DUBLIN--(BUSINESS WIRE)--The "Global Ventricular Assist Devices Market Analysis (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
Ventricular Assist Devices Market is estimated to reach $1.8 billion by 2023, growing at a CAGR of 12% during the forecast period.
Ventricular assist devices are implantable mechanical pumps used in controlling the blood flow from ventricles of heart to the rest of body. These devices replicate the functioning of ventricles and are implanted to the end of heart and to helps the flow of blood from ventricles to the body. These flow pumps could be either pulsatile or continuous, where the continuous flow pump circulates blood continuously, while the pulsatile pump mimics the natural heart pulse.
The major factors that drive the growth of the global ventricular assist devices market are growing patients' pool with heart failures and shortage of heart donors. Additionally, the technically advanced VAD are devices that add to the market growth. Nevertheless, these devices are costly, and also have risks such as blood clots and bleeding, which is expected to limit the market growth significantly.
Based on product, the market report segments the market into Left Ventricular Assist Devices (LVADs), Right Ventricular Assist Devices (RVADs), and Biventricular Assist Devices (BIVADs). Based on Application, the Global Ventricular Assist Devices market segments the market into Bridge-to-transplant (BTT) Therapy, Destination Therapy, Bridge-to-recovery (BTR) Therapy, and Bridge-to-candidacy (BTC) Therapy. Based on Design, the market report segments the market into Transcutaneous Ventricular Assist Devices and Implantable Ventricular Assist Devices.
- Berlin Heart GmbH
- Cardiac Assist, Inc.
- HeartWare International, Inc.
- Jarvik Heart, Inc.
- Reliant Heart, Inc.
- St. Jude Medical, LLC.
- Sun Medical Technology Research Corp.
- Syncardia System, Inc.
- Thoratec Corporation
Key Topics Covered:
1. Market Scope & Methodology
2. Market Overview
3. Global Ventricular Assist Devices Market
4. Global Ventricular Assist Devices Market by Product
5. Global Ventricular Assist Devices Market by Application
6. Global Ventricular Assist Devices Market by Region
7. Company Profiles
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