Press release
Global heart defect closure devices market is expected to witness a CAGR of 29.7% from 2020 to 2026
Global Heart Defect Closure Devices Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027Heart defect closure devices are used to close the defect or an opening between the right and left sides of the heart. The congenital heart defects are located in the wall between the upper chambers of the heart. The heart defect closure devices include atrial septal defect closure devices, ventricular septal defect closure devices, patent ductus arteriosus closure devices, patent foramen ovale closure devices, and left atrial appendage closure devices.
Rising incidence of heart attack and congenital heart defects is a key driving factor of the market. According to the World Health Organization (WHO), Heart attack and stroke are the cause of 85% of Cardiovascular diseases (CVDs) deaths globally. Every year, around 805,000 Americans have a heart attack and about 647,000 Americans die from heart disease each year. According to the British Heart Foundation, more than 100,000 heart attacks cases are registered in the UK. According to the Fondation de France, around 120,000 heart attacks cases occur in France every year. According to the Centers for Disease Control and Prevention, congenital heart defects (CHD) are the most common type of congenital disability in the United States, affecting nearly around 40,000 of births per year. According to the National Health Service, more than 6,000 babies are born with major congenital heart defects each year in the UK.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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Top key players @ Abbott, W. L. Gore and Associates, Occlutech International AB, Starway Medical Technology Inc., Lifetech Scientific, Boston Scientific Corp, MicroPort Scientific Corporation, Biosense Webster, Inc., Cardia, Inc., PFM medical ag, and Heartstitch.
Atrial Septal Defect Closure Devices, Ventricular Septal Defect Closure Devices, Patent Ductus Arteriosus Closure Devices, Patent Foramen Ovale Closure Devices, and Left Atrial Appendage Closure Devices is the type segment of the market scope. By end user, the market is divided into Hospitals, Clinics, and Others.The report covers valueof the global market by type and end user.
Atrial Septal Defect Closure Devices has shown significant growth in 2019, owing to the increasing technological development, studies conducted on atrial septal defect closure devices, the partnership between companies to develop and commercialize atrial septal defect closure devices, and commercialization of regulatory approved atrial septal defect closure devices.
North America, Europe, AsiaPacific, South America, and Middle East & Africa are taken into consideration at the global heart defect closure devicesvalue figures. While North America is further categorized into enhancing the United States, Canada, and Mexico, Europe is split into the United Kingdom, Germany, France, Italy, and Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and Rest of Asia Pacific in its scope. South America is bifurcated into Brazil, Argentina, and Rest of South America, with Middle East & Africa involvingGCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.
North America was dominating the global heart defect closure devices market in 2019, owing to the rising incidence of heart attack, and congenital heart defects (CHD). Moreover, the commercialization of new heart defect closure devices and increasing regulatory approval of heart defect closure devices are driving the demand of the North American market.
TABLE OF CONTENT:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst’s Viewpoints/Conclusions
15 Appendix
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