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Global Patent Foramen Ovale Closure Devices 2021-2026: Escalating Preferences for Minimally-Invasive Procedures Driving Market

Research and Markets
·7-min read

Dublin, Oct. 04, 2021 (GLOBE NEWSWIRE) -- The "Patent Foramen Ovale (PFO) Closure Devices - Market Insights, Competitive Landscape and Market Forecast - 2026" report has been added to ResearchAndMarkets.com's offering.

This 'Patent Foramen Ovale (PFO) Closure Devices- Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Patent Foramen Ovale Closure Devices and the historical and forecasted Patent Foramen Ovale Closure Devices market trends in the US, EU5 (Germany, Spain, Italy, France and United Kingdom) and Japan.

The Patent Foramen Ovale (PFO) Closure Devices market report provides an overview of Patent Foramen Ovale Closure Devices, its cause, signs and symptoms, pathophysiology, diagnosis and currently available therapies.

Additionally, this report covers the overview, various treatment practices, and patent foramen ovale closure devices forecasted epidemiology from 2018 to 2026, segmented by the seven major markets. The report also covers the market drivers, market barriers and unmet medical needs to curate best of the opportunities and assesses underlying potential of the market.

Patent Foramen Ovale Closure Devices Overview

The term patent foramen oval explains an open/unimpeded foramen ovale. During the fetal development of the baby inside the womb, there is an opening in between the right and the left atrium of the heart. The opening of the foramen oval sustains until the baby comes out, as it is an essential chunk of the fetal circulatory system. Hence, it aids in unobstructed oxygen rich-blood flow from the right to the left atria.

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The problem arises when the flap-like region (the foramen oval) does not close back. It is supposed to shut back as soon as the baby comes out due to the pressure generated on the left atria after it starts to breathe using its lungs. This hole allows blood to bypass the fetal lungs, which cannot work until they are exposed to air.

When a newborn enters the world and takes its first breath, the foramen ovale closes, and within a few months, it has sealed completely in about 75% of the population. When it remains open, it is called a patent foramen ovale (PFO, patent meaning open). Even though blood is leaking from the right atrium to the left, it is not a problem for the vast majority of the millions of people with a PFO. However, problems can arise when that blood contains a blood clot.

Patent Foramen Ovale (PFO) Closure Devices- Competitive Analysis

This segment of the report provides a brief competitive analysis of Patent Foramen Ovale (PFO) Closure Devices to help understand the competition in the market. It gives a comparative understanding of the products based on parameters such as type of regulatory approval.

Patent Foramen Ovale (PFO) Closure Devices: Eligible Patient Population

This segment of the report provides an analysis of the eligible patient pool that incorporate Patent Foramen Ovale (PFO) Closure Devices for their treatment, across 7MM during the study period (2018 and 2026).

Patent Foramen Ovale (PFO) Closure Devices: Market Analysis

This segment illustrates the market of Patent Foramen Ovale (PFO) Closure Devices across 7MM and how the market is expected to rise in the study period (2018 to 2026), at a CAGR of XX%.

Patent Foramen Ovale (PFO) Closure Devices: Market Drivers and Barriers

The report provides insights into the market driving factors and the barriers shaping the Patent Foramen Ovale (PFO) Closure Devices market.

Market Drivers:

  • Prevalence of PFO

  • Escalating preferences for minimally-invasive procedures, which is simple, safer, technically-feasible and effective, less-time consuming surgery

Market Barriers:

  • Post-operational complexities, recurrent stroke, TIA, residual shunting after implantation

  • A smaller number of Clinical Trials

  • Insufficient PFP closure devices

KOL-Views

To keep up with the market trends, we take KOLs and SME's opinion working in patent foramen ovale closure devices domain through primary research to fill the data gaps and validate our secondary research. Their opinion helps to understand and validate current and emerging therapies treatment patterns or patent foramen ovale closure devices market trend. This will support the clients in making informed business decisions by identifying the overall scenario of the market and the unmet needs.

