A cardiac assist device is a mechanical pump that’s used to support heart function and blood flow in people who have weakened hearts.
A cardiac assist device is a mechanical pump that’s used to support heart function and blood flow in people who have weakened hearts. The device takes blood from a lower chamber of the heart and helps pump it to the body and vital organs, just as a healthy heart would. Such devices may replace the heart partially or completely.
- Based on product, the global Cardiac Assist Devices market is segmented into total artificial heart, intra-aortic balloon pumps (iabps), and ventricular assist devices
- Based the basis of modality, the market is segmented into access transcutaneous and implantable.
- Based the basis of end user, the market is segmented into hospital pharmacies, ambulatory surgical centre and others.
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Cardiac Assist Devices Market: Competitive Landscape and Key Development
- Thoratec Corporation
- MAQUET GmbH & Co.
- Teleflex Incorporated
- Heart Ware International
- Berlin Heart
- ABIOMED
- SynCardia Systems
- Abbott
- Medtronic
- Terumo Corporation
Drivers-
- Aging population and increase in cardiovascular diseases.
- Lack of donor hearts for transplantation leading to increase in cardiac assist devices implantations in patients with severe heart complications.
- Various technological developments in the healthcare industry in Asia Pacific and Europe
Restraints-
- High-cost devices for advanced heart failure
IMPACT OF COVID-19 ON CARDIAC ASSIST DEVICES MARKET
Covid-19 has upended industries, markets, and businesses all around the world, with a particularly profound impact on the medical equipment industry. While the pandemic’s impact on many sectors has been primarily negative, the medical industry has seen ups and downs during the crisis.
Massive increases in demand for vital items of equipment such as PPE (personal protective equipment), ventilators, and testing kits, combined with consequent shortages, have motivated manufacturers to do everything necessary to meet the ever-increasing needs of healthcare providers.
As other industries grind to a halt, those in the industry have been forced to uproot many of their traditional supply networks, while global lockdown restrictions have affected the way the majority of firms operate on a daily basis.
However, because tackling Covid-19 would necessitate the combined efforts of the whole healthcare community, several non-essential industries and device markets have been forced to take a back seat
The report specifically highlights the Cardiac Assist Devices market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.
The report specifically highlights the Cardiac Assist Devices market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.
To comprehend global Cardiac Assist Devices market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)
Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology
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