logo image
search icon
Global Left Appendage Occlusion Device Market

Left Appendage Occlusion Device Market Size, Share & Trends Analysis Report By Types (Endocardial LAA Devices, Epicardial LAA Devices), by Procedure (Percutaneous, Surgical), by End-User (Hospital, Ambulatory Surgical Centers, Other End-Users) Region And Segment Forecasts, 2023-2031.

Report ID : 1095 | Published : 2024-03-14 | Pages: 180 | Format: PDF/EXCEL

The Left Appendage Occlusion Device Market Size is valued at 960.0 Million in 2022 and is predicted to reach 5381.3 Million by the year 2031 at a 21.2 % CAGR during the forecast period for 2023-2031.

Left Appendage Occlusion Device Market

The left appendage occlusion device is used in procedures such as percutaneous transluminal left atrial appendage occlusion and thoracoscopic left atrial appendage closure. Left appendage occlusion device controls the electrical impulses during atrial fibrillation. During atrial fibrillation, blood clots are pumped out of the heart. This blood can form clots in the atria and LAA. This medical condition can cause a stroke. Left appendage occlusion device is an interventional device used to prevent stroke in atrial fibrillation. Left appendage occlusion device helps in reducing the risk of secondary stroke and emboli because of atrial fibrillation.

The global left appendage occlusion device market is expected to grow rapidly during the forecast period. Clinical evidence of the efficiency of left appendage occlusion devices compared to the standard therapeutic treatment such as warfarin and dabigatran increased awareness levels, and new product launches in new countries are key factors boosting the market growth. However, the complicated implantation procedures and need of experienced surgeons are restraining factors for the market. The stringent regulation procedures for the approval of devices are hindering the new product launches. The vendors focus on clinical trials for new product launches in the high potential market such as the US and the Asia Pacific.

Market Segmentation

The global left appendage occlusion device market is segmented on the basis of Types, Procedures, End-Users and region. Based on the Type, maket is devided into Endocardial LAA Devices and Epicardial LAA Devices. Secondly, as per produres, the market is segmented into Percutaneous, and Surgical. On the basis of End-User, the market is segmented into Hospitals, Ambulatory Surgical Centers, and Heart Clinics. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among that, North America held the largest share of the market, followed by Europe. On the other hand, Asia-Pacific is expected to dominate the market during the analysis of the forecast period.

Competitive Landscape

Some of The Key Players in The Left Appendage Occlusion Device Market:

  • Atricure
  • Biosense Webster
  • Boston Scientific
  • Abbott Laboratories
  • Aegis Medical
  • Cardia
  • Lifetech Scientific
  • Sentreheart
  • Other Prominent Players

The Left Appendage Occlusion Device Market Report Scope

Report Attribute

Specifications

Market Size Value In 2022

USD 960.0 Million

Revenue Forecast In 2031

USD 5381.3 Million

Growth Rate CAGR

CAGR of 21.2 % from 2023 to 2031

Quantitative Units

Representation of revenue in US$ Million and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Types, By Procedure, By End-User

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

Atricure, Biosense Webster, Boston Scientific, Abbott Laboratories, Aegis Medical, Cardia, Lifetech Scientific, and Sentreheart, and Others

Customization Scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and Available Payment Methods

Explore pricing alternatives that are customized to your particular study requirements.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Left Atrial Appendage Closure Devices Market Snapshot

Chapter 4. Global Left Atrial Appendage Closure Devices Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Industry Analysis – Porter’s Five Forces Analysis

4.6. Competitive Landscape & Market Share Analysis

4.7. Clinical Trial/Pipeline Analysis

4.8. COVID 19 Impact Analysis

Chapter 5. Left Atrial Appendage Closure Devices Market Segmentation 1: By Types Estimates & Trend Analysis

5.1. By Products & Market Share, 2020 & 2030

5.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Products:

5.2.1. Endocardial LAA Devices

5.2.2. Epicardial LAA Devices

Chapter 6. Left Atrial Appendage Closure Devices Market Segmentation 2: By Procedures Estimates & Trend Analysis

6.1. By Procedures & Market Share, 2020 & 2030

6.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Procedures:

6.2.1. Percutaneous

6.2.2. Surgical 

Chapter 7. Left Atrial Appendage Closure Devices Market Segmentation 4: By End-Users Estimates & Trend Analysis

7.1. By End-Users Analysis & Market Share, 2020 & 2030

7.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2020 to 2030 for the following By End-Users:

