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Global Transcatheter Aortic Valve Replacement (TAVR) Market To Grow Due To Increasing Aortic Stenosis Patients

Press Release   •   Feb 08, 2017 10:59 IST

MarketResearchReports.biz has recently added a new research report, titled “Global Transcatheter Aortic Valve Replacement (TAVR) Market Outlook To 2019,” to its ever-expanding repository. The research report on the global transcatheter aortic valve replacement market gives an accurate analysis of the historical data and correlates it with the present-day market scenario to map a trajectory for the global transcatheter aortic valve replacement market for the near future. Additionally, the research report also offers an analysis of the strengths, the weaknesses, the opportunities, and the threats in the global transcatheter aortic valve replacement market with the help of SWOT analysis. The research report also sheds light on the threat of new entrants, the threat of substitute products or services, the bargaining power of customers, the bargaining power of suppliers, and the intensity of competitive rivalry in the global transcatheter aortic valve replacement market.

Transcatheter aortic valve replacement is a minimally invasive therapy that is used for replacing a heart valve. It eliminates the need of a traditional bypass surgery for cardiac patients. The transcatheter aortic valve replacement market has gained in popularity rapidly as aortic valve replacement therapy requires an open heart surgery, which rules out the treatment option for those who are too weak to undergo a surgery or are at a high risk. Owing to this reason, open heart valve surgical procedures are losing their market share, paving a new way for the growth of the transcatheter aortic valve replacement market. This solution was first launched in 2007 in Europe and then in the United States. The global transcatheter aortic valve replacement market is expected to witness robust growth due to the huge unmet demand and a large number of growth opportunities.

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Some of the important factors driving the growth of the global transcatheter aortic valve replacement market are the rising number of geriatrics, the increasing obese population, and the growing number of aortic stenosis patients. All of these components are driving the global transcatheter aortic valve replacement market at a robust rate. According to research analysts, the growth of this market depends on macro indicators such as a steady global GDP and positive global healthcare expenditure. The research report on the global transcatheter aortic valve replacement market offers a complete analysis of the market, with a special focus on regions such as Europe and the United States.

Some of the key players in the global transcatheter aortic valve replacement (TAVR) market are Medtronic, Edwards Lifesciences, and St. Jude Medical. The research report profiles these companies and gives a detailed understanding of the competitive landscape of the overall market. Furthermore, the research report also offers a clear picture of the financial overview, investment outlook, research and development strategies, strategic mergers and acquisitions, and business and marketing strategies of these companies.

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