The Intra Aortic Balloon Pump Market To Show Constructive Disruption With US$ 472 Mn

Market Report Summary 

  • Market – Intra Aortic Balloon Pump Market 
  • Market Value – US$ 472 Mn in 2027 
  • Market CAGR Value – 2.7% in 2027 
  • Market Forecast Year – 2020 to 2030 

For Full Information ->  Click Here 

Read Full Press Release Below

Growing prevalence of lethal diseases, such as cardiac arrest and heart failure due to changing lifestyle and eating habits is leading to increasing cardiac surgeries and procedures worldwide. Of late, intra-aortic balloon pump has emerged as a cutting-edge product in cardiac management and care.

It is basically a polyethylene balloon mounted on a catheter that assists heart during both its rest phase and work phase. However, there have been occasions when the use of intra-aortic balloon pumps in chronic heart condition and coronary artery diseases resulted in adverse side-effects including injuries and even deaths.

Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/17047

Company Profiles 

  • Teleflex Corporation
  • MAQUET Holding B.V. & Co. KG. (Getinge Group)
  • Zeon Corporation
  • Tokai Medical Products Inc.
  • SENKO MEDICAL INSTRUMENT Mfg. CO., LTD.
  • InterValve Inc.
  • Insightra Medical, Inc.
  • Others.

As per PMR’s findings, the global Intra-aortic balloon pump is likely to register a minuscule CAGR of 2.7% in terms of value during the forecast period (2017–2027).

Global Intra-Aortic Balloon Pump Market: Key Challenges

Increasing product recalls and rising concerns over patient safety is set to impact the global intra-aortic balloon market, which is expected to reach a valuation of US$ 471.8 Mn by 2027. Moreover, limited growth opportunities owing to the lack of proper healthcare infrastructure is holding back manufacturers to make strong investments in developing countries.

This is also hampering the overall growth of the global intra-aortic balloon pump market. Meanwhile in Europe, the regulatory bodies have imposes stringent regulations on launch new intra-aortic balloon pump product and its marketing and sales activities.

This, in turn, is making it difficult for market players to get quick product approvals, hence further delaying the launch of new products.

Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/17047

Global Intra-Aortic Balloon Pump Market: Additional Findings

In terms of revenue, catheters and introducer tray intra-aortic balloon pump are expected to account for significant share of the market towards the end of the forecast period. At the same time, popularity of intra-aortic balloon pump console is likely to witness a downtrend.

By indication, coronary artery diseases indication continues to be relatively high as compared to chronic heart failure indication. This trend is anticipated to continue throughout the forecast period

Use of intra-aortic balloon pump is expected to remain highly concentrated in independent catherization labs throughout the forecast period. In 2016, independent catherization labs accounted for more than 41% value share of the market.

Access Full Report @ https://www.persistencemarketresearch.com/checkout/17047

North America to Retain its Top Position in the Global Intra-Aortic Balloon Pump Market Over 2027

Currently, North America is the largest market for intra-aortic balloon pump, which is estimated to represent US$ 133.7 Mn, or 37.1% value share of the global market by 2017-end.

The region’s market is expected to expand at CAGR of 2.9% during 2017 to 2027. The market in Europe is expected to emerge as the second largest market over 2027. In 2017, Asia Pacific (APAC) is estimated to account for 19% share of the global market in terms of revenue.

Explore Extensive Coverage of PMR`s Life Sciences & Transformational Health Landscape

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

Ashish Kolte
Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

 

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *