The Heart Pump Devices Global Market Report 2023, provides comprehensive information on the heart pump devices market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Heart Pump Devices Global Market Report 2023, the global heart pump devices market is expected to grow from $2.72 billion in 2022 to $3.24 billion in 2023 at a compound annual growth rate (CAGR) of 18.9%.The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global heart pump devices market is expected to reach $6.19 billion in 2027 at a CAGR of 17.6%.
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Investments in developing innovative heart pumps are a key trend gaining popularity in the heart pump devices market. Major companies operating in the heart pump devices market are investing in heart pumps to sustain their position in the market. For instance, in January 2021, CorWave, a France-based company that develops innovative heart pumps invested $40 million in the development of an implantable heart pump with breakthrough technology, a wave membrane pump. This investment helps in the initial development of the product, manufacturing infrastructure, and to complete regulatory testing required to conduct human implants, and start its human clinical trials.
The heart pump devices market is segmented:
1) By Type: Implantable Heart Pump Devices, Extracorporeal Heart Pump Devices
2) By Therapy: Bridge-to-Transplant (BTT), Bridge-to-Candidacy (BTC), Destination Therapy (DT), Other Therapies
3) By End-user: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Other End-users
North America was the largest region in the heart pump devices market in 2022.
The table of contents in TBRC’s heart pump devices market report includes:
1. Executive Summary
2. Heart Pump Devices Market Characteristics
3. Heart Pump Devices Market Trends And Strategies
4. Heart Pump Devices Market – Macro Economic Scenario
5. Heart Pump Devices Market Size And Growth
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26. Africa Heart Pump Devices Market
27. Heart Pump Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Heart Pump Devices Market
29. Heart Pump Devices Market Future Outlook and Potential Analysis
30. Appendix
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