Global Transcatheter Aortic Valve Replacement Market Growth, Share, Opportunities And Forecast By 2025 – PMR
In this report, PMR Information studies the present scenario with the base year being 2017 and the growth prospects of global Transcatheter Aortic Valve Replacement TAVR market for 20182023.
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 valves place. Normally valve replacement method requires an open heart procedure with a sternotomy, in which the chest is surgically separated for the treatment. The TAVR procedures can be done through very small openings that leave all the chest bones in place.
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The classification of Transcatheter Aortic Valve Replacement TAVR includes transfemoral approach, transapical approach and others. The proportion of transfemoral approach in 2016 is about 84%.
Transcatheter Aortic Valve Replacement TAVR is widely used for aortic stenosis, aortic regurgitation and other diseases. The most proportion of Transcatheter Aortic Valve Replacement TAVR is used for aortic regurgitation, and the proportion in 2016 is 75%.
Europe is the largest consumption place, with a consumption market share nearly 53% in 2016. Following Europe, North America is the second largest consumption place with the consumption market share of 40%.
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Market competition is not intense. Edwards Lifesciences, Medtronic, St. Jude Medical, Boston Scientific, Meril Life Sciences, etc. are the leaders of the industry, and they hold key technologies and patents, with highend customers; have been formed in the monopoly position in the industry.
Over the next five years, LPIPMR Information projects that Transcatheter Aortic Valve Replacement TAVR will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Transcatheter Aortic Valve Replacement TAVR market by product type, application, key companies and key regions.
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To calculate the market size, PMR Information considers value generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
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