Cardiac Assist Devices Market By End User (hospitals, Ambulatory And Surgical Centers) Product Type (ventricular Assist Device (vad) And Intra-aortic Balloon Pump) & Modality (transcutaneous And Implantable) - Global Industry Analysis And Forecast To 2023
Published On : June 2022 Pages : 190 Category: Medical Devices Report Code : HC061052
Industry Outlook and Trend Analysis
The Cardiac Assist Devices Market is expected to show considerable growth over the forecast period. Cardiac Assist Devices (CAD) is sort of mechanical pumps that work alongside the heart to enhance its pumping proficiency and keep up the ideal blood stream all through the body. Cardiovascular Help Gadgets can be portioned in three kinds ventricular help gadgets, intra-aortic inflatable pumps (IABPs) and aggregate artificial heart. Cardiac Assist Devices (CAD) is a mechanical pump which takes blood from a lower council of the heart and pumps it to the body and imperative organs. Ventricular gadgets are of two kinds right ventricular help gadget (RVAD), left ventricular help gadget (LVAD) and if both the ventricular assist devices are utilized they are known as biventricular help gadget (BIVAD). Intra-aortic inflatable pump is a kind of computer aided design gadget which increments myocardial oxygen perfusion and heart yield in the meantime. Total artificial heart is a gadget which replaces the lower assemblies of heart and recuperates coming up short heart by playing out all elements of an ordinary heart.
Drivers & Restrains
Cardiac assist device market is relied upon to be driven by worldwide maturing populace and increment in cardiovascular sicknesses. An another factor in charge of market development of this market is absence of benefactor hearts for transplantation prompting increment in cardiac assist devices implantations in patients with serious heart difficulties. In future mechanical progressions and more productive and negligibly intrusive gadgets are expected to drive the market.
Regional Outlook and Trend Analysis
North America is expected to show considerable growth over the forecast period. Europe is the second biggest market following North America with second biggest most astounding predominance for heart sicknesses and increment in populace surpassing 60 - 65 years age group. Asia Pacific and Rest of the World are the areas including China, India, Brazil, Russia and South Africa has altogether huge number of underserved patients enduring with cardiovascular maladies consequently spoke to as future appealing markets for CAD.
Competitive Insights
The leading players in the market are Berlin Herat GmbH, ABIOMED, Inc., MAQUET GmbH & Co. KG, Thoratec Corporation, Teleflex Incorporated, HeartWare International, Inc. and others. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Cardiac Assist Devices Market is segmented as follows-
By End User:
- Hospitals
- Ambulatory Surgical Centres
By Product Type:
- Ventricular Assist Device (VAD)
- Intra-aortic Balloon Pump
By Modality:
- Transcutaneous
- Implantable
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Cardiac Assist Devices Market, By Product Type, Estimates and Forecast, 2014-2023($Billion)
o Ventricular Assist Device (VAD)
o Intra-aortic Balloon Pump
· Cardiac Assist Devices Market, By Modality, Estimates and Forecast, 2014-2023($Billion)
o Transcutaneous
o Implantable
· Cardiac Assist Devices Market, By End User, Estimates and Forecast, 2014-2023($Billion)
o Hospitals
o Ambulatory
o Surgical Centers
· Cardiac Assist Devices Market, By Region, Estimates and Forecast, 2014-2023($Billion)
o North America
§ North America Cardiac Assist Devices Market, By Country
o U.S. Cardiac Assist Devices Market
o Canada Cardiac Assist Devices Market
o Mexico Cardiac Assist Devices Market
o Europe
§ Europe Cardiac Assist Devices Market, By Country
o Germany Cardiac Assist Devices Market
o UK Cardiac Assist Devices Market
o France Cardiac Assist Devices Market
o Russia Cardiac Assist Devices Market
o Italy Cardiac Assist Devices Market
o Rest of Europe Cardiac Assist Devices Market
o Asia-Pacific
§ Asia-Pacific Cardiac Assist Devices Market, By Country
o China Cardiac Assist Devices Market
o Japan Cardiac Assist Devices Market
o South Korea Cardiac Assist Devices Market
o India Cardiac Assist Devices Market
o Southeast Asia Cardiac Assist Devices Market
o Rest of Asia-Pacific Cardiac Assist Devices Market
o South America
§ South America Cardiac Assist Devices Market
o Brazil Cardiac Assist Devices Market
o Argentina Cardiac Assist Devices Market
o Columbia Cardiac Assist Devices Market
o South Africa Cardiac Assist Devices Market
o Rest of South America Cardiac Assist Devices Market
o Middle East and Africa
§ Middle East and Africa Cardiac Assist Devices Market
o Saudi Arabia Cardiac Assist Devices Market
