North America Atrial Fibrillation Market

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Analysis and Forecasts by Treatment Type (Non-pharmacological, Pharmacological); End User (Hospitals, Ambulatory Surgical Centers, Cardiac Catheterization Laboratories),  and Country


No. of Pages: 166    |    Report Code: TIPRE00009243    |    Category: Life Sciences

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North America Atrial Fibrillation Market

The North America Atrial Fibrillation market is expected to reach US$ 6,284.87 Mn by 2027 from US$ 2,285.69 Mn in 2019. The market is estimated to grow at a CAGR of 13.7% from 2020 to 2027.

 

The rise of the Atrial Fibrillation market is driven by factors such as the rising number of patients suffering with cardiovascular diseases and rising awareness towards cardiovascular disease. Restraining factor such as high cost of atrial fibrillation devices and procedures is likely to have negative impact on the growth of the market in the coming years.

 

Atrial fibrillation is among the most commonly occurring heart condition, which causes irregular and often abnormally fast heart rates, which can lead to the possibility of a stroke. A large number of populations across the globe are unaware of the symptoms associated with atrial fibrillation and hence remain untreated. For instance, Health Innovation Manchester in November 2018 raised awareness regarding Atrial Fibrillation and other innovative technologies to increase the detection of the disease as part of the Global AF Aware Week.

 

Other than bodies such as associations and organizations, companies in the market have also played an instrumental role in increasing the awareness regarding atrial fibrillation. For instance, Biosense Webster, a Division of Johnson & Johnson, launched two major initiatives as a part of the Global AF Aware Week, which falls between 18–24 November. As a part of the action named Get Smart About AFIB (GSAAF), the company entered into a strategic partnership with the Arrhythmia Alliance to increase knowledge of AF across the healthcare community and the general public. As awareness helps in improving the medical care needed for the treatment of atrial fibrillation, the market is expected to witness considerable growth during the forecast period

 

US is expected to dominate the market in the North America region, owing to the growing geriatric population and rising number of innovations in healthcare. Hence, considering the mentioned factors, the atrial fibrillation market is expected to grow at a significant pace in the US during the forecast period.


US Atrial Fibrillation Market Revenue and Forecasts to 2027 (US$ Mn)

US Atrial Fibrillation Market
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North America Atrial Fibrillation Strategic Insights

Strategic insights for the North America Atrial Fibrillation provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Atrial Fibrillation Report Scope

Report Attribute Details
Market size in 2019 US$ 2,285.69 Million
Market Size by 2027 US$ 6,284.87 Million
Global CAGR (2020 - 2027) 13.7%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Treatment Type
  • Non-pharmacological
  • Pharmacological
By End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Cardiac Catheterization Laboratories
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Boston Scientific Corporation
  • Medtronic
  • AtriCure, Inc
  • BOEHRINGER INGELHEIM GMBH, Inc
  • CardioFocus
  • Abbott
  • Sanofi
  • Bristol-Myers Squibb Company
  • Biotronik, Inc
  • Biosense Webster, Inc.
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    North America Atrial Fibrillation Regional Insights

    The geographic scope of the North America Atrial Fibrillation refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    North America Atrial Fibrillation - MARKET SEGMENTATION

     

    North America Atrial Fibrillation Market - By Treatment

    • Non – pharmacological
    • MAZE Surgery
    • Catheter Ablation
    • Electric Cardioversion
    • Pharmacological
    • Anti-arrhythmic Drugs
    • Anti-coagulant Drugs


    North America Atrial Fibrillation Market - By End User

    • Hospitals
    • Ambulatory Surgical Centers,
    • Cardiac Catheterization Laboratories

     

    North America Atrial Fibrillation Market - By Geography

    • North America

      • US
      • Canada
      • Mexico

     

    Company Profiles

    • Boston Scientific Corporation
    • Medtronic
    • AtriCure, Inc
    • BOEHRINGER INGELHEIM GMBH, Inc
    • CardioFocus
    • Abbott
    • Sanofi
    • Bristol-Myers Squibb Company
    • Biotronik, Inc
    • Biosense Webster, Inc.

     

    The List of Companies - North America Atrial Fibrillation Market

    The List of Companies - North America Atrial Fibrillation Market

     

    1. Boston Scientific Corporation
    2. Medtronic
    3. AtriCure, Inc
    4. BOEHRINGER INGELHEIM GMBH, Inc
    5. CardioFocus
    6. Abbott
    7. Sanofi
    8. Bristol-Myers Squibb Company
    9. Biotronik, Inc
    10. Biosense Webster, Inc.
    Frequently Asked Questions
    How big is the North America Atrial Fibrillation Market?

    The North America Atrial Fibrillation Market is valued at US$ 2,285.69 Million in 2019, it is projected to reach US$ 6,284.87 Million by 2027.

    What is the CAGR for North America Atrial Fibrillation Market by (2020 - 2027)?

    As per our report North America Atrial Fibrillation Market, the market size is valued at US$ 2,285.69 Million in 2019, projecting it to reach US$ 6,284.87 Million by 2027. This translates to a CAGR of approximately 13.7% during the forecast period.

    What segments are covered in this report?

    The North America Atrial Fibrillation Market report typically cover these key segments-

    • Treatment Type (Non-pharmacological, Pharmacological)
    • End User (Hospitals, Ambulatory Surgical Centers, Cardiac Catheterization Laboratories)

    What is the historic period, base year, and forecast period taken for North America Atrial Fibrillation Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Atrial Fibrillation Market report:

  • Historic Period : 2017-2018
  • Base Year : 2019
  • Forecast Period : 2020-2027
  • Who are the major players in North America Atrial Fibrillation Market?

    The North America Atrial Fibrillation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Boston Scientific Corporation
  • Medtronic
  • AtriCure, Inc
  • BOEHRINGER INGELHEIM GMBH, Inc
  • CardioFocus
  • Abbott
  • Sanofi
  • Bristol-Myers Squibb Company
  • Biotronik, Inc
  • Biosense Webster, Inc.
  • Who should buy this report?

    The North America Atrial Fibrillation Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Atrial Fibrillation Market value chain can benefit from the information contained in a comprehensive market report.