Heart Closure Devices Market - Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Closure Type (Congenital Heart Defect Closure{By Technique( ASD,PDA ,VSD)},PFO Closure, LAA Closure) By Region and Competition

Industry : Healthcare
Pages : NA
Published Date : NA

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Report Description

Forecast Period	2024-2028
Market Size (2022)	USD 2.54 billion
CAGR (2023-2028)	10.40%
Fastest Growing Segment	Congenital Heart Defect Closure
Largest Market	North America

Market Overview

Global Heart Closure Devices Market has valued at USD 2.54 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 10.40% through 2028. The global heart closure devices market encompassed a range of medical devices used to close structural defects in the heart. These defects can include atrial septal defects (ASDs), patent foramen ovale (PFO), and ventricular septal defects (VSD), among others. Heart closure devices are designed to provide a minimally invasive alternative to open-heart surgery for the treatment of these conditions. The global heart closure devices market has witnessed remarkable growth and transformation in recent years, driven by a combination of factors such as increasing cardiovascular diseases, advancements in medical technology, and a growing aging population. These devices are designed to address a wide range of cardiac conditions, offering minimally invasive solutions for closing structural defects in the heart, including atrial septal defects (ASDs) and patent foramen ovale (PFO). One of the key drivers of this market is the rising incidence of cardiovascular diseases, which remain a leading cause of mortality worldwide. Heart closure devices offer an attractive alternative to traditional open-heart surgeries, reducing recovery time, hospital stays, and overall healthcare costs. As a result, patients are increasingly seeking these less invasive procedures, spurring demand for these devices. Technological advancements have also played a pivotal role in shaping the heart closure devices market. Innovations in materials, design, and delivery systems have led to the development of more efficient and safer devices. The emergence of transcatheter devices, which can be deployed through a catheter, has revolutionized the field, making procedures even less invasive and lowering the risk of complications. Furthermore, the aging global population contributes to the growth of this market. As people age, the risk of developing structural heart defects increases, necessitating interventions such as closure devices. The geriatric demographic is thus a significant target market for these devices. The rising prevalence of congenital heart defects in both children and adults has driven the demand for heart closure devices. These devices offer a less invasive treatment option compared to traditional open-heart surgery.

Key Market Drivers

Technological Advancements:

Technological advancements have indeed played a crucial role in boosting the global market for heart closure devices. Heart closure devices are used in various cardiac procedures, such as atrial septal defect (ASD) closure and patent foramen ovale (PFO) closure. These devices are designed to treat structural heart defects and reduce the risk of stroke and other complications. Here's how technological advancements have contributed to the growth of this market .Advancements in materials and engineering have led to the development of more sophisticated and effective heart closure devices. Modern devices are often smaller, more flexible, and easier to implant, reducing the invasiveness of the procedures and improving patient outcomes Technological innovations have enabled the adoption of minimally invasive techniques for heart closure procedures. This includes the use of catheter-based approaches, which are less traumatic for patients and result in shorter recovery times. The integration of advanced imaging technologies, such as intracardiac echocardiography (ICE) and 3D imaging, allows physicians to visualize the heart's structures more accurately during closure procedures. This improves the precision of device placement and reduces the risk of complications. The development of biocompatible materials has made it possible to create heart closure devices that can remain in the body without causing adverse reactions. These materials enhance the durability and safety of the devices.Some modern heart closure devices are equipped with wireless monitoring capabilities. This allows healthcare providers to remotely track a patient's condition and device performance, leading to better post-procedure care. Technological advancements have also enabled the customization of heart closure devices to fit individual patient needs. This personalization enhances treatment outcomes and reduces the risk of device-related complications. The integration of data analytics and artificial intelligence (AI) in healthcare has improved patient selection and outcomes for heart closure procedures. AI algorithms can analyze patient data and predict the success of closure device placement.

