Global PFO Closure Device Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2031

Report ID: 953558 | Published Date: May 2024 | No. of Page: 112 | Base Year: 2023 | Rating: 4.1 | Webstory: Check our Web story

Patent Foramen Ovale (PFO), A hole in your heart would seem to be the very definition of a “problem.” Yet more than a quarter of the population has one, and for most it causes no adverse health effects. In fact, the vast majority of those affected don’t even know it.

There are two kinds of holes in the heart. One is called an atrial septal defect (ASD), and the other is a patent foramen ovale (PFO). Although both are holes in the wall of tissue (septum) between the left and right upper chambers of the heart (atria), their causes are quite different. An ASD is a failure of the septal tissue to form between the atria, and as such it is considered a congenital heart defect, something that you are born with. Generally, an ASD hole is larger than that of a PFO. The larger the hole, the more likely there are to be symptoms.
The main market for PFO shut-off devices is Europe with approximately 55%, followed by North America with approximately 20%.
Abbott, Occlutech and Starway are the leading manufacturers, with Abbott leading the world with about 70%.

Market Analysis and Insights: Global PFO Closure Device Market
In 2020, the global PFO Closure Device market size was US$ 115.6 million and it is expected to reach US$ 184.4 million by the end of 2027, with a CAGR of 6.9% during 2021-2027.
Global PFO Closure Device Scope and Market Size
PFO Closure Device market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global PFO Closure Device market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the PFO Closure Device market is segmented into
Amplatzer PFO Occluder
Other PFO Occluder

Segment by Application, the PFO Closure Device market is segmented into
Hospitals
Clinics
Other

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and PFO Closure Device Market Share Analysis
PFO Closure Device market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, PFO Closure Device product introduction, recent developments, PFO Closure Device sales by region, type, application and by sales channel.

The major companies include:
Abbott
Occlutech
Starway
W. L. Gore & Associates
Cardia
LifeTech

Frequently Asked Questions
PFO Closure Device report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
PFO Closure Device report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
PFO Closure Device report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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