Structural Heart Closure Devices – Market Insights – Global

The global market for structural heart closure devices will be limited by declining ASPs due to a number of factors, including cost-containment measures such as MACRA and the 2-Midnight Rule in the US, intense pricing pressures due to economic constraints in Europe, and the biennial reimbursement cuts by the Japanese MHLW. Moreover, the COVID-19 pandemic will have a negative impact on procedure volumes and market growth in 2020. However, the global market for structural heart closure devices will grow rapidly in most countries covered through 2030, driven by strong clinical data, the availability of reimbursement, a growing body of trained physicians, and the uptake of premium-priced technologies, especially in the PFO and LAA closure device spaces.

This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for the global structural heart closure devices, with market projections across an 11-year period.

The global structural heart closure device market will be impacted by the COVID-19 pandemic in the short term.

What factors will contribute to the market decline?

To what degree will the pandemic affect different procedures and devices?

How soon will procedure volumes, sales, and revenues recover?

The global market for structural heart closure devices will grow rapidly throughout the forecast period.

Which segment contributed the most to global revenues in 2020?

Which segments are contributing the most to overall global growth?

What are the different growth trends by region? How has the reimbursement landscape changed for structural heart closure procedures in different geographies?

The CMS continues to announce additional changes to Medicare coverage and reimbursement that will affect the structural heart closure device market in the coming years.

How have the first years of MACRA implementation affected the structural heart closure device market?

How will proposed rules in 2020 influence changes in sites of services?

What changes in reimbursement are expected to influence the physician practices?

The exclusive applicability of MDR in Europe will result in more stringent regulatory requirements.

What are the changes under the MDR that will affect the structural heart closure device market?

How will this impact the small and mid-sized emerging companies in the structural heart closure device market?

How will this impact pipeline products and when are they expected to launch?

Biennial MHLW reimbursement cuts will continue to negatively affect the market values of the Japanese structural heart closure device segments.

Which markets will be impacted by the MHLW reimbursement cuts?

To what degree will reimbursement cuts be compounded by market competition?

The global market for PFO closure devices has experienced turbulence in the past but is positioned for growth given recent positive clinical data and updated reimbursement policies.

What new clinical evidence challenges the historically troubled body of evidence for PFO closure?

How is the patient population for PFO closure defined and how is it different between geographies?

Which country will be impacted by the changes in the reimbursement policies for PFO closure procedure and how will this affect the procedure volumes going forward?

