According to Technavio’s latest market research study, the global left atrial appendage closure market is expected to grow at a CAGR of over 33% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global left atrial appendage closure market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-user
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Global left atrial appendage closure market by hospitals: The increasing application of thrombectomy devices in various hospitals will boost the demand for LAA closure devices in this market segment. The establishment of multispecialty hospitals and hospital groups is helping in the development of the healthcare market and will result in the growth of LAA devices market during the forecast period. These hospitals mainly function through government sponsorship or via private ownerships.
“These establishments offer inpatient and outpatient services that require it to procure medical products and consumables on bulk. Furthermore, these hospitals are investing in advanced medical infrastructure and trained professionals to improve the services offered to the patients. The demand for LAA devices will primarily be driven by the increase in complex cardiovascular procedures,” says Barath Palada, a lead analyst at Technavio for research on medical imaging.
Global left atrial appendage closure market by ASCs: These modern healthcare facilities provide same-day surgical assistance that includes diagnostic and preventive procedures. These systems are cost effective and reduce the risk of hospital-acquired infections that contributes to the growth of this market segment. ASCs are gaining popularity across the globe and especially in the Americas as it provides convenient facilities as alternatives to hospital-based outpatient procedures.
Global left atrial appendage closure market by heart clinics: The improvement in patient care, availability of easy appointment rescheduling, and favorable reimbursement processing are increasing the demand for surgical procedures in various heart clinics. The heart clinics are collaborating with various physician’s offices to provide best care and surgery facilities and in turn, will lead to the growth of this market segment during the forecast period.
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The top vendors operating in the global left atrial appendage closure market are:
- AtriCure
- Boston Scientific
- Coherex Medical
- St. Jude Medical
Other prominent vendors in the market include Occlutech, Lifetech Scientific, and SentreHEART.
A more detailed analysis is available in the Technavio report titled, ‘Global Left Atrial Appendage Closure Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Medical Imaging Left Atrial Appendage Closure Market 2017-2021
- Global Cardiopulmonary Autotransfusion Systems Market 2016-2020
- Global Catheter Stabilization Device Market 2016-2020
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