Published by Coherent Market Insights
Posted on September 16, 2021
Cardiac Assist Devices Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of MAQUET GmbH & Co., Berlin Heart GmbH, Teleflex Incorporated, Thoratec Corporation, Heart Ware International, SynCardia Systems, Inc., and ABIOMED.
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A ventricular aid device, also called a ventricular assist pump, is an electro-mechanical device designed to help cardiac pumping, which in turn is intended to help maintain a constant heartbeat rhythm. When a ventricular aid device is needed for immediate medical attention, it is attached to the heart via the cardio-respiratory pathways to provide stimulation that helps maintain the heart rhythm. This is typically done with a latex hose or other similar device that provides a steady supply of suction to help keep the heart from stopping so it can pump blood.
Increasing prevalence of cardiovascular diseases is expected to drive growth of the global cardiac assist devices market. According to the American Heart Association (AMA), in 2016, cardiovascular disease accounted for 17.6 million deaths across the globe. According to the same source, that number is expected to reach 23.6 million by 2030. Furthermore, according to the World Health Organization (WHO), around 17.9 million people die each year from cardiovascular disease. Cardiovascular disease remains the leading cause of death across the globe. Cardiac assist devices such as pacemakers, implantable cardioverter-defibrillator (ICD), and cardiac loop recorders improve the function of kidneys, liver, brain, and other organs by increasing blood flow to the body. Hence, such factors are expected to drive growth of the global cardiac assist devices market. Furthermore, growing geriatric population is expected to propel the global cardiac assist devices market growth in the near future. According to the World Health Organization (WHO), the global geriatric population is expected to account for around 22% of the global population by 2050.
High cost of these devices combined with stringent regulatory compliances and risk associated with implantation is expected to hinder the global cardiac assist devices market. However, significant potential in emerging economies can provide lucrative growth opportunities for market players. Among regions, North America is expected to witness significant growth in the global cardiac assist devices market. This is owing to technological advancements in devices and rising cases of heart diseases. According to the Centers for Disease Control and Prevention (CDC), around 647,000 people in the U.S. die due to heart disease each year. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to improving healthcare infrastructure and favorable government initiatives to boost the healthcare sector in the region.
For instance, in March 2020, SynCardia Systems, LLC received the U.S. Food and Drug Administration (FDA) approval for a 50cc temporary Total Artificial Heart System (50cc TAH-t) as a bridge to heart transplant for patients who are at imminent risk for death from biventricular failure.
Purchase this Report at Discount Of US $2000 Flat OFF – https://www.coherentmarketinsights.com/promo/buynow/235
Reasons to Purchase this Report
• Current and future of global Cardiac Assist Devices Market outlook in the developed and emerging markets • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period. • Regions/countries that are expected to witness the fastest growth rates during the forecast period • The latest developments, market shares, and strategies that are employed by the major market players
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Cardiac Assist Devices Market : How Green Is Your Healthcare Technology? To Make A Growth Impact In Your Business appeared first on Gatorledger.
Cardiac Assist Devices Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of MAQUET GmbH & Co., Berlin Heart GmbH, Teleflex Incorporated, Thoratec Corporation, Heart Ware International, SynCardia Systems, Inc., and ABIOMED.
Request Here For Market Latest Insights: https://www.coherentmarketinsights.com/insight/request-pdf/235
A ventricular aid device, also called a ventricular assist pump, is an electro-mechanical device designed to help cardiac pumping, which in turn is intended to help maintain a constant heartbeat rhythm. When a ventricular aid device is needed for immediate medical attention, it is attached to the heart via the cardio-respiratory pathways to provide stimulation that helps maintain the heart rhythm. This is typically done with a latex hose or other similar device that provides a steady supply of suction to help keep the heart from stopping so it can pump blood.
Increasing prevalence of cardiovascular diseases is expected to drive growth of the global cardiac assist devices market. According to the American Heart Association (AMA), in 2016, cardiovascular disease accounted for 17.6 million deaths across the globe. According to the same source, that number is expected to reach 23.6 million by 2030. Furthermore, according to the World Health Organization (WHO), around 17.9 million people die each year from cardiovascular disease. Cardiovascular disease remains the leading cause of death across the globe. Cardiac assist devices such as pacemakers, implantable cardioverter-defibrillator (ICD), and cardiac loop recorders improve the function of kidneys, liver, brain, and other organs by increasing blood flow to the body. Hence, such factors are expected to drive growth of the global cardiac assist devices market. Furthermore, growing geriatric population is expected to propel the global cardiac assist devices market growth in the near future. According to the World Health Organization (WHO), the global geriatric population is expected to account for around 22% of the global population by 2050.
High cost of these devices combined with stringent regulatory compliances and risk associated with implantation is expected to hinder the global cardiac assist devices market. However, significant potential in emerging economies can provide lucrative growth opportunities for market players. Among regions, North America is expected to witness significant growth in the global cardiac assist devices market. This is owing to technological advancements in devices and rising cases of heart diseases. According to the Centers for Disease Control and Prevention (CDC), around 647,000 people in the U.S. die due to heart disease each year. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to improving healthcare infrastructure and favorable government initiatives to boost the healthcare sector in the region.
For instance, in March 2020, SynCardia Systems, LLC received the U.S. Food and Drug Administration (FDA) approval for a 50cc temporary Total Artificial Heart System (50cc TAH-t) as a bridge to heart transplant for patients who are at imminent risk for death from biventricular failure.
Purchase this Report at Discount Of US $2000 Flat OFF – https://www.coherentmarketinsights.com/promo/buynow/235
Reasons to Purchase this Report
• Current and future of global Cardiac Assist Devices Market outlook in the developed and emerging markets • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period. • Regions/countries that are expected to witness the fastest growth rates during the forecast period • The latest developments, market shares, and strategies that are employed by the major market players
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Cardiac Assist Devices Market : How Green Is Your Healthcare Technology? To Make A Growth Impact In Your Business appeared first on Gatorledger.
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