openPR Logo
Press release

Ventricular Assist Device Market | Technological breakthroughs, Value chain and stakeholder analysis by 2024

09-07-2017 09:59 PM CET | Health & Medicine

Press release from: Transparency Market Research

Ventricular Assist Device Market | Technological

With a large number of well-established players, such as Berlin Heart, SynCardia Systems, Sunshine Heart, St. Jude Medical, Heart Ware International, and Abiomed, the market for ventricular assist devices (VADs) in North America demonstrates a fiercely competitive landscape, finds a report by Transparency Market Research (TMR).

Most of the leading companies rely on innovation and technological advancements for business development. However, in the coming years, their focus is projected to shift towards strategic collaborations in order to curtail the competition within the market.



According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the leader with its share rising to 66.7% in the overall market by 2024, states the report.

View Report-

http://www.transparencymarketresearch.com/north-america-ventricular-assist-device-market.html

U.S. to Retain Leadership on Account of Rising Awareness Regarding VADs

A geographical analysis of the North America VAD market has also been offered in this research report. As per the study, the U.S. and Canada are the prime domestic markets for ventricular assist devices in this region. Among the two, the U.S. has emerged as the leading contributor to the overall market, thanks to the rise in the awareness level among consumers regarding the benefits offered by VADs.

Expanding at a CAGR of 9.70%, this domestic market is anticipated to remain leading throughout the forecast period. The significant increase in patient assistance and clinical research is likely to act as the key driving factor behind the growth of this market over the next few years, notes the research study.

Increased Application of LVADs to Reflect Positively on VAD Sales

Cardiovascular disorders have been a cause of concerns among people in North America since the last few years. As per the American Heart Association, nearly 70% of the geriatric population with diabetes die from heart disorders and almost 16% pass away from strokes in North America. “Most of the advanced heart failures in humans are caused by left ventricular dysfunction, resulting in the increased application of LVADs, which eventually, is adding substantially to the overall demand for VADs in North America,” says the author of this study.

Other prominent factors, fueling the demand for VADs in North America are the limited number of heart donors and the growing awareness among consumers regarding the benefits of VADs, states the market report.

Request to download and view full ToC -

http://www.transparencymarketresearch.com/report-toc/16508

High Cost Incurred in Treatment to Limit Demand for VADs

While the North America market for ventricular assist devices looks thriving currently, the overall cost incurred in the treatment may create obstructions in the growth trajectory of this market over the forthcoming years. The increasing incidence of device malfunctioning and product recalls is also projected to restrict the progression of this market in the near future, notes the research study.

Request to view Sample Report -

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16508

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

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 Ventricular Assist Device Market | Technological breakthroughs, Value chain and stakeholder analysis by 2024 here

News-ID: 704347 • Views: 262

More Releases from Transparency Market Research

Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The

All 5 Releases


More Releases for VAD

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
05-08-2017 | Health & Medicine
SA-BRC
Ventricular Assist Devices (VAD) Market Assessment
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
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
Codework Altimate Scoop VAD of the Year 2011 at Symantec Channel Excellence Awar …
Manchester , UK – February 4th, 2011 - Specialist Endpoint and Security distributor Codework Altimate, were crowned “Symantec Value Added Distributor of the Year” at the Symantec Channel Excellence Awards evening in London. This award recognises the overall service and support provided to Symantec partners taking into account distribution services, pre and post-sales support, market development assistance and online capabilities. The winners were chosen by a panel