The occurrence of cardiovascular illnesses is growing at a rapid pace. It is estimated that advanced cardiovascular breakdown affects around 2.3% of North America's total population and is a severe socioeconomic burden. Further strong emphasis on R&D exercises aimed at the development of progressively enticing devices, as well as optimum government efforts, drive the left ventricular assist device (LVAD) market. Furthermore, the Canadian market is likely to benefit from low-intensity competition in the vendor landscape, making the country an attractive investment ground for firms looking to enter the sector of ventricular assist devices. The enormous pool of patients awaiting donor hearts for transplant gives commercial opportunities. However, there are dangers associated with the LVAD implant, and these hazards have an influence on market growth by acting as a restraining factor. Furthermore, the sector is currently confronted with a number of challenges, including barriers to DT adoption and safety concerns.
· North America left ventricular assist device (LVAD) market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 9.5% in the forecast period of 2022 to 2029 and is expected to reach USD 1,024.22 million by 2029. Increasing technological advancements in the left ventricular assist device act as a driver for the left ventricular assist device (LVAD) market growth.
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North America Left Ventricular Assist Device (LVAD) Market Scope
· North America left ventricular assist device (LVAD) market is categorized into ten notable segments based on product type, therapy, age group, indication, generation, durability, design, pulse type, end-user, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and insights to help them make strategic decisions for identifying core market applications.
BY PRODUCT TYPE
· HEART PUMP
· CONTROLLER
· BATTERIES
· WIRES
· On the basis of product type, North America left ventricular assist device (LVAD) market is segmented into heart pump, controller, batteries, and wires. Batteries are further segmented into rechargeable and non-rechargeable.
BY THERAPY
· Bridge-To-Transplant (BTT) Therapy
· Destination Therapy
· Bridge-To-Candidacy (BTC) Therapy
· Bridge-To-Recovery (BTR) Therapy
· On the basis of therapy, North America left ventricular assist device (LVAD) market is segmented bridge-to-transplant (BTT) therapy, destination therapy, bridge-to-candidacy (BTC) therapy, and bridge-to-recovery (BTR) therapy.
BY AGE GROUP
· Adult
· PAEDIATRIC
· On the basis of age group, North America left ventricular assist device (LVAD) market is segmented into adult and paediatric.
BY INDICATION
· Congestive Heart Failure
· Congenital Heart Disease
· Myocarditis
· Cardiac Arrest
· Familial Arrhythymias and Arrhythmic
· Cardiomyopathies
· Advanced Heart Failure
· Others
· On the basis of indication, North America left ventricular assist device (LVAD) market is segmented into congestive heart failure, congenital heart disease, myocarditis, cardiac arrest, familial arrhythymias and arrhythmic cardiomyopathies, advanced heart failure, and others.
BY GENERATION
· Second Generation Devices
· Third Generation Devices
· First Generation Devices
· On the basis of generation, North America left ventricular assist device (LVAD) market is segmented into second-generation devices, third-generation devices, and first-generation devices.
BY DURABILITY
· Long-Term
· Intermediate-Term
· Short-Term
· On the basis of durability, North America left ventricular assist device (LVAD) market is segmented into long-term, intermediate-term, and short-term.
BY DESIGN
· Axial
· Centrifugal
· On the basis of design, North America left ventricular assist device (LVAD) market is segmented into axial and centrifugal.
BY PULSE TYPE
· Nonpulsatile
· Pulsatile
· On the basis of pulse type, North America left ventricular assist device (LVAD) market is segmented into non-pulsatile and pulsatile.
BY END USER
· Hospitals
· Cardiac Cath Laboratories
· Specialty Clinics
· Others
· On the basis of end user, North America left ventricular assist device (LVAD) market is segmented into hospitals, specialty clinics, cardiac cath laboratories, and others.
BY DISTRIBUTION CHANNEL
· DIRECT TENDER
· RETAIL SALES
· OTHERS
· On the basis of distribution channel, North America left ventricular assist device (LVAD) market is segmented into direct tender, retail sales, and others.
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North America Left Ventricular Assist Device (LVAD) Market Regional Analysis/Insights
· North America left ventricular assist device (LVAD) market is analyzed and market size insights and trends are provided by country, product type, therapy, age group, indication, generation, durability, design, pulse type, end-user, and distribution channel as referenced above.
· North America left ventricular assist device (LVAD) market, it includes countries such as U.S., Canada and Mexico and is expected to grow due to an increase in cases of cardiac disorders and the growing geriatric population. The increasing risk of ventricular disorders are also driving the market growth.
Competitive Landscape and Left Ventricular Assist Device (LVAD) Market Share Analysis
· North America Left Ventricular Assist Device (LVAD) Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, country presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the osteoporosis drugs market.
Some of the major players operating in North America left ventricular assist device (LVAD) market are
· ABIOMED,
· Abbott,
· Berlin Heart,
· Saft, Jarvik Heart, Inc.,
· CorWave SA,
· Evaheart, Inc.,
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MAJOR TOC OF THE REPORT
· INTRODUCTION
· MARKET SEGMENTATION
· EXECUTIVE SUMMARY
· PREMIUM INSIGHTS
· MARKET OVERVIEW
QUESTIONNAIRE
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