Press release
Left Ventricular Assist Devices Global Market Analysis, Trends, Growth, Research And Forecast 2033
Left Ventricular Assist Devices Global Market
The left ventricular assist devices market size is expected to see strong growth in the next few years. It will grow to $2.3 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to expanded indications, rise in heart failure cases, enhanced patient outcomes, market approval and regulatory changes, focus on destination therapy.. Major trends in the forecast period include advancements in implantation techniques, development of dual-pump systems, growing use as a destination therapy, focus on minimizing infection risks, integration with heart failure management programs, improved anticoagulation management..
Market Overview -
The left ventricular assist device is a mechanical pump implanted in heart failure patients. The device aids in the heart's lower left chamber (left ventricle), pumping blood to the aorta and the rest of the body.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=12042&type=smp
Elevated Cardiovascular Disease Rates Propel Left Ventricular Assist Device Market
The rising prevalence of cardiovascular diseases is expected to propel the growth of the left ventricular assist device market going forward. Cardiovascular diseases refer to a group of disorders of the heart and blood vessels. It includes coronary heart disease, congenital heart disease, and others. In the case of advanced heart failure, a left ventricular assist device assists the heart's left ventricle, which pumps blood to the body's tissues. For instance, in October 2022, according to the World Heart Federation (WHF), a Switzerland-based non-governmental organization, the number of cardiovascular diseases (CVD) deaths is projected to rise from an estimated 18,9 million in 2020 to over 22,2 million in 2030. Furthermore, in December 2022, according to data published by New York government, in the United States, heart disease claims the lives of about 697,000 people annually, or 1 in every 5 fatalities where around 805,000 Americans experience a heart attack each year among which 605,000 of these result in a first-time heart attack, while 200,000 are caused by previous heart attacks. Therefore, the rising prevalence of cardiovascular diseases is driving the growth of the left ventricular assist device market.
Competitive Landscape -
Major companies operating in the left ventricular assist devices market report are Abbott Laboratories, Medtronic plc., Terumo Corporation, St. Jude Medical, MAQUET GmbH & Co., Saft, LivaNova Plc, Thoratec Corporation, Abiomed Inc, Heart Ware International Inc., Transonic Systems, Berlin Heart GmbH, BioVentrix, Cleveland Heart Inc., Jarvik Heart Inc., CorWave SA, SynCardia Systems LLC, NuPulseCV Inc., Fineheart, Procyrion Inc, Carmat SA, BiVACOR Inc, Cardiac Assist Inc., Leviticus Cardio Ltd., AdjuCor GmbH, Calon Cardio-Technology Ltd, Evaheart Inc., Sunshine Heart Inc., CH Biomedical Inc., Sun Medical Technology Research Corp
Technological Advancements Driving The Left Ventricular Assist Device Market
Technological advancements are a key trend gaining popularity in the left ventricular assist device market. Major companies operating in the left ventricular assist devices market are adopting new technologies to sustain their position in the market. For instance, in January 2021, CorWave SA, a France-based medical device company developing innovative heart pumps, developed left ventricular assist device (LVAD) membrane pump technology. This membrane based LVAD employs a pulse pump (electromagnetic pulses) rather than a rotary pump to flow blood, closely mimicking the action of a heartbeat. It produces a pulsatile pumping activity far more like the natural heart.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/left-ventricular-assist-devices-global-market-report
Key Segments -
The left ventricular assist devices market covered in this report is segmented -
1) By Type: Transcutaneous Left Ventricular Assist Devices, Implantable Left Ventricular Assist Devices
2) By Type of Flow: Pulsatile, Non-Pulsatile
3) By Application: Bridge-to-Recovery (BTR) Therapy, Bridge-to-Transplant (BTT) Therapy, Destination Therapy, Bridge-to-Candidacy (BTC) Therapy
4) By End-user: Cardiology Centers, Hospitals
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Left Ventricular Assist Devices Global Market Analysis, Trends, Growth, Research And Forecast 2033 here
News-ID: 3471965 • Views: …
More Releases from The Business research company
Emerging Sub-Segments Transforming the Satellite Connectivity Market Landscape
The satellite connectivity sector is on the brink of remarkable expansion, driven by advances in technology and increasing global demand for reliable internet access. As various industries and regions seek enhanced communication solutions, this market is set to experience substantial growth over the coming years. Below is a detailed overview of the satellite connectivity market's size, key players, emerging trends, and segment breakdowns.
