Left Atrial Appendage (LAA) Closure Devices Market to Cross USD 3 Billion by 2025 – Arizton

January 06 17:05 2021

The left atrial appendage (LAA) closure devices market is expected to grow at a staggering CAGR of over 36% during the period 2019–2025.

 

The left atrial appendage (LAA) closure devices market growth can be attributed to the growing prevalence of atrial fibrillation (AF) across the globe. The growth in the geriatric population and the increased prevalence of lifestyle-related disorders such as obesity, diabetics, and high blood pressure are contributing to the growth of AF. According to several epidemiological studies, AF is the most common arrhythmia, with an estimated prevalence of 1.5–3% in the general population in developed regions. Approximately 7.6 million people over 65 years of age in Europe suffered from AF in 2016, which is expected to increase by around 89%, reaching 14.4 million by 2060. Hence, the high occurrence of AF across the globe is likely to contribute to the growth of the market.

 

The following factors are likely to contribute to the growth of the left atrial appendage closure devices market during the forecast period:

  • Emergence of Advanced Imaging Modalities
  • Increasing Focus on Conducting Clinical Trials on LAA Closure Devices
  • Advent of Hybrid Approach in LAA Closure Technique
  • Transference from Open to MI Surgeries

 

The study considers the present scenario of the left atrial appendage closure devices market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

 

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Left Atrial Appendage (LAA) Closure Devices Market – Vendor Profiles

 

Key Vendors

  • Boston Scientific
  • AtriCure
  • Abbott

 

Other Vendors

  • Biosense Webster
  • Lifetech Scientific
  • SentreHEART

 

Investigational Companies

  • Append Medical
    • Business Overview
    • Key Strengths
    • Key Strategies
    • Key Opportunities
  • Cardia

 

 

Left Atrial Appendage (LAA) Closure Devices Market – Segmentation

 

Market Segmentation by Product

  • Endocardial LAA Closures
  • Epicardial LAA Closure

Market Segmentation by End-user   

  • Hospitals
  • Specialty Cardiac Centers
  • Ambulatory Surgery Centers (ASC)

Market Segmentation by Geography

  • Europe
    • Spain
    • Germany
    • Italy
    • France
    • UK
  • North America
    • US
    • Canada
  • APAC
    • South Korea
    • China
    • Japan
    • Australia
    • India
  • Latin America
    • Brazil
    • Argentina
    • Mexico
  • MEA
    • Turkey
    • Saudi Arabia
    • South Africa

 

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Left Atrial Appendage (LAA) Closure Devices Market – Table of Contents

 

1 Research Methodology
2 Research Objectives
3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusion
4.2 Base Year
4.3 Scope Of The Study
4.4 Market Segments
4.4.1 Market Segmentation By Product
4.4.2 Market Segmentation By End-User
4.4.3 Market Segmentation By Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance
7 Introduction

7.1 Atrial Fibrillation: Overview
7.1.1 Background
7.1.2 LAA Closure Devices For The Treatment Of AF

8 Market Opportunities & Trends
8.1 Emergence Of Advanced Imaging Modalities
8.2 Vendors Increasing Focus On Conducting Clinical Trials On LAA Closure Devices
8.3 Emergence Of Hybrid Approach In LAA Closure Technique
8.4 Promising Investigational LAA Closure Devices
8.5 Strategic Acquisitions

9 Market Growth Enablers
9.1 Rising Incidence Of AF
9.2 Transference From Open To Mi Surgeries
9.3 Frequent Product Approval
9.4 Significant Long-Term Cost Effectiveness Associated With LAA Closure

10 Market Restraints
10.1 High Use Of Oral Drugs
10.2 Complications Associated With LAA Closure Devices
10.3 Stringent Regulations & Product Recalls

11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Five Forces Analysis
11.3.1 Threat Of New Entrants
11.3.2 Bargaining Power Of Suppliers
11.3.3 Bargaining Power Of Buyers
11.3.4 Threat Of Substitutes
11.3.5 Competitive Rivalry

12 Product
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Endocardial LAA Closure
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.4 Epicardial LAA Closure
12.4.1 Market Overview
12.4.2 Market Size & Forecast

13 End-User
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Hospitals
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.4 Specialty Cardiac Centers
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.5 ASCS
13.5.1 Market Overview
13.5.2 Market Size & Forecast

14 Geography
14.1 Market Snapshot & Growth Engine
14.2 Geographic Overview

15 North America
15.1 Market Overview
15.2 Market Size & Forecast
15.3 Key Countries
15.3.1 US: Market Size & Forecast
15.3.2 Canada: Market Size & Forecast

16 Europe
16.1 Market Overview
16.2 Market Size & Forecast
16.3 Key Countries
16.3.1 Germany: Market Size & Forecast
16.3.2 France: Market Size & Forecast
16.3.3 UK: Market Size & Forecast
16.3.4 Spain: Market Size & Forecast
16.3.5 Italy: Market Size & Forecast

17 APAC
17.1 Market Overview
17.2 Market Size & Forecast
17.3 Key Countries
17.3.1 China: Market Size & Forecast
17.3.2 Japan: Market Size & Forecast
17.3.3 Australia: Market Size & Forecast
17.3.4 South Korea: Market Size & Forecast
17.3.5 India: Market Size & Forecast

18 Latin America
18.1 Market Overview
18.2 Market Size & Forecast
18.3 Key Countries
18.3.1 Brazil: Market Size & Forecast
18.3.2 Mexico: Market Size & Forecast
18.3.3 Argentina: Market Size & Forecast

19 Middle East & Africa
19.1 Market Overview
19.2 Market Size & Forecast
19.3 Key Countries
19.3.1 Turkey: Market Size & Forecast
19.3.2 Saudi Arabia: Market Size & Forecast
19.3.3 South Africa: Market Size & Forecast

 

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