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Ventricular Assist Devices Market Analysis By Key Players, SWOT Analysis, Growth Factors and Forecast till 2028
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COVID-19 scenario:
• The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
• The companies operating in the Ventricular Assist Devices market have been positively impacted due to the COVID-19 pandemic resulted in an increase in the growth of the market for 2020 and 2021.
The major factor that have impacted the growth of the market includes technological improvements in the production of tiny devices with advanced features such as infection control technologies are expected to enhance the ventricular assist device market growth. Additionally, positive results such as increased device survival, longevity, durability, and functionality are expected to increase product usage.
Regional Analysis
With a market share of 53.2 percent, North America dominated the Ventricular Assist Devices market. Over the forecast period, demand for ventricular assist devices such as bridge-to-transplant, bridge-to-recovery, and destination therapies is likely to be driven by the presence of well-established reimbursement schemes and increased awareness.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.
The global Ventricular Assist Devices market provides an in-depth analysis of key players which includes:
• Medtronic
• Abbott
• Berlin Heart
• ReliantHeart Inc.
• Abiomed Inc.
• CHF Solutions, Inc.
• Cardiac Assist Inc
• Asahi Kasei Corporation
• Terumo Medical Corporation
• Jarvik Heart, Inc
• CardiacAssist Technologies
The global Ventricular Assist Devices Market is segmented based on Product, Design, and Application. Based on Product, the market is segmented as Left Ventricular Assist Devices (LVADs), Right Ventricular Assist Devices (RVADs), Biventricular Assist Devices (BIVADs). Based on Design, the market is segmented as Transcutaneous Ventricular Assist Devices, Implantable Ventricular Assist Devices, and based on the Application, the market is analyzed on Bridge-to-transplant (BTT) Therapy, Destination Therapy, Bridge-to-recovery (BTR) Therapy, Bridge-to-candidacy (BTC) Therapy.
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)
Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Ventricular Assist Devices Market
• Value Chain Analysis of Global Ventricular Assist Devices Market
• What is the CAGR of the global Ventricular Assist Devices Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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