Although the COVID-19 pandemic will have a negative impact on procedure volumes and market growth in 2020, the Asia Pacific market for structural heart closure devices will grow moderately in most countries covered through 2029 fueled by strong expansion of the PFO and LAA closure device spaces.

This Medtech 360 Report provides comprehensive data and analysis on the current state of the structural heart closure device market in Asia Pacific across a 10-year period.

The Asia Pacific structural heart closure device market will be impacted by the COVID-19 pandemic in the early years of the forecast.

What guidance or recommendations have been issued for structural heart closure procedures in the face of infection containment and self-isolation measures?

How will the pandemic impact clinical trials and product launches?

The Asia Pacific market for structural heart closure devices will grow moderately through 2029.

Which segment contributed the most to Asia Pacific revenues in 2019?

What are the different growth trends by region? How has the reimbursement landscape changed for structural heart closure procedures in the countries covered?

Which companies are the market leaders in the Asia Pacific structural heart closure device market? What strategies will domestic companies use to compete in the Chinese market?

The LAA closure device segment represents a significant market opportunity for manufacturers in the structural heart closure device space.

How will Lifetech Scientific compete with Abbott Laboratories? What strategies will these companies adopt to sustain shares in this dynamic and competitive market?

Which competitor is the market leader in Asia Pacific LAA closure device market, and why?

How do Asia Pacific countries differ in terms of the adoption of epicardial and endocardial LAA closure devices, and how will these differences affect trends going forward?

The Asia Pacific market for PFO closure devices has faced challenges in the past but is positioned for growth given recent positive clinical data.

What new clinical evidence challenges the historically troubled body of evidence for PFO closure? 

How will the penetration of PFO closure devices differ within the Asia Pacific countries?

