North America to Lead the Global Transseptal Access Systems Market in the Foreseeable Future
Persistence Market Research has skillfully drafted a new report titled “Transseptal Access Systems Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)” that tracks the performance of the global transseptal access systems market for the assessed period of eight years, i.e. between 2017 and 2025. According to this report, the global transseptal access systems market revenue is expected to increase at a robust CAGR of 10.4% during the forecast period.
This growth is expected to be primarily driven by an increasing prevalence and incidence of atrial fibrillation at the global level, as well as a rising demand for minimally invasive surgical procedures from the patient population.
Global Transseptal Access Systems Market: Key Players
Key players across the globe are launching new product lines and are incorporating innovative strategies to manufacture newer devices in the transseptal access systems market.
Boston Scientific Corporation, Medtronic plc, Biosense Webster, Inc. (Johnson & Johnson), Terumo Corporation, St.
Jude Medical LLC (Abbott Laboratories), Merit Medical Systems, Inc., Baylis Medical Company, Inc., Pressure Product Medical Device Manufacturing LLC, Cook Medical LLC, and Transseptal Solutions, Inc. are some of the leading companies in the global transseptal access systems market that have been featured in this report.
Global Transseptal Access Systems Market: Forecast by End User
The global transseptal access systems market is segmented on the basis of end user into hospitals, ambulatory surgical centers and specialty clinics. Hospitals dominated the global transseptal access systems market in terms of revenue in 2016 and is projected to continue to do so throughout the forecast period.
Hospitals is the most attractive end user segment, with an attractiveness index of 1.3 during the forecast period.
Global Transseptal Access Systems Market: Forecast by Application
On the basis of application, the global market for transseptal access systems is segmented into AF Ablation, MV Repair and LAA Occlusion. The atrial fibrillation ablation segment is projected to be the most attractive in the global market with a market attractiveness index of 1.8 during the forecast period, while the mitral valve repair segment is expected to be the second most lucrative market, with an attractiveness index of 1.0 during the forecast period.
Global Transseptal Access Systems Market: Forecast by Product Type
Segmentation by product type includes transseptal access sheath and transseptal access needle. In terms of revenue, transseptal access sheath was the dominant product type segment in the global transseptal access systems market in 2016.
This segment is anticipated to remain dominant throughout the forecast period, with an estimated market share to the tune of 86% through 2025.
Global Transseptal Access Systems Market: Forecast by Region
The report analyzes the transseptal access systems market across the key geographies of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The North America regional market is anticipated to account for the largest market share of 35.1% in the year 2017.
Revenue from the market in North America is expected to register a CAGR of 9.4% during the forecast period.
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