The Asia Pacific Left Atrial Appendage (LAA) Closure Device Market would witness market growth of 20.5% CAGR during the forecast period (2022-2028).
As with any surgical operation, the therapist or surgeon would inform patients of any potential risks and problems. These therapies will be reserved for patients whose risk for the procedure is lower than their risk of stroke or hemorrhage if the operation is not performed. The LARIAT operation requires catheters to be guided through the blood arteries to the left atrial appendage of the heart.
The catheters are used to strengthen the loop around the left atrial appendage's opening, thus separating it from the rest of the heart. A catheter delivers the umbrella-shaped WATCHMAN gadget to the heart. Once the catheter is positioned at the left atrial appendage's entrance, the WATCHMAN is installed in the LAA to prevent blood from accessing the LAA. Although formed differently, the AMPLATZER Cardiac Plug is implanted similarly to the WATCHMAN, likewise to restrict blood flow into the LAA.
In certain instances, the medical staff may consider removing the left atrial appendage. This needs open-heart surgery and is typically performed in conjunction with other procedures, like coronary bypass surgery and valve surgery. Atrial fibrillation (AF) is one of the most prevalent arrhythmias, affecting the majority of the population all over the world. Significant mortality and morbidity including stroke and heart failure, are associated with atrial fibrillation.
One of the major factors boosting the growth of the regional left atrial appendage closure devices market in the region is the increasing geriatric population. According to the World Health Organization's 2011 Census, India has 104 million elderly people (those aged 60 and above), accounting for 8.6% of the overall population, it is anticipated that by 2030, 34 countries will have over 20% of their population aged 65 or older. However, with a rise in the regional geriatric population, the instances of atrial fibrillation are estimated to rise and this factor is propelling the growth of the regional market.
The China market dominated the Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Country in 2021; thereby, achieving a market value of $300.1 million by 2028. The Japan market is anticipated to grow at a CAGR of 19.8% during (2022 - 2028). Additionally, The India market would otain a CAGR of 21.2% during (2022 - 2028).
Based on Application, the market is segmented into Geospatial Mapping, Disaster Management, Energy & Resource Management, Surveillance & Monitoring, and Others. Based on End User, the market is segmented into Government, Energy, Defense, Agriculture & Forestry, Media & Entertainment, Civil Engineering & Archaeology, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Left Atrial Appendage (LAA) Closure Device Market is Projected to reach USD 4 Billion by 2028, at a CAGR of 19.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Boston Scientific Corporation, AtriCure, Inc., Abbott Laboratories, Johnson & Johnson (Johnson & Johnson Services, Inc.), Occlutech Holding AG, LifeTech Scientific Corporation, Cardia, Inc. and Lepu Medical Technology Co., Ltd
Scope of the Study
Market Segments Covered in the Report:
By End-use
- Hospital
- Ambulatory Surgery Centers
- Others
By Product
- Endocardial LAA Devices
- Epicardial LAA Devices
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Boston Scientific Corporation
- AtriCure, Inc.
- Abbott Laboratories
- Johnson & Johnson (Johnson & Johnson Services, Inc.)
- Occlutech Holding AG
- LifeTech Scientific Corporation
- Cardia, Inc.
