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ABT Stock to Gain From Early CE Mark Approval of Volt PFA System
ABTAbbott(ABT) ZACKS·2025-04-01 13:31

Core Insights - Abbott has received CE Mark approval for its Volt Pulsed Field Ablation (PFA) system, enabling the treatment of atrial fibrillation (AFib) patients in the European Union earlier than anticipated [1][4] - The Volt PFA system is expected to enhance Abbott's electrophysiology portfolio by allowing a single-catheter approach for mapping, pacing, and ablating, thus improving workflow and patient safety [5][6] - The global PFA market is projected to grow significantly, with a valuation of 913.1millionin2024andacompoundannualgrowthrateof33.1913.1 million in 2024 and a compound annual growth rate of 33.1% through 2030, driven by technological advancements [7] Company Performance - Following the announcement of the Volt PFA system, Abbott's stock rose by 3.7%, closing at 131.35, reflecting positive market sentiment [2] - Abbott's market capitalization stands at $226.88 billion, with an earnings yield of 3.9%, significantly higher than the industry average of 0.3% [3] - Over the past year, Abbott's shares have increased by 18.4%, outperforming the industry growth of 9.3% [11] Clinical and Market Relevance - The Volt PFA system demonstrated a 99.1% success rate in achieving pulmonary vein isolation during clinical trials, requiring fewer energy applications compared to existing competitive systems [6] - The Volt PFA system addresses the needs of AFib patients, who face increased risks of stroke and heart failure, by providing a more effective treatment option [4]