Future Transcatheter Aortic Valve Replacement Market: Key Dynamics, Size & Share Analysis

Global Transcatheter Aortic Valve Replacement MarketThe size was valued at around USD 4,121 million in 2024 and is projected to reach USD 8,862 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 13.61% during the forecast period, i.e., 2025-30. The Global Transcatheter Aortic Valve Replacement Market growth is due to the increase in the population above 60 years, integration of advancements such as balloon & self-expanding valves, government support, emerging Asian market, growing healthcare sector, advances in materials, etc.

Top Challenges Impacting the Transcatheter Aortic Valve Replacement Market Growth

High Cost of Transcatheter Aortic Valve Replacement Hampers Market Growth – The cost of Transcatheter Aortic Valve Replacements (TAVR) is comparatively high due to the technologies and components of TAVR, which include the expensive prosthesis implantation kit, material, devices, etc. The implantation kit of the transcatheter aortic valve replacement includes the valve, balloon, and sheath, costing around USD54,000, whereas the cost of the traditional one is around USD32,000. Along with this and other medical facilities, the hospital bills cost around USD80,000 for the TAVR surgery; however, traditionally, the bills reach approximately USD47,000 in China. Thus, in developing and strengthening nations like China across the globe, such large hospital bills with regular visits crossed the limited budget of the middle and low-cost population, leading to the inclination of patients towards traditional surgery for aortic valve replacement, hence hindering the market growth, especially in the low- economic nations.

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Understanding the Core Segments in the Transcatheter Aortic Valve Replacement Market

Transcatheter Aortic Valve Replacement Market Size, Share & Industry Trends Analysis- By Procedure (Transfemoral, Transapical, Transaortic), By Mechanism (Balloon-expandable, Self-expandable), By End User (Hospitals, Ambulatory Surgical Centers, Others), By Material (Nitinol, Cobalt Chromium, Stainless Steel) and Others

Geographical Analysis of the Transcatheter Aortic Valve Replacement Market

North America
South America
Europe
The Middle East and Africa
Asia-Pacific

North America is dominating the market by more than 43% market share.

Who Dominates the Transcatheter Aortic Valve Replacement Market Insights on Key Industry Players?

Companies are strengthening their presence in the Transcatheter Aortic Valve Replacement market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

Abbott Laboratories
Boston Scientific Corporation
Blue Sail Medical Co. Ltd.
Bracco SpA
Edward Lifesciences
JC Medical Inc.
JenaValve Techologies Inc.
Medtronic Plc
Meril Lifesciences
Venus Medtech
Jude Medical, Inc.
Coroneo Inc.
Thubrikar Aortic Valve Inc.
Others

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Transcatheter Aortic Valve Replacement Market 2030: Strategies of Forecast Insights

The Transcatheter Aortic Valve Replacement Market report by MarkNtel Advisors provides an in-depth analysis of market size, share, and growth prospects, offerin