Transcatheter Aortic Valve Replacement Market Growth Outlook 2030: Volume Trends & Strategic Insights
Transcatheter Aortic Valve Replacement Market Size & Insights
The Global Transcatheter Aortic Valve Replacement Market size was valued at around USD 4,121 million in 2024 and is projected to reach USD 8,862 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 13.61% during the forecast period, i.e., 2025-30. The Global Transcatheter Aortic Valve Replacement Market growth is due to the increase in the population above 60 years, integration of advancements such as balloon & self-expanding valves, government support, emerging Asian market, growing healthcare sector, advances in materials, etc.
What are the Key DROs in the Transcatheter Aortic Valve Replacement Market?
Aging Population Driving Market Growth – The growing aging population across the world is a key factor driving the market growth. As an individual grows, there is a higher probability of the prevalence of aortic valve or cardiac disease, like aortic stenosis, aortic regurgitation, etc. As per the WHO, the average number of living years has reached 73.3 years in 2024, 18% higher than in the last two decades. Further, the population of 60 years or more is projected to increase from 1 billion in 2023 to 1.4 billion by 2030, worldwide. Similarly, the Eurostat data and the US Census Bureau data depict that in the following years adult population will outnumber the children.
What are the Key Segments in the Transcatheter Aortic Valve Replacement Market?
The Transcatheter Aortic Valve Replacement is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Procedure
- Transfemoral
- Transapical
- Transaortic
Based on the procedure, the transfemoral segment holds the largest market share of more than 54%. This market share is due to the shorter recovery time, minimal invasiveness, lower post-surgery complications, higher success rate, and others.
- By Mechanism
- Balloon-expandable
- Self-expandable
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Others
- By Material
- Nitinol
- Cobalt Chromium
- Stainless Steel
- Others
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How does geographical analysis highlight in the Transcatheter Aortic Valve Replacement market?
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America is dominating the market by more than 43% market share. The key reasons contributing to the market growth are the presence of advanced technological solution providers, advanced and mature healthcare infrastructure, high prevalence of valve dysfunction disease, government support, etc.
Who are the Key Players in Transcatheter Aortic Valve Replacement Market?
- Abbott Laboratories
- Boston Scientific Corporation
- Blue Sail Medical Co. Ltd.
- Bracco SpA
- Edward Lifesciences
- JC Medical Inc.
- JenaValve Techologies Inc.
- Medtronic Plc
- Meril Lifesciences
- Venus Medtech
- Jude Medical, Inc.
- Coroneo Inc.
- Thubrikar Aortic Valve Inc.
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Transcatheter Aortic Valve Replacement Market News
- 2025: Abbott Laboratories received FDA approval for Tendyne™, a novel mitral valve replacement device designed for transcatheter deployment. This innovation eliminates the need for open-heart surgery, offering a safer option for high-risk mitral valve disease patients.
- 2024: Edwards Lifesciences acquired JC Medical, gaining access to its J-Valve transcatheter aortic valve replacement (TAVR) technology. The acquisition expanded Edwards’ structural heart portfolio, with JC Medical retaining exclusive rights for commercializing the technology in Greater China, while Edwards secured global development and distribution rights.
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