Interatrial Shunt Device Market Size By Indication (Heart failure with reduced ejection fraction (HFrEF), Heart failure with reduced ejection fraction (HFrEF)), End-user (Clinics, Hospitals, Cardiac Centers, Others) Regional Forecast to 2021–2027
Report Description
The global Interatrial Shunt Device market size is estimated at USD 180.4 Thousand in 2020, expanding at a CAGR 3.2% from 2021-2027 to reach 270.1 Thousand USD in 2027.
Market Dynamics
The interatrial shunt is designed for minimally invasive administration towards the heart via catheter-based devices. The dime-sized device is inserted in the septal barrier between atrial lobes and allows blood to flow from the side to side ventricle. The machine is deployed following transseptal perforation of the semi-oval, placement of the shipping cannula into the chest cavity and deployment of the mitral valve disc, verification of the shipping catheter's right heart place, and deployment of the right heart disc so that the machine is secured from across atrial septum as well as sits cleanse on the mitral valve side. Increased pharmaceutical research throughout the world has resulted in pharmacologic breakthroughs that aid in the treatment of patients having heart disease because there has been a reduction in discharges with sacubitril/valsartan. Furthermore, the rising usage and need for different therapeutic approaches have aided the expansion of the worldwide interatrial shunt device industry. The interatrial shunt gadget manufactured by V-Wave technology by V-Wave Ltd with Corvia Medical Inc. is a current revolutionary interventional device therapy that has shown in preliminary and early testing. Alongside such improvements, the industry's growth potential tends to expand and introduce additional growth chances.
Regional Insights
Geographically, America is the largest producer to the interatrial shunt device industry and is expected to maintain its position during the anticipated time period due to the existence of a large elderly demographic and a large patient group with cardiac diseases. In the forecast time range, Europe is expected to be the second-largest interatrial shunt device industry. The growth of the interatrial shunt device industry in the area may be attributed to an increase in the number of cases of heart failure and other heart-related problems, as well as a growth in the frequency of cardiac surgeries in Europe. Nevertheless, the Asia-Pacific industry is expected to grow at a high pace over the forecast time window. This is mostly due to a growth in the quantity of cardiac medical centers, as well as advancements in the healthcare system, technology advancements, and growing public knowledge of the treatment options available in the industry.
Segment Insights
The Interatrial Shunt Device market is fragmented into the indication, and End-user, Based on the end-user, the global interatrial shunt device market is segmented on the basis of clinics, hospitals, cardiac centers, and others. Based on indication type the global Interatrial Shunt Device market indication segment is further segmented on the basis of Heart failure with reduced ejection fraction (HFrEF) and Heart failure with preserved ejection fraction (HFpEF).
Key Players Insights
The worldwide market is relatively fragmented, with a significant number of foreign and domestic companies present. Key companies are expected to focus on growth initiatives in order to increase the area position of the market, raise brand recognition, and enter emerging regions. These companies' primary goal is on improving their offerings in order to increase revenue and attract a larger client base. Some other key technique used by market actors to improve their market position is strategic partnerships.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Interatrial Shunt Devices by Indication, region, and End-user. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):
- V-Wave Ltd.
- SHANGHAI SHAPE MEMORY ALLOY CO., LTD.
- Tewksbury
- KMUTT
- Corvia Medical
- Others
Indication Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Heart failure with reduced ejection fraction (HFrEF)
- Heart failure with reduced ejection fraction (HFrEF)
End-user Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Clinics
- Hospitals
- Cardiac Centers
- Others
Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain, etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)
Table Of Content
TABLE OF CONTENT
1. Interatrial Shunt Device Market Overview
1.1. Product Overview and Scope of Interatrial Shunt Device
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Interatrial Shunt Device Market Size Growth Rate Analysis by Indication 2020 VS 2027
1.3.1. Heart failure with reduced ejection fraction (HFrEF)
1.3.2. Heart failure with reduced ejection fraction (HFrEF)
1.4. Global Interatrial Shunt Device Consumption Comparison by End-User: 2020 VS 2027
1.4.1. Clinics
1.4.2. Hospitals
1.4.3. Cardiac Centers
1.4.4. Others
1.5. Global Interatrial Shunt Device Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.5.1. North America Interatrial Shunt Device Estimates
1.5.2. Europe Interatrial Shunt Device Estimates
1.5.3. China Interatrial Shunt Device Estimates
1.5.4. Japan Interatrial Shunt Device Estimates
2. Market Competition by Manufacturers
2.1. Global Interatrial Shunt Device Revenue Market Share by Manufacturers (2020)
2.2. Interatrial Shunt Device Market Share by Company Indication (Tier 1, Tier 2 and Tier 3)
