Ventricular Assist Devices Market Expected to Reach $1,773 million By 2023 – Abiomed, Berlin, Jarvik, Medtronic, ReliantHeart, Terumo

Ventricular assist device is a mechanical pump used to support the function of left, right, or both ventricles. These devices are used to support cardiac circulation in people who have reached the end-stage heart failure. The global ventricular assist devices market garnered $809 million in 2016, and is anticipated to reach $1,773 million, growing at a CAGR of 11.8%.

Growth in incidences of heart failure across the globe, new technological advancements in ventricular assist devices, awareness among patients about monitoring of the heart, and shortage of heart donors drive the market. Moreover, emerging countries such as developing and under-developed nations provide lucrative opportunities for the market to witness growth. However, the market is restrained by high cost of the procedure and certain risks associated with the VAD implantation procedure.

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The global ventricular assist devices market is segmented into product, application, design, and region. Based on product, it is divided into left ventricular assist devices (LVADs), right ventricular assist devices (RVADs), and biventricular assist devices (BIVADs). By application, the market is classified into bridge-to-transplant (BTT) therapy, destination therapy, bridge-to-recovery (BTR) therapy, and bridge-to-candidacy (BTC) therapy. Based on design, the market is bifurcated into transcutaneous and implantable ventricular assist devices. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
-This report provides an extensive analysis of the current and emerging trends and dynamics in the global ventricular assist devices market.
-This study provides the competitive landscape of the global market to predict the competitive environment across geographies.
-This report entails the detailed quantitative analysis of the current trends and future estimations to identify the prevailing opportunities.
-Comprehensive analysis of factors that drive and restrict the market growth is provided in the report.
-Region- and country-wise analysis is provided to understand the market trends and dynamics.

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Table of Content:

1 Introduction
1.1 Scope of Study
2 Key Takeaways
3 Ventricular Assist Devices Market  Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis
4 Ventricular Assist Devices Market - Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5  Ventricular Assist Devices Market Analysis- Global
5.1 Global   Ventricular Assist Devices Market Overview
5.2 Global   Ventricular Assist Devices Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions   Ventricular Assist Devices Market

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Posted by on Monday August 19 2019, 6:45 AM EST. All trademarks acknowledged. Filed under Biotechnology, Business Services, Diagnostics, Featured Press Release, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

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