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The high burden of heart valve disease is driving its expansion.
GlobalData said the transcatheter aortic valve replacement volume (TAVR) market in India is expected to grow at a compound annual growth rate of about 24% until 2033, due to the high burden of heart valve disease.
Diseases such as rheumatic heart disease and degenerative aortic stenosis are driving the expansion of the sector, further exacerbating socioeconomic challenges and limited health care opportunities.
Despite the growing demand, India accounts for only 3% of the Asia-Pacific market in 2024.
“The challenges remain in achieving consistent, accurate valve placement, especially in patients with complex anatomical structures, which can lead to lateral leakage,” said GlobalData medical device analyst Shreya Jain.
Jain added: “The increased affordability and accessibility, coupled with increasing awareness and ongoing research, will be key to the expansion of the TAVR market in India.”
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