Exhaustive Study on Total Artificial Heart Market 2019 | Strategic Assessment by Top Players SynCardia Systems, Lic, Bivacor Inc., Carmat, Cleveland Heart, Inc., Abiomed

Key Companies Analyzed in Total Artificial Heart Market Report are: - SynCardia Systems, LLC, BiVACOR Inc., CARMAT, Cleveland Heart, Inc., ABIOMED, ON-X LIFE TECHNOLOGIES INC., Abbott, Cirtec, Thoratec Corporation, MyLVAD.

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An artificial heart (or more specifically total artificial heart) can be considered as a prosthetic device implanted into the body to replace the organic mammalian heart. The synthetic replacement in humans acts as a system of mechanical circulatory support system wherein the patient’s native valves as well as ventricles are explanted. The device is usually powered pneumatically.

The global total artificial heart market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2026, at a CAGR of XX% during 2019 to 2026. The Total Artificial Heart Market is witnessing significant growth, owing to rising incidence of heart transplant failure. However, high cost of treatment is one of the major factors expected to hamper the growth of the global market.

On the basis of system:

Artificial Heart Assist Device
Ventricular Assist Device (VAD)
Others

On the basis of power supply:

Internal Battery
External Battery
Others

Moreover, the market is classified based on regions and countries as follows:

North America- U.S., Canada
Europe- Germany, U.K., France, Rest of Europe
Asia-Pacific- China, Japan, India, Rest of Asia Pacific
Latin America- Brazil, Mexico, Rest of Latin America
Middle East & Africa- UAE, South Africa, Saudi Arabia, Rest of Middle East & Africa

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Key Benefits of the Report:

*Global, regional, country, propulsion type, and application market size and their forecast from 2019-2026

*Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market

*Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies

*Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points

*Analysis on Key players strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market

Target Audience:

*Total Artificial Heart Manufacturers & Technology Providers

*Traders, Importers, and Exporters

*Raw Material Suppliers and Distributors

*Research and Consulting Firms

*Government and Research Organizations

*Associations and Industry Bodies

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Research Methodology:

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:

* Manufacturers

* Suppliers

* Distributors

* Government Body & Associations

* Research Institutes

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