Rise in prevalence of cardiovascular diseases, increase in novel treatments, affordability of medical devices, high adoption and acceptance of cardiac assist devices in developing markets, and innovation and development in medical devices drive the cardiac assist devices market.
Cardiac Assist Devices (CAD) are a type of mechanical pumps that work along with the heart to improve
its pumping efficiency and maintain optimum blood flow throughout the body. Cardiac assist devices are
used to treat end stage heart failure and are determined by the needs of the individual. These are
designed to take over the function of the heart when it becomes weak and help it function normal. Cardiac
assist devices are of three types: ventricular assist devices, intra-aortic balloon pumps (IABPs), and total
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Ventricular assist device is implanted in the patient's chest and consists of an electric motor and a
driveline. It pumps blood through the heart to the entire body and has the required force to distribute
sufficient blood throughout the body. Intra-aortic balloon pump is a long skinny balloon that controls the
flow of blood through the aorta, which is the largest blood vessel. The device expands and contacts
according to blood flow. It gets smaller when the heart pumps, so that blood can flow out to the rest of
the body. It gets bigger when the heart relaxes in order to keep more blood in the heart.
Rise in prevalence of cardiovascular diseases, increase in novel treatments, affordability of medical
devices, high adoption and acceptance of cardiac assist devices in developing markets, and innovation
and development in medical devices drive the cardiac assist devices market.
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Moreover, the global aging population and lack of donors for heart transplantation are boosting the
implantation of cardiac assist devices in patients with severe heart complications. However, steep
competition among existing players, complications and severity involved in the treatment, and lack of
awareness among the rural population in developing and underdeveloped economies are likely to re