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Published: Jul, 2014 | Pages:
78 | Publisher: Grand View Research
Industry: Healthcare | Report Format: Electronic (PDF)
The global market for atrial fibrillation procedures and products is expected to reach USD 16.17 billion by 2020 growing at a CAGR of 13.2%. Growing incidences of atrial fibrillation, strokes and brain damage due to blood clots coupled with a growing global base of geriatric population is expected to be a key driver for this market. Some of the other drivers of this market include the introduction of technological advancements in the fields of radiofrequency and microwave catheter ablation, growing demand for minimally invasive procedures and increasing prevalence of disease causing lifestyle habits such as smoking and excessive alcohol consumption. Pharmacological products for Atrial Fibrillation dominated the overall market in terms of revenue in 2013 at over 55.0%. Relatively low prices associated with these products and the use of anti-coagulants as an add-on therapy to non-pharmacological procedures, are some of the drivers of this segment.
Further key findings from the study suggest:
Regionally, North America occupied the largest share of the market, accounting for over 42% of the global revenue in 2013. Its large share is majorly attributed by the presence of high market penetration rates of non-pharmacological procedures and sophisticated reimbursement frameworks.
Asia Pacific is expected to register the highest CAGR of 15.3% during the forecast period. Growing demand for non-pharmacological treatments on account of constantly improving healthcare infrastructure, patient awareness and disposable income levels are some of the factors accounting for its rapid growth.
Radiofrequency catheter ablation procedures segment is expected to grow at the fastest CAGR of over 15% over the next six years owing to the optimal size of the lesion produced, better maneuverability to make tight bends inside the heart and the time required to produce a lesion. The less invasiveness, smaller incisions and faster recovery times of catheter ablation is expected to drive demand for non-pharmacological treatments.
Maze surgery occupied the second largest share of the non-pharmacological treatment market. This can be accounted for by the fact that in most cases it removes the need of life-long anti-coagulants based treatment while reducing occurrence of strokes.
Anti coagulants dominated the pharmacological treatment market on account of relatively higher success rates of AF treatment through reducing incidences of blood clot formation and strokes.
For the purpose of this study, Grand View Research has segmented the global atrial fibrillation market on the basis of fields of procedures and region:
Atrial Fibrillation Procedures Outlook
Pharmacological Products
Anti-arrhythmic Drugs
Anti-coagulant Drugs
Non-Pharmacological Treatment
Catheter Ablation Procedures
Radiofrequency
HIFU
Cryoablation
Microwave
Laser
Maze Surgery
Electric Cardioversion
Atrial Fibrillation Regional Outlook
North America
Europe
Asia Pacific
RoW
Table of Contents
Chapter 1. Executive Summary 1.1. Atrial fibrillation - Industry Summary & Critical Success Factors (CSFs) Chapter 2. Atrial fibrillation Industry Outlook 2.1. Market Segmentation 2.2. Market Size and Growth Prospects 2.3. Atrial fibrillation Market Dynamics 2.3.1. Market Driver Analysis 2.3.2. Market Restraint Analysis 2.4. Key Opportunities Prioritized 2.5. Industry Analysis - Porter's 2.6. Atrial fibrillation -Company Market Share Analysis, 2013 2.7. Atrial fibrillation Market PESTEL Analysis, 2013 Chapter 3. Atrial fibrillation Procedures Outlook 3.1. Pharmacological Drugs 3.1.1. Global Pharmacological Drugs for Atrial Fibrillation demand, (USD Million), 2012 - 2020 3.1.1.1. Global Pharmacological Drugs Market demand, (USD Million), 2012 - 2020 3.1.1.2. Anti-arrhythmic Drugs Market demand, (USD Million), 2012 - 2020 3.1.1.3. Anti-coagulant Drugs Market demand, (USD Million), 2012 - 2020 3.2. Non-Pharmacological Procedures 3.2.1. Global Catheter Ablation Procedures demand, (USD Million), 2012 - 2020 3.2.1.1. Radiofrequency Catheter Ablation demand, (USD Million), 2012 - 2020 3.2.1.2. HIFU Catheter Ablation demand, (USD Million), 2012 - 2020 3.2.1.3. Catheter Cryoablation demand, (USD Million), 2012 - 2020 3.2.1.4. Microwave Catheter Ablation demand, (USD Million), 2012 - 2020 3.2.1.5. Laser