North America Percutaneous Mechanical Circulatory Support Devices Market

Market Introduction

Percutaneous mechanical circulatory support devices offer an effective and rapid approach to slow the downward spiral of hemodynamic instability among patients suffering with decompensated heart failures and cardiogenic shocks till a more definitive strategy is perceived among patients to recover from these cardiac ailments. The major roles of the percutaneous mechanical circulatory support devices include improving the native cardiac output, reducing ventricular volume and filling pressures, augmenting coronary perfusion, and maintaining vital organ perfusion.

North America Percutaneous Mechanical Circulatory Support Devices Strategic Insights

Strategic insights for the North America Percutaneous Mechanical Circulatory Support Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Percutaneous Mechanical Circulatory Support Devices Report Scope

North America Percutaneous Mechanical Circulatory Support Devices Regional Insights

The geographic scope of the North America Percutaneous Mechanical Circulatory Support Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The North America Percutaneous mechanical circulatory support devices market is expected to reach US$ 1,749.25 million by 2027 from US$ 645.23 million in 2019. The market is anticipated to grow at a CAGR of 13.6% during 2019–2027. The rising geriatric population, increasing prevalence of cardiovascular diseases and shortage of heart donors are the major factors expected to boost the growth of the percutaneous mechanical circulatory support devices market in North America. However, the market is likely to get impacted by the as high costs of these devices and procedures associated with them as well as product recalls, and impact of COVID-19 pandemic on medical device industry during the forecast period.

Key Market Segments

In terms of product, the intra-aortic balloon pumps (IABP) segment accounted for the largest share of the North America percutaneous mechanical circulatory support devices market in 2019. In terms of end users, hospitals segment accounted for the largest share of the North America percutaneous mechanical circulatory support devices market in 2019.

Major Sources and Companies Listed

Several major primary and secondary sources associated with the North America percutaneous mechanical circulatory support devices market report are the World Health Organization (WHO), Heart Disease and Stroke Statistics, National Institutes of Health (NIH), Centers for Disease Control and Prevention (CDC), Heart Failure Society of America, Heart and Stroke Foundation of Canada, Heart and Stroke Foundation of Canada, and others.

Reasons to buy report

• It provides understanding of the North America, percutaneous mechanical circulatory support devices market landscape and identifies percutaneous mechanical circulatory support devices market segments that are most likely to guarantee a strong return.
• It guides stay ahead of the race by comprehending the ever-changing competitive landscape for the North America percutaneous mechanical circulatory support devices market.
• It helps efficiently plan merger and acquisition, and partnership deals in the percutaneous mechanical circulatory support devices market by identifying market segments with the most promising probable sales
• It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of percutaneous mechanical circulatory support devices market performance of various segments pertaining to the North America percutaneous mechanical circulatory support devices market.
• It provides percutaneous mechanical circulatory support devices market revenue forecast of the market based on various segments for the period from 2019 to 2027.

NORTH AMERICA PERCUTANEOUS MECHANICAL CIRCULATORY SUPPORT DEVICES MARKET SEGMENTATION

By Product

• Intra-Aortic Balloon Pumps
• VA-Extracorporeal Membrane Oxygenation (ECMO)
• Short-Term Ventricular Assist Devices (VADs)
  • Impella
  • Tandem Heart

By End User

• Hospitals
• Ambulatory Surgical Centers
• Others

By Country

• US
• Canada
• Mexico

Company Profiles

• Abbott
• Teleflex Incorporated
• Abiomed
• Jarvik Heart, Inc
• Medtronic