New York, NY -- (SBWIRE) -- 09/30/2020 -- Heart pump device is the mechanical device that supports the functioning of heart and flow of blood in patients with weak heart. This device obtains blood from the lower chamber of heart and aids pumping it to the crucial organs. This process is the same as the tasks undertaken by a healthy heart. One of the popularly used health pumping device is the ventricle assist device (VAD). This device can be used in either one chamber of the heart or both the lower chambers of the heart, the cases wherein the ventricle do not perform healthily. Ventricles do not work properly.

These devices can be used during surgery or after the surgery until the heart recovers, till the time of surgery like heart transplant, or of the patient's body is not eligible for heart transplant, the device can prove to be a long term solution to assist the heart to perform better. The different types of ventricular assist device include left ventricular assist device (LVAD), right ventricular assist device (RVAD). Both of these devices if used simultaneously, is known as biventricular assist device (BIVAD). The left ventricular assist device is most widely used type of VAD, whereas right ventricular assist device is majorly used for short term-support to the right ventricle after heart surgery or LVAD surgery.

Major Key Players of the Heart Pump Device Market are:
Abbott Laboratories, Abiomed, Terumo Europe NV, Medtronic PLC, SynCardia Systems LLC. Teleflex Incorporated, Berlin Heart Gmbh, Jervik Heart Inc., Reliant Heart Inc., and Cardiac Assist Inc., among others.

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The continual growth of the heart pump device market can be attributed to several factors, which have led to the wide-scale adoption of these products for the treatment of cardiovascular disorders. Moreover increasing medical tourism, safe procedures, and long-term survival are contributing to the substantial growth of the global heart pump device market between 2020 and 2030. To gain better insights, prominent players in the market are focusing on new product launches along with technological advancements. For Instance, in February 2020, Abbott received U.S. FDA's breakthrough device designation for the development of a Fully Implantable Left Ventricular Assist System (FILVAS).

Major Types of Heart Pump Device Market covered are:
Implantable Heart Pump Devices
Extracorporeal Heart Pump Devices

Major Applications of Heart Pump Device Market covered are:
Ventricular Assist Devices (Left Ventricular Assist Devices (LVADs)
Right Ventricular Assist Devices (RVADs)
Bi-Ventricular Assist Devices (BiVADs)
Percutaneous Ventricular Assist Devices (pVADs)

Research objectives:-

– To study and analyze the global Heart Pump Device consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Heart Pump Device market by identifying its various sub-segments.
– Focuses on the key global Heart Pump Device manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Heart Pump Device with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Heart Pump Device Market Size
2.2 Heart Pump Device Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Heart Pump Device Market Size by Manufacturers
3.2 Heart Pump Device Key Players Head office and Area Served
3.3 Key Players Heart Pump Device Product/Solution/Service
3.4 Date of Enter into Heart Pump Device Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Heart Pump Device Sales by Product
4.2 Global Heart Pump Device Revenue by Product
4.3 Heart Pump Device Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Heart Pump Device Breakdown Data by End User

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In the end, Heart Pump Device industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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