(2023-2032) Cardiac Assist Devices And Equipment Global Market Report : Top Manufacturers, Industry Challenges, Business Strategies, Revenue Value And Competitive Landscape | Abbot Laboratories, Berlin Heart GmbH, Abiomed Inc., Bivacor Pvt Ltd., Calon Car

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Cardiac Assist Devices And Equipment market report by The Business Research Company, A rise in the prevalence of cardiovascular diseases increases 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. According to the American Heart Association, by 2035, 45.1% of the US population is projected to have some form of CVD. Total costs of CVD are expected to reach $1.1 trillion in 2035, with direct medical costs projected to reach $748.7 billion and indirect costs estimated to reach $368 billion. According to the Centers for Disease Control and Prevention, anout 697,000 people died from heart diseases in 2020 which was almost 1 in every 5 deaths.

The global cardiac assist devices and equipment market size will grow from $2.15 billion in 2022 to $2.41 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cardiac assist devices and equipment market size is expected to grow to $3.51 billion in 2027 at a CAGR of 9.9%.

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Major competitors in the Cardiac Assist Devices And Equipment market include Abbot Laboratories, Berlin Heart GmbH, Abiomed Inc., Bivacor Pvt Ltd., Calon Cardio - Technology Ltd., Cardiobridge GmbH, Balton Sp. Z O.O, Cardiac Assist Inc., Braile Biomedica Ltd., and Circulate Inc.

The Cardiac Assist Devices And Equipment market is segmented -
• By Type: Ventricular Assist Devices (LVAD), Intra-Aotic Baloon Pumps, Total Artificial Heart
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cardiac Assist Devices And Equipment market.

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Cardiac assist devices and equipment are electromechanical devices that assist in pumping blood from the heart to the rest of the body. These devices are used either to partially or completely replace the function of a failing heart.

The Table Of Content For The Cardiac Assist Devices And Equipment Market Include:
1. Executive Summary
2. Cardiac Assist Devices And Equipment Market Characteristics
3. Cardiac Assist Devices And Equipment Market Trends And Strategies
4. Cardiac Assist Devices And Equipment Market - Macro Economic Scenario
5. Cardiac Assist Devices And Equipment Market Size And Growth
………
28. Key Mergers And Acquisitions In The Cardiac Assist Devices And Equipment Market
29. Cardiac Assist Devices And Equipment Market Future Outlook and Potential Analysis
30. Appendix

The "Global Cardiac Assist Devices And Equipment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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