TechNavio today launched its report Global Cardiac Assist Device Market 2011“2015 based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Healthcare team said; The Global Cardiac Assist Device (CAD) market is witnessing various technological advancements that have increased the demand for and adoption of CADs among physicians and cardiologists. Cardiologists prefer total artificial hearts (TAHs) to ventricular assist devices (VADs) for the treatment of patients who are waiting for heart transplants (destination therapy). Since the introduction of the TAH, there have been huge implantations of the device.
According to the report, worldwide, there is increasing prevalence of cardiovascular diseases (CVDs). Furthermore, the rapid increase in the aging population across the globe has increased the number of people suffering from congestive heart failure (CHF). In the US, huge numbers of people are living with CHF, and numerous new cases of heart failure are diagnosed every year. However, the survival rate of these patients has greatly improved in the US since the introduction of CADs. Thus, the high prevalence of CVDs has increased the demand for CADs.
Further, the report also discusses that the high cost of CAD procedures is a major factor restricting the adoption of CADs in developing regions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-cardiac-assist-device-market-2011-2015
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TechNavio Announces the Publication of its Report “ Global Cardiac Assist Device Market 2011“2015
