Transcatheter Aortic Valve Replacement (TAVR) Market is predicted to reach USD 17526 million at a CAGR of 21.00% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Transcatheter Aortic Valve Replacement (TAVR) Market”.

The Transcatheter Aortic Valve Replacement (TAVR) market is estimated to register a CAGR of 21.00% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Transcatheter Aortic Valve Replacement (TAVR) market— CryoLife, Inc. (U.S.), Abbott (U.S.), Micro Interventional Devices, Inc. (U.S.), Boston Scientific Corporation (U.S.), LivaNova PLC (U.K.), Meril Life Sciences Pvt. Ltd. (India), Edwards Lifesciences Corporation (U.S.), Medtronic (Ireland), Auto Tissue Berlin GmbH (Germany), Lepu Medical Technology Co. Ltd. (China), Neovasc Inc. (Canada), TTK HealthCare (India), and JenaValve Technology, Inc. (Germany).

Market Highlights

The global Transcatheter Aortic Valve Replacement (TAVR) market is accounted to register a CAGR of 21.00% during the forecast period and is estimated to reach USD 17526 million by 2032.

The number of eligible patients has increased, and patient outcomes have been enhanced by ongoing TAVR technology developments. Advancements, including next-generation valve designs, delivery systems, and imaging methods, have improved the safety and efficacy of TAVR treatments. When compared to conventional surgical aortic valve replacement (SAVR), TAVR operations can be more costly. Widespread adoption may be hampered by the expensive cost of TAVR devices, imaging equipment, and specialist training, particularly in areas with tight healthcare budgets or reimbursement restrictions.

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Segment Analysis

The global Transcatheter Aortic Valve Replacement (TAVR) market has been segmented based on Procedure and End Users.

On the basis of Procedure, the market is segmented into Transfemoral Implantation, Transapical Implantation, and Transaortic Implantation. The Transfemoral Implantation segment was attributed to holding the largest market share in 2023 because of its ease of use, early mobility capabilities, awake procedure availability, fast-track protocols, and minimal surgical incisions.

Based on End Users, the global Transcatheter Aortic Valve Replacement (TAVR) market has been segmented into Hospitals, Ambulatory Surgical Centers, and Others. The Hospitals segment was expected to hold the largest market share in 2023. The market is expected to grow at a profitable pace over the projection period due to the provision of comprehensive treatment in hospital settings.

Regional Analysis

The global Transcatheter Aortic Valve Replacement (TAVR) market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Transcatheter Aortic Valve Replacement (TAVR) market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Transcatheter Aortic Valve Replacement (TAVR) market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Transcatheter Aortic Valve Replacement (TAVR) market comprises the Middle East, Africa, and Latin America.

The largest market share for Transcatheter Aortic Valve Replacement (TAVR) was maintained by the North American regional sector. North America's big aging population, sophisticated healthcare infrastructure, and strong reimbursement systems are the main reasons for the region's market share in transcatheter aortic valve replacement. The region's extensive use of TAVR treatments is facilitated by the well-established network of medical facilities and knowledgeable medical personnel. In addition, there is a significant need for TAVR due to the high frequency of aortic valve disorders in North America, which is caused by the aging population. North America holds a prominent position in the global TAVR market due in part to favorable reimbursement policies and regulatory approvals.

Moreover, the Europe market has been persistently growing over the forecast period. Europe continues to lead the world in transcatheter aortic valve replacement sales. Due to the area's fast-aging population, TAVR treatments are becoming more and more common, as is the prevalence of aortic valve disorders. In addition, Europe has a strong regulatory environment, a well-established healthcare system, and a wealth of clinical TAVR experience, all of which promote innovation and uptake. In addition, TAVR is more widely available to a larger patient population due to favorable reimbursement regulations in several European nations. With these factors together, Europe is positioned to lead the global TAVR market in terms of growth.

Additionally, the Asia-Pacific Transcatheter Aortic Valve Replacement (TAVR) Market is anticipated to expand between 2024 and 2032 at the quickest CAGR due to the wide population pool, the growing need for high-quality healthcare in the area, the rise in government programs to promote healthcare, and the general public's growing health consciousness and need for modern medical technology for treatments and implants.

Furthermore, the rest of the world's Transcatheter Aortic Valve Replacement (TAVR) market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the expanded base of installed healthcare infrastructure and new technology infiltration.

Key Findings of the Study

• The global Transcatheter Aortic Valve Replacement (TAVR) market is expected to reach USD 17526 million by 2032, at a CAGR of 21.00% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the wide population pool and the growing need for high-quality healthcare in the area.


• Based on End User, the Hospitals segment was attributed to holding the largest market in 2023.


• CryoLife, Inc. (U.S.), Abbott (U.S.), Micro Interventional Devices, Inc. (U.S.), Boston Scientific Corporation (U.S.), LivaNova PLC (U.K.), Meril Life Sciences Pvt. Ltd. (India), Edwards Lifesciences Corporation (U.S.), Medtronic (Ireland), Auto Tissue Berlin GmbH (Germany), Lepu Medical Technology Co. Ltd. (China), Neovasc Inc. (Canada), TTK HealthCare (India), and JenaValve Technology, Inc. (Germany) are the key market players.