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Left Atrial Appendage (LAA) Closure Device Market Size Continues to Grow with Predicted USD 8.2 billion by 2031 | CAGR of 21.0%

03-22-2023 10:22 AM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

Left Atrial Appendage Closure (LAAC) device

Left Atrial Appendage Closure (LAAC) device

Allied Market Research has published a study report with the title Left Atrial Appendage (LAA) Closure Device Market Size was Valued at USD 1.3 billion in 2021, and is Projected to Garner USD 8.2 billion by 2031, registering a CAGR of 21.0% from 2022 to 2031.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐‹๐ž๐Ÿ๐ญ ๐€๐ญ๐ซ๐ข๐š๐ฅ ๐€๐ฉ๐ฉ๐ž๐ง๐๐š๐ ๐ž ๐‚๐ฅ๐จ๐ฌ๐ฎ๐ซ๐ž (๐‹๐€๐€๐‚) ๐ƒ๐ž๐ฏ๐ข๐œ๐ž?

Left Atrial Appendage Closure (LAAC) device is a medical device designed to prevent blood clots from forming in the left atrial appendage (LAA) of the heart. The LAA is a small, ear-shaped pouch located in the left atrium of the heart that can potentially collect blood clots in people with certain heart conditions, such as atrial fibrillation (AFib). The LAAC device is usually implanted through a minimally invasive procedure using a catheter that is inserted through a small incision in the groin area and guided to the heart. The device is designed to seal off the LAA, preventing blood from entering and clotting within it. This can reduce the risk of stroke or other serious complications caused by blood clots.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/request-sample/3699

๐๐ซ๐ข๐ฆ๐ž ๐๐ž๐ญ๐ž๐ซ๐ฆ๐ข๐ง๐š๐ง๐ญ๐ฌ ๐จ๐Ÿ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก

Rise in number product approvals for atrial intervention, surge in atrial fibrillation, heart stroke cases, and hypertension-related diseases, and unhealthy lifestyle choices such as smoking drive the growth of the global left atrial appendage closure device market. In addition, rise in initiatives to raise awareness in untapped regions supplement the market growth. However, high cost of devices and availability of substitutes in the market restrain the growth. On the other hand, increase in adoption of cutting-edge technologies and improvement in implant effectiveness and procedural safety present opportunities in the market.

๐“๐จ๐ฉ ๐‹๐ž๐Ÿ๐ญ ๐€๐ญ๐ซ๐ข๐š๐ฅ ๐€๐ฉ๐ฉ๐ž๐ง๐๐š๐ ๐ž ๐‚๐ฅ๐จ๐ฌ๐ฎ๐ซ๐ž ๐ƒ๐ž๐ฏ๐ข๐œ๐ž
๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

โ€ข SentreHEART, Inc.
โ€ข Boston Scientific Corporation
โ€ข AtriCure, Inc.
โ€ข Abbott Laboratories
โ€ข Occlutech
โ€ข Lifetech Scientific Corporation
โ€ข Cardia, Inc.
โ€ข Aegis Medical Group
โ€ข Biosense Webster, Inc.
โ€ข Johnson & Johnson Services, Inc.

๐‹๐ž๐Ÿ๐ญ ๐€๐ญ๐ซ๐ข๐š๐ฅ ๐€๐ฉ๐ฉ๐ž๐ง๐๐š๐ ๐ž ๐‚๐ฅ๐จ๐ฌ๐ฎ๐ซ๐ž ๐ƒ๐ž๐ฏ๐ข๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐œ๐š๐ง ๐›๐ž ๐๐จ๐ง๐ž ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :

By Product

โ€ข Epicardial LAA Closure Devices
โ€ข Endocardial LAA Closure Devices

By End User

โ€ข Heart Clinics
โ€ข Hospitals
โ€ข Ambulatory Service Centers

Based on region, North America held the largest market share in 2021, accounting for nearly half of the global left atrial appendage closure device market, and is projected to maintain its dominance in terms of revenue during the forecast period. This is due to widespread acceptance of advanced left atrial appendage closure devices, rise in incidence of atrial fibrillation, and well-developed healthcare infrastructure.

However, Asia-Pacific is projected to grow at the largest CAGR of 22.2% from 2022 to 2031, owing to high preference and acceptance of advanced technologies in closure devices in medical facilities in the region.
Want to Explore more on Insights, Inquire for

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ข๐ฌ ๐ž๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐ญ๐ฎ๐๐ฒ: https://www.alliedmarketresearch.com/purchase-enquiry/3699

Key Benefits Of the Report:

โ€ข The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets.
โ€ข It offers a quantitative analysis which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
โ€ข Extensive analysis by product helps in understanding the various devices used for LAA closure.
โ€ข Comprehensive analysis of all geographical regions is provided, which helps in determining the prevailing opportunities.
โ€ข Key players are profiled and their strategies are analyzed thoroughly, which elucidates the competitive outlook of the global market.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

โ€ข Which are the driving factors responsible for the growth of market?
โ€ข Which are the roadblock factors of this market?
โ€ข What are the new opportunities, by which market will grow in coming years?
โ€ข What are the trends of this market?
โ€ข Which are main factors responsible for new product launch?
โ€ข How big is the global & regional market in terms of revenue, sales and production?
โ€ข How far will the market grow in forecast period in terms of revenue, sales and production?
โ€ข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โ€ข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โ€ข Which region has more opportunities?

Following is the list of TOC for the Left Atrial
Appendage Closure Device Market:

โ€ข Market Overview
โ€ข Study Scope and Definition
โ€ข Analysis
โ€ข Market Segments
โ€ข Covid-19 Impact
โ€ข Left Atrial Appendage Closure Device Market Trends and Growth Strategy
โ€ข Left Atrial Appendage Closure Device Market Player's Profiles
โ€ข Left Atrial Appendage Closure Device Market Production Forecast by Regions
โ€ข Analyst's Viewpoints/Conclusions
โ€ข Importance of Market Research Report

By Region Outlook

โ€ข North America
(U.S., Canada, Mexico)
โ€ข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โ€ข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โ€ข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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