Heart Pump Device Market: From Research to Real-World Applications | Emergen Research

Global Heart Pump Device Market Size and Revenue Forecasts

The report on the Global Heart Pump Device Market initially offers an in-depth overview of the Heart Pump Device Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.

The global heart pump device market size was USD 450.0 Million in 2021 and is expected to register a rapid revenue CAGR of 21.5% during the forecast period. The global heart pump device market is expected to experience significant growth over the next few years, driven by a growing prevalence of cardiovascular diseases and an aging population. Heart pump devices are mechanical devices that are implanted in the heart to help pump blood, either on a short-term or long-term basis. These devices are typically used in patients who are suffering from heart failure or who are undergoing cardiac surgery.

One of the key drivers of the heart pump device market is the increasing prevalence of cardiovascular diseases, particularly in developed countries. According to the World Health Organization, cardiovascular diseases are the leading cause of death worldwide, accounting for an estimated 31% of all deaths in 2015. This is a major factor contributing to the growth of the heart pump device market, as more and more people require these devices to help manage their conditions.

Another important driver of the heart pump device market is the aging population. As people get older, their risk of developing cardiovascular diseases increases, and this has led to a growing demand for heart pump devices. According to the United Nations, the number of people aged 60 years and older is expected to reach 2.1 billion by 2050, up from 962 million in 2017. This trend is expected to further fuel the growth of the heart pump device market in the coming years.

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The report highlights the current impact of COVID-19 on the Heart Pump Device market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Heart Pump Device according to the impact of COVID-19.

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Heart Pump Device market expected to boost the growth of the industry in the coming years.

Heart Pump Device Market Segmentation:

Product Type Outlook (Revenue, USD Million; 2019-2030)

Ventricular Assist Devices (VADs)

Intra-Aortic Balloon Pumps (IABPs)

Total Artificial Heart (TAH)

Others

Type Outlook (Revenue, USD Million; 2019-2030)

Extracorporeal pumps

Implantable pumps

Therapy Type Outlook (Revenue, USD Million; 2019-2030)

Bridge-To-Transplant (BTT)

Bridge-To-Candidacy (BTC)

Destination Therapy (DT)

Other therapies

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Heart Pump Device market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Medtronic, BD, Abbott, Terumo Medical Corporation, W. L. Gore & Associates, Inc., Getinge AB., MERA, Fresenius Medical Care AG & Co. KGaA, Jarvik Heart, Inc., and Teleflex Incorporated

Regional Landscape section of the Heart Pump Device report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Answered in the Report:

Who are the prominent distributors, vendors, and manufacturers of the market?

What are the driving and restraining factors of the growth of the Heart Pump Device market throughout the forecast period?

What are the current and future market trends of the Heart Pump Device market?

What are the sales and price analysis of the product by types, applications, and regions?

What are the expected opportunities for the companies and new entrants in the coming years?

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Highlights of Table of Contents (TOC):

Overview of Global Heart Pump Device Market

Competitive analysis of the Heart Pump Device market

Regional analysis of Global Heart Pump Device market production and revenue

Regional analysis of Global Heart Pump Device market supply, consumption, and export & import

Type-based market analysis of global Heart Pump Device production, revenue, and price trends

Application-based analysis of the global Heart Pump Device market

Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Heart Pump Device market

Conclusion of the research report

Appendix

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