Catheter Ablation demand, (USD Million), 2012 - 2020 3.2.2. Global Maze Surgery demand, (USD Million), 2012 - 2020 3.2.3. Global Electric Cardioversion demand, (USD Million), 2012 - 2020 Chapter 4. Atrial fibrillation Regional Outlook 4.1. North America 4.1.1. North America atrial fibrillation market revenue by procedure, (USD Million), 2012 - 2020 4.2. Europe 4.2.1. Europe atrial fibrillation market revenue by procedure, (USD Million), 2012 - 2020 4.3. Asia Pacific 4.3.1. Asia Pacific atrial fibrillation market revenue by procedure, (USD Million), 2012 - 2020 4.4. RoW 4.4.1. RoW atrial fibrillation market revenue by procedure, (USD Million), 2012 - 2020 Chapter 5 Company Profiles 5.1 AtriCure Inc. 5.1.1 Company overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 Biosense Webster Inc. 5.2.1 Company overview 5.2.2 Product Benchmarking 5.2.3 Strategic Initiatives 5.3 Boehringer Ingelheim GmbH 5.3.1 Company overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 Boston Scientific Corporation 5.4.1 Company overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 Bristol- Myers Squibb Corporation 5.5.1 Company overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives 5.6 Cardio Focus Inc. 5.6.1 Company overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives 5.7 Endoscopic Technologies Inc. 5.7.1 Company overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 Sanofi Aventis 5.8.1 Company overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives 5.9 St. Jude Medical Inc. 5.9.1 Company overview 5.9.2 Financial Performance 5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives 5.10 Johnsons & Johnson Ltd 5.10.1 Company overview 5.10.2 Financial Performance 5.10.3 Product Benchmarking 5.10.4 Strategic Initiatives Chapter 6. Methodology and Scope 6.1. Research Methodology 6.2. Research Scope & Assumption 6.3. List of Data Sources List of Tables
Atrial fibrillation - Industry Summary & Critical Success Factors (CSFs) Global Atrial fibrillation Market,(USD Million), 2012 - 2020 Global Atrial fibrillation by Region, (USD Million), 2012 - 2020 Global Atrial fibrillation Market by Procedures, (USD Million), 2012 - 2020 Global AF Pharmacological Drugs Market, (USD Million), 2012 - 2020 Global Anti-arrhythmic Drugs Market, (USD Million), 2012 - 2020 Global Anti-coagulant Drugs Market, (USD Million), 2012 - 2020 Global AF Non-pharmacological procedures Market, (USD Million), 2012 - 2020 Global Catheter Ablation Market, (USD Million), 2012 - 2020 Global Maze Surgery Market, (USD Million), 2012 - 2020 Global Electric Cardioversion Market, (USD Million), 2012 - 2020 North America Atrial fibrillation Market by Procedures, (USD Million), 2012 - 2020 Europe Atrial fibrillation Market by Procedures, (USD Million), 2012 - 2020 Asia Pacific Atrial fibrillation Market by Procedures, (USD Million), 2012 - 2020 RoW Atrial fibrillation Market by Procedures, (USD Million), 2012 - 2020 List of Figures Atrial fibrillation Market Segmentation Global Atrial fibrillation Market Revenue, (USD Million), 2012 - 2020 Atrial fibrillation Market Dynamics Atrial fibrillation - Company Market Share Analysis, 2013 Key Opportunities Prioritized Industry Analysis - Porter's Atrial fibrillation PESTEL Analysis, 2013 Atrial fibrillation Market by Procedures, 2012 & 2020 Global AF Pharmacological Drugs by Region, (USD Million), 2012 - 2020 Global Anti-arrhythmic drugs demand, (USD Million), 2012 - 2020 Global Anti-coagulant drugs demand, (USD Million), 2012 - 2020 Global Non-pharmacological AF Procedures by Region, 2012 & 2020 Global Catheter Ablation demand , (USD Million), 2012 - 2020 Global Radiofrequency Catheter Ablation demand, (USD Million), 2012 - 2020 Global HIFU Catheter Ablation demand, (USD Million), 2012 - 2020 Global Catheter Cryoablation demand, (USD Million), 2012 - 2020 Global Microwave Catheter Ablation demand, (USD Million), 2012 - 2020 Global Laser Catheter Ablation demand, (USD Million), 2012 - 2020 Global Maze Surgery demand, (USD Million), 2012 - 2020 Global Electric Cardioversion demand, (USD Million), 2012 - 2020 Atrial fibrillation Market, by Region, 2012 & 2020 North America Atrial Fibrillation Market, (USD Million), 2012 - 2020 Europe Atrial Fibrillation Market, (USD Million), 2012 - 2020 Asia Pacific Atrial Fibrillation Market, (USD Million), 2012 - 2020 RoW Atrial Fibrillation Market, (USD Million), 2012 - 2020
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