Albany, NY (PRWEB) October 20, 2014
LVAD, Left Ventricular Assist Device, is a mechanical device that circulates blood throughout the body when the heart is too weak to pump blood on its own. They are used in the bridge-to-transplantation (BTT), destination therapy (DT) and bridge to recovery. With the existing conventional therapies and other invasive therapies that provide only symptomatic benefits to patients, LVAD is a key potential area of focus for researchers and various manufacturers at present. The cost-effectiveness and increased insurance reimbursement conditions are likely to increase the demand for LVADs in the future.
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The LVAD companies compete with each other on the basis of substantially greater or broader financial base of the company, product development, sales and marketing resources and experience. Products in this market mainly compete on the basis of product safety, compliance with the prevailing regulations as well as efficiency as a treatment for congestive heart failure as compared to other devices and other treatments. Furthermore, the high prevalence of heart failure coupled with the limited availability of heart donors, aging baby-boomer population, and new and improved technologies is likely to contribute to the market growth.
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The key factors driving growth of the global LVAD industry include rising diabetic population, increasingly ageing population with heart disorder and escalating healthcare expenditure. Also, growing bridge-to-transplant, which help patients to survive until a donor heart becomes available for transplant, is a major driver for LVAD market. Some of the noteworthy developments of this industry include reimbursement trends and expansion in the number of LVAD centers. However, the growth of respective industry is hindered by the barrier for destination therapy adoption and safety issues.
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This report offers a comprehensive analysis of the worldwide LVAD market, along with an in-depth study of the US market. The competition in the respective market is intense with two large players viz Thoratec Corporation and Heartware Holdings, among others. The competitive landscape of the global LVAD markets, along with the company profiles of the leading players are also discussed in detail.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Medical Polymers (Resins And Fibers (PVC, PP, PE And PS), Elastomers (SBC And Rubber Latex), And Biodegradable Plastics) Market For Devices, Equipment, Packaging And Other Applications - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2014 - 2020
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The medical polymers market comprises resins and fibers, elastomers and biodegradable plastics that are used in various healthcare applications such as equipment and devices, packaging and tissue engineering. Polyvinyl chloride, polypropylene, polystyrene and polyethylene are the commonly used fibers and resins in the medical industry. Thermoplastic elastomers and rubber latex make up the elastomers segment of the medical polymers market. Biodegradable plastics such as PLA and PEEK are used increasingly due to stringent regulations by authorities such as the Food and Drug Administration (FDA). Growth in emerging economies of Asia Pacific in the medical polymers market is another important factor that is likely to boost product sales over the next few years.
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Medical polymers are used in the manufacture of devices and equipment in the medical & healthcare segment. Polymers such as polyethylene are used in medical packaging, while polyether ether ketone (PEEK) is used in tissue engineering. Demand for these materials is high in the medical polymers market.
The report on medical polymers market has been segmented into various chapters. Under each chapter, we have tackled a different aspect of the market and analyzed various parameters. Preface provides a brief diagrammatic representation on the segmentation of the medical polymers market. Additionally, the chapter offers a detailed description of the methodology used for research along with scope and assumptions used in estimating and analyzing the future market growth.
Global Home Healthcare Market (By Device Types: Diagnostics And Monitoring Devices, Therapeutic Home Healthcare Devices, Mobility Assist Devices And Medical Supplies; By Services: Rehabilitation, Telehealth And Telemedicine, Respiratory Therapy, Infusion Therapy And Unskilled Home Healthcare Services) - Industry Analysis, Size, Share, Growth, Trends And Forecast, 2014 - 2020
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The home healthcare market involves wide range of medical devices and services that help patients to treat or diagnose a variety of chronic diseases. These devices and services play an important role in providing cost-effective health care to the patients. Home healthcare promises lucrative business opportunities due to increased acceptance of home healthcare, technological advancements and cost-effective alternatives compared to other modalities (i.e. hospital visits). Factors such as aging population and increasing number of people diagnosed with chronic diseases such as diabetes, cardiac disorders and respiratory diseases drive the growth of the home healthcare market globally.
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According to the World Health Organization (WHO), the number of people aged 65 years and above is expected to increase from 605 million to 2 billion by 2050. In addition, home healthcare services are still at a nascent stage in developing regions such as India and Latin America and witnessing high growth rate during the forecast period. These factors would fuel the demand for home healthcare during the study period, and hence boost market growth. However, high cost coupled with reimbursement issues related to home healthcare services and devices would restrain market growth.
Ultrasound Devices Market (By Product Type - Cart/Trolley Based Ultrasound Devices And Compact Ultrasound Devices, By Technology - 2-D, 3-D & 4-D, Doppler, HIFU And Lithotripsy And By Application - Obstetrics And Gynecology, Cardiovascular, Abdominal And Others) - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019
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Ultrasound devices enable physicians to image internal organs of patient’s body in order to diagnose diseases and also these devices help surgeons by guiding movement of surgical instruments while performing surgeries. This report studies the global ultrasound devices market based on various parameters such as product type, technologies, applications and the major geographic markets. The global ultrasound devices market, based on the product type has been segmented as: cart/trolley based ultrasound devices and compact ultrasound devices. On the basis of technology, the global market has been segmented as: 2-D imaging, 3-D & 4-D imaging, Doppler imaging, high intensity frequency ultrasound (HIFU) imaging and lithotripsy imaging. Based on various application areas, the market has been segmented as: obstetrics and gynecology (OBY/GYN), abdominal, cardiovascular and others.
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Geographically, the report studies the global market for ultrasound devices, with respect to four main regions, namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts in terms of revenue (USD million) for the period 2011 to 2019, considering 2012 as the base year, have been provided for each of the aforementioned segments and sub-segments. Also, the report provide market size and forecasts by volume (number of units) for each segment and sub-segment for the period 2011 to 2019, considering 2012 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2013 to 2019 for all the segments and sub-segments.
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