According to the latest report by IMARC Group, titled “Atrial Fibrillation Treatment Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global atrial fibrillation treatment market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 13.7% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Atrial fibrillation (AFib) refers to a type of cardiac condition in which irregular and rapid heart rate increase the risks of heart failure, stroke, and other heart-related complications. In this condition, the atrial chambers beat irregularly and out of coordination with the ventricle chambers of the heart, hence causing fatigue, shortness of breath, and heart palpitations. It may also lead to the formation of blood clots that can disrupt the blood flow to other organs. AFib can be treated with medications and other interventions to adjust the heart’s electrical impulses.
The rising prevalence of cardiovascular diseases (CVDs) is primarily propelling the market growth. Moreover, the escalating geriatric population who are more susceptible to such ailments is also providing a thrust to the market. Besides this, the increasing preferences for minimally invasive (MI) surgical procedures are further augmenting the demand for miniaturized surgical devices, remote nursing, and implant surgeries. Additionally, several technological advancements, such as the development of catheter ablation devices to remove damaged heart tissues and the introduction of innovative mapping and recording systems, are acting as another growth-inducing factor. Various other factors, including continuous improvements in the healthcare infrastructure and extensive R&D activities in the field of medical sciences, are projected to further drive the market in the coming years.
Atrial Fibrillation Treatment Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the atrial fibrillation treatment market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Abbott Laboratories ()
- Atricure Inc.
- Biotronik
- Boston Scientific Corporation
- Cardiofocus Inc.
- Hansen Medical Inc. (Auris Health)
- Johnson & Johnson
- Siemens Healthineers
- Stereotaxis Inc.
Key Market Segmentation:
The report has segmented the atrial fibrillation treatment market on the basis of disorder type, treatment type, end-user and region.
Breakup by Disorder Type:
- Paroxysmal Atrial Fibrillation
- Persistent Atrial Fibrillation
- Permanent Atrial Fibrillation
- Others
Breakup by Treatment Type:
- Medical Procedures
- Medications
Breakup by End-User:
- Hospitals
- Cardiac Labs
- Ambulatory Surgical Centers
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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