Asia Pacific Heart Closure Devices Market Size & Outlook
Asia Pacific heart closure devices market, 2018-2030 (US$M)
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Asia Pacific heart closure devices market highlights
- The Asia Pacific heart closure devices market generated a revenue of USD 324.6 million in 2023.
- The market is expected to grow at a CAGR of 14% from 2024 to 2030.
- In terms of segment, congenital heart defect (chd) closure was the largest revenue generating closure type in 2023.
- Left Atrial Appendage Closure (LAAC) is the most lucrative closure type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 324.6 million |
| Market revenue in 2030 | USD 813.9 million |
| Growth rate | 14% (CAGR from 2023 to 2030) |
| Largest segment | Congenital heart defect (chd) closure |
| Fastest growing segment | Left Atrial Appendage Closure (LAAC) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Left Atrial Appendage Closure (LAAC), Patent Foramen Ovale (PFO) Closure, Congenital Heart Defect (CHD) Closure |
| Key market players worldwide | Abbott Laboratories, W.L. Gore & Associates, Boston Scientific Corp, Cardia, LifeTech Scientific Corp, Lepu Medical, AtriCure Inc, Occlutech, Heartstitch |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 14.1% of the global heart closure devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 4,585.3 million by 2030.
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Heart Closure Devices Market Scope
Heart Closure Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific heart closure devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heart closure devices market will help companies and investors design strategic landscapes.
Congenital heart defect (chd) closure was the largest segment with a revenue share of 57.95% in 2023. Horizon Databook has segmented the Asia Pacific heart closure devices market based on left atrial appendage closure (laac), patent foramen ovale (pfo) closure, congenital heart defect (chd) closure covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Heart Closure Devices Closure Type Outlook (Revenue, USD Million, 2018-2030)
- Left Atrial Appendage Closure (LAAC)
- Patent Foramen Ovale (PFO) Closure
- Congenital Heart Defect (CHD) Closure
- ASD
- PDA
- VSD
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Target buyers of Asia Pacific heart closure devices market databook
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Our clientele includes a mix of heart closure devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific heart closure devices market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific heart closure devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific heart closure devices market report size, by country, 2018-2030 (US$M)
Asia Pacific Heart Closure Devices Market Share, 2023 & 2030 (US$M)
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