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Global LVAD Market Report: 2015 Edition - New Report by Koncept Analytics

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Title: Global LVAD Market Report: 2015 Edition - New Report by Koncept Analytics


1
Global LVAD Market Report ----------------------
------------------- 2015
View Report Details
2
View Report Details
  • Executive Summary
  • Left ventricular assist devices (LVADs) are
    mechanical heart pumps used to support a failing
    heart in patients with advanced heart failure.
    LVADs are lifesaving modules for patients who
    need temporary cardiac assistance and for those
    waiting for heart transplantation. They are used
    in the bridge-to-transplantation (BTT),
    destination therapy (DT) and bridge to recovery.
    LVAD is a key potential area of focus for
    researchers and various manufacturers at present.
    The cost-effectiveness and increased insurance
    reimbursement conditions are likely to increase
    the demand for LVADs in the future.
  • The report Global LVAD Market provides a
    comprehensive analysis of the global market for
    LVAD, global BTT and DT market along with
    in-depth study of the US market and focus on
    application area worldwide. The major trends,
    growth drivers as well as issues being faced by
    the industry are being presented in this report.
    The three major players in the industry, Thoratec
    Corporation, Heartware International Inc. and
    Abiomed Inc. are being profiled.
  • The key factors driving the growth of the LVAD
    market are increasing diabetic population, rising
    healthcare expenditure, ageing population and
    technological developments. Some of the
    noteworthy trend and developments of this
    industry are new product development and
    expansion in number of LVAD centers. However, the
    expansion of global LVAD market is hindered by
    serious adverse events with implantable LVADs and
    barriers for DT adoption 
  • By combining SPSS Inc.s data integration and
    analysis capabilities with our relevant findings,
    we have predicted the future growth of the
    industry. We employed various significant
    variables that have an impact on this industry
    and created regression models with SPSS Base to
    determine the future direction of the industry.
    Before deploying the regression model, the
    relationship between several independent or
    predictor variables and the dependent variable
    was analyzed using standard SPSS output,
    including charts, tables and tests.

3
Factors like increasing diabetic population,
rising healthcare expenditure, ageing population
are driving LVAD market globally..
Global LVAD Market by Value (2011-2015E)
  • The global LVAD market increased to US...
    million in 2014 from US... million in 2013,
    showing an incline of and is anticipated to
    reach US... million by 2015.
  • The global LVAD market increased from units in
    2013 to units in 2014. The same registered a
    CAGR of for the period spanning 2008-2014.
  • As of 2014, the US LVAD market was worth US...
    million, representing an incline of , as
    compared to US... million in 2013. The same
    registered a CAGR of for the period spanning
    2011-2014.

Global LVAD Market (2011-2016E)
The US LVAD Market by Value (2011-2016E)
4
Factors like increasing diabetic population,
rising healthcare expenditure, ageing population
are driving LVAD market globally..
The US LVAD Market - by Volume (2011-2016E)
  • In terms of volume, the US LVAD market was
    recorded at units in 2014, as compared to
    units in 2013, representing growth of and
    expected to reach units by 2016. The US LVAD
    market grew at a CAGR of for the period
    2011-2016.
  • The US LVAD BTT market was recorded at units in
    2014, as compared to units in 2013.
  • The US LVAD DT market increased to units in
    2014, from units in 2013, depicting an incline
    of .

The US Annual BTT LVAD Implants (2011-2015E)
The US Annual DT LVAD Implants (2011-2015E)
5
Economic development, demand for LVADs for bridge
to transplantation (BTT) and bridge to recovery
therapies will drive the LVAD market
Global LVAD Market Forecast (2014-2018E)
  • In terms of volume, the global LVAD market is
    poised to grow at compound annual growth rate of
    from units in 2014 to units in 2018.
  • The driving force for the global LVAD market are
    growing ventricular assist device (VAD) therapy,
    rising healthcare expenditure, ageing population,
    and technological developments.
  • The market is expected to be driven by growing
    patient population and the growing demand for
    LVADs for bridge to transplantation (BTT) and
    bridge to recovery therapies.
  • The future growth for LVAD market would mainly be
    driven by new product development and global GDP.

6
Contact Us
View Report Details
These are abridged and sanitized sample pages
from the comprehensive report on the Global
LVAD Market . To know more about this report or
for any customized research requirement, please
contact the following
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com
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