Cardiac Assist Devices Market is Anticipated to Witness High Growth Owing to Increase in Cardiovascular Diseases

Ishika cmi

Cardiac Assist Devices Market is Anticipated to Witness High Growth Owing to Increase in Cardiovascular Diseases

Cardiac assist devices are mechanical pumps that are used to support the pumping function of the weakened heart. There are various types of cardiac assist devices available in the market including ventricular assist devices, total artificial hearts, and intra-aortic balloon pumps. Ventricular assist devices are the most commonly used cardiac assist devices that are implanted in patients suffering from severe heart failure. They pump blood from the lower chambers of the heart to the rest of the body. The growing incidence of cardiovascular diseases and rising number of patients requiring cardiac surgeries are majorly driving the demand for cardiac assist devices globally. Cardiac assist devices are increasingly being used as a bridge to transplant therapy or for permanent use in cases where transplantation is not a viable option.

The Global Cardiac Assist Devices Market is estimated to be valued at US$ 3.69 Bn in 2024 and is expected to exhibit a CAGR of 8.9% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Cardiac Assist Devices Market Size are Sherwin Williams Company, Akzo Nobel N.V., PPG Industries Ltd Axalta Coatings Systems, Rust-Oleum - RPM International Inc., Aexcel Coatings., Sokan New Materials, and Jotun AS. Akzo Nobel N.V and PPG Industries Ltd are two of the leading players in the global cardiac assist devices market.

The rising geriatric population highly prone to cardiovascular diseases, increasing budget allocation for healthcare infrastructure development in developing regions, and growing awareness regarding heart failures treatment are expected to open new opportunities for players in the Cardiac Assist Devices Market.

Key players are focusing on expanding their presence globally, especially in emerging markets of Asia Pacific and Latin America to tap the high market potential. Players are also investing in new product development and launches to consolidate their market share.

Market Drivers:

Increase in cardiovascular diseases - The growing prevalence of cardiovascular diseases such as coronary artery disease, heart failure, and stroke due to changing lifestyles and increasing geriatric population are majorly driving the demand for cardiac assist devices.

Market Restrains:

High cost of cardiac assist devices - The high cost associated with the implantation of cardiac assist devices can hinder the market growth. Besides device cost, implantation procedure and post-operative care are also expensive which limits affordability.

Segment Analysis

This market comprises intra-aortic balloon pumps, ventricular assist devices, and total artificial hearts. Ventricular assist devices dominate the market owing to their ability to support the weakened ventricles and improve the quality of life of patients suffering from heart failure. They enhance cardiac output and circulation in patients experiencing difficulty in pumping sufficient blood to meet the body's needs.

Global Analysis

North America holds the largest share in the cardiac assist devices market due to high healthcare spending and presence of major market players in the region. Asia Pacific is poised to grow at the fastest rate during the forecast period. Increasing incidences of cardiovascular diseases, rising healthcare expenditure, growing medical tourism, and rapid improvements in healthcare infrastructure are factors boosting market growth in Asia Pacific countries like India and China.

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Cardiac Assist Devices Market Size, Share, Growth Opportunity & Global Forecast to 2027

AdvikaAryaa 2021-10-06

Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the cardiac assist devices market include Abbott Laboratories, Berlin Heart GmbH, Maquet GmbH (Getinge AB), ReliantHeart, Inc., SynCardia Systems, LLC, ABIOMED, Inc., BiVACOR, Inc., Medtronic plc., XENIOS AG.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Cardiac Assist Devices Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/cardiac-assist-devices-market/download-sampleMarket DynamicsDemand for the cardiac assist devices market is projected to grow with rising heart ailments, failure incidence, and heart transplantation.

With the aging population and advances in the treatment of cardiac disease, the number of cardiac assist devices sales continues to increase.

Cardiac assist devices are increasingly being used as lifetime support or destination therapy.

Improvements in device design and advances in surgical and medical management are anticipated to create new growth opportunities.

Cardiac Assist Devices Market - A Comprehensive Overview

Vaishnavi Kashid 2023-08-14

The global healthcare industry has been witnessing significant advancements in medical technology, and one area that has particularly gained attention is the Cardiac Assist Devices Market. Let's delve into the key trends and factors driving the growth of the Cardiac Assist Devices Market. The rising prevalence of cardiovascular diseases, coupled with an aging population, has led to an increased demand for advanced treatment options. Additionally, technological innovations in cardiac assist devices have significantly improved their efficacy and safety, making them a preferred choice for both patients and healthcare providers. As the market continues to evolve, collaborations between medical device manufacturers, healthcare providers, and regulatory bodies will play a crucial role in ensuring the development of safe, efficient, and accessible cardiac assist devices.

