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Atrial Fibrillation Market Growth Insights by Emerging Key Players Biotronik, Sanofi, Abbott, CardioFocus, Biosense Webster, AtriCure, Medtronic

10-12-2020 08:41 PM CET | Health & Medicine

Press release from: The Insight Partners

Atrial Fibrillation Market

Atrial Fibrillation Market

Atrial fibrillation also referred to as AFib or AF is a medical condition that causes irregular heartbeat (arrhythmia) and which can further lead to blood clots, stroke, heart failure and other heart-related complications.The global atrial fibrillation market is driven by factors such as include increasing prevalence of atrial fibrillation and rising awareness regarding atrial fibrillation are expected to boost the market growth over the years. However, high cost of atrial fibrillation devices and procedures is likely to have negative impact on the growth of the market in the coming years.

The Atrial fibrillation market was valued at US$ 6,446.08 million in 2019 and is expected to grow at a CAGR of 14.0% from 2020 to 2027 to reach US$ 18,085.96 million by 2027.

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The global Atrial Fibrillation Market, based on the treatment type, is segmented into non-pharmacological, and pharmacological. In 2019, the non-pharmacological accounted for the largest market share in the global atrial fibrillation market by treatment type owing to common use of surgical devices for the treatment of cardiac arrhythmias. Moreover, medications to treat atrial fibrillation are not always successful and hence non-pharmacological techniques are widely adopted. Thus, owing to these benefits and their wide acceptance of non-pharmacological techniques the non-pharmacological held the largest share in the market. The end user segment is segmented into hospitals, ambulatory surgical centers, and cardiac catheterization laboratories

Company Profiles

1. Boston Scientific Corporation
2. Medtronic
3. AtriCure, Inc
4. Biosense Webster, Inc.
5. BOEHRINGER INGELHEIM GMBH
6. CardioFocus
7. Abbott
8. Sanofi
9. Biotronik Inc.
10. Bristol-Myers Squibb Company

Atrial fibrillation, is the most common type of heart disorder, where the heart beats too fast, too slow, or in an irregular way. The Centers for Disease Control and Prevention (CDC) estimated that between 2.7 million and 6.1 million people are suffering from AFib in the United States. In 2017, around 166,793 death certificates mention AFib and was the main cause death in 26,077 deaths. Every year over 454,000 hospitalizations were due to AFib in the United States and every year about 158,000 deaths are due to atrial fibrillation.

Global Atrial Fibrillation Market – ByTreatment Type

Non – pharmacological
MAZE Surgery
Catheter Ablation
Electric Cardioversion
Pharmacological
Anti-arrhythmic Drugs
Anti-coagulant Drugs

Global Atrial fibrillation Market– By End User

Hospitals
Ambulatory Surgical Centers,
Cardiac Catheterization Laboratories

An outline of the regional analysis:

• Geographically, the report segments the Atrial Fibrillation market into North America, Europe, Asia-Pacific, Southeast Asia, Middle East and Africa, South America.
• Contribution of each region to the overall market share, along with their growth rate forecast are mentioned in the report.
• Total sales and revenue generated by each regional market are illustrated.
• Comprehensive assessment of all opportunities and risks in the Atrial Fibrillation market.

Atrial Fibrillation market recent innovations and major events.

• A detailed study of business strategies for the growth of the Atrial Fibrillation market-leading players.
• Conclusive study about the growth plot of the Atrial Fibrillation market for forthcoming years.
• In-depth understanding of Atrial Fibrillation market-particular drivers, constraints, and major micro markets.
• Favorable impression inside vital technological and market latest trends striking the Atrial Fibrillation market.

Additional highlights of the Atrial Fibrillation market report:

• The product offerings, company profiles, production patterns, and market remunerations are discussed at length.
• Pricing model followed by every company, plus their gross margins and market share are given.
• Volume predictions for each product category as well as their revenue share are graphed in the report.
• Other essentials such as market share and growth rate of each product category over the forecast timeframe are included.
• Market share held by each application segment and their projected growth rate during the study period are evaluated.
• The report examines the competition trends, and also offers a complete analysis of the industry supply chain.

Note: Access insightful study with over 150+ pages, list of tables & figures, profiling 10+ companies.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.

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