Allied Market Research
Loading...
0
Upcoming Allied Market Research
2021
Transcatheter Heart Valve Replacement Market

Transcatheter Heart Valve Replacement Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

A11010
Pages: NA
Dec 2021 | 316 Views
   
Author(s) : Onkar Sumant
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Transcatheter Heart Valve Replacement Market

Request Now !

Transcatheter Heart Valve Replacement Market Outlook - 2027

A heart valve is a component of heart facilitates unidirectional blood flow through the heart. The abnormal functioning of the heart valve leads to valvular heart disease. However, these dysfunctioning, damaged and defective heart valves can be cured or replaced by artificial valves. Transcatheter aortic valve replacement (TAVR), sometimes summoned as transcatheter aortic valve implantation (TAVI) is a minimally invasive surgical operation to replace a damaged, narrowed aortic valve that fails to operate properly and operates on identical principal as that of cardiac stent is implant in delivery of a replacement valve. This operative involves little risk as it does not mandate opening the chest cavity or stopping the heart. Artificial valves are designed and structured using a mixture of metal mesh and animal tissues. This revolutionary artificial valve begins instant operations of the regulating blood flow once it gets in the target location.

TAVR has potential in providing relief from can relieve aortic valve stenosis and improvises survival chances and enables valve replacement surgery in people having a high risk of surgical complications, typically in older patients that cannot have conventional valve replacement surgery.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Product, Application, Surgical Approach, End user and Region

  Regions covered

•             North America (U.S., Canada, Mexico)

•             Europe (France, Germany, UK, Italy, Spain, Rest of Europe)

•             Asia-Pacific (Japan, China, India, Australia, South Korea, Rest          of Asia-Pacific)

•             LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA)

  Companies covered

Edwards Lifesciences,C Medical Technologies, Abbott Laboratories, Boston Scientific, HighLife Medical, JC Medical, LivaNova, Medtronic plc, Meril Life Sciences and Micro Interventional Device.


COVID – 19 scenario analysis: 

  • The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
  • Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
  • Over 4 million people affected globally, with 300 thousand losing their lives due to SARS-CoV-2
  • In addition, it has been observed after some research that people with prevalence of cardiac diseases are at higher risk for mortality and morbidity related to COVID-19 compared to the average population
  • Recent studies have also revealed that COVID-19 can cause heart injury, even in people without heart abnormalities
  • Henceforth, patients and the cardiac arrest treatment industry is facing struggles amid COVID-19 pandemic
  • Due to diversion of medical field towards treating COVID-19,the funding to R&D activities related to cardiac diseases has been reduced, manufacture of ventilators essential for COVID-19 treatment has been prioritized and as a result, this segment have to face negligence subsequently causing negative impact on transcatheter aortic valve replacement market


Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Major drivers for the transcatheter heart valve replacement include technological advancements in valve replacement operatives, growing prevalence of cardiovascular diseases including coronary artery diseases, heart failures, and hypertension and increase in number of cases of aortic disorders in geriatric population. The aging global population especially in the U.S., Europe and Japan and other developed countries is expected to rise from 760 million i.e. 11% in 2011 to 2 billion i.e. 22% by 2050. Aging populace surges the demand for minimally invasive surgeries pertaining to the risk of complications in surgery. Additionally, Aortic valvular disease accounts for most common causes leading to operative procedure or transcatheter valve replacement in the European region. Thus, due to these factors, transcatheter heart valve replacement market would witness tremendous growth in coming years.

Favorable reimbursement scenario pertaining to Medicaid plans, Medicare and insurance claims sponsored by the regulatory authorities for the patients further increase the affordability of these transplant surgeries and thus, fueling the treatment rate for valvular diseases. Further, reduction in recovery time post-surgery, positive outcomes with valve implantation and minimal invasiveness of these replacement surgeries are contributing to this market growth.

On the contrary, high investments related to transcatheter heart valves, device related problems such as product recalls, malfunctioning during implantation, insufficient healthcare infrastructures in emerging economies and stringent regulations implemented to get the approval are the restrains that potentially would impede growth of the market.

Increase in prevalence of cardiac diseases to propel the market growth

Cardiovascular diseases hold the first place in cause for death globally than any other disease according to World Health Organization (WHO). In 2016, cardiac diseases caused fatality in an estimated 17.9 million people, highlighting 31% of all global deaths with majority deaths were accounted in developing economies with low- and middle- income category. This can be an opportunity for the transcatheter heart valve replacement market to expand into developing economies.

Cardiac diseases are increasing with rising population and changing lifestyle. According to the Centers for Disease Control, the number of deaths due to cardiac diseases in United States is more than 606,000 on yearly basis. Four out of five CVD deaths are due to heart attacks and strokes. According to the World Journal of Cardiovascular Diseases, more than 7 million deaths are due to the sudden cardiac arrest worldwide every year. Thus, the growing cases of heart failures, heart attacks, strokes, and other heart-related conditions are facilitating the transcatheter heart valve replacement market growth.

Technological advancements to drive the market

Technological advances and innovative product launches in cardiovascular industry have resulted better treatment and increased accessibility to TAVR devices. Tissue valves are being increasingly popular as compared to mechanical prosthetic values pertaining to better biocompatibility and high durability.

In March 2017, FDA gave approval to CoreValve Evolut Pro, launched by Medtronic, a leader in transcatheter aortic valve replacement (TAVR) device. This device had latest upgrades and promised efficiency in surgical procedures of aortic stenosis for treatment of patients, especially the ones that are at high risk for open heart surgeries.

Similarly, Meril Life Sciences in December 2018 introduced Myval, a transcatheter aortic valve (TAVR), and achieved the feat of being the first Indian company to manufacture a transcatheter heart valve and market it commercially on a global scale.

Such technological advances would boost the growth for transcatheter heart valve replacement market in the near future.

Key segments covered:

Segments

Sub-segments

  Product

  • Transcatheter Aortic Valve Replacement (TAVR)
  • Transcatheter Mitral Valve Replacement (TMVR)

  Application

  • Aortic Valvular Heart Disease
  • Mitral Valvular Heart Disease

  Surgical Approach

  • Transfemoral Approach
  • Transapical Approach
  • Transaortic Approach

  End users

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized Cardiac Centers
  • Others

  Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA


Key benefits of the report:

  • This study presents the analytical depiction of the global transcatheter heart valve replacement industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global transcatheter heart valve replacement market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global transcatheter heart valve replacement market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global transcatheter heart valve replacement market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Transcatheter heart valve replacement Market research report:

  • What are the leading market players active in the transcatheter heart valve replacement market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Transcatheter Heart Valve Replacement Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers