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The transcatheter aortic valve replacement market size is forecast to increase by USD 2.40 billion at a CAGR of 6.78% between 2023 and 2028. The market is experiencing significant growth due to several key factors. The aging population globally is expanding, leading to an increase in the prevalence of conditions such as rheumatic heart disease and bicuspid aortic valve, which often require valve replacement. Additionally, TAVR procedures are increasingly being used to treat heart failure patients who are not candidates for surgical valve replacement. However, the high cost associated with TAVR procedures remains a challenge, limiting access for some patients. Diagnostic tests and blood tests are essential for determining the need for TAVR and monitoring patient outcomes. Metal frames used in TAVR devices ensure proper positioning and enable optimal blood flow, allowing oxygen-rich blood to reach the body's vital organs effectively. The market is expected to continue growing as technology advances and costs decrease, making these life-saving procedures more accessible to a broader patient population.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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