Europe Heart Closure Devices Market Size & Outlook
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Europe heart closure devices market highlights
- The Europe heart closure devices market generated a revenue of USD 401.4 million in 2023.
- The market is expected to grow at a CAGR of 12.6% from 2024 to 2030.
- In terms of segment, congenital heart defect (chd) closure was the largest revenue generating closure type in 2023.
- Left Atrial Appendage Closure (LAAC) is the most lucrative closure type segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 401.4 million |
| Market revenue in 2030 | USD 921.9 million |
| Growth rate | 12.6% (CAGR from 2023 to 2030) |
| Largest segment | Congenital heart defect (chd) closure |
| Fastest growing segment | Left Atrial Appendage Closure (LAAC) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Left Atrial Appendage Closure (LAAC), Patent Foramen Ovale (PFO) Closure, Congenital Heart Defect (CHD) Closure |
| Key market players worldwide | Abbott Laboratories, W.L. Gore & Associates, Boston Scientific Corp, Cardia, LifeTech Scientific Corp, Lepu Medical, AtriCure Inc, Occlutech, Heartstitch |
Other key industry trends
- In terms of revenue, Europe region accounted for 17.5% of the global heart closure devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 4,585.3 million by 2030.
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Heart Closure Devices Market Scope
Heart Closure Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Heartstitch | View profile | - | Fountain Valley, California, United States, North America | http://www.heartstitch.com/ |
| Occlutech | View profile | 51-100 | Helsingborg, Skane Lan, Sweden, Europe | http://www.occlutech.com |
| Cardia | View profile | 101-250 | Eagan, Minnesota, United States, North America | http://www.cardia.com/ |
| Lepu Medical | View profile | 10001+ | Changping, Beijing, China, Asia | http://en.lepumedical.com/ |
| W.L. Gore & Associates | View profile | 5001-10000 | Newark, New Jersey, United States, North America | http://www.gore.com |
| LifeTech Scientific Corp | View profile | 1446 | No. 22, Keji 12th Road South, LifeTech Scientific Building, High-tech Industrial Park, Shenzhen, China, People's Republic of, 518063 | http://www.lifetechmed.com |
| AtriCure Inc | View profile | 1200 | 7555 Innovation Way, Mason, OH, United States, 45040 | https://www.atricure.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Europe heart closure devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heart closure devices market will help companies and investors design strategic landscapes.
Congenital heart defect (chd) closure was the largest segment with a revenue share of 56.65% in 2023. Horizon Databook has segmented the Europe heart closure devices market based on left atrial appendage closure (laac), patent foramen ovale (pfo) closure, congenital heart defect (chd) closure covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Heart Closure Devices Closure Type Outlook (Revenue, USD Million, 2018-2030)
- Patent Foramen Ovale (PFO) Closure
- Left Atrial Appendage Closure (LAAC)
- Congenital Heart Defect (CHD) Closure
- PDA
- VSD
- ASD
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Target buyers of Europe heart closure devices market databook
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Our clientele includes a mix of heart closure devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe heart closure devices market, including forecasts for subscribers. This continent databook contains high-level insights into Europe heart closure devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe heart closure devices market report size, by country, 2018-2030 (US$M)
Europe Heart Closure Devices Market Share, 2023 & 2030 (US$M)
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