Global Transseptal Access Systems Market to Grow at Over 10% CAGR through 2025

ALBANY, USA, 2018-Mar-30 — /EPR Network/ —A new informative study titled “Global Market Study on Transseptal Access Systems: Transseptal Access Sheath Product Type to Lead the Global Market in Terms of Value Share” has recently been added to the repository of Market Research Reports Search Engine (MRRSE). The report projects the global transseptal access systems market to grow at a CAGR of over 10% through 2025.

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According to the report, global demand for transseptal access systems is likely to grow on account of rising prevalence of atrial fibrillation around the globe. The increasing preference towards minimally invasive procedures is also boosting the adoption of transseptal access systems globally. The report offers a detailed analysis on the key drivers, restraints, opportunities, and threats that are boosting the adoption of transseptal access systems among end-users.

The report segments the global transseptal access systems market into end user, application, product type and region. The end user segment is further sub-segmented into specialty clinics, ambulatory surgical centers and hospitals. The application segment is categorized into left atrial appendage occlusion, mitral valve repair and atrial fibrillation ablation. The product type segment is further bifurcated into transseptal access needle and transseptal access sheath. Geographically, the market is divided into key regions globally which are North America, Latin America, Europe, Asia Pacific and Middle East & Africa.

By end user, hospitals accounted for the leading revenue share of the transseptal access system market. It is highly likely that hospitals will remain the leading end-users for transseptal access systems during the assessment period. By application, atrial fibrillation ablation segment is likely to remain the most lucrative segment during the assessment period, whereas mitral valve repair segment will be the second most lucrative segment.

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Transseptal access sheath is likely to remain one of the most lucrative product type segments globally. This segment accounts for over 80% revenue share of the market, and its dominance is likely to remain unchanged during the assessment period. North America is the largest market for transseptal access systems globally. The market in North America is likely to remain concentrated in the US – the report projects the North America transseptal access systems market to grow at 9.4% CAGR during the assessment period.

The report profiles some of the leading players operating in the market. Some of these players are Boston Scientific Corporation, Biosense Webster, Inc. (Johnson & Johnson), Medtronic plc, Terumo Corporation, Merit Medical Systems, Inc., St. Jude Medical LLC (Abbott Laboratories), Baylis Medical Company, Inc., Cook Medical LLC, Pressure Product Medical Device Manufacturing LLC and Transseptal Solutions, Inc.

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