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Cardiac Assist Devices Market Value, Segments and Growth 2015-2025

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Cardiac Assist Devices (CAD) are type of mechanical pumps that work along with the heart to improve its pumping efficiency and maintain the optimum blood flow throughout the body. The devices are typically employed in patients suffering from End-Sta
Global Cardiac Assist
Devices Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
Future Market Insights
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Heart Failure (HF) is a potentially life-threatening condition that weakens the heart
muscle, reduces its ability to pump enough blood throughout the body. Even without a
heart transplant, patients' lives can be extended and improved with the use of small,
implantable devices called Cardiac Assist Devices.
Cardiac Assist Devices (CAD) are type of mechanical pumps that work along with the
heart to improve its pumping efficiency and maintain the optimum blood flow
throughout the body. The devices are typically employed in patients suffering from EndStage Congestive Heart Failure, where the chances of survival through oral medications
alone become minimal. The scarcity of donor organs has led to the development of these
devices.
Globally, there are around 23 million cases of HF and around 5.8 million people in United
States have HF. About half of the people who develop heart failure die within 5 years of
diagnosis.
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Cardiac Assist Devices Market: Drivers & Restraints
The Cardiac Assist Devices market is driven by aging population, increasing prevalence of
HF, high adaptation rates of these devices, and new technology innovations.
Increasing rates of cardiovascular diseases and aging population has boosted the cardiac
assist devices market globally.
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The shortage of donor hearts for transplantation is also leading to an increase in
adoption of cardiac assist devices in patients with end-stage heart failure.
Cardiac assist devices are also being used as a Bridge-To-Transplantation (BTT), Bridge-ToRecovery (BTR) or Destination Therapy (DT), depending on the requirement of the
patient and the severity of the disease. Technological advancements that make the
devices more efficient and minimally invasive are expected to further drive the demand
for cardiac assist devices in the future.
Presence of alternative treatment like heart transplantation, pacemaker and etc. and the
few risk which are associated with the device implantation, such as development of
blood clots, respiratory failure and device failure and other surgical complications such as
bleeding, kidney failure, stroke and infection. Such complication are acting as a barrier in
the adoption of such treatment and devices.
Cardiac Assist Devices Market: Segmentation
The global market of cardiac assist devices is segmented into following types:
• Ventricular Assist Devices (VAD)
• Intra-Aortic Balloon Pumps (IABP)
• Total Artificial Heart (TAH)
Further, Ventricular Assist Device (VAD) are segmented into the following types based on
the defect and placement of the device.
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• Left Ventricular Assist Device (LVAD)
• Right Ventricular Assist Device (RVAD)
• Bi-Ventricular Assist Device (Bi-VAD)
• External Ventricular Assist Device (VAD)
Cardiac Assist Devices Market: Overview
With rapid technological advancement and wide acceptance of cardiac surgery
procedures among patients with heart problem, the global cardiac assist devices market
is expected to exhibit a double-digit growth in the forecast period (2015-2025).
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With FDA approving SynCardia System’s Total Artificial Heart to conduct clinical studies on
destination therapy, more and more end stage heart failure patient will be benefit from
this nature of therapy and the market is expected to expand significantly in the forecast
period.
Cardiac Assist Devices Market: Region-wise Outlook
Depending on geographic regions, global cardiac assist devices market is segmented into
seven key regions: North America, South America, Eastern Europe, Western Europe, Asia
Pacific, Japan, and Middle East & Africa.
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North America is the leading markets for cardiac assist devices with highest prevalent
cases with heart failure, technological development, high patient awareness and
reimbursement coverage for CAD implantation procedures. Europe is the second largest
market followed by Asia Pacific and Japan.
Cardiac Assist Devices Market: Key Players
Some of the key market players in global cardiac assist devices market are Thoratec
Corporation, MAQUET GmbH & Co., Teleflex Incorporated, Heart Ware International,
Berlin Heart GmbH, ABIOMED and SynCardia Systems, Inc.
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Ethansmith
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