Global Ventricular Assist Devices (VAD) Market to Exceed USD 2.85 Bn by 2023, Expects IQ4I in Its New Topical Study Available at MarketPublishers.com11 Aug 2017 • by Natalie Aster
LONDON – The ventricular assist devices (VAD) market is projected to keep to a growth trend during 2017-2023, propelled by constantly rising incidence of cardiovascular disorders, lack of donor hearts, rising number of heart failures, rapidly aging global population, enhancing awareness of minimally invasive procedures, rising number of clinical studies in cardiovascular field and introduction of new advanced devices. By 2023, the value of the VAD market is set to exceed USD 2.85 billion. However, further market growth could be hampered to some extent by high cost of VAD, strict regulations, numerous entry level barriers, lack of skilled professionals and adverse events owing to VAD implant.
At present, the biggest market for VAD is in North America; it is followed by Europe and APAC. Through 2023, the highest growth rates are expected in the APAC VAD market, which suggest a wide array of lucrative growth opportunities and attracts attention of global investors.
The new topical research study “Ventricular Assist Devices (VAD) Global Market - Forecast to 2023” made up by IQ4I Research & Consultancy delves deep into the market scenario at different geographical scales. Besides, the report grants access to important qualitative and quantitative data on the performance of the VAD market, traces light on the changing market landscape and dynamics, as well as presents a detailed analysis of the key market growth influencing forces. Moreover, this report comprises an extensive market segmentation analysis, features the competitive environment, profiles the prominent participants and also provides a set of forecasts through 2023.
For a full list of the publisher’s research reports visit the IQ4I page at MarketPublishers.com.