Press release
Cardiac Assist Devices and Equipment Market Report (COVID-19 Impact Analysis) By Segmentations, Key Company Profiles And Demand Forecasts to 2020- 2030
The Business Research Company offers "Cardiac Assist Devices And Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global cardiac assist devices and equipment market is expected to decline from $0.9 billion in 2019 to $0.7 billion in 2020 at a compound annual growth rate (CAGR) of -15.5%. The decline is mainly because of the lockdown measures due to the COVID-19 outbreak. The decrease in the demand for cardiovascular devices due to decreased number of cardiac surgeries for reasons such as re-scheduling of surgeries, cancellations and no-show by patients, coupled with the restrictions by government and health authorities to shutdown factories manufacturing these devices to contain the spread of virus and keep the staff safe, contribute to this decline. The market is then expected to recover and grow at a CAGR of 8.4% from 2021 and reach $1.2 billion in 2023.
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The cardiac assist devices and equipment market consists of sales of cardiac assist devices and equipment and related services. Cardiac assist devices and equipment are electromechanical devices for assisting cardiac circulation, which are used either to partially or to completely replace the function of a failing heart.
Rise in prevalence of cardiovascular diseases increase the demand for cardiac assist devices and equipment in developed and developing economies. The increasing need for diagnosis, monitoring, early stage treatment, and prevention of these life-threatening diseases, increase the demand for cardiac assist devices.
Cardiac Assist Devices and Equipment Market Segmentation:
By Type
1.Ventricular Assist Devices (LVAD)
2.Intra-Aotic Baloon Pumps
3.Total Artificial Heart
By Application
1.Hospital Pharmacies
2.Ambulatory Surgical Centres
3.Emergency Services
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Few Points From Table Of Content
1. Executive Summary
2. Cardiac Assist Devices and Equipment Market Characteristics
3. Cardiac Assist Devices and Equipment Market Size And Growth
4. Cardiac Assist Devices and Equipment Market Segmentation
5. Cardiac Assist Devices and Equipment Market Regional And Country Analysis
....
25. Cardiac Assist Devices and Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Cardiac Assist Devices and Equipment Market
27. Cardiac Assist Devices and Equipment Market Trends And Strategies
28. Cardiac Assist Devices and Equipment Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the cardiac assist devices and equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the cardiac assist devices and equipment market are Abbot Laboratories, Berlin Heart GmbH, Abiomed Inc., Bivacor Pvt Ltd., Calon Cardio - Technology Ltd.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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