The global Patent Foramen Ovale (PFO) Occluder market size is predicted to grow from US$ 146 million in 2025 to US$ 205 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.
A Patent Foramen Ovale (PFO) closure device is a medical device used to treat a patent foramen ovale, a congenital heart defect where a small opening between the upper chambers of the heart (the atria) fails to close after birth. This device is typically implanted through a minimally invasive catheter procedure to seal the opening, preventing abnormal blood flow between the atria. By closing the PFO, the device reduces the risk of complications such as stroke or migraines. It is usually made of a metal framework covered with biocompatible materials, ensuring safety and effectiveness in restoring normal circulation.
The key drivers of the Patent Foramen Ovale (PFO) closure device market is the rising prevalence of stroke and related cardiovascular conditions. Since a PFO increases the risk of stroke, particularly cryptogenic stroke, there is growing demand for minimally invasive treatments to address this condition. Technological advancements in medical devices and increased awareness of PFO-related risks have led to a higher adoption rate of closure devices. Additionally, the growing aging population, which is more susceptible to heart-related disorders, further fuels the demand for PFO closure procedures.
Despite the increasing demand, the PFO closure device market faces significant challenges, primarily the high cost of devices and procedures. This can limit accessibility, particularly in developing regions where healthcare infrastructure and insurance coverage may be lacking. Another challenge is the risk of complications or adverse events associated with PFO closure procedures, such as device embolization or atrial fibrillation. Concerns over long-term safety and the need for more extensive clinical studies may hinder wider acceptance and regulatory approvals in certain markets. Abbott is the market leader with a market share of 80%.
LP Information, Inc. (LPI) ' newest research report, the “Patent Foramen Ovale (PFO) Occluder Industry Forecast” looks at past sales and reviews total world Patent Foramen Ovale (PFO) Occluder sales in 2024, providing a comprehensive analysis by region and market sector of projected Patent Foramen Ovale (PFO) Occluder sales for 2025 through 2031. With Patent Foramen Ovale (PFO) Occluder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Patent Foramen Ovale (PFO) Occluder industry.
This Insight Report provides a comprehensive analysis of the global Patent Foramen Ovale (PFO) Occluder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Patent Foramen Ovale (PFO) Occluder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Patent Foramen Ovale (PFO) Occluder market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Patent Foramen Ovale (PFO) Occluder and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Patent Foramen Ovale (PFO) Occluder.
This report presents a comprehensive overview, market shares, and growth opportunities of Patent Foramen Ovale (PFO) Occluder market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Non-Degradable PFO Occluder
Degradable PFO Occluder
Segmentation by Application:
Hospital
Clinics
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Abbott
Occlutech
Starway
W. L. Gore & Associates
Lepu Medical
LifeTech
Key Questions Addressed in this Report
What is the 10-year outlook for the global Patent Foramen Ovale (PFO) Occluder market?
What factors are driving Patent Foramen Ovale (PFO) Occluder market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Patent Foramen Ovale (PFO) Occluder market opportunities vary by end market size?
How does Patent Foramen Ovale (PFO) Occluder break out by Type, by Application?
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