Growing Aging Population

The global heart closure devices market has been experiencing a significant boost in recent years, thanks in large part to the growing aging population worldwide. This demographic shift has led to an increased prevalence of heart-related conditions, such as atrial septal defects (ASDs) and patent foramen ovales (PFOs), which often require the use of heart closure devices for treatment and management. One of the primary factors contributing to the surge in demand for heart closure devices is the aging population. As people age, they become more susceptible to a range of cardiovascular issues, including structural heart defects. These defects, which may have been present since birth or developed over time, can lead to serious health complications, such as stroke and heart failure. Therefore, the aging population has become a key driver in the growing need for heart closure procedures, creating a substantial market for these medical devices. The elderly are particularly prone to conditions like ASDs and PFOs, which necessitate intervention through heart closure devices. These structural abnormalities can result in the mixing of oxygenated and deoxygenated blood in the heart, leading to various health problems. As individuals age, these defects may become more pronounced and require medical attention. Consequently, the aging population represents a substantial patient base for heart closure procedures, stimulating the demand for advanced closure devices.

Furthermore, the elderly often face additional health challenges that may necessitate heart closure procedures. Age-related factors such as weakened heart muscles, increased risk of blood clots, and age-related arrhythmias can exacerbate the need for closure devices. Additionally, older patients may have a higher risk of complications during invasive surgical procedures, making minimally invasive techniques using heart closure devices a more attractive and safer option. Advancements in medical technology and the development of innovative heart closure devices have aligned perfectly with the needs of the aging population. These devices have evolved to become smaller, more precise, and easier to implant, reducing the invasiveness of procedures and improving outcomes for older patients. The integration of cutting-edge imaging technologies, such as intracardiac echocardiography (ICE) and 3D imaging, has enhanced the precision of device placement, which is crucial in the treatment of elderly patients with complex cardiac conditions.

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Preference for Minimally Invasive Procedures

The global heart closure devices market has witnessed significant growth due to several factors, and the preference for minimally invasive procedures is a key driver of this trend. Traditional heart surgeries often require large incisions and extensive tissue disruption, leading to longer recovery times and higher risks of complications. Minimally invasive procedures using closure devices involve smaller incisions or even catheter-based approaches, resulting in less trauma to the patient's body. This reduced invasiveness appeals to both patients and healthcare providers. Minimally invasive procedures generally lead to quicker recovery times compared to open-heart surgeries. Patients can return to their normal activities sooner, which is especially appealing to individuals with busy lifestyles and healthcare systems aiming to reduce hospital stays. With the advancements in heart closure devices, the risks of complications such as infection, bleeding, and scarring have significantly decreased. This improved safety profile is a major factor in the growing preference for minimally invasive approaches.

Patients often prefer procedures that are less invasive and result in minimal scarring. Minimally invasive heart closure devices provide a more aesthetically pleasing outcome, which can positively impact patient satisfaction and overall experience. Advancements in device design, materials, and deployment techniques have made minimally invasive heart closure devices more effective and user-friendly. These innovations have enhanced their performance and reliability. Minimally invasive procedures usually require shorter hospital stays, reducing the burden on healthcare facilities and allowing them to serve more patients efficiently. This is particularly important in healthcare systems facing capacity constraints. Although the initial costs of minimally invasive devices may be higher, the overall cost of care can be lower due to reduced hospitalization and post-operative care expenses. This cost-efficiency is a significant driver for both patients and healthcare providers.

