Ventricular Assist Devices Market Research Report covers the present scenario and the growth prospects of the Ventricular Assist Devices Industry for 2016-2020. Ventricular Assist Devices Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Ventricular Assist Devices globally.
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The Ventricular Assist Devices Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Ventricular Assist Devices Market:
- Berlin Heart
- St. Jude Medical
Other Prominent Vendors of Ventricular Assist Devices Market Are:
- CardiacAssist Technologies
- Jarvik Heart
- Leviticus Cardio
“Focusing on evidence-based research will be a key trend for market growth. Vendors are collaborating with researchers, academics, and research institutes to obtain sufficient clinical evidence data for the approval and commercialization of their products. Vendors also initiate clinical trials and research activities of their pipeline products to obtain their efficacy and safety profile. For instance, Thoratec is enrolling people for the HeartMate III US clinical trial. In December 2014, the company enrolled 50 individuals under the HeartMate III CE Mark trial at 10 sites across Europe, Canada, and Australia. In August 2014, the company enrolled 50 individuals for its HeartMate PHP CE Mark trial at sites in Europe and South America.”
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According to the Ventricular Assist Devices Market report, one of the major key drivers for market growth will be to focus on unmet needs for advanced heart failure. The unmet medical needs of the market present significant opportunities for new and emerging vendors to launch new products and expand their businesses. Many available VADs can cause infections and bleeding, affecting the quality of life. This results in poor patient compliance and leads to low survival rates. In addition, these devices have been unsuccessful in significantly improving the treatment options for advanced heart failure. Vendors also need to develop devices that have prolonged duration of action.
Report also presents Geographical Segmentation analysis of Ventricular Assist Devices Market of Americas, APAC, EMEA region.
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Further, the Ventricular Assist Devices Market report states that product recalls will be a major challenge for the market. Cardiac diseases are the leading cause of death worldwide. Various companies are developing medical devices that help treat these diseases. While developing, companies should emphasize on patient safety to avoid adverse effects. However, many clinical studies have failed to ascertain the complete safety and efficacy of various VADs. These high-risk medical devices can cause adverse events, which has and may lead to their recall from the market.
Key questions answered in Ventricular Assist Devices market report:
- What will the Ventricular Assist Devices market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Ventricular Assist Devices market?
- What are the challenges to Ventricular Assist Devices market growth?
- Who are the key vendors in Ventricular Assist Devices market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 93
Price of Report: $ 2500 (Single User License)
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