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Global Artificial Heart Market Size study, by Type (Ventricular Assist Device, Total Artificial Heart, Heart-Lung Machine, and Others), by Power Source (Internal Battery and External Battery), by End User (Hospitals and Clinics and Specialty Clinics) and Regional Forecasts 2022-2028

September 2022 | 200 pages | ID: GD78A5D3CE17EN
Bizwit Research & Consulting LLP

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Global Artificial Heart Market is valued at approximately USD XXX million in 2021 and is anticipated to grow with a healthy growth rate of more than 15.4% over the forecast period 2022-2028. A surgically implanted pump is referred to as an artificial heart or entire artificial heart and is used to substitute diseased or damaged heart ventricles and provide circulation. The heart's ventricles transport blood from the chambers to the lungs and other organs. The implanted pumps are managed by machines outside the body, assisting blood flow to and from the heart. The factors propelling the market growth are technological advancements and growing burden of Cardiovascular diseases. According to a report by the British Heart Foundation, January 2022, there are around 7.6 million individuals in the UK who have heart disease, and this causes up to 160,000 deaths annually. Cardiovascular diseases cause an average of 460 deaths each day, or one fatality every three minutes, in the United Kingdom (CVDs). The category is also expected to increase as a result of the introduction of new products and ongoing government support. A China-developed 'artificial heart' for severe heart failure, for instance, received marketing approval from China's National Medical Products Administration in July 2022. The 'heart' is a left ventricular assist device that is implantable and powered by ferrofluids. Furthermore, increase in the geriatric population propels the market opportunities in the upcoming years. However, high cost of Artificial Heart and related surgery and strict regulatory scenario impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Artificial Heart Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is leading the global market revenue share owing to growing burden of cardiovascular diseases and rising adoption of technologies. However, Asia Pacific region is expected to be the market growth due to rapid adaptation of healthcare technology in the region.

Major market players included in this report are:

ReinHeart TAH GmbH
SynCardia Systems, LLC
Calon Cardio-Technology Ltd
Abiomed
CryoLife, Inc
BiVACOR Inc.
Jarvik Heart, Inc.
Abbott
Carmat
Berlin Heart Inc.


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Ventricular Assist Device
Total Artificial Heart
Heart-Lung Machine
Others
By Power Source:
Internal Battery
External Battery
By End User:
Hospitals and Clinics
Specialty Clinics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Artificial Heart Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
  1.2.1. Artificial Heart Market, by region, 2020-2028 (USD Million)
  1.2.2. Artificial Heart Market, by Type, 2020-2028 (USD Million)
  1.2.3. Artificial Heart Market, by Power Source, 2020-2028 (USD Million)
  1.2.4. Artificial Heart Market, by End User, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL ARTIFICIAL HEART MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL ARTIFICIAL HEART MARKET DYNAMICS

3.1. Artificial Heart Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Technological advancements
    3.1.1.2. Growing burden of cardiovascular diseases
  3.1.2. Market Challenges
    3.1.2.1. High cost of artificial heart and related surgery
    3.1.2.2. Strict regulatory scenario
  3.1.3. Market Opportunities
    3.1.3.1. Increase in the geriatric population

CHAPTER 4. GLOBAL ARTIFICIAL HEART MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 market scenario

CHAPTER 6. GLOBAL ARTIFICIAL HEART MARKET, BY TYPE

6.1. Market Snapshot
6.2. Global Artificial Heart Market by Type, Performance - Potential Analysis
6.3. Global Artificial Heart Market Estimates & Forecasts by Type, 2018-2028 (USD Million)
6.4. Artificial Heart Market, Sub Segment Analysis
  6.4.1. Ventricular Assist Device
  6.4.2. Total Artificial Heart
  6.4.3. Heart-Lung Machine
  6.4.4. Others

CHAPTER 7. GLOBAL ARTIFICIAL HEART MARKET, BY POWER SOURCE

7.1. Market Snapshot
7.2. Global Artificial Heart Market by Power Source, Performance - Potential Analysis
7.3. Global Artificial Heart Market Estimates & Forecasts by Power Source, 2018-2028 (USD Million)
7.4. Artificial Heart Market, Sub Segment Analysis
  7.4.1. Internal Battery
  7.4.2. External Battery

CHAPTER 8. GLOBAL ARTIFICIAL HEART MARKET, BY END USER

8.1. Market Snapshot
8.2. Global Artificial Heart Market by End User, Performance - Potential Analysis
8.3. Global Artificial Heart Market Estimates & Forecasts by End User, 2018-2028 (USD Million)
8.4. Artificial Heart Market, Sub Segment Analysis
  8.4.1. Hospitals and Clinics
  8.4.2. Specialty Clinics

