Heart transplantation has emerged as a viable therapeutic strategy for some patients with end-stage heart disease by offering them extended survival and improved quality of life. The cardiologist may refer the patient to a heart transplant center if, the patient health is serious and other treatments are not able to improve things or control patient symptoms. In a heart transplant, a surgery is performed to remove a person’s diseased heart and replace it with a healthy heart from a deceased donor. Mostly, it is done on patients who have end-stage heart failure.
Coronary artery disease is the one of the main cause which damages the heart muscle that results in heart failure. There are many diseases which lead to heart failures such as cough-especially at night, poor exercise tolerance, shortness of breath, fatigue, and fluid retention.
According to the registry of the International Society for Heart and Lung Transplantation, approximately 500-600 pediatric heart transplantation procedures are performed globally every year, which represents around 12% of the total number of heart transplants performed. And in 2014, a total number of children heart transplants execute globally was 586. In children, the most often caused of heart failure is occurred owing to a congenital heart defect or a cardiomyopathy.
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The Americas dominate the global heart transplant market owing to well-developed technology, high health care spending, increasing government support for research & development, and increasing patient with coronary artery disease, heart valve disease, and cardiomyopathy. Furthermore, increased R&D activities and the concentration of major companies have fuelled the growth of the market in this region. According to the International Society for Heart and Lung Transplantation in 2016, total heart transplants in the U.S. were performed in patients up to 17 years of age is 444.
Europe holds the second position in the global heart transplantation market owing to the government support for research & development and availability of funds for research. This is expected to continue driving the European market over the forecasted period. For instance, countries like Germany and France are increasing investment in the healthcare domain.
Asia Pacific is the fastest growing health transplantation market owing to the presence of rapidly developing healthcare technology and high healthcare expenditure. Moreover, lower treatment cost as compared to developed countries attract global patients to the countries like India and China market. Furthermore, increasing demand for quality devices in the healthcare is projected to lead to the use of advanced equipment, which, in turn, is likely to increase the growth of the heart transplantation market in the region.
On the other hand, the Middle East and Africa account for the least market owing to poor political conditions in Africa and limited availability of funds and medical facilities. The Middle East holds the major share of the Middle East & Africa region due to the presence of well-developed countries like Kuwait, Qatar, Oman, and South Arabia.
Some of the key players in this market are SynCardia Systems, LLC (U.S.), HeartWare International Inc., Apaxis Medical, Inc., Calon Cardio, Optum Inc. (U.S.), Thoratec Corporation (U.S.), CardiacAssist Inc. (U.S.), CARMAT (France), and others.
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LIST OF TABLES
Table 1 Heart Transplant Industry Synopsis, 2017-2022
Table 2 Global Heart Transplant Market Estimates And Forecast, 2017-2022, (USD Million)
Table 3 Global Heart Transplant Market By Region, 2017-2022, (USD Million)
Table 4 Global Heart Transplant Market By Types, 2017-2022, (USD Million)
Table 5 Global Heart Transplant Market By End Users, 2017-2022, (USD Million)
Table 6 North America Heart Transplant Market By Types, 2017-2022, (USD Million)
Table 7 North America Heart Transplant Market By End Users, 2017-2022, (USD Million)
Table 8 US Heart Transplant Market By Types, 2017-2022, (USD Million)
Table 9 US Heart Transplant Market By End Users, 2017-2022, (USD Million)
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