UAE Heart Closure Devices Market Size & Outlook, 2023-2030
UAE heart closure devices market, 2018-2030 (US$M)
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UAE heart closure devices market highlights
- The UAE heart closure devices market generated a revenue of USD 5.4 million in 2023 and is expected to reach USD 11.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 11.8% 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.
Heart closure devices market data book summary
| Market revenue in 2023 | USD 5.4 million |
| Market revenue in 2030 | USD 11.8 million |
| Growth rate | 11.8% (CAGR from 2023 to 2030) |
| Largest segment | Left atrial appendage closure (laac) |
| Fastest growing segment | Left Atrial Appendage Closure (LAAC) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UAE accounted for 0.2% of the global heart closure devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa heart closure devices market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 11.8 million by 2030.
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Heart Closure Devices Market Scope
Heart Closure Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 44.44% in 2023. Horizon Databook has segmented the UAE 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.
- UAE 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 UAE 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the UAE heart closure devices market, including forecasts for subscribers. This country databook contains high-level insights into UAE heart closure devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE heart closure devices market report size, by closure type, 2018-2030 (US$M)
UAE Heart Closure Devices Market Share, 2023 & 2030 (US$M)
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