Title: Global LVAD Market Report: 2015 Edition - New Report by Koncept Analytics
1Global LVAD Market Report ----------------------
------------------- 2015
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2View 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.
3Factors 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)
4Factors 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)
5Economic 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.
6Contact Us
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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