o UAE Cardiac Assist Devices Market
o Egypt Cardiac Assist Devices Market
o Nigeria Cardiac Assist Devices Market
o South Africa Cardiac Assist Devices Market
o Rest of MEA Cardiac Assist Devices Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Cardiac Assist Devices Market, By Product Type
5.1. Introduction
5.2. Global Cardiac Assist Devices Sales, Revenue and Market Share by Product Type (2017-2027)
5.2.1. Global Cardiac Assist Devices Sales and Sales Share by Product Type (2017-2027)
5.2.2. Global Cardiac Assist Devices Revenue and Revenue Share by Product Type (2017-2027)
5.3. Ventricular Assist Device (VAD)
5.3.1. Global Ventricular Assist Device (VAD) Sales and Growth Rate (2017-2027)
5.4. Intra-aortic Balloon Pump
5.4.1. Global Intra-aortic Balloon Pump Sales and Growth Rate (2017-2027)
6. Cardiac Assist Devices Market, By Modality
6.1. Introduction
6.2. Global Cardiac Assist Devices Sales, Revenue and Market Share by Modality (2017-2027)
6.2.1. Global Cardiac Assist Devices Sales and Sales Share by Modality (2017-2027)
6.2.2. Global Cardiac Assist Devices Revenue and Revenue Share by Modality (2017-2027)
6.3. Transcutaneous
6.3.1. Global Transcutaneous Sales and Growth Rate (2017-2027)
6.4. Implantable
6.4.1. Global Implantable Sales and Growth Rate (2017-2027)
7. Cardiac Assist Devices Market, By End User
7.1. Introduction
7.2. Global Cardiac Assist Devices Sales, Revenue and Market Share by End User (2017-2027)
7.2.1. Global Cardiac Assist Devices Sales and Sales Share by End User (2017-2027)
7.2.2. Global Cardiac Assist Devices Revenue and Revenue Share by End User (2017-2027)
7.3. Hospitals
7.3.1. Global Hospitals Sales and Growth Rate (2017-2027)
7.4. Ambulatory
7.4.1. Global Ambulatory Sales and Growth Rate (2017-2027)
7.5. Surgical Centers
7.5.1. Global Surgical Centers Sales and Growth Rate (2017-2027)
8. Cardiac Assist Devices Market, By Region
8.1. Introduction
8.2. Global Cardiac Assist Devices Sales, Revenue and Market Share by Regions
8.2.1. Global Cardiac Assist Devices Sales by Regions (2017-2027)
8.2.2. Global Cardiac Assist Devices Revenue by Regions (2017-2027)
8.3. North America Cardiac Assist Devices by Countries
8.3.1. North America Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.3.2. North America Cardiac Assist Devices Revenue and Growth Rate (2017-2027)
8.3.3. North America Cardiac Assist Devices Sales by Countries (2017-2027)
8.3.4. North America Cardiac Assist Devices Revenue (Million USD) by Countries (2017-2027)
8.3.5. U.S.
8.3.5.1. United States Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.3.5.2. United States Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.6. Canada
8.3.6.1. Canada Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.3.6.2. Canada Cardiac Assist Devices Sales (Millions USD) and Growth Rate (2017-2027)
8.3.7. Mexico
8.3.7.1. Mexico Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.3.7.2. Mexico Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4. Europe Cardiac Assist Devices by Countries
8.4.1. Europe Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.4.2. Europe Cardiac Assist Devices Revenue and Growth Rate (2017-2027)
8.4.3. Europe Cardiac Assist Devices Sales by Countries (2017-2027)
8.4.4. Europe Cardiac Assist Devices Revenue (Million USD) by Countries (2017-2027)
8.4.5. Germany
8.4.5.1. Germany Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.4.5.2. Germany Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.6. UK
8.4.6.1. UK Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.4.6.2. UK Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.7. France
8.4.7.1. France Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.4.7.2. France Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.8. Russia
8.4.8.1. Russia Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.4.8.2. Russia Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.9. Italy
8.4.9.1. Italy Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.4.9.2. Italy Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.10. Rest of Europe
8.4.10.1. Rest of Europe Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.4.10.2. Rest of Europe Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5. Asia-Pacific
8.5.1. Asia-Pacific Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.5.2. Asia-Pacific Cardiac Assist Devices Revenue and Growth Rate (2017-2027)
8.5.3. Asia-Pacific Cardiac Assist Devices Sales by Countries (2017-2027)
8.5.4. Asia-Pacific Cardiac Assist Devices Revenue (Million USD) by Countries (2017-2027)
8.5.5. China
8.5.5.1. China Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.5.5.2. China Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6. Japan
8.5.6.1. Japan Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.5.6.2. Japan Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6.3.
