World TAVR Market Forecast to 2019 Feb 2016 | Page 2

Global Transcatheter Aortic Valve Replacement (TAVR) Market Outlook to 2019
Transcatheter aortic valve replacement (TAVR) is a relatively new technology in the field of
medical science. It is a less invasive method of replacing heart valve without undergoing the
conventional by-pass surgery. Aortic valve replacement typically requires open heart surgery, thus
it disqualifies patients who are at high risk for the process or are too weak to undergo a surgery.
As a result, the market of heart valve surgical procedures is witnessing a continuous decline as
more and more patients requiring valve replacement are at risk for a surgical treatment. This
shortcoming of the traditional surgical method has paved way for the popularity and adoption of
TAVR. It was first commercially launched in Europe in 2007 and later in the United States. The
market for TAVR is regarded to be promising with immense growth opportunities and unmet
demand to cater to.
Rise in economic development, increasing old age population, growing obese population, and
increase of aortic stenosis patients are some of the key drivers fueling the development of the
global TAVR market. Growth of this market is largely dependent on macro indicators, like global
GDP and global healthcare expenditure.
This report analyzes the development of ""global TAVR market"", with special focus on the major
markets like the United States and Europe. The major market trends and drivers that facilitate the
growth of this market as well as the challenges it is facing are also analyzed in this report. The top
players operating in the TAVR industry include Edward Lifesciences, Medtronic and St. Jude
Medical and these companies have been profiled in the report highlighting their key financials and
business strategies for growth and market expansion.
Complete report on Transcatheter Aortic Valve Replacement market spread across 53
pages providing 3 company profiles and 3 tables and 45 charts is now available at
http://www.marketreportsonline.com/444973.html.