According to comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Transcatheter Heart Valve Replacement (TAVI) market is expected to grow rapidly between 2021 and 2031. The report focuses on providing key insights into various aspects of the Transcatheter Heart Valve Replacement (TAVI) market, such as demand, product developments, revenue generation, and sales.
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The study offers a detailed analysis of dynamics including driver, restraints, opportunities, and challenges, and also highlights their consequent impact on the market.
Advent of Telehealth and Virtual Care to Create Tailwind for the Transcatheter Heart Valve Replacement (TAVI) Market Growth
Because of the increasing global penetration of the internet and smartphones, digitization is making deeper inroads into diverse industries such as healthcare.
During the COVID-19 outbreak, healthcare practitioners and patients recognised the importance of digitization and were encouraged to use virtual methods of patient examination and consultation to circumvent social distancing regulations. This spawned a new medical domain, Telehealth.
Telehealth has grown in popularity since the outbreak, particularly among the geriatric population, owing to the convenience it provides. As a result, rising telehealth adoption in radiology, behavioural health, cardiology, and online consultation is expected to create lucrative growth opportunities in the Transcatheter Heart Valve Replacement (TAVI) market.
Key Transcatheter Heart Valve Replacement (TAVI) Market Takeaways and Projections
- The United States is expected to maintain its dominance in the North American market, with the region’s fastest growth projected through 2031.
- Germany’s Transcatheter Heart Valve Replacement (TAVI) market is expected to grow rapidly in Europe, accounting for a sizable share of the region between 2021 and 2031.
- China is expected to have the highest revenue share in the East Asia market, with the fastest sales growth during the assessment period.
- Over the next decade, India is expected to emerge as a highly profitable market in South Asia, accounting for the region’s largest sales.
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Report Benefits & Key Questions Answered
- Transcatheter Heart Valve Replacement (TAVI) Historical Market Outlook: Future Market Insights’ analysis of the Transcatheter Heart Valve Replacement (TAVI) market looks at key dynamics such as drivers, opportunities, and challenges. It also investigates the impact of these dynamics on the market for the previous assessment period of 2016-2020 in order to forecast the scope of market growth for the next forecast period of 2021-2031.
- Transcatheter Heart Valve Replacement (TAVI) Demand-Supply Assessment: The most recent FMI study provides in-depth insights into the governing factors facilitating the Transcatheter Heart Valve Replacement (TAVI) market demand outlook. According to the survey, Transcatheter Heart Valve Replacement (TAVI) sales will increase steadily over the forecast period.
- Transcatheter Heart Valve Replacement (TAVI) Market Structure Analysis: In the Transcatheter Heart Valve Replacement (TAVI) market, the report provides detailed information about market concentration of key players and tier analysis. It also divides market participants into Tier 1, Tier 2, and Tier 3 based on their percentage share and product portfolio.
- Transcatheter Heart Valve Replacement (TAVI) Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3).
- Transcatheter Heart Valve Replacement (TAVI) Market Trend Analysis: The market trend analysis provided by FMI provides compelling insights into current and upcoming trends in the healthcare industries. It also helps industry players identify potential trends and develop strategies to capitalise on these existing trends.
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Competitive Landscape Analysis
The most recent FMI study provides in-depth insights into the global Transcatheter Heart Valve Replacement (TAVI) market to help management level decision-makers develop a strategy to capitalise on critical trends and opportunities. It also reveals competitive trends and profiles a list of the world’s leading players in the Transcatheter Heart Valve Replacement (TAVI) market.
Scope of Report
| Report Attribute | Details |
| Growth rate | CAGR of 12% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 – 2020 |
| Forecast period | 2022 – 2032 |
| Quantitative units | Revenue in USD Million, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Product, Surgical Approach, Application, Region |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled | Abbott, HighLife Medical, 4C Medical Technologies, JC Medical, LivaNova, Boston Scientific, Edwards Lifesciences, Medtronic plc, and Neovasc |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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