Table of contents

  • Structural Heart Closure Devices - Market Insights - Global
    • Abstract
    • Executive Summary
      • COVID-19 Updates
      • Market Highlights
        • Factors Impacting the Structural Heart Closure Device Market, by Procedure Type, Global
        • Structural Heart Closure Device Market, by Procedure Type, Global (USD), 2019u20132030
        • Structural Heart Closure Device Market, by Country, Global (USD), 2019u20132030
        • Structural Heart Closure Device Market Landscape, Global (USD), 2020 and 2030
      • Competitive Highlights
        • Competitive Factors and Strategies, by Product Type, Global
        • Structural Heart Closure Device Revenue Market Share Rankings, by Procedure Type, Global, 2020
        • Companies Mentioned
      • Market Developments
        • Recent Events in the Structural Heart Closure Device Market, Global
        • Key Clinical Trials in the Structural Heart Closure Device Market, Global
        • Emerging Products for the Structural Heart Closure Device Market, Global
      • End-User Insights
        • Geographies Covered
          • Geographies Covered, Global
          • Average Currency Exchange Rates
        • Procedures and Products Covered
          • Structural Heart Closure Device Procedures and Products Covered, Global
      • Key Report Updates
        • COVID-19 Analysis
          • Market Impact
            • COVID-19 Impact Assessment Summary, Structural Heart Closure Device Market, Global
          • Major Market Forecast Changes and Assumptions
            • Structural Heart Closure Device Market, by Product Type, Global (USD), 2019u20132030 (Excluding COVID-19 Impact)
            • Structural Heart Closure Device Market, by Procedure Type, Global (USD), 2019u20132030 (Including COVID-19 Impact)
          • Competitive Impact
            • COVID-19 Competitive Factors and Strategies, Structural Heart Closure Device Market, Global
            • COVID-19 Financial Impact and Competitor Insights
        • Structural Heart Closure Device Market
          • Market Highlights
            • Factors Impacting the Structural Heart Closure Device Market, by Procedure Type, Global
            • Structural Heart Closure Device Market, by Procedure Type, Global (USD), 2019u20132030
            • Structural Heart Closure Device Market, by Country, Global (USD), 2019u20132030
          • Market Definitions
            • Market Forecast Data
              • Structural Heart Closure Procedures, by Procedure Type, Global, 2019u20132030
              • Structural Heart Closure Procedures, by Region, Global, 2019u20132030
              • Structural Heart Closure Device Market, by Procedure Type, Global (USD), 2019u20132030
              • Structural Heart Closure Device Market, by Region, Global (USD, EUR, GBP, and JPY), 2019u20132030
            • Competitive Highlights
              • Market Shares
                • Structural Heart Closure Device Revenue Market Shares, Global, 2020
                • Structural Heart Closure Device Revenue Market Shares, by Procedure Type, Global, 2020
                • Structural Heart Closure Device Revenue Market Shares, by Region, Global, 2020
                • Structural Heart Closure Device Revenue Market Shares, by Country, Global, 2020
              • Competitive Factors and Strategies
                • Competitive Factors and Strategies, by Product Type, Global
              • Market Developments
                • Recent Events in the Structural Heart Closure Device Market, Global
                • Key Clinical Trials in the Structural Heart Closure Device Market, Global
                • Emerging Products for the Structural Heart Closure Device Market, Global
            • Congenital Heart Defect Closure Device Market
              • Market Highlights
                • Congenital Heart Defect Closure Device Market, by Indication, Global (USD), 2019u20132030
                • Congenital Heart Defect Closure Device Market, by Country, Global (USD), 2019u20132030
              • Market Definitions
                • Market Forecast Data
                  • Congenital Heart Defect Closure Procedures, by Indication, Global, 2019u20132030
                  • Congenital Heart Defect Closure Procedures, by Country, Global, 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Global (USD), 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Country, Global (USD, EUR, GBP, and JPY), 2019u20132030
                  • ASD Closure Procedures, by Country, Global, 2019u20132030
                  • ASD Closure Device Market, by Country, Global (USD), 2019u20132030
                  • ASD Closure Device Market, by Country, Europe (EUR and GBP), 2019u20132030
                  • ASD Closure Device Market, Japan (JPY), 2019u20132030
                  • ASD Closure Device Market Growth, by Country, Global, 2020u20132030
                  • Device-Based PDA Closure Procedures, by Country, Global, 2019u20132030
                  • PDA Closure Procedures, by Procedure Type, Global, 2019u20132030
                  • PDA Closure Device Market, by Country, Global (USD), 2019u20132030
                  • PDA Closure Device Market, by Country, Europe (EUR and GBP), 2019u20132030
                  • PDA Closure Device Market, Japan (JPY), 2019u20132030
                  • PDA Closure Device Market Growth, by Country, Global, 2020u20132030
                  • VSD Closure Procedures, by Country, Global, 2019u20132030
