What is the global market size of PFO Amplatzer Market?

PFO Amplatzer Market is valued at USD 154.71 Million in 2021, and it is anticipated to attain a value of USD 337.76 Million by 2028, at a CAGR of 11.8% over the forecast period (2022-2028).

PFO Amplatzer Market Size, Share, Growth Analysis, By Type(Amplatzer PFO Occluder), By Application(Hospitals, Clinics, Other End Users), By Region - Industry Forecast 2024-2031

Report ID: SQSG35A2066 | Region: Global | Published Date: July, 2001
Pages: 221 | Tables: 61 | Figures: 61

PFO Amplatzer Market Insights

PFO Amplatzer Market size was valued at around USD 216.19 billion in 2022 and is expected to rise from USD 241.70 billion in 2023 to reach a value of USD 589.95 billion by 2031, at a CAGR of 11.80% over the forecast period (2024–2031).

The PFO amplatzer or amplatzer PFO occluder is a double-disc, self-expandable device built from a Nitinol wire mesh. Here, 2 discs are connected together by a small joining waist. The discs involves a slim polyester fabric in order to upsurge its closing ability. The polyester fabrics are then firmly sewn to each and every disc using a polyester thread. The device posseses a radiopaque marker band on the proximal and distal ends of the component. This device also contains a screw on the proximal end to permit deployment and delivery. The device is even sanitized with ethylene oxide.

US PFO Amplatzer Market is poised to grow at a sustainable CAGR for the next forecast year.

PFO Amplatzer Market Report Snapshots

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The PFO Amplatzer Market is highly consolidated, with the existence of limited number of major firms operating in both domestic and international markets. The industry's top players are embracing strategic collaboration initiatives to improve market share and profitability. Some of the major players in the market are Abbott, WL Gore and Associates, Cardia Inc., and Occlutech among others who are driving the market. 'Abbott (U.S.)', 'W. L. Gore & Associates (U.S.)', 'Occlutech (Switzerland)', 'Starway Medical Technology (U.S.)', 'Cardia Inc. (U.S.)', 'Lifetech Scientific Co. Ltd. (China)'

PFO Amplatzer market is significantly determined by the high occurrence of ischemic stroke. Stroke is the second most normal reason for death on the planet. As per the American Stroke Association, 2016, every year a greater number of than 795,000 individuals in U.S. experience the ill effects of stroke, of which around 87% of stroke are ischemic strokes. Growing adoption of way of life related risk factors, such as, smoking, liquor, drugs or sedentary way of life is supposed to surge the risk of stroke occurrence.

PFO Amplatzer Occluder demand is significantly determined by the high occurrence of ischemic stock. Stroke is the second most normal reason for death on the planet. Growing adoption of standard of living related risks, such as, smoking, liquor, drugs or sedentary way of life is supposed to surge the risk of stroke. Moreover, expanding number of congenital heart illness is supposed to push development of the PFO closure devices.

North America holds the dominant market share credited to the high occurrence of ischemic stroke in the region. Food consumption habits and changing lifestyle among consumers coupled with high disposable income is causing an growing percentage of cardiovascular diseases and heart attacks. These ailments are one of the key factors boosting the growth of the global PFO Amplatzers in the forecast timeframe.

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PFO Amplatzer Market Size, Share, Growth Analysis, By Type(Amplatzer PFO Occluder), By Application(Hospitals, Clinics, Other End Users), By Region - Industry Forecast 2024-2031

PFO Amplatzer Market Insights

PFO Amplatzer Market Report Snapshots

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