Global $12.2 Bn Transcatheter Aortic Valve Replacement/Implantation (TAVR/TAVI) Market to 2025
The global transcatheter aortic valve replacement (TAVR) devices market size is anticipated to reach USD 12.2 billion by 2025, progressing at a CAGR of 22.6% during the forecast period.
- The global transcatheter aortic valve replacement (TAVR) devices market size is anticipated to reach USD 12.2 billion by 2025, progressing at a CAGR of 22.6% during the forecast period.
- Increasing incidence of cardiovascular diseases and severe aortic stenosis disorder are among key factors augmenting the TAVR device market.
- Moreover, rising number of various clinical trials such as Edwards SAPIEN 3 and Medtronic Transcatheter Aortic Valve 2.0 Replacement System are likely to contribute to the growth of the market during the forecast period.
- Improvements in surgical techniques and quality of implantable valves are leading to an increase in the adoption of aortic valve replacement procedures.