Cardiac Assist Devices Market Size to Reach USD 2.4 Billion by 2025 – Arizton

The cardiac assist devices market is expected to grow at a CAGR of over 9% during the period 2019–2025.

The emergence of next-generation cardiac assist devices is expected to fuel industry growth during the forecast period. The industry has witnessed the launch of several advanced and innovative heart assist devices with major changes in product designs and material usage. The introduction of less invasive devices by surgeons to perform left ventricular assist devices (LVAD) implant surgeries efficiently is leading to promising post-surgical outcomes.

The following factors are likely to contribute to the growth of the cardiac assist devices market during the forecast period:
• Growing Global Incidence of Heart Failure
• Shortage of Donor Hearts & Increasing Patient Waiting List for Heart Transplantation
• Increasing demand for Shared Care Centers & their Importance Post-LVAD Implantation
• Technological Advancements
• New Product Approvals and Line Extensions for Existing Commercial Cardiac Assist Devices

The study considers the present scenario of the cardiac assist devices market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

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Cardiac Assist Devices Market – Vendor Profiles

Key Vendors
• Abbott
• Medtronic

Other Vendors
• Abiomed
• Berlin Heart
• Getinge
• SynCardia
• Teleflex
• ZEON MEDICAL
• Tokai Medical Products
• SENKO MEDICAL INSTRUMENT
• Insightra Medical
• ReliantHeart
• PulseCath
• Jarvik Heart

Cardiac Assist Devices Market – Segmentation

Market Segmentation by Application
• Bridge to Transplant
• Destination Therapy
• Others
Market Segmentation by Product
• Intra-aortic Balloon Pump (IABP)
• Ventricular Assist Devices (VADs)
• Left Ventricular Assist Devices (LVADs)
• Other VADs
• Total Artificial Heart (TAH)
Market Segmentation by End-user
• Hospitals
• Special Cardiac Centers
Market Segmentation by Geography
• North America
• US
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Spain
• APAC
• Japan
• China
• India
• South Korea
• Australia
• Latin America
• Brazil
• Mexico
• Argentina
• MEA
• Turkey
• Saudi Arabia

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Cardiac Assist Devices Market – Table of Contents

1 Research Methodology
2 Research Objectives
3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusion
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of The Study
4.4 Market Segmentation
4.4.1 Product
4.4.2 Application
4.4.3 End-users
4.4.4 Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Background
7.1.2 Cardiac Assist Devices

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Growing Global Prevalence/Incidence of Heart Failure
8.1.2 Shortage of Donor Hearts & Increasing Patient Waiting List for Heart Transplantation
8.1.3 Growing Demand for Shared Care Centers & their Importance Post-LVAD
8.2 Market Restraints
8.2.1 High Cost of Cardiac Assist Devices
8.2.2 Stringent & Time-consuming Regulatory Approvals
8.2.3 Complications & Risks Associated with Cardiac Assist Devices
8.3 Market Opportunities and Trends
8.3.1 Technological Advancements
8.3.2 Promising Investigational Cardiac Assist Devices
8.3.3 New Product Approvals and Line Extensions for Existing Commercial Cardiac Assist Devices

9 Market Landscape
9.1 Market Overview
9.2 Market Size and Forecast
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry

10 Cardiac Assist Devices Market by Product
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
11 Ventricular Assist Devices
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.2.1 Market Size & Forecast
11.3 Ventricular Assist Devices Market Segmentation by Product
11.4 Left-Ventricular Assist Devices
11.4.1 Market Overview
11.4.2 Market Size & Forecast
11.5 Other Ventricular Assist Devices
11.5.1 Market Overview
11.5.2 Market Size & Forecast

12 Intra-Aortic Balloon Pump Therapy Devices
12.1 Market Overview
12.2 Market Size & Forecast

13 Total Artificial Heart
13.1 Market Overview
13.2 Market Size & Forecast

14 Cardiac Assist Devices Market by Application
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Bridge to Transplantation (BTT)
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.4 Destination Therapy (DT)
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.5 Other Applications
14.5.1 Market Overview
14.5.2 Market Size & Forecast

15 Cardiac Assist Devices Market by End-Users
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Hospitals
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.4 Specialty Cardiac Centers
15.4.1 Market Overview
15.4.2 Market Size & Forecast

16 Cardiac Assist Devices Market by Geography
16.1 Market Snapshot & Growth Engine
16.2 Overview

17 North America
17.1 Market Overview
17.2 Market Size & Forecast
17.3 Key Countries
17.3.1 US: Cardiac Assist Devices Market Size & Forecast
17.3.2 Canada: Market Size & Forecast

18 Europe
18.1 Market Overview
18.2 Market Size & Forecast
18.3 Key Countries
18.3.1 Germany: Cardiac Assist Devices Market Size & Forecast
18.3.2 France: Market Size & Forecast
18.3.3 UK: Market Size & Forecast
18.3.4 Spain: Market Size & Forecast
18.3.5 Italy: Market Size & Forecast

19 APAC
19.1 Market Overview
19.2 Market Size & Forecast
19.3 Key Countries
19.3.1 Japan: Cardiac Assist Devices Market Size & Forecast
19.3.2 China: Market Size & Forecast
19.3.3 Australia: Market Size & Forecast
19.3.4 South Korea: Market Size & Forecast
19.3.5 India: Market Size & Forecast

20 Latin America
20.1 Market Overview
20.2 Market Size & Forecast
20.3 Key Countries
20.3.1 Brazil: Cardiac Assist Devices Market Size & Forecast
20.3.2 Mexico: Market Size & Forecast
20.3.3 Argentina: Market Size & Forecast

21 Middle East and Africa
21.1 Market Overview
21.2 Market Size & Forecast
21.2 Key Countries
21.2.1 Turkey: Cardiac Assist Devices Market Size & Forecast
21.2.2 Saudi Arabia: Market Size & Forecast

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