Press release
Artificial Heart Market 2019 to Grow with Rise in Cardiac Disorders by 2025 | North America to Hold Largest Industry Share along with Technological Advancements | Global Leaders: SynCardia Systems, BiVACOR, CARMAT, Abbott, Cleveland Heart
Artificial Heart Market
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Artificial hearts are being used to help patients with total heart failure live normal lives past their life expectancy time line, or to help patients survive until their transplant date either by replacing the heart completely or by replacing the ventricles. The device is surgically implanted in the chest in order to help in the functioning of a deteriorating heart. An artificial heart may also be used temporarily and is removed once the heart starts functioning normally. In cases where the damage is severe, the biological heart is completely replaced with the artificial heart. An artificial heart is powered by either compressed air or electricity.
The rise in the number of cardiac disorders along with an increase in the geriatric population is anticipated to drive the artificial heart market in the coming years. Improper lifestyle, leading to deteriorating cardiac condition is expected to offer growth opportunities during the forecast period for the manufacturers of artificial heart.
North America is expected to contribute to the largest share in the artificial heart market in the coming years, due to technological advancements as well as improved treatment of cardiac conditions in United States and Canada. Asia Pacific is expected to record substantial demand for artificial heart market during the forecast period, due to the rise in geriatric population in various Asian countries.
No. of Pages: 111 & Key Players: 10
Key Companies Analyzed in this Report are:
• SynCardia Systems
• BiVACOR
• CARMAT
• Abbott
• Cleveland Heart
• AbioMed
• Jarvik Heart
• MyLVAD
• Cirtec Medical Systems
• Thoratec Corporation
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This report includes the estimation of market size for value (million US$) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Artificial Heart market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
The scope of the Artificial Heart market report is as follows:
• The report provides information on growth segments and opportunities for investment and Benchmark performance against key competitors.
• The research of emerging Artificial Heart market provides the segments, and the existing market segments will help the investors or new business entrants in planning the business strategies accordingly.
• The report provides key details related to Artificial Heart industry like the product definition, cost, variety of applications, demand and supply statistics are covered in this research report.
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Market size by Product
• Ventricular Assist Device (VAD)
• Total Artificial Heart
Market size by End User
• Hospitals
• Clinics
• Others
Major Points Covered in Table of Contents:
1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Artificial Heart Production by Regions
5 Artificial Heart Consumption by Regions
6 Market Size by Type
7 Market Size by Application
8 Manufacturers Profiles
9 Production Forecasts
10 Consumption Forecast
11 Value Chain and Sales Channels Analysis
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
13 Key Findings in the Global Air Conditioning Systems Study
14 Appendix
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