openPR Logo
Press release

Ventricular Assist Devices (VAD) Market Assessment

05-08-2017 07:08 PM CET | Health & Medicine

Press release from: SA-BRC

Ventricular assist devices (VAD) are mechanical pumps used to support patients with a weakened heart or in case of heart failure to temporarily maintain heart function. The devices helps in re-establishing normal hemodynamics under conditions involving damaged ventricle. Increasing trend for sedentary lifestyle, rising obesity population globally, lifestyle changes and various other factors have resulted an increase in cardiovascular disorders. This rising prevalence across the globe has been a major factor for ventricular assist devices market growth.

Depending on the type, the ventricular assist devices market is segmented into left ventricular assist device (LVAD), right ventricular assist device (RVAD), biventricular assist devices (BIVADs). The pump can be implanted inside the body (implantable VAD), or placed outside the body (external or paracorporeal VAD). Thoratec Corporation manufactured pVAD is a pneumatically driven device that can provide uni- as well as bi-ventricular support. The HeartMate is an implantable device specifically designed for long-term cardiac support. Improving technology has made ventricular assist devices more efficient and compact. These newer devices are easy to control and offer better patient convenience. Companies are also investing heavily in research and development of innovative cardiac assist devices. In 2016, Jarvik Heart, Inc., one of the leading players in the ventricular assist devices market received FDA approval for clinical trial of miniature heart assist device for infants. The study is managed by the New England Research Institutes, and will ultimately enroll over 85 patients in the U.S. and Canada. HeartMate II Left Ventricular Assist System manufactured by Thoratec Corporation and HeartWare Ventricular Assist System HVAD manufactured by HeartWare, Inc. are currently the two implantable LVADs approved by the FDA.

Request Free Report Sample@

According to the Centers for Disease Control and Prevention, more than 5.5 million adults in the United States have heart failure, and 50% of these patients die within 5 years of diagnosis. The America Heart Association also mentions that over 85 million individuals in the U.S. are living with cardiovascular diseases. Other countries with highest mortality rate due to cardiovascular disorders include Russia, Ukraine, Romania, Hungary, and Cuba. Recent study published by Harvard T.H. Chan School of Public Health indicates a steep rise in rise in cardiovascular disease (CVD) in China in the past decade. The study also mentions that the prevalence of high blood pressure in 1979 was 7.7%, and it increased to 33.5% in 2010. These factors would potentially drive the ventricular assist devices market.

In spite of availability of large patient pool globally and increasing demand, the ventricular assist devices market is impeded due to recalls by regulatory agencies. Majority of the recalls are due to design issues that may lead to serious complications or even patient death. 105 units of Heartware HVAD Pump were recalled in March 2016 due to faulty driveline connector design.

Key players in the market include Abiomed, Heart Ware International, Thoratec, Berlin Heart, Cardiac Assist, Jarvik Heart, and Reliant heart.

More Report Description And Request TOC@

NOTE: This report is currently under research and will be made available to clients on request.

About Us
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.

Contact Us
John Whitmore
Office No. 14,
Hermes Kunj, Mangaldas Road,
Pune, 411001
Phone: +91-02041210872

This release was published on openPR.

Permanent link to this press release:

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 Ventricular Assist Devices (VAD) Market Assessment here

