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 intervention 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 (tavr) market in Australia. Buy the latest report here.
In 2023, GlobalData’s Market Model methodology determined that the leading player in the transcatheter aortic valve replacement (tavr) market in Australia was Medtronic followed by Edwards Lifesciences, Abbott Laboratories, Boston Scientific and MicroPort Scientific.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
TAVR intervention is largely performed transfemoral (through the groin) but can also be performed via alternative pathways including the transapical, transaortic, transcarotid, transsubclavian and transcaval approaches.
The transcatheter aortic valve replacement (tavr) market in Australia can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size transcatheter aortic valve replacement (tavr) in Australia, buy the report here.
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