Atrial Fibrillation Surgery Market size was valued at USD 4.1 billion in 2024 and is expected to reach USD 33 billion by 2037, registering around 17.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of atrial fibrillation surgery is assessed at USD 4.67 billion.
The growth of the market can be attributed to the increasing number of people suffering from atrial fibrillation. According to reports, in the USA, 2.3 million people suffer from atrial fibrillation and this rate is projected to reach 5.6 million by the year 2050, with more than 50% of these individuals over the age of 80. Further, the advancements in technology in the field of atrial fibrillation surgery are expected to contribute to the growth of the market.
In addition to these, factors that are believed to fuel the market growth of atrial fibrillation surgery include the increased preference to use catheter ablation procedures and products to treat cardiac arrhythmias. Catheter ablation is used especially in conditions where medicines and drugs are not working. For instance, in August 2020, Abbott Laboratories, a manufacturer of healthcare products and medical devices introduced the TactiFlex PAF IDE ablation catheter, which is used to treat a patient suffering from irregular heartbeat, and paroxysmal atrial fibrillation. It has sensors enabled for patients with atrial fibrillation (AFib) symptoms that cannot be treated with medicine. Further, the reduced mortality rate and positive outcomes of atrial fibrillation surgery are predicted to boost market growth in the forecast period.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
17.4% |
Base Year Market Size (2024) |
USD 4.1 billion |
Forecast Year Market Size (2037) |
USD 33 billion |
Regional Scope |
|
Procedure (Catheter Ablation, Surgical Ablation, AV Node Ablation)
The global atrial fibrillation surgery market is segmented and analyzed for demand and supply by procedure into catheter ablation, surgical ablation, and AV node ablation. Out of the three types of atrial fibrillation surgery, the catheter ablation segment is estimated to gain the largest market share of about 38% in the year 2037. The growth of the segment can be attributed to the increasing effectiveness of catheter ablation procedures. This procedure is used to treat irregular heart rhythms especially when medicines and drugs seem to have no effect. This is considered a low-risk, minimally invasive, and highly precise treatment pathway. Catheter ablation has a 95% of success rate in the treatment of cardiac arrhythmias. Further, the new product launches by key players in the industry are also estimated to boost market growth. For instance, the TactiFlex PAF IDE ablation catheter was launched by Abbott Laboratories and is used to treat an irregular heartbeat. These factors are estimated to contribute to the growth of the segment in the forecast period.
End-user (Hospitals, Ambulatory Surgical Centers)
The global atrial fibrillation surgery market is also segmented and analyzed for demand and supply by end-user into hospitals, ambulatory surgical centers, and others. Among these three segments, the ambulatory surgical centers segment is expected to garner a significant share of around 40% in 2037. As a consequence of enhanced health infrastructure, availability of skilled labor, and affordability, the ambulatory surgical center segment is expected to see good growth. The rising patient pool and growing geriatric population suffering from lifestyle diseases, such as atherosclerosis and heart failure, are expected to propel the market. However, the advantages of minimally invasive surgeries ultimately lead to a growth in segments as opposed to conventional surgery. On January 2021, the Pathways organization has introduced a top membership program for ASCs, HST One. With the option of adding additional services as required, this membership program allows its end users to select from a selection of bundled popular products in which they themselves take part. The introduction of such differentiated services to ambulatory surgery centers increases the number of patients, which contributes to market growth. This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the coming years.
Our in-depth analysis of the global market includes the following segments:
By Procedure |
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By End User |
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North American Market Forecast
The market share of atrial fibrillation surgery in North America, amongst the market in all the other regions, is projected to be the largest with a share of about 32% by the end of 2037. The market's growth can be attributed majorly to the increasing technological advancements in the region's atrial fibrillation surgery field. Further, the growing prevalence of cardiac conditions in the aging population is another factor that is anticipated to boost market growth. For instance, out of 18.2 million adults, 6.7 % of the adult population is affected by coronary heart disease. It is also estimated that 51% of heart procedures are performed on adults who are 65 and above years of age. The availability of more favorable insurance coverage is also estimated to contribute to the growth of the market in the United States, given its presence of key players. The US Food and Drug Administration granted Boston Scientific Corporation approval of the WATCHMAN FLXLARGE Left Atrial Appendage Closure LAAC device, in July 2020, indicated to reduce the risk of stroke in patients with non-valvular atrial fibrillation (NVAF).
APAC Market Statistics
The Asia Pacific atrial fibrillation surgery market is estimated to be the second largest, registering a significant share by the end of 2037. The growth of the market can be attributed majorly to the increasing popularity of the use of minimum-invasive procedures in the region. Moreover, demand for the market is increasing due to rising healthcare costs. Furthermore, the technical advances in atrial fibrillation surgery have been considerable and this has raised the cure rate of patients. Growing obesity and heart disease rates across the region are also driving the atrial fibrillation industry. Additionally, heart disease is one of the leading causes of death worldwide. The number of people suffering from it is increasing exponentially due to a change in lifestyle. For these reasons, it is expected that the market for minimally invasive procedures increases as a result of advantages including reduced patient discomfort, injury, hospital stays, and faster recovery.
Europe Market Forecast
Further, the market in Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2037. The growth of the market can be attributed majorly to the increasing prevalence of atrial fibrillation conditions and a rise in general awareness of the same. Moreover, the increased healthcare expenditure and growing disposable income are estimated to contribute to the growth of the market in the forecast period.
Author Credits: Radhika Pawar
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