Atrial Fibrillation Market Size | Share | Industry Analysis 2022
The global Atrial Fibrillation Market size was valued at USD 1,945.6 million in 2021 and is poised to grow at a significant CAGR of 7.2% during the forecast period 2022-28. The atrial fibrillation market is fueled by the increased frequency of atrial fibrillation in elderly patients. Moreover, technological advancements also boost the atrial fibrillation market. Global atrial fibrillation market expansion is projected to be hampered by tight product approval rules.
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Hospital Segment Dominates the Atrial Fibrillation Market
The hospital segment generated the most income in 2021, owing to an increase in the usage of laser and radiofrequency ablation methods for catheter ablation. Moreover, increasing patient pool and increased technological advancements boost the growth of the segment.
The global atrial fibrillation market segmentation:
- By Type: Surgical, and Non-Surgical), By Technology (Radiofrequency, Laser, Cryotherapy, and Others
- By End User: Hospitals, Specialty Clinics, and Others
North America Leads Atrial Fibrillation Market
Because of the growing patient pool, technological improvements, and the availability of favorable insurance plans, North America atrial fibrillation is expected to have a considerable market share in the global market in the next years. Furthermore, an increasing number of patients with atrial fibrillation in European countries, appropriate rules enabling increased catheter use, and surgical ablation therapies for atrial fibrillation are all drivers driving the European atrial fibrillation surgery market.
Key player’s profiles in the atrial fibrillation market report are Johnson & Johnson Private Limited., Boston Scientific Corporation, Medtronic, BIOTRONIK SE & Co. KG, CardioFocus, Abbott, and Koninklijke Philips N.V.
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