Transcatheter Aortic Valve Replacement (TAVR) Market Research 2021-Competitive Insights: Edwards Lifesciences, Boston Scientific, Medtronic, Abbott, Venus Medtech

The report studies the Global Transcatheter Aortic Valve Replacement (TAVR) Market with many aspects of the industry like the market size, market status, market trends, and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. The report offers valuable insight into the Transcatheter Aortic Valve Replacement (TAVR) Market progress and approaches related to the market with an analysis of each region. The report goes on to talk about the qualitative and quantitative assessments by industry analysts. The report also presents forecasts for Transcatheter Aortic Valve Replacement (TAVR) investments from 2020 to 2024.

The global transcatheter aortic valve replacement (TAVR) market is anticipated to reach US$7.78 billion in 2024, growing at a CAGR of 12.72% during the period spanning 2020-2024.  

Top Key Players in the Global Transcatheter Aortic Valve Replacement (TAVR) Market: Edwards Lifesciences, Boston Scientific, Medtronic, Abbott, Venus Medtech and JenaValve Technology

Covid-19 Impact and Recovery Analysis:

The global Transcatheter Aortic Valve Replacement (TAVR) market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

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The market growth was supported by various factors like rising prevalence of aortic stenosis, increasing GDP per capita, growing obese population and increasing healthcare spending. The market faced certain challenges such as high risks associated with TAVR, tough regulatory approvals and high cost of the process. The market is expected to face certain trends and developments like escalating aging population, rising adoption of minimally invasive therapies and technological advancements that would boost the market growth.

The global transcatheter aortic valve replacement (TAVR) market by procedure can be segmented into the following three categories: transfemoral, transapical and transaortic. In 2019, the highest share of the market was held by transfemoral procedure, followed by transapical and transaortic procedures.

Additionally, the report provides an extensive analysis of the key geographical regions of the industry. The regional analysis covers North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. The report offers insightful information like production and consumption ratio, demand and supply, import and export ratio, and demand trends in each region. The report also covers a country-wise analysis of the segments and sub-segments of the market.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics, and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Transcatheter Aortic Valve Replacement (TAVR) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2015 to 2020 and forecasts until 2024 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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