Global Atrial Fibrillation (Afib) Market expected to grow at a CAGR of 13.26% during 2016-2021
Date: 18 October 2016
Rise in the atrial fibrillation cases combined with advancements in treatment devices have led to the growth in the AF Ablation market
According to the report titled “Global Atrial Fibrillation (Afib) Market (Non-Surgical/Catheter, Surgical- Mini Maze, Hybrid): Analysis By Region, By Country (2016-2021F)
– (By Procedures: Surgical Ablation- Mini Maze, Hybrid, Non-Surgical - Catheter; By Region-North America, Europe, APAC, ROW; By Country: U.S., Canada, UK, Germany, China, Japan)”, created through extensive primary research (interviews with key people from healthcare companies, stakeholders) and secondary research (premium databases, associations), Global Atrial Fibrillation Market is projected to exhibit a CAGR of over ~ 13.26% during 2016 – 2021, driven by the rising incidences of Atrial Fibrillation. On the basis of market segment, the market has been segmented into types of procedures which are surgical and non- surgical ablation procedures including catheter based ablation procedures along with hybrid and mini maze ablation procedures.
Atrial fibrillation is the most common types of arrhythmia (irregular heartbeat) that is known to cause complications such as blood clots, stroke, heart failure and other heart-related complications. An estimated 2.7 – 6.1 million people in the United States have atrial fibrillation as of 2015, majorly in the advanced ages.
Among the procedures, catheter based ablation procedures are gaining traction on account of advancement in technology, coupled with the favourable reimbursement approvals in developed countries.
Among the regions, North America remains the largest market in terms of revenue, while APAC region is expected to be the fastest growing region, due to the rise in the number of ablation procedures among the population, followed by ROW region. Key markets in Japan and China will continue to rise considering the growing approvals of treatment devices by their respective governments.
The “Global Atrial Fibrillation (Afib) Market (Non-Surgical/Catheter, Surgical- Mini Maze, Hybrid): Analysis By Region, By Country (2016-2021F)
– (By Procedures: Surgical Ablation- Mini Maze, Hybrid, Non-Surgical - Catheter; By Region-North America, Europe, APAC, ROW; By Country: U.S., Canada, UK, Germany, China, Japan)’’ has analysed the potential of Global Atrial Fibrillation Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Atrial Fibrillation market.