Cardiac Assist Devices Market 2020 Major Key Players and Industry Analysis Till 2027

Sara Jones 2021-12-07

COVID-19 Impact Analysis on Cardiac Assist Devices Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027. The major players in the cardiac assist devices market include Abbott Laboratories, Berlin Heart GmbH, Maquet GmbH (Getinge AB), ReliantHeart, Inc. Get more information on "Global Cardiac Assist Devices Market Research Report" by requesting FREE Sample Copy at https://www. With the aging population and advances in the treatment of cardiac disease, the number of cardiac assist devices sales continues to increase. By Product Type· Ventricular Assist Devices (Vad)· Intra-Aortic Balloon Pump· OthersBy Modality Type· Transcutaneous· ImplantableBy End-User· Hospital· Ambulatory Surgical CentersRegional AnalysisThis section covers the regional outlook, which accentuates current and future demand for the Cardiac Assist Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Cardiac Assist Devices Market Key Players, Dynamics & Latest Trades Report to 2030

Mariya Ahsan 2023-08-03

The global Cardiac Assist Devices Market is highly fragmented due to the presence of various large numbers of players which forms a competitive environment. The major players in the cardiac assist devices market include Abbott Laboratories, Berlin Heart GmbH, Maquet GmbH (Getinge AB), ReliantHeart, Inc. Get more information on "Global Cardiac Assist Devices Market Research Report" by requesting FREE Sample Copy at https://www. With the aging population and advances in the treatment of cardiac disease, the number of cardiac assist devices sales continues to increase. Purchase Complete Global Cardiac Assist Devices Market Research Report at https://www.

Cardiac Assist Devices Market Is Estimated To Witness High Growth Owing To Increasing Prevalence of Cardiovascular Diseases

Pooja salve 2023-10-03

The global Cardiac Assist Devices Market is estimated to be valued at US$ 1. The growing prevalence of cardiovascular diseases, coupled with advancements in the field of cardiac technology, is driving the demand for cardiac assist devices. PEST Analysis: Political: The political factor in the cardiac assist devices market refers to government regulations and policies that impact the industry. Economic: The economic factor in the cardiac assist devices market looks at the overall economic conditions that impact the industry. Social: The social factor in the cardiac assist devices market considers the societal trends and demographics that affect the industry.

Rising Prevalence of Cardiovascular Diseases of Cardiac Assist Devices Market

Sneha 2024-02-01

The global Cardiac Assist Devices Market is estimated to be valued at US$ 3. SWOT AnalysisStrength: Cardiac assist devices provide circulatory support to patients suffering from heart failure. Weakness: The procedure to implant cardiac assist devices is highly invasive and complex. Key TakeawaysThe Global Cardiac Assist Devices Market Demand is expected to witness high growth. Key players operating in the cardiac assist devices market are Sherwin Williams Company, Akzo Nobel N.

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Global Cardiac Assist Devices Market Is Estimated To Witness High Growth Owing To Technological Advancements and Increasing Prevalence of Cardiovascular Diseases

Ben Wood 2023-08-16

The global Cardiac Assist Devices market is estimated to be valued at USD 1. They can be temporary, such as ventricular assist devices (VADs), or permanent, such as total artificial hearts. Traditionally, cardiac assist devices were implanted through open-heart surgery. - Key players operating in the global Cardiac Assist Devices market include MAQUET GmbH & Co. Technological advancements and the increasing prevalence of cardiovascular diseases are driving the demand for these devices.

Pumping Progress: A Comprehensive Overview of the Ventricular Assist Devices Market

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Allied Market Research has recently unveiled a research study titled "Ventricular Assist Devices Market Outlook and Forecast 2021-2031. com/ventricular-assist-devices-market Ventricular Assist Devices Market Statistics: The global ventricular assist devices market size was valued at $1,338. com/request-sample/2024 The segments and sub-section of Steam Cell Banking market is shown below: By Product: Left Ventricular Assist Devices (LVADs) Right Ventricular Assist Devices (RVADs) Biventricular Assist Devices (BIVADs) By Application: Bridge-To-Transplant (BTT) Destination Therapy Bridge-To-Recovery (BTR) Bridge To Candidacy Therapy By Design: Transcutaneous Ventricular Assist Devices Implantable Ventricular Assist Devices By Age: Adults Pediatrics Some of the key players involved in the Market are: Calon Cardio-Technology Ltd, LivaNova PLC, AdjuCor GmbH, SynCardia Systems, LLC, Berlin Heart GmbH, Corewave SA, Bivacor Inc. com/purchase-enquiry/2024 About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.

