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Global Heart Pump Devices Market By Product ( Ventricular Assist Devices (VADs), Intra-aortic Balloon Pumps (IABPs), Total Artificial Heart (TAH)), Type ( Implantable Heart Pump Devices, Extracorporeal Heart Pump Devices), Therapy ( Bridge-to-transplant (BTT), Bridge-to-candidacy (BTC), Destination Therapy (DT), Other Therapies), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
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Heart pump devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data bridge market research analyses the market account to USD 8.18 Billion by 2027 growing at a CAGR of 18.04% in the above-mentioned forecast period. Market growth was driven by the global rise in heart failure morbidity and mortality, especially in the developing countries, is anticipated to provide encouragement for manufacturers of heart pump products.
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Competitive Landscape and Heart Pump Devices Market Share Analysis
Heart pump devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Heart Pump Devices Market.
Key Market Competitors Covered in the Report
- Terumo Medical Corporation
- W. L. Gore & Associates, Inc
- Getinge AB
- Medtronic
- Abbott
- Boston Scientific Corporation
- Edwards Lifesciences Corporation
- Johnson & Johnson Services, Inc
- Berlin Heart
- CardiacAssist, Inc
- ReliantHeart Inc
- Fresenius Medical Care AG & Co. KGaA
- Jarvik Heart, Inc
- SynCardia Systems, LLC
- ABIOMED
- HeartWare
- CryoLife, Inc
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Global Heart Pump Devices Market Scope and Market Size
Heart pump devices market is segmented on the basis of product, type and therapy. Each individual segment’s growth is analysed and these insights are subsequently considered before providing you with the market overview which can help you in understanding and identification of your core applications in the broad market.
- Based on product, the heart pump devices market is segmented into ventricular assist devices (VADs), intra-aortic balloon pumps (IABPs) and total artificial heart (TAH). Ventricular assist devices (VADs) are further segmented into left ventricular assist devices (LVADs), right ventricular assist devices (RVADs), bi-ventricular assist devices (BiVADs) and percutaneous ventricular assist devices (PVADs) in the product segment ventricular assist devices should increase during the forecast period at the highest CAGR.
- based on type heart pump market is segmented into implantable heart pump devices, extracorporeal heart pump devices. In the type segment implantable heart pump grow with highest CAGR in the forecasted period.
- In October 2019, Medtronic plc, the global leader in medical technology has announced that it has been designated as a development device by the U.S. Food and Drug Administration (FDA) The Medtronic fully implantable Left Ventricular Assist Device (LVAD) has been designed specifically for patients with severe heart failure. An implanted cardiac pump is included in LVAD systems to increase blood flow across the body. The system is connected to a cable connecting the power supply from the body to a regulator (AC or DC converter, batteries). The upcoming machine will be fully installed in the organ.
- Based on therapy, the heart pump devices market has been segmented bridge-to-transplant (BTT), bridge-to-candidacy (BTC), destination therapy (DT), other therapies.in the therapy segment destination therapy grow with the highest CAGR in the forecasted period
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the Heart Pump Device Market
Chapter 2: Evaluating the leading manufacturers of the Heart Pump Device Market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting Heart Pump Device Market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
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