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Ventricular Assist Devices Market Size, Share, Growth and Trends, Report 2024-2031
Ventricular Assist Devices Market || 2024-2031
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Market Dynamics:
Increasing cardiac disease and heart failure burden
The rising prevalence of cardiac diseases and the growing burden of heart failure are anticipated to drive the market for ventricular assist devices (VADs). These factors boost the demand for VADs, which are further supported by technological advancements and increasing device approvals. For example, a 2022 report estimated that heart failure affects approximately 26 million people globally, significantly impacting healthcare costs. Heart failure remains a widespread condition with high morbidity and mortality rates. Moreover, the Journal of the American College of Cardiology highlights high systolic blood pressure as the leading modifiable risk factor for premature cardiovascular deaths, which amounted to about 10.8 million cardiovascular deaths and 11.3 million total deaths in 2021. This condition is notably linked to ischemic heart disease and stroke-related deaths. These trends are expected to drive market growth for VADs in the forecast period.
Segment Covered in the Ventricular Assist Devices Market:
By Product Type: Left Ventricular Assist Device, Right Ventricular Assist Device, Biventricular Assist Device.
By Design: Implantable Ventricular Assist Devices, Transcutaneous Ventricular Assist Devices.
By Application: Bridge to Candidacy Therapy, Bridge to Transplant Therapy, Bridge to Recovery Therapy, Destination Therapy.
By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others.
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Key players involved in Ventricular Assist Devices Market:
• Abbott Laboratories
• Abiomed Inc
• Berlin Heart GmbH
• Medtronic Plc
• Jarvik Heart, Inc
• EVAHEART, INC.
• Cirtec
• CorWave SA
• Calon Cardio-Technology Ltd
• Teleflex Incorporated.
Related Reports:
Cataract Surgery Devices Market: https://www.datamintelligence.com/research-report/cataract-surgery-devices-market
Laparoscopic Instruments Market: https://www.datamintelligence.com/research-report/laparoscopic-instruments-market
Interventional Cardiology Market: https://www.datamintelligence.com/research-report/interventional-cardiology-market
Regional Analysis:
The Ventricular Assist Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Ventricular Assist Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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