Although the global COVID-19 pandemic negatively impacted the Asia Pacific structural heart closure device market in 2020, strong prepandemic growth trends in the PFO and LAA segments helped to sustain positive overall procedure volume and market growth for the year, and the market has subsequently shown strong recovery. Going forward, the market will continue to expand through 2032, supported by continued robust growth in the well-established Australian market, expanding evidence demonstrating the safety and efficacy of transcatheter and epicardial structural heart closure procedures, the introduction of new devices, and growing competition from and the strong presence of domestic manufacturers offering low-cost products in the large and expanding Chinese market.
This Medtech 360 Report provides comprehensive data and analysis on the state of the structural heart closure device market in Asia Pacific from 2019 through 2032.
The Asia Pacific structural heart closure device market will be impacted by the COVID-19 pandemic in the early years of the forecast period.
How did the COVID-19 pandemic impact the global structural heart closure device, and to what extent has it recovered?
When is the structural heart closure market expected to revert to pre-pandemic growth?
The Asia Pacific market for structural heart closure devices will grow moderately through 2032.
What are upcoming developments in the structural heart closure device market?
What ongoing clinical trials will impact the structural heart closure device market?
How are clinical developments across the globe impacting the Asia Pacific structural heart closure device market?
Which new devices have been launched over the past year and are expected to launch in the Asia Pacific market?
The LAA closure device segment represents a significant market opportunity for manufacturers in the structural heart closure device space.
What strategies will MNCs adopt to compete with the domestic players in the Asia Pacific market?
Who are the new players in the LAA closure device market?
How are the domestic players able to maintain their position in the Asia Pacific market?
- Structural Heart Closure Devices - Market Insights - Asia Pacific
- Abstract
- Executive Summary
- COVID-19 Updates
- Market Highlights
- Structural Heart Closure Device Market, by Procedure Type, Asia Pacific (USD), 2019u20132032
- Structural Heart Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- Structural Heart Closure Device Market Landscape, Asia Pacific (USD), 2022 and 2032
- Competitive Highlights
- Structural Heart Closure Device Revenue Market Share Rankings, by Procedure Type, Asia Pacific, 2022
- Competitive Insights
- Companies Mentioned
- Market Developments
- Recent Events in the Structural Heart Closure Device Market, Asia Pacific
- Key Clinical Trials in the Structural Heart Closure Device Market, Asia Pacific
- Emerging Products for the Structural Heart Closure Device Market, Asia Pacific
- Geographies Covered
- Geographies Covered, Asia Pacific
- Average Currency Exchange Rates
- Procedures and Products Covered
- Structural Heart Closure Device Procedures and Products Covered, Asia Pacific
- Key Report Updates
- Structural Heart Closure Device Market
- Market Highlights
- Key Content Updates
- Asia Pacific Structural Heart Closure Device Market Drivers
- Asia Pacific Structural Heart Closure Device Market Limiters
- Structural Heart Closure Device Market, by Procedure Type, Asia Pacific (USD), 2019u20132032
- Structural Heart Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- Market Definitions
- Market Forecast Data
- Structural Heart Closure Procedures, by Procedure Type, Asia Pacific, 2019u20132032
- Structural Heart Closure Procedures, by Country, Asia Pacific, 2019u20132032
- Structural Heart Closure Device Market, by Procedure Type, Asia Pacific (USD), 2019u20132032
- Structural Heart Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- Market Shares
- Structural Heart Closure Device Revenue Market Shares, Asia Pacific, 2022
- Structural Heart Closure Device Revenue Market Shares, by Procedure Type, Asia Pacific, 2022
- Competitive Insights
- Abbott Laboratories Competitive Insights
- Lifetech Scientific Competitive Insights
- Lepu Medical Technology (Beijing) Competitive Insights
- Competitive Insights for Other Key Competitors
- Market Developments
- Recent Events in the Structural Heart Closure Device Market, Asia Pacific
- Key Clinical Trials in the Structural Heart Closure Device Market, Asia Pacific
- Emerging Products for the Structural Heart Closure Device Market, Asia Pacific
- Congenital Heart Defect Closure Device Market
- Market Highlights
- Key Content Updates
- Asia Pacific Congenital Heart Defect Closure Device Market Drivers
- Asia Pacific Congenital Heart Defect Closure Device Market Limiters
- Congenital Heart Defect Closure Device Market, by Indication, Asia Pacific (USD), 2019u20132032
- Congenital Heart Defect Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- Market Definitions
- Market Forecast Data
- Congenital Heart Defect Closure Procedures, by Indication, Asia Pacific, 2019u20132032
- Congenital Heart Defect Closure Procedures, by Country, Asia Pacific, 2019u20132032
- Congenital Heart Defect Closure Device Market, by Indication, Asia Pacific (USD), 2019u20132032
- Congenital Heart Defect Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- ASD Closure Procedures, by Country, Asia Pacific, 2019u20132032
