Middle East & Africa Heart Closure Devices Market Size & Outlook
Middle East & Africa heart closure devices market, 2018-2030 (US$M)
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MEA heart closure devices market highlights
- The MEA heart closure devices market generated a revenue of USD 28.7 million in 2023.
- The market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, left atrial appendage closure (laac) 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 28.7 million |
| Market revenue in 2030 | USD 56.8 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Left atrial appendage closure (laac) |
| 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, MEA region accounted for 1.3% 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 |
|---|
Middle East & Africa 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.
Left atrial appendage closure (laac) was the largest segment with a revenue share of 45.99% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
- Middle East & Africa 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 Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa heart closure devices market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa heart closure devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA heart closure devices market report size, by country, 2018-2030 (US$M)
Middle East & Africa Heart Closure Devices Market Share, 2023 & 2030 (US$M)
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