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Global PFO Closure Device Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 96 pages | ID: G6183A06285FEN
APO Research

US$ 3,450.00

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Patent Foramen Ovale (PFO), A hole in your heart would seem to be the very definition of a “problem.” Yet more than a quarter of the population has one, and for most it causes no adverse health effects. In fact, the vast majority of those affected don’t even know it.

There are two kinds of holes in the heart. One is called an atrial septal defect (ASD), and the other is a patent foramen ovale (PFO). Although both are holes in the wall of tissue (septum) between the left and right upper chambers of the heart (atria), their causes are quite different. An ASD is a failure of the septal tissue to form between the atria, and as such it is considered a congenital heart defect, something that you are born with. Generally, an ASD hole is larger than that of a PFO. The larger the hole, the more likely there are to be symptoms.

According to APO Research, The global PFO Closure Device market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

The main market for PFO shut-off devices is Europe with approximately 55%, followed by North America with approximately 20%. Abbott, Occlutech and Starway are the leading manufacturers, with Abbott leading the world with about 70%. Non-degradable PFO Occluder is the main type, with a share about 93%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for PFO Closure Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PFO Closure Device.

The PFO Closure Device market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global PFO Closure Device market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Abbott
  • Occlutech
  • Starway
  • W. L. Gore & Associates
  • Cardia
  • LifeTech
PFO Closure Device segment by Type
  • Non-degradable
  • Degradable
PFO Closure Device segment by Application
  • Public Hospital
  • Private Hospital
PFO Closure Device Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global PFO Closure Device market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of PFO Closure Device and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of PFO Closure Device.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of PFO Closure Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of PFO Closure Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global PFO Closure Device Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global PFO Closure Device Sales Estimates and Forecasts (2019-2030)
1.3 PFO Closure Device Market by Type
  1.3.1 Non-degradable
  1.3.2 Degradable
1.4 Global PFO Closure Device Market Size by Type
  1.4.1 Global PFO Closure Device Market Size Overview by Type (2019-2030)
  1.4.2 Global PFO Closure Device Historic Market Size Review by Type (2019-2024)
  1.4.3 Global PFO Closure Device Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America PFO Closure Device Sales Breakdown by Type (2019-2024)
  1.5.2 Europe PFO Closure Device Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific PFO Closure Device Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America PFO Closure Device Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa PFO Closure Device Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 PFO Closure Device Industry Trends
2.2 PFO Closure Device Industry Drivers
2.3 PFO Closure Device Industry Opportunities and Challenges
2.4 PFO Closure Device Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by PFO Closure Device Revenue (2019-2024)
3.2 Global Top Players by PFO Closure Device Sales (2019-2024)
3.3 Global Top Players by PFO Closure Device Price (2019-2024)
3.4 Global PFO Closure Device Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global PFO Closure Device Key Company Manufacturing Sites & Headquarters
3.6 Global PFO Closure Device Company, Product Type & Application
3.7 Global PFO Closure Device Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global PFO Closure Device Market CR5 and HHI
  3.8.2 Global Top 5 and 10 PFO Closure Device Players Market Share by Revenue in 2023
  3.8.3 2023 PFO Closure Device Tier 1, Tier 2, and Tier

4 PFO CLOSURE DEVICE REGIONAL STATUS AND OUTLOOK

4.1 Global PFO Closure Device Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global PFO Closure Device Historic Market Size by Region
  4.2.1 Global PFO Closure Device Sales in Volume by Region (2019-2024)
  4.2.2 Global PFO Closure Device Sales in Value by Region (2019-2024)
  4.2.3 Global PFO Closure Device Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global PFO Closure Device Forecasted Market Size by Region
  4.3.1 Global PFO Closure Device Sales in Volume by Region (2025-2030)
  4.3.2 Global PFO Closure Device Sales in Value by Region (2025-2030)
  4.3.3 Global PFO Closure Device Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 PFO CLOSURE DEVICE BY APPLICATION

