The global transcatheter aortic valve replacement market is growing at a CAGR of around 11.4% during the forecast period (2021-2027). As per data published by Medicare and Medicaid Services, The growth of this market is due to the aortic stenosis patients, and the constantly increasing geriatric population. Thus, the increasing prevalence of aortic stenosis and improving treatment rates are expected to boost the growth of the market. In the US the large population plays a very major role in this market the required elderly population is likely to be doubled by 2050. People above the age of 75 years in the US are more likely to suffer from aortic stenosis thus reflects the huge amount of people suffering from this, due to high reimbursement rates, the demand for surgeries is increasing in the US, which will increase the market significantly. Moreover, technological advancements in replacement surgeries are also positively impacting the market. TAVR is a minimally invasive approach and is less invasive than conventional AVR. The use of sutureless valves in minimally invasive surgeries results in positive outcomes in terms of patient recovery, during the adverse effects.

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The market is segmented based on approach, application, and end-user. Based on the approach, the market is segmented into transfemoral approach, transapical approach, and transaortic approach. By application, the market is segmented into aortic valvular heart disease, mitral valvular heart disease, and pulmonary valvular heart disease. By end-user, the market is segmented into hospitals, cardiac centres, and ambulatory surgical centres.

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The global transcatheter aortic valve replacement market is analyzed based on the geographical regions that are contributing significantly towards the growth of the market. Based on the geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The number of cases increases in Valvular disorders started increasing North America was the highest contributor of the market share. The government of North America has started the awareness regarding the benefits of TAVR over other surgical procedures this is some factor for the growth of the regional market. Moreover, reimbursement policies and awareness among the local people also play a vital role in the success of the regional market. around 1.5 million people suffer from aortic stenosis in the US, and according to the survey of their Institute 100,000+ replacement surgeries are performed every year in the country. The local presence of the key player and the increasing number of clinical studies have improved the market scenario.

Global Transcatheter Aortic Valve Replacement Market – Segmentation
by Approach
Transfemoral Approach
Transapical Approach
Transaortic Approach
by Application
Aortic Valvular Heart Disease
Mitral Valvular Heart Disease
Pulmonary Valvular Heart Disease
by End-User
Hospitals
Cardiac Centers
Ambulatory Surgical Centers

Global Transcatheter Aortic Valve Replacement Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
4C Medical Technologies
Abbott Laboratories
Boston Scientific Corp.
Braile Biomedica
Cardiosolutions, Inc.
Colibri Heart Valve LLC
Cryolife, Inc.
Edwards Lifesciences Corp.
HLT, Inc.
JC Medical, Inc.
Jenavalve Technology, Inc.
Lepu Medical Technology (Beijing) Co., Ltd
Livanova PLC
Medtronic, PLC
Meril Life Sciences Pvt. Ltd.
Micro Interventional Devices, Inc.
Neovasc Inc.
RUA Life Sciences Plc
TTK Healthcare Ltd.

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