Atrial Fibrillation Market to Exhibit 13.26% CAGR to 2021 as Catheter Ablation Drives the AFib Industry Growth
PUNE, India, October 18, 2016 /PRNewswire/ --
According to research report, Global Atrial Fibrillation (AFib) Market (Non-Surgical/Catheter, Surgical- Mini Maze, Hybrid): Analysis By Region, By Country (2016-2021F), the industry is projected to exhibit a CAGR of over ~13.26% during 2016 - 2021.
Complete report on Atrial Fibrillation (Afib) market spread across 124 pages, analysing 8 major companies and providing 3 tables and 79 figures is now available at http://www.rnrmarketresearch.com/global-atrial-fibrillation-market-non-surgical-catheter-surgical-mini-maze-hybrid-analysis-by-region-by-country-2016-2021f-by-procedures-surgical-ablation-mini-maze-hybrid-non-surgical-catheter-by-r-na-japan-market-report.html.
Market for Afib is growing steadily on account of the rising number of Afib cases, which is caused by the lifestyle related diseases, such as hypertension, diabetes, obesity, and is gaining prominence among both adult and aged population. Rising cases of atrial fibrillation (Afib) among the population along with the growing focus on catheter ablation procedures has led to the growth of atrial fibrillation market
Among the segments, market is expected to be driven by catheter ablation procedures on account of the technological improvement leading to higher success rates among the patients.
While developed regions will continue to dominate the market in terms of revenue, emerging nations are expected to respond to the market optimistically due to the developing healthcare infrastructure, leading to increase in ablation centres and rising focus on healthcare among the growing middle class population.
Global Atrial Fibrillation Market is forecasted to grow at a CAGR of 13.26% during 2016 - 2021F, on account of rising Afib among the population. North America region remains the major market among all the regions. In the forecast period, APAC region will witness strong growth driven by the countries such as Japan and China. Order a Copy of Report at http://www.rnrmarketresearch.com/contacts/purchase?rname=723916.
Company profiling in this report are - St. Jude Medical, Medtronic, Boston Scientific Corporation, Atricure Inc., Cardiofocus Inc., Biosense Webster Inc., Biotronik and TZ Medical
Scope of the Report: The report provides Segmentation by Procedures: Surgical Ablation - Mini Maze, Hybrid; Non-Surgical - Catheter. The report provides coverage by Region: North America, Europe, Asia Pacific and ROW. The report provides coverage by Country: USA, Canada, UK, Germany, Japan and China.
Partial List of Figures and Tables provided in this research:
Table 1: Medicare Reimbursement for Endovascular and Open Ablation
Table 2: Medicare Reimbursement Rate for CY-2015& CY-2016
Table 3: 2015-2016 National Average Medicare Reimbursement
Figure 1: Global AF Ablation Market, By Value, Historic (2011-2015) in USD Billion
Figure 2: Global AF Ablation Market, By Value, Forecast (2016E-2021F) in USD Billion
Figure 3: Afib Patients in Western Europe in million
Figure 4: Afib Patients in United States in million
Figure 5: Global Afib Patients in million
Figure 6: The Benefit payable for MBS item number 38290 during 2011-12 & 2012-13
Another related report on Cardiovascular Device Market is Cardiac Medical Devices Market in the US 2016-2020; the analysts forecast cardiac medical devices market in the US to grow at a CAGR of 1.82% during the period 2016-2020. Atrial fibrillation (AF), a common type of heart arrhythmia, is a heart condition when the heart beats too fast or too slow or in an irregular way. An estimation done by the Centers for Disease Control and Prevention (CDC) in 2015 shows that in the US 2.7-6.1 million people were diagnosed with AF. It is most common in the older population, among people aged 60 years or above. This condition occurs when the heart's ability to function reduces and there is a malfunction in the electrical impulses in the heart, which leads to sudden cardiac arrest or heart failure. Key vendors: Boston Scientific, LivaNova, Medtronic and St. Jude Medical. Complete report available at http://www.rnrmarketresearch.com/cardiac-medical-devices-market-in-the-us-2016-2020-market-report.html.
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