DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/zccfpd/global) has announced the addition of the "Global Transcatheter Aortic Valve Replacement (TAVR) Market Outlook to 2019" report to their offering.
The global TAVR market has been growing at a very fast pace due to an increasing old age population, growing obese population, and an increase of aortic stenosis patients. In both US and outside US, the TAVR market will be on the rise in coming years. While primary growth will likely be attributed to adoption of minimally invasive (MI) procedures, preference to TAVR by cardiologists is mainly due to safety and efficiency.
TAVR procedure demand is increasing and is majorly driven by increased valve sizes, clinician experience and the growing body of compelling clinical evidence. This technology has a very high adoption rate as the invention reduced both risks and costs as compared with other heart surgeries. The strong position of the US in the market is expected to strengthen in the upcoming years. Geographically, apart from the US and Europe, Japan enjoys a significant percentage of market share and is expected to grow further due to high efficiency and low cost of TAVR products.
As per the report Global TAVR Market Outlook to 2019, the demand will be driven by the growing old age population, increasing healthcare expense in emerging and developed countries, rapid urbanization and GDP growth. Some of the noteworthy trends and developments of this industry are positive outcomes from SAPIEN 3 and success of TAVR for lower risk patients. However, some regulatory issues and the high cost of TAVR devices might hinder the growth of the market to some extent.
The report presents an in-depth analysis of the global market along with a focus on all major regions. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.
Key Topics Covered:
1. Market Overview
2. TAVR Market Analysis
3. Market Dynamics
4. Competitive Landscape
5. Company Profiles
- Edwards Lifesciences
- Medtronic
- St. Jude Medical
For more information visit http://www.researchandmarkets.com/research/zccfpd/global.
