According to CDC, it is estimated that 2.7–6.1 million individuals in the U.S. alone suffer from atrial fibrillation. The report further states that the number is likely to increase with the aging of the population in this region. Roughly 2% of the population who are younger than 65 years of age suffers from AF. However, around 9% of the population aged 65 years or more suffers from AF. The global market for atrial fibrillation is expected to grow at a steady pace, owing to the rise in the number of AF patients, caused primarily by common diseases and health conditions such as diabetes, obesity, and hypertension. Prevalence is especially highly among the geriatric population.
Rise in life expectancy among the global population has led to an increase in occurrence of AF in geriatric population. Also, rise in inclination for catheter ablation and technological advancements will fuel the market growth of atrial fibrillation market. Nonetheless, lack of skilled professionals and hostile first choice of pharmaceutical interventions over AF healing devices are projected to encumber the growth of the atrial fibrillation market size. According to the National Center for Biotechnology Information (NCBI), the prevalence of AF is estimated to double in a span of two decades (2010–2030). Favorable regulatory steps such as “National Programme for Prevention and Control of Diabetes, Cardiovascular Diseases and Stroke (NPDCS)” undertaken by the Government of India, which aims to prevent and control premature mortality and morbidity from cardiovascular diseases, stroke and diabetes mellitus. These factors governing the market along with rise in total number of AF cases will propel growth of the market during the forecast period.