The North America Transcatheter Aortic Valve Replacement Market would witness market growth of 6.3% CAGR during the forecast period (2022-2028).
The TAVR devices have higher safety-related benefits, according to several recently published studies. These studies also conclude a decreased incidence of paravalvular regurgitation, valve embolization, and other bleeding events when transcatheter heart valve devices are used. In addition, technology development is quite popular in the rapidly evolving transcatheter aortic valve replacement market.
This factor will encourage the growth of the transcatheter heart valve replacement market. Cardiovascular specialists at the forefront of healthcare who use ground-breaking research, cutting-edge technology, and transcatheter aortic valve replacement (TAVR) to treat some of the most complicated heart problems are in charge of numerous extensive initiatives. TAVR is a novel, quickly evolving therapy that provides patients with the best TAVR technology.
According to the CDC's data, heart disease remains the leading cause of mortality in the United States for men, women, and members of the majority of racial and ethnic groups. In the US, cardiovascular disease claims one life every 34 seconds. 1 in 5 deaths in the United States in 2020 was caused by heart disease, which claimed about 697,000 lives. Throughout 2017 and 2018, the cost of heart disease in the US was roughly $229 billion. Valvular heart disease affects 2.5% of Americans, but older persons are more likely to develop it. Valvular heart disease affects roughly 13% of those born before 1943.
The US market dominated the North America Transcatheter Aortic Valve Replacement Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,129.3 million by 2028. The Canada market is poised to grow at a CAGR of 8.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.8% during (2022 - 2028).
Based on Material, the market is segmented into Nitinol, Stainless Steel, Cobalt-Chromium and Others. Based on Implantation Procedure, the market is segmented into Transfemoral, Transapical and Transaortic. Based on Mechanism, the market is segmented into Balloon-expanding Valve and Self-expanding Valve. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Transcatheter Aortic Valve Replacement Market is Predict to reach $8 Billion by 2028, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, Edwards Lifesciences Corporation, MicroPort Scientific Corporation, LivaNova PLC, TTK Healthcare Limited, Meril Life Science Private Limited, JenaValve Technology, Inc., and Bracco S.p.A.
Scope of the Study
Market Segments Covered in the Report:
By Material
- Nitinol
- Stainless Steel
- Cobalt-Chromium
- Others
By Implantation Procedure
- Transfemoral
- Transapical
- Transaortic
By Mechanism
- Balloon-expanding Valve
- Self-expanding Valve
By End-use
- Hospitals
- Ambulatory Surgical Centers
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Abbott Laboratories
- Medtronic PLC
- Boston Scientific Corporation
- Edwards Lifesciences Corporation
- MicroPort Scientific Corporation
- LivaNova PLC
- TTK Healthcare Limited
- Meril Life Science Private Limited
- JenaValve Technology, Inc.
- Bracco S.p.A
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Transcatheter Aortic Valve Replacement Market, by Material
1.4.2 North America Transcatheter Aortic Valve Replacement Market, by Implantation Procedure
1.4.3 North America Transcatheter Aortic Valve Replacement Market, by Mechanism
1.4.4 North America Transcatheter Aortic Valve Replacement Market, by End-use
1.4.5 North America Transcatheter Aortic Valve Replacement Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Transcatheter Aortic Valve Replacement Market
Chapter 4. North America Transcatheter Aortic Valve Replacement Market by Material
4.1 North America Nitinol Market by Country
4.2 North America Stainless Steel Market by Country
4.3 North America Cobalt-Chromium Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Transcatheter Aortic Valve Replacement Market by Implantation Procedure
5.1 North America Transfemoral Market by Country
5.2 North America Transapical Market by Country
5.3 North America Transaortic Market by Country
Chapter 6. North America Transcatheter Aortic Valve Replacement Market by Mechanism
6.1 North America Balloon-expanding Valve Market by Country
6.2 North America Self-expanding Valve Market by Country
Chapter 7. North America Transcatheter Aortic Valve Replacement Market by End-use
7.1 North America Hospitals Market by Country
7.2 North America Ambulatory Surgical Centers Market by Country
7.3 North America Others Market by Country
Chapter 8. North America Transcatheter Aortic Valve Replacement Market by Country
8.1 US Transcatheter Aortic Valve Replacement Market
8.1.1 US Transcatheter Aortic Valve Replacement Market by Material
8.1.2 US Transcatheter Aortic Valve Replacement Market by Implantation Procedure
8.1.3 US Transcatheter Aortic Valve Replacement Market by Mechanism
8.1.4 US Transcatheter Aortic Valve Replacement Market by End-use
8.2 Canada Transcatheter Aortic Valve Replacement Market
8.2.1 Canada Transcatheter Aortic Valve Replacement Market by Material
8.2.2 Canada Transcatheter Aortic Valve Replacement Market by Implantation Procedure
8.2.3 Canada Transcatheter Aortic Valve Replacement Market by Mechanism
8.2.4 Canada Transcatheter Aortic Valve Replacement Market by End-use
8.3 Mexico Transcatheter Aortic Valve Replacement Market
8.3.1 Mexico Transcatheter Aortic Valve Replacement Market by Material
8.3.2 Mexico Transcatheter Aortic Valve Replacement Market by Implantation Procedure
8.3.3 Mexico Transcatheter Aortic Valve Replacement Market by Mechanism
8.3.4 Mexico Transcatheter Aortic Valve Replacement Market by End-use
8.4 Rest of North America Transcatheter Aortic Valve Replacement Market
8.4.1 Rest of North America Transcatheter Aortic Valve Replacement Market by Material
8.4.2 Rest of North America Transcatheter Aortic Valve Replacement Market by Implantation Procedure
8.4.3 Rest of North America Transcatheter Aortic Valve Replacement Market by Mechanism
8.4.4 Rest of North America Transcatheter Aortic Valve Replacement Market by End-use
