The global cardiac assist devices and equipment market size is expected to grow from $1.85 billion in 2021 to $2.15 billion in 2022 at a compound annual growth rate (CAGR) of 15.7%. The global cardiac assist devices market size is expected to grow to $3.58 billion in 2026 at a CAGR of 13.7%.
What is the Global Cardiac Assist Devices and Equipment Market?
The cardiac assist devices and equipment market consist of sales of cardiac assist devices and equipment and related services. Cardiac assist devices and equipment are electromechanical devices for assisting cardiac circulation, which are used either to partially or to completely replace the function of a failing heart.
Get a Sample of the global cardiac assist devices and equipment market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=2401&type=smp
What drives the Global Cardiac Assist Devices and Equipment Market?
A rise in the prevalence of cardiovascular diseases increases the demand for cardiac assist devices and equipment in developed and developing economies. The increasing need for diagnosis, monitoring, early-stage treatment, and prevention of these life-threatening diseases, increase the demand for cardiac assist devices. According to the American Heart Association, by 2035, 45.1% of the US population is projected to have some form of CVD. Total costs of CVD are expected to reach $1.1 trillion in 2035, with direct medical costs projected to reach $748.7 billion and indirect costs estimated to reach $368 billion.
Get the full global cardiac assist devices and equipment industry report here
https://www.thebusinessresearchcompany.com/report/cardiac-assist-devices-and-equipment-global-market-report
Global Cardiac Assist Devices and Equipment Market Segments
The global cardiac assist devices and equipment market is segmented:
By Type: Ventricular Assist Devices (LVAD), Intra-Aotic Baloon Pumps, Total Artificial Heart
By Application: Hospital Pharmacies, Ambulatory Surgical Centers, Emergency Services
By Modality: Transcutaneous, Implantable
By Geography: The regions covered in the cardiac assist devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Cardiac Assist Devices and Equipment Global Market Report 2022provides market size and growth forecasts for the global cardiac assist devices and equipment market, global cardiac assist devices and equipment market share, cardiac assist devices and equipment market segments and geographies, cardiac assist devices and equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The cardiac assist devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Cardiac Assist Devices and Equipment Industry Playersinclude Abbot Laboratories, Berlin Heart GmbH, Abiomed Inc., Bivacor Pvt Ltd., Calon Cardio - Technology Ltd., Cardiobridge GmbH, Balton Sp. Z O.O, Cardiac Assist Inc., Braile Biomedica Ltd., and circulate Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