8.5.7. Korea
8.5.7.1. Korea Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.5.7.2. Korea Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.8. India
8.5.8.1. India Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.5.8.2. India Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.9. Southeast Asia
8.5.9.1. Southeast Asia Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.5.9.2. Southeast Asia Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.10. Rest of Asia-Pacific
8.5.10.1. Rest of Asia-Pacific Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.5.10.2. Rest of Asia-Pacific Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.6. South America
8.6.1. South America Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.6.2. South America Cardiac Assist Devices Revenue and Growth Rate (2017-2027)
8.6.3. South America Cardiac Assist Devices Sales by Countries (2017-2027)
8.6.4. South America Cardiac Assist Devices Revenue (Million USD) by Countries (2017-2027)
8.6.5. Brazil
8.6.5.1. Brazil Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.6.5.2. Brazil Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.6. Argentina
8.6.6.1. Argentina Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.6.6.2. Argentina Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.7. Columbia
8.6.7.1. Columbia Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.6.7.2. Columbia Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.8. Rest of South America
8.6.8.1. Rest of South America Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.6.8.2. Rest of South America Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7. Middle East and Africa
8.7.1. Middle East and Africa Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.7.2. Middle East and Africa Cardiac Assist Devices Revenue and Growth Rate (2017-2027)
8.7.3. Middle East and Africa Cardiac Assist Devices Sales by Countries (2017-2027)
8.7.4. Middle East and Africa Cardiac Assist Devices Revenue (Million USD) by Countries (2017-2027)
8.7.5. Saudi Arabia
8.7.5.1. Saudi Arabia Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.7.5.2. Saudi Arabia Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.6. United Arab Emirates
8.7.6.1. United Arab Emirates Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.7.6.2. United Arab Emirates Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.7. Egypt
8.7.7.1. Egypt Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.7.7.2. Egypt Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.8. Nigeria
8.7.8.1. Nigeria Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.7.8.2. Nigeria Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.9. South Africa
8.7.9.1. South Africa Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.7.9.2. South Africa Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.10. Rest of Middle East and Africa
