Market Overview:
The global interatrial shunts market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of heart failure, rising geriatric population, and technological advancements in interatrial shunts devices. Based on type, the global interatrial shunts market is segmented into HFpEF and HFrEF. The HFpEF segment is expected to grow at a higher CAGR than the HFrEF segment during the forecast period. This growth can be attributed to factors such as increasing awareness about heart failure among patients and healthcare professionals, growing incidence of obesity and diabetes mellitus, and rising number of clinical studies on HFpEF therapies. Based on application, the global interatrial shunts market is divided into hospital-based and clinic-based segments.
Product Definition:
Interatrial shunts are a series of small openings between the atria of the heart. These shunts allow blood to flow between the atria, bypassing the ventricles. This helps to keep the pressure in each atrium relatively equal, and allows blood to circulate more freely through the heart. Interatrial shunts are important because they help maintain cardiac function and prevent congestion in one or both atria.
HFpEF:
High-frequency Early Endovascular Extracorporeal Electrocardiogram (HFpEF) is a type of atrial fibrillation. It’s the most common form of atrial fibrillation and affects around 2% to 5% of the population worldwide. The prevalence rate in developed countries is approximately 0.5%. In developing countries, it may be as high as 10%.
HFrEF:
HFrEF is a type of heart-lung machine. It's used to treat patients who are suffering from pulmonary and cardiac failure. The HFrEF device consists of a heart-lung machine, which provides support for the lungs and allows blood flow through the diseased heart to be recycled.
The global Interatrial Shunts market was valued at USD 648 million in 2016.
Application Insights:
Based on the application, the market is segmented into hospital, clinic and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high prevalence of atrial fibrillation that requires catheter ablation procedures for treatment. Moreover, increasing number of hospitals offering interatrial shunt surgery as an outpatient procedure is also expected to contribute towards industry growth over the forecast period.
The other application segment includes care centers and private practices that offer interatrial shunt procedures to patients outside hospitals or clinics setting thereby contributing towards low penetration rate compared to other segments.
Regional Analysis:
North America dominated the global interatrial shunts market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to favorable healthcare infrastructure, high adoption of advanced technologies, and rising prevalence of heart diseases & disorders in this region. Moreover, increasing government funding for R&D activities pertaining to cardiac care is also anticipated to boost growth over the forecast period.
In Asia Pacific, countries such as China and India are expected to exhibit lucrative growth over the next eight years owing to rapidly improving healthcare facilities & systems along with growing patient awareness levels regarding available treatment options for various heart diseases & disorders including atrial fibrillation (AF). In addition, a large population base suffering from AF is also estimated contribute towards regional market growth during same period. For instance; according To Asiacardiacs Inc.
Growth Factors:
- Increasing prevalence of heart diseases and other cardiac disorders
- Growing geriatric population susceptible to heart diseases
- Rising awareness about the benefits of interatrial shunts surgery
- Technological advancements in interatrial shunts devices and surgical techniques
- Availability of government funding for research on interatrial shunts
Scope Of The Report
Report Attributes
Report Details
Report Title
Interatrial Shunts Market Research Report
By Type
HFpEF, HFrEF
By Application
Hospital, Clinic, Other
By Companies
Corvia Medical Inc., V-Wave, Shanghai Shape Memory Alloy Co.,Ltd., Boston Scientific, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Interatrial Shunts Market Report Segments:
The global Interatrial Shunts market is segmented on the basis of:
Types
HFpEF, HFrEF
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corvia Medical Inc.
- V-Wave
- Shanghai Shape Memory Alloy Co.,Ltd.
- Boston Scientific
- Medtronic
Highlights of The Interatrial Shunts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HFpEF
- HFrEF
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Interatrial Shunts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Interatrial shunts are abnormal channels that allow blood to flow between the left and right atria of the heart. This can cause an increase in pressure in one or both chambers of the heart, which can lead to chest pain, shortness of breath, and even a stroke.
Some of the major players in the interatrial shunts market are Corvia Medical Inc., V-Wave, Shanghai Shape Memory Alloy Co.,Ltd., Boston Scientific, Medtronic.
The interatrial shunts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Interatrial Shunts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Interatrial Shunts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Interatrial Shunts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Interatrial Shunts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Interatrial Shunts Market Size & Forecast, 2020-2028
4.5.1 Interatrial Shunts Market Size and Y-o-Y Growth
4.5.2 Interatrial Shunts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 HFpEF
5.2.2 HFrEF
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Interatrial Shunts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Interatrial Shunts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 HFpEF
9.6.2 HFrEF
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 HFpEF
10.6.2 HFrEF
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 HFpEF
11.6.2 HFrEF
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 HFpEF
12.6.2 HFrEF
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 HFpEF
13.6.2 HFrEF
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Interatrial Shunts Market: Competitive Dashboard
14.2 Global Interatrial Shunts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corvia Medical Inc.
14.3.2 V-Wave
14.3.3 Shanghai Shape Memory Alloy Co.,Ltd.
14.3.4 Boston Scientific
14.3.5 Medtronic
