Press release
Ventricular Assist Device Market Set for Rapid Growth and Trend by 2027 | ABIOMED, Thoratec, Berlin Heart, ReliantHeart, Calon Cardio, HeartWare International and Medtronic
Ventricular Assist Device Market
A ventricular assist device (VAD) is an electromechanical device for assisting cardiac circulation, which is used either to partially or to completely replace the function of a failing heart. In some instances VAD's are also used as destination therapy (DT). In this instance, the patient shall not undergo a heart transplantation and the VAD is what the patient will use for the remainder of his life.
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The market of ventricular assist device market is anticipated to grow with a significant rate in the coming years, owing to factors such as, increasing prevalence and incidence of patients with heart failure, increasing prevalence of cardiovascular diseases and shortage of heart donors. Furthermore, the development of technology in the healthcare industry in Asia Pacific and Europe are expected to offer growth opportunities for the players operating in the market.
Conversely, specific limitations of these devices like high cost and serious risks tangled with implantation procedure of a ventricular assist device restrict the market growth.
Key Players Influencing the Market:
1. CARDIACASSIST, INC
2. JARVIK HEART, INC.
3. ABIOMED
4. THORATEC CORPORATION
5. BERLIN HEART
6. RELIANTHEART, INC.
7. TERUMO CORPORATION
8. CALON CARDIO
9. HEARTWARE INTERNATIONAL
10. MEDTRONIC PLC.
Market Segmentation :
The global ventricular assist device market is segmented on the basis of product, technology, End User, and Geography. The product segment includes, Biventricular Assist Devices, Left Ventricular Assist Devices, and Right Ventricular Assist Devices. Based on type, the market is segmented as, Implantable Ventricular Assist Devices, Transcutaneous Ventricular Assist Devices. Based on application, the market is segmented as, Destination therapy, Bridge-to-recovery therapy, Bridge-to-transplant therapy, Bridge-to-candidacy therapy
Major Factors :
Global Ventricular Assist Device Market Overview
Economic Impact on Market
Market Competition
Global Ventricular Assist Device Market Analysis by Application
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Global Ventricular Assist Device Market Effect, Factors, Analysis
Global Ventricular Assist Device Market Forecast
The Ventricular Assist Device Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 - 2027, considering 2018 as the base year and 2018 - 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions.
The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Envision the restrictions and restrains that are likely to hamper the market.
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Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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