Ventricular Assist Devices Market – Market Growth, Future Prospects, Competitive Analysis, 2017 – 2025, the global ventricular assist devices market was valued at US$ 1,036.08 Mn in 2016, and is expected to reach US$ 2,323.41 Mn by 2025 expanding at a CAGR of 8.85% from 2017 to 2025.
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According to the World Health Organization, approximately 17.7 million people died from cardiovascular complications in 2015, which represents 31% of all global deaths. Among these deaths, 7.4 million occurred due to coronary heart disease and 6.7 million due to stroke. Most of the cardiovascular diseases can be prevented by addressing behavioral risk factors such as tobacco use, unhealthy diet, obesity, physical inactivity and alcohol abuse, using population wide strategies.
The ventricular assist device market is technologically driven and includes major players such as St. Jude Medical, LLC. HeartWare International, Inc., Reliant Heart, Thoratec Corporation, Abiomed, Berlin Heart, Inc., Cardiac Assist, Inc., Jarvik Heart, Inc., Sun Medical Technology Research Corp., Syncardia System, Inc. etc.
Key Market Movements:
– Rising prevalence of cardiovascular complications
– Constrained number of heart donors for heart transplant procedures
– Supportive regulatory approval for ventricular assist device products
– Higher disposable incomes in developing countries and rampant growth of primary healthcare centers performing cardiovascular surgical procedures
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Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.5. Approach Adopted
Chapter 2. Executive Summary
2.1. Global Ventricular Assist Devices Market Portraiture
2.1.1. Global Ventricular Assist Devices Market, by Type, 2016
2.1.2. Global Ventricular Assist Devices Market, by Application, 2016
2.1.3. Global Ventricular Assist Devices Market, by Geography, 2016
Chapter 3. Ventricular Assist Devices Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Prevalence Data of Major Target Diseases (Coronary Artery Disease, Cardiomyopathy)
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