Artificial Heart Market: Business Development Opportunities For New Entrants in Health Care Equipment, Services & Supplies sector

(The Express Wire via Comtex)

Artificial Heart Industry 2020 Market research report is a professional and in-depth study on the market size, growth, share, trends, as well as industry analysis.

Artificial Heart Market 2020 report focus on Global and regional Market, providing information on major players like Manufacturers, Suppliers, Distributors, Traders, Customers, investors etc. It helps in visualizing the composition of the Artificial Heart market across each indication by highlighting the key commercial assets and Players. Artificial Heart Market Report Pinpoint Data type include capacity, production, Market share, price, revenue, cost, gross, Gross margin, Growth rate, consumption, import, export and etc.The report provides Strategists for Marketers and Senior management with the critical information they need to assess the global Health Care Equipment, Services and Supplies sector. Industry researcher project Artificial Heart market was valued at USD XX.XX Billion and CAGR of 8.26% during the period 2020-2023.

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About Artificial Heart Market
Advances in VAD technology will be a key factor driving the growth of the market. The newer generation VADs use several new technologies such as direct flow measurement and remote parameter monitoring and are capable of a wide range of flow for full and/or partial support. They have significantly enhanced survival rates, better quality of life, and device durability with reduced device-related complication rates. Such technological advances and product launches are expected to increase the demand for VADs, which in turn, drives the market. Research analysts have predicted that the artificial heart m market will register a CAGR of almost 9% by 2023.

Artificial Heart Market 2020 Trend, Challengeand Driver: -

Market Overview

  • Increasing prevalence of HF and associated risk factors
  • The prevalence of HF has been steadily increasing in developing as well as developed countries. In Europe, HF affects 20,000 out of one million people in the general population. The prevalence of HF in western countries is estimated to be around 10,000 to 20,000 out of one million individuals, and the average incidence is around 7,500 per million persons each year. Furthermore, the number of hospital admissions due to HF has also been steadily increasing in several countries. This, in turn, will increase the demand for artificial hearts.
  • High cost of artificial hearts
  • The high cost of VADs and TAHs is restricting their widespread adoption in developed as well as developing countries. Vendors offering artificial hearts can charge high prices in part due to structural barriers to competition such as the complex and costly regulatory approval process, and patent protection. These barriers hinder the import of artificial hearts that might compete with domestically manufactured devices and reduce the prices. Hence, the high cost of artificial hearts and procedures are hampering the growth of the global artificial heart market.
  • For the detailed list of factors that will drive and challenge the growth of the artificial heart market during the 2019-2023, view our report.

Competitive Landscape

  • The market appears to be highly concentrated. The presence of few companies including ReliantHeart Inc. and SynCardia Systems LLC makes competitive environment is quite intense. Factors such as the advances in VAD and increasing prevalence of HF and associated risk factors, will provide considerable growth opportunities to artificial heart manufactures. Abbott, Abiomed Inc., Medtronic, ReliantHeart Inc., and SynCardia Systems LLC are some of the major companies covered in this report.

Porter’s five forces analysis included in the report educates the buyer on the current situations along with anticipated future Artificial Heart market size.

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Geographically,this report is segmented into several key Regions covering:Americas, APAC, EMEA

Key vendors operating in 2020 Artificial Heart market space are-

      • Abbott, Abiomed Inc., Medtronic, ReliantHeart Inc., SynCardia Systems LLC

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

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Following are the objectives of The 2020 Artificial Heart Market Report:

      • To describe and forecast the overall Artificial Heart market, in terms of value, segmented on the basis of authentication type, functionality type, component, and application.
      • To forecast the market size for various segments, by key region.
      • To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Artificial Heart market.
      • To strategically analyze the Micro markets with respect to individual growth trends, Prospects, and Contributions to the total market.
      • To analyze opportunities in the overall Artificial Heart market for stakeholders by identifying the high growth segments.
      • To profile key players and analyze their Market ranking in terms of revenues and core competencies and provide details of the competitive landscape for the Artificial Heart market leaders.
      • To analyze growth strategies such as Contracts, Mergers and Acquisitions, Product launches and Developments, and Research and Development (RandD) in the overall Artificial Heart market.

Table of Contents included in Artificial Heart Market 2020 Report -

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

2.1 Preface

2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

      • Market ecosystem
      • Market characteristics
      • Market segmentation analysis

PART 04: PIPELINE ANALYSIS

PART 05: MARKET SIZING

      • Market definition
      • Market sizing 2020
      • Market size and forecast 2020-2023

PART 06: FIVE FORCES ANALYSIS

      • Bargaining power of buyers
      • Bargaining power of suppliers
      • The threat of new entrants
      • Threat of substitutes
      • Threat of rivalry
      • Market condition

PART 07: MARKET SEGMENTATION BY PRODUCT

      • Market segmentation by product
      • Comparison by product
      • Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY TYPE

PART 10: GEOGRAPHIC LANDSCAPE

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2023
      • Europe - Market size and forecast 2020-2023
      • Asia - Market size and forecast 2020-2023
      • ROW - Market size and forecast 2020-2023
      • Key leading countries
      • Market opportunity

PART 11: DRIVERS AND CHALLENGES

      • Market drivers
      • Market challenges

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

      • Overview
      • Landscape disruption

PART 14: VENDOR ANALYSIS

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