Left Atrial Appendage (LAA) Closure Devices Market to Witness Comprehensive Growth by 2017 – 2025 : Persistence Market Research

Left atrial appendage (LAA) closure is a treatment which reduces the risk of entering left atrial appendage blood clots to the main blood stream. It reduces the chances of strokes and non-valvular atrial fibrillation (AF) in the patients. Left atrial appendage (LAA) closure device is also used to reduce the risk of thromboembolism. The left atrial appendage closure is normally done by a two types such as epicardial LAA closure devices and endocardial LAA closure devices. This device implantation is generally performed under anesthesia with trans-esophageal echo guidance (TEE). The left atrial appendage (LAA) closure devices are used with the blood thinning medications such as anticoagulants to increase the effectiveness of the devices in the patients.

The increasing incidences of the most common cardiac arrhythmia i.e. atrial fibrillation (AF) leads to the rising the left atrial appendage (LAA) closure procedures and propel the demand of the devices over the forecast period.

The global left atrial appendage (LAA) closure devices market is segmented on the basis of device type and distribution channel.

On the basis of type, the global left atrial appendage (LAA) closure devices market is segmented into:

Epicardial LAA Closure Devices
Endocardial LAA Closure Device

On the basis of facility center, the global left atrial appendage (LAA) closure devices market is segmented into:

Hospitals
Specialty Clinics
Ambulatory Surgical Centers

The global left atrial appendage (LAA) closure devices market is expected to register a significant CAGR over a forecast period. The increasing incidences of atrial fibrillation worldwide and heart strokes due to the drastic changes in the lifestyle are the major factors boost the demand for respective surgeries and left atrial appendage (LAA) closure devices and drives the growth of the global left atrial appendage (LAA) closure devices market. The increasing geriatric population and disorders due to hypertension and disturbed lifestyle habits such as smoking, eating habits also leads to the cardiovascular complications and anticipated to boost the demand for the left atrial appendage (LAA) closure procedure and devices, which drives the growth of the market. The advanced medical infrastructure and facilities also expected to propel the demand for advanced cardiovascular surgeries and left atrial appendage (LAA) closure devices, which drives the global left atrial appendage (LAA) closure devices market over a forecast period.

However, the higher cost of left atrial appendage (LAA) closure devices may hamper the growth of the global left atrial appendage (LAA) closure devices market. The disparity in the reimbursement policies in the developed and developing economies may also hinder the growth of the global left atrial appendage (LAA) closure devices market.

On the basis of regional presence, the global left atrial appendage (LAA) closure devices market is segmented into five key regions: North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa.

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The North America is dominating and contributed the leading shares to the global left atrial appendage (LAA) closure devices market in terms of revenue and expected to register a significant growth over a forecast period due to the awareness and increasing preference of advanced left atrial appendage (LAA) closure devices over conventional procedures. The Europe has also contributed the moderate shares and registered a healthy growth rate to the global left atrial appendage (LAA) closure devices market followed by North America. The APEJ has become the lucrative market for left atrial appendage (LAA) closure devices and anticipated to register significant shares over the forecast period due to the increasing prevalence of cardiovascular disorders and rinsing lifestyle disorders in the region. The rising geriatric population also anticipated to boost the LAA procedures and devices market in APEJ. The Latin America and MEA are at a nascent stage to the global left atrial appendage (LAA) closure devices market and expected to show a moderate growth over a forecast period.

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Some of the market players in left atrial appendage (LAA) closure devices Market globally include AtriCure, Inc., Boston Scientific Corporation, St. Jude Medical, LLC., Coherex Medical, Inc., Lifetech Scientific, Co. Ltd., SentreHEART, Inc. and Occlutech GmbH.

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