Global Transcatheter Aortic Valve Implantation Market Opportunities and Forecast 2023-2030

  •   DLR2836
  •   September, 2021
  •   Pages: 120
  •  Global
Transcatheter Aortic Valve Implantation Market Overview

Transcatheter aortic valve implantation (TAVI) is a minimally invasive heart procedure to replace a narrowed aortic valve that fails to open properly (aortic valve stenosis). Transcatheter aortic valve implantation (TAVI) is sometimes called transcatheter aortic valve replacement (TAVR). The global Transcatheter Aortic Valve Implantation market is projected to rise at a considerable rate in the forthcoming years. Demand for transcatheter aortic valve implantation is increasing due to the rise in the prevalence of aortic stenosis. 

Key factors such as an increase in the old age population, technological progressions in transcatheter aortic valves, and the high adoption rate of TAVI devices significantly contribute towards the growth of the global Transcatheter Aortic Valve Implantation (TAVI) market. Furthermore, an increase in the number of patients suffering from CVDs such as coronary artery diseases, hypertension, or heart failure, escalation in the adoption of minimally invasive procedures, reduction in hospital stay duration, and lower risk of infection are other prime aspects that boost the growth of the global Transcatheter Aortic Valve Implantation (TAVI) market. 

Covid-19 Impact on Transcatheter Aortic Valve Implantation Market
 
In addition, the current Transcatheter Aortic Valve Implantation Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Transcatheter Aortic Valve Implantation Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.

Transcatheter Aortic Valve Implantation Market Segment Overview

Based on Procedure, the Transfemoral Implantation segment accounted for the largest share in the global Transcatheter Aortic Valve Implantation (TAVI) market and the trend is projected to continue during the forecast period.  Transfemoral Implantation is the standardized TAVI procedure, wherein an artificial valve is implanted through the femoral artery with minimal anesthesia. The procedure has been accepted by a majority of doctors due to its positive outcomes. Furthermore, the Transaortic segment is expected to grow at the highest CAGR during the forecast period. This is due to the positive outcomes of several clinical trials.
 
Transcatheter Aortic Valve Implantation Market, By Procedure
·       Transfemoral Implantation
·       Transapical Implantation
·       Transaortic Implantation
 
Transcatheter Aortic Valve Implantation Market Regional Overview

In terms of region, North America is anticipated to hold a major share of the global Transcatheter Aortic Valve Implantation (TAVI) market. This is due to an increase in health care investments by manufacturers and high R&D expenditure by companies for the development of these devices. Furthermore, an increase in the prevalence of coronary artery diseases, hypertension, or heart failure propels the growth of the transcatheter aortic valve implantation market in North America. On the other hand, the market in the Asia-Pacific is projected to grow at a considerable rate in the forthcoming years. This is due to the presence of abundant growth opportunities in terms of unmet medical needs for the treatment of aortic stenosis and an increase in awareness about TAVI procedures among physicians in this region.

Transcatheter Aortic Valve Implantation Market, By Geography
 
·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Transcatheter Aortic Valve Implantation Market Competitor overview

Some key developments and strategies adopted by manufacturers in Transcatheter Aortic Valve Implantation are highlighted below.

·       In September 2021, Abbott announced that the U.S. Food and Drug Administration (FDA) has approved the company's Portico™ with FlexNav™ transcatheter aortic valve replacement (TAVR) system to treat people with symptomatic, severe aortic stenosis who are at high or extreme risk for open-heart surgery. With this latest TAVR advancement, Abbott continues to offer the industry's leading portfolio of structural heart solutions that include innovative, minimally invasive therapies to repair or replace diseased or damaged heart valves or close openings in the heart.

·       In August 2021, Medtronic announced the FDA has approved its next-generation self-expanding transcatheter aortic valve replacement system for patients with severe symptomatic aortic stenosis. According to a press release from the company, the fourth-generation system (Evolut FX) has gold markers on the frame to help operators better visualize depth and valve leaflet location during implantation.

Transcatheter Aortic Valve Implantation Market, Key Players

·       JC Medical, Inc.
·       Abbott Laboratories
·       Bracco S.p.A. (HLT, Inc.)
·       Meril Life Sciences Pvt. Ltd.
·       JenaValve Technology, Inc.
·       Boston Scientific Corporation (Symetis SA)
·       Medtronic plc
·       Edwards Lifesciences Corporation
·       NVT AG
·       Venus Medtech, Inc.

Transcatheter Aortic Valve Implantation Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Transcatheter Aortic Valve Implantation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Procedure
        • 5.2.1. Transfemoral Implantation
        • 5.2.2. Transapical Implantation
        • 5.2.3. Transaortic Implantation
      • 5.3. Market Analysis, Insights and Forecast – By Region
        • 5.3.1. North America
        • 5.3.2. Europe
        • 5.3.3. Asia Pacific
        • 5.3.4. Latin America, Middle East and Africa

      6. North America Transcatheter Aortic Valve Implantation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Procedure
        • 6.2.1. Transfemoral Implantation
        • 6.2.2. Transapical Implantation
        • 6.2.3. Transaortic Implantation
      • 6.3. Market Analysis, Insights and Forecast – By Country
        • 6.3.1. U.S.
        • 6.3.2. Canada

      7. Europe Transcatheter Aortic Valve Implantation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Procedure
        • 7.2.1. Transfemoral Implantation
        • 7.2.2. Transapical Implantation
        • 7.2.3. Transaortic Implantation
      • 7.3. Market Analysis, Insights and Forecast – By Country
        • 7.3.1. UK
        • 7.3.2. Germany
        • 7.3.3. France
        • 7.3.4. Italy
        • 7.3.5. Spain
        • 7.3.6. Russia
        • 7.3.7. Rest of Europe

      8. Asia Pacific Transcatheter Aortic Valve Implantation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Procedure
        • 8.2.1. Transfemoral Implantation
        • 8.2.2. Transapical Implantation
        • 8.2.3. Transaortic Implantation
      • 8.3. Market Analysis, Insights and Forecast – By Country
        • 8.3.1. China
        • 8.3.2. India
        • 8.3.3. Japan
        • 8.3.4. Australia
        • 8.3.5. South East Asia
        • 8.3.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Transcatheter Aortic Valve Implantation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Procedure
        • 9.2.1. Transfemoral Implantation
        • 9.2.2. Transapical Implantation
        • 9.2.3. Transaortic Implantation
      • 9.3. Market Analysis, Insights and Forecast – By Country
        • 9.3.1. Brazil
        • 9.3.2. Saudi Arabia
        • 9.3.3. UAE
        • 9.3.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. JC Medical, Inc
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Abbott Laboratories
      • 10.6. Bracco S.p.A. (HLT, Inc.)
      • 10.7. Meril Life Sciences Pvt. Ltd.
      • 10.8. JenaValve Technology, Inc.
      • 10.9. Boston Scientific Corporation (Symetis SA)
      • 10.10. Medtronic plc
      • 10.11. Edwards Lifesciences Corporation
      • 10.12. NVT AG

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      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model