- The key vendors in the Transcatheter Aortic Valves Market in US 2014-2018 are Boston Scientific Corp., Edwards Lifesciences Corp., Medtronic Inc. and St. Jude Medical, Inc.
London, 04 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Transcatheter Aortic Valves Market in US 2014-2018. One key trend upcoming in this market is the revised labeling of the SAPIEN Transcatheter Heart Valve, which allows the product to be available to an extended group of patients with inoperable aortic valve stenosis. The market is growing at a steady pace and is expected to grow at a CAGR of 25.39 percent during the period 2013-2018.
Transcatheter aortic valves are prosthetic heart valves used to replace diseased aortic valves in the heart. Disorders of aortic valves include aortic stenosis, regurgitation, and degeneration. The procedure of aortic valve replacement with transcatheter aortic valves involves implantation of the prosthetic aortic valve using a catheter, without incisions and without the need for cardioplegia. Increased preference for MI procedures by surgeons as well as patients has raised the volume of transcatheter aortic valve replacement procedures being performed in the US. Technological advancements have resulted in the development of the self-expandable stent frame for anchoring the transcatheter aortic valve in the aorta.
“Transcatheter aortive valve replacement procedures are MI and have been proven to be very efficient and safe,” says Faisal Ghaus, Vice President of TechNavio Research.
“MI catheter-based procedures provide an alternative for patients that cannot withstand open heart surgeries, to regain their quality of life. MI procedures for aortic valve replacements have increased the demand for transcatheter aortic valves.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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