Ventricular Assist Devices (Vads) Market projected to boost market share with USD $2.5 billion by 2025 |Top leading players| Abiomed, Inc., Boston Scientific Corporation, Berlin Heart GmbH, Biotronik SE & Co. KG, LivaNova PLC, Medtronic plc, ReliantHeart

A Ventricular Assist Device or a VAD is a mechanical pump. When a ventricle of heart (generally left) stops working properly, a VAD has to be attached to theventricle to supply blood through the body. Ventricles constitute the lower chamber of the heart. VAD support heart function and blood flow even in cases of heart failure. It includes a pump that is attached to the heart, an external controller, a cable to connect the pump with controller and a power source to run the device.

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Competitive Insights
The global VADs market is a consolidated market with few large players holding the majority share of the market. The strategy adopted by these players is, acquiring small vendors and growing their product portfolio and market coverage to gain competitive advantage. Some of the major players in VADs market are, Abiomed, Inc., Boston Scientific Corporation, Berlin Heart GmbH, Biotronik SE & Co. KG, LivaNova PLC, Medtronic plc, ReliantHeart Inc., HeartWare International, Inc., Jarvik Heart, Inc., and St. Jude Medical, Inc.

Industry Trend Outlook -
The global Ventricular Assist Devices (Vads) Market is projected to be around $2.5 billion by 2025 and it is expected to exhibit a positive growth over the forecast period. Increasing prevalence of cardiovascular diseases such as coronary artery disorders, heart failure and hypertension are the key factors driving the growth of VADs market. Also, rise in aging population and technological advancements in VADsare largely contributing to the positive market growth. As per a report of the Center for Diseases Control and Prevention, about 5.7 million American adults were affected by heart failure in 2016. VADs are being widely used as destination therapies for patients with advanced heart failure. Heart failure prevalence rises with age following an exponential pattern. Some potential risks associated with VADs are blood clots, excessive bleeding during and after procedure and device malfunctions. These factors can hamper the market growth to some extent.

Regional Outlook and Trend Analysis:
In 2016, North America dominated the global VADs market with highest market share. This dominance can be attributed to the presence of huge patient population along with high adoption of technologically advanced products and high disposable income of the population. With the presence of sophisticated healthcare infrastructure the market will show significant growth over the forecast period.

Asia-Pacific will exhibit fastest growth during the forecast period due to rising number of cases related to diabetic disorders. Promotion of medical tourism activities by governments in various emerging economies to offer cost effective treatment to foreign patients is set to boost the market growth of VADs.

Product Outlook and Trend Analysis
In 2016, left ventricular assist devices (LVADs) segment held the maximum share of the global market. This market dominance can be attributed to rising number of cases with left ventricular damage. LVADs have varied applications in medical conditions such as heart stroke, heart failure and cardiomyopathy. They help in maintaining the required amount of blood flow throughout the body. Right ventricularassist devices (RVADs) are generally implanted in the patient’s heart after an LVAD surgery or other surgery to support the right ventricle.

Design Outlook and Trend Analysis
Percutaneous VADs are less invasive and are different in design and utility as compared to traditional VADs. They are specific types of VADs used as substitutes for traditional VADs or intra-aortic balloon pump (IABP) for short term hemodynamic support. These are used in acute heart failure conditions in case of left ventricular malfunction. Implantable VADs are for patients who cannot have a transplant as a long term solution.

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Market Segmentation
By Product:
Right Ventricular Assist Devices (RVADs)
Left Ventricular Assist Devices (LVADs)
Biventricular Assist Devices (BIVADs)

By Application:
Destination Therapy
BTT and BTD Therapies
BTR Therapy

By Design:
Implantable VADs
Percutaneous VADs

By End User:
Ambulatory Surgical Centers
Hospitals

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By Region
North America - U.S, Canada, Mexico
Europe – Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific- Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World – Brazil, South Africa, Saudi Arabia, United Arab Emirates

Ventricular Assist Devices (Vads) Market Report Offers:

1) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.

2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.

3) An extensive research study on the Global Ventricular Assist Devices (Vads) Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the
Ventricular Assist Devices (Vads) Market

Major Table of Contents:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

2. Executive Summary
2.1. Key Highlights

3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities

....CONTINUED FOR TOC

There are many risks involved with VAD including blood clots, infections, device malfunction, etc. As to the blood clot doctor will prescribe an anticlotting medicine and for the rest just follow the guidelines. Many chronic diseases lead to heart failure. With the aging of a person their ability to remain stable with the help of medicine decreases. In cases of a person who are too critical to wait for a heart donor or those who are not suited for a heart transplant are kept on VAD support. VADs are now used as a lifetime support, enabling the person to lead a normal life.

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