Technological Reverberations To Boost The Atrial Fibrillation Devices Market

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Atrial Fibrillation Devices Market
Report Id PMRREP31531 Category Life Science
Healthcare
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Technological Reverberations To Boost The Atrial
Fibrillation Devices Market

• Interventional electrophysiology devices have
  already had a significant impact on patients
  suffering from cardiac arrhythmias, and are being
  increasingly adopted as a permanent treatment
  option for atrial fibrillation. Procedures such
  as radiofrequency ablation, cryoablation, and
  cox-maze are well performed in todays practice.
• Recent studies have found cryoablation to be more
  effective than medical management, and it is
  widely used in medical surgical practice. The
  overall market is primarily driven by the growing
  prevalence of atrial fibrillation amongst the
  geriatric as well as adult population, and the
  adoption of minimally-invasive techniques for the
  permanent treatment of atrial fibrillation.
• Moreover, the use of innovative techniques,
  advancements in technology, and favorable
  reimbursement scenario are some other factors
  responsible for propelling the growth of
  the atrial fibrillation devices market.
• As such, the global atrial fibrillation devices
  market is estimated to be valued at US 3.9 Bn in
  2020, with the market expected to exhibit a
  healthy CAGR of more than 14 during the forecast
  period (2020-2030).

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New Product Launches Key Strategic Focus of
Market Players      
Product approvals by the FDA for new AF devices
are responsible for intense competition among
market players. Numerous organizations are
focusing on new product launches for
electrophysiology, especially for atrial
fibrillation. For instance, in August 2016,
Biosense Webster, Inc., a world leader in the
treatment and diagnosis of heart arrhythmias,
announced the launch of THERMOCOOL SMARTTOUCH SF
catheters with contact force technology and a
porous tip designed to optimize the treatment of
atrial fibrillation. Also, in January 2019,
Abbott announced FDA approval for the TactiCath
Contact Force Ablation Catheter. These winning
strategies by leading players in the atrial
fibrillation devices market are also being
followed by regional and local players.
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