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Left Atrial Appendage Closure Devices Market 2020 growth factors, latest trend and regional analysis of leading players by 2026

Author : Ronak Bora | Published Date : 2020-09-03 

Left Atrial Appendage Closure Devices Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Rising cases of patients suffering from atrial fibrillation has positively influenced global left atrial appendage closure device market trends. A recent study indicates that more than 2.3 million people in the U.S. suffer from atrial fibrillation which is linked to an increased risk of stroke and mortality. LAA closure devices are known to play an important role in reducing the risk of strokes.

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High geriatric population across the globe, prone to chronic diseases is another major factor supporting the demand for the product over time. According to reports, cardiovascular diseases in the U.S. affects more than 40 million people aged 60 and above. The introduction of technologically advanced solutions to treat atrial fibrillation has boosted left atrial appendage closure device market outlook over time.

According to Global Market Insights, Inc. report, left atrial appendage closure devices market is poised to depict an appreciable CAGR over 2020-2026.

Ambulatory surgery center also known as outpatient surgery center are the medical facilities that perform same-day surgeries where patients are discharged the same day after the surgical procedures. These facilities are getting a higher preference as patients get the convenience of surgical procedures being performed with utmost safety outside the hospital setting. Moreover, procedures performed in ambulatory surgery centers are very economical, can be scheduled easily and provide more personal attention to the patients.

Such numerous advantages have enabled the segment to showcase an appreciable growth in the ensuing years. For the record, ambulatory surgical centers segment in 2019, had registered over USD 92 million and is estimated to witness commendable growth in the upcoming years.

Middle East and Africa market had recorded a valuation of USD 7.5 million revenue in 2019 and is estimated to exhibit over 23% CAGR over the analysis timeframe. The growth can be attributed to rising incidences of heart diseases in various countries of the region.

Middle East has witnessed a rising number of cardiovascular diseases. Reportedly, one in five deaths in UAE result from cardiovascular diseases and one in four adults are prone to heart attack in Saudi Arabia. Though there has been a rise in awareness among the residents along with enhanced healthcare facilities which is likely to open growth avenues for the LAA closure devices market in the region.

Meanwhile, Latin America is also expected to stand tall in the regional hierarchy of LAA closure devices industry. Reports suggest that the regional market acquired a business share of USD 9.1 million in 2019 and is likely to grow at a CAGR of 24 per cent through 2026.

Undeniably, these trends have offered an impetus to the overall expansion of LAA closure devices market while establishing tremendous opportunities for various market vendors to brainstorm novel innovations and products in the business space over the forthcoming years. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/left-atrial-appendage-closure-devices-market

Partial Chapter of the Table of Content 

Chapter 4.    Left Atrial Appendage Closure Devices Market, By Product

4.1. Key segment trends

4.2. Endocardial LAA closure devices

4.2.1.    Market size, by region, 2015 – 2026 (USD Million)

4.2.2.    Market size, by region, 2015 – 2026 (Units)

4.3.    Epicardial LAA closure devices

4.3.1.    Market size, by region, 2015 – 2026 (USD Million)

4.3.2.    Market size, by region, 2015 – 2026 (Units)

Chapter 5.    Left Atrial Appendage Closure Devices Market, By Procedure

5.1.    Key segment trends

5.2.    Percutaneous

5.2.1.    Market size, by region, 2015 – 2026 (USD Million)

5.2.2.    Market size, by region, 2015 – 2026 (Units)

5.3. Surgical

5.3.1.    Market size, by region, 2015 – 2026 (USD Million)

5.3.2.    Market size, by region, 2015 – 2026 (Units)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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