                  • VSD Closure Device Market, by Country, Global (USD), 2019u20132030
                  • VSD Closure Device Market, by Country, Europe (EUR and GBP), 2019u20132030
                  • VSD Closure Device Market Growth, by Country, Global, 2020u20132030
                  • Congenital Heart Defect Closure Procedures, by Indication, US, 2019u20132030
                  • PDA Closure Procedures, by Procedure Type, US, 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, US (USD), 2019u20132030
                  • Congenital Heart Defect Closure Device Market Growth, by Indication, US, 2020u20132030
                  • Congenital Heart Defect Closure Procedures, by Indication, Europe, 2019u20132030
                  • PDA Closure Procedures, by Procedure Type, Europe, 2019u20132030
                  • Congenital Heart Defect Closure Procedures, by Country, Europe, 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Europe (USD), 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Country, Europe (USD, EUR, and GBP), 2019u20132030
                  • Congenital Heart Defect Closure Procedures, by Indication, France, 2019u20132030
                  • PDA Closure Procedures, by Procedure Type, France, 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, France (USD), 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, France (EUR), 2019u20132030
                  • Congenital Heart Defect Closure Device Market Growth, by Indication, France, 2020u20132030
                  • Congenital Heart Defect Closure Procedures, by Indication, Germany, 2019u20132030
                  • PDA Closure Procedures, by Procedure Type, Germany, 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Germany (USD), 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Germany (EUR), 2019u20132030
                  • Congenital Heart Defect Closure Device Market Growth, by Indication, Germany, 2020u20132030
                  • Congenital Heart Defect Closure Procedures, by Indication, Italy, 2019u20132030
                  • PDA Closure Procedures, by Procedure Type, Italy, 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Italy (USD), 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Italy (EUR), 2019u20132030
                  • Congenital Heart Defect Closure Device Market Growth, by Indication, Italy, 2020u20132030
                  • Congenital Heart Defect Closure Procedures, by Indication, Spain, 2019u20132030
                  • PDA Closure Procedures, by Procedure Type, Spain, 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Spain (USD), 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Spain (EUR), 2019u20132030
                  • Congenital Heart Defect Closure Device Market Growth, by Indication, Spain, 2020u20132030
                  • Congenital Heart Defect Closure Procedures, by Indication, UK, 2019u20132030
                  • PDA Closure Procedures, by Procedure Type, UK, 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, UK (USD), 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, UK (EUR), 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, UK (GBP), 2019u20132030
                  • Congenital Heart Defect Closure Device Market Growth, by Indication, UK, 2020u20132030
                  • Congenital Heart Defect Closure Procedures, by Indication, Japan, 2019u20132030
                  • PDA Closure Procedures, by Procedure Type, Japan, 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Japan (USD), 2019u20132030
                  • Congenital Heart Defect Closure Device Market, by Indication, Japan (JPY), 2019u20132030
                  • Congenital Heart Defect Closure Device Market Growth, by Indication, Japan, 2020u20132030
                • Competitive Highlights
                  • Market Shares
                    • Congenital Heart Defect Closure Device Revenue Market Shares, Global, 2020
                    • Congenital Heart Defect Closure Device Revenue Market Shares, by Procedure Type, Global, 2020
                    • Congenital Heart Defect Closure Device Revenue Market Shares, by Region, Global, 2020
                    • Congenital Heart Defect Closure Device Revenue Market Shares, by Country, Global, 2020
                  • Competitive Factors and Strategies
                    • Competitive Factors and Strategies, by Product Type, Global
                • Patent Foramen Ovale Closure Device Market
                  • Market Highlights
                    • PFO Closure Device Market, by Country, Global (USD), 2019u20132030
                  • Market Definitions
                    • Market Forecast Data
                      • PFO Closure Procedures, by Country, Global, 2019u20132030
                      • PFO Closure Device Market, by Country, Global (USD), 2019u20132030
                      • PFO Closure Device Market, by Country, Europe (EUR and GBP), 2019u20132030
                      • PFO Closure Device Market, Japan (JPY), 2019u20132030
                      • PFO Closure Device Market Growth, by Country, Global, 2020u20132030
                    • Competitive Highlights
                      • Market Shares
                        • PFO Closure Device Revenue Market Shares, Global, 2020
                        • PFO Closure Device Revenue Market Shares, by Region, Global, 2020
                        • PFO Closure Device Revenue Market Shares, by Country, Global, 2020
                      • Competitive Factors and Strategies