Table of contents

  • Structural Heart Closure Devices - Market Insights - Asia Pacific
    • Abstract
    • Executive Summary
      • COVID-19 Updates
        • Market Highlights
          • Factors Impacting the Structural Heart Closure Device Market, by Procedure Type, Asia Pacific
          • Structural Heart Closure Device Market, by Procedure Type, Asia Pacific (USD), 2019–2029
          • Structural Heart Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
          • Structural Heart Closure Device Market Landscape, Asia Pacific (USD), 2019 and 2029
        • Competitive Highlights
          • Competitive Factors and Strategies, by Procedure Type, Asia Pacific
          • Structural Heart Closure Device Revenue Market Share Rankings, by Procedure Type, Asia Pacific, 2019
        • Market Developments
          • Recent Events in the Structural Heart Closure Device Market, Asia Pacific
          • Key Clinical Trials in the Structural Heart Closure Device Market, Asia Pacific
          • Emerging Products for the Structural Heart Closure Device Market, Asia Pacific
        • End-User Insights
          • Geographies Covered
            • Geographies Covered, Asia Pacific
            • Average Currency Exchange Rates
          • Procedures and Products Covered
            • Structural Heart Closure Device Procedures and Products Covered, Asia Pacific
        • Key Report Updates
          • COVID-19 Analysis
            • Market Impact
              • COVID-19 Impact Assessment Summary, Structural Heart Closure Device Market, Asia Pacific
            • Guidance and Recommendations
              • Guidance and Recommendations for Structural Heart Closure Procedures
            • Major Market Forecast Changes and Assumptions
              • Structural Heart Closure Device Market, by Procedure Type, Asia Pacific (USD), 2019–2029 (Excluding COVID-19 Impact)
              • Structural Heart Closure Device Market, by Procedure Type, Asia Pacific (USD), 2019–2029 (Including COVID-19 Impact)
            • Competitive Impact
              • COVID-19 Competitive Factors and Strategies, Structural Heart Closure Device Market, Asia Pacific
              • COVID-19 Impact by Competitor, Structural Heart Closure Device Market, Asia Pacific
          • Structural Heart Closure Device Market
            • Market Highlights
              • Factors Impacting the Structural Heart Closure Device Market, by Procedure Type, Asia Pacific
              • Structural Heart Closure Device Market, by Procedure Type, Asia Pacific (USD), 2019–2029
              • Structural Heart Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
            • Market Definitions
              • Market Forecast Data
                • Structural Heart Closure Procedures, by Procedure Type, Asia Pacific, 2019–2029
                • Structural Heart Closure Procedures, by Country, Asia Pacific, 2019–2029
                • Structural Heart Closure Device Market, by Procedure Type, Asia Pacific (USD), 2019–2029
                • Structural Heart Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
              • Competitive Highlights
                • Market Shares
                  • Structural Heart Closure Device Revenue Market Shares, Asia Pacific, 2019
                  • Structural Heart Closure Device Revenue Market Shares, by Procedure Type, Asia Pacific, 2019
                • Competitive Factors and Strategies
                  • Competitive Factors and Strategies, by Procedure Type, Asia Pacific
                • Market Developments
                  • Recent Events in the Structural Heart Closure Device Market, Asia Pacific
                  • Key Clinical Trials in the Structural Heart Closure Device Market, Asia Pacific
                  • Emerging Products for the Structural Heart Closure Device Market, Asia Pacific
              • Congenital Heart Defect Closure Device Market
                • Market Highlights
                  • Congenital Heart Defect Closure Device Market, by Indication, Asia Pacific (USD), 2019–2029
                  • Congenital Heart Defect Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                • Market Definitions
                  • Market Forecast Data
                    • Congenital Heart Defect Closure Procedures, by Indication, Asia Pacific, 2019–2029
                    • Congenital Heart Defect Closure Procedures, by Country, Asia Pacific, 2019–2029
                    • Congenital Heart Defect Closure Device Market, by Indication, Asia Pacific (USD), 2019–2029
                    • Congenital Heart Defect Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                    • ASD Closure Procedures, by Country, Asia Pacific, 2019–2029
                    • ASD Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                    • ASD Closure Device Market Growth, by Country, Asia Pacific, 2020–2029
                    • PDA Closure Procedures, by Procedure Type, Asia Pacific, 2019–2029
                    • Device-Based PDA Closure Procedures, by Country, Asia Pacific, 2019–2029
                    • PDA Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                    • PDA Closure Device Market Growth, by Country, Asia Pacific, 2020–2029
                    • VSD Closure Procedures, by Country, Asia Pacific, 2019–2029
                    • VSD Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                    • VSD Closure Device Market Growth, by Country, Asia Pacific, 2020–2029
                    • Congenital Heart Defect Closure Procedures, by Indication, Australia, 2019–2029
                    • PDA Closure Procedures, by Procedure Type, Australia, 2019–2029
                    • Congenital Heart Defect Closure Device Market, by Indication, Australia (USD), 2019–2029
                    • Congenital Heart Defect Closure Device Market Growth, by Indication, Australia, 2020–2029
                    • Congenital Heart Defect Closure Procedures, by Indication, China, 2019–2029
                    • PDA Closure Procedures, by Procedure Type, China, 2019–2029
