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Japanese Heart Valve Device Market Growth Will Spike With The Launch of Transcatheter Heart Valves
Date:5/30/2013

TORONTO, May 30, 2013 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, transcatheter aortic valve replacement (TAVR) devices will launch in Japan in 2013, spurring accelerating growth in the market. Unlike conventional heart valve devices, TAVR devices are placed percutaneously, minimizing the trauma to the patient. This allows heart valve replacements to be performed in candidates who were otherwise ineligible for surgical options due to comorbidities or other factors. As a result, the adoption of TAVR devices will be rapid; these products will be used in about 30 percent of total heart valve replacements performed in Japan by 2021.

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"After the US and Europe, Japan represents the next frontier for TAVR devices," said MRG Senior Analyst Ian Swanson . "Edwards Lifesciences continues to be first-to-market with these products, providing the company with an extremely powerful competitive advantage. Although Medtronic is not too far behind, Edwards Lifesciences holds a particular advantage in Japan where it will offer its smallest-sized version of its SAPIEN XT TAVR device, which is ideal for Japanese patients."

Although the focus for the next few years will be on transcatheter devices, the conventional heart valve market nonetheless remains large and lucrative. The sizable over-65 demographic combined with rising rates of diabetes and obesity in Japan has created a growing patient pool for heart valve treatments, and many eligible patients will continue to undergo conventional surgical replacement or repair, especially while TAVR rem
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SOURCE Millennium Research Group
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