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Left Atrial Appendage Closure Devices Market Size
- Report ID: GMI3960
- Published Date: Nov 2022
- Report Format: PDF
Left Atrial Appendage Closure Devices Market Size
Left Atrial Appendage Closure Devices Market size was worth over USD 1.4 billion in 2022. Driven by the expanding geriatric population with severe health concerns, the market is expected to witness significant growth at a 12.5% CAGR from 2023 to 2032.
Rising number of people suffering from atrial fibrillation is one of the main market drivers. The Centers for Disease Control and Prevention (CDC) states that atrial fibrillation is the leading diagnosis in approximately 454,000 hospital admissions and causes around 158,000 deaths in the U.S. each year.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Left Atrial Appendage Closure Devices Market Size in 2022: | 1.4 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 12.5% |
| 2032 Value Projection: | 4.5 Billion (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 201 |
| Tables, Charts & Figures: | 361 |
| Segments covered: | Product, Procedure, End-use, and Region. |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Furthermore, favorable government initiatives are raising awareness among patients with chronic diseases, including chronic atrial fibrillation, about the significance of maintaining overall health & wellness. Government agencies, including the WHO, World Heart Federation, and the American Heart Association, and industry participants have launched several campaigns to raise awareness about atrial fibrillation and the use of LAA closure devices, which is expected to push industry progress.
Frequently Asked Questions (FAQ) :
Left Atrial Appendage Closure Devices Market Scope
