The latest update of “Global Left Atrial Appendage Closure Devices Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Left Atrial Appendage Closure Devices Market.
Overview of the Left Atrial Appendage Closure Devices Market:
The left atrial appendage (LAA) is a small, ear-shaped sac in the muscle wall of the left atrium (top left chamber of the heart). LAA closure is an alternative minimal invasive procedure for stroke prevention in patients with atrial fibrillation. Left atrial appendage closure devices are used to decrease the risk of stroke that may occur as a result of atrial fibrillation. Thus, there is an increasing demand for left atrial appendage closure devices worldwide.
Market Drivers:
Increasing prevalence of atrial fibrillation and growing geriatric population across the globe is expected to boost growth of the global left atrial appendage closure devices market during the forecast period. For instance, atrial fibrillation (AFib or AF) is a quivering or irregular heartbeat that can lead to blood clots, stroke, heart failure, and other heart-related complications.
According to the Centers for Disease Control and Prevention (CDC), in more than 454,000 hospitalizations with AFib as the primary diagnosis happen each year in the United States. The condition contributes to around 158,000 deaths each year. Hence, such factors are expected to drive growth of the global left atrial appendage closure devices market.
Moreover, increasing government initiatives, technological advancements, and strong product pipeline are some major factors expected to propel growth of the global left atrial appendage closure devices market growth over the forecast period.
Market Restraints:
The availability of alternatives and high cost of left atrial appendage atrial closure devices is expected to hamper the growth of the global left atrial appendage closure devices market.
Regional Insights:
Among regions, North America, Europe, and Asia Pacific are expected to witness significant growth in the global left atrial appendage closure devices market due to the high prevalence of atrial fibrillation, surge is public awareness, increasing government initiatives, and introduction of novel products in this region. For instance, in July 2020, Boston Scientific received the Food and Drug Administration (FDA) approval for its Watchman FLX device, the latest version of its stroke technology, which Medtech positions as an alternative to blood thinners for individuals with non-valvular atrial fibrillation (NVAF).
Competitive Section:
Major players involved in the global left atrial appendage closure devices market are Cardia, SentreHEART, Lifetech Scientific, Occlutech, Abbott Laboratories Inc., AtriCure, Johnson and Johnson, and Boston Scientific Corporation, among others.
For instance, in March 2019, Boston Scientific received CE mark and initiated a limited market release of the next generation Watchman FLX left atrial appendage closure device in Europe.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Left Atrial Appendage Closure Devices Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Left Atrial Appendage Closure Devices Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Boston Scientific Corporation
- AtriCure
- Abbott Laboratories Inc.
- Occlutech
- Lifetech Scientific
- SentreHEART
- Cardia
- & Johnson and Johnson
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Left Atrial Appendage Closure Devices Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Endocardial LAA Devices
- Epicardial LAA Devices
By Applications, the market is segmented into:
- Hospital
- Ambulatory Surgical Centers
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Left Atrial Appendage Closure Devices Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Left Atrial Appendage Closure Devices Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Left Atrial Appendage Closure Devices Market
1.6.1 How the Covid-19 is Affecting the Left Atrial Appendage Closure Devices Market
1.6.1.1 Left Atrial Appendage Closure Devices Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Left Atrial Appendage Closure Devices Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Left Atrial Appendage Closure Devices Market Perspective (2015-2028)
2.2 Left Atrial Appendage Closure Devices Market Growth Trends by Regions
2.2.1 Left Atrial Appendage Closure Devices Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Left Atrial Appendage Closure Devices Market Historic Market Share by Regions (2015-2021)
2.2.3 Left Atrial Appendage Closure Devices Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Left Atrial Appendage Closure Devices Market Growth Strategy
2.3.6 Primary Interviews with Key Left Atrial Appendage Closure Devices Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Left Atrial Appendage Closure Devices Market Players by Market Size
3.1.1 Global Top Left Atrial Appendage Closure Devices Market Players by Revenue (2015-2021)
3.1.2 Global Left Atrial Appendage Closure Devices Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Left Atrial Appendage Closure Devices Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Left Atrial Appendage Closure Devices Market Concentration Ratio
3.2.1 Global Left Atrial Appendage Closure Devices Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Left Atrial Appendage Closure Devices Market Revenue in 2019
3.3 Left Atrial Appendage Closure Devices Market Key Players Head office and Area Served
3.4 Key Players Left Atrial Appendage Closure Devices Market Product Solution and Service
