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Key Trends Shaping the Future Heart Defect Closure Device Market From 2025-2034: Innovations In Self-Expanding, Double-Disc Occluders For Heart Defect Closure
Heart Defect Closure Device
The rising number of people with congenital heart problems is expected to boost the heart defect closure device market. Congenital heart defects, which are present at birth, are increasing due to genetic factors and maternal health issues. Heart defect closure devices offer minimally invasive solutions to seal abnormal heart openings, restoring blood flow and improving cardiac function. A study in the National Library of Medicine in October 2024 reported that the incidence of congenital heart defects rose to 5.46% in 2023, compared to 1.12% in 2020, highlighting the growing demand for heart defect closure devices.
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What is the future CAGR of the heart defect closure device market, and how will it impact industry expansion?
The heart defect closure device market has grown rapidly, expected to rise from $1.11 billion in 2024 to $1.27 billion in 2025 at a CAGR of 14.5%. Historical growth can be attributed to an increasing number of individuals with congenital heart issues, an aging population, rising health awareness, expanding R&D efforts, and advancements in catheterization techniques.
The heart defect closure device market is set for strong growth, reaching $2.17 billion in 2029 at a CAGR of 14.2%. Growth is attributed to rising congenital defect cases, 3D imaging adoption, and ischemic stroke prevalence. Trends include next-gen closure devices, increased PFO detection, and MRI-compatible solutions.
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What are the most significant trends transforming the heart defect closure device market today?
Companies in the heart defect closure device market are advancing self-expanding, double-disc occluders to offer minimally invasive solutions for sealing heart defects. These devices improve safety during procedures and reduce recovery times compared to traditional open-heart surgery. For instance, in September 2022, Abbott Laboratories introduced the Amplatzer Talisman PFO Occlusion System in Europe, which uses a self-expanding, double-disc occluder to close a patent foramen ovale (PFO) and prevent strokes, offering a minimally invasive approach.
Which key market segments comprise the heart defect closure device market and drive its revenue growth?
The heart defect closure device market covered in this report is segmented -
1) By Type: Atrial Septal Defect (ASD) Closure Device, Left Atrial Appendage (LAA) Closure Devices, Patent Foramen Ovale (PFO) Closure Devices, Patent Ductus Arteriosus (PDA) Closure Devices, Ventricular Septal Defect (VSD) Closure Devices
2) By Material: Nitinol-Based Devices, Stainless Steel Devices, Other Materials
3) By Mode Of Delivery: Transcatheter Delivery, Surgical Delivery, Other Modes
4) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Atrial Septal Defect (ASD) Closure Device: Occluder Devices (Septal Occluders), Implantable Patch Devices, Self-Expanding Devices, Balloon-Expandable Devices
2) By Left Atrial Appendage (LAA) Closure Devices: Occluder Devices (WATCHMAN Device), Clip-Based Devices, Self-Expanding LAA Closure Devices
3) By Patent Foramen Ovale (PFO) Closure Devices: Septal Occluders, Self-Expanding Occluders, Balloon-Expandable Occluders
4) By Patent Ductus Arteriosus (PDA) Closure Devices: Coil-Based Closure Devices, Stent-Based Closure Devices, Amplatzer Occluders
5) By Ventricular Septal Defect (VSD) Closure Devices: Septal Occluder Devices, Balloon-Expandable Occluders, Self-Expanding Occluders
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What regions are at the forefront of heart defect closure device market expansion?
North America was the largest region in the heart defect closure device market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the heart defect closure device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the heart defect closure device market?
Major companies operating in the heart defect closure device market are Abbott Laboratories, Medtronic, Koninklijke Philips N.V., Boston Scientific Corporation, Terumo Corporation, Edwards Lifesciences, W L Gore and Associates, B. Braun, BIOTRONIK SE & Co. KG, Lepu Medical Technology, Meril Life Sciences Pvt. Ltd., MicroPort Scientific Corporation, AtriCure Inc., LifeTech Scientific Corporation, Baylis Medical Company Inc., Biosense Webster Inc., Sahajanand Medical Technologies Limited, Occlutech, Cohere*x Medical Inc., Cardia Inc., Acrostak Corporation, Vivasure Medical, Transmural Systems Inc., Cormatrix Cardiovascular Inc., and St. Jude Medical LLC.
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What Is Covered In The Heart Defect Closure Device Global Market Report?
•Market Size Forecast: Examine the heart defect closure device market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the heart defect closure device market for a structured understanding.
•Key Players Overview: Analyze major players in the heart defect closure device market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the heart defect closure device market.
•Segment Contributions: Evaluate how different segments drive overall growth in the heart defect closure device market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the heart defect closure device market.
•Industry Challenges: Identify potential risks and obstacles affecting the heart defect closure device market.
•Competitive Landscape: Review strategic developments in the heart defect closure device market, including expansions, agreements, and new product launches.
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