Market Overview:
The global medical occluder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of congenital heart defects, rising geriatric population, and technological advancements in medical devices. Based on type, the global medical occluder market is segmented into PDA occluders, ASD occluders, VSD occluders, LAA Occluerss and PFO Occluderess. The PDA Occluderes segment is expected to account for the largest share of the global medical oclluder market in 2018 owing to its high usage rates for closure of patent ductus arteriosus (PDA). Based on application, the hospital segment is expected to account for the largest share of thge global medial oclluder market in 2018 owing its widespread use across various settings such as cardiac surgery units and intensive care units (ICUs).
Product Definition:
A medical occluder is a device that can be inserted into the body to block or close an opening. It may be used to stop bleeding, to prevent the spread of infection, or to keep material from leaking out of an opening.
PDA Occluder:
PDA occluder is a device used to reduce the outflow of fluid from an artery. It works by creating a physical barrier between the blood vessel and the camera, thereby reducing or eliminating light transmission through to the camera.
ASD Occluder:
ASD occluder is a device used to treat abnormal small-sized arteries and veins that may be causing problems during medical procedures. It's an effective solution for the treatment of vascular malformations, which are common in patients with Asperger syndrome. The product works by shrinking or closing off the affected blood vessels, thus reducing bleeding and pressure inside the head during brain surgery.
Application Insights:
Based on application, the global medical occluder 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 increasing number of surgeries and rising prevalence of chronic diseases that require long-term medical management. Furthermore, a rise in healthcare spending by governments as well as private organizations is expected to fuel demand for various devices over the forecast period.
The Clinic segment accounted for a significant share owing to factors such as high usage rates and favorable reimbursement policies that encourage clinics to purchase these devices from manufacturers at low costs or even free of cost under certain schemes run by national health agencies or social security systems within countries like Germany or Canada respectively.
Regional Analysis:
North America dominated the global market in 2017. The presence of key players, favorable reimbursement policies, and increasing healthcare expenditure are some factors driving regional growth. For instance, according to the Centers for Medicare & Medicaid Services (CMS), in 2016 hospitals received around USD X billion from Medicare for cardiac care and over USD X billion from Medicaid for pediatric congenital heart disease (CHD) procedures alone.
Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising medical tourism coupled with improving healthcare infrastructure in emerging countries such as India and China. In addition, an increase in per capita income levels will boost demand further due to a rise in consumer awareness about advanced treatment options available worldwide. Moreover, economic development has led to improvement of public health systems resulting into better diagnosis & management of various diseases including CHDs which is anticipated to drive regional growth during the forecast period – 2030 (estimated).
Growth Factors:
- Increasing incidence of cardiovascular diseases: The increasing incidence of cardiovascular diseases is one of the key growth drivers for the medical occluder market. According to a study by the World Health Organization (WHO), an estimated 17.5 million people died from cardiovascular diseases in 2012, accounting for 31% of all global deaths. This number is expected to increase to 23 million by 2030. This growing prevalence of cardiovascular diseases is expected to drive demand for medical occluders in the coming years.
- Rising geriatric population: The global geriatric population is growing at a rapid pace and this is expected to be a major driver for the medical occluder market in the coming years. As per estimates by United Nations, there were around 841 million people aged 60 or above in 2015 and this number is projected to reach 1.4 billion by 2030 and 2 billion by 2050 . This rising geriatric population will create significant demand for various types of medical devices and implants, including medical occluders, over the next few years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Occluder Market Research Report
By Type
PDA Occluder, ASD Occluder, VSD Occluder, LAA Occluder, PFO Occluder
By Application
Hospital, Clinic, Others
By Companies
St. Jude Medical, atHeart Medical, Comed BV, WEIGO, Lepu Medical, Lifetech Scientific, MicroPort, Gore Medical
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Medical Occluder Market Report Segments:
The global Medical Occluder market is segmented on the basis of:
Types
PDA Occluder, ASD Occluder, VSD Occluder, LAA Occluder, PFO Occluder
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, Others
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:
- St. Jude Medical
- atHeart Medical
- Comed BV
- WEIGO
- Lepu Medical
- Lifetech Scientific
- MicroPort
- Gore Medical
Highlights of The Medical Occluder 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:
- PDA Occluder
- ASD Occluder
- VSD Occluder
- LAA Occluder
- PFO Occluder
- By Application:
- Hospital
- Clinic
- Others
- 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 Medical Occluder 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.
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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
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- 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?
A medical occluder is a device that is inserted into the nose and used to block out air and prevent breathing. Occluders are often used during surgery to help keep the patient unconscious or sedated.
Some of the major players in the medical occluder market are St. Jude Medical, atHeart Medical, Comed BV, WEIGO, Lepu Medical, Lifetech Scientific, MicroPort, Gore Medical.
The medical occluder 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 Medical Occluder 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 Medical Occluder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Occluder 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 Medical Occluder 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 Medical Occluder Market Size & Forecast, 2020-2028
4.5.1 Medical Occluder Market Size and Y-o-Y Growth
4.5.2 Medical Occluder 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 PDA Occluder
5.2.2 ASD Occluder
5.2.3 VSD Occluder
5.2.4 LAA Occluder
5.2.5 PFO Occluder
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 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Occluder 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 Medical Occluder 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 PDA Occluder
9.6.2 ASD Occluder
9.6.3 VSD Occluder
9.6.4 LAA Occluder
9.6.5 PFO Occluder
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 Others
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 PDA Occluder
10.6.2 ASD Occluder
10.6.3 VSD Occluder
10.6.4 LAA Occluder
10.6.5 PFO Occluder
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 Others
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 PDA Occluder
11.6.2 ASD Occluder
11.6.3 VSD Occluder
11.6.4 LAA Occluder
11.6.5 PFO Occluder
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 Others
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 PDA Occluder
12.6.2 ASD Occluder
12.6.3 VSD Occluder
12.6.4 LAA Occluder
12.6.5 PFO Occluder
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 Others
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 PDA Occluder
13.6.2 ASD Occluder
13.6.3 VSD Occluder
13.6.4 LAA Occluder
13.6.5 PFO Occluder
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 Others
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 Medical Occluder Market: Competitive Dashboard
14.2 Global Medical Occluder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 St. Jude Medical
14.3.2 atHeart Medical
14.3.3 Comed BV
14.3.4 WEIGO
14.3.5 Lepu Medical
14.3.6 Lifetech Scientific
14.3.7 MicroPort
14.3.8 Gore Medical
