Transcatheter Heart Valve Market Size Share Trends Forecast 2027

1. TRANSCATHETER HEART VALVE MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Transcatheter Heart Valve Market - Overview Transcatheter aortic valve replacement (THVR) is approved for patients suffering from symptomatic severe aortic stenosis or regurgitation and is recommended for high risk patients suffering from other chronic diseases who need to undergo cardiac surgery. Statistics: The global Transcatheter Heart Valve Market is estimated to account for US$ 7,642.7 Mn in terms of value by the end of 2027 Increasing demand for minimally-invasive procedures is expected to boost growth of the global transcatheter heart valve market over the forecast period. THVR procedure helps to reduce morbidity and mortality rate, offers faster recovery time, and has less postoperative complications compared to conventional procedures. Global TranscatheterHeart Valve Market: Opportunities Favourable reimbursement policies in various countries are expected to offer lucrative growth opportunities for players in the market. In the U.S., Medicare covers reimbursement for patients whose aortic heart valves are damaged and need replacement. In May 2012, the Centers for Medicare and Medicaid Services (CMS) and Food & Drug Administration (FDA) jointly approvedinsurance coverage for TAVR in high risk patients with severe aortic stenosis. Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/transcatheter-heart-valve-market-3380 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Global TranscatheterHeart Valve Market: Restraints Clinical trials for transcatheter heart valve products are time consuming and require significant capital investment. Product failure in final phases of clinical trials can lead to major losses to the company. This in turn is expected to hinder growth of the global transcatheter heart valve market. For instance, in September 2014, MicroPort Medical (Group) Co., Ltd. submitted its transcatheter aortic valve device for FDA approval. Its results are expected to be announced by September 2021. Key Takeaways The TAVR segment in the global transcatheter heart valve market was valued at US$ 2,331.7 Mn in 2019 and is expected to reach US$ 6,054.9 Mn by 2027 at a CAGR of 12.7% during the forecast period.Increasing demand for minimally-invasive procedures is expected to boost growth of the segment during the forecasted period. The Transfemoral Approach segment held dominant position in the global transcatheter heart valve market in 2019, accounting for 85.1% share in terms of value, followed by Transapical Approach, respectively. Increasing product approvals is anticipated to drive the growth of the segments during the forecast period Major players in the market are focused on conducting clinical trials to expand their produxt portfolio. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/3380 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Regulations In the U.S., the premarket approval (PMA) process can be broken down into four basic stages. Pre-Investigational Device Exemption/Preclinical Evaluation The PMA process is initiated by the medical device company with a series of meetings with FDA/CDRH focused on preclinical (bench and animal) testing as well as plans for a clinical trial. The FDA works with the sponsor to develop a plan that may include specifics regarding site/physician training, post market surveillance registries, and studies. Global Transcatheter Heart Valve Market: Competitive Landscape Major players operating in the global transcatheter heart valve market include, Edwards Lifesciences Corporation, Medtronic, Boston Scientific Corporation, Abbott. Global Transcatheter Heart Valve Market: Key Developments August 2019: Edwards Lifesciences announced to recall its SAPIEN 3 Ultra delivery system. The U.S. FDA identified this as a Class I recall August 2019: Medtronic plc received the U.S. Food and Drug Administration approval for its Evolut TAVR system for patients with symptomatic severe native aortic stenosis who are at a low risk of surgical mortality Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3380 © Coherent market Insights. All Rights Reserved

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6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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