Title: Cardiac Assist Devices Market Size, Share and Forecast upto 2024
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2Cardiac Assist Devices Market Overview 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. The
market in cardiac assist devices is mainly driven
by the growth of geriatric population, increasing
prevalence of heart failure, high adoption rate
of these devices, and new technological
innovations. Increasing prevalence of
cardiovascular diseases further fuels growth of
the global cardiac assist devices market size.
These devices are also used as a BTT or
Bridge-To-Transplantation, BTR or
Bridge-To-Recovery and/or DT or Destination
Therapy depending upon the severity of the
disease and necessity of the patient.
Technological innovations are making cardiac
assist devices minimally invasive and efficient,
which would further encourage growth of the
cardiac assist devices industry in the near
future. However, alternative treatment such as
pacemaker and heart transplantation and some
risks that are associated with device
implantation may pose a challenge towards the
growth of the cardiac assist devices market.
3REPORT DESCRIPTION
Cardiac assist devices market Taxonomy On the
basis of product type, the global market is
classified into Total Artificial Heart
(TAH) Intra-Aortic Balloon Pumps
(IABP) Ventricular Assist Devices (VAD) On the
basis of placement location, the global market is
classified into Right Ventricular Assist Device
(RVAD) Left Ventricular Assist Device
(LVAD) External Ventricular Assist Device
(VAD) Bi-Ventricular Assist Device
(Bi-VAD) Request report sample for more
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4REPORT DESCRIPTION
- Cardiac assist devices market Key Players
- Major players involved in the global cardiac
assist devices market include - MAQUET GmbH Co.
- Berlin Heart GmbH
- Teleflex Incorporated
- Thoratec Corporation
- Heart Ware International
- SynCardia Systems, Inc.
- ABIOMED.
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