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Global Left Atrial Appendage Closure Devices Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Left Atrial Appendage Closure Devices Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Left Atrial Appendage Closure Devices Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 21 Apr 2021
  • Report ID: HLT 00190
  • Pages:176
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

Global Left Atrial Appendage Closure Devices Market is anticipated to rise at a value CAGR of 25% over 2019-2028. According to a study published by Insure Insights on the Global Left Atrial Appendage Closure Devices Market. Left atrial appendage closure is also known as Left atrial appendage occlusion, is a treatment strategy used to reduce the risk of left atrial appendage blood clots from entering the bloodstream and thus causing a stroke in patients with non-valvular atrial fibrillation. The lifestyle habits like smoking and alcohol consumption, the growth in the geriatric population have triggered the market growth.

Top Driver: The rise in the incidences of atrial fibrillation have driven the market

The increasing prevalence of cardiovascular diseases, increasing occurrence of atrial fibrillation across the globe are the primary factors contributing to market growth. The rise in the government initiatives to generate awareness about cardiac disorders and the presence of technologically developed products are the significant factors boosting the market demand for left atrial appendage closure devices over the forecast period.

Epicardial LAA closure devices have held the highest segmental growth in the Global Left Atrial Appendage Closure Devices Market

Based on the product Epicardial LAA closure devices segment have poised the most lucrative growth as they do not require the implanting a permanent device and d also do not need an anticoagulation post-procedure. Owing to these factors Epicardial LAA closure devices are expected to have the highest growth in the forecast period

 

In terms of the procedure, Surgical segment has held the most remarkable growth in the market due to the availability of various surgical processes to LAA occlusion like stapler excision, epicardial exclusion clips, suture exclusion, and also assist preventing clot formation at the time of LAA occlusion. In terms of the End-user, Hospitals segment have held the most significant growth due to the availability of trained physicians and advanced healthcare infrastructure.

The technological advances in North America prove Lucrative to the market  

The highly developed technology in healthcare, advances in the field of biotechnology, rise in the research activities have positively impacted the regional market of North America. The advanced healthcare infrastructure, favorable reimbursement, and availability of skilled personnel have improved the overall market. The popularity of medical tourism and the rise in the incidences of cardiac disorders have escalated the regional revenue of North America. Asia Pacific is expected to grow at a high CAGR owing to the rise in government initiative for healthcare activities, availability of technological advances equipment at a cheaper rate, have fostered the region, etc.

Technological advancements, Product launches, Mergers, and Acquisition, are the major strategies of the competitors

The Players of the Global Left Atrial Appendage Closure Devices Market is fragmented.  Technological advances, Product launches, Mergers, and Acquisition, are strategies used by the competitors   The key competitors of the Global Left Atrial Appendage Closure Devices Market Conformal Medical, Sentreheart, Inc., Dune Medical Devices, Coherex Medical, Lifetech Scientific (Shenzhen), Abbott, Atricure, Johnson and Johnson and Boston Scientific Corporation.

Conformal Medical:  Conformal Medical is one of the key competitors of the Global Left Atrial Appendage Closure Devices Market; for instance, In January 2020, Conformal Medical, had announced their first left atrial appendage closure for LAAC cases, it is equipped with unique CLAAS Technology, it is designed for patients under conscious sedation without general anesthesia. The CLAAS technology assists in simpler delivery for the patients in sedation.

Boston Scientific Corporation. Boston Scientific Corporation is a popular competitor in the Global Left Atrial Appendage Closure Devices Market. In August 2019, Boston Scientific Corporation had announced the acquisition of BTG; they manufacture interventional oncology therapeutics for patients with liver and kidney cancers and are involved in producing non-invasive devices. The deal was done for USD 4.2 billion. The acquisition was made by Boston Scientific Corporation to strengthen its product portfolio.

Scope of the Report

By Product

  • Endocardial LAA closure devices
  • Epicardial LAA closure devices

By Procedure

  • Surgical
  • Percutaneous

By End User

  • Hospitals
  • Ambulatory Surgery Centres
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Left Atrial Appendage Closure Devices Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Left Atrial Appendage Closure Devices Market -Industry Snapshots

6.1             Overview

6.1.1          Global Left Atrial Appendage Closure Devices Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Left Atrial Appendage Closure Devices Market Analysis, by Product

7.1             Overview

7.2             Key Findings for Left Atrial Appendage Closure Devices Market- By Product

7.2.1          Left Atrial Appendage Closure Devices Market- Endocardial LAA closure devices

7.2.2          Left Atrial Appendage Closure Devices Market- Epicardial LAA closure devices

Chapter 8           Global Left Atrial Appendage Closure Devices Market Analysis, by Procedure

8.1             Overview

8.2             Key Findings for Left Atrial Appendage Closure Devices Market- By Procedure

8.2.1          Left Atrial Appendage Closure Devices Market- Surgical

8.2.2          Left Atrial Appendage Closure Devices Market- Percutaneous

Chapter 9           Global Left Atrial Appendage Closure Devices Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Left Atrial Appendage Closure Devices Market- By End User

9.2.1          Left Atrial Appendage Closure Devices Market- Hospitals

9.2.2          Left Atrial Appendage Closure Devices Market- Ambulatory Surgery Centres

9.2.3          Left Atrial Appendage Closure Devices Market- Others

Chapter 10       Left Atrial Appendage Closure Devices Market Analysis by Region

10.1           Key Findings for Left Atrial Appendage Closure Devices Market- By region

10.2           Overview

10.2.1       Global Left Atrial Appendage Closure Devices Market Analysis, By Product, 2019 – 2028

10.2.2       Global Left Atrial Appendage Closure Devices Market Analysis, By Procedure, 2019 – 2028

10.2.3       Global Left Atrial Appendage Closure Devices Market Analysis, By End User, 2019 – 2028

10.3           Left Atrial Appendage Closure Devices Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Product

10.3.6       North America Market, By Procedure

10.3.7       North America Market, By End User

10.4           Left Atrial Appendage Closure Devices Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Product

10.4.8       Europe Market, By Procedure

10.4.9       Europe market by, End User

10.5           Left Atrial Appendage Closure Devices Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Product

10.5.7       Asia Pacific Market, By Procedure

10.5.8       Asia Pacific Market, By End User

10.6           Left Atrial Appendage Closure Devices Market – LAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       Latin America

10.6.4       Rest Of World

10.6.5       Latin America, Middle East and Africa Market, By Product

10.6.6       Latin America, Middle East and Africa Market, By Procedure

10.6.7       Latin America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Conformal Medical

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Sentreheart, Inc.

12.3           Dune Medical Devices

12.4           Coherex Medical

12.5           Lifetech Scientific (Shenzhen)

12.6           Abbott

12.7           Atricure

12.8           Johnson and Johnson

12.9           Boston Scientific Corporation.

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

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