2.3. Global Interatrial Shunt Device Average Price by Manufacturers (2016-2021)
2.4. Manufacturers Interatrial Shunt Device Production Sites, Area Served, Product Types
2.5. Interatrial Shunt Device Market Competitive Situation and Trends
2.5.1. Interatrial Shunt Device Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Interatrial Shunt Device Consumption by Region (2016-2021)
3.1. Global Interatrial Shunt Device Consumption by Region
3.2. Global Interatrial Shunt Device Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Interatrial Shunt Device Consumption Growth Rate (2016-2021)
3.2.3. North America Interatrial Shunt Device Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America Interatrial Shunt Device Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Interatrial Shunt Device Consumption Growth Rate (2016-2021)
3.2.7. Europe Interatrial Shunt Device Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe Interatrial Shunt Device Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Interatrial Shunt Device Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific Interatrial Shunt Device Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific Interatrial Shunt Device Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Interatrial Shunt Device Consumption Growth Rate (2016-2021)
3.2.15. South America Interatrial Shunt Device Consumption, Price and Gross Margin (2016-2021)
3.2.16. South America Interatrial Shunt Device Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Interatrial Shunt Device Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa Interatrial Shunt Device Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa Interatrial Shunt Device Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Interatrial Shunt Device Consumption by Indication (2016-2021)
4.1. Global Interatrial Shunt Device Price by Indication (2016-2021)
4.2. Global Interatrial Shunt Device Revenue Market Share by Indication (2016-2021)
4.2.1. Heart failure with reduced ejection fraction (HFrEF)
4.2.2. Heart failure with reduced ejection fraction (HFrEF)
5. Global Interatrial Shunt Device Consumption by End-User (2016-2021)
5.1. Global Interatrial Shunt Device Price by End-User (2016-2021)
5.2. Global Interatrial Shunt Device Revenue Market Share by End-User (2016-2021)
5.2.1. Clinics
5.2.2. Hospitals
5.2.3. Cardiac Centers
5.2.4. Others
6. Key Companies Profiled
6.1. CORVIA MEDICAL
6.1.1. CORVIA MEDICAL Interatrial Shunt Device Corporation Information
6.1.2. CORVIA MEDICAL Interatrial Shunt Device Product Portfolio
6.1.3. CORVIA MEDICAL Interatrial Shunt Device Consumption, Price and Gross Margin (2016-2021)
6.1.4. CORVIA MEDICAL Main Business and Markets Served
6.1.5. CORVIA MEDICAL Recent Developments/Updates
6.2. V-Wave Ltd.
6.3. SHANGHAI SHAPE MEMORY ALLOY CO., LTD.
6.4. Tewksbury
6.5. KMUTT
7. Marketing Channel, Distributors and Customers
7.1. Marketing Channel
7.2. Interatrial Shunt Device Distributors List
7.3. Interatrial Shunt Device Customers
8. Market Dynamics
8.1. Interatrial Shunt Device Industry Trends
8.2. Interatrial Shunt Device Growth Drivers
8.3. Interatrial Shunt Device Market Challenges
8.4. Interatrial Shunt Device Market Restraints
9. Global Interatrial Shunt Device Consumption and Demand Forecast, by Region (2022-2027)
9.1. Global Forecasted Demand Analysis of Interatrial Shunt Device, by Regions and Country
9.1.1. North America Forecasted Consumption of Interatrial Shunt Device by Country
9.1.2. Europe Market Forecasted Consumption of Interatrial Shunt Device by Country
9.1.3. Asia Pacific Market Forecasted Consumption of Interatrial Shunt Device by Region
9.1.4. Latin America Forecasted Consumption of Interatrial Shunt Device by Country
9.1.5. Middle East and Africa Forecasted Consumption of Interatrial Shunt Device by Country
10. Global Interatrial Shunt Device Consumption and Demand Forecast, by Indication Segments (2022-2027)
10.1. Global Forecasted Consumption of Interatrial Shunt Device by Indication Segments (2022-2027)
10.2. Global Consumption and Price Forecast by Indication Segments (2022-2027)
10.3. Global Forecasted Growth Rate of Interatrial Shunt Device by Indication Segments (2022-2027)
11. Global Interatrial Shunt Device Consumption and Demand Forecast, by End-User Segments (2022-2027)
11.1. Global Forecasted Consumption of Interatrial Shunt Device by End-User Segments (2022-2027)
11.2. Global Consumption and Price Forecast by End-User Segments (2022-2027)
11.3. Global Forecasted Growth Rate of Interatrial Shunt Device by End-User Segments (2022-2027)
12. Research Finding and Conclusion
13. Methodology and Data Source
13.1. Methodology/Research Approach
13.1.1. Research Programs/Indication
13.1.2. Market Size Estimation
13.1.3. Market Breakdown and Data Triangulation
13.2. Data Source
13.2.1. Secondary Sources
13.2.2. Primary Sources
13.3. Author List
13.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
Enquire Before Purchase
Frequently Asked Questions
Why Choose Market Research Strategy?
We utilize market analysis/information from verified authenticated data sources to scoop accurate research reports
We understand the urgency of our clients and their clients' in the competitive space thus, deliver the report in minimum turnaround
Without further ado, choose us and get instant access to reliable analysis to help you make the right business decisions.
We abide by the information security policy and adheres to keep your private and business information confidential and secure.