Press Release

Intra-aortic Balloon Pumps Market to Exhibit Significant Growth Fueled by Rising Occurrences of Cardiovascular Diseases Globally, states Fortune Business Insights™

The global ”intra-aortic balloon pumps market” size is expected to flourish due to the rising occurrences of heart related diseases, observes Fortune Business Insights™ in an upcoming report, titled, “Intra-aortic Balloon Pumps Market Size, Share & Industry Analysis, By Indication (Unstable Angina, Myocardial Infarction, Chronic Heart Failure, Cardiogenic Shock, Other Heart Defects), By End User (Hospitals , Cardiac Care Centers, Others) and Regional Forecast, 2020-2027.” These pumps enable blood to flow more easily into the coronary arteries. In addition, they help the heart pump more blood with each contraction.

The COVID-19 pandemic is specifically affecting the healthcare sector. Owing to the rapid scarcity of resources in hospitals due to the amplifying number of COVID-19 cases, patients that are in need of treatment for diseases such as, cancer, cardiovascular disease, and diabetes, are not receiving the health services and medicines they need. Nations worldwide are struggling to identify the solutions to such challenges.

At Fortune Business Insights, we are analyzing such scenarios to find the right solutions and focus on delivering actionable insights through our comprehensive market reports.

Request a Sample Copy of the Research Report: 

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/intra-aortic-balloon-pumps-market-103341

Drivers & Restraints-

RisingInstances of Deaths Due to Cardiovascular Diseases to Drive Growth

The world is experiencing a rapid increase in the number of deaths due to heart related diseases. In a study conducted by the World Health Organization (WHO), it was found that cardiovascular diseases (CVDs) have become the top cause of death globally, responsible for taking nearly 17.9 million lives every year. This is expected to boost the demand for intra-aortic balloon pumps, which will ultimately drive the growth of the global intra-aortic balloon pumps market.

In addition, increasingtechnological advancements in the development of these pumps is expected to further drive growth. However, the high cost associated with intra-aortic balloon pumps is likelyto hinder growth.

Highlights of the Report:

While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included Study of core competencies of the key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market.

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

To get the short-term and long-term impact of COVID-19 on this Market.

Please visit: https://www.fortunebusinessinsights.com/intra-aortic-balloon-pumps-market-103341

Regional Insights-

Growing Prevalence of Heart-related Defects in North America to Help the Region Dominate

North America is anticipated to lead the global intra-aortic balloon pumps market owing to the growing prevalence of heart-related defects among people in the region. For instance, according to the American Academy of Family Physicians, the acute coronary syndromeaccounts for over 1.4 million hospital admissions every year in the U.S. This is expected to drive the growth of the intra-aortic balloon pumps market in the region.

The market in Europe is anticipatedto gain the largest share after North America. Increasinggeriatric population and frequent product launches by key players are the key factors projected to drive growth in the region.

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Competitive Landscape-

Key Players Focus on Technological Development of Pumps to Offer Better User Experience

The global market for intra-aortic balloon pumps comprises various multinational and local players that are consistently expanding the industry across various regions. They are focusing on launching their products in key markets in order to successfully expand their share. In addition, the prominent players are constantly aiming to deliver a better user experience of the product byintroducing technologically advanced pumps.

Industry Developments-

  • In July 2018, ANGIODROID Srl, an Italian manufacturer of medical technologies, announced the launch of CE Mark for Angiopulse, its first intra-aortic balloon pump device.
  • In May 2017, Teleflex Incorporated received the FDA clearance for ‘Arrow AC3 Optimus’, an intra-aortic balloon pump device.

A List of Key Manufacturers Operating in the Global Intra-aortic Balloon Pumps Market Report:

  • Teleflex Incorporated
  • ABIOMED Boston Scientific Corporation
  • Getinge AB
  • ZEON CORPORATION
  • MERA
  • Others

What are the key segments in the market?

By Indication

  • Unstable Angina
  • Myocardial Infarction
  • Chronic Heart Failure
  • Cardiogenic Shock
  • Other Heart Defects

By End User

  • Hospitals
  • Cardiac Care Centers
  • Others

By Geography

  • North America (USA, Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

    With tables and figures helping analyse worldwide Global intra-aortic balloon pumps Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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