Orbis Research Present’s Global Ventricular Assist Devices Market-Growth, Trends and Forecasts (2017-2022)
A cardiac assist device (CAD) is a mechanical pump that’s used to support heart function and blood flow in people who have weakened hearts. The device takes blood from a lower chamber of the heart and helps pump it to the body and vital organs, just as a healthy heart would. Many internal cardiac devices have monitoring features and software so that doctor or nurse can monitor not only your heart rhythm, but also your heart function and activity level. Ventricular assist device (VAD) is a mechanical pump which takes blood from a lower chamber of the heart and pumps it to the body and vital organs. Ventricular devices are of two types right ventricular assist device (RVAD), left ventricular assist device (LVAD) and if both the ventricular assist devices are used they’re known as biventricular assist device (BIVAD).
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The maximum growth of Cardiac Assist Devices is being generated from the Ventricular Assist Devices (VAD) market. United States is the largest market for the Ventricular Assist Devices. The market is expected to be driven by increasing rates of cardiovascular diseases and the aging population. The shortage of donor hearts for transplantation is also leading to an increase in adoption of ventricular assist devices in patients with end-stage heart failure. Technological advancements that make the devices more efficient and minimally invasive are expected to further drive the demand for cardiac assist devices in the future. The market is segmented according to types of devices and geography (North America, Europe, Asia Pacific and Rest of the World).
Advancements in cardiac disease prevention technology, Increase in aging population and increasing prevalence in cardiovascular disease are some of the factors augmenting the growth of the ventricular assist devices market.
Expensive Instruments and maintenance and stringent regulatory policies are hindering the growth of the market.
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What the report offers
1)Market Definition for the specified topic along with identification of key drivers and restraints for the market.
2)Market analysis for the Global Ventricular Assist Devices Market, with region specific assessments and competition analysis on a global and regional scale.
3)Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
4)Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
5)Identification and analysis of the Macro and Micro factors that affect the Global Ventricular Assist Devices Market on both global and regional scale.
6)A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
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