Global LVAD Market Report 2014 Edition Now Available at MarketReportsOnline.com
Dallas, Texas (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 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.
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.
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.
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.
Purchase a copy of this report @ http://www.marketreportsonline.com/contacts/purchase.php?name=369139.
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.
List of Tables
Stages of Heart Failure by AHA and ACC
NYHA Classification of Heart Failure
Global LVAD Market – by Application Area & Company (2009-2013)
US LVAD Market - by Volume (2010-2014E)
CPT Codes for VAD Implantation
Product Comparison in LVAD Market
Dependent & Independent Variables (2008–2013)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output
List of Charts
Other Related Reports on Medical Devices Market:
Latest Guidebook for Conducting Medical Device Clinical Evaluation and Clinical Trial in China: From Regulations to Practices (2014 Edition) @ http://www.marketreportsonline.com/360153.html.
Global Robotic Surgery Market Report: 2014 Edition @ http://www.marketreportsonline.com/358476.html.
Global Endoscopy Market Report: 2014 Edition @ http://www.marketreportsonline.com/322284.html.
Global Extremities Market Report: 2013 Edition @ http://www.marketreportsonline.com/315262.html.
About Us:
MarketReportsOnline.com is an online database of regional industry research reports, company profiles and SWOT analysis studies for multiple industries, organizations and market segments. Our sales and research experts offer 24 X 7 support to our customers through phone and email communication. Not limited to the medical devices market, MarketReportsOnline.com offers research studies on pharmaceuticals, chemicals, agriculture, environment, biotechnology, agriculture, retail, food and beverages, it & telecommunication market, semiconductor and electronics, advanced materials, banking and financial services, mining & utilities, consumer goods, travel & hospitality, healthcare and much more.
Ritesh Tiwari, Market Reports Online, http://www.marketreportsonline.com, +1 (888) 391-5441, [email protected]
Share this article