(PharmaNewsWire.Com, January 21, 2017 ) According to the report Asia pacific Cardiac Assist Devices Market, published by Market Data Forecast, the market is projected to reach $386.9 Million by 2021, at a CAGR of 7.91% from 2016 to 2021.
The electro-mechanical devices which are used for assisting cardiac circulation which restore the function of heart either partially or completely are the Cardiac assist devices. Cardiac Assist Devices Market are different from the artificial pacemakers as they are prominently used to keep patients alive until a donor heart can be found for transplantation or in particular cases which supporting the heart circulation over a period of years.
Demand for these cardiac assist devices is expected to incline after the launch of novel technologically developed products. Availability of efficient devices, rise in incidences of cardiovascular devices, technological development and incline in aging population. Patients with severe heart problems are unable to get donor hearts due to their shortage; hence the demand for cardiac assist device has increased.
Segmentation by Type: Ventricular assist devices Right ventricular assist device Left ventricular assist device Bi- ventricular assist device External ventricular assist devices Intra-aortic Balloon pumps Total artificial heart By country China Japan India South Korea Australia
Major players in the market are Teleflex Incorporated, Berlin Heart GmbH, Abiomed, Inc., HeartWare International, Jarvik Heart, Inc. and Terumo Corporation. BiVacor Pty Ltd, Braile Biomedica Ltd., Calon Cardio-Technology Ltd., CardiacAssist, Inc., CardioBridge GmbH, Carmat SAS, Cleveland Heart, Inc., CorAssist Cardiovascular Ltd., Evaheart Medical USA, Inc., Leviticus Cardio Ltd., MyoCardioCare, Inc., SynCardia Systems, Inc. and Windmill Cardiovascular Systems, Inc.
Scope of the Cardiac Assist Devices Market Study: Regional and Country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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