3.5 Date of entering into Left Atrial Appendage Closure Devices Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Left Atrial Appendage Closure Devices Market Historic Market Size by Type (2015-2021)
4.2 Global Left Atrial Appendage Closure Devices Market Forecasted Market Size by Type (2021-2028)
5 Left Atrial Appendage Closure Devices Market Breakdown Data by Application (2015-2028)
5.1 Global Left Atrial Appendage Closure Devices Market Size by Application (2015-2021)
5.2 Global Left Atrial Appendage Closure Devices Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Left Atrial Appendage Closure Devices Market Size (2015-2021)
6.2 Left Atrial Appendage Closure Devices Market Key Players in North America (2019-2021)
6.3 North America Left Atrial Appendage Closure Devices Market Size by Type (2015-2021)
6.4 North America Left Atrial Appendage Closure Devices Market Size by Application (2015-2021)
7 Europe
7.1 Europe Left Atrial Appendage Closure Devices Market Size (2015-2021)
7.2 Left Atrial Appendage Closure Devices Market Key Players in Europe (2019-2021)
7.3 Europe Left Atrial Appendage Closure Devices Market Size by Type (2015-2021)
7.4 Europe Left Atrial Appendage Closure Devices Market Size by Application (2015-2021)
8 China
8.1 China Left Atrial Appendage Closure Devices Market Size (2015-2021)
8.2 Left Atrial Appendage Closure Devices Market Key Players in China (2019-2021)
8.3 China Left Atrial Appendage Closure Devices Market Size by Type (2015-2021)
8.4 China Left Atrial Appendage Closure Devices Market Size by Application (2015-2021)
9 Japan
9.1 Japan Left Atrial Appendage Closure Devices Market Size (2015-2021)
9.2 Left Atrial Appendage Closure Devices Market Key Players in Japan (2019-2021)
9.3 Japan Left Atrial Appendage Closure Devices Market Size by Type (2015-2021)
9.4 Japan Left Atrial Appendage Closure Devices Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Left Atrial Appendage Closure Devices Market Size (2015-2021)
10.2 Left Atrial Appendage Closure Devices Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Left Atrial Appendage Closure Devices Market Size by Type (2015-2021)
10.4 Southeast Asia Left Atrial Appendage Closure Devices Market Size by Application (2015-2021)
11 India
11.1 India Left Atrial Appendage Closure Devices Market Size (2015-2021)
11.2 Left Atrial Appendage Closure Devices Market Key Players in India (2019-2021)
11.3 India Left Atrial Appendage Closure Devices Market Size by Type (2015-2021)
11.4 India Left Atrial Appendage Closure Devices Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Left Atrial Appendage Closure Devices Market Size (2015-2021)
12.2 Left Atrial Appendage Closure Devices Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Left Atrial Appendage Closure Devices Market Size by Type (2015-2021)
12.4 Central & South America Left Atrial Appendage Closure Devices Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Left Atrial Appendage Closure Devices Market Introduction
13.4 Left Atrial Appendage Closure Devices Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Left Atrial Appendage Closure Devices Market Key Market Segments
Table 2. Key Players Covered: Ranking by Left Atrial Appendage Closure Devices Market Revenue
Table 3. Ranking of Global Top Left Atrial Appendage Closure Devices Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Left Atrial Appendage Closure Devices Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Left Atrial Appendage Closure Devices Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Left Atrial Appendage Closure Devices Market Players to Combat Covid-19 Impact
Table 10. Global Left Atrial Appendage Closure Devices Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Left Atrial Appendage Closure Devices Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Left Atrial Appendage Closure Devices Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Left Atrial Appendage Closure Devices Market Share by Regions (2015-2021)
Table 14. Global Left Atrial Appendage Closure Devices Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Left Atrial Appendage Closure Devices Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Left Atrial Appendage Closure Devices Market Growth Strategy
Table 20. Main Points Interviewed from Key Left Atrial Appendage Closure Devices Market Players
Table 21. Global Left Atrial Appendage Closure Devices Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Left Atrial Appendage Closure Devices Market Share by Players (2015-2021)
Table 23. Global Top Left Atrial Appendage Closure Devices Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Left Atrial Appendage Closure Devices Market as of 2019)
Table 24. Global Left Atrial Appendage Closure Devices Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Left Atrial Appendage Closure Devices Market Product Solution and Service
Table 27. Date of entering into Left Atrial Appendage Closure Devices Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Left Atrial Appendage Closure Devices Market Size by Type (2015-2021) (Million US$)
Table 30. Global Left Atrial Appendage Closure Devices Market Size Share by Type (2015-2021)
Table 31. Global Left Atrial Appendage Closure Devices Market Revenue Market Share by Type (2021-2028)
Table 31. Global Left Atrial Appendage Closure Devices Market Size Share by Application (2015-2021)
Table 33. Global Left Atrial Appendage Closure Devices Market Size by Application (2015-2021) (Million US$)
Table 34. Global Left Atrial Appendage Closure Devices Market Size Share by Application (2021-2028)
