-researched and is well-known. The growth that has been seen in the TTVR space over the past two quarters has been remarkable. Currently, there are two major players with US Food and Drug Administrat
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