Global Cardiac Assist Devices Market Growth, Trends, and Forecast 2018-2023 - ResearchAndMarkets.com

The "Global Cardiac Assist Devices Market - Segmented by Product and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global cardiac assist devices market is expected to witness a CAGR of 8.5% during the forecast period (2018-2023). In the segmentation based on products type, ventricular assist devices are expected to dominate the global market.

Increasing Advancements in Technology

The continuously rapid advancements in the assist devices technologies and the novel applications of the existing treatments have led to an increase in the cardiac assist devices. In March 2015, FDA approved the Impella 2.5 System, which helps the patients in maintaining a stable heart function and circulation during certain high-risk percutaneous coronary intervention (HRPCI) procedures. Engineers are also exploring many other innovative solutions which helps in the implant success and is driving the cardiac assist devices market. Hence, the market is dependent upon the large number of innovations for growth.

The cardiac assist devices are highly expensive. The high costs of the devices and the low per capita income in the developing and underdeveloped countries is likely to impede the market of cardiac assist devices in low-income countries. The healthcare facility in these countries is still not well developed and advanced technologies are not affordable for the population owing to the high cost, thereby, restraining the growth of the market.

Companies Mentioned

• ABIOMED INC.
• ABBOTT
• BERLIN HEART GMBH
• BIOHEART INC.
• BIVACOR PTY LTD
• BRAILE BIOMEDICA LTD
• CALON CARDIO-TECHNOLOGY LTD
• CARDIAC ASSIST INC.
• CARDIOBRIDGE GMBH
• CIRCULITE INC.
• CARDIOKINETIX INC

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

7. Market Segmentation

8. Competitive Landscape

9. Key players

10. Future of the market

For more information about this report visit https://www.researchandmarkets.com/research/8zgd6l/global_cardiac?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180425006421/en/