Ventricular Assist Device Market - Forecast(2023 - 2028) - PowerPoint PPT Presentation

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Ventricular Assist Device Market - Forecast(2023 - 2028)

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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. – PowerPoint PPT presentation

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Title: Ventricular Assist Device Market - Forecast(2023 - 2028)


1
Ventricular Assist Device MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Ventricular Assist Device Market size is 1.35 Bn
    in 2019, growing at a CAGR of 11.8 during the
    forecast period 2020-2025. Ventricular Assist
    Device is a mechanical pump used to support heart
    function and blood flow in individuals who have
    weakened hearts or cardiac problems. A
    ventricular assist device (VAD) takes blood from
    a lower chamber of the heart and helps pump it
    into the body and vital organs.
  • 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.

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3
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  • Key Takeaways
  • Increased rate of heart attack and stroke leading
    to cardiovascular deaths is set to propel the
    growth of the market.
  • Increasing developments in the therapy process
    and increased functional capacity and performance
    is driving factors for the growth of Ventricular
    Assist Device market.
  • Europe region is estimated to record the fastest
    growth rate during the forecast period 2020-2025.

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4
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Ventricular Assist Device Market - Segment
Analysis In 2019, Left Ventricular Assist Devices
(LVADs) segment dominated the Ventricular Assist
Device Market in terms of revenue is estimated to
grow at a CAGR of 13.7. Left Ventricular Assist
Devices (LVADs) is implanted during an open-heart
surgery, where it receives blood from the left
ventricle and delivers it to the aorta. It works
along with the patients own heart. It is mostly
given as a treatment option for patients with
end-stage heart failure. Bridge-to-Transplant
(BTT) Therapy is the most used therapy type for
Left Ventricular Assist Devices (LVADs) to
restore the heart failure, eliminating the need
for a transplant abetting towards the markets
growth.
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5
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  • Ventricular Assist Device Market Industry
    Outlook 
  • Abiomed Inc.,
  • BiVACOR Inc,
  • Abbott Laboratories,
  • Medtronic PLC,
  • Terumo Corporation,
  • Asahi Kasei Corporation,
  • Berlin Heart GmbH,
  • Calon Cardio-Technology Ltd.,
  • CardiacAssist Technologies,
  • Jarvik Heart.

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6
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Ventricular Assist Device Market - Forecast(2022
- 2027) Learn More About the Report _at_
https//www.industryarc.com/Report/16935/ventricul
ar-assist-device-market.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id16935

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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