- Lepu Medical Technology Co., Ltd
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market, by Application
1.4.2 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market, by End User
1.4.3 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by End-use
3.1 Asia Pacific Hospital Market by Country
3.2 Asia Pacific Ambulatory Surgery Centers Market by Country
3.3 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Product
4.1 Asia Pacific Endocardial LAA Devices Market by Country
4.2 Asia Pacific Epicardial LAA Devices Market by Country
Chapter 5. Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Country
5.1 China Left Atrial Appendage (LAA) Closure Device Market
5.1.1 China Left Atrial Appendage (LAA) Closure Device Market by End-use
5.1.2 China Left Atrial Appendage (LAA) Closure Device Market by Product
5.2 Japan Left Atrial Appendage (LAA) Closure Device Market
5.2.1 Japan Left Atrial Appendage (LAA) Closure Device Market by End-use
5.2.2 Japan Left Atrial Appendage (LAA) Closure Device Market by Product
5.3 India Left Atrial Appendage (LAA) Closure Device Market
5.3.1 India Left Atrial Appendage (LAA) Closure Device Market by End-use
5.3.2 India Left Atrial Appendage (LAA) Closure Device Market by Product
5.4 South Korea Left Atrial Appendage (LAA) Closure Device Market
5.4.1 South Korea Left Atrial Appendage (LAA) Closure Device Market by End-use
5.4.2 South Korea Left Atrial Appendage (LAA) Closure Device Market by Product
5.5 Singapore Left Atrial Appendage (LAA) Closure Device Market
5.5.1 Singapore Left Atrial Appendage (LAA) Closure Device Market by End-use
5.5.2 Singapore Left Atrial Appendage (LAA) Closure Device Market by Product
5.6 Malaysia Left Atrial Appendage (LAA) Closure Device Market
5.6.1 Malaysia Left Atrial Appendage (LAA) Closure Device Market by End-use
5.6.2 Malaysia Left Atrial Appendage (LAA) Closure Device Market by Product
5.7 Rest of Asia Pacific Left Atrial Appendage (LAA) Closure Device Market
5.7.1 Rest of Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by End-use
5.7.2 Rest of Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Product
Chapter 6. Company Profiles
6.1 Boston Scientific Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Acquisition and Mergers:
6.1.5.2 Approvals and Trials:
6.1.6 SWOT Analysis
6.2 AtriCure, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Acquisition and Mergers:
6.3 Abbott Laboratories
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent strategies and developments:
6.3.5.1 Approvals and Trials:
6.3.6 SWOT Analysis
6.4 Johnson & Johnson (Johnson & Johnson Services, Inc.)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.4.5 SWOT Analysis
6.5 Occlutech Holding AG
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional Analysis
6.5.4 Research & Development Expenses
6.6 LifeTech Scientific Corporation
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.7 Cardia, Inc.
6.7.1 Company Overview
6.8 Lepu Medical Technology Co., Ltd
6.8.1 Company Overview
TABLE 1 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by End-use, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by End-use, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Hospital Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Hospital Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Ambulatory Surgery Centers Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Ambulatory Surgery Centers Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Product, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Product, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Endocardial LAA Devices Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Endocardial LAA Devices Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Epicardial LAA Devices Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Epicardial LAA Devices Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Country, 2022 - 2028, USD Million
TABLE 19 China Left Atrial Appendage (LAA) Closure Device Market, 2018 - 2021, USD Million
TABLE 20 China Left Atrial Appendage (LAA) Closure Device Market, 2022 - 2028, USD Million
TABLE 21 China Left Atrial Appendage (LAA) Closure Device Market by End-use, 2018 - 2021, USD Million
TABLE 22 China Left Atrial Appendage (LAA) Closure Device Market by End-use, 2022 - 2028, USD Million
