Patent Foramen Ovale (PFO) Closure Devices Market

By Product Type;

Accessories, Delivery Systems and Occluders

By Procedure Type;

Surgical Closure- [Minimally Invasive and Open Techniques] and Transcatheter Closure -[Femoral or Jugular Vein Access]

By End Use;

Hospitals and Ambulatory Surgical Centers

By Material Type;

Nitinol, Dacron and ePTFE Polymers

By Distribution Channel;

Direct Sales & Distributor Networks [Offline and Online Platforms]

By Patient Age Group;

Adults and Pediatrics

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn418119580 Published Date: September, 2025 Updated Date: November, 2025

Patent Foramen Ovale (PFO) Closure Devices Market Overview

PFO Closure Devices Market (USD Million)

PFO Closure Devices Market was valued at USD 155.85 million in the year 2024. The size of this market is expected to increase to USD 263.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.


Patent Foramen Ovale (PFO) Closure Devices Market

*Market size in USD million

CAGR 7.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.8 %
Market Size (2024)USD 155.85 Million
Market Size (2031)USD 263.78 Million
Market ConcentrationMedium
Report Pages371
155.85
2024
263.78
2031

Major Players

  • Abbott Laboratories
  • Lifetech Scientific Corporation
  • Occlutech
  • W. L. Gore & Associates
  • pfm medical ag
  • Cardia, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Patent Foramen Ovale (PFO) Closure Devices Market

Fragmented - Highly competitive market without dominant players


The Patent Foramen Ovale (PFO) Closure Devices Market is witnessing steady growth as more patients are diagnosed with PFO-related health conditions. Around 25% of the population has a PFO, and nearly 15% of these individuals face complications such as stroke and migraines. This rising incidence is fueling the adoption of closure devices as a reliable therapeutic solution.

Increasing Demand for Minimally Invasive Solutions
Almost 40% of closure interventions now rely on minimally invasive devices, reflecting the strong preference for reduced recovery time, lower complication rates, and better treatment efficiency. This growing demand highlights the central role of the PFO closure devices market in modern cardiac interventions.

Clinical Efficacy and Patient Outcomes
Studies indicate that nearly 35% of patients treated with closure devices experience a reduction in recurrent strokes, while about 20% of migraine sufferers report relief. These positive outcomes emphasize how PFO closure devices significantly enhance patient safety, care standards, and long-term wellbeing.

Technological Innovations Driving Adoption
Over 30% of recent device introductions feature advanced designs, superior biocompatibility, and flexible structures. These innovations are aimed at improving safety, durability, and ease of implantation, ensuring the PFO closure devices market continues to expand through technology-driven advancements.

Positive Market Growth Outlook
More than 45% of projected opportunities in this sector stem from innovative research, clinical trials, and patient-focused product development. Supported by its proven safety and efficacy, the Patent Foramen Ovale Closure Devices Market is positioned for consistent growth in the cardiovascular treatment landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Procedure Type
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Material Type
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Patient Age Group
    7. Market Snapshot, By Region
  4. Patent Foramen Ovale (PFO) Closure Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Medical Technology
        2. Increasing Awareness and Diagnosis
        3. Aging Population
      2. Restraints
        1. Regulatory Hurdles
        2. Limited Reimbursement Policies
        3. Procedural Risks and Complications
      3. Opportunities
        1. Emerging Markets
        2. Customized Solutions
        3. Collaborations and Partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Patent Foramen Ovale (PFO) Closure Devices Market, By Product Type, 2021 - 2031 (USD Million)
      1. Accessories
      2. Delivery Systems
      3. Occluders
    2. Patent Foramen Ovale (PFO) Closure Devices Market, By Procedure Type, 2021 - 2031 (USD Million)
      1. Surgical Closure
        1. Minimally Invasive
        2. Open Techniques
      2. Transcatheter Closure
        1. Femoral or Jugular Vein Access
    3. Patent Foramen Ovale (PFO) Closure Devices Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
    4. Patent Foramen Ovale (PFO) Closure Devices Market, By Material Type, 2021 - 2031 (USD Million)
      1. Nitinol
      2. Dacron
      3. ePTFE Polymers
    5. Patent Foramen Ovale (PFO) Closure Devices Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Direct Sales & Distributor Networks
        1. Offline
        2. Online Platforms
    6. Patent Foramen Ovale (PFO) Closure Devices Market, By Patient Age Group, 2021 - 2031 (USD Million)
      1. Adults
      2. Pediatrics
    7. Patent Foramen Ovale (PFO) Closure Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Lifetech Scientific Corporation
      3. Occlutech
      4. W. L. Gore & Associates
      5. pfm medical ag
      6. Cardia, Inc.
  7. Analyst Views
  8. Future Outlook of the Market