The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Atrial Fibrillation Global Market Report 2023, the atrial fibrillation market is expected to show significant growth in the forecast period.

Key insights from the atrial fibrillation market forecast include:

1. Market Size

The global atrial fibrillation market is expected to grow from $10.76 billion in 2022 to $12.07 billion in 2023, at a compound annual growth rate (CAGR) of 12.1%. The atrial fibrillation market size is expected to grow to $18.90 billion in 2027 at a CAGR of 11.9%.

2. Major Driver

The growing geriatric population will propel the atrial fibrillation industry ahead. According to the United Nations Department of Economic and Social Affairs’ September 2020 report, the population of 65 and over is expected to increase from 9.3% in 2020 to roughly 16.0% in 2050. Furthermore, according to a World Health Organisation factsheet published in October 2021, there will be 1.4 billion people over the age of 60 in the world by 2030, up from 1 billion in 2020. As a result, the expanding geriatric population is propelling the atrial fibrillation market forward.

View More On The Atrial Fibrillation Market Report 2023 – https://www.thebusinessresearchcompany.com/report/atrial-fibrillation-global-market-report

3. Key Trend

The primary trends gaining traction in the atrial fibrillation industry are technological advancements. Major healthcare companies are creating new technology to maintain their market position in the atrial fibrillation sector. For example, in October 2020, Biosense Webster, a US-based healthcare firm specialising in the diagnosis and treatment of cardiac rhythm disorders, got FDA approval for Thermocool Smarttouch Catheter, a new device for use in AFib patients. The newly approved technology has been demonstrated to be beneficial for persistent atrial fibrillation (AFib that lasts more than a week but less than a year

4. Largest Region

North America was the largest region in the atrial fibrillation market in 2022.

5. Major Players

Major players in the food diagnostics market are AtriCure Inc., Johnson & Johnson Private Limited, Abbott Laboratories, C.H. Boehringer Sohn AG & Co. KG, Biotronik Se & Co. KG, Boston Scientific Corporation, Bristol-Myers Squibb Company, Biotronik Inc., CardioFocus Inc., Sanofi S.A., Medtronic plc, Biosense Webster Inc., MicroPort Scientific Corporation, Siemens AG, and Pfizer Inc.

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Key Atrial Fibrillation Market Segments
The global atrial fibrillation market is segmented –
1) By Type: Surgical, Non-Surgical
2) By Technology: Radiofrequency, Laser, Cryotherapy, Other Technologies
3) By Treatment Type: Pharmacological Treatment, Non-pharmacological Treatment, Maze Surgery, Electric Cardioversion
4) By End User: Hospitals, Electrophysiology Labs, Ambulatory Surgical Centers

The Atrial Fibrillation Global Market Report 2023  provides an in-depth analysis on the atrial fibrillation market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the atrial fibrillation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Anticoagulants Global Market Report 2023
Wearable ECG Monitors Global Market Report 2023
Electrophysiology Devices And Equipment Global Market Report 2023

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