Atrial Fibrillation Surgery Market Segmentation:
Procedure Segment Analysis
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 2035. 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 Segment Analysis
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 2035. 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:
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By Procedure |
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By End User |
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