Global Heart Pump Device Market is expected to reach USD 3.42 Billion by 2026 from USD XX Billion in 2019 at CAGR of XX% (Detailed analysis of the market CAGR is provided in th e report). The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different r egions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decis ion makers to prepare the outline for short term and long term strategies for companies by r egion.
To know about the Research Methodology :- Request Free Sample Report An increasing number of patients of cardiovascular diseases, high adoption of new technolo gy in heart pump devices and research and development done on the medical industry are t he major factors that are driving the growth of the market. However, a High risk associated w ith implanting heart pump device and a high cost of the heart pump device may restrict the g rowth of the Global Heart Pump Device Market, On the other hand, emerging countries with huge advancement technology are providing the opportunity for the growth of the market. Global Heart Pump Device Market is segmented by products, type, therapy, and geography. Products segment is sub-segmented as Ventricular Assist Devices (VADs), Intra-aortic Ballo on Pumps (IABPs), and Total Artificial Heart (TAH). Ventricular Assist Devices application s egment is estimated to hold the largest market share in the forecast period due to improved safety and efficacy of these devices because of technological advancements. Type segment is bifurcated as Implantable Heart Pump Devices and Extracorporeal Global Heart Pump De vice Market. Therapy segment is further sub-segmented as Bridge-to-transplant (BTT), Brid ge-to-candidacy (BTC), Destination Therapy (DT), and Other Therapies. Destination therapy segment is expected to register the highest growth during the forecast period. The Global H