Atrial Fibrillation Surgery Market - Growth, Trends, and Forecast (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||921859|
|出版日期||內容資訊||英文 111 Pages
|全球心房纖維顫動手術市場:成長，趨勢，及預測(2020年∼2025年) Atrial Fibrillation Surgery Market - Growth, Trends, and Forecast (2020 - 2025)|
|出版日期: 2020年01月01日||內容資訊: 英文 111 Pages||
The market studied is majorly driven by the factor such as the rising prevalence of obesity and the growing burden of heart diseases across the globe. It has been indicated by the World Health Organization that obesity has been tripled in the world since 1975. Statistics from WHO suggest that during the year 2016, more than 1.9 billion adults, 18 years and older, were overweight. Of these over 650 million were obese. This accounts for 39% of adults being overweight and 13% among them being obese. During the year 2016, around 41 million children below age 5 years were obese or overweight.
In addition, heart diseases are the major cause of death across the globe and due to the changing lifestyle and stress, the number of people suffering from heart diseases is increasing rapidly. Due to the growing cases of heart patients, there is a rise in the number of cases of atrial fibrillation and this is posing a high burden of the economies of various countries as the cost of treatment is higher. Hence, owing to the aforementioned statements, the market studied is expected to grow in the forecast period.
As per the scope of the report, atrial fibrillation (AF) is a common abnormal heart rhythm that occurs when electrical impulses fire off from different places in the atria (the top chambers of the heart) in a disorganized way. The market is segmented by product, end-user, and geography.
Ambulatory Surgical Center Segment is expected to be the Fastest-Growing Segment over the Forecast Period
The ambulatory surgical center segment is expected to be the fastest-growing segment owing to the enhanced healthcare infrastructure, availability of skilled labor, and affordability. The rise in patient pool, owing to substantial growth in the geriatric population suffering from lifestyle diseases, such as atherosclerosis and heart failure, is expected to enhance revenue generations. Moreover, compared to conventional surgeries, the benefits of minimally invasive surgeries such as reduced surgical pain, injury, scarring, hospital stay, higher accuracy, and speedy recovery time are encouraging more patients to opt for MIS surgeries, which is expected to boost the market growth.
Furthermore, due to the rising burden of obesity, there is an increase in the number of people suffering from atrial fibrillation among such a population. Hence, it is believed that an increased prevalence of obesity is contributing to the growth of the market.
The United States Holds the Largest Share of the Market
The United States holds the largest share of the atrial fibrillation market. This is majorly attributed to a large number of people suffering from this disease in the country and the presence of key players. As per the statistics provide by the CDC (Centre for Disease Control and Prevention), there are around 2.7-6.1 million people in the United States have AFib and with the rising geriatric population, it is expected that this number will grow in the future. High blood pressure which is one of the leading causes of atrial fibrillation accounts for around 14% to 22% of all AFib cases in the country.
With the presence of key players in the country and availability of favorable insurance policies, people across the country are able to get the surgery done at low costs which are augmenting the growth of the market studied in the United States.
The market for atrial fibrillation is moderately competitive and consists of local as well as global companies. Most of the developed countries are being dominated by international players whereas, developing countries are witnessing the penetration of new entrants in the market. With the technological advancements and the focus of developing economies on improving the healthcare system, it is expected that more companies will enter the market and hold a substantial share in the future.