openPR Logo
Press release

Cardiac Assist Devices Market to Record an Exponential CAGR by 2025

12-07-2017 12:56 PM CET | Health & Medicine

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Cardiac Assist Devices Market to Record an Exponential CAGR

Heart Failure (HF) is a potentially life-threatening condition that weakens the heart muscle, reduces its ability to pump enough blood throughout the body. Even without a heart transplant, patients' lives can be extended and improved with the use of small, implantable devices called Cardiac Assist Devices.

Cardiac Assist Devices (CAD) are type of mechanical pumps that work along with the heart to improve its pumping efficiency and maintain the optimum blood flow throughout the body. The devices are typically employed in patients suffering from End-Stage Congestive Heart Failure, where the chances of survival through oral medications alone become minimal. The scarcity of donor organs has led to the development of these devices.

Globally, there are around 23 million cases of HF and around 5.8 million people in United States have HF. About half of the people who develop heart failure die within 5 years of diagnosis.

Cardiac Assist Devices Market: Drivers & Restraints

The Cardiac Assist Devices market is driven by aging population, increasing prevalence of HF, high adaptation rates of these devices, and new technology innovations.

Read Report Overview@

Increasing rates of cardiovascular diseases and aging population has boosted the cardiac assist devices market globally. The shortage of donor hearts for transplantation is also leading to an increase in adoption of cardiac assist devices in patients with end-stage heart failure.

Cardiac assist devices are also being used as a Bridge-To-Transplantation (BTT), Bridge-To-Recovery (BTR) or Destination Therapy (DT), depending on the requirement of the patient and the severity of the disease. Technological advancements that make the devices more efficient and minimally invasive are expected to further drive the demand for cardiac assist devices in the future.

Presence of alternative treatment like heart transplantation, pacemaker and etc. and the few risk which are associated with the device implantation, such as development of blood clots, respiratory failure and device failure and other surgical complications such as bleeding, kidney failure, stroke and infection. Such complication are acting as a barrier in the adoption of such treatment and devices.

Request Sample Report@

Cardiac Assist Devices Market: Segmentation

The global market of cardiac assist devices is segmented into following types:

Ventricular Assist Devices (VAD)

Intra-Aortic Balloon Pumps (IABP)

Total Artificial Heart (TAH)

Further, Ventricular Assist Device (VAD) are segmented into the following types based on the defect and placement of the device.

Left Ventricular Assist Device (LVAD)

Right Ventricular Assist Device (RVAD)

Bi-Ventricular Assist Device (Bi-VAD)

External Ventricular Assist Device (VAD)

Cardiac Assist Devices Market: Overview

With rapid technological advancement and wide acceptance of cardiac surgery procedures among patients with heart problem, the global cardiac assist devices market is expected to exhibit a double-digit growth in the forecast period (2015-2025).

With FDA approving SynCardia System’s Total Artificial Heart to conduct clinical studies on destination therapy, more and more end stage heart failure patient will be benefit from this nature of therapy and the market is expected to expand significantly in the forecast period.

Cardiac Assist Devices Market: Region-wise Outlook

Depending on geographic regions, global cardiac assist devices market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

Buy Cardiac Assist Devices Market Research Report@

North America is the leading markets for cardiac assist devices with highest prevalent cases with heart failure, technological development, high patient awareness and reimbursement coverage for CAD implantation procedures. Europe is the second largest market followed by Asia Pacific and Japan.

Cardiac Assist Devices Market: Key Players

Some of the key market players in global cardiac assist devices market are Thoratec Corporation, MAQUET GmbH & Co., Teleflex Incorporated, Heart Ware International, Berlin Heart GmbH, ABIOMED and SynCardia Systems, Inc.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

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 Cardiac Assist Devices Market to Record an Exponential CAGR by 2025 here

News-ID: 850135 • Views: 122

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Assist

Walking Assist Device
The Walking Assist Device Market 2018 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Walking Assist Devicese industry. First, " Walking Assist Devicese Industry 2018" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Walking Assist Devicese industry chain structure. Walking Assist Device Market Top Players Honda Motor Co., Ltd., Permobil
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:
Automotive Intelligence Park Assist System Market: Demand for Semiautonomous Par …
The significant increase in the traffic flow, leading to a substantial rise in the number of road accidents, is influencing the global market for automotive intelligent park assist systems remarkably. With the increasing concerns among people over safety and comfort across the world, the automobile manufacturers are encouraged to combine automotive intelligent park assist systems into their vehicles, resulting the considerable rise in the demand for automotive intelligent park assist
Mexico Cardiac Assist Devices
Mexico Cardiac Assist Devices Overview "Mexico Cardiac Assist Devices Market Outlook to 2025", provides key market data on the Mexico Cardiac Assist Devices market. The report provides value, in millions of US dollars, volume (in units) and average prices (USD) within market segments - Intra-Aortic Balloon Pumps, Total Artificial Heart and Ventricular Assist Devices. Click here for sample report @   Major Key Players: Abbott Laboratories Medtronic plc Getinge AB. Major Highlight of the report: The report also provides
Automotive Intelligence Park Assist System Market: Demand for Semiautonomous Par …
With each of the region led by a select numbers of players, the global automotive intelligence park assist systems market demonstrates a highly consolidated structure. Although the degree of competition within this market will significantly high over the next few years, thanks to the presence of medium and large sized manufacturers in a large number, states a new report by Transparency Market Research (TMR). Toshiba Corp., Hitachi Ltd., Robert Bosch
05-08-2017 | Health & Medicine
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