The Global Heart Transplant Market is expecting a leap by 11.2% CAGR during the forecast period (2019-2023), reveals Market Research Future (MRFR).
The heart transplant market is gaining mileage as technological advancements are making way for more successful cases of a heart transplant. The process includes a surgery that replaces a diseased heart with a healthy one from a deceased donor. It extends the lifespan of the patient and improves the quality of life. A fittingfollow up care can ensure better the chance of survival. Primarily triggered by coronary artery disease, heart valve disease, congenital heart defects, and amyloidosis, a heart transplant is fast-becoming a solution preferred by both physicians and patients.
The report published encompasses segmental analysis, market factors, and expert inputs for a better understanding of the heart transplant market in the future. Technological advancement in both surgery and storage of heart can be considered asignificant market driver. At the same time, government initiatives regarding the procedure are commendable. The assistance comes in the form of safe transportation and investment in technological upgradation. However, the primary factor is always the ailing condition of the heart caused by environmental and health-related issues.
Despite such factors providing a tailwind to the heart transplant market, the heart transplant market can get bogged down by the high expenses attached to it. Availability of the heart is also an issue which can put a leash on the heart transplant market.
Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/1836
Increasing healthcare expenditure, in conjunction with technological developments, has led to the growth of the heart transplant market. It is forecasted to exhibit similar growth pattern in the years to come. However, the high cost of the treatment remains an impediment to market growth.
Companies impacting the heart transplant market are HeartWareInternational Inc.(U.S.), Optum Inc. (U.S.), Apaxis Medical, Inc.(U.S.), Calon Cardio (U.K.), SynCardia Systems, LLC (U.S.), Thoratec Corporation (U.S.), CARMAT (France) CardiacAssist Inc. (U.S.), and others.
Industry Related News:
In May 2019, Pfizer, an American multinational pharmaceutical corporation, has received approval from the U.S. Food and Drug Administration (FDA) for Vyndamax (tafamidis) and Vyndaqel (tafamidis meglumine) that can be used for the treatment of cardiomyopathy or hereditary transthyretin-mediated amyloidosis that can lead to heart failure.
March 9, 2018 – CareDx, Inc. (US), a molecular diagnostics company focused on the discovery, development, and commercialization of clinically differentiated, high-value diagnostic solutions for transplant patients launched Heartcare, a comprehensive diagnostic solution for surveillance of heart transplant patients, combining AlloMap with AlloSure-Heart.
Heart Transplant Market – Segmentation
The global heart transplant market can be segmented by type and end-user.
Based on the type, the heart transplant marketcan be segmented into ventricular assist devices, total artificial hearts, and others. Artificial hearts segment is getting traction as the availability of natural heart is rare and technological development is also promoting the segment.
Based on the end-user, it heart transplant marketincludes the hospital, cardiac institute,and others.
Heart Transplant Market – Competitive Analysis
The well-established players operating in the highly competitive global market for heart transplant incorporate strategies such as collaboration, acquisition, partnership, technology launch, and expansion, in order to gain the competitive edge in this market.
They also invest substantial funds in R&D and clinical trials to develop effective heart transplant program which is comprehensive, advanced and state-of-the-art. Some hospitals strive to provide tailor-made transplant surgeries based on the ailments, age, and other complications. With advanced diagnostics, and comprehensive rehabilitation schedule these hospitals ensure that patients have access to the best care at every stage of the transplant journey.
Heart Transplant Market – Regional Analysis
Region-specific analysis of the heart transplant market revolves around the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas has the edge over the rest owing to their technological brilliance, high health care expenditure, increasing government support for research & development, and better healthcare policies to support the surgical procedure. The U.S. is contributing significantly to the regional market.
Europe’s second position can be considered a result of the government support for research & development. Countries such as Germany, the U.K.,and France are substantially contributing in the regional market by increasing their investment in the healthcare domain.
The APAC is the fastest growing market in the transplantation sector. The credit goes to the evolving healthcare technology and rising healthcare expenditure with substantial investment in policies. Furthermore, the region is drawing in global patients by offering lower investment plans. At the same time, increasing demand for superior technology can boost the regional market assertively.
The MEA market, on the other hand, can expect some setbacks owing to the presence of poor economies with under-developed healthcare infrastructure. The Middle East region has several economically strong countries such as Saudi Arabia, Qatar, Dubai, and others who are revamping their healthcare system which can assist in fetching more revenue for the regional market.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
Get Prime Discount on Report @ https://www.marketresearchfuture.com/check-discount/1836
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Statistical Report, Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
Hadapsar, Pune – 411028
Phone: +1 646 845 9312