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The market is witnessing a surge in clinical trials and research activities. Several companies are conducting studies to evaluate the safety and efficacy of these devices in treating heart failure patients. This trend is expected to generate more robust clinical evidence, potentially leading to wider adoption of interatrial shunt devices in clinical practice.
Key players in the market include Adona Medical, Alleviant Medical, BioVentrix, Corvia Medical, CryoLife, Edwards Lifesciences, Gore Medical, InterShunt Technologies, Johnson & Johnson, Lepu Medical, Medtronic, and Micro Interventional Devices.
The U.S. interatrial shunt devices market recorded USD 1.1 billion in revenue in 2024 and is anticipated to witness substantial growth, supported by advanced healthcare infrastructure and a high prevalence of cardiovascular conditions.
The balloon expandable devices segment generated USD 2.1 billion in revenue in 2024 and is expected to grow significantly due to their precise placement and controlled expansion capabilities, which enhance procedural outcomes.
The global interatrial shunt devices industry was valued at USD 3.8 billion in 2024 and is projected to grow at a 7% CAGR from 2025 to 2034, driven by increasing prevalence of cardiovascular diseases and advancements in medical technology.