Transcatheter Aortic Valve Implantation (TAVI) Market - Global Industry Insights, Size, Trends, Outlook, and Opportunity Analysis, 2018-2026

Transcatheter aortic valve implantation (TAVI), also referred as transcatheter aortic valve replacement, or percutaneous valve replacement is a minimally invasive procedure that repairs the functionality of the old and damaged valve. The aortic valve allows the blood flow from the ventricle to the rest of the body. A malfunction in the opening and closing of this valve leads to aortic stenosis. The patients suffering from aortic stenosis suffer from extra strain on the heart,  which causes swelling  in the ankles, breathlessness, dizziness, chest pain, and frequent black outs. The transcatheter aortic valve implantation is a procedure that allows replacement of the aortic valve by implantation of a catheter.

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Catheter is a long narrow tube that is inserted in the blood vessel by making a small incision in the chest. The transcatheter aortic valves are made from natural tissues of either a pig or a cow. This natural tissue isolated from the heart of a pig or cow is then re-engineered and reprocessed by attaching the valve to a flexible and expandable mesh frame. Once the new valve is implanted, the catheter is removed and the valve starts functioning normally.

High prevalence of aortic stenosis is responsible for growth of the global transcatheter aortic valve implantation market

According to the Virtual Medical Centre (VMC) 2017, one in every four people suffer from congenital valvular disease that may lead to the development of Aortic stenosis at a young age. Additionally, people aged 65 years and above are more likely to have degenerative aortic stenosis due to calcification of the aortic valve or atherosclerosis. Moreover, the American Heart Association statistics of 2017, states that around 2200 deaths are experienced in the U.S. due to cardiovascular diseases each day, accounting for 1 death every 40 seconds. .The same report also suggests that the coronary heart disease is the leading cause of death in the U.S. accounting for 45.1% of deaths in the country. The rise in prevalence of cardiovascular diseases and aortic stenosis provides immense opportunities for key players to expand products and increase sales over the forecast period.

On the basis of procedure, the global transcatheter aortic valve implantation market is segmented into:

Transfemoral Implantation
Transapical Implantation
Transaortic Implantation
On the basis of end user, the global transcatheter aortic valve implantation market is segmented into:

Hospitals
Diagnostic Labs
Ambulatory Surgical Centers
Clinics
Others
Europe holds a dominant position in the global transcatheter aortic valve implantation market

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