North America Cardiac Assist Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Cardiac Assist Devices Market Analysis

Continuous rapid advancements in the assist devices technologies and the novel applications of the existing treatments have led to an increase in the demand for cardiac assist devices. Other factors responsible for the market growth are lack of donor's hearts for transplantation, aging population, and increasing heart diseases. These factors are leading to an increase in the usage of cardiac assist devices implantations in patients with severe heart complications. As per the report from the American Heart Association on heart disease and stroke, in 2017, approximately 800,000 deaths were caused due to cardiovascular diseases. However, the availability of alternative treatments, like pacemakers, and the risk associated with device implantation are likely to impede the market for cardiac assist devices.

North America Cardiac Assist Devices Market Trends

This section covers the major market trends shaping the North America Cardiac Assist Devices Market according to our research experts:

Total Artificial Hearts Segment Dominates the North American Cardiac Assist Devices Market

North America Cardiac Assist Devices Industry Segmentation

As per the scope of the report, assist devices are defined as the type of mechanical pumps that work along with the heart, to improve the 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. They are of three types, namely, ventricular assist devices, intra-aortic balloon pumps (IABPs), and the total artificial heart.