Cardiac Assist Devices Market Size Share Trends Forecast 2026

1. CARDIAC ASSIST DEVICES MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Cardiac Assist Devices Market - Overview Cardiac Assist Devices Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 Cardiac assist devices are mechanical pumps that assist the heart to enhance its pumping efficiency and help maintain optimal blood flow throughout the body. In cases of congestive heart failure, where oral medications fail to help the patient survive, cardiac assist devices are used. Heart failure is majorly caused due to weakening of heart muscles, which diminishes the heart’s ability to ensure optimal blood supply throughout the body. In such cases, the heart can be donated to the suffering patient, however, the number of donors for heart transplantation is reducing, due to rapid improvement in healthcare, which increases the life span of several patients. This in turn, is increasing the demand for cardiac assist devices, further creating a lucrative environment for growth of the cardiac assist devices market. Furthermore, rapid advancements in technology coupled with increasing number of cardiac surgeries among heart patients are factors contributing to growth of the cardiac assist devices market. The market for cardiac assist devices is majorly driven by the growing geriatric population, increasing prevalence of heart failure, high adoption of cardiac assist devices. These devices are also used as a BTT or Bridge-To-Transplantation, BTR or Bridge-To-Recovery, and/or DT or Destination Therapy depending upon the severity of the disease and necessity of the patient. Browse Research Reports: https://www.coherentmarketinsights.com/ongoing-insight/cardiac- assist-devices-market-235 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION According to Centers for Disease Control and Prevention (CDC), around 5.7 million individuals in the U.S. suffered from heart failure in 2016. The report suggests that the number of occurrences is likely to increase, with the increase in number of aging of the population in this region. According to the American Heart Association, around 2,200 people in the U.S. die from cardiovascular disease every day, an average of 1 death per 40 seconds. This staggering number of patients suffering from heart diseases will result in growth in demand for cardiac assist devices. According to the American Heart Association, in 2013, cardiovascular disease is the foremost global cause of deaths among the population, accounting for about 17.3 million deaths per year. According to the same report, the number of deaths is expected to rise to around 23.6 million by 2030. Moreover, growing aging population and rising prevalence of coronary artery diseases are some of the other major factors expected to fuel growth of the market. Increasing adoption of unhealthy dietary habits, lack of proper exercise, increasing stress, and sedentary lifestyles are increasing occurrences of heart-related diseases, especially heart failures. This in turn is increasing demand for cardiac assist devices, thus expected to boost market growth over the forecast period. North America accounted for the major market share in 2016, owing to high prevalence of heart diseases such as cardiac failure, increased awareness among patients regarding such devices as well as high adoption of cardiac assist devices in hospitals and homecare. Request a Sample copy of this reports : https://www.coherentmarketinsights.com/insight/request-sample/235 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Major manufacturers operating in the market primarily focus on developing innovative and efficient cardiac assist devices through a robust research and development program. Key Developments Key companies in the market are involved in various growth strategies such as merger and acquisition, in order to gain competitive edge in the global market. For instance, in October 2018, Teleflex Incorporated, a provider of specialty medical devices, acquired Essential Medical, Inc., a U.S.-based medical device company. The acquisition will give Teleflex access to Essential Medical’s CE marked MANTA Vascular Closure Device, which is used for cardiac assist. Key players in the market are focused on various business strategies such as gaining product approval from regulatory authorities, in order to enhance the market presence. For instance, in September 2017, Abiomed, a manufacturer of medical implant device, received the U.S. Food and Drug Administration (FDA) approval for Impella RP System, which is a heart pump and is used in treatment of right heart failure. Major companies in the market are involved in different growth strategies such as product launched, in order expand their product portfolio and gain competitive edge in the market. For instance, in May 2017, Teleflex Incorporated, a provider medical devices, launched New Arrow AC3 Optimus Intra-Aortic Balloon Pump. This novel device the cardiologists tools to handle routine as well as complex heart cases. Buy-Now this research report: https://www.coherentmarketinsights.com/insight/buy- now/235 © Coherent market Insights. All Rights Reserved

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6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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