Heart Closure Devices Market – By Product, By Material, By Mode of Delivery, By End Use – Global Forecast, 2025 to 2034
Report ID: GMI6140
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Published Date: July 2023
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Report Format: PDF
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Premium Report Details
Base Year: 2024
Companies covered: 13
Tables & Figures: 104
Countries covered: 19
Pages: 130
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Heart Closure Devices Market Size
The global heart closure devices market was valued at USD 4 billion in 2024 and is expected to exhibit growth at a CAGR of 15.9% from 2025 to 2034. High market growth can be attributed to the growing prevalence of cardiovascular diseases, rising preference for minimally invasive procedures, and favorable reimbursement policies, among other contributing factors.
Cardiovascular diseases (CVDs) continue to be a primary global health concern, claiming millions of lives annually. According to the World Health Organization (WHO), CVDs account for approximately 17.9 million deaths each year. Contributing to this alarming trend are an aging population, a surge in lifestyle-related risk factors such as obesity, hypertension, and diabetes, and increasingly sedentary lifestyles. As a result, there is a heightened demand for minimally invasive solutions, such as heart closure devices, which effectively address structural heart defects across diverse patient demographics.
Additionally, heart closure devices are highly sought after due to their minimally invasive nature, offering patients an alternative to traditional open-heart surgery. These devices are typically implanted via catheter-based procedures, leading to shorter recovery times, less pain, and reduced hospital stays compared to surgical interventions. As minimally invasive procedures gain popularity among both healthcare providers and patients, the demand for heart closure devices continues to expand, supporting significant growth in the market.
Heart closure devices are medical devices used to close abnormal openings in the heart, particularly atrial or ventricular septal defects. These defects are congenital conditions where abnormal openings exist between the chambers of the heart, allowing blood to flow in unintended directions.
Heart Closure Devices Market Trends
Technological advancements are significantly propelling growth in the market, enabling the development of safer, more effective, and minimally invasive solutions for patients with structural heart conditions.
Heart Closure Devices Market Analysis
Based on product, the market is classified into left atrial appendage (LAA) closure devices, atrial septal defect (ASD) closure devices, ventricular septal defect (VSD) closure devices, patent foramen ovale (PFO) closure devices, and other products. The left atrial appendage (LAA) closure devices segment generated the highest revenue of USD 2.2 billion in 2024.
Based on material, the heart closure devices market is classified into nitinol-based devices, stainless steel devices, and other materials. The nitinol-based devices segment is expected to drive business growth and expand at a CAGR of 16%, reaching over USD 9.2 billion by 2034.
Based on mode of delivery, the heart closure devices market is classified into transcatheter delivery and surgical delivery. The transcatheter delivery segment generated the highest revenue of USD 2.5 billion in 2024.
Based on end use, the heart closure devices market is segmented into hospitals, ambulatory surgical centers (ASCs), cardiac catheterization laboratories, and other end users. The hospitals segment dominated the market in 2024 and is anticipated to reach USD 8.6 billion by the end of the forecast period.
North America heart closure devices market accounted for USD 2.7 billion in market revenue in 2024 and is anticipated to grow at a CAGR of 14.3% between the 2025 and 2034.
France heart closure devices market is projected to grow remarkably in the coming years.
Japan holds a dominant position in the Asia Pacific heart closure devices market.
Heart Closure Devices Market Share
The market is highly competitive, with key players including large multinationals like Abbott Laboratories, Boston Scientific Corporation, and Medtronic plc, which lead in innovation and extensive product portfolios. Regional companies and new entrants, particularly from APAC, are intensifying competition with affordable heart closure devices tailored for local markets. The market sees frequent technological advancements, such as advanced design, enhanced comfort, and precision and data tracking systems, which drive ongoing product development.
Heart Closure Devices Market Companies
Prominent players operating in the heart closure devices industry include:
Heart Closure Devices Industry News:
The heart closure devices market research report includes in-depth coverage of the industry with estimates and forecasts in terms of revenue in USD Million and volume in Units from 2021 – 2034 for the following segments:
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Market, By Product
Market, By Material
Market, By Mode of Delivery
Market, By End Use
The above information is provided for the following regions and countries: