The Infinium Global Research analyzes the Left Atrial Appendage Closure Device Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global left atrial appendage closure device market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of left atrial appendage closure device. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the left atrial appendage closure device market during the period. The global left atrial appendage closure device market is projected to grow at a CAGR of 30.6% over the forecast period of 2018-2024.
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The left atrial appendage is a small, ear-shaped sac in the muscle wall of the left atrium (top left chamber of the heart). When a patient has atrial fibrillation, the electrical impulses that control the heartbeat do not travel in an orderly fashion through the heart. Instead, many impulses begin at the same time and spread through the atria. The fast and chaotic impulses do not give the atria time to contract and/or effectively squeeze blood into the ventricles. Because the LAA is a little pouch, blood collects there and can form clots in the LAA and atria. When blood clots are pumped out of the heart, they can cause a stroke. The risk of blood clots can be averted through several options and devices for closure of the LAA.
Surge in Government Initiatives to Raise Public Awareness Related to Cardiovascular Diseases Boosts the Market Growth
The global market size of LAA closure device market was worth USD XX million and it is projected to reach to USD XX million by 2024. Rise in prevalence of atrial fibrillation in geriatric population to primarily drive the global LAA closure device market. Moreover, surge in government initiatives to raise public awareness related to cardiovascular diseases boosts the market growth. However, stringent government regulations towards LAA closure systems impede this growth. Technological advancements in LAA closure devices can further boost the LAA closure device market.
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North America Leads the Left Atrial Appendage Closure Device Market
Geographically, North America leads the LAA closure device market. Europe too holds significant market share in the LAA closure device market. Asia Pacific is expected to grow with highest CAGR owing to rapid development in healthcare infrastructure in developing countries of Asia Pacific. India, China and South East Asian countries are some of the emerging economies that are attractive markets for LAA closure devices.
Market Segments of Global Left Atrial Appendage Closure Device Industry
The report on global left atrial appendage closure device market covers segments such as, product type and end-user. On the basis of product type the global left atrial appendage closure device market is categorized into epicardial LAA closure device and endocardial LAA closure device. On the basis of end-user the global left atrial appendage closure device market is categorized into hospitals, heart clinics and ambulatory surgical centers.
Key Players in the Left Atrial Appendage Closure Device Industry
The report provides profiles of the companies in the global left atrial appendage closure device market such as, Boston Scientific, Coherex Medical, St Jude Medical, Articure, Dune Medical Devices, Sentreheart Inc., Abbott Laboratories and Lifetech Scientific (Shenzhen).
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the left atrial appendage closure device.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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