Global Percutaneous Aortic Valve Implantation Market Expected to Grow Owing to Increasing Prevalence of Cardiovascular Diseases in the Elderly Population [220-Pages] | Calculations by Research Dive
NEW YORK, March 22, 2023 /PRNewswire/ -- Global percutaneous aortic valve implantation market is expected to grow due to rising cardiovascular disease cases in elderly people. Hospitals and cardiac centres sub-segment is expected to flourish. The North America market is likely to grow by 2031.
Global Percutaneous Aortic Valve Implantation Market Forecast Analysis:
As per the report published by Research Dive, the global percutaneous aortic valve implantation market is expected to register a revenue of $20,132.20 million by 2031, growing at a CAGR of 14.1% during the 2022-2031 period.
Segments of the Percutaneous Aortic Valve Implantation Market
The report has divided the market into the following segments:
Procedure: transfemoral, subclavian, and direct aortic
End-User: hospitals & cardiac centres and ambulatory surgical centre
Region: North America, Europe, Asia-Pacific, and LAMEA
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Segment |
Sub-Segment |
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Procedure |
Transfemoral – Most dominant market share in 2021 |
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In standardized transfemoral implantation, an artificial valve is implanted through the femoral artery with minimal anesthesia. Hence, this procedure is increasingly used which is expected to push the growth of this sub-segment further. |
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End-User |
Hospitals and Cardiac Centers – Most lucrative in 2021 |
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Increasing number of patients preferring hospitals and cardiac centers for their surgeries is predicted to propel the growth rate of the market higher. |
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Region |
North America – Most profitable in 2021 |
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Presence of top leading brands and growth in the disposable income of people in this region are predicted to propel the market in the forecast period. |
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