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The research report u201cNigeria Ventricular Assist Device Marketu201d provides in-depth analysis of the Ventricular Assist Device market, Nigeria, based on application type, product type and design type for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report provides market size and forecast for Ventricular Assist Device Market. <br><br>Visit:u00a0https://www.gmiresearch.com/report/nigeria-ventricular-assist-device-vad-market/
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Nigeria Ventricular Assist Device Market
The market report by GMI Research offers a comprehensive breakdown of industry status and outlook of the market based on key players and market segments. The market report also studies the market competition landscape, market drivers, and trends, opportunities and challenges, risks and barriers, and other aspects of the market.
Nigeria Ventricular Assist Device Market Summary The major factors impacting the growth of the Nigeria Ventricular Assist Device Market size include the increasing number of patients with heart failure, high prevalence of cardiac diseases, and shortage of heart donors. According to the Nigeria Ventricular Assist Device Market report, the technically advanced VAD (DuraHeart, HeartMate III) devices are further up surging the market growth.
On the basis of design, the implantable ventricular assist device segment holds significant market share during the forecast period due to the growing awareness related to the product in the field of interventional cardiology and the high cost-effectiveness of this type of design. On the other hand, the transcutaneous ventricular assist device segment is expected to grow at a higher CAGR over the forecast period due to its increasing adoption by healthcare surgeons.
Based on the application, the Bridge-to-transplant (BTT) Therapy segment is expected to grow at a faster CAGR during the forecast period due to the limited availability of heart donors. However, the Bridge-to-recovery (BTR) Therapy segment dominates the market in the upcoming years due to the increasing number of product launches and partnerships among manufacturers and healthcare facilities such as hospitals and surgical centers. The growing number of heart donors during the forecast period will result in the high growth rate of the Bridge-to-recovery application.
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