Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. Transcatheter Aortic Valve Replacement (TAVR), also known as, Transcatheter Aortic Valve Implantation (TAVI), is a minimally invasive procedure used to treat severe aortic valve stenosis by implanting a Transcatheter Heart Valve in a patient’s diseased aortic valve. GlobalData uses proprietary data and analytics to provide a comprehensive report on the transcatheter aortic valve replacement devices market, including market shares of different players within Australia. Buy the latest report here.
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In 2022, GlobalData’s Market Model methodology determined that the leading player in the transcatheter aortic valve replacement market in Australia was Edwards Lifesciences followed by Medtronic, Boston Scientific and Abbott Laboratories.
The procedure is largely performed transfemorally (through the groin) but can also be performed via alternative pathways including the transapical, transaortic, transcarotid, transsubclavian and transcaval approaches.
Following the widespread disruption resulting from the COVID-19 pandemic to the broader medical devices market during 2020 and 2021, the value of the transcatheter aortic valve replacement devices market within Australia was expected to be over $100m in 2022.
For the latest complete market share analysis of transcatheter aortic valve replacement device market in Australia, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
