Transcatheter Aortic Valve Replacement (TAVR), also referred as Transcatheter Aortic Valve Implantation (TAVI) is a minimally invasive surgical procedure repairs the valve without removing the old, damaged valve. Instead, it wedges a replacement valve into the aortic valveÕs place. Normally valve replacement method requires an open heart procedure with a sternotomy, in which the chest is surgically separated for the treatment. Whereas, the TAVR procedures can be done through very small openings that leave all the chest bones in place.
Scope of the Report:This report studies the Transcatheter Aortic Valve Replacement market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Transcatheter Aortic Valve Replacement market by product type and applications/end industries.
Rising patient awareness about the benefits of minimally invasive procedures such as less traumatic surgical experience, reduced hospital stay and faster recovery would meet the patients demand. Factors such as increasing number of minimally invasive surgeries, growing patient awareness and increase in screening and detection of AAA would boost the demand for transcatheter aortic valve replacement. Moreover, technological advancement in surgical procedures would also significantly raise the demand of transcatheter aortic valve replacement procedures. The global population is aging and increasing, especially in developed countries such as the U.S., Europe and Japan. It is expected that the global aged population would rise from 11% (760 million) in 2011 to 22% (2 billion) by 2050. Aging induces the minimally invasive surgical procedures which necessitates in the growing of endovascular procedures. Therefore, the fact that the world is aging acts as a driver for the growth of transcatheter aortic valve replacement market. However, high cost is considered as a constraint for the development of this market to some extent during the study period. ÊÊ
North America dominates the global market for transcatheter aortic valve replacement and is expected to grow at a moderate rate during the forecast period. The growth of the market in North America would be primarily attributed to introduction of technologically advanced and innovative products in the market.Ê
The global Transcatheter Aortic Valve Replacement market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Transcatheter Aortic Valve Replacement.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Edwards Lifesciences
Medtronic
St. Jude Medical
Boston Scientific
Meril Life Sciences
Bracco (HLT)
JenaValve Technology
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Transfemoral Approach
Transapical Approach
Others
Market Segment by Applications, can be divided into Aortic Stenosis
Aortic Regurgitation
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
