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Cardiac Assist Devices Market Size to Reach USD 2.4 Billion by 2025 – Arizton

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Cardiac Assist Devices Market Size to Reach USD 2.4 Billion by 2025 – Arizton

February 22
18:04 2021

The cardiac assist devices market is expected to grow at a CAGR of over 9% during the period 2019–2025.

 

The emergence of next-generation cardiac assist devices is expected to fuel industry growth during the forecast period. The industry has witnessed the launch of several advanced and innovative heart assist devices with major changes in product designs and material usage. The introduction of less invasive devices by surgeons to perform left ventricular assist devices (LVAD) implant surgeries efficiently is leading to promising post-surgical outcomes.

 

 

The following factors are likely to contribute to the growth of the cardiac assist devices market during the forecast period:

  • Growing Global Incidence of Heart Failure
  • Shortage of Donor Hearts & Increasing Patient Waiting List for Heart Transplantation
  • Increasing demand for Shared Care Centers & their Importance Post-LVAD Implantation
  • Technological Advancements
  • New Product Approvals and Line Extensions for Existing Commercial Cardiac Assist Devices

 

The study considers the present scenario of the cardiac assist devices market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

 

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Cardiac Assist Devices Market – Vendor Profiles

 

Key Vendors

  • Abbott
  • Medtronic

 Other Vendors

  • Abiomed
  • Berlin Heart
  • Getinge
  • SynCardia
  • Teleflex
  • ZEON MEDICAL
  • Tokai Medical Products
  • SENKO MEDICAL INSTRUMENT
  • Insightra Medical
  • ReliantHeart
  • PulseCath
  • Jarvik Heart

 

Cardiac Assist Devices Market – Segmentation

 

Market Segmentation by Application  

  • Bridge to Transplant
  • Destination Therapy
  • Others

Market Segmentation by Product  

  • Intra-aortic Balloon Pump (IABP)
  • Ventricular Assist Devices (VADs)
    • Left Ventricular Assist Devices (LVADs)
    • Other VADs
  • Total Artificial Heart (TAH)

Market Segmentation by End-user  

  • Hospitals
  • Special Cardiac Centers

Market Segmentation by Geography

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
  • APAC
    • Japan
    • China
    • India
    • South Korea
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • Turkey
    • Saudi Arabia

 

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Cardiac Assist Devices Market – Table of Contents

 

1              Research Methodology

2              Research Objectives

3              Research Process

 

4              Scope & Coverage

4.1          Market Definition

4.1.1      Inclusion

4.1.2      Exclusions

4.2          Base Year

4.3          Scope of The Study

4.4          Market Segmentation

4.4.1      Product

4.4.2      Application

4.4.3      End-users

4.4.4      Geography

 

5              Report Assumptions & Caveats

5.1          Key Caveats

5.2          Currency Conversion

5.3          Market Derivation

 

6              Market at a Glance

7              Introduction

7.1          Overview

7.1.1      Background

7.1.2      Cardiac Assist Devices

 

8              Market Dynamics

8.1          Market Growth Enablers

8.1.1      Growing Global Prevalence/Incidence of Heart Failure

8.1.2      Shortage of Donor Hearts & Increasing Patient Waiting List for Heart Transplantation

8.1.3      Growing Demand for Shared Care Centers & their Importance Post-LVAD

8.2          Market Restraints

8.2.1      High Cost of Cardiac Assist Devices

8.2.2      Stringent & Time-consuming Regulatory Approvals

8.2.3      Complications & Risks Associated with Cardiac Assist Devices

8.3          Market Opportunities and Trends

8.3.1      Technological Advancements

8.3.2      Promising Investigational Cardiac Assist Devices

8.3.3      New Product Approvals and Line Extensions for Existing Commercial Cardiac Assist Devices

 

9              Market Landscape

9.1          Market Overview

9.2          Market Size and Forecast

9.3          Five Forces Analysis

9.3.1      Threat of New Entrants

9.3.2      Bargaining Power of Suppliers

9.3.3      Bargaining Power of Buyers

9.3.4      Threat of Substitutes

9.3.5      Competitive Rivalry

 

10           Cardiac Assist Devices Market by Product

10.1        Market Snapshot & Growth Engine

10.2        Market Overview

11           Ventricular Assist Devices

11.1        Market Snapshot & Growth Engine

11.2        Market Overview

11.2.1    Market Size & Forecast

11.3        Ventricular Assist Devices Market Segmentation by Product

11.4        Left-Ventricular Assist Devices

11.4.1    Market Overview

11.4.2    Market Size & Forecast

11.5        Other Ventricular Assist Devices

11.5.1    Market Overview

11.5.2    Market Size & Forecast

 

12           Intra-Aortic Balloon Pump Therapy Devices

12.1        Market Overview

12.2        Market Size & Forecast

 

13           Total Artificial Heart

13.1        Market Overview

13.2        Market Size & Forecast

 

14           Cardiac Assist Devices Market by Application

14.1        Market Snapshot & Growth Engine

14.2        Market Overview

14.3        Bridge to Transplantation (BTT)

14.3.1    Market Overview

14.3.2    Market Size & Forecast

14.4        Destination Therapy (DT)

14.4.1    Market Overview

14.4.2    Market Size & Forecast

14.5        Other Applications

14.5.1    Market Overview

14.5.2    Market Size & Forecast

 

15           Cardiac Assist Devices Market by End-Users

15.1        Market Snapshot & Growth Engine

15.2        Market Overview

15.3        Hospitals

15.3.1    Market Overview

15.3.2    Market Size & Forecast

15.4        Specialty Cardiac Centers

15.4.1    Market Overview

15.4.2    Market Size & Forecast

 

16           Cardiac Assist Devices Market by Geography

16.1        Market Snapshot & Growth Engine

16.2        Overview

 

17           North America

17.1        Market Overview

17.2        Market Size & Forecast

17.3        Key Countries

17.3.1    US: Cardiac Assist Devices Market Size & Forecast

17.3.2    Canada: Market Size & Forecast

 

18           Europe

18.1        Market Overview

18.2        Market Size & Forecast

18.3        Key Countries

18.3.1    Germany: Cardiac Assist Devices Market Size & Forecast

18.3.2    France: Market Size & Forecast

18.3.3    UK: Market Size & Forecast

18.3.4    Spain: Market Size & Forecast

18.3.5    Italy: Market Size & Forecast

 

19           APAC

19.1        Market Overview

19.2        Market Size & Forecast

19.3        Key Countries

19.3.1    Japan: Cardiac Assist Devices Market Size & Forecast

19.3.2    China: Market Size & Forecast

19.3.3    Australia: Market Size & Forecast

19.3.4    South Korea: Market Size & Forecast

19.3.5    India: Market Size & Forecast

 

20           Latin America

20.1        Market Overview

20.2        Market Size & Forecast

20.3        Key Countries

20.3.1    Brazil: Cardiac Assist Devices Market Size & Forecast

20.3.2    Mexico: Market Size & Forecast

20.3.3    Argentina: Market Size & Forecast

 

21           Middle East and Africa

21.1        Market Overview

21.2        Market Size & Forecast

21.2        Key Countries

21.2.1    Turkey: Cardiac Assist Devices Market Size & Forecast

21.2.2    Saudi Arabia: Market Size & Forecast

 

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About Arizton Advisory & Intelligence 

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
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Mail: [email protected]
Call: +1-312-235-2040/+1 302 469 0707

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Website: https://www.arizton.com/market-reports/cardiac-assist-devices-market

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