The Asia Pacific Transcatheter Aortic Valve Replacement Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
A wire valve frame and bovine (cow) animal tissue leaflets comprise the transcatheter aortic valve replacement, intended to repair the damaged aortic valve. A catheter is inserted by the surgeon after making a little incision in an artery or blood vessel, most frequently in the groin. The catheter is squeezed and attached to the artificial valve, inserted into the damaged aortic valve through the blood vessel.
The surgeon will move the defective portions of the aortic valve leaflets out of the way and insert the new valve using cutting-edge imaging methods like X-rays. Once installed, the new valve will work and restore blood flow. The surgeon will next take out the catheter and sew up the wound. The patient will be moved to the recovery area and released a few days later. To stop more blood clots, doctors will give blood-thinning drugs.
Due to the aging population and rising incidence of illnesses, including heart disease and aortic stenosis, the transcatheter aortic valve replacement device market has grown rapidly over the past several years. Furthermore, one or more damaged heart valves may require repair or replacement surgery to address issues. Due to increased awareness of the advantages of aortic valve replacement and the availability of efficient treatments, more patients are pursuing this procedure.
It is anticipated that 34 countries will have over 20% of their population over 65 by 2030 due to the world's aging population. China's population is aging rapidly; as a result of rising life expectancy and falling birth rates, China's population of individuals over 60 is expected to increase to 28% by 2040. In particular, the creation of an integrated system that meets the social and health requirements of older people while ensuring that everyone has access to health care regardless of location is made possible by this enormous demographic transition. A rapidly aging population necessitates the development of age-friendly towns and cities where the elderly can flourish and make valuable contributions to society. To enhance access to integrated care, China has been researching novel strategies. These elements would support the growth of the regional market.
The China market dominated the Asia Pacific Transcatheter Aortic Valve Replacement Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $614.3 million by 2028. The Japan market is estimated to grow a CAGR of 7.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.1% during (2022 - 2028).
Based on Material, the market is segmented into Nitinol, Stainless Steel, Cobalt-Chromium and Others. Based on Implantation Procedure, the market is segmented into Transfemoral, Transapical and Transaortic. Based on Mechanism, the market is segmented into Balloon-expanding Valve and Self-expanding Valve. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Transcatheter Aortic Valve Replacement Market is Projected to reach USD 8 Billion by 2028, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, Edwards Lifesciences Corporation, MicroPort Scientific Corporation, LivaNova PLC, TTK Healthcare Limited, Meril Life Science Private Limited, JenaValve Technology, Inc., and Bracco S.p.A.
Scope of the Study
Market Segments Covered in the Report:
By Material
- Nitinol
- Stainless Steel
- Cobalt-Chromium
- Others
By Implantation Procedure
- Transfemoral
- Transapical
- Transaortic
By Mechanism
- Balloon-expanding Valve
- Self-expanding Valve
By End-use
- Hospitals
- Ambulatory Surgical Centers
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Abbott Laboratories
- Medtronic PLC
- Boston Scientific Corporation
- Edwards Lifesciences Corporation
- MicroPort Scientific Corporation
- LivaNova PLC
- TTK Healthcare Limited
- Meril Life Science Private Limited
- JenaValve Technology, Inc.
- Bracco S.p.A
TABLE 1 Asia Pacific Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Nitinol Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Nitinol Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Stainless Steel Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Stainless Steel Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Cobalt-Chromium Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Cobalt-Chromium Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Transfemoral Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Transfemoral Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Transapical Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Transapical Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Transaortic Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Transaortic Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Balloon-expanding Valve Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Balloon-expanding Valve Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Self-expanding Valve Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Self-expanding Valve Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Ambulatory Surgical Centers Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Ambulatory Surgical Centers Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Transcatheter Aortic Valve Replacement Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Transcatheter Aortic Valve Replacement Market by Country, 2022 - 2028, USD Million
TABLE 37 China Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 38 China Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 39 China Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 40 China Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 41 China Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 42 China Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 43 China Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 44 China Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 45 China Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 46 China Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 47 Japan Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 48 Japan Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 49 Japan Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 50 Japan Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 51 Japan Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 52 Japan Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 53 Japan Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 54 Japan Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 55 Japan Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 56 Japan Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 57 India Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 58 India Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 59 India Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 60 India Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 61 India Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 62 India Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 63 India Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 64 India Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 65 India Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 66 India Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 67 South Korea Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 68 South Korea Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 69 South Korea Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 70 South Korea Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 71 South Korea Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 72 South Korea Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 73 South Korea Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 74 South Korea Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 75 South Korea Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 76 South Korea Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 77 Singapore Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 78 Singapore Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 79 Singapore Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 80 Singapore Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 81 Singapore Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 82 Singapore Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 83 Singapore Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 84 Singapore Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 85 Singapore Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 86 Singapore Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 87 Malaysia Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 88 Malaysia Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 89 Malaysia Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 90 Malaysia Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 91 Malaysia Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 92 Malaysia Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 93 Malaysia Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 94 Malaysia Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 95 Malaysia Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 96 Malaysia Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market, 2022 - 2028, USD Million
TABLE 99 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market by Material, 2018 - 2021, USD Million
TABLE 100 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market by Material, 2022 - 2028, USD Million
TABLE 101 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2018 - 2021, USD Million
TABLE 102 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market by Implantation Procedure, 2022 - 2028, USD Million
TABLE 103 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market by Mechanism, 2018 - 2021, USD Million
TABLE 104 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market by Mechanism, 2022 - 2028, USD Million
TABLE 105 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market by End-use, 2018 - 2021, USD Million
TABLE 106 Rest of Asia Pacific Transcatheter Aortic Valve Replacement Market by End-use, 2022 - 2028, USD Million
TABLE 107 Key Information – Abbott Laboratories
TABLE 108 Key Information – Medtronic PLC
TABLE 109 key Information – Boston Scientific Corporation
TABLE 110 Key Information – Edwards Lifesciences Corporation
TABLE 111 key Information – MicroPort Scientific Corporation
TABLE 112 Key Information – LivaNova PLC
TABLE 113 Key Information – TTK Healthcare Limited
TABLE 114 Key Information – Meril Life Sciences Private Limited
TABLE 115 Key Information – JenaValve Technology, Inc.
TABLE 116 Key Information – Bracco S.p.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Abbott Laboratories
FIG 3 Swot analysis: Abbott laboratories
FIG 4 Swot analysis: Medtronic plc
FIG 5 Recent strategies and developments: Boston Scientific Corporation