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Heart Transplant Market (Surgery Type - Total Artificial Heart, Biventricular Pacing, Ventricular Assist Devices, and Other Surgery Types; End User - Hospitals, and Cardiac Institutes): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : June, 2019

  • Rep Id : HC0556

  • Category : Healthcare & Medical Devices

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Heart Transplant Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Heart Transplant Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Heart Transplant Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on heart transplant market provides an in-depth analysis of segments and sub-segments in the global as well as regional heart transplant market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional heart transplant market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global heart transplant market. According to the report, the global heart transplant market is projected to grow at a CAGR of 11.1% over the forecast period of 2019-2025.


Global Heart Transplant Market

 

Market Insight

A heart transplant is a surgical treatment performed to remove the diseased heart from a person and replace it with a healthy one from an organ donor. It is a treatment that is usually reserved for people who have tried medications or other surgeries, but their conditions haven't improved appropriately. It is the most effective therapy for patients with end-stage heart failure and provides a median life expectancy of about 10-15 years.

 

The increase in the frequency of coronary artery diseases and heart failure cases are the major driving factor for the heart transplant market. At present, around 26 million people are living with heart failure across the world. According to the American Heart Association, 4,600,000 people have congestive heart failure, and 550,000 new cases of congestive heart failure are diagnosed each year. The rising number of old aged population and patients with high blood cholesterol level is recognized as the second most significant reason for the market growth. Currently, the number of people aged over 50 years is more than 1.5 billion. They comprise 22% of the world population, including 32% of the U.S. population and 38% of the European population. In addition, a refined donor process, updated allocation policy, and technological advancements are driving the growth of the heart transplant market and also provides a positive outlook for the growing population of patients with end-stage heart diseases. The lack of skilled surgeon and a lack of donor is a major difficulty which will hamper the growth of this market. However, the research and development in the field of artificial heart and growing usage of mechanical circulatory support assist devices and other such devices create opportunities for the growth of the market during the forecast period.

 

North America region accounts for the largest heart transplant market and is anticipated to remain the largest revenue making the region during the forecast period. The high occurrences of cardiac failures, growing geriatric population and high expenditure on healthcare contribute to the growth of the heart transplant market in the North America region. Every year approximately 3500 heart transplants are performed, more than half of which takes place in the U.S. Europe ranks second in heart transplant market due to the government support for research and development and availability of funds for research. Asia-Pacific is the fastest growing health transplant market due to the presence of fast emerging healthcare technology and high healthcare costs.

 

Segment Covered

The report on global heart transplant market covers segments such as surgery type, and end user. On the basis of surgery type, the sub-markets include total artificial heart, biventricular pacing, ventricular assist devices, and other surgery types. On the basis of end user, the sub-markets include hospitals, and cardiac institutes.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Abbott Laboratories., ABIOMED, Berlin Heart, BiVACOR Inc., Calon Cardio, CareDx, Inc, CARMAT, CorWave SA, HeartWare, and Other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of heart transplant market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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