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Walking Assist Devices Market : Technological Advancements in the Field of Walking Assist Devices

Ritika Tyagi 2021-02-02

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North America was the largest region in the cardiac assist devices and equipment market

vamshi tbrc 2019-12-30

A recent report published by TheBusinessResearchCompany on Cardiac Assist Devices And Equipment Market provides in-depth analysis of segments and sub-segments in the global as well as regional.The Cardiac Assist Devices And Equipment Global Market Report 2019 which provides strategists, marketers and senior management with the critical information they need to assess the global cardiac assist devices and equipment market.

The report covers the cardiac assist devices and equipment market’s segments- ventricular assist devices (LVAD), intra-aortic balloon pumps, total artificial heart, hospital pharmacies, ambulatory surgical centers, and emergency services.Cardiac Assist Devices And Equipment Global Market Report 2019 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 50+ geographies.

The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.It also compares the market’s historic and forecast growth.

It covers all the regions, key developed countries and major emerging markets.

It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.

The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Device miniaturization is becoming popular in the cardiac assist devices and equipment market.

Ventricular Assist Devices Market Revenue, Growth Factors, Trends, Key Companies, Forecast To 2027

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According to MRFR analysis, the Global Ventricular Assist Device Market is expected to register a CAGR of 11. The ventricular assist devices market in the Middle East & Africa has been divided into the Middle East and Africa. The market based on product type has been divided into left ventricular assist device, right ventricular assist device, and biventricular assist device. Have a Look at Related Reports:Contact Lenses Market - https://www. htmlMicrocatheters Market - https://www.

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The market is further segmented and forecast on the basis of major geographies such as North America, Europe, Asia-pacific and Rest of the World (RoW).

The European market is growing due to the technological advancements and government support and along with increase in the spending capacity population.This report also includes the market share, approach for arriving at the market size, new technology developments, product matrix, life cycle analysis, Porter’s five forces analysis and price analysis by product.

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Ventricular Assist Devices Market Trends, Application, Growth Rate, and Future Forecast till 2027

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North America, too is a key player when it comes to this medical device market; advancement in medical collaborations, bridge-to-transplant and impetus towards destination therapies have given rise to the ventricular assist device market. The key companies investing in ventricular assist devices are – Medtronic, Cardiac Assist Inc. In 2020, it was reported that the left ventricular assist device market surged towards 80. The Biventricular assist device market is also set to rise within the coming years since they have partially replaced the left ventricular assist devices due to accuracy and efficiency. com/reports/ventricular-assist-devices-market-9777 About Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

Cardiac Assist Devices Are Reducing Hospital Readmissions In Heart Failure Patients

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Despite advances in treatment, hospital readmissions for heart failure remain alarmingly high, posing a significant burden on healthcare systems and diminishing patients' quality of life. However, Cardiac Assist Devices have emerged as a promising solution to reduce hospital readmissions and improve outcomes for heart failure patients. One of the primary reasons for hospital readmissions in heart failure patients is the exacerbation of symptoms and the inability to effectively manage fluid overload. Furthermore, cardiac assist device promote cardiac rehabilitation and allow for optimization of medication therapy. They provide a bridge to heart transplantation in eligible candidates, significantly improving survival rates and reducing the need for urgent transplantations.

Ventricular Assist Devices Market Is Estimated To Witness High Growth Owing To Rising Prevalence of Heart Failure & Technological Advancements

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The Ventricular Assist Devices Market is estimated to be valued at US$ 1. Segment Analysis: The ventricular assist devices market can be segmented based on product type, indication, and end-user. Technological: Technological advancements play a pivotal role in the ventricular assist devices market. Key Takeaways: The global ventricular assist devices market is expected to witness high growth, exhibiting a CAGR of 10. Regionally, North America is the fastest-growing and dominating region in the ventricular assist devices market.

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