                    • Congenital Heart Defect Closure Device Market, by Indication, China (USD), 2019–2029
                    • Congenital Heart Defect Closure Device Market Growth, by Indication, China, 2020–2029
                    • Congenital Heart Defect Closure Procedures, by Indication, India, 2019–2029
                    • PDA Closure Procedures, by Procedure Type, India, 2019–2029
                    • Congenital Heart Defect Closure Device Market, by Indication, India (USD), 2019–2029
                    • Congenital Heart Defect Closure Device Market Growth, by Indication, India, 2020–2029
                    • Congenital Heart Defect Closure Procedures, by Indication, South Korea, 2019–2029
                    • PDA Closure Procedures, by Procedure Type, South Korea, 2019–2029
                    • Congenital Heart Defect Closure Device Market, by Indication, South Korea (USD), 2019–2029
                    • Congenital Heart Defect Closure Device Market Growth, by Indication, South Korea, 2020–2029
                  • Competitive Highlights
                    • Market Shares
                      • Congenital Heart Defect Closure Device Revenue Market Shares, Asia Pacific, 2019
                      • Congenital Heart Defect Closure Device Revenue Market Shares, by Indication, Asia Pacific, 2019
                    • Competitive Factors and Strategies
                      • Competitive Factors and Strategies, by Indication, Asia Pacific
                  • Patent Foramen Ovale Closure Device Market
                    • Market Highlights
                      • PFO Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                    • Market Definitions
                      • Market Forecast Data
                        • PFO Closure Procedures, by Country, Asia Pacific, 2019–2029
                        • PFO Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                        • PFO Closure Device Market Growth, by Country, Asia Pacific, 2020–2029
                      • Competitive Highlights
                        • Market Shares
                          • PFO Closure Device Revenue Market Shares, Asia Pacific, 2019
                          • PFO Closure Device Revenue Market Shares, Asia Pacific, 2019
                        • Competitive Factors and Strategies
                          • Competitive Factors and Strategies, Asia Pacific
                      • Left Atrial Appendage Closure Device Market
                        • Market Highlights
                          • LAA Closure Device Market, by Technique, Asia Pacific (USD), 2019–2029
                          • LAA Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                        • Market Definitions
                          • Market Forecast Data
                            • LAA Closure Procedures, by Technique, Asia Pacific, 2019–2029
                            • LAA Closure Procedures, by Country, Asia Pacific, 2019–2029
                            • LAA Closure Device Market, by Technique, Asia Pacific (USD), 2019–2029
                            • LAA Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                            • Endocardial LAA Closure Procedures, by Country, Asia Pacific, 2019–2029
                            • Endocardial LAA Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                            • Endocardial LAA Closure Device Market Growth, by Country, Asia Pacific, 2020–2029
                            • Epicardial LAA Closure Procedures, by Country, Asia Pacific, 2019–2029
                            • Epicardial LAA Closure Device Market, by Country, Asia Pacific (USD), 2019–2029
                            • Epicardial LAA Closure Device Market Growth, by Country, Asia Pacific, 2020–2029
                            • LAA Closure Procedures, by Technique, Australia, 2019–2029
                            • LAA Closure Device Market, by Technique, Australia (USD), 2019–2029
                            • LAA Closure Device Market Growth, by Technique, Australia, 2020–2029
                            • LAA Closure Procedures, by Technique, China, 2019–2029
                            • LAA Closure Device Market, by Technique, China (USD), 2019–2029
                            • LAA Closure Device Market Growth, by Technique, China, 2020–2029
                            • LAA Closure Procedures, by Technique, India, 2019–2029
                            • LAA Closure Device Market, by Technique, India (USD), 2019–2029
                            • LAA Closure Device Market Growth, by Technique, India, 2020–2029
                            • LAA Closure Procedures, by Technique, South Korea, 2019–2029
                            • LAA Closure Device Market, by Technique, South Korea (USD), 2019–2029
                            • LAA Closure Device Market Growth, by Technique, South Korea, 2020–2029
                          • Competitive Highlights
                            • Market Shares
                              • LAA Closure Device Revenue Market Shares, Asia Pacific, 2019
                              • LAA Closure Device Revenue Market Shares, by Technique, Asia Pacific, 2019
                            • Competitive Factors and Strategies
                              • Competitive Factors and Strategies, by Technique, Asia Pacific
                          • Appendix
                            • Abbreviations
                              • Bibliography

                            Author(s): Sangeetha Iyer, Pharm.D

                            Sangeetha Iyer is a senior analyst within the Cardiovascular Medtech Insights team at Decision Resource Group, specializing in structural heart closure and vascular access device markets across the Asia Pacific region, as well as medical device pricing and regulations in China and Japan. Sangeetha has represented India at the European Society of Cardiology conference in Greece (2016) and Sweden (2017), where her research poster was awarded the top prize. Sangeetha holds a Doctor of Pharmacy degree from the Manipal Academy of Higher Education. Follow Sangeetha on twitter: @Slyer_DRG