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Heart Pump Device Market Set to Grow at 19.4% CAGR to 2024 - Global Manufacturers, Industry Size, Applications, Opportunity and Forecast

12-31-2018 10:22 AM CET | Health & Medicine

Press release from: ReportsnReports

Heart Pump Device

Heart Pump Device

Heart Pump Device Market Sample Papers with Top Trends, Company Profiles & Growth Opportunities spread across 131 Pages, Profiling 12 Companies & Supported with 74 Tables and 33 Figures Now Ready at http://www.reportsnreports.com/contacts/requestsample.aspx?name=1502333 .

Report analyzes heart pump devices market and aims at estimating market size and future growth potential of this market based on various segments such as product, type, therapy, and region. The report also includes competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

The global heart pump devices market is projected to reach USD 3.98 billion by 2022 from an estimated USD 1.64 billion in 2017, at a CAGR of 19.4% during the forecast period. Rising prevalence of cardiovascular diseases, increasing number of regulatory approvals, and a huge gap between the demand and supply of donor hearts is driving the demand for heart pump devices.

Report provides company heart pump devices market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures,research& development, technology, and regional expansion of major participants involved in the market on a global and regional basis.

Key Target Audience of Heart Pumps Devices Market is Manufacturers of heart pump devices, Original equipment manufacturers, Suppliers and distributors of heart pump devices, Healthcare service providers, Transplant centers, Teaching hospitals and academic medical centers, Health insurance players, Government bodies/municipal corporations, Regulatory bodies, Medical research institutes, Business research and consulting service providers, Venture capitalists and Market research and consulting firm.

Click Here For More Information on Heat Pump Devices Market Top Trends and Company Profiles at http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1502333 .

The study provides a decisive view on the heart pump device market by segmenting the market based on product, type, therapy, and by geography. Based on the product, the market is segmented into ventricular assist devices, intra-aortic balloon pumps, and total artificial heart. The ventricular assist devices segment is further sub-segmented into left ventricular assist devices, right ventricular assist devices, bi-ventricular assist devices, and percutaneous ventricular assist devices.

The heart pump device market is segmented on the basis of product, type, therapy, and region. Based on product, the market is segmented into ventricular assist devices, intra-aortic balloon pumps, and total artificial heart. The ventricular assist devices market is expected to grow at the highest CAGR during the forecast period.

The key players in the global heart pump devices market are St. Jude Medical ( subsidiary of Abbott Laboratories) (US), Abiomed (US), Medtronic (Ireland), Getinge (Sweden), Teleflex (US), ReliantHeart (US), BerlinHeart (Germany), Terumo (Japan), SynCardia Systems (US), TandemLife (CardiacAssist) (US), Jarvik Heart (US), and Fresenius Medical Care (Germany).

Access 22% Discount on “Heart Pump Device Market by Product (Ventricular Assist Device (LVAD, RVAD, BiVAD, and pVAD), Intra Aortic Balloon Pump, TAH), Type (Extracorporeal and Implantable Pump), Therapy (Bridge-to-transplant, Destination Therapy) - Global Forecast to 2022” research is available now at http://www.reportsnreports.com/contacts/discount.aspx?name=1502333 .

High growth in the ventricular assist devices market can be primarily attributed to the increased dependency on ventricular assist devices for the treatment of heart failure and technological advancements to improve the safety of these devices.

Break of primary participants was as mentioned below:
• By Company Type – Tier 1–56%, Tier 2–35% and Tier 3–9%
• By Designation – C-level–27%, Director Level–15%, Others–58%
• By Region – North America–38%, Europe–23%, Asia Pacific–25%, Row–15%

Rising demand for implantable heart pump devices to monitor proper heart functioning will be a high impact rendering factor. Wide use of implantable devices such as implantable cardiac defibrillator (ICD), left ventricular assist device (LVAD) and percutaneous heart pumps that help to improve heart’s pumping ability will increase the product demand, thus adoption rate.

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