BANGALORE, October 21, 2015 /PRNewswire/ --
Mordor Intelligence is pleased to announce the publication of the report on Global Cardiac Assist Devices Market on October 21, 2015.
The report is a study on the Global Cardiac Assist Devices market along with an in-depth analysis of the Asian, North-American, European and other regional markets.
Heart failure, a life-threatening condition, weakens the heart muscles and reduces its ability to pump enough blood throughout the body. The life of a patient can be extended and improved by using small, implantable devices called Cardiac Assist Devices.
Cardiac assist devices market is segmented based on product types which include intra-aortic balloon pumps, total artificial heart, ventricular assist devices and circulatory support devices, and different geographic regions.
Cardiac Assist Devices Market revenues are expected to reach approximately $4 billion annually by 2020 with a compound annual growth rate of 16.1%. The maximum growth of Cardiac Assist Devices is being generated from the Ventricular Assist Devices (VAD) market. United States is the largest market for the Ventricular Assist Devices.
Get the full report here: Global Cardiac Assist Devices Market
Thoratec Corporation is the leading provider of VADs covering 75% of the US market and half of the European market. Other major players on the market include Abiomed Inc., Berlin Heart GmbH, HeartWare International, Jarvik Heart Inc. and Terumo Corporation.
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SOURCE Mordor Intelligence LLP