Regulatory Approval and Clinical Trials

Regulatory approval and clinical trials are pivotal components of the global heart closure devices market. These processes are critical to ensuring the safety, effectiveness, and market viability of these medical devicesRegulatory approval and clinical trials are essential to demonstrate the safety and efficacy of heart closure devices. These trials provide valuable data on the device's performance, potential risks, and benefits, helping regulatory authorities make informed decisions. Regulatory approval is typically a mandatory step for heart closure device manufacturers to bring their products to market. This requirement acts as a barrier to entry, ensuring that only devices meeting rigorous safety and efficacy standards are made available to healthcare providers and patients. Companies that successfully navigate the regulatory approval process and conduct clinical trials can establish a competitive edge. Devices with documented safety and efficacy profiles are more likely to gain market acceptance, trust from healthcare professionals, and a competitive advantage over less-established products. The stringent requirements set by regulatory bodies stimulate innovation in heart closure device technology. Manufacturers invest in research and development to create safer, more effective, and minimally invasive devices that can meet the demanding criteria of clinical trials and regulatory authorities. Regulatory approval often opens doors to global markets. Once a device has received approval from one regulatory authority, it may become easier to seek approval in other regions, potentially expanding the device's market reach. Clinical trial results can significantly impact market dynamics. Positive trial outcomes can lead to increased adoption and market growth, while negative results may result in device recalls or limitations in use. Regulatory approval and successful clinical trials instill confidence in both patients and healthcare providers. This confidence can drive higher adoption rates, as patients are more likely to opt for devices with a proven safety and efficacy record. Regulatory approval processes also ensure that heart closure device manufacturers adhere to ethical and quality standards. This helps maintain the integrity of the market and safeguards patient interests. Regulatory authorities often require post-market surveillance to monitor the ongoing safety and performance of approved devices. This ensures that any potential issues are identified and addressed promptly.

Key Market Challenges

Reimbursement Issues

Reimbursement policies for heart closure procedures vary by region and country. Inconsistent reimbursement rates and coverage policies can affect the adoption of these devices. Manufacturers may face challenges in convincing healthcare systems to provide adequate reimbursement for their products, which can impact market growth. One of the primary problems lies in the variability of reimbursement policies across different healthcare systems. In some countries, heart closure devices may be covered under insurance plans or government-funded healthcare programs, making them more accessible to patients. However, in others, the coverage may be limited, leading to higher out-of-pocket expenses for individuals. This inconsistency creates disparities in patient access and can discourage patients from opting for these devices due to financial concerns. Furthermore, the process of securing reimbursement for heart closure devices can be cumbersome and time-consuming for healthcare providers.

High Development Costs

Developing and testing heart closure devices, particularly new and innovative ones, can be costly and time-intensive. Companies need to invest in research and development, clinical trials, and regulatory compliance, which can strain financial resources. Firstly, the rigorous regulatory requirements set by health authorities, such as the Food and Drug Administration (FDA) in the United States and the European Medicines Agency (EMA), necessitate extensive clinical trials and testing for heart closure devices. These trials are not only time-consuming but also involve substantial financial investments. Manufacturers must conduct long-term studies to demonstrate the safety and efficacy of their products, a process that incurs substantial expenses. Secondly, the development of innovative materials and technologies for heart closure devices demands substantial research and development (R&D) investments. Manufacturers need to stay at the forefront of medical technology to create devices that are not only effective but also minimally invasive and patient-friendly. The costs associated with R&D, including hiring specialized professionals and acquiring cutting-edge equipment, can be prohibitively high.

Adverse Events and Safety Concerns

As with any medical device, the occurrence of adverse events or safety concerns can have a significant impact on the market. High-profile safety issues can lead to regulatory scrutiny, product recalls, and reduced confidence in the technology. One of the primary safety concerns relates to device-related complications. While heart closure devices are designed to be minimally invasive and reduce the need for open-heart surgery, they are not without risks. Complications such as device migration, embolization, and tissue perforation have been reported, leading to serious health consequences for some patients. These adverse events can erode patient confidence in these devices and lead to increased scrutiny from regulatory agencies. In addition to device-specific complications, there are concerns about the long-term safety and durability of heart closure devices. Some patients may experience issues such as device erosion or thrombosis years after the initial implantation, necessitating additional procedures or interventions. This raises questions about the long-term benefits of these devices and the need for ongoing monitoring and follow-up.

