Study Report on Heart Pump Device Market - Segmentation, Technology, Consumption, Trend, Opportunity and Forecast to 2024
The key players in the global heart pump devices market are St. Jude Medical ( subsidiary of Abbott Laboratories) (US), Abiomed (US), Medtronic (Ireland), Getinge (Sweden), Teleflex (US), ReliantHeart (US), BerlinHeart (Germany), Terumo (Japan), SynCardia
(EMAILWIRE.COM, January 15, 2019 ) Report analyzes heart pump devices market and aims at estimating market size and future growth potential of this market based on various segments such as product, type, therapy, and region. The report also includes competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.
Download Sample Brochure of Heart Pump Device Market spread across 131 Pages, Profiling 12 Companies and Supported with 74 Tables and 33 Figures is now available at http://www.reportsnreports.com/contacts/requestsample.aspx?name=1502333 .
The global heart pump devices market is projected to reach USD 3.98 billion by 2022 from an estimated USD 1.64 billion in 2017, at a CAGR of 19.4% during the forecast period. Rising prevalence of cardiovascular diseases, increasing number of regulatory approvals, and a huge gap between the demand and supply of donor hearts is driving the demand for heart pump devices.
North America expected to account for largest share of heart pump devices market, followed by Europe. Key factors driving growth of this market include rising prevalence of cardiovascular diseases, increasing number of regulatory approvals, & a huge gap between supply & demand of donor hearts is driving demand for heart pump devices.
The high cost of devices and implantation procedures and poor reimbursement scenario in developing countries is expected to restrain the growth of this market during the forecast period. For instance, in emerging countries such as China and India, no coverage is provided for heart pump devices, thus increasing the out-of-pocket expenditure by patients.
Click Here For More Information on Heat Pump Devices Market Top Trends and Company Profiles at https://www.openpr.com/news/1464459/Heart-Pump-Device-Market-Set-to-Grow-at-19-4-CAGR-to-2024-Global-Manufacturers-Industry-Size-Applications-Opportunity-and-Forecast.html .
The heart pump device market is segmented on the basis of product, type, therapy, and region. Based on product, the market is segmented into ventricular assist devices, intra-aortic balloon pumps, and total artificial heart. The ventricular assist devices market is expected to grow at the highest CAGR during the forecast period.
Report provides company heart pump devices market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures,research& development, technology, and regional expansion of major participants involved in the market on a global and regional basis.
Click now for More Queries, Information and Discount on this study Heart Pump Device Market by Product (Ventricular Assist Device (LVAD, RVAD, BiVAD, and pVAD), Intra Aortic Balloon Pump, TAH), Type (Extracorporeal and Implantable Pump), Therapy (Bridge-to-transplant, Destination Therapy) - Global Forecast to 2022 research is available now at http://www.reportsnreports.com/contacts/discount.aspx?name=1502333 .
High growth in the ventricular assist devices market can be primarily attributed to the increased dependency on ventricular assist devices for the treatment of heart failure and technological advancements to improve the safety of these devices.
Key Target Audience
Manufacturers of heart pump devices
Original equipment manufacturers
Suppliers and distributors of heart pump devices
Healthcare service providers
Transplant centers
Teaching hospitals and academic medical centers
Health insurance players
Government bodies/municipal corporations
Regulatory bodies
Medical research institutes
Business research and consulting service providers
Venture capitalists
Market research and consulting firms
Download Sample Brochure of Heart Pump Device Market spread across 131 Pages, Profiling 12 Companies and Supported with 74 Tables and 33 Figures is now available at http://www.reportsnreports.com/contacts/requestsample.aspx?name=1502333 .
The global heart pump devices market is projected to reach USD 3.98 billion by 2022 from an estimated USD 1.64 billion in 2017, at a CAGR of 19.4% during the forecast period. Rising prevalence of cardiovascular diseases, increasing number of regulatory approvals, and a huge gap between the demand and supply of donor hearts is driving the demand for heart pump devices.
North America expected to account for largest share of heart pump devices market, followed by Europe. Key factors driving growth of this market include rising prevalence of cardiovascular diseases, increasing number of regulatory approvals, & a huge gap between supply & demand of donor hearts is driving demand for heart pump devices.
The high cost of devices and implantation procedures and poor reimbursement scenario in developing countries is expected to restrain the growth of this market during the forecast period. For instance, in emerging countries such as China and India, no coverage is provided for heart pump devices, thus increasing the out-of-pocket expenditure by patients.
Click Here For More Information on Heat Pump Devices Market Top Trends and Company Profiles at https://www.openpr.com/news/1464459/Heart-Pump-Device-Market-Set-to-Grow-at-19-4-CAGR-to-2024-Global-Manufacturers-Industry-Size-Applications-Opportunity-and-Forecast.html .
The heart pump device market is segmented on the basis of product, type, therapy, and region. Based on product, the market is segmented into ventricular assist devices, intra-aortic balloon pumps, and total artificial heart. The ventricular assist devices market is expected to grow at the highest CAGR during the forecast period.
Report provides company heart pump devices market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures,research& development, technology, and regional expansion of major participants involved in the market on a global and regional basis.
Click now for More Queries, Information and Discount on this study Heart Pump Device Market by Product (Ventricular Assist Device (LVAD, RVAD, BiVAD, and pVAD), Intra Aortic Balloon Pump, TAH), Type (Extracorporeal and Implantable Pump), Therapy (Bridge-to-transplant, Destination Therapy) - Global Forecast to 2022 research is available now at http://www.reportsnreports.com/contacts/discount.aspx?name=1502333 .
High growth in the ventricular assist devices market can be primarily attributed to the increased dependency on ventricular assist devices for the treatment of heart failure and technological advancements to improve the safety of these devices.
Key Target Audience
Manufacturers of heart pump devices
Original equipment manufacturers
Suppliers and distributors of heart pump devices
Healthcare service providers
Transplant centers
Teaching hospitals and academic medical centers
Health insurance players
Government bodies/municipal corporations
Regulatory bodies
Medical research institutes
Business research and consulting service providers
Venture capitalists
Market research and consulting firms
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Ms. Snehal
Tel: + 18883915441
Email us
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ReportsnReports
Ms. Snehal
Tel: + 18883915441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results