Global prosthetic heart valve/ artificial heart valve market accounted to USD 4.53 billion in 2016 growing at a CAGR of 12.70% during the forecast period of 2017 to 2024

Pune, India -- (SBWire) -- 08/08/2018 --Heart Pump Device Market report provides the statistical analysis of "Global Heart Pump Device Market: Global Industry Analysis, Size, Share, Growth, Trends, Outlook and Forecasts" present in the industry space. The report helps the user to strengthen decisive power to plan their strategic moves to launch or expand their businesses by offering them a clear picture of this market. The Heart Pump Device industry value and volume prognosis are also served in the report. The report also includes the absolute growth revenue value of the Heart Pump Device market across the globe over the forecast period 2018-2025.

The Global Heart Pump Device Market is expected to reach USD 6.22 billion by 2025, from USD 1.57 billion in 2017 growing at a CAGR of 18.8% during the forecast period of 2018 to 2025.

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Some of the major players operating in the global heart pump device market are

Abbott Laboratories,

Abiomed,

Medtronic,

Getinge,

Syncardia Systems,

Teleflex, Reliantheart, Terumo Europe NV, Berlin Heart, Jarvik Heart, Cardiacassist, Thoratec Corporation, Jarvik Heart, Inc., HeartWare International Inc.,Berlin Heart GmbH, and Getinge AB and Fresenius Medical Care and Syncardia Systems among others.

Competitive Analysis

The global heart pump device market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of heart pump device market for global, Europe, North America, Asia Pacific and South America.

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Market Segmentation

The global heart pump device market is segmented based on product type, end user, application, distribution channel and geographical segments.

Based on product, the market is segmented into

- ventricular assist devices (VADs),

- intra-aortic balloon pumps (IABPs) and t

- otal artificial heart (TAH)

The ventricular assist devices (VADs) segment is further sub-segmented into left ventricular assist devices (LVADs), right ventricular assist devices (RVADs), Bi-ventricular assist devices (BiVADs) and percutaneous ventricular assist devices (pVADs).

On the basis of type, the market is classified into

- implantable heart pump devices and

- extracorporeal heart pump devices

On the basis of therapy, the market is segmented into

- bridge-to-transplant (BTT),

- bridge-to-candidacy (BTC),

- destination therapy (DT) and other therapies

Based on geography, the market report covers data points for 28 countries across multiple geographies namely

- North America & South America,

- Europe,

- Asia-Pacific and,

- Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

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Global Heart Pump Device Market, By Product (Ventricular Assist Devices (VADs), Intra-aortic Balloon Pumps (IABPs), Total Artificial Heart (TAH)), By Type (Implantable Heart Pump Devices, Extracorporeal Heart Pump Devices), By Therapy (Bridge-to-transplant (BTT), Bridge-to-candidacy (BTC), Destination Therapy (DT), Other Therapies),  By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025

Reasons to Purchase this Report

- Current and future of global heart pump device market outlook in the developed and emerging markets

- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

- Regions/countries that are expected to witness the fastest growth rates during the forecast period

- The latest developments, market shares and strategies that are employed by the major market players

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Global Prosthetic Heart Valve Market Analysis:

The global prosthetic heart valve/ artificial heart valve market accounted to USD 4.53 billion in 2016 growing at a CAGR of 12.70% during the forecast period of 2017 to 2024.e upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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