As a donor heart is being transported from the point of harvest to the point of transplantation, it must be kept alive and well during the journey. Due to its perishable nature, the heart can only be transported in an ice box for about 4 hours. Organ Transport Systems’ state-of-the-art LifeCradle transport device can maintain a beating heart for up to 12 hours throughout travel.
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The Global Heart Transport System – Market Dynamics
The global heart transport systems market is expanding rapidly as a result of a number of factors, including the rising incidence of cardiovascular disorders that necessitate heart transplant procedures and government initiatives in funding research and development in heart transplant surgeries. In 2014, approximately 586 heart transplant procedures were conducted worldwide, as reported by The International Society for Heart and Lung Transplantation. Demand for heart transplants rises in tandem with rising rates of stress, sedentary lifestyles, unhealthy diets, and congenital heart abnormalities. The demand for heart transport systems increases as a result.
The Global Heart Transport Systems Market – Regional Insights
Due to rising rates of coronary artery disease, heart failure, and cardiomyopathy, North America held the highest share of the worldwide heart transport systems market in 2017. The United States Pediatric Cardiomyopathy Registry has an annual incidence of 1.13 per 10,000 children and adolescents under the age of 18 in the country. Due to rising investments in cardiovascular transportation system research and development, Europe held the second highest share of the market in terms of revenue. The rising elderly population in Asia and the Pacific is a major factor in the region’s high rate of cardiovascular disease, making it the most promising market for expansion. For instance, in 2018, 7 out of 10 deaths are predicted to be caused by cardiovascular disorders by 2020, according to a paper published in Asia Pacific Journal.
The Global Heart Transport System Market – Competitive Landscape
Paragonix Technologies, Inc., Organ Transport Systems, Pulse Heart Transportation System, and others are all major players in the worldwide heart transport systems market. Market leaders are concentrating on introducing innovative heart transport systems to increase their market share. For instance, Paragonix Technologies’ Paragonix Sherp, a cardiac transport system, was granted FDA clearance in December 2018.
Global Heart Transport System Market Taxonomy
Based on disease indication, the market for heart transport systems worldwide is divided into:
- Heart Failure
- Coronary Heart Disease
- Congenital Heart Defect
Based on end user, the market for heart transport systems worldwide is divided into:
- Research centers
- Cardiac centers
Based on geography, the market for heart transport systems worldwide is divided into:
- North America
- Latin America
- Asia Pacific
- Middle East
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𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐓𝐨 𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
➼ In-depth analysis of the market on the global and regional levels.
➼ Major changes in market dynamics and competitive landscape.
➼ Segmentation on the basis of type, application, geography and others.
➼ Historical and future market research in terms of size, share growth, volume, and sales.
➼ Major changes and assessment in market dynamics and developments.
➼ Emerging key segments and regions
➼ Key business strategies by major market players and their key methods.
Table of Contents with Major Points:
- Key Findings
- Definitions and Assumptions
- Definition of Heart Transport Systems Market Market
- Market Dynamics
- Trends and Developments
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Heart Transport Systems Market Market
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
- Data Sources
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