Key Market Trends

Transcatheter Closure Devices

Transcatheter devices have revolutionized the field of heart closure. These devices can be deployed through a catheter, making procedures even less invasive and lowering the risk of complications. They offer a more precise and targeted approach, which is particularly beneficial for closing complex defects. As transcatheter technology continues to advance, it is expected to become the standard of care for many patients, further boosting market growth. techniques provide healthcare providers with real-time, high-definition images, enabling accurate device placement and reducing the risk of complications. Transcatheter closure devices have rapidly become the preferred approach for many cardiac interventions. These devices can be precisely delivered through a catheter, offering a targeted closure of structural heart defects. Their minimally invasive nature, coupled with improved outcomes, has established them as the standard of care for numerous patients, further solidifying their dominance in the market.

Minimally Invasive Procedures

One of the most significant trends driving the heart closure devices market is the shift towards minimally invasive procedures. Patients and healthcare providers increasingly prefer less invasive options to traditional open-heart surgeries. Heart closure devices, such as atrial septal defect (ASD) and patent foramen ovale (PFO) closure devices, allow for catheter-based interventions that avoid large surgical incisions. This trend is expected to continue as patients seek shorter hospital stays, faster recovery times, and reduced scarring. Patients today increasingly favor minimally invasive procedures over traditional open-heart surgeries. These procedures typically involve smaller incisions or catheter-based approaches, resulting in reduced pain, shorter hospital stays, quicker recovery times, and less scarring. This patient preference is a significant driver of the heart closure devices market. The continuous evolution of medical technology has significantly enhanced the capabilities of heart closure devices. Innovations in materials, design, and delivery systems have produced devices that are not only more effective but also safer. For example, the use of bioresorbable materials has improved biocompatibility, reducing the risk of long-term complications.

Segmental Insights

Closure Type Insights

Based on the closure type, the Left Atrial Appendage Closure (LAAC) segment emerged as the dominant player in the global market for Heart Closure Devices in 2022. This remarkable growth can be attributed to several key factors that underscore the rising prominence of LAAC procedures in the treatment of structural heart defects. Firstly, LAAC procedures have gained traction due to their effectiveness in reducing the risk of stroke in patients with atrial fibrillation (AFib). Elderly individuals are more likely to develop AFib and related conditions, making them ideal candidates for LAAC interventions. As the world's population continues to age, the demand for LAAC devices is expected to rise.

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Regional Insights

North America emerged as the dominant player in the global Heart Closure Devices market in 2022, holding the largest market share. This is on account of its advanced healthcare infrastructure, strong adoption of technology, and robust research and development activities. North America benefits from a robust healthcare infrastructure and advanced medical technology ecosystem. The region is home to leading healthcare providers, research institutions, and medical device manufacturers, all contributing to the development, adoption, and availability of innovative heart closure devices.

Recent Developments

In 2021, Vivasure Medica Ltd declared thlaunch of new product PerQseal Blue. This product variety is a large-bore vascular closure device utilized after the interventional cardiovascular procedures.
In 2021 the leading market player Abott Laboratories declared its acquisition of Walk Vascular, LLC and expanded its product portfolio of the peripheral vascular devoices.

Key Market Players

Gore & Associates, Inc.
Abbott Laboratories
AtriCure Inc.
Lifetech Scientific
Occlutech
Lepu Medical Technology (Beijing) Co., Ltd.
Heartstitch
SMT
Cardiac, Inc.
Boston Scientific Corporation

By Closure Type	By Region
CHD Closure PFO Closure LAA Closure	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Heart Closure Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Heart Closure Devices Market, By Closure Type:

o CHD Closure

o PFO Closure

o LAA Closure

Heart Closure Devices Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Kuwait

§ Turkey

§ Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Heart Closure Devices Market.

