Cardiac Assist Devices
(CAD) are type of mechanical pumps that work along with the heart to improve
its pumping efficiency and maintain the optimum blood flow throughout the body.
Cardiac Assist Devices can be segmented in three types ventricular assist
devices, intra-aortic balloon pumps (IABPs) and total artificial heart.
Ventricular assist device (VAD) is a mechanical pump which takes blood from a
lower chamber of the heart and pumps it to the body and vital organs.
Ventricular devices are of two types right ventricular assist device (RVAD),
left ventricular assist device (LVAD) and if both the ventricular assist
devices are used they’re known as biventricular assist device (BIVAD).
Intra-aortic balloon pump is a type of CAD device which increases myocardial
oxygen perfusion and cardiac output at the same time. Total artificial heart is
a device which replaces the lower chambers of heart and recovers failing heart
by performing all functions of a normal heart.
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Cardiac assist devices
market is expected to be driven by global aging population and increase in
cardiovascular diseases. A another factor responsible for market growth of this
market is lack of donor hearts for transplantation leading to increase in
cardiac assist devices implantations in patients with severe heart
complications. In future technological advancements and more efficient and
minimally invasive devices are expected to drive the market.
North America is the
leading markets for Cardiac Assist Devices (CAD) because of highest heart
failure cases diagnosed, technological development, high patient awareness and
reimbursement coverage for CAD implantation procedures. Europe is the second
largest market following North Amercia with second largest highest prevalence
for cardiac diseases and increase in population exceeding 60 - 65 years of age
group. Asia Pacific and Rest of the World are the regions including China,
India, Brazil, Russia and South Africa has significantly large number of
underserved patients suffering with cardiac diseases hence represented as
future attractive markets for CAD.
Some of the key players
of Cardiac Assist Devices (CAD) market are Berlin Herat GmbH, ABIOMED, Inc.,
MAQUET GmbH & Co. KG, Thoratec Corporation, Teleflex Incorporated,
HeartWare International, Inc. and SynCardia Systems, Inc.
This research report
analyzes this market depending on its market segments, major geographies, and
current market trends.
Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
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- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
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