Industry Research by Koncept Analytics
Global Transcatheter Aortic Valve Replacement (TAVR) Market: Industry Analysis & Outlook ----------------------------------------(2017-2021) March 2017
Global TAVR Market: Industry Analysis & Outlook (2017-2021)
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Executive Summary Transcatheter aortic valve replacement (TAVR) is a relatively new technology in the field of medical science. It is a less intrusive method of replacing heart valve without undergoing the conventional by-pass surgery. Due to the less invasive nature of the surgery, it has emerged as the more feasible alternative to conventional surgical aortic valve replacement. Transcatheter aortic valve replacement is sometimes called as transcatheter aortic valve implantation (TAVI). TAVR may be an option for people who are considered at intermediate or high risk of complications from surgical aortic valve replacement. It may also be suggested in certain cases where patient cannot undergo open-heart surgery. The decision to treat aortic stenosis with TAVR is made after consultation with a multidisciplinary group of medical and surgical heart specialists who together determine the best treatment option for each individual. The global TAVR market is set to experience favourable growth driven by factors such as increasing elderly population, rising heath care expenditure, increasing obese population and global economic development. Further, the scope of growth for this market will be broadened by increasing prevalence of aortic stenosis amongst the patients and rising demand for minimally invasive procedures. However, the growth of this budding market will be hindered by the business cycle fluctuations and risk of security breaches such as stringent regulations, high cost of TAVR devices and high risks associated with the TAVR procedure. The report “Global TAVR Market: Industry Analysis & Outlook (2017-2021)� analyses the development of this market, with focus on the U.S, Asia Pacific and European markets. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Edwards Lifesciences, Boston Scientific, Medtronic Plc. and St. Jude Medical, Inc. are being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global TAVR market along with the study of the regional markets.
Global TAVR Market: Industry Analysis & Outlook (2017-2021)
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Increasing elderly population, growing obese population and rising health care expenditures are likely to influence the patient population for TAVR..
The U.S. TAVR Market Forecast by Value (2017-2021) • The US TAVR market is expected to reach US$.. billion in the year 2021, increasing from US$.. billion in the previous fiscal year, recording growth at a CAGR of ..% for the period spanning 2012-2016. US$ Billion
• The OUS TAVR market is expected to reach US$.. billion in the year 2021, increasing from US$.. billion in the previous fiscal year, recording growth at a CAGR of ..% for the period spanning 2017-2021. • Global TAVR implant volume reached.. thousand globally, in the year 2016, increasing from .. thousand in the preceding year, recording an annual growth of .. %. 2017
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2021 Global TAVR Implant Volume (2012-2016)
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US$ Billion
OUS Market Forecast by Value (2017-2021)
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2018
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2021
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2 Volume
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4 Annual Growth
Global TAVR Market: Industry Analysis & Outlook (2017-2021)
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This is a licensed product of Koncept Analytics. You cannot reproduce, publish, distribute, publicly display, sell or create other works from this report or use them in any way for commercial purpose without our prior permission. Further, you cannot copy this material, by any means (including electronic copies), for distribution to others unless you have purchased the corporate license of this report. We believe the sources are reliable, but Koncept Analytics does not warranty the accuracy or completeness of the data. The data presented in the report is updated at the publication date but is subject to change at subsequent releases. All possible efforts have been made to ensure accuracy of data. However, investors should not completely rely on the information given in this report and must make decisions based on their own investment strategy, risk management and capital adequacy.
Koncept Analytics CS-36, First Floor, Ansal Plaza Vaishali, Ghaziabad, U.P. – 201010 T: +91-120-4130959 M: +91-9811715635 vikas@konceptanalytics.com www.konceptanalytics.com
Global TAVR Market: Industry Analysis & Outlook (2017-2021)
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Contact Us:
Disclaimer
This is a licensed product of Koncept Analytics. You cannot reproduce, publish, distribute, publicly display, sell or create other works from this report or use them in any way for commercial purpose without our prior permission. Further, you cannot copy this material, by any means (including electronic copies), for distribution to others unless you have purchased the corporate license of this report. We believe the sources are reliable, but Koncept Analytics does not warranty the accuracy or completeness of the data. The data presented in the report is updated at the publication date but is subject to change at subsequent releases. All possible efforts have been made to ensure accuracy of data. However, investors should not completely rely on the information given in this report and must make decisions based on their own investment strategy, risk management and capital adequacy.
Koncept Analytics CS-36, First Floor, Ansal Plaza Vaishali, Ghaziabad, U.P. – 201010 T: +91-120-4130959 M: +91-9811715635 vikas@konceptanalytics.com www.konceptanalytics.com
Global TAVR Market: Industry Analysis & Outlook (2017-2021)
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