Forecasted Growth Trajectory of the Satellite Connectivity Market…
Emerging Growth Patterns Driving Expansion in the Roof Safety and Access System …
The roof safety and access system sector is gaining significant traction as industries place greater emphasis on worker protection and regulatory compliance. With ongoing infrastructure development and evolving safety standards, this market is poised for remarkable growth in the coming years. Let's explore the current market size, key players, emerging trends, and the major segments defining this industry's landscape.
Forecasted Market Size and Growth of the Roof Safety and Access System…
In-Depth Examination of Segments, Industry Developments, and Key Competitors in …
The rocket reusability testing market is set for impressive expansion in the coming years, driven by advancements in technology and increasing demand for reusable launch vehicles. This sector is rapidly evolving as companies and governments invest heavily in refining and validating technologies that enable rockets to be reused safely and efficiently. Let's explore the market's size, key players, trends, and segment breakdowns that define this high-growth industry.
Growth Forecast and Market…
Key Players and Competitive Dynamics in the Rocket Nozzle Expansion Systems Mark …
The rocket nozzle expansion systems market is on track for significant growth as advancements in space technology and commercial launch activities continue to accelerate. Increasing demand for efficient propulsion solutions and innovations in design and materials are setting the stage for a rapidly evolving market landscape. Let's explore the market size, key players, prevailing trends, and the main segments shaping this industry.
Rocket Nozzle Expansion Systems Market Size and Growth Outlook…
More Releases for Assist
Evolving Market Trends In The Left Ventricular Assist Devices Industry: Advancem …
The Left Ventricular Assist Devices Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Left Ventricular Assist Devices Market Size During the Forecast Period?
In recent times, the market size for left ventricular assist devices has experienced considerable growth. The projections reveal an…
Comprehensive Financing Solutions from AutoFin Assist
AutoFin Assist, a leading financial services provider, is excited to share its comprehensive financial solutions tailored to meet the diverse needs of personal and commercial clients. Specialising in vehicle finance, balloon payments, debt consolidation, and commercial asset finance, AutoFin Assist is dedicated to empowering clients with the tools necessary for financial growth and stability.
"We are committed to delivering financial solutions that not only meet the immediate needs of our clients…
Respiratory Assist Devices Market - Breathing Uninterrupted: Innovating Respirat …
Newark, New Castle, USA - new report, titled Respiratory Assist Devices Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Respiratory Assist Devices market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Respiratory Assist Devices market. The report offers an overview of…
Ventricular Assist Device Market - Embracing Life, Empowering Hearts: Redefining …
Newark, New Castle, USA - new report, titled Ventricular Assist Device Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Ventricular Assist Device market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Ventricular Assist Device market. The report offers an overview of…
Ventricular Assist Device Market Forecast to 2032 - Covid-19 Impact and Global A …
Report Overview
The global ventricular assist device market size was valued at USD 1.8 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 17.6% from 2023 to 2032. The increased prevalence of chronic conditions such diabetes, neurological disorders, cardiovascular diseases, hypertension, and stroke, as well as the expanding worldwide elderly population, are some of the key drivers that are projected to fuel demand for…
Cardiac Assist Devices Market: Ventricular Assist Devices to Register the Fastes …
Global Cardiac Assist Devices Market: Snapshot
A cardiac assist device is an electromechanical device for assisting cardiac circulation, which is used either partially or to completely replace the function of a failing heart. A new research report by Future Market Insights highlights the changing scenario of the global cardiac assist devices market given the increase in cases of cardiovascular diseases across the world. The report is titled ‘Cardiac Assist Devices Market:…
