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LVAD, Left Ventricular Assist Device, is a mechanical device that circulates blood throughout the body when the heart is too weak to pump blood on its own. They are used in the bridge-to-transplantation (BTT), destination therapy (DT) and bridge to recovery. For More Details: http://goo.gl/s2Y5g0
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The report entitled “Global Mechanical Circulatory Support (MCS) Market with Focus on the Ventricular Assist Device (VAD) (2016-2020)”, provides. For details, write to info@daedal-research.com
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Rising prevalence of chronic diseases such as ventricle blockage and heart attacks are major factors driving the global ventricular assist devices market.
According to the World Health Organization, an estimated 17.9 million people die owing to cardiovascular diseases worldwide, each year with 35% of global deaths and 85% of these cardiovascular disease deaths are owing to heart attack and stroke. The increase in the prevalence of Ventricular Assist Device is driving the Ventricular Assist Device Market owing towards the increase of manufacturers focusing on expanding their pipeline to cater to the demand for Ventricular Assist Device treatment.
The report on Ventricular Assist Device by Infinium Global Research analyzes the the Ventricular Assist Device Market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Ventricular Assist Device Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global markets of Ventricular Assist Device.
The global percutaneous mechanical circulatory support devices market accounted to US$ 1,188.2 Mn in 2017 and is expected to grow at a CAGR of 12.3% during the forecast period 2018 - 2025, to account to US$ 2,977.8 Mn by 2025. Get sample PDF copy: https://www.theinsightpartners.com/sample/TIPRE00003194/
Cleveland Heart, Inc. (Cleveland) develops mechanical cardiac circulatory assist devices to treat heart failure patients. It offers SmartHeart Left Ventricular Assist Device (LVAD) which is a battery-operated mechanical device that is surgically implanted to maintain the pumping ability of heart, which cant work on its own. LVADs are used to bridge patients until the donor heart becomes available or as a long-term alternative for heart transplantation.
The North America Market for ventricular Assist Devices offered an opportunity worth US$0.49 bn in 2015. Expanding at an impressive CAGR of 9.20% during the period from 2016 to 2024, the market is projected to reach US$1.07 bn by 2024.
Cardiac assist devices are mechanical pumps that function along with the heart to enhance its pumping efficiency and help maintain optimal blood flow all through the body. These devices are usually used in patients who suffer from congestive heart failure, in which the odds of survival by oral medications become negligible. The shortage of donors has resulted into the development of these devices. Heart failure is a life-threatening condition that is caused by the weakening of heart muscles, diminish its ability to ensure optimal blood supply in the body. Even with no heart transplant, the life of patients' suffering from heart diseases can be improved and extended with the use of cardiac assist devices. Rapid technological advancements coupled with wide acceptance of cardiac surgeries among heart patients are factors due to which the overall cardiac assist devices market is likely to show a double-digit growth in the coming years.
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