News-ID: 527224 • Views: 367

More Releases from SA-BRC

Biochip Market Analysis by Application and Trend 2017-2021
Biochips allow simultaneous testing of higher number of analytes to achieve high throughput and low cost per test. Nanotechnology has helped in miniaturization of devices to achieve higher performance standards. Microarrays are most important part of biochips which send signals to the biochip to deliver end results. Microfluidic biochips have become modern alternative to routine laboratories. Microfluidic technology which enables controlling flow of liquids in micro and pico quantities has
Acute Myeloid Leukemia Therapeutics Market Share, Analysis and Segments 2017-202 …
Acute myeloid leukemia is a cancer of blood cells and involves proliferation of abnormal blood cell types and subsequent replacement of bone marrow with cancerous cells. Major leukemia types include myeloblastic, promyeloctic, myelomonocytic, monocytic, erythroleukemia, megakaryocytic. Treatment of leukemia mainly depends on the type of leukemia and stage. Acute myeloid leukemia therapeutics market is rich with branded as well as generic drugs classified under various classes including antineoplastic agents, corticosteroids, tyrosine
Companion Diagnostics Market Share, Trends Analysis: 2017-2021
Companion diagnostics has revolutionized cancer therapeutics and enabled physicians to select specific treatment pattern from of myriad of drugs for cancer treatment. This has improved treatment outcome manyfold and has now become and indispensable part of personalized medicine. The companion diagnostics market received great attention post success of Herceptin (trastuzumab) and Gleevec (imatinib). Rapid adoption of companion diagnostics and supportive regulatory agencies have encouraged researchers to seek molecules that target
North America and Europe Bionic Eye Market Segment Analysis And Forecast: 2017-2 …
Sudden surge in bionic eye market was experienced recently after the National Health Service (NHS) announced the sponsorship to implant bionic eyes in ten patients. The bionic eye can help regain vision in individuals with visual impairment. Although currently two bionic eye systems has received regulatory approvals, other companies in the bionic eye market are also trying to develop new technology that can help in regaining visual sense in patients. The

All 5 Releases

More Releases for VAD

Ventricular Assist Devices (VAD) Market 2021: Global Industry Analysis Report to …
The global ventricular assist device market size was valued at USD 1.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11% from 2021 to 2027. Ventricular assist devices, also known as VAD, are mechanical-assisted pumps used to support blood flow and heart function in people with impaired heart function. Ventricular assist devices help draw blood from the lower spaces of the heart and
SPECTRAMI Announces VAD Partnership with Cato Networks for Germany
Tel Aviv, Israel, and Frankfurt, Germany – Sep. 11th, 2018 – Cato Networks, a leading provider of global, cloud-based SD-WAN with built-in network security stack, today announced it has signed a distribution agreement with SPECTRAMI for Germany. Cato Network enables organisations to establish a secure, global SD-WAN, delivered as a service, which is providing the core benefits of SD-WAN while enabling secure direct internet access, SLA-backed connectivity, and seamless extension of
TITUS Announces VAD Partnership with SPECTRAMI for Netherlands and DACH
Manchester, United Kingdom, and Frankfurt, Germany – Aug. 21th, 2018 – TITUS, a leading provider of data protection solutions, today announced it has signed a distribution agreement with SPECTRAMI for the Netherlands and DACH region. TITUS’ flexible software enables organisations to meet compliance regulations, standards, and frameworks such as the European Union’s General Data Protection Regulation (GDPR), Financial Market Supervisory Authority (FINMA) in Switzerland, ISO/IEC 27001:2013, NIST Cybersecurity Framework, and many
Global Ventricle Assist Devices (VAD) Market Report 2017-2022 Baxter, Abbott Dia …
Ventricle Assist Devices (VAD) Market Research Report A market study ” Global Ventricle Assist Devices (VAD) Market ” examines the performance of the Ventricle Assist Devices (VAD) market Size 2017. It encloses an in-depth Research of the Ventricle Assist Devices (VAD) market state and the competitive landscape globally. This report analyzes the potential of Ventricle Assist Devices (VAD) market in the present and the future prospects from various angles in
Global Mechanical Circulatory Support (MCS) Market With Focus On The Ventricular …
Scope of the Report The report entitled Global Mechanical Circulatory Support (MCS) Market with Focus on the Ventricular Assist Device (VAD) (2016-2020), provides analysis of the global MCS market, with detailed analysis of market size and growth, penetration, market share and economic impact of the industry. The analysis includes the market by value, by volume, by segments, etc. The report also includes the analysis of the United States MCS market by
Global Ventricle Assist Device (VAD) Industry Analysis & Forecast Report 2016-20 …
Summary The Global Ventricle Assist Device (VAD) Industry Analysis & Forecast Report 2016-2021 is a professional and in-depth study on the current state of the Ventricle Assist Device (VAD) industry. The report analysis the global market of Ventricle Assist Device (VAD) by main manufactures and geographic regions. The report includes Ventricle Assist Device (VAD) definitions, product type, applications and industry chain structure, development trends, competitive landscape analysis, and key regions development