Global Ventricular Assist Device Market to Witness a Pronounce Growth During 2023

Ventricular assist devices are mechanical pumps used to support cardiac circulation in patients who have weakened hearts.

A ventricular assist device (VAD) is an electromechanical device for assisting cardiac circulation, which is used either to partially or to completely replace the function of a failing heart. The function of VADs is different from that of artificial cardiac pacemakers; some are for short-term use, typically for patients recovering from myocardial infarction (heart attack) and for patients recovering from cardiac surgery; some are for long-term use (months to years to perpetuity), typically for patients suffering from advanced heart failure.

LPI (LP Information)' newest research report, the "Ventricular Assist Device Industry Forecast" looks at past sales and reviews total world Ventricular Assist Device sales in 2022, providing a comprehensive analysis by region and market sector of projected Ventricular Assist Device sales for 2023 through 2029. With Ventricular Assist Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ventricular Assist Device industry.

This Insight Report provides a comprehensive analysis of the global Ventricular Assist Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ventricular Assist Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ventricular Assist Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ventricular Assist Device and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ventricular Assist Device.

The global Ventricular Assist Device market size is projected to grow from US$ 1292.9 million in 2022 to US$ 2278.3 million in 2029; it is expected to grow at a CAGR of 2278.3 from 2023 to 2029.

In United States, Ventricular Assist Device key players include AbioMed, Abbott (Thoratec), Medtronic (HeartWare), etc. United States top five manufacturers hold a share over 95%.

In terms of product, LVADs is the largest segment, with a share about 90%. And in terms of application, the largest application is Bridge-to-transplant (BTT) , followed by Destination Therapy (DT).

This report presents a comprehensive overview, market shares, and growth opportunities of Ventricular Assist Device market by product type, application, key manufacturers and key regions and countries.

Key Questions Addressed in this Report
What is the 10-year outlook for the global Ventricular Assist Device market?
What factors are driving Ventricular Assist Device market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ventricular Assist Device market opportunities vary by end market size?
How does Ventricular Assist Device break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/455236/ventricular-assist-device-2029

Strategic Points Covered in TOC:
Chapter 1: Scope of Ventricular Assist Device, Research Methodology, etc.
Chapter 2: Executive Summary, global Ventricular Assist Device market size (sales and revenue) and CAGR, Ventricular Assist Device market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: Ventricular Assist Device sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global Ventricular Assist Device sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Ventricular Assist Device market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of Ventricular Assist Device.
Chapter 14: Research Findings and Conclusion

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