TABLE 23 China Left Atrial Appendage (LAA) Closure Device Market by Product, 2018 - 2021, USD Million
TABLE 24 China Left Atrial Appendage (LAA) Closure Device Market by Product, 2022 - 2028, USD Million
TABLE 25 Japan Left Atrial Appendage (LAA) Closure Device Market, 2018 - 2021, USD Million
TABLE 26 Japan Left Atrial Appendage (LAA) Closure Device Market, 2022 - 2028, USD Million
TABLE 27 Japan Left Atrial Appendage (LAA) Closure Device Market by End-use, 2018 - 2021, USD Million
TABLE 28 Japan Left Atrial Appendage (LAA) Closure Device Market by End-use, 2022 - 2028, USD Million
TABLE 29 Japan Left Atrial Appendage (LAA) Closure Device Market by Product, 2018 - 2021, USD Million
TABLE 30 Japan Left Atrial Appendage (LAA) Closure Device Market by Product, 2022 - 2028, USD Million
TABLE 31 India Left Atrial Appendage (LAA) Closure Device Market, 2018 - 2021, USD Million
TABLE 32 India Left Atrial Appendage (LAA) Closure Device Market, 2022 - 2028, USD Million
TABLE 33 India Left Atrial Appendage (LAA) Closure Device Market by End-use, 2018 - 2021, USD Million
TABLE 34 India Left Atrial Appendage (LAA) Closure Device Market by End-use, 2022 - 2028, USD Million
TABLE 35 India Left Atrial Appendage (LAA) Closure Device Market by Product, 2018 - 2021, USD Million
TABLE 36 India Left Atrial Appendage (LAA) Closure Device Market by Product, 2022 - 2028, USD Million
TABLE 37 South Korea Left Atrial Appendage (LAA) Closure Device Market, 2018 - 2021, USD Million
TABLE 38 South Korea Left Atrial Appendage (LAA) Closure Device Market, 2022 - 2028, USD Million
TABLE 39 South Korea Left Atrial Appendage (LAA) Closure Device Market by End-use, 2018 - 2021, USD Million
TABLE 40 South Korea Left Atrial Appendage (LAA) Closure Device Market by End-use, 2022 - 2028, USD Million
TABLE 41 South Korea Left Atrial Appendage (LAA) Closure Device Market by Product, 2018 - 2021, USD Million
TABLE 42 South Korea Left Atrial Appendage (LAA) Closure Device Market by Product, 2022 - 2028, USD Million
TABLE 43 Singapore Left Atrial Appendage (LAA) Closure Device Market, 2018 - 2021, USD Million
TABLE 44 Singapore Left Atrial Appendage (LAA) Closure Device Market, 2022 - 2028, USD Million
TABLE 45 Singapore Left Atrial Appendage (LAA) Closure Device Market by End-use, 2018 - 2021, USD Million
TABLE 46 Singapore Left Atrial Appendage (LAA) Closure Device Market by End-use, 2022 - 2028, USD Million
TABLE 47 Singapore Left Atrial Appendage (LAA) Closure Device Market by Product, 2018 - 2021, USD Million
TABLE 48 Singapore Left Atrial Appendage (LAA) Closure Device Market by Product, 2022 - 2028, USD Million
TABLE 49 Malaysia Left Atrial Appendage (LAA) Closure Device Market, 2018 - 2021, USD Million
TABLE 50 Malaysia Left Atrial Appendage (LAA) Closure Device Market, 2022 - 2028, USD Million
TABLE 51 Malaysia Left Atrial Appendage (LAA) Closure Device Market by End-use, 2018 - 2021, USD Million
TABLE 52 Malaysia Left Atrial Appendage (LAA) Closure Device Market by End-use, 2022 - 2028, USD Million
TABLE 53 Malaysia Left Atrial Appendage (LAA) Closure Device Market by Product, 2018 - 2021, USD Million
TABLE 54 Malaysia Left Atrial Appendage (LAA) Closure Device Market by Product, 2022 - 2028, USD Million
TABLE 55 Rest of Asia Pacific Left Atrial Appendage (LAA) Closure Device Market, 2018 - 2021, USD Million
TABLE 56 Rest of Asia Pacific Left Atrial Appendage (LAA) Closure Device Market, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by End-use, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by End-use, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Product, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific Left Atrial Appendage (LAA) Closure Device Market by Product, 2022 - 2028, USD Million
TABLE 61 Key Information – Boston Scientific Corporation
TABLE 62 Key Information – AtriCure, Inc.
TABLE 63 Key Information – Abbott Laboratories
TABLE 64 Key Information – Johnson & Johnson (Johnson & Johnson Services, Inc.)
TABLE 65 Key Information – Occlutech Holding AG
TABLE 66 Key Information – LifeTech Scientific Corporation
TABLE 67 Key Information – Cardia, Inc
TABLE 68 Key Information – Lepu Medical Technology Co., Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Boston Scientific Corporation
FIG 3 SWOT Analysis: Boston Scientific Corporation
FIG 4 Swot analysis: Abbott laboratories
FIG 5 SWOT analysis: Johnson & Johnson