Scope of the Report

  • The report covers the descriptive overview of Patent Foramen Ovale (PFO) Closure Devices explaining its causes, signs and symptoms, pathophysiology, diagnosis and currently available therapies.

  • Comprehensive insight has been provided into the epidemiology of the Patent Foramen Ovale (PFO) Closure Devices and its treatment in the 7MM

  • Additionally, a complete account of both the current and emerging treatment for Patent Foramen Ovale (PFO) Closure Devices is provided, along with the assessment of new therapies, which is likely to have an impact on the current market landscape.

  • A detailed review of Patent Foramen Ovale (PFO) Closure Devices market; historical and forecasted market size is included in the report, covering devices outreach in the 7MM.

  • The report provides an edge while developing business strategies, by understanding trends shaping and driving the global Patent Foramen Ovale (PFO) Closure Devices market.

Report Highlights

  • The report covers descriptive overview of Patent Foramen Ovale (PFO) Closure Devices, explaining its causes, signs and symptoms, pathophysiology, diagnosis and currently available therapies.

  • The report provides an insight into the patient population eligible for Patent Foramen Ovale (PFO) Closure Devices in the 7MM, covering the US, EU5 (Germany, Spain, France, Italy, UK) & Japan.

  • The report is a comprehensive account of marketed devices present in the Patent Foramen Ovale (PFO) Closure Devices market.

  • The report also reviews the detailed global historical and forecasted Patent Foramen Ovale (PFO) Closure Devices market including assessing the outreach in 7MM.

  • The report helps in developing business strategies by understanding trends shaping and driving the global Patent Foramen Ovale (PFO) Closure Devices market.

Patent Foramen Ovale (PFO) Closure Devices Report Key Strengths

  • 6 Years Forecast

  • 7MM Coverage

  • Competitive Landscape

  • Patient pool

  • Market Size

Patent Foramen Ovale (PFO) Closure Devices Report Assessment

  • Marketed Product profiles

  • Key Products and Key Players

  • Market Drivers and Barriers

  • Market Forecast

  • KOL'S views

  • PEST Analysis

Key Questions Answered
Market Insights:

  • What was the Patent Foramen Ovale (PFO) Closure Devices market share (%) distribution in 2018 and how it will look like in 2026?

  • What are the key findings pertaining to the market across 7MM and which country will have the largest Patent Foramen Ovale (PFO) Closure Devices market size during the forecast period (2018-2026)?

  • At what CAGR, the Patent Foramen Ovale (PFO) Closure Devices market is expected to grow in 7MM during the forecast period (2018-2026)?

  • What will be the Patent Foramen Ovale (PFO) Closure Devices market outlook across the 7MM during the forecast period (2018-2026)?

  • What will be the Patent Foramen Ovale (PFO) Closure Devices market growth till 2026 and what will be the resultant market size in the year 2026?

  • How will the market drivers, barriers and future opportunities affect the market dynamics and a subsequent analysis of the associated trends?

Competitive Landscape:

  • What are the current devices available in the Patent Foramen Ovale (PFO) Closure Devices market?

  • What is the Patent Foramen Ovale (PFO) Closure Devices available in the market, their product description, regulatory milestones, product development activities, research and development activities etc.?

  • How many key players are developing Patent Foramen Ovale (PFO) Closure Devices?

  • What are the key collaborations (Industry-Industry), Mergers and acquisitions, licensing activities related to the Patent Foramen Ovale (PFO) Closure Devices?

  • What are the key designations that have been granted for the current Patent Foramen Ovale (PFO) Closure Devices?

  • What are the 7MM historical and forecasted market of Patent Foramen Ovale (PFO) Closure Devices?

Companies Mentioned

  • AGA medicals

  • The W.L. Gore & Associates, Inc.

  • Starway Medical Technology Inc.

  • OCCLUTECH GMBH

  • Comed BV

  • The Cardia Inc.

  • The Lifetech Scientific Corporation

  • Heartstitch Inc.

  • PFM medical ag

  • Lepu Medical Technology

For more information about this report visit https://www.researchandmarkets.com/r/v6jiu4

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900