Transcatheter Aortic Valve Implantation (TAVI) Market to Exhibits Remarkable Growth | USD 16,937 Million – By AMR

Transcatheter Aortic Valve Implantation (TAVI), also known as Transcatheter Aortic Valve Replacement (TAVR), is a minimally invasive procedure used to treat aortic valve stenosis, a condition characterized by the narrowing of the aortic valve in the heart. Unlike traditional open-heart surgery, TAVI involves the insertion of a replacement valve through a catheter, typically delivered through a blood vessel in the groin or chest. The global transcatheter aortic valve implantation market was valued at $4,559 million in 2020, and is estimated to reach $16,937 million by 2030, growing at a CAGR of 14.0% from 2021 to 2030.

Transcatheter Aortic Valve Implantation (TAVI) Market in Short:

CAGR: 14%
Current Market Size: USD 16,937 Million
Fastest Growing Region: APAC
Largest Market: North America
Projection Time: 2021-2030
Base Year: 2021

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Q1. Which are the top companies hold the market share in transcatheter aortic valve implantation market?

Top companies such as Abbott Laboratories, Blue Sail Medical, Boston Scientific Corporation, Bracco, Edward Life Sciences, JC Medical, JenaValve, Medtronic Plc, Meril Life Sciences and Venus MedTech held a high market position in 2020.

Q2. Which is the most influencing segment growing in the transcatheter aortic valve implantation market report?

Transfemoral segment is the most influencing segment owing to increase in standard care for aortic stenosis, it is a less invasive procedure and offers shortened recovery time.

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During the procedure, the replacement valve is guided to the site of the diseased valve and deployed, taking over the function of the native valve. TAVI offers several advantages over open-heart surgery, including reduced trauma to the body, shorter hospital stays, faster recovery times, and lower risk for complications, especially in older and high-risk patients who may not be suitable candidates for surgical valve replacement. TAVI has revolutionized the treatment of aortic valve stenosis and has become an established alternative to surgical valve replacement, providing improved quality of life for patients.

Ongoing research and advancements in TAVI techniques and valve designs continue to refine the procedure, expanding its applicability to a broader range of patients and further improving outcomes. TAVI represents a significant milestone in cardiovascular medicine, offering a less invasive and effective treatment option for individuals with aortic valve stenosis, ultimately improving their cardiac function and quality of life.

Top Leading Key Companies –

• Abbott Laboratories
• Boston Scientific Corporation
• Blue Sail Medical Co. Ltd.
• Bracco
• Edward Lifesciences
• JC Medical Inc.
• JenaValve Techologies Inc.
• Medtronic Plc
• Meril Lifesciences
• Venus Medtech

Market: By Region Outlook

• North America (U.S., Canada, Mexico)
• Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
• LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)

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Important Questions Being Answered by This Market Report Are –

Q1. What are the key trends in the transcatheter aortic valve implantation market report?

Q2. What are the market values / growth % of emerging countries?

Q3. What is transcatheter aortic valve implantation?

Q4. What are transcatheter aortic valve implantation used for?

Key findings of the study –

• By procedure, the transfemoral and subclavian segment was the highest contributor to the TAVI market in 2020.
• Region wise, Europe garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

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