Press release
Elevated Prevalence Of Atrial Fibrillation Fuels Growth In The Left Atrial Appendage (LAA) Closure Device Market Driver: Leading Transformation in the Left Atrial Appendage Closure Device Market in 2025
Left Atrial Appendage Closure Device Market Outlook
The left atrial appendage closure device market will grow from $1.67 billion in 2024 to $2 billion in 2025, at a CAGR of 19.5%. The growth is attributed to the rising prevalence of atrial fibrillation, advancements in stroke prevention strategies, clinical evidence and research, minimally invasive alternatives, and a preference for non-pharmacological options.
The left atrial appendage closure device market is expected to reach $3.74 billion by 2029, fueled by the global burden of atrial fibrillation, stroke prevention efforts, and expanding patient awareness. Trends include percutaneous closure techniques, device design innovations, and minimally invasive approaches.
What Is Driving the Growth Trajectory of the Left Atrial Appendage Closure Device Market?
The rising prevalence of atrial fibrillation is expected to drive the growth of the left atrial appendage (LAA) closure device market. Atrial fibrillation, characterized by an irregular heartbeat, increases the risk of stroke. LAA closure devices help reduce stroke risk in patients with this condition. For instance, in October 2022, the Centers for Disease Control and Prevention reported that atrial fibrillation was the leading diagnosis in over 454,000 hospital admissions in the US annually. This growing prevalence of atrial fibrillation is driving the demand for LAA closure devices.
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Which Leading Companies Are Shaping the Growth of the Left Atrial Appendage Closure Device Market?
Major companies operating in the left atrial appendage closure device market report are Johnson And Johnson Pvt Ltd., Abbott Laboratories, Medtronic plc., Atrium Medical Corporation, Boston Scientific Corporation, Gore Medical Inc., Lepu Medical Technology Co. Ltd., MicroPort Scientific Corporation, AtriCure Inc., Dune Medical Devices Ltd., Lifetech Scientific Corporation, Sahajanand Medical Technologies Limited, Occlutech, Cardiva Medical Inc., Sentreheart Inc., Aegis Medical Group, coherex* Medical Inc., EndoStim Inc., Conformal Medical Inc., Cardia Inc., Medical Device Business Service Inc., Protaryx Medical, Append Medical Ltd., Vascular Innovations Co. Ltd., Vivasure Medical Inc., Atritech Inc., CardiaMed AB, Cardialen Inc., Kalila Medical Inc.
What Are the Emerging Trends in the Left Atrial Appendage Closure Device Industry?
Leading companies in the left atrial appendage closure device market are introducing innovative products like Watchman FLX to advance the treatment of non-valvular atrial fibrillation (NVAF) and offer an alternative to oral anticoagulation therapy. The Watchman FLX is a self-expandable device implanted in the left atrial appendage (LAA) to prevent blood clot formation. For instance, in September 2022, Boston Scientific Corporation, a US-based manufacturer, secured FDA approval for Watchman FLX to reduce the risk of stroke in patients with NVAF. Designed to be more flexible and easier to implant than its predecessors, this device expands accessibility for a broader patient base. It offers a safe and effective alternative for reducing stroke risk in NVAF patients who cannot take or struggle with oral anticoagulation therapy.
What Are the Key Segments of the Left Atrial Appendage Closure Device Market?
The left atrial appendage closure device market covered in this report is segmented -
1) By Product: Epicardial Left Atrial Appendage (LAA) Devices, Endocardial Left Atrial Appendage (LAA) Devices
2) By Procedure: Percutaneous, Surgical
3) By End-User: Hospital, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Epicardial Left Atrial Appendage (LAA) Devices: Suture-Based Closure Devices, Ligation-Based Closure Devices, Clip-Based Closure Devices
2) By Endocardial Left Atrial Appendage (LAA) Devices: Plug-Based Closure Devices, Disc-Based Closure Devices, Mesh-Based Closure Devices
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Which Region Dominates the Left Atrial Appendage Closure Device Market?
North America was the largest region in the left atrial appendage closure devices market in 2024. The regions covered in the left atrial appendage closure device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Left Atrial Appendage Closure Device Global Market Report?
- Market Size Analysis: Analyze the Left Atrial Appendage Closure Device Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Left Atrial Appendage Closure Device Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Left Atrial Appendage Closure Device Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Left Atrial Appendage Closure Device Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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