PUBLISHER: Value Market Research | PRODUCT CODE: 1547880
PUBLISHER: Value Market Research | PRODUCT CODE: 1547880
The global demand for Left Atrial Appendage Closure Device Market is presumed to reach the market size of nearly USD 6.73 Billion by 2032 from USD 2.24 Billion in 2023 with a CAGR of 13.01% under the study period 2024-2032.
Left atrial appendage closure device helps prevent stroke by sealing off a small, unnecessary section of the heart called the left atrial appendage. The device is effective at eliminating the possibility of blood collecting in the left atrial appendage. The device is implanted by surgery. There are different LAA closure devices implanted by various methods performed under general anaesthesia, meaning the patient is asleep during the whole procedure. Device help can be achieved from an outside perspective or an inside blood exposed device.
Stroke is a serious risk for patients with atrial fibrillation. Patients with atrial fibrillation are at a higher danger of stroke if not appropriately treated. Atrial fibrillation (AFib) is the most widely recognized heart rhythm abnormality, affecting more than 33 million individuals around the world. The growing prevalence of atrial fibrillation will be driving the growth of the market. Also, Surge in government initiatives to raise public awareness related to cardiovascular diseases and attractive health insurance policies are likely to influence the growth of left atrial appendage closure device market. However, implantation of an LAA occluder device also entails short-term and long-term risks. Also, device implantation procedures do not totally eliminate the possibility of blood clots which is hampering the growth of the market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Left Atrial Appendage Closure Device. The growth and trends of Left Atrial Appendage Closure Device industry provide a holistic approach to this study.
This section of the Left Atrial Appendage Closure Device market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Left Atrial Appendage Closure Device market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Left Atrial Appendage Closure Device market include Boston Scientific Corporation, LifeTech Scientific, Occlutech, Johnson & Johnson, AtriCure Inc., Abbott Laboratories Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.