In this report, global Intra-Aortic Balloon Pump (IABP) Market will reach 435.75 Million USD by the end of 2022 with a CAGR of 5.47%
The global Intra-Aortic Balloon Pump (IABP) market was valued at 333.86 Million USD in 2017 and will reach 435.75 Million USD by the end of 2022, growing at a CAGR of 5.47% during 2017-2022.
The IABP is an electromechanical system used to inflate and deflate an intra-aortic balloon to provide temporary support to the left ventricle via the principle of counter pulsation. IABP products are used to augment oxygen delivery to the cardiac muscle and reduce the oxygen demand after cardiac surgery, serious heart attack or interventional procedures.
Intra-Aortic Balloon Pump (IABP) can be divided into two categories—Fiber Optic Type and Ordinary Type. Ordinary Type production market share accounted for the highest proportion, with a figure of 79.45% in 2017, Fiber Optic Type account for 20.55%.
Rising number of cardiovascular disorders are the main factors supporting the use of intra-aortic balloon pump. Though high procedure cost and inflammatory risks during the insertion of the balloon pump are some factors hindering the market growth. Surviving in highly competitive market and individual’s inaccessibility to the multispecialty cardiac care centers are the main challenges to overcome. Whereas Innovations in different sizes of the device pertaining to the height of the patient has improved the adoption rate for intra-aortic balloon pump. Life style changes and increasing obese population are the root cause for highly impaired cardiovascular system.
North America contributes the maximum share in Intra-aortic balloon pump (IABP) market due to eating habits and other lifestyle changes. Eastern and Western Europe are expected to show a vital growth as the need for cure of heart ailments is on rise. With standard health care services in the country Japan with significant healthcare spending is expected to favour the market for intra-aortic balloon pump (IABP). Asia Pacific Intra-aortic balloon pump (IABP) Market is expected to gain traction for due to increase in healthcare expenditure. Amongst the Asian countries, China, ASEAN, Australia and New Zealand and South Korea is expected to be more promising because of having large population over 50 years.
In the coming years, Intra-aortic Balloon Pump (IABP) market is expected to witness the highest growth rate in the Asia-Pacific region. Companies must be aware of their competitive surroundings within their market. Being aware of competitor’s strategy can prevent a lag in reaction to a change within this market. This especially true in the Intra-aortic Balloon Pump (IABP) Industry because of its high growth in the Asian Market. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Aortic Balloon Pump (IABP) for these regions, from 2014 to 2026 (forecast), covering
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
Global Aortic Balloon Pump (IABP) market competition by top manufacturers/players, with Aortic Balloon Pump (IABP) sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
Maquet (Getinge Group)
Teleflex Incorporated
...
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Fiber Optic Type
Ordinary Type
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Aortic Balloon Pump (IABP) for each application, including
Hospitals
Cardiac Care Centers
Other
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Summary:
Get latest Market Research Reports on Aortic Balloon Pump (IABP) Sales. Industry analysis & Market Report on Aortic Balloon Pump (IABP) Sales is a syndicated market report, published as Global Aortic Balloon Pump (IABP) Sales Market(Sales,Revenue and competitors Analysis of Major Market)from 2014-2026. It is complete Research Study and Industry Analysis of Aortic Balloon Pump (IABP) Sales market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.