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PFO Closure Device-Global Market Insights and Sales Trends 2025
Synopsis
Patent Foramen Ovale (PFO), A hole in your heart would seem to be the very definition of a “problem.” Yet more than a quarter of the population has one, and for most it causes no adverse health effects. In fact, the vast majority of those affected don’t even know it.
There are two kinds of holes in the heart. One is called an atrial septal defect (ASD), and the other is a patent foramen ovale (PFO). Although both are holes in the wall of tissue (septum) between the left and right upper chambers of the heart (atria), their causes are quite different. An ASD is a failure of the septal tissue to form between the atria, and as such it is considered a congenital heart defect, something that you are born with. Generally, an ASD hole is larger than that of a PFO. The larger the hole, the more likely there are to be symptoms.
The global PFO Closure Device market size is expected to reach US$ 208 million by 2029, growing at a CAGR of 7.9% from 2023 to 2029. The market is mainly driven by the significant applications of PFO Closure Device in various end use industries. The expanding demands from the Public Hospital and Private Hospital, are propelling PFO Closure Device market. Non-degradable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Degradable segment is estimated at % CAGR for the next seven-year period.
The main market for PFO shut-off devices is Europe with approximately 55%, followed by North America with approximately 20%. Abbott, Occlutech and Starway are the leading manufacturers, with Abbott leading the world with about 70%. Non-degradable PFO Occluder is the main type, with a share about 93%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for PFO Closure Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global PFO Closure Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global PFO Closure Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, PFO Closure Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of PFO Closure Device covered in this report include Abbott, Occlutech, Starway, W. L. Gore & Associates, Cardia and LifeTech, etc.
The global PFO Closure Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott
Occlutech
Starway
W. L. Gore & Associates
Cardia
LifeTech
Global PFO Closure Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global PFO Closure Device market, Segment by Type:
Non-degradable
Degradable
Global PFO Closure Device market, by Application
Public Hospital
Private Hospital
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of PFO Closure Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of PFO Closure Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Patent Foramen Ovale (PFO), A hole in your heart would seem to be the very definition of a “problem.” Yet more than a quarter of the population has one, and for most it causes no adverse health effects. In fact, the vast majority of those affected don’t even know it.
There are two kinds of holes in the heart. One is called an atrial septal defect (ASD), and the other is a patent foramen ovale (PFO). Although both are holes in the wall of tissue (septum) between the left and right upper chambers of the heart (atria), their causes are quite different. An ASD is a failure of the septal tissue to form between the atria, and as such it is considered a congenital heart defect, something that you are born with. Generally, an ASD hole is larger than that of a PFO. The larger the hole, the more likely there are to be symptoms.
The global PFO Closure Device market size is expected to reach US$ 208 million by 2029, growing at a CAGR of 7.9% from 2023 to 2029. The market is mainly driven by the significant applications of PFO Closure Device in various end use industries. The expanding demands from the Public Hospital and Private Hospital, are propelling PFO Closure Device market. Non-degradable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Degradable segment is estimated at % CAGR for the next seven-year period.
The main market for PFO shut-off devices is Europe with approximately 55%, followed by North America with approximately 20%. Abbott, Occlutech and Starway are the leading manufacturers, with Abbott leading the world with about 70%. Non-degradable PFO Occluder is the main type, with a share about 93%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for PFO Closure Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global PFO Closure Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global PFO Closure Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, PFO Closure Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of PFO Closure Device covered in this report include Abbott, Occlutech, Starway, W. L. Gore & Associates, Cardia and LifeTech, etc.
The global PFO Closure Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott
Occlutech
Starway
W. L. Gore & Associates
Cardia
LifeTech
Global PFO Closure Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global PFO Closure Device market, Segment by Type:
Non-degradable
Degradable
Global PFO Closure Device market, by Application
Public Hospital
Private Hospital
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of PFO Closure Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of PFO Closure Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 PFO Closure Device Market Overview
1.1 PFO Closure Device Product Overview
1.2 PFO Closure Device Market Segment by Type
1.2.1 Non-degradable
1.2.2 Degradable
1.3 Global PFO Closure Device Market Size by Type
1.3.1 Global PFO Closure Device Market Size Overview by Type (2018-2029)
1.3.2 Global PFO Closure Device Historic Market Size Review by Type (2018-2023)
1.3.3 Global PFO Closure Device Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America PFO Closure Device Sales Breakdown by Type (2018-2023)
1.4.2 Europe PFO Closure Device Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific PFO Closure Device Sales Breakdown by Type (2018-2023)
1.4.4 Latin America PFO Closure Device Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa PFO Closure Device Sales Breakdown by Type (2018-2023)
2 Global PFO Closure Device Market Competition by Company
2.1 Global Top Players by PFO Closure Device Sales (2018-2023)
2.2 Global Top Players by PFO Closure Device Revenue (2018-2023)
2.3 Global Top Players by PFO Closure Device Price (2018-2023)
2.4 Global Top Manufacturers PFO Closure Device Manufacturing Base Distribution, Sales Area, Product Type
2.5 PFO Closure Device Market Competitive Situation and Trends
2.5.1 PFO Closure Device Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by PFO Closure Device Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in PFO Closure Device as of 2022)
