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Ventricular Assist Device Market Share, Growth, Trend Analysis and Forecast 2024

Search4Research.com adds latest research report on “Global Ventricular Assist Device Market”, it include and classifies the Global Ventricular Assist Device Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as future trends and growth prospect details for business development.

Ventricular assist devices are mechanical pumps used to support cardiac circulation in patients who have weakened hearts.

A ventricular assist device (VAD) is an electromechanical device for assisting cardiac circulation, which is used either to partially or to completely replace the function of a failing heart. The function of VADs is different from that of artificial cardiac pacemakers; some are for short-term use, typically for patients recovering from myocardial infarction (heart attack) and for patients recovering from cardiac surgery; some are for long-term use (months to years to perpetuity), typically for patients suffering from advanced heart failure.

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The major factors that drive the growth of the global ventricular assist devices market include increase in incidence of patients with heart failure and shortage of heart donors. In accordance with the estimates of the American Heart Association, approximately 5.5 million individuals are affected by heart failure in the U.S. In addition, in the U.S., approximately 670,000 new cases of heart failure are diagnosed each year. Moreover, it is estimated that in the U.S., approximately 5.7 million patients of age 20 are affected with heart failure, while 30% of patients are below the age of 60.

Some of the key applications in the foot orthotics insole market include Bridge-to-transplant (BTT), Destination Therapy (DT) and others. Bridge-to-transplant (BTT) segment accounted for over 52.2% share of total sales generated in 2018. Destination Therapy (DT) segment is another leading segment of Ventricular Assist Device market and it accounted for over 30% share of total market in 2018.

The report also focuses on global major leading industry players of Global Ventricular Assist Device market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Global Ventricular Assist Device market development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.

With tables and figures helping analyze worldwide Global Ventricular Assist Device market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

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This report presents a comprehensive overview, market shares, and growth opportunities of Ventricular Assist Device market by product type, application, key manufacturers and key regions and countries.

This study considers the Ventricular Assist Device value and volume generated from the sales of the following segments:

  • LVADs
  • RVADs
  • BIVADs

Segmentation by application:

  • Bridge-to-transplant (BTT)
  • Destination Therapy (DT)
  • Other

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

  • AbioMed
  • Abbott (Thoratec)
  • Medtronic (HeartWare)
  • Berlin Heart

This report also splits the market by region:

  • Americas
  • APAC
  • Europe
  • Middle East & Africa
  • GCC Countries

Research objectives

  • To study and analyze the global Ventricular Assist Device consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Ventricular Assist Device market by identifying its various subsegments.
  • Focuses on the key global Ventricular Assist Device manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Ventricular Assist Device with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Ventricular Assist Device submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Get More Information about this report at https://www.search4research.com/industry-reports/136464/global-ventricular-assist-device-market-growth-status-and-outlook-2019-2024

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