Cardiac Assist Devices Market – Global Industry Trends and Forecast to 2027


Posted October 10, 2021 by AakeshReddy

whipsmartmi.com offers a new market report on “Cardiac Assist Devices Market” that identifies growth, opportunities, latest trends and key players

 
Cardiac Assist Devices Market is projected to grow up to USD 47 billion by 2027 growing at a CAGR of 12% during the forecasting period 2021-2027.
Cardiac assist devices (CAD), also known as Ventricular Assist Devices (VAD), Total Artificial Cardiac (TAH), and Intra-Aortic Balloon Pump (IABP), are used to treat a variety of heart problems, including end-stage heart failure, refractory angina pectoris, post-cardiopulmonary bypass shock, myocardial infarction, myocarditis, and others. VSD is a mechanical pump that assists the heart in pumping oxygenated blood to the rest of the body by lowering the burden of the left or right ventricles.
The cardiac assist devices market is driven by the increasing prevalence of cardiovascular diseases, the availability of novel treatments, the affordability of medical devices, the widespread use and acceptance of cardiac assist devices in developing markets, and medical device innovation and development. Furthermore, the world's ageing population and a scarcity of organ donors are increasing the use of cardiac assist devices in patients with severe heart problems. However, stiff rivalry among existing companies, complications and harshness of treatment, and a lack of knowledge among the rural population in developing and underdeveloped economies are anticipated to constrain the cardiac assist devices market
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The Cardiac Assist Devices Market report has been categorized as below
By Product
Ventricular assist devices
Intra-aortic balloon pumps (IABPs)
Total artificial heart
By Modality
Transcutaneous
Implantable
By Application
Bridge-to-transplant (BTT) therapy
Destination therapy
Bridge-to-recovery (BTR) therapy
Bridge-to-candidacy (BTC) therapy
By Region
North America
Europe
Asia Pacific
Rest of World
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Last Updated October 10, 2021