APAC Transcatheter Aortic-Valve Replacement Market Projected to Grow at 12.2% CAGR Through 2033
The APAC Transcatheter Aortic-Valve Replacement (TAVR) market is projected to grow significantly, with the market size expected to reach approximately USD 3.8 billion by 2033, up from USD 1.2 billion in 2023, reflecting a compound annual growth rate (CAGR) of 12.2% during the forecast period from 2024 to 2033. This growth is driven by several key factors, including the rising prevalence of aortic valve stenosis and an aging population, which increases the demand for minimally invasive cardiac procedures. Technological advancements in TAVR devices, particularly balloon-expandable and self-expanding valves, enhance procedural success and patient outcomes, further boosting market expansion. However, the…
- Date: May 20, 2024
- Author: Robert Shaw
- Category: PharmiWeb