Future Trends In Ventricular Assist Device Market Is Expected To Grow At a CAGR Of +11% BY 2024 | Top Key Players: AbioMed, Abbott (Thoratec), Medtronic (HeartWare), Berlin Heart

Ventricular Assist Device -

Ventricular assist devices are mechanical pumps used to support cardiac circulation in patients who have weakened hearts. 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. The function of VADs is different from that of artificial cardiac pacemakers; some are for short-term use, typically for patients recovering from myocardial infarction (heart attack) and for patients recovering from cardiac surgery; some are for long-term use (months to years to perpetuity), typically for patients suffering from advanced heart failure.

Market Overview -

Research Reports Inc. published a new ‘ Ventricular Assist Device Market 2019’ Report. The Ventricular Assist Device market will record a healthy CAGR of +11% in terms of revenue & expected to reach many million by 2024. The report covers regions like Asia-Pacific, North America, Europe, South America, and Middle East & Africa. The major factors that drive the growth of the global ventricular assist devices market include an increase in the incidence of patients with heart failure and shortage of heart donors. In accordance with the estimates of the American Heart Association, approximately 5.5 million individuals are affected by heart failure in the U.S. In addition, in the U.S., approximately 670,000 new cases of heart failure are diagnosed each year. Moreover, it is estimated that in the U.S., approximately 5.7 million patients of age 20 are affected with heart failure, while 30% of patients are below the age of 60. Some of the key applications in the foot orthotics insole market include Bridge-to-transplant (BTT), Destination Therapy (DT) and others. Bridge-to-transplant (BTT) segment accounted for over 52.2% share of total sales generated in 2018.

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Top Key Players Covered In This Report:

1. AbioMed
2. Abbott (Thoratec)
3. Medtronic (HeartWare)
4. Berlin Heart

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. This study considers the Ventricular Assist Device value generated from the sales of the following segments:

Segmentation By Product Type:

• LVADs
• RVADs
• BIVADs

Segmentation By Application:

• Bridge-to-transplant (BTT)
• Destination Therapy (DT)
• Other

This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey & others.

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Table of Contents

Chapter 1: Scope of the Report
Chapter 2: Executive Summary
Chapter 3: Global Ventricular Assist Device by Players
Chapter 4: Ventricular Assist Device by Regions
Chapter 5: Americas
Chapter 6: APAC
Chapter 7: Europe
Chapter 8: Middle East & Africa
Chapter 9: Market Drivers, Challenges and Trends
Chapter 10: Marketing, Distributors, and Customer
Chapter 11: Global Ventricular Assist Device Market Forecast
Chapter 12: Key Players Analysis

Summary:

The report gathers the essential information including the new strategies for growth of the industry and the potential players of the global Ventricular Assist Device Market. It enrolls the major industry player imperious the global Ventricular Assist Device Market along with their contribution to the global market.

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