Available Customizations:

Global Heart Closure Devices market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

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Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Heart Closure Devices Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Closure Type (CHD Closure, PFO Closure, LAA Closure)

5.2.4. By Company (2022)

5.2.5. By Region

5.3. Market Map

6. North America Heart Closure Devices Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Closure Type (CHD Closure, PFO Closure, LAA Closure)

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Heart Closure Devices Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Closure Type

6.3.2. Mexico Heart Closure Devices Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Closure Type

6.3.3. Canada Heart Closure Devices Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Closure Type

7. Europe Heart Closure Devices Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Closure Type (CHD Closure, PFO Closure, LAA Closure)

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. France Heart Closure Devices Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Closure Type

7.3.2. Germany Heart Closure Devices Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Closure Type

7.3.3. United Kingdom Heart Closure Devices Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Closure Type

7.3.4. Italy Heart Closure Devices Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Closure Type

7.3.5. Spain Heart Closure Devices Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Closure Type

8. Asia-Pacific Heart Closure Devices Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Closure Type (CHD Closure, PFO Closure, LAA Closure)

8.2.4. By Country

8.3. Asia-Pacific: Country Analysis

8.3.1. China Heart Closure Devices Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Closure Type

8.3.2. India Heart Closure Devices Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Closure Type

8.3.3. South Korea Heart Closure Devices Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Closure Type

8.3.4. Japan Heart Closure Devices Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Closure Type

8.3.5. Australia Heart Closure Devices Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Closure Type

9. South America Heart Closure Devices Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Closure Type (CHD Closure, PFO Closure, LAA Closure)

9.2.4. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Heart Closure Devices Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Closure Type

9.3.2. Argentina Heart Closure Devices Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Closure Type

9.3.3. Colombia Heart Closure Devices Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Closure Type

10. Middle East and Africa Heart Closure Devices Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Closure Type (CHD Closure, PFO Closure, LAA Closure)

10.2.4. By Country

10.3. MEA: Country Analysis

10.3.1. South Africa Heart Closure Devices Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Closure Type

10.3.2. Saudi Arabia Heart Closure Devices Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Closure Type

10.3.3. UAE Heart Closure Devices Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Closure Type

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Recent Developments

12.2. Product Launches

12.3. Mergers & Acquisitions

13. PESTLE Analysis

14. Porter’s Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Product

15. Competitive Landscape

15.1. Business Overview

15.2. Company Snapshot

15.3. Product & Services

15.4. Financials (In case of listed companies)

15.5. Recent Developments

15.6. SWOT Analysis

15.6.1. Gore & Associates, Inc.

15.6.2. Abbott Laboratories

15.6.3. AtriCure Inc.

15.6.4. Lifetech Scientific

15.6.5. Occlutech

15.6.6. Lepu Medical Technology (Beijing) Co., Ltd.

15.6.7. Heartstitch

15.6.8. SMT

15.6.9. Cardiac, Inc.

15.6.10. Boston Scientific Corporation

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

What was the market size of the Global Heart Closure Devices Market in 2022?

The market size of the Global Heart Closure Devices Market was estimated to be USD 2.54 billion in 2022.

Who are the top players operating in the Global Heart Closure Devices Market in 2022?

Gore & Associates, Inc., Abbott Laboratories, AtriCure Inc., Lifetech Scientific, Occlutech Lepu Medical Technology (Beijing) Co., Ltd., Heartstitch, SMT, Cardiac, Inc., Boston Scientific Corporation., etc. are some of the key players operating in the Global Heart Closure Devices Market.

What are the challenges faced by the Global Heart Closure Devices Market in the upcoming years?

Stringent regulatory requirements for device approvals and growing concerns regarding the long-term durability and safety of closure devices pose a major challenge for the Global Heart Closure Devices market.

What are the major drivers for the Global Heart Closure Devices Market?

Increasing prevalence of cardiovascular diseases, the trend towards minimally invasive procedures, and continuous technological advancements in device design and materials, boost the demand for accelerometer sensors for monitoring and managing health conditions.

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Press Release

Global Heart Closure Devices Market to Grow with a CAGR of 10.40% through 2028

Sep, 2023

Growing prevalence of cardiovascular diseases, and rise in minimally invasive procedures, is expected to drive the Global Heart Closure Devices Market in the forecast period 2024-2028.