Ventricular Assist Devices (VAD) Market to Grow at 12.04% CAGR by 2019 Says a New Research Report at ReportsnReports.com
Dallas, Texa (PRWEB) February 04, 2015 -- Ventricular Assist Devices (VAD) is a mechanical heart/ ventricular - assist pump which helps weak ventricular of the heart to pump blood. One of the major trends emerging in Ventricular Assist Devices (VAD) market is the increase in use of VADs for bridge to transplant therapy. Certain approved VADs for Bridge-to-Transplant (BTT) therapy are available in the market, including HeartMate II LVAS, Thoratec PVAD, and LVAD by Thoratec. In next next several years, additional advances in technology will lead fully implantable version of a ventricular assist device to be in clinical trials.
Analysts forecast the Global Ventricular Assist Devices market to grow at a CAGR of 12.04% over the period 2014-2019. According to the report, one of the major factors driving the market growth is the shortage of donor hearts for transplantation. Therefore, to increase their survival rate, patients are implanted with VADs. For instance, each year about 6,000-8,000 Americans are told they need new hearts to survive, but only about 2,500 hearts are available for transplantation. Benefits awareness of VADs in and by physicians will help them suggest advanced heart failure patients for further evaluation to transplant centers. This, in turn, will enable patients to receive life-saving treatment options.
The ventricular assist devices have overtime become compact and more efficient with increased durability batteries that have helped improve quality of devices’ life.
The report recognizes the following companies as the key players in the Global VAD Market: Abiomed Corp., HeartWare International Inc. and Thoratec Corp.
Other Prominent Vendors in the market are: Berlin Heart, Cardiac Assist, Jarvik Heart, ReliantHeart and Sun Medical Technology Research
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Further, the report states that one of the main challenges in the market is the presence of alternative treatments to reduce acute heart failure symptoms or improve cardiac output. TAHs, IABPs, and pacemakers are devices that can substitute for VADs.
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global Ventricular Assist Device Market 2014-2019 (US$ million)
Exhibit 3: Global VAD Market Segmentation by Product
Exhibit 4: Global VAD Market Segmentation by Product
Exhibit 5: Global LVAD Market 2014-2019 (US$ million)
Exhibit 6: Global BiVAD Market 2014-2019 (US$ million)
Exhibit 7: Global RVAD Market 2014-2019 (US$ million)
Exhibit 8: Global VAD Market Segmentation by Product 2014-2019
Exhibit 9: Global VAD Market Segmentation by Application
Exhibit 10: Global VAD Market Segmentation by Application 2014
Exhibit 11: Global VAD Market by Geographical Segmentation 2014
Exhibit 12: VAD Market in the Americas 2014-2019 (US$ million)
Exhibit 13: VAD Market in the EMEA Region 2014-2019 (US$ million)
Exhibit 14: VAD Market in the APAC Region 2014-2019 (US$ million)
Exhibit 15: Global VAD Market by Geographical Segmentation 2014-2019
Exhibit 16: Snapshot of Pipeline for VAD
Exhibit 17: Global VAD Market by Vendor Share 2014
Exhibit 18: HeartWare: Product Segmentation
Exhibit 19: HeartWare: Geographical Segmentation by Revenue 2013
Exhibit 20: ABIOMED: Segmentation by Revenue 2014
Exhibit 21: ABIOMED: Segmentation by Revenue 2013 and 2014 (US$ million)
Exhibit 22: ABIOMED: Geographical Presence
Exhibit 23: Thoratec: Product Segmentation by Revenue 2013
Exhibit 24: Thoratec: Product Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 25: Thoratec: Geographical Segmentation by Revenue 2013
Other Report on Medical Devices Market:
Global Refurbished Medical Equipment Market 2015-2019: Analysts forecast the Global Refurbished Medical Equipment market to grow at a CAGR of 7.00% over the period 2014-2019.
Key Vendors: GE Healthcare, Siemens Healthcare, Philips Healthcare, Toshiba Medical Systems
Other Prominent Vendors: Biodirect, Devon Medical Equipment, Everx, Johnson & Johnson, Oxford Instruments, Radiology Oncology Systems, Radmedical, Reliant Medical Services, Stryker, Ultra Solutions, Unisyn Medical Technologies and Ziehm Imaging.
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Ritesh Tiwari, Reportsnreports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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