Global Atrial Fibrillation Market to Touch US$14.8 bn by 2019; Graying Population and Chronic Disease Prevalence Drive Growth Date: 02-24-2017 08:45 PM CET Category: Health & Medicine Press release from: Transparency Market Research - Medical Devices
Atrial fibrillation, a condition whose symptoms are irregular and/or rapid heartbeats, affected an estimated 33.5 mn individuals worldwide as of 2010. The World Health Organization (WHO) has termed the condition as a “growing global health concern”. In order to further understand how the market for global atrial fibrillation market treatments is developing, Transparency Market Research has published a report, titled ‘Atrial Fibrillation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.’ According to the estimations of TMR’s study, the market is expected to rise at a compounded annual growth rate (CAGR) of 13.4% between 2013 and 2019. The report further states that the market stood at a valuation of US$6.1 bn in 2012 and will touch US$14.8 bn by 2019. Browse Full Atrial Fibrillation Market (Pharmacological and Non-Pharmacological Treatment, Electric Cardioversion, Radiofrequency, Cryo, Laser and Microwave Catheter Ablation, Maze Surgery, Anti-Coagulant and Anti-Arrhythmic Drugs) Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 Report at www.transparencymarketresearch.com/atrial-fibrillation-ma... As the risk of atrial fibrillation increases with age, the growing number of aged individuals worldwide will generate a greater demand for atrial fibrillation devices and treatments, says TMR’s report. Moreover, TMR analysts reckon that the growing prevalence of chronic disorders, including hypertension and diabetes, will lead to a growth in the number of people suffering from atrial fibrillation. All of these factors will put the global atrial fibrillation market firmly on the growth course. However, companies in the global atrial fibrillation market will have to brave headwinds in the form of strict approval processes before a treatment or product can be brought to the market and close monitoring of the market by regulatory agencies. The report on the global atrial fibrillation market segments the market on the basis of type into: pharmacological treatment and non-pharmacological treatment. The pharmacological treatment segment is sub-segmented into anti-arrhythmic drugs and anti-coagulant drugs. Likewise, the non-pharmacological treatment market has been divided into: maze surgery, catheter ablation, and electric cardioversion. The global market for atrial fibrillation was dominated by the pharmacological treatment segment as of 2012. There are
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