Report Code: A15393 | Pages: NA | Mar 2023 | 614 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Aortic Valve Replacement Devices Market
Request Now !Transcatheter aortic valve replacement (TAVR) is a minimally invasive heart surgery used to replace an aortic valve that has constricted and is unable to open efficiently (aortic valve stenosis). TAVR can also be referred to as transcatheter aortic valve implantation (TAVI). For those who are at an intermediate or high risk from surgical aortic valve replacement, TAVR may be an alternative (open-heart surgery) solution. TAVR includes replacing the damaged aortic valve with a biological tissue valve obtained from cow or pig heart tissue.
The doctor may gain access to the heart through a blood artery in the leg or through a minor incision in the chest to perform TAVR. A hollow tube (catheter) is inserted through the access point. The catheter is guided via blood vessels to the heart and into the aortic valve with the help of modern imaging techniques. Once the new valve is in place, a balloon on the catheter's tip is inflated to expand the replaced valve into place, and then the catheter is removed.
COVID-19 Impact analysis
Globally, the COVID-19 pandemic has impacted routine hospital services. Elective procedures are being reduced significantly across the country to reduce the risk of infection and to transform operating rooms into COVID-19 emergency facilities. A vast majority of participants cancelled planned appointments, routine check-ups, or chronic condition treatments. To resume elective procedures, various safety standards must be followed, including maintaining sanitation, isolating patients before and after surgery, and testing patients for COVID-19 before they are admitted for surgery. Delaying of routines or preventative screenings was acceptable during the pandemic's beginning stage, especially with patients utilizing efficient telemedicine services. As a result, the COVID-19 crisis is expected to have a substantial impact on the aortic valve replacement devices market.
Top Impacting Factors
Market Trends
New Product Launches to Flourish Aortic Valve Replacement Devices Market
In April 2019, Boston Scientific Corporation, received a US FDA approval for LOTUS Edge Aortic Valve. The LOTUS Edge valve system is the only FDA-approved aortic valve that gives physicians an option to reposition and completely recapture the valve once it has been fully deployed.
In August 2019, Medtronic got an approval by the FDA for its Evolut R System for patients with symptomatic severe native aortic stenosis, who are at a low risk of surgical mortality.
Surge in Prevalence for Cardiovascular Disorders
One of the primary factors driving the growth of the aortic valve replacement market is the rising pool of patients suffering from cardiovascular diseases. Cardiovascular diseases cause aortic valves to malfunction, further fueling the desire for an effective valve replacement method. Transcatheter aortic valve replacement is becoming more common as the prevalence of aortic stenosis rises.
Key Benefits of Report
Questions Answered in Aortic Valve Replacement Devices Report
Aortic Valve Replacement Devices Market Report Highlights
Aspects | Details |
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By Product Type |
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By Surgery |
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By End User |
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By Region |
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Key Market Players | Boston Scientific Corporation, Medtronic, Abbott Laboratories, LivoNova Plc., Edwards Lifesciences Corporation, CryoLife Inc. |
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