MarketReportsOnline.com adds “Global Transcatheter Aortic Valve Replacement (TAVR) Market Report: 2015 Edition” to its library.
Dallas, TX -- (SBWIRE) -- 03/04/2015 -- TAVR market is a technology-based market and therefore, technological advancements in terms of material, size and delivery systems will make significant contribution to enhance the TAVR procedure in terms of safety and proficient post surgery results. TAVR devices are in a growth phase and will continue to evolve and improve. Transcatheter devices have a strong pipeline of product innovation which includes Engager from Medtronic, Lotus Valve of Boston Scientific, St. Jude Medical's Portico Valve, and Edwards SAPIEN XT. The number of new devices and technologies have evolved over a period of time and made procedure easier, thereby leading to sustainable growth in TAVR procedure volumes and revenue.
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As per the report "Global TAVR Market: 2015 Edition" The growth in TAVRprocedures is driven by increasing ageing population, growing healthcare expenditureand gross domestic product apart from increasing prevalence of inoperable aortic stenosis. Otherfactor providing a tailwind to the global TAVR market is the increasing obese population.In case of obesity, excess body fat, especially if it is around the waist, increases the risk of developing heart disease and stroke as it disturbs the proper functioning of the heart. Increasing consumption of fast food, diet colas, genetic disorder cases, etc. has aggravated the scale of obese people globally. Many countries with high ratio of aged as well as obese population will show an increasing trend in heart valve disease. On similar lines, the TAVR market is bound to witness strong growth in the near future.
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Transcatheter aortic valve replacement (TAVR) is a minimally invasive surgical procedure that repairs the valve without removing the old, damaged valve. It is indicated only for patients with calcified pure or predominant symptomatic AS. The TAVR market is a relatively new technology in medical science. Since its commercial launch in Europe in 2007 and later in the United States, it has steadily gained pace. Industry experts are of the opinion that it is a very promising market that is characterized by a lot of opportunities and unmet demand.
This report presents acomprehensive study of global TAVR market in global and regional marketplace. It also encompasses a number of factors encouraging the growth of the global TAVR market coupled with recent trends and challenges hindering the growth of the industry. The company profile section of the report covers detailed description of the players operating in the global TAVR market along with in-depth analysis of regional competition among the major players. By deploying SPSS Inc.'s data integration and analysis capabilities, future growth prediction in terms of value of global TAVR market has also been analyzed in the report.
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