Table 35. North America Key Players Left Atrial Appendage Closure Devices Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Left Atrial Appendage Closure Devices Market Share (2019-2021)
Table 37. North America Left Atrial Appendage Closure Devices Market Size by Type (2015-2021) (Million US$)
Table 38. North America Left Atrial Appendage Closure Devices Market Share by Type (2015-2021)
Table 39. North America Left Atrial Appendage Closure Devices Market Size by Application (2015-2021) (Million US$)
Table 40. North America Left Atrial Appendage Closure Devices Market Share by Application (2015-2021)
Table 41. Europe Key Players Left Atrial Appendage Closure Devices Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Left Atrial Appendage Closure Devices Market Share (2019-2021)
Table 43. Europe Left Atrial Appendage Closure Devices Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Left Atrial Appendage Closure Devices Market Share by Type (2015-2021)
Table 45. Europe Left Atrial Appendage Closure Devices Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Left Atrial Appendage Closure Devices Market Share by Application (2015-2021)
Table 47. China Key Players Left Atrial Appendage Closure Devices Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Left Atrial Appendage Closure Devices Market Share (2019-2021)
Table 49. China Left Atrial Appendage Closure Devices Market Size by Type (2015-2021) (Million US$)
Table 50. China Left Atrial Appendage Closure Devices Market Share by Type (2015-2021)
Table 51. China Left Atrial Appendage Closure Devices Market Size by Application (2015-2021) (Million US$)
Table 52. China Left Atrial Appendage Closure Devices Market Share by Application (2015-2021)
Table 53. Japan Key Players Left Atrial Appendage Closure Devices Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Left Atrial Appendage Closure Devices Market Share (2019-2021)
Table 55. Japan Left Atrial Appendage Closure Devices Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Left Atrial Appendage Closure Devices Market Share by Type (2015-2021)
Table 57. Japan Left Atrial Appendage Closure Devices Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Left Atrial Appendage Closure Devices Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Left Atrial Appendage Closure Devices Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Left Atrial Appendage Closure Devices Market Share (2019-2021)
Table 61. Southeast Asia Left Atrial Appendage Closure Devices Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Left Atrial Appendage Closure Devices Market Share by Type (2015-2021)
Table 63. Southeast Asia Left Atrial Appendage Closure Devices Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Left Atrial Appendage Closure Devices Market Share by Application (2015-2021)
Table 65. India Key Players Left Atrial Appendage Closure Devices Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Left Atrial Appendage Closure Devices Market Share (2019-2021)
Table 67. India Left Atrial Appendage Closure Devices Market Size by Type (2015-2021) (Million US$)
Table 68. India Left Atrial Appendage Closure Devices Market Share by Type (2015-2021)
Table 69. India Left Atrial Appendage Closure Devices Market Size by Application (2015-2021) (Million US$)
Table 70. India Left Atrial Appendage Closure Devices Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Left Atrial Appendage Closure Devices Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Left Atrial Appendage Closure Devices Market Share (2019-2021)
Table 73. Central & South America Left Atrial Appendage Closure Devices Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Left Atrial Appendage Closure Devices Market Share by Type (2015-2021)
Table 75. Central & South America Left Atrial Appendage Closure Devices Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Left Atrial Appendage Closure Devices Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Left Atrial Appendage Closure Devices Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Left Atrial Appendage Closure Devices Market Share by Type: 2021 VS 2028
Figure 2. Global Left Atrial Appendage Closure Devices Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Left Atrial Appendage Closure Devices Market Report Years Considered
Figure 8. Global Left Atrial Appendage Closure Devices Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Left Atrial Appendage Closure Devices Market Share by Regions: 2021 VS 2028
Figure 10. Global Left Atrial Appendage Closure Devices Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Left Atrial Appendage Closure Devices Market Share by Players in 2019
Figure 13. Global Top Left Atrial Appendage Closure Devices Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Left Atrial Appendage Closure Devices Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Left Atrial Appendage Closure Devices Market Revenue in 2019
Figure 15. North America Left Atrial Appendage Closure Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Left Atrial Appendage Closure Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Left Atrial Appendage Closure Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Left Atrial Appendage Closure Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Left Atrial Appendage Closure Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Left Atrial Appendage Closure Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Left Atrial Appendage Closure Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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