The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Left Atrial Appendage Closure Device Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Left Atrial Appendage Closure Device Global Market Report 2024, The left atrial appendage closure device market size has grown exponentially in recent years. It will grow from $1.39 billion in 2023 to $1.67 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to prevalence of atrial fibrillation, stroke prevention strategies, clinical evidence and research, minimally invasive alternatives, patient preference for non-pharmacological options, aging population, physician training and expertise.The left atrial appendage closure device market size is expected to see rapid growth in the next few years. It will grow to $3.21 billion in 2028 at a compound annual growth rate (CAGR) of 17.7%.
The increasing number of elderly individuals is expected to fuel the expansion of the left atrial appendage (LAA) closure device market in the foreseeable future. The geriatric population, comprising individuals aged 65 and above, faces unique healthcare needs and challenges associated with aging. Left atrial appendage (LAA) closure devices play a crucial role in mitigating the risk of stroke related to atrial fibrillation, a prevalent condition among older adults. For example, in August 2023, Eurostat reported that over 21% of the EU population was aged 65 and above in 2022, with a median age of 44.4 years, indicating that a significant portion of the population falls into this age bracket. Consequently, the increasing geriatric population is a key driver propelling the growth of the left atrial appendage (LAA) closure device market.
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The left atrial appendage closure device market covered in this report is segmented –
1) By Product: Epicardial Left Atrial Appendage (LAA) Devices, Endocardial Left Atrial Appendage (LAA) Devices
2) By Procedure: Percutaneous, Surgical
3) By End-User: Hospital, Ambulatory Surgical Centers, Other End-Users
Top Major Players
Johnson And Johnson Pvt Ltd.,
Abbott Laboratories,
Medtronic plc.,
Atrium Medical Corporation,
Boston Scientific Corporation
The left atrial appendage closure device market report table of contents includes:
1. Executive Summary
- Left Atrial Appendage Closure Device Market Characteristics
- Left Atrial Appendage Closure Device Market Trends And Strategies
- Left Atrial Appendage Closure Device Market – Macro Economic Scenario
- Global Left Atrial Appendage Closure Device Market Size and Growth
- Left Atrial Appendage Closure Device Market Segmentation
- Left Atrial Appendage Closure Device Market Regional And Country Analysis
………………..
- Key Mergers And Acquisitions In The Left Atrial Appendage Closure Device Market
- Left Atrial Appendage Closure Device Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Left Atrial Appendage Closure Device Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Left Atrial Appendage Closure Device Market, Segmentation By Procedure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Left Atrial Appendage Closure Device Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Johnson And Johnson Pvt Ltd. Financial Performance
Table 75: Abbott Laboratories Financial Performance
Table 76: Medtronic plc. Financial Performance
Table 77: Atrium Medical Corporation Financial Performance
Table 78: Boston Scientific Corporation Financial Performance
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