TAVR Procedures Market Size Is Anticipated to Reach US$ 7.69 Billion by 2023
TAVR Procedures Market Size Is Anticipated to Reach US$ 7.69 Billion by 2023

The Transcatheter Aortic Valve Replacement Market was worth USD 2293.92 Million in 2016 and is projected to reach around USD 7698.32 Million by 2023. The Transcatheter Aortic Valve Replacement Market is estimated to grow at a CAGR of 18.6% during the forecast period 2017-2023. The North America region accounted for the largest market share of approximately 50% in 2016 and is expected to remain dominant through the forecast period. The Asia Pacific region is expected to grow at the highest CAGR of 22.1% during the forecast period.

The Report in light of Global Transcatheter Aortic Valve Replacement Market is the latest extension to the database of Infinium Global Research.  This exploration investigates in light of uses, advancement, geology, and sorts. The Report gives a clear Global Transcatheter Aortic Valve Replacement Market audit nearby the examination of the industry's gross edge, cost structure, usage esteem, and deal cost. The principle partnership of the Transcatheter Aortic Valve Replacement Market, makers, and dealers are profiled in the report close by the latest Industry change present and future examples. The report also deep dives into the sub-segments of Transcatheter Aortic Valve Replacement Market by type of treatment (transfemoral approach and transapical approach) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encourage the expansion of the Transcatheter Aortic Valve Replacement Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Transcatheter Aortic Valve Replacement Market are Edwards Lifesciences Corp., Boston Scientific Corp., Direct Flow Medical, Inc., Bracco SpA, JenaValve Technology, Inc., Medtronic plc, St. Jude Medical Inc., Meril Life Sciences Pvt. Ltd., Transcatheter Technologies GmbH and Others.

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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 valve's 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. There are two methods available for TAVR surgical procedure, which includes:

Entering through the femoral artery (the large artery in the groin), called the transfemoral approach, which does not require a surgical incision in the chest.

Minimally invasive surgical approach with a small incision in the chest and entering through a large artery in the chest or through the tip of the left ventricle (the apex), which is known as the transapical approach.

Major Key Players mentioned in this Premium Report 

The report provides profiles of the companies in the global transcatheter aortic valve replacement market such as, Edwards Lifesciences Corp., Boston Scientific Corp., Direct Flow medical, Inc., Bracco SpA, JenaValve Technology, Inc., Medtronic plc, St. Jude Medical Inc., Meril Life Sciences Pvt. Ltd., Transcatheter Technologies GmbH and Others.

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global transcatheter aortic valve replacement market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of transcatheter aortic valve replacement market.

Moreover, the study highlights current market trends and provides forecast from 2017-2023. We also have highlighted future trends in the transcatheter aortic valve replacement market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the transcatheter aortic valve replacement market to understand the present and future trends in this market and formulate their strategies accordingly.

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