MEA Cardiac Assist Devices Market Research Report 2021

Posted by rohan on April 16th, 2018

The Middle-East and Africa marketplace for cardiac assist devices is anticipated at USD 92.44 Million in 2015 and is poised to attain USD132.1 Million by 2020, growing at a CAGR of 7.38%. The rise in aging population, upsurge in the occurrence of cardiovascular sicknesses, technological advancements, and availability of more green and minimally invasive gadgets in future are driving the cardiac assist gadgets market.

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The gadgets are typically used in patients stricken by End-Stage Congestive Heart Failure, wherein the probabilities of survival through medicinal drugs alone is minimum. The shortage of donor organs has advised to the development of these devices. The approval of novel technologically advanced products will further growth the call for cardiac help devices within the destiny. Furthermore, lack of donor's hearts for transplantation is also using the cardiac help devices implantations in patients with excessive coronary heart complications, thereby growing the market possibilities.

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The existence of alternative remedies like a pacemaker, heart transplantation and the dangers associated with the device implantation, which includes respiration failure, improvement of blood clots and device failure restrain the market boom. Adding to those, surgical impediments together with kidney failure, bleeding, Infection and prevalence of stroke are also acting as a barrier to the adoption of such devices.

The Middle-East & Africa cardiac assist gadgets marketplace is segmented on the premise of a kind into Ventricular Assist Devices (VAD), Intra-Aortic Balloon Pumps (IABP) & Total Artificial Heart (TAH). Further, the Ventricular Assist Devices is split into Right Ventricular Assist Device (RVAD), Left Ventricular Assist Device (LVAD), Bi-Ventricular Assist Device (Bi-VAD) & External Ventricular Assist Devices.

In addition, on the basis of geography, the Middle-East & Africa market is segmented into regions, each representing Middle-East and African Countries.  The Middle-East & Africa region accounts for approximately 4% of the Global cardiac assist devices marketplace.

Thoratec Corporation, MAQUET GmbH & Co, Teleflex Incorporated, Berlin Heart GmbH, Abiomed, Inc., HeartWare International, SynCardia Systems, Inc. Are the main marketplace players with dominance over 60% of the market.  Some other ability players within the market consist of Jarvik Heart, Inc. And Terumo Corporation. BiVacor Pty Ltd, Braile Biomedica Ltd., Calon Cardio-Technology Ltd., CardiacAssist, Inc., CardioBridge GmbH, Carmat SAS, Cleveland Heart, Inc., CorAssist Cardiovascular Ltd., Evaheart Medical USA, Inc, Windmill Cardiovascular Systems, Inc.

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