- ASD Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- ASD Closure Device Market Growth, by Country, Asia Pacific, 2020u20132032
- PDA Closure Procedures, by Procedure Type, Asia Pacific, 2019u20132032
- Device-Based PDA Closure Procedures, by Country, Asia Pacific, 2019u20132032
- PDA Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- PDA Closure Device Market Growth, by Country, Asia Pacific, 2020u20132032
- VSD Closure Procedures, by Country, Asia Pacific, 2019u20132032
- VSD Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- VSD Closure Device Market Growth, by Country, Asia Pacific, 2020u20132032
- Congenital Heart Defect Closure Procedures, by Indication, Australia, 2019u20132032
- PDA Closure Procedures, by Procedure Type, Australia, 2019u20132032
- Congenital Heart Defect Closure Device Market, by Indication, Australia (USD), 2019u20132032
- Congenital Heart Defect Closure Device Market Growth, by Indication, Australia, 2020u20132032
- Congenital Heart Defect Closure Procedures, by Indication, China, 2019u20132032
- PDA Closure Procedures, by Procedure Type, China, 2019u20132032
- Congenital Heart Defect Closure Device Market, by Indication, China (USD), 2019u20132032
- Congenital Heart Defect Closure Device Market Growth, by Indication, China, 2020u20132032
- Congenital Heart Defect Closure Procedures, by Indication, India, 2019u20132032
- PDA Closure Procedures, by Procedure Type, India, 2019u20132032
- Congenital Heart Defect Closure Device Market, by Indication, India (USD), 2019u20132032
- Congenital Heart Defect Closure Device Market Growth, by Indication, India, 2020u20132032
- Congenital Heart Defect Closure Procedures, by Indication, South Korea, 2019u20132032
- PDA Closure Procedures, by Procedure Type, South Korea, 2019u20132032
- Congenital Heart Defect Closure Device Market, by Indication, South Korea (USD), 2019u20132032
- Congenital Heart Defect Closure Device Market Growth, by Indication, South Korea, 2020u20132032
- Market Shares
- Congenital Heart Defect Closure Device Revenue Market Shares, Asia Pacific, 2022
- Congenital Heart Defect Closure Device Revenue Market Shares, by Indication, Asia Pacific, 2022
- Competitive Insights
- Patent Foramen Ovale Closure Device Market
- Market Highlights
- Key Content Updates
- Asia Pacific Patentu00a0Foramen Ovale Closure Device Market Drivers
- Asia Pacific Patentu00a0Foramen Ovale Closure Device Market Limiters
- PFO Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- Market Definitions
- Market Forecast Data
- PFO Closure Procedures, by Country, Asia Pacific, 2019u20132032
- PFO Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- PFO Closure Device Market Growth, by Country, Asia Pacific, 2020u20132032
- Market Shares
- PFO Closure Device Revenue Market Shares, Asia Pacific, 2022
- PFO Closure Device Revenue Market Shares, Asia Pacific, 2022
- Competitive Insights
- Left Atrial Appendage Closure Device Market
- Market Highlights
- Key Content Updates
- LAA Closure Device Market Drivers
- LAA Closure Device Market Limiters
- LAA Closure Device Market, by Technique, Asia Pacific (USD), 2019u20132032
- LAA Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- Market Definitions
- Market Forecast Data
- LAA Closure Procedures, by Technique, Asia Pacific, 2019u20132032
- LAA Closure Procedures, by Country, Asia Pacific, 2019u20132032
- LAA Closure Device Market, by Technique, Asia Pacific (USD), 2019u20132032
- LAA Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- Endocardial LAA Closure Procedures, by Country, Asia Pacific, 2019u20132032
- Endocardial LAA Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- Endocardial LAA Closure Device Market Growth, by Country, Asia Pacific, 2020u20132032
- Epicardial LAA Closure Procedures, by Country, Asia Pacific, 2019u20132032
- Epicardial LAA Closure Device Market, by Country, Asia Pacific (USD), 2019u20132032
- Epicardial LAA Closure Device Market Growth, by Country, Asia Pacific, 2020u20132032
- LAA Closure Procedures, by Technique, Australia, 2019u20132032
- LAA Closure Device Market, by Technique, Australia (USD), 2019u20132032
- LAA Closure Device Market Growth, by Technique, Australia, 2020u20132032
- LAA Closure Procedures, by Technique, China, 2019u20132032
- LAA Closure Device Market, by Technique, China (USD), 2019u20132032
- LAA Closure Device Market Growth, by Technique, China, 2020u20132032
- LAA Closure Procedures, by Technique, India, 2019u20132032
- LAA Closure Device Market, by Technique, India (USD), 2019u20132032
- LAA Closure Device Market Growth, by Technique, India, 2020u20132032
- LAA Closure Procedures, by Technique, South Korea, 2019u20132032
- LAA Closure Device Market, by Technique, South Korea (USD), 2019u20132032
- LAA Closure Device Market Growth, by Technique, South Korea, 2020u20132032
- Market Shares
- LAA Closure Device Revenue Market Shares, Asia Pacific, 2022
- LAA Closure Device Revenue Market Shares, by Technique, Asia Pacific, 2022
- Competitive Insights
- Appendix
- Abbreviations
- Bibliography
Mohd Parvez
Anusha Naik is a member of the Cardiovascular Medtech Insights team at Clarivate, specializing in the heart valve device market. Anusha holds a Bachelor’s degree in Pharmaceutical Sciences from Goa College of Pharmacy, Goa and a Master’s degree in Pharmaceutical Quality Assurance from the Manipal Academy of Higher Education, Manipal.