Ventricular Assist Device Market Analysis - Key Players are Abiomed, HeartWare International & Berlin Heart - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Ventricular Assist Device Market Analysis by Product (Left, Right, Bi- Ventricular Assist Devices), and Segment Forecasts To 2022" report to their offering.

The global ventricular assist device market is expected to reach USD 1.97 billion by 2022. Key factors attributing to its rapid growth include rising prevalence of cardiovascular disorders coupled with the development of technological advanced products such as miniature device with infection reduction technology.

Furthermore, increasing healthcare expenditure, favorable reimbursement policies and advanced technological facilities, are expected to positively reinforce ventricular assist device market growth over the next seven years.

Ventricular assist device market is segmented on the basis of type of product which includes left ventricular, right ventricular and bi-ventricular assist device. Key factors attributing to rapidly increasing number of patients with end stage heart failure and low availability of therapeutic options are among the key factors attributing to the market growth.

Lack of developed reimbursement policies in underdeveloped economies of Africa and Asia is one of the key factors attributing for low penetration of these device. However, constant economic development, improving healthcare infrastructure and reimbursement policies in countries such as India and China is expected to positively reinforce market growth in next seven years.

In 2014, North America accounted for largest market share of over 55%. Key factors attributing to its large share include presence of advanced healthcare infrastructure, and high level of collaboration between various stakeholders including medical fraternity, medical device industry, regulatory authorities, universities and others.

Companies Profiled:

  • Abiomed
  • HeartWare International
  • Thoratec
  • Berlin Heart
  • Cardiac Assist
  • Jarvik Heart
  • Reliantheart
  • Sun Medical Technology Research

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Industry Outlook

4. Product Outlook

5. Regional Outlook

6. Competitive Landscape

For more information visit http://www.researchandmarkets.com/research/7h9k5f/ventricular

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
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Sector: Cardiovascular Devices

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cardiovascular Devices