Market Data Forecast

Atrial Fibrillation, a Major Cause for Heart Failures. Paving Way for Atrial Fibrillation Surgery Market

The Global Atrial Fibrillation Surgery Market was worth USD 1.02 billion in 2016, and is expected to grow at a CAGR of 14%, to reach USD 1.98 billion by 2021.

 

Hyderabad, India -- (SBWIRE) -- 02/23/2018 -- The Atrial Fibrillation surgery market came into existence with the increased rate of heart failures and strokes in humans during recent times. The atria, being the blood receiver in the heart, may sometime result in an abnormal activity like a rapid motion or shake, which is referred as atrial fibrillation. For example, a normal heart with 60 to 100 beats per minute can increase up to 100 to 175 beats due to atrial fibrillation. As per the American Heart Association, of the people who faced heart strokes, atrial fibrillation is found close to 15 to 20 percent of total cases.

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The global atrial fibrillation surgery market is estimated to have a value of USD 1.02 billion in 2016. With a CAGR of 14%, the market size is expected to grow rapidly to cross USD 2 billion by 2022. The market growth apart from heart failures can be attributed to the increased health facilities at low cost and hassle-free treatments.

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The augmented use of Catheter ablation in surgical operations has led to their significant market share among atrial fibrillation surgery market products. The market analysis discloses that 35 percent of people who do not get treated for atrial fibrillation are likely to face heart strokes. According to estimates of Johns Hopkins Medicine, around 2.7 million Americans are having trouble with atrial fibrillation and most of them are opting for blood thinners to increase their life spans.
India alone accounts for more than a million atrial fibrillation cases and is mostly observed among the individuals over the age of 45 years. After it came into existence in 1749, Atrial fibrillation and atrial flutter have caused around 193, 300 deaths in 2015 across the globe. Owing to such deadly conditions, more emphasis was given to the development of surgical procedures in atrial fibrillation promoting the rapid growth of global atrial fibrillation surgery market.

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As of now, North America with its advanced cutting-edge technologies and sophisticated health care accounts for the largest share of global atrial fibrillation surgery market, followed by Europe and the Asia Pacific.

The major market contributors for the global atrial fibrillation surgery market are Medtronic, Inc., Cardiofocus , Biosense Webster, Inc., Cardima, Inc., Boston Scientific Corporation, Biotronik SE & Co, St. Jude Medical, Inc., Articure, Inc., and nContact, Inc.

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