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Worldwide Heart Transplant Market | Top key Players - SynCardia Systems, LLC (U.S.), HeartWare International Inc., Apaxis Medical, Inc., Calon Cardio, OptumInc. (U.S.), Thoratec Corporation (U.S.), CardiacAssist Inc. (U.S.)
Market Research Future published a half cooked researchreport on “Global Heart Transplant Market Research Report - Forecast to 2023 ”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023 .Heart Transplant or Heart Implant sometimes also referred as Cardiac Transplant surgery is proving to be a boon for the heart patients worldwide enhancing their quality of life by delivering miraculous results. This year, on 3rd. December, 2017 the world celebrated 50th anniversary of this block buster surgery and the world’s first heart transplant by Dr. Christian Barnard. Over the past half a century many innovations have transpired in the field of Heart Transplant allowing patients an extended life span of 13 years approximately with the new heart. The advancement of effective drugs to suppress the immune system ascended the success rate of heart transplants to further heights allowing the Heart Transplant market to ascend to achieve upsurge. Another predominant factor that contributes to the Heart Transplant Market growth is growing prevalence of heart failure and severe coronary artery diseases across the globe. Statistics state that the North America Region alone is forecasted to observe around 1 million cases of end-stage heart failure.
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Accrediting the numerous innovations transpired in the Heart Transplant market over the past 5 decades with which the surging traction the market is gaining currently and the potential of the market to expand in the years to come: the Market Research Future has recently published a meticulous study report, in which MRFR asserts that the pervasively accruing Global Heart Transplant Market will gradually subside within a decade with the emergence of artificial pumps and stem cell therapy that will replace the Heart Transplant. Until then however, the Heart Transplant Market will continue to grow pervasively by 2023 owing to the augmenting technological advancements transpired in the field of Heart Transplant. The Heart Transplant market is projected to perceive booming accruals by 2023 , registering a striking CAGR during the estimated period – 2017 – 2023 .
The Heart Transplant market is accruing owing to the advancements of surgical techniques, immunosuppressive modalities, and postoperative care. Growing prevalence of Heart failures and heart related diseases are boosting the revenues in the heart transplantation sector per year. In recent years, lower availability of donors has prompted significant investments in R&D activities to invent advent technologies and new surgical techniques. These investments in turn are defining the immense growth landscape of the Heart Transplant market.
On the other hand, insufficient availability of suitable donor’s pool is a paramount challenge confronted by the Heart Transplant Industry. Another challenge is complications of a heart transplant such as chances of rejection which basically is immune system’s attacks on transplanted heart. The potential donor heart must be compatible with the recipient's immune system to decrease the chance of problems with rejection. However, emergence of advent powerful Immunosuppressive Medications that can control the Rejection issues ruling out further chances of acute rejection of organ, this in turn will contribute the Heart Transplant market growth. Moreover emergence of the Endomyocardial Biopsy coupled with the new high-tech analysis is expected to boost growth of the Heart Transplant market.
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Endomyocardial Biopsy is a simple operation can be performed as an outpatient procedure by the experienced cardiologist, has already achieved the title as ‘the gold standard’ for monitoring rejection. While the high-tech analysis, performed over a mere blood sample is proving to be a very promising process owning to the ease and comfort it offers to patients without the need to go under knife. This test looks at the expression of specific genes in cells in the blood. The amount of expression of key genes indicates whether or not rejection is occurring. While this method has still not replaced the ‘gold standard’ endomyocardial biopsy, it has certainly minimized the frequency of biopsies for many patients.
Heart Transplant, also known as Cardiac Transplant, is a surgical transplant procedure performed on patients with end-stage heart failure or severe coronary artery disease when other medical or surgical treatments have failed.In HeartTransplant surgerypatient’s affected or damaged heart is extracted and replaced with a healthy heart from a deceased donor. Mostly it is done on patients who have end-stage heart failure. Heart transplantation has emerged as a viable therapeutic strategy for some patients with end-stage heart disease by offering them extended survival and improved quality of life.Approximately 4000 heart transplantation procedures are performed annually worldwide.
Highly competitive global Market of Heart Transplant is adorned by the several well-established players having regional and international presence. These well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position and invest substantial funds in R&D and clinical trials to develop effective heart transplant program which is comprehensive, advanced and state-of-the-art. Some hospitals strive to provide tailor-made transplant surgeries based on the ailments, age and other complications. With advanced diagnostics, and comprehensive rehabilitation schedule these hospitals ensure that patient has access to the best care at every stage of the transplant journey
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