Saturday, 23 September 2023 10:53 GMT

Transcatheter Aortic Valve Replacement (TAVR) Market 2023- 2029 To Surge In The Near Future With Rapid Revenue Growth Across Key Industries Are Edwards Lifesciences, Medtronic, Abbott, Boston Scientific

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The transcatheter aortic valve replacement (tavr) market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future roadmaps and strategies. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche Transcatheter Aortic Valve Replacement (TAVR) are aligned with your aims.

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro-overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Transcatheter Aortic Valve Replacement (TAVR) market covering all its essential aspects.

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Top Leading Companies of Global Transcatheter Aortic Valve Replacement (TAVR) Market are Edwards Lifesciences, Medtronic, Abbott, Boston Scientific, Meril Life Sciences, Venus Medtech, Bracco (HLT), JenaValve Technology, Suzhou Jiecheng Medical Technology Co., Peijia Medical

Industry News:

ABBOTT PARK, Ill., Jan. 17, 2023 - Abbott (NYSE: ABT ) announced that the U.S. Food and Drug Administration (FDA) has approved the company's latest-generation transcatheter aortic valve implantation (TAVI) system, NavitorTM, to treat people with severe aortic stenosis who are at high or extreme risk for open-heart surgery. The navitor tavi system is the latest addition to the company's comprehensive transcatheter structural heart portfolio that offers less invasive treatment options to physicians and patients for some of the most common and serious heart diseases.

NOV 29, 2022 - Medtronic's newest generation self-expanding, transcatheter aortic valve replacement (TAVR) system, EvolutTM FX, significantly improved commissure alignment during TAVR procedures compared to earlier generation Evolut systems. A late breaker presentation at PCR London Valves 2022 summarized the early limited market release experience with the Evolut FX system in 168 patients from six US centers. Additionally, these data were compared to 378 Evolut PRO+ patients from a single center.

transcatheter aortic valve replacement (tavr) market is forecast to reach $6.60 billion by 2028, growing at a CAGR of 13.40% during the forecast period 2022-2028

edwards lifesciences has now adjusted its growth forecast down to only mid-single digits, a far cry from the 10% – 18% of yesteryear. The TAVR market has seen growth of up to 40% in the last seven years, as it exploded onto the scene with expanded indications and improving clinician knowledge of when and how to use the procedure. However, as the market matures, the scope for growth is ever diminishing. It is expected that should these chilly headwinds continue to hamstring TAVR's growth, the US market may only reach a size of $4.7bn, as opposed to the heady $5.9bn that could have been expected if such events hadn't occurred.

Market Segmentation :

Based on Types,

Transfemoral Approach
Transapical Approach

Based on the Application,

Aortic Stenosis
Aortic Regurgitation

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2023-2029) of the following regions are covered

Japan is an exception among Asian countries, where the Japanese government covers the treatment cost. In the rest of the Asian countries, patients pay treatment costs out of pocket. There are also efforts being taken to develop and maintain the TAVR registry in the Asia Pacific region. The Japan Transcatheter Aortic Valve Replacement (TAVR) registry has the data of over 8,000 TAVR procedures conducted in Japan since 2013.

Germany accounted for the maximum number of the TAVI procedures in the whole Europe. In addition, supportive regulations for the TAVI devices in the country are projected to propel the market growth. The prevalence of symptomatic aortic stenosis is substantial in the UK and is expected to grow in future due to the growth in the number of high-risk aortic stenosis patients in the country. This number is expected to increase due to changes in lifestyles of the people, which include unhealthy dietary habits, lack of physical activity, and smoking. In addition, favorable reimbursement scenario of the UK further propels the TAVI market.

Some of the key questions answered in this report

-What is the market size, share of the market?

-Who are the top market players operating in the Transcatheter Aortic Valve Replacement (TAVR) market?

-What are sales, revenue, and price analysis by regions of industries?

-What are the modes and strategic moves considered suitable for entering the global Transcatheter Aortic Valve Replacement (TAVR) market?

-What are the leading trends that are completely impacting the growth of the market?

-What were the pre-and post-business impacts of Covid-19 on the Transcatheter Aortic Valve Replacement (TAVR) Market?

Browse Full Report for TOC and Description:

Detailed TOC of Global Transcatheter Aortic Valve Replacement (TAVR) Market Insights and Forecast to 2028

Chapter 1 : Introduction, market driving force product Objective of Study and Research Scope the Transcatheter Aortic Valve Replacement (TAVR) market
Chapter 2 : Exclusive Summary – the basic information of the Transcatheter Aortic Valve Replacement (TAVR) Market.
Chapter 3 : Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Transcatheter Aortic Valve Replacement (TAVR)
Chapter 4 : Presenting the Transcatheter Aortic Valve Replacement (TAVR) Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5 : Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6 : Evaluating the leading manufacturers of the Transcatheter Aortic Valve Replacement (TAVR) market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7 : To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)
Chapter 8 & 9 : Displaying the Appendix, Methodology and Data Source

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-It helps in understanding the key product segments and their future

-It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

-It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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Final Report will add the analysis of the impact of COVID-19 on this industry; Buy now@

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