Global left atrial appendage closure devices market
Increases cases of cardiovascular diseases such as health attacks, atrial fibrillation, high BP and other among the geriatric population, rise in the number of old aged people across several regions as well as increasing lifestyle threats among the people owing to their unhealthy eating habits as well as lack of exercise, sitting jobs, and other unhealthy habits are the major factors fueling the growth of global left atrial appendage closure devices market over the forecast period. Increase in healthcare expenditure over the past years mainly in the research and development sector are creating opportunities for the emergence of new and better products that help in conducting minimally invasive surgeries and offering better treatment to the patients that are seeking for medical help. Hence, these factors are creating opportunities for the growth of global left atrial appendage closure devices market in the coming years.
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Moreover, growing population, rising need of hospital infrastructure as well as demand for advanced products and devices for treating the patients in the best possible way is also creating opportunities for the industry growth. Further, increasing importance of early detection of several diseases and illnesses as well as efforts taken by the government for implementing the advanced technologies in healthcare sector are further creating opportunities for the growth of global left atrial appendage closure devices market over the forecast duration. Moreover, technological developments, rising adoption of technology in various sectors as well as growing integration of IoT and sensor technologies in several sectors is creating opportunities for the growth of global left atrial appendage closure devices market through the coming years.
Based on a regional frame of reference, North America left atrial appendage closure devices market is witnessed significant gains in the industry space over the recent past and is expected to witness substantial profits over the coming years owing to the rising cases of cardiac arrests among the people.
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North America dominated the market for left atrial appendage closure devices in 2020, while Asia-Pacific is set to grow at the highest CAGR due to growing healthcare infrastructure. Key players of the global left atrial appendage closure devices market include Abbott, Boston Scientific, Articure, Johnson and Johnson, Occlutech, Lifetech Scientific, among others.
Key segments of the global left atrial appendage closure devices market
Product Overview, 2018-2028 (USD Million)
Endocardial LAA closure devices
Epicardial LAA closure devices
End Use 2018-2028 (USD Million)
Hospitals
Ambulatory surgery centres
Other end users
Regional Overview, 2018-2028 (USD Million)
North America
U.S.
Canada
Europe
Germany
United Kingdom
France
Asia Pacific
China
Japan
India
South America
Brazil
Mexico
Middle East & Africa
GCC
South Africa
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What does the report include?
The study on the global left atrial appendage closure devices market includes qualitative factors such as drivers, restraints and opportunities
The study covers qualitative and quantitative analysis of the market segmented on the basis of product and end use. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments
The study includes the profiles of key players in the market with a significant global and/or regional presence
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