Chapter 9. Company Profiles
9.1 Abbott Laboratories
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Approvals and Trials:
9.1.6 SWOT Analysis
9.2 Medtronic PLC
9.2.1 Company overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Approvals and Trials:
9.2.6 SWOT Analysis
9.3 Boston Scientific Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.3.5.3 Approvals and Trials:
9.4 Edwards Lifesciences Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.5 MicroPort Scientific Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.6 LivaNova PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.7 TTK Healthcare Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.8 Meril Life Sciences Private Limited
9.8.1 Company Overview
9.9 JenaValve Technology, Inc.
9.9.1 Company Overview
9.10. Bracco S.p.A.
9.10.1 Company Overview
TABLE 1 North America Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 2 North America Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 3 North America Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 4 North America Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 5 North America Nitinol Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Nitinol Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Stainless Steel Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Stainless Steel Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Cobalt-Chromium Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Cobalt-Chromium Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 14 North America Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 15 North America Transfemoral Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Transfemoral Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Transapical Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Transapical Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Transaortic Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Transaortic Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 22 North America Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 23 North America Balloon-expanding Valve Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Balloon-expanding Valve Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Self-expanding Valve Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Self-expanding Valve Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 28 North America Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 29 North America Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Ambulatory Surgical Centers Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Ambulatory Surgical Centers Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Transcatheter Aortic Valve Replacement Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Transcatheter Aortic Valve Replacement Market by Country, 2022 - 2028, USD Million
TABLE 37 US Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 38 US Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 39 US Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 40 US Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 41 US Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 42 US Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 43 US Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 44 US Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 45 US Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 46 US Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 47 Canada Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 48 Canada Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 49 Canada Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 50 Canada Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 51 Canada Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 52 Canada Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 53 Canada Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 54 Canada Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 55 Canada Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 56 Canada Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 57 Mexico Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 58 Mexico Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 59 Mexico Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 60 Mexico Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 61 Mexico Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 62 Mexico Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 63 Mexico Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 64 Mexico Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 65 Mexico Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 66 Mexico Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 67 Rest of North America Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 68 Rest of North America Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 69 Rest of North America Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 70 Rest of North America Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 71 Rest of North America Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 72 Rest of North America Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 73 Rest of North America Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 74 Rest of North America Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 75 Rest of North America Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 76 Rest of North America Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 77 Key Information – Abbott Laboratories
TABLE 78 Key Information – Medtronic PLC
TABLE 79 key Information – Boston Scientific Corporation
TABLE 80 Key Information – Edwards Lifesciences Corporation
TABLE 81 key Information – MicroPort Scientific Corporation
TABLE 82 Key Information – LivaNova PLC
TABLE 83 Key Information – TTK Healthcare Limited
TABLE 84 Key Information – Meril Life Sciences Private Limited
TABLE 85 Key Information – JenaValve Technology, Inc.
TABLE 86 Key Information – Bracco S.p.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Abbott Laboratories
FIG 3 Swot analysis: Abbott laboratories
FIG 4 Swot analysis: Medtronic plc
FIG 5 Recent strategies and developments: Boston Scientific Corporation