Intra-Aortic Balloon Pump (IABP) Market: Introduction
The mechanically assisted circulatory device known as the intra-aortic balloon pump, or IABP for short, is being utilised extensively in clinical settings. The distal end of the left subclavian artery opening in the descending aorta receives a catheter with a balloon implanted in the arterial system. The blood in the aorta may experience phasic fluctuations as a result of the filling, expanding, and emptying associated with the cardiac cycle, which may serve to mechanically aid the circulation of a cardiac catheter treatment approach. It can improve heart function by decreasing aortic impedance, raising aortic diastolic pressure, increasing oxygen supply, and decreasing myocardial oxygen consumption.
Overview
The market for intra-aortic balloon pumps is predicted to increase from roughly US$ 361 million in 2017 to roughly US$ 472 million by the end of 2027. Over the predicted period of 2017–2027, this represents a CAGR of 2.7%. The global market for intra-aortic balloon pumps offers a US$ 10.9 million absolute dollar opportunity over 2017 and a US$ 111 million incremental opportunity between 2017 and 2027.Technology improvements, particularly in the healthcare industry, have gained millions of people’s trust by producing good results across a variety of departments. Due to these, more people are choosing modern treatments over outdated ones, which has increased the need for intra-aortic balloon pumps. An increase in the number of pharmaceutical companies globally has aided the market’s expansion. One of the key factors driving the expansion of the worldwide intra-aortic balloon pump market is the rise in cardiovascular disease cases. The intra-aortic balloon pump is being promoted over the world thanks to innovation in various sizes of the device based on patients’ height.
Dynamics
The global intra-aortic balloon pump (IABP) market is anticipated to increase significantly in the ensuing years due to a number of variables that support market expansion. A rising number of pharmaceutical companies, rising investments in R&D activities to develop safer and more affordable catheters and consoles, favourably changing global healthcare infrastructure, rising prevalence of cardiovascular diseases, increasing cases of coronary artery diseases like unstable angina and myocardial infarction, growing obese population, increasing lifestyle disorders, and The need for sophisticated intra-aortic balloon pumps to reduce the negative side effects associated
For More Insights, Download a Free Sample Copy of Intra-Aortic Balloon Pump (IABP)
Segmentation Analysis of Global Intra-Aortic Balloon Pump (IABP) Market Market
Based on type
- Fiber Optic Type
- Ordinary Type
Based on application
- Hospitals
- Cardiac Care Centers
Competitive Landscape
- Maquet (Getinge Group)
- Teleflex Incorporated
Major questions answered in this report
- What is the driving factor for the growth of the Intra-Aortic Balloon Pump (IABP) market?
- How will the COVID-19 pandemic impact the demand and consumption of the Intra-Aortic Balloon Pump (IABP) market?
- What is the major application area of the Intra-Aortic Balloon Pump (IABP) market?
- Who are the Intra-Aortic Balloon Pump (IABP) manufacturers across the globe?
- Which geographical location is dominant in the Intra-Aortic Balloon Pump (IABP) market?
- Which are the top industry players in this?
For More Details, Visit Our Intra-Aortic Balloon Pump (IABP) Market Report Page
Key takeaways from the report
intra-aortic balloon pumps is predicted to increase from roughly US$ 361 million in 2017 to roughly US$ 472 million by the end of 2027. Over the predicted period of 2017–2027, this represents a CAGR of 2.7%.
The effect of COVID-19
As a result of the advent of cutting-edge medical treatments and rising internet usage, healthcare companies are currently operating in a dynamic environment that is undergoing seismic shifts. This has smart patients being more cautious, along with unmatched online access to astonishing amounts of knowledge. As a result, there is a growing need for intelligent, reasonably priced, and customised healthcare services. The COVID-19 epidemic has also increased demand for healthcare and related goods and services, boosting the performance of the healthcare sector as a whole.
We provide information in our personalised reports that is catered to the particular requirements of all the significant stakeholders. Our reports included market analyses that gave our clients relevant information on the market’s size, present competition, and other elements. Additionally, reports evaluate the impact of common
About Us:
The healthcare industry is surely facing disruptions with global economies giving high importance to individual health. In this scenario, we expect our clients to get deep insights to power their innovations in the right direction. We have been keeping a close watch on the changes and modifications happening in the healthcare domain. As per our understanding, these alterations are active and unexampled
Contact US
Healthcare Market Reports
99 WALL STREET, #2124 NEW YORK, NY 10005
sales@healthcaremarketreports.com
+1(929)-450-2887