7.2.1. Hospital

7.2.2. Ambulatory Surgical Centers

7.2.3. Other End-Users

Chapter 8. Left Atrial Appendage Closure Devices Market Segmentation 5: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Products, 2019-2030

8.1.2. North America Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Procedures, 2019-2030

8.1.3. North America Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By End-Users, 2019-2030

8.1.4. North America Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2019-2030

8.1.4.1. U.S.

8.1.4.2. Canada

8.2. Europe

8.2.1. Europe Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) By Products, 2019-2030

8.2.2. Europe Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Procedures, 2019-2030

8.2.3. Europe Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) By End-Users, 2019-2030

8.2.4. Europe Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) by country, 2019-2030

8.2.4.1. Germany

8.2.4.2. Poland

8.2.4.3. France

8.2.4.4. Italy

8.2.4.5. Spain

8.2.4.6. UK

8.2.4.7. Rest of Europe

8.3. Asia Pacific

8.3.1. Asia Pacific Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) By Products, 2019-2030

8.3.2. Asia Pacific Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Procedures, 2019-2030

8.3.3. Asia Pacific Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) By End-Users, 2019-2030

8.3.4. Asia Pacific Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) by country, 2019-2030

8.3.4.1. China

8.3.4.2. India

8.3.4.3. Japan

8.3.4.4. Australia

8.3.4.5. Rest of Asia Pacific

8.4. Latin America

8.4.1. Latin America Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) By Products, (US$ Million) 2019-2030

8.4.2. Latin America Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Procedures, 2019-2030

8.4.3. Latin America Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) By End-Users, (US$ Million) 2019-2030

8.4.4. Latin America Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2019-2030

8.4.4.1. Brazil

8.4.4.2. Rest of Latin America

8.5. MEA

8.5.1. MEA revenue Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) By Products, (US$ Million) 2019-2030

8.5.2. MEA Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Procedures, 2019-2030

8.5.3. MEA revenue Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) By End-Users, (US$ Million) 2019-2030

8.5.4. MEA revenue Left Atrial Appendage Closure Devices Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2019-2030

8.5.4.1. South Africa

8.5.4.2. Rest of MEA

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles

9.2.1. Abbott Laboratories

9.2.2. ArtiCure, Inc.

9.2.3. Boston Scientific Corporation

9.2.4. Cardia, Inc.

9.2.5. Johnson & Johnson

9.2.6. Lifetech Scientific

9.2.7. Occlutech

9.2.8. SentriHEART, Inc.

9.2.9. Schnell Medical Corp.

9.2.10. Conformal Medical, Inc

9.2.11. Laminar, Inc. (laminarlaa.com)

9.2.12. Eclipse Medical (eclipse-med.com)

9.2.13. Vascular Innovations Co. Ltd.

9.2.14. Append Medical

9.2.15. List of Other Prominent Players

Global Left Appendage Occlusion Device Market Segmentation

Global Left Appendage Occlusion Device Market by Type

  • Endocardial LAA Devices
  • Epicardial LAA Devices

 

Left Appendage Occlusion Device Market

Global Left Appendage Occlusion Device Market Based on Procedures

  • Percutaneous
  • Surgical

Global Left Appendage Occlusion Device Market Based on End-User

  • Hospitals
  • Ambulatory Surgical Centers
  • Heart Clinics

Global Left Appendage Occlusion Device Market Based on Region

Europe

  • K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

North America

  • S.
  • Canada

Asia Pacific

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

 

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

user icon
office icon
mail icon
call icon

This website is secure, and we do not share your personal information with any third party. Privacy Policy

Need Customization
Need specific information/chapter from the report of the custom data table, graph or complete report? Tell us more.

Frequently Asked Questions

How big is the Left Appendage Occlusion Device Market size?

The Left Appendage Occlusion Device Market is expected to grow at a 21.2 % CAGR during the forecast period for 2023-2031.

Atricure, Biosense Webster, Boston Scientific, Abbott Laboratories, Aegis Medical, Cardia, Lifetech Scientific, and Sentreheart, and Others

Our Clients

  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo

Media Citations

  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo

Growth opportunities and latent adjacency in Medical Devices

Select Licence Type
$3986
$6786
$10000
$1200
Get Your GTM Strategy

Navigate market entry with channel selection, launch strategy & timeline, and pricing model support.

Equip yourself with the insights needed to develop a winning go-to-market strategy

Get real-time updates and joint control over project direction with our collaborative approach