North America Cardiac assist devices market is predicted to amount a cumulative growth of USD 274.44 million from 2016 to 2021

Market Data Forecast recently published a report on the “North America Cardiac assist devices Market” which estimates the market to grow from USD 501.7 million from 2016 to USD 776.14 million with a high CAGR of 8.43 %.
Cardiac assist devices are the electromechanical devices which are used for assisting cardiac circulation which replace the function of heart either partially or completely. These devices are different from the artificial pacemakers as they are mainly used to keep patients alive until a donor heart can be found for transplantation or in certain cases support the heart circulation over a period of years.

The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Demand for these cardiac assist devices is expected to increase after the launch of novel technologically advanced products. Key factors for the growth of the market are availability of efficient devices, rise in incidences of cardiovascular devices, technological advancements and increase in aging population. Patients with severe heart complications are unable to get donor hearts due to their shortage, hence increasing the demand for cardiac assist devices.

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The products are segmented based on type and studied for a deep-level understanding of the Cardiac assist devices market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
By Type
• Ventricular Assist Devices (VAD)
• Intra-Aortic Balloon Pumps (IABP)
• Total Artificial Heart (TAH)

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North American Market is studied in geographic perspective by segregating the market shares between USA and Canada. The study identifies USA as the predominant market in the North American region and it holds well in the Global Market too.

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Major players in the market are Teleflex Incorporated, Berlin Heart GmbH, Abiomed, Inc., HeartWare International, Jarvik Heart, Inc. and Terumo Corporation. BiVacor Pty Ltd, Braile Biomedica Ltd., Calon Cardio-Technology Ltd., CardiacAssist, Inc., CardioBridge GmbH, Carmat SAS, Cleveland Heart, Inc., CorAssist Cardiovascular Ltd., Evaheart Medical USA, Inc., Leviticus Cardio Ltd., MyoCardioCare, Inc., SynCardia Systems, Inc. and Windmill Cardiovascular Systems, Inc..

Scope of the North America Cardiac assist devices Market:
• Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
• To detect major focus areas of industrial growth Segment-level analysis on basis of type, along with market size forecasts and y-o-y estimations are provided
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
• An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
• Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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