Nov 19, 2019 (AB Digital via COMTEX) -- Heart Pump Devices Market Size, Growth and Application By Product (Ventricular Assist Devices, Intra-Aortic Balloon Pumps), Type (Implantable Heart Pump Devices), Therapy (Bridge-To-Candidacy, Destination Therapy), End-User, Global Forecast to 2023
The global Heart Pump Devices Market size is anticipated to grow at a 12.5% CAGR between 2018-2023, states the latest Market Research Future (MRFR) report.
Heart pump devices help in cardiac circulation.
Some of these factors, according to the Market Research Future report, include the growing demand for surgical methods in cardiology that are minimally invasive, refining healthcare infrastructure especially in developing countries, regulatory approvals for advanced and new heart pump devices, growing elderly population, and an acute shortage of donor hearts.
Of these, the implantable heart pump devices will lead the market over the forecast period on account of advancements in technology in these heart pump devices which have improved their efficiency and also made them more safe and reliable, thus enabling their long-term use as survival options for those that cannot undergo heart transplants.
Heart Pump Devices Market Regional Analysis