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<br>Heart Pump Device Market was valued at USD3.98 billion in 2017 and is estimated to grow at a CAGR of 20.5% from 2017 to 2024.
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Heart Pump Device Market was valued at USD3.98 billion in 2017 and is estimated to grow at a CAGR of 20.5% from 2017 to 2024. Heart Pump Device MarketHeart Pump Device Market1 Heart Pump Device Market is essentially mechanical pumps acting as ventricular assist devices. These are implanted surgically and are used to temporarily support the functions of the heart in people with a weak heart or irregular blood flow. These devices are especially used as a bridge to heart transplantation for patients with end-stage heart failure Some of the Heart Pump Device Market drivers include increasing technological advancements in healthcare, the rise in the prevalence of cardiovascular diseases, lack of donor's hearts for transplantation, along with the rise in geriatric population. In addition to this, favourable reimbursement scenario, availability of clinical evidence for the safety and efficacy procedures, patients getting aware of better healthcare options, changing technology and innovation, changing demographics and lifestyles leading to an increased prevalence of peripheral vascular diseases, and adoption of new products together with rising demand for advanced medical instruments are a few other factors that have boosted the overall Heart Pump Device Market growth.
Heart Pump Device Market is segmented by product, type, therapy, and region. Heart pump device has the predominant usage in surgeon offices, hospital emergency departments & intensive care units, and research institutes. Geographically, Heart Pump Device Market is classified into North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). In 2018, North America is anticipated to have the largest share in the Heart Pump Device Market. The largest ratio of the North American market can mostly be attributed to the high prevalence of technologically advanced medical framework, sophisticated insurance & co payment system & high R&D investment by governments and private funding organizations for the development of surgical techniques, Availability of clinical evidence for the safety and efficacy of surgery procedures, transmuting technology and innovation. Asia Pacific market is expected to grow at the fastest rate during the forecast period owing to the increasing demand for heart pump devices. Many minuscule players are looking forward to investment in the Asia Pacific market due to a sizable patient pool and incremental utilization of Heart Pump Device Market. The key players in the Heart Pump Device Market include St. Jude Medical (subsidiary of Abbott Laboratories) (US), Abiomed (US), Medtronic (Ireland), Getinge (Sweden), Teleflex (US), ReliantHeart (US), BerlinHeart (Germany), Terumo (Japan), SynCardia Systems (US), TandemLife (CardiacAssist) (US), Jarvik Heart (US), and Fresenius Medical Care (Germany). The years that have been considered for the study are: Fore More Info Visit: https://www.maximizemarketresearch.com/market-report/heart-pump-device- market/11010/ • Base year – 2016 • Estimated year – 2017 • Forecast period – 2017 to 2024 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 Heart Pump Device Market - Key Segment: • Heart Pump Device Market, By Product: o Ventricular Assist Devices (VADs) o Left Ventricular Assist Devices (LVADs) o Right Ventricular Assist Devices (RVADs) o Bi-ventricular Assist Devices (BiVADs) o Percutaneous Ventricular Assist Devices (pVADs) o Intra-aortic Balloon Pumps (IABPs) o Total Artificial Heart (TAH) •Heart Pump Device Market, By Type: o Implantable Heart Pump Devices o Extracorporeal Heart Pump Devices •Heart Pump Device Market, By Therapy: o Bridge-to-transplant (BTT) o Bridge-to-candidacy (BTC) o Destination Therapy (DT) o Other Therapies
Company Profiles: • Abbott Laboratories • Abiomed • Medtronic • Getinge • SynCardia Systems • Teleflex • ReliantHeart • Terumo • Berlin Heart • Jarvik Heart • CardiacAssist • Fresenius Medical Care Heart Pump Device Market, By Region: North America • U.S • Canada Europe • Germany • France • UK • Italy • Spain • Russia • Rest of Europe
Asia Pacific • Japan • China • India • South Korea • Australia • Rest of Asia Pacific Rest of the World (ROW): • Middle-East • Africa • Latin America This Report Is Submitted By Maximize Market Research Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: sales@maximizemarketresearch.com Address: Maharashtra 411051, India.