CHAPTER 9. GLOBAL ARTIFICIAL HEART MARKET, REGIONAL ANALYSIS

9.1. Artificial Heart Market, Regional Market Snapshot
9.2. North America Artificial Heart Market
  9.2.1. U.S. Artificial Heart Market
    9.2.1.1. Type breakdown estimates & forecasts, 2018-2028
    9.2.1.2. Power Source breakdown estimates & forecasts, 2018-2028
    9.2.1.3. End User breakdown estimates & forecasts, 2018-2028
  9.2.2. Canada Artificial Heart Market
9.3. Europe Artificial Heart Market Snapshot
  9.3.1. U.K. Artificial Heart Market
  9.3.2. Germany Artificial Heart Market
  9.3.3. France Artificial Heart Market
  9.3.4. Spain Artificial Heart Market
  9.3.5. Italy Artificial Heart Market
  9.3.6. Rest of Europe Artificial Heart Market
9.4. Asia-Pacific Artificial Heart Market Snapshot
  9.4.1. China Artificial Heart Market
  9.4.2. India Artificial Heart Market
  9.4.3. Japan Artificial Heart Market
  9.4.4. Australia Artificial Heart Market
  9.4.5. South Korea Artificial Heart Market
  9.4.6. Rest of Asia Pacific Artificial Heart Market
9.5. Latin America Artificial Heart Market Snapshot
  9.5.1. Brazil Artificial Heart Market
  9.5.2. Mexico Artificial Heart Market
9.6. Rest of The World Artificial Heart Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. ReinHeart TAH GmbH
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. SynCardia Systems, LLC
  10.2.3. Calon Cardio-Technology Ltd
  10.2.4. Abiomed
  10.2.5. CryoLife, Inc
  10.2.6. BiVACOR Inc.
  10.2.7. Jarvik Heart, Inc.
  10.2.8. Abbott
  10.2.9. Carmat
  10.2.10. Berlin Heart Inc.

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Artificial Heart Market, report scope
TABLE 2. Global Artificial Heart Market estimates & forecasts by region 2018-2028 (USD Million)
TABLE 3. Global Artificial Heart Market estimates & forecasts by Type 2018-2028 (USD Million)
TABLE 4. Global Artificial Heart Market estimates & forecasts by Power Source 2018-2028 (USD Million)
TABLE 5. Global Artificial Heart Market estimates & forecasts by End User 2018-2028 (USD Million)
TABLE 6. Global Artificial Heart Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Artificial Heart Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Artificial Heart Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Artificial Heart Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Artificial Heart Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Artificial Heart Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Artificial Heart Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Artificial Heart Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Artificial Heart Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Artificial Heart Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. U.S. Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. Canada Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 20. Canada Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. Canada Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. UK Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 23. UK Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. UK Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. Germany Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 26. Germany Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. Germany Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. RoE Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 29. RoE Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. RoE Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. China Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 32. China Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. China Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. India Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 35. India Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. India Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. Japan Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 38. Japan Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. Japan Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. RoAPAC Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 41. RoAPAC Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. RoAPAC Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. Brazil Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 44. Brazil Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Brazil Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Mexico Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 47. Mexico Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. Mexico Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. RoLA Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 50. RoLA Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. RoLA Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. Row Artificial Heart Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 53. Row Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. Row Artificial Heart Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. List of secondary sources, used in the study of global Artificial Heart Market
TABLE 56. List of primary sources, used in the study of global Artificial Heart Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Artificial Heart Market, research methodology
FIG 2. Global Artificial Heart Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Artificial Heart Market, key trends 2021
FIG 5. Global Artificial Heart Market, growth prospects 2022-2028
FIG 6. Global Artificial Heart Market, porters 5 force model
FIG 7. Global Artificial Heart Market, pest analysis
FIG 8. Global Artificial Heart Market, value chain analysis
FIG 9. Global Artificial Heart Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Artificial Heart Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Artificial Heart Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Artificial Heart Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Artificial Heart Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Artificial Heart Market, regional snapshot 2018 & 2028
FIG 15. North America Artificial Heart Market 2018 & 2028 (USD Million)
FIG 16. Europe Artificial Heart Market 2018 & 2028 (USD Million)
FIG 17. Asia Pacific Artificial Heart Market 2018 & 2028 (USD Million)
FIG 18. Latin America Artificial Heart Market 2018 & 2028 (USD Million)
FIG 19. Global Artificial Heart Market, company market share analysis (2021)


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