8.7.10.1. Rest of Middle East and Africa Cardiac Assist Devices Sales and Growth Rate (2017-2027)
8.7.10.2. Rest of Middle East and Africa Cardiac Assist Devices Revenue (Millions USD) and Growth Rate (2017-2027)
9. Company Profiles
9.1. Thoratec Corporation
9.1.1. Business Overview
9.1.2. Product Portfolio
9.1.3. Strategic Developments
9.1.4. Sales, Revenue and Market Share
9.2. MAQUET GmbH & Co.
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Strategic Developments
9.2.4. Sales, Revenue and Market Share
9.3. Teleflex Incorporated
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Strategic Developments
9.3.4. Sales, Revenue and Market Share
9.4. Heart Ware International
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Strategic Developments
9.4.4. Sales, Revenue and Market Share
9.5. Berlin Heart GmbH
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Strategic Developments
9.5.4. Sales, Revenue and Market Share
9.6. ABIOMED
9.6.1. Business Overview
9.6.2. Product Portfolio
9.6.3. Strategic Developments
9.6.4. Sales, Revenue and Market Share
9.7. SynCardia Systems, Inc.
9.7.1. Business Overview
9.7.2. Product Portfolio
9.7.3. Strategic Developments
9.7.4. Sales, Revenue and Market Share
9.8. Abbott Laboratories
9.8.1. Business Overview
9.8.2. Product Portfolio
9.8.3. Strategic Developments
9.8.4. Sales, Revenue and Market Share
9.9. Medtronic Plc.
9.9.1. Business Overview
9.9.2. Product Portfolio
9.9.3. Strategic Developments
9.9.4. Sales, Revenue and Market Share
9.10. Terumo Corporation
9.10.1. Business Overview
9.10.2. Product Portfolio
9.10.3. Strategic Developments
9.10.4. Sales, Revenue and Market Share
10. Global Cardiac Assist Devices Market Competition, by Manufacturer
10.1. Global Cardiac Assist Devices Sales and Market Share by Manufacturer (2017-2017)
10.2. Global Cardiac Assist Devices Revenue and Market Share by Manufacturer (2017-2017)
10.3. Global Cardiac Assist Devices Price by Manufacturer (2017-2017)
10.4. Top 5 Cardiac Assist Devices Manufacturer Market Share
10.5. Market Competition Trend
11. Cardiac Assist Devices Market Forecast (2027-2023)
11.1. Global Cardiac Assist Devices Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
11.2. Cardiac Assist Devices Market Forecast by Regions (2027-2023)
11.2.1. North America Cardiac Assist Devices Market Forecast (2027-2023)
11.2.1.1. United States Cardiac Assist Devices Market Forecast (2027-2023)
11.2.1.2. Canada Cardiac Assist Devices Market Forecast (2027-2023)
11.2.1.3. Mexico Cardiac Assist Devices Market Forecast (2027-2023)
11.2.2. Europe Cardiac Assist Devices Market Forecast (2027-2023)
11.2.2.1. Germany Cardiac Assist Devices Market Forecast (2027-2023)
11.2.2.2. United Kingdom Cardiac Assist Devices Market Forecast (2027-2023)
11.2.2.3. France Cardiac Assist Devices Market Forecast (2027-2023)
11.2.2.4. Russia Cardiac Assist Devices Market Forecast (2027-2023)
11.2.2.5. Italy Cardiac Assist Devices Market Forecast (2027-2023)
11.2.2.6. Rest of the Europe Cardiac Assist Devices Market Forecast (2027-2023)
11.2.3. Asia-Pacific Cardiac Assist Devices Market Forecast (2027-2023)
11.2.3.1. China Cardiac Assist Devices Market Forecast (2027-2023)
11.2.3.2. Japan Cardiac Assist Devices Market Forecast (2027-2023)
11.2.3.3. Korea Cardiac Assist Devices Market Forecast (2027-2023)
11.2.3.4. India Cardiac Assist Devices Market Forecast (2027-2023)
11.2.3.5. Southeast Asia Cardiac Assist Devices Market Forecast (2027-2023)
11.2.3.6. Rest of Asia-Pacific Cardiac Assist Devices Market Forecast (2027-2023)
11.2.4. South America Cardiac Assist Devices Market Forecast (2027-2023)
11.2.4.1. Brazil Cardiac Assist Devices Market Forecast (2027-2023)
11.2.4.2. Argentina Cardiac Assist Devices Market Forecast (2027-2023)
11.2.4.3. Columbia Cardiac Assist Devices Market Forecast (2027-2023)
11.2.4.4. Rest of South America Cardiac Assist Devices Market Forecast (2027-2023)
11.2.5. Middle East and Africa Cardiac Assist Devices Market Forecast (2027-2023)
11.2.5.1. Saudi Arabia Cardiac Assist Devices Market Forecast (2027-2023)
11.2.5.2. UAE Cardiac Assist Devices Market Forecast (2027-2023)
11.2.5.3. Egypt Cardiac Assist Devices Market Forecast (2027-2023)
11.2.5.4. Nigeria Cardiac Assist Devices Market Forecast (2027-2023)
11.2.5.5. South Africa Cardiac Assist Devices Market Forecast (2027-2023)
11.2.5.6. Rest of MEA Cardiac Assist Devices Market Forecast (2027-2023)
11.3. Cardiac Assist Devices Market Forecast by Product Type (2027-2023)
11.3.1. Global Cardiac Assist Devices Sales Forecast by Product Type (2027-2023)
11.3.2. Global Cardiac Assist Devices Sales Market Share Forecast by Product Type (2027-2023)
11.4. Cardiac Assist Devices Market Forecast by Modality (2027-2023)
11.4.1. Global Cardiac Assist Devices Sales Forecast by Modality (2027-2023)
11.4.2. Global Cardiac Assist Devices Sales Market Share Forecast by Modality (2027-2023)
11.5. Cardiac Assist Devices Market Forecast by End User (2027-2023)
11.5.1. Global Cardiac Assist Devices Sales Forecast by End User (2027-2023)
11.5.2. Global Cardiac Assist Devices Sales Market Share Forecast by End User (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Cardiac Assist Devices Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
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Demand Side |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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