News Feed Item

Global Left Atrial Appendage Closure Market to Grow at an Impressive CAGR of Over 33% Through 2021, Says Technavio

According to the latest market study released by Technavio, the global left atrial appendage (LAA) closure market is expected to grow at a CAGR exceeding 33% during the forecast period.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170112005394/en/

Technavio has published a new report on the global left atrial appendage (LAA) closure market from 2 ...

Technavio has published a new report on the global left atrial appendage (LAA) closure market from 2017-2021. (Graphic: Business Wire)

This research report titled ‘Global Left Atrial Appendage Closure Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This report also includes an up to date analysis and forecasts for various market segments and all geographical regions.

According to Barath Palada, a lead analyst at Technavio for medical imaging research, “The left atrial appendage market is expected to grow at a faster pace during the forecast period because of the growing population of elderly people and increasing incidence and prevalence of atrial fibrillation and strokes.”

Request a sample report: http://www.technavio.com/request-a-sample?report=55602

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

The market research analysis categorizes the global LAA closure market into three major end-user segments. They are:

  • Hospitals
  • ASCs
  • Heart clinics


Hospitals are the key end-users that influence the market growth of thrombectomy devices. Large hospitals such as multispecialty hospitals and hospital groups function under government sponsorship or through private ownerships. These hospitals offer many inpatient and outpatient services and generate higher revenues. They procure medical products and consumables in bulk and engage closely with many suppliers, reimbursement authorities, and government entities. They have advanced medical infrastructure and trained professionals to cater to the needs of people. There is a rise in the sales of LAA closure devices due to the increase in the number of atrial fibrillation procedures.

Although the number of mid-sized hospitals is higher than large hospitals, there are few LAA closure procedures being carried out at these hospitals, due to the complexity of the procedure and lack of trained professionals. Patients prefer large-sized hospitals to undergo complex cardiovascular procedures.


Ambulatory Surgical Centers (ASCs) are modern healthcare facilities that focus on providing same-day surgical assistance, including diagnostic and preventive procedures. ASCs minimize the indirect costs of surgeries, which lowers the overall expenditure when compared with hospitals. Many of these centers are a part of group purchasing organizations, which allow them to save on the material cost. This reduces the cost of systems and accessories used for peripheral artery disease (PAD) diagnosis. Moreover, these facilities also have limited risks of hospital-acquired infections when compared to hospitals.

“The ASCs have transformed the outpatient experience for millions of Americans by providing convenient services as alternatives to hospital-based outpatient procedures. They maintain a solid track of the quality care and positive patient outcomes,” says Barath.

Heart clinics

The presence of improved patient care, availability of hassle-free appointment rescheduling, and favorable reimbursement processing encourage people to undergo treatment in heart clinics. A 2016 report by the CDC estimated that in 2014, hospital outpatient visits amounted to 125.7 million, while visits to clinics were 928.6 million in the US.

The number of patient visits to heart clinics is increasing. This led hospitals to implement business models that involve their collaboration with physicians' offices for conversion into hospital-based providers. During left atrial appendage closure procedures, the hospitals receive less reimbursement when compared to heart clinics. The conversion of physicians' offices to outpatient departments using hospital's outpatient ambulatory payment classification structure increases the amount of technical fee. In this case, physicians have more benefits, as the number of patient visits to heart clinics for vascular closure keeps increasing.

The top vendors highlighted by Technavio’s healthcare and life sciences market research analysts in this report are:

  • AtriCure
  • Boston Scientific
  • Coherex Medical
  • St. Jude Medical

Browse Related Reports:

Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like patient monitoring devices, urology devices, and vaccines. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at [email protected].

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, John Jelinek IV, a web developer at Linux Academy, will discuss why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal ...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software securi...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
"There is a huge interest in Kubernetes. People are now starting to use Kubernetes and implement it," stated Sebastian Scheele, co-founder of Loodse, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Providing secure, mobile access to sensitive data sets is a critical element in realizing the full potential of cloud computing. However, large data caches remain inaccessible to edge devices for reasons of security, size, format or limited viewing capabilities. Medical imaging, computer aided design and seismic interpretation are just a few examples of industries facing this challenge. Rather than fighting for incremental gains by pulling these datasets to edge devices, we need to embrace the i...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walked through how Octob...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.