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Atrial Fibrillation Global market Report 2024 – Market Size, Trends, And Market Forecast 2024-2033
The Business Research Company's Atrial Fibrillation Global Market Report 2024 – Market Size, Trends, And Market Forecast 2024-2033
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LONDON, GREATER LONDON, UNITED KINGDOM, October 8, 2024 /EINPresswire / -- The atrial fibrillation market has experienced robust growth in recent years, expanding from $12.02 billion in 2023 to $13.47 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to increasing awareness and screening programs, technological innovations in treatment, increasing healthcare expenditure, clinical research and drug development, genetic predisposition.
What Is The Estimated Market Size Of The Global Atrial Fibrillation Market And Its Annual Growth Rate?
The atrial fibrillation market is projected to continue its strong growth, reaching $21.66 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to focus on stroke prevention, patient and physician education programs, global initiatives for cardiovascular health, increasing electrophysiology procedures, customization of treatment plans, government initiatives for cardiovascular disease prevention.
Explore Comprehensive Insights Into The Global Atrial Fibrillation Market With A Detailed Sample Report:
Growth Driver Of The Atrial Fibrillation Market
The increase in the cardiovascular diseases is expected to drive the atrial fibrillation market forward. Cardiovascular diseases refer to a class of disorders affecting the heart and blood vessels, encompassing conditions such as coronary artery disease, heart failure, and arrhythmias, posing a significant risk to overall cardiovascular health. The surge in cardiovascular conditions underscores the growing demand for advanced diagnostic and treatment solutions, driving the atrial fibrillation market forward as healthcare systems and industries respond to the escalating challenges posed by the increasing incidence of these diseases.
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Which Market Players Are Steering The Atrial Fibrillation Market Growth?
Key players in the market include AtriCure Inc., Johnson & Johnson Private Limited, Abbott Laboratories, C.H. Boehringer Sohn AG & Co. KG, Biotronik Se & Co. Kg, Boston Scientific Corporation, Bristol-Myers Squibb Company, CardioFocus Inc., Sanofi S.A, Medtronic plc, Biosense Webster Inc., MicroPort Scientific Corporation, Siemens AG, Acutus Medical Inc., AEGEA Medical Inc., Apama Medical Inc., Aria CV Inc., Armetheon Inc., BioSig Technologies Inc., Cardialen Inc., CardioRobotics Inc., CardioInsight Technologies Inc., Circa Scientific LLC, CorWave SA, EpiEP Inc., Farapulse Inc., Fibralign Corporation, Impulse Dynamics NV, JenaValve Technology Inc., Kardium Inc.
What Are The Key Trends That Influence Atrial Fibrillation Market Size ?
Major companies in the atrial fibrillation market are launching technologically advanced products and solutions, such as a mapping catheter with unique technology, to strengthen their position in the market. Mapping catheter refers to a medical device used in electrophysiology procedures, particularly in the field of cardiac electrophysiology. These procedures involve the study of the electrical activity of the heart to diagnose and treat various cardiac arrhythmias or irregular heart rhythms.
How Is The Global Atrial Fibrillation Market Segmented?
1) By Type: Surgical, Non-Surgical
2) By Technology: Radiofrequency, Laser, Cryotherapy, Other Technologies
3) By Treatment Type: Pharmacological Treatment, Non-pharmacological Treatment, Maze Surgery, Electric Cardioversion
4) By End User: Hospitals, Electrophysiology Labs, Ambulatory Surgical Centers
Geographical Insights: North America Leading The Atrial Fibrillation Market
North America was the largest region in the market in 2023. Asia-Pacific is expected to be the fastest-growing region in the report during the forecast period. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Atrial Fibrillation Market Definition
Atrial fibrillation refers to a disorder of the heart caused by an abnormality in the normal sequence of electrical impulses that changes the rate or rhythm at which the heart beats and begins in the heart's upper chambers (atria). Electrical impulses can be too fast, too slow, or erratically occurring, resulting in irregular heartbeats.
Atrial Fibrillation Global Market Report 2024 from The Business Research Company covers the following information:
.Market size data for the forecast period: Historical and Future
.Macroeconomic factors affecting the market in the short and long run
.Analysis of the macro and micro economic factors that have affected the market in the past five years
.Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
.Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global atrial fibrillation market report covering trends, opportunities, strategies, and more
The Atrial Fibrillation Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on atrial fibrillation market size, atrial fibrillation market drivers and trends and atrial fibrillation market growth across geographies. This report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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The Business Research Company
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