Ventricular assist device market is expected to rise to an estimated value of USD 2498.37 million by 2026, registering a CAGR of 11.45% in the forecast period of 2019-2026. Increasing incidences of heart failure and less number of heart donors is the major factor for the growth of this market.
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The global ventricular assist device market report defines CAGR value fluctuation during the forecast period of 2020-2026 for the market. The market report also contains the drivers and restraints for the ventricular assist device market that are obtained with the help of SWOT analysis, and also shows all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands with their systemic company profiles, that are driving the market. It is the most appropriate, rational and admirable market research report provided with a devotion and comprehension of business needs. ventricular assist device is the most promising market research report which has been structured in the way anticipated.
Few of the major competitors currently working in the global ventricular assist device market are Abbott, ABIOMED., Berlin Heart, BiVACOR Inc., CardiacAssist, Inc, Evaheart, Inc., Jarvik Heart, Inc., Medtronic, Terumo Corporation, ReliantHeart Inc., Calon Cardio, LivaNova PLC, HeartWare, Thoratec Corporation, Getinge AB, SynCardia Systems, LLC., CHF Solutions, Inc., Cardiobridge GmbH among others.
Rising awareness about the heart failure treatment among population is driving the growth of this market
Technological advancement and development also boosts the market growth
Rising geriatric population can also act as a market driver
Increasing cardiovascular diseases is another factor driving the growth of this market
High cost of the devices is restraining the market growth
High risk related to the procedures can also act as a restricting factor for the growth of this market
Strict rules and regulation is restraining the growth of this market
Segmentation: Global Ventricular Assist Device Market
Left Ventricular Assist Devices
Right Ventricular Assist Devices
Biventricular Assist Devices
Bridge-to-transplant (BTT) Therapy
Bridge-to-recovery (BTR) Therapy
Bridge-to-candidacy (BTC) Therapy
Transcutaneous Ventricular Assist Devices
Implantable Ventricular Assist Devices
By End- Users
Home Care Setups
Middle East & Africa
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