Emergen Research has recently added a new report titled Global Heart Pump Device Market that provides an extensive analysis of the Heart Pump Device market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Heart Pump Device Market.
The global heart pump device market size was USD 450.0 Million in 2021 and is expected to register a rapid revenue CAGR of 21.5% during the forecast period. The global heart pump device market is expected to experience significant growth over the next few years, driven by a growing prevalence of cardiovascular diseases and an aging population. Heart pump devices are mechanical devices that are implanted in the heart to help pump blood, either on a short-term or long-term basis. These devices are typically used in patients who are suffering from heart failure or who are undergoing cardiac surgery.
One of the key drivers of the heart pump device market is the increasing prevalence of cardiovascular diseases, particularly in developed countries. According to the World Health Organization, cardiovascular diseases are the leading cause of death worldwide, accounting for an estimated 31% of all deaths in 2015. This is a major factor contributing to the growth of the heart pump device market, as more and more people require these devices to help manage their conditions.
Another important driver of the heart pump device market is the aging population. As people get older, their risk of developing cardiovascular diseases increases, and this has led to a growing demand for heart pump devices. According to the United Nations, the number of people aged 60 years and older is expected to reach 2.1 billion by 2050, up from 962 million in 2017. This trend is expected to further fuel the growth of the heart pump device market in the coming years.
It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
Medtronic, BD, Abbott, Terumo Medical Corporation, W. L. Gore & Associates, Inc., Getinge AB., MERA, Fresenius Medical Care AG & Co. KGaA, Jarvik Heart, Inc., and Teleflex Incorporated
Report Highlights:
Besides offering a vivid depiction of the global Heart Pump Device business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Regional Landscape section of the Heart Pump Device Market report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Heart Pump Device market expected to boost the growth of the industry in the coming years.
Heart Pump Device Market Segmentation:
Product Type Outlook (Revenue, USD Million; 2019-2030)
Ventricular Assist Devices (VADs)
Intra-Aortic Balloon Pumps (IABPs)
Total Artificial Heart (TAH)
Others
Type Outlook (Revenue, USD Million; 2019-2030)
Extracorporeal pumps
Implantable pumps
Therapy Type Outlook (Revenue, USD Million; 2019-2030)
Competitive analysis of the Heart Pump Device Market
Regional analysis of Global Heart Pump Device Market production and revenue
Regional analysis of Global Heart Pump Device Market supply, consumption, and export & import
Type-based market analysis of global Heart Pump Device production, revenue, and price trends
Application-based analysis of the global Heart Pump Device Market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Heart Pump Device market
Conclusion of the research report
Appendix
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