                        • Competitive Factors and Strategies, Global
                    • Left Atrial Appendage Closure Device Market
                      • Market Highlights
                        • LAA Closure Device Market, by Technique, Global (USD), 2019u20132030
                        • LAA Closure Device Market, by Country, Global (USD), 2019u20132030
                      • Market Definitions
                        • Market Forecast Data
                          • LAA Closure Procedures, by Technique, Global, 2019u20132030
                          • LAA Closure Procedures, by Country, Global, 2019u20132030
                          • LAA Closure Device Market, by Technique, Global (USD), 2019u20132030
                          • LAA Closure Device Market, by Country, Global (USD, EUR, GBP, and JPY), 2019u20132030
                          • Endocardial LAA Closure Procedures, by Country, Global, 2019u20132030
                          • Endocardial LAA Closure Device Market, by Country, Global (USD), 2019u20132030
                          • Endocardial LAA Closure Device Market, by Country, Europe (EUR and GBP), 2019u20132030
                          • Endocardial LAA Closure Device Market, Japan (JPY), 2019u20132030
                          • Endocardial LAA Closure Device Market Growth, by Country, Global, 2020u20132030
                          • Epicardial LAA Closure Procedures, by Country, Global, 2019u20132030
                          • Epicardial LAA Closure Device Market, by Country, Global (USD), 2019u20132030
                          • Epicardial LAA Closure Device Market, by Country, Europe (EUR and GBP), 2019u20132030
                          • Epicardial LAA Closure Device Market Growth, by Country, Global, 2020u20132030
                          • LAA Closure Procedures, by Technique, US, 2019u20132030
                          • LAA Closure Device Market, by Technique, US (USD), 2019u20132030
                          • LAA Closure Device Market Growth, by Technique, US, 2020u20132030
                          • LAA Closure Procedures, by Technique, Europe, 2019u20132030
                          • LAA Closure Procedures, by Country, Europe, 2019u20132030
                          • LAA Closure Device Market, by Technique, Europe (USD), 2019u20132030
                          • LAA Closure Device Market, by Country, Europe (USD, EUR, and GBP), 2019u20132030
                          • LAA Closure Procedures, by Technique, France, 2019u20132030
                          • LAA Closure Device Market, by Technique, France (USD), 2019u20132030
                          • LAA Closure Device Market, by Technique, France (EUR), 2019u20132030
                          • LAA Closure Device Market Growth, by Technique, France, 2020u20132030
                          • LAA Closure Procedures, by Technique, Germany, 2019u20132030
                          • LAA Closure Device Market, by Technique, Germany (USD), 2019u20132030
                          • LAA Closure Device Market, by Technique, Germany (EUR), 2019u20132030
                          • LAA Closure Device Market Growth, by Technique, Germany, 2020u20132030
                          • LAA Closure Procedures, by Technique, Italy, 2019u20132030
                          • LAA Closure Device Market, by Technique, Italy (USD), 2019u20132030
                          • LAA Closure Device Market, by Technique, Italy (EUR), 2019u20132030
                          • LAA Closure Device Market Growth, by Technique, Italy, 2020u20132030
                          • LAA Closure Procedures, by Technique, Spain, 2019u20132030
                          • LAA Closure Device Market, by Technique, Spain (USD), 2019u20132030
                          • LAA Closure Device Market, by Technique, Spain (EUR), 2019u20132030
                          • LAA Closure Device Market Growth, by Technique, Spain, 2020u20132030
                          • LAA Closure Procedures, by Technique, UK, 2019u20132030
                          • LAA Closure Device Market, by Technique, UK (USD), 2019u20132030
                          • LAA Closure Device Market, by Technique, UK (EUR), 2019u20132030
                          • LAA Closure Device Market, by Technique, UK (GBP), 2019u20132030
                          • LAA Closure Device Market Growth, by Technique, UK, 2020u20132030
                          • LAA Closure Procedures, by Technique, Japan, 2019u20132030
                          • LAA Closure Device Market, by Technique, Japan (USD), 2019u20132030
                          • LAA Closure Device Market, by Technique, Japan (JPY), 2019u20132030
                          • LAA Closure Device Market Growth, by Technique, Japan, 2020u20132030
                        • Competitive Highlights
                          • Market Shares
                            • LAA Closure Device Revenue Market Shares, Global, 2020
                            • LAA Closure Device Revenue Market Shares, by Procedure Type, Global, 2020
                            • LAA Closure Device Revenue Market Shares, by Region, Global, 2020
                            • LAA Closure Device Revenue Market Shares, by Country, Global, 2020
                          • Competitive Factors and Strategies
                            • Competitive Factors and Strategies, by Product Type, Global
                        • Appendix
                          • Abbreviations
                            • Bibliography