5.1 PFO Closure Device Market by Application
  5.1.1 Public Hospital
  5.1.2 Private Hospital
5.2 Global PFO Closure Device Market Size by Application
  5.2.1 Global PFO Closure Device Market Size Overview by Application (2019-2030)
  5.2.2 Global PFO Closure Device Historic Market Size Review by Application (2019-2024)
  5.2.3 Global PFO Closure Device Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America PFO Closure Device Sales Breakdown by Application (2019-2024)
  5.3.2 Europe PFO Closure Device Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific PFO Closure Device Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America PFO Closure Device Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa PFO Closure Device Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Abbott
  6.1.1 Abbott Comapny Information
  6.1.2 Abbott Business Overview
  6.1.3 Abbott PFO Closure Device Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Abbott PFO Closure Device Product Portfolio
  6.1.5 Abbott Recent Developments
6.2 Occlutech
  6.2.1 Occlutech Comapny Information
  6.2.2 Occlutech Business Overview
  6.2.3 Occlutech PFO Closure Device Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 Occlutech PFO Closure Device Product Portfolio
  6.2.5 Occlutech Recent Developments
6.3 Starway
  6.3.1 Starway Comapny Information
  6.3.2 Starway Business Overview
  6.3.3 Starway PFO Closure Device Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Starway PFO Closure Device Product Portfolio
  6.3.5 Starway Recent Developments
6.4 W. L. Gore & Associates
  6.4.1 W. L. Gore & Associates Comapny Information
  6.4.2 W. L. Gore & Associates Business Overview
  6.4.3 W. L. Gore & Associates PFO Closure Device Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 W. L. Gore & Associates PFO Closure Device Product Portfolio
  6.4.5 W. L. Gore & Associates Recent Developments
6.5 Cardia
  6.5.1 Cardia Comapny Information
  6.5.2 Cardia Business Overview
  6.5.3 Cardia PFO Closure Device Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Cardia PFO Closure Device Product Portfolio
  6.5.5 Cardia Recent Developments
6.6 LifeTech
  6.6.1 LifeTech Comapny Information
  6.6.2 LifeTech Business Overview
  6.6.3 LifeTech PFO Closure Device Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 LifeTech PFO Closure Device Product Portfolio
  6.6.5 LifeTech Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America PFO Closure Device Sales by Country
  7.1.1 North America PFO Closure Device Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America PFO Closure Device Sales by Country (2019-2024)
  7.1.3 North America PFO Closure Device Sales Forecast by Country (2025-2030)
7.2 North America PFO Closure Device Market Size by Country
  7.2.1 North America PFO Closure Device Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America PFO Closure Device Market Size by Country (2019-2024)
  7.2.3 North America PFO Closure Device Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe PFO Closure Device Sales by Country
  8.1.1 Europe PFO Closure Device Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe PFO Closure Device Sales by Country (2019-2024)
  8.1.3 Europe PFO Closure Device Sales Forecast by Country (2025-2030)
8.2 Europe PFO Closure Device Market Size by Country
  8.2.1 Europe PFO Closure Device Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe PFO Closure Device Market Size by Country (2019-2024)
  8.2.3 Europe PFO Closure Device Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific PFO Closure Device Sales by Country
  9.1.1 Asia-Pacific PFO Closure Device Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific PFO Closure Device Sales by Country (2019-2024)
  9.1.3 Asia-Pacific PFO Closure Device Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific PFO Closure Device Market Size by Country
  9.2.1 Asia-Pacific PFO Closure Device Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific PFO Closure Device Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific PFO Closure Device Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America PFO Closure Device Sales by Country
  10.1.1 Latin America PFO Closure Device Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America PFO Closure Device Sales by Country (2019-2024)
  10.1.3 Latin America PFO Closure Device Sales Forecast by Country (2025-2030)
10.2 Latin America PFO Closure Device Market Size by Country
  10.2.1 Latin America PFO Closure Device Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America PFO Closure Device Market Size by Country (2019-2024)
  10.2.3 Latin America PFO Closure Device Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa PFO Closure Device Sales by Country
  11.1.1 Middle East and Africa PFO Closure Device Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa PFO Closure Device Sales by Country (2019-2024)
  11.1.3 Middle East and Africa PFO Closure Device Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa PFO Closure Device Market Size by Country
  11.2.1 Middle East and Africa PFO Closure Device Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa PFO Closure Device Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa PFO Closure Device Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 PFO Closure Device Value Chain Analysis
  12.1.1 PFO Closure Device Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 PFO Closure Device Production Mode & Process
12.2 PFO Closure Device Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 PFO Closure Device Distributors
  12.2.3 PFO Closure Device Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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