Transcatheter Aortic Valve Replacement Market Trend, Revenue & Regional Analysis 2018 – 2026 by Top Players
Transcatheter Aortic Valve Replacement (TAVR), known as transcatheter aortic valve implantation (TAVI) the surgical procedure for heart disease wherein transcatheter heart valve is used to replace the damaged as well as old heart valve. Transcatheter heart valve implantation is a minimally invasive process that helps in substituting the damaged heart valve with a prosthetic valve for treatment of mitral regurgitation and unembellished aortic stenosis. Transcatheter aortic valve replacement procedure that helps to diminish severe degenerative aortic stenosis and increases the survival rate of patients.
Transcatheter Aortic Valve Replacement Market is anticipated to reach USD 8,241.4 Million by 2025 according to a new study published by Polaris Market Research.
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Transcatheter Aortic Valve Replacement Market is driven by factors such as growing number of the patient pool with cardiovascular ailments such as coronary artery diseases, heart failures, and hypertension. According to World Health Organization (WHO), the number of people suffering cardiovascular disorders will surge to 22.2 million by 2030 globally. Moreover, rising implementation of minimally intrusive processes over traditional surgical open-heart procedures, reduction in hospital stays, low risk of infection, minimal blood loss is further propelling the market. Moreover, increase in occurrence of aortic stenosis disorders coupled with rise in elderly population, evolution in implementation rate of transcatheter aortic valve implantation procedure owing to high demand for minimally invasive procedures, an increase in medical and clinical indication of safety & efficacy and new products approvals are other factors propelling the global Transcatheter Aortic Valve Replacement (TAVR) Market growth.
Some of the major key players operating in Transcatheter Aortic Valve Replacement Market are: -
- Boston Scientific Corporation
- Direct Flow medical Inc.
- Edwards Lifesciences Corporation
- HLT Inc.
- JenaValve Technology Inc.
- Medtronic plc
- Meril Life Sciences Pvt. Ltd.
- Jude Medical Inc.
- SYMETIS SA
- Transcatheter Technologies GmbH
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Transcatheter Aortic Valve Replacement Market is segmented on the basis of surgical procedure and end user.
- On the basis of surgical procedure, Transcatheter Aortic Valve Replacement Market is categorized into Transfemoral (TF) Implantation, Transapical (TA) Implantation, and Transaortic Implantation. The market by the surgical procedure is dominated by Transfemoral (TF) Implantation majorly due to growing focus on tentative products by key players which are estimated to boost the market growth of market globally. Moreover, Transfemoral implantation is the standardized as well as consistent TAVR procedure, in which an artificial valve is inserted through the femoral blood vessel with the minimally invasive procedure and negligible anesthesia. Thus, the transferomal (TF) implantation segment accounted for the highest market share in 2017 and is anticipated to preserve the governance during the forecast period.
- Based on the end users, Transcatheter Aortic Valve Replacement Market is further categorized into hospitals, ambulatory surgical centers, and cardiac catheterization laboratory. The Hospital segment is expected to show the highest market growth over the forecast period. Growing patient pool and rising demand for efficient and effective surgical process with shorter recovery time and reduced hospital stay are the key factors driving the market shares for hospitals in market.
TOC of Transcatheter Aortic Valve Replacement Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 Transcatheter Aortic Valve Replacement Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!!!
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on Wednesday November 14 2018, 9:32 AM EST.
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