2.7 Date of Key Manufacturers Enter into PFO Closure Device Market
2.8 Key Manufacturers PFO Closure Device Product Offered
2.9 Mergers & Acquisitions, Expansion
3 PFO Closure Device Status and Outlook by Region
3.1 Global PFO Closure Device Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global PFO Closure Device Historic Market Size by Region
3.2.1 Global PFO Closure Device Sales in Volume by Region (2018-2023)
3.2.2 Global PFO Closure Device Sales in Value by Region (2018-2023)
3.2.3 Global PFO Closure Device Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global PFO Closure Device Forecasted Market Size by Region
3.3.1 Global PFO Closure Device Sales in Volume by Region (2024-2029)
3.3.2 Global PFO Closure Device Sales in Value by Region (2024-2029)
3.3.3 Global PFO Closure Device Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global PFO Closure Device by Application
4.1 PFO Closure Device Market Segment by Application
4.1.1 Public Hospital
4.1.2 Private Hospital
4.2 Global PFO Closure Device Market Size by Application
4.2.1 Global PFO Closure Device Market Size Overview by Application (2018-2029)
4.2.2 Global PFO Closure Device Historic Market Size Review by Application (2018-2023)
4.2.3 Global PFO Closure Device Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America PFO Closure Device Sales Breakdown by Application (2018-2023)
4.3.2 Europe PFO Closure Device Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific PFO Closure Device Sales Breakdown by Application (2018-2023)
4.3.4 Latin America PFO Closure Device Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa PFO Closure Device Sales Breakdown by Application (2018-2023)
5 North America PFO Closure Device by Country
5.1 North America PFO Closure Device Historic Market Size by Country
5.1.1 North America PFO Closure Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America PFO Closure Device Sales in Volume by Country (2018-2023)
5.1.3 North America PFO Closure Device Sales in Value by Country (2018-2023)
5.2 North America PFO Closure Device Forecasted Market Size by Country
5.2.1 North America PFO Closure Device Sales in Volume by Country (2024-2029)
5.2.2 North America PFO Closure Device Sales in Value by Country (2024-2029)
6 Europe PFO Closure Device by Country
6.1 Europe PFO Closure Device Historic Market Size by Country
6.1.1 Europe PFO Closure Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe PFO Closure Device Sales in Volume by Country (2018-2023)
6.1.3 Europe PFO Closure Device Sales in Value by Country (2018-2023)
6.2 Europe PFO Closure Device Forecasted Market Size by Country
6.2.1 Europe PFO Closure Device Sales in Volume by Country (2024-2029)
6.2.2 Europe PFO Closure Device Sales in Value by Country (2024-2029)
7 Asia-Pacific PFO Closure Device by Region
7.1 Asia-Pacific PFO Closure Device Historic Market Size by Region
7.1.1 Asia-Pacific PFO Closure Device Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific PFO Closure Device Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific PFO Closure Device Sales in Value by Region (2018-2023)
7.2 Asia-Pacific PFO Closure Device Forecasted Market Size by Region
7.2.1 Asia-Pacific PFO Closure Device Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific PFO Closure Device Sales in Value by Region (2024-2029)
8 Latin America PFO Closure Device by Country
8.1 Latin America PFO Closure Device Historic Market Size by Country
8.1.1 Latin America PFO Closure Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America PFO Closure Device Sales in Volume by Country (2018-2023)
8.1.3 Latin America PFO Closure Device Sales in Value by Country (2018-2023)
8.2 Latin America PFO Closure Device Forecasted Market Size by Country
8.2.1 Latin America PFO Closure Device Sales in Volume by Country (2024-2029)
8.2.2 Latin America PFO Closure Device Sales in Value by Country (2024-2029)
9 Middle East and Africa PFO Closure Device by Country
9.1 Middle East and Africa PFO Closure Device Historic Market Size by Country
9.1.1 Middle East and Africa PFO Closure Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa PFO Closure Device Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa PFO Closure Device Sales in Value by Country (2018-2023)
9.2 Middle East and Africa PFO Closure Device Forecasted Market Size by Country
9.2.1 Middle East and Africa PFO Closure Device Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa PFO Closure Device Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Abbott
10.1.1 Abbott Company Information
10.1.2 Abbott Introduction and Business Overview
10.1.3 Abbott PFO Closure Device Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Abbott PFO Closure Device Products Offered
10.1.5 Abbott Recent Development
10.2 Occlutech
10.2.1 Occlutech Company Information
10.2.2 Occlutech Introduction and Business Overview
10.2.3 Occlutech PFO Closure Device Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Occlutech PFO Closure Device Products Offered
10.2.5 Occlutech Recent Development
10.3 Starway
10.3.1 Starway Company Information
10.3.2 Starway Introduction and Business Overview
10.3.3 Starway PFO Closure Device Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Starway PFO Closure Device Products Offered
10.3.5 Starway Recent Development
10.4 W. L. Gore & Associates
10.4.1 W. L. Gore & Associates Company Information
10.4.2 W. L. Gore & Associates Introduction and Business Overview
10.4.3 W. L. Gore & Associates PFO Closure Device Sales, Revenue and Gross Margin (2018-2023)
10.4.4 W. L. Gore & Associates PFO Closure Device Products Offered
10.4.5 W. L. Gore & Associates Recent Development
10.5 Cardia
10.5.1 Cardia Company Information
10.5.2 Cardia Introduction and Business Overview
10.5.3 Cardia PFO Closure Device Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Cardia PFO Closure Device Products Offered
10.5.5 Cardia Recent Development
10.6 LifeTech
10.6.1 LifeTech Company Information
10.6.2 LifeTech Introduction and Business Overview
10.6.3 LifeTech PFO Closure Device Sales, Revenue and Gross Margin (2018-2023)
10.6.4 LifeTech PFO Closure Device Products Offered
10.6.5 LifeTech Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 PFO Closure Device Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 PFO Closure Device Industrial Chain Analysis
11.4 PFO Closure Device Market Dynamics
11.4.1 PFO Closure Device Industry Trends
11.4.2 PFO Closure Device Market Drivers
11.4.3 PFO Closure Device Market Challenges
11.4.4 PFO Closure Device Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 PFO Closure Device Distributors
12.3 PFO Closure Device Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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