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Transcatheter Aortic Valve Replacement Is Estimated to Double in the Next Five Years Reaching a Value of 4.29 Billion

Transcatheter Aortic Valve Replacement (TAVR) Market is expected to reach USD 4.29 billion by 2021 according to report published by Market Data Forecast

Posted: Tuesday, January 09, 2018 at 9:00 AM CST

Hyderabad, India -- (SBWire) -- 01/09/2018 --The report " Transcatheter Aortic Valve Replacement (TAVR) Market by Surgery Method (Transfemoral Implantation, Transapical Implantation), Valve Leaflets Material (Bovine Heart Tissue, Cow Heart Tissue), Valve Frame Material (Nitinol, Stainless Steel), Valve Size (14mm to 18mm, 18mm to 22mm, & 22mm to 29mm), and End Users (Hospitals, Ambulatory Surgical Centres) - Global Market Analysis, Size, Geographic Regional Analysis, Competitive Strategies Analysis and Forecasts (2016 to 2021)".

The Transcatheter Aortic Valve Replacement (TAVR) Market is predicted to USD 4.29 billion by 2021 from an estimated USD 1.84 billion in 2016, growing at a CAGR of 18.50% during the forecast period 2016-2021. Transcatheter semilunar valve Replacement (TAVR)is also referred as Transcatheter semilunar valve Implantation (TAVI) may be a minimally invasive surgical treatment repairs the valve while not removing the previous, broken valve. Instead, it inserts a replacement valve into the arterial valve's place. Usually, valve replacement technique needs an associate open-heart procedure with a sternotomy, within which the chest is surgically separated for the treatment. Whereas, the TAVR procedures will be done through very little openings that leave all the chest bones in the place.

TAVR is in use for the treatment of semilunar valve disorders like severe stenosis, degeneration, & regurgitation. Transcatheter semilunar valve replacement devices incorporated with valve frame (made of nitinol or untarnished steel), valve leaflets material (made of bovine or cow heart tissue). These aortal valves which are available in varied sizes (such as 14mm, 16mm, 18mm, 20mm, 22mm, & 29mm).TAVR is performed throughout totally different surgerical ways such as transfemoral implantation (through the limb artery), transapical implantation (through the apex of the heart), transaortic implantation (through the highest of a right chest), and transcaval implantation (through the limbvein).

Browse through 180 Pages and in-depth TOC on " Transcatheter Aortic Valve Replacement (TAVR) Market by Surgery Method (Transfemoral Implantation, Transapical Implantation), Valve Frame Material (Nitinol, Stainless Steel), Valve Size (14mm to 18mm, 18mm to 22mm, & 22mm to 29mm), Valve Leaflets Material (Bovine Heart Tissue, Cow Heart Tissue), and End Users (Hospitals, Ambulatory Surgical Centers) - Global Market Analysis, Size, Geographic Regional Analysis, Competitive Strategies Analysis and Forecasts (2016 to 2021)".

https://www.marketdataforecast.com/market-reports/transcatheter-aortic-valve-replacement-market-357/

On the basis of Surgery Method, Valve Material, Valve Size, Valve Leaflets Material, End Users, the Transcatheter Aortic Valve Replacement (TAVR) Market is classified. Based on valve frame material, the market is categorized into nitinol, stainless-steel, and cobalt-chromium. According to the North America transcatheter aortic valve replacement (TAVR) market by valve frame material in 2016, nitinol segment is expected to have the largest share among all other segments. Based on surgery method, the market is sub-segmented as transaortic implantation, transapical implantation, and transcaval implantation, transfemoral implantation. Transfemoral is approximated to command the most important share of North America transcatheter semilunar valve replacement (TAVR) market by surgery technique in 2016 and expected to grow at the best CAGR throughout the forecast period. According to valve frame material, the market is classified as nitinol, chrome steel, and cobalt-chromium.

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Based on end users, the market is subdivided into ambulatory surgical centres, & cardiac catheterization laboratories, hospitals. According to the North America transcatheter aortic valve replacement (TAVR) market by end users in 2016, among all segments, the hospital segment holds the largest share. Transcatheter valve size market is segregated as 22mm to 29mm, 18mm to 22mm, 14mm to 18mm. Based on valve leaflets material, the market is segregated as valve cow heart tissue, and other leaflets material, bovine heart tissue.

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According to the geographical analysis by market data forecast, North America transcatheter semilunar valve replacement (TAVR) market is divided into U.S and Canada. U.S is accounted for the larger share of the North America transcatheter semilunar valve replacement (TAVR) market in 2016, during the forecast period 2016-2021, Canada is estimated to grow at a higher CAGR.

The prominent companies in transcatheter aortic valve replacement (TAVR) market such as Medtronic, Inc. (Ireland), JenaValve Technology, Inc. (Germany), Abbott Laboratories (U.S.), Meril Life Sciences India Pvt Ltd (India), Direct Flow Medical, Inc. (U.S.), Sorin Group (Italy), Boston Scientific Corporation (U.S.), Braile Biomedica (Brazil). Symetis SA (Switzerland St. Jude Medical Inc. (U.S.), Edwards Lifesciences Corporation (U.S.).

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Global Transcatheter Aortic Valve Replacement Market