The Role of Heart Pump Devices in Treating Heart Failure: An In-depth Analysis
The Global Heart Pump Device Market in terms of revenue was estimated to be worth $2.1 billion in 2021 and is poised to reach $5.5 billion in 2026, growing at a CAGR of 21.6% from 2021 to 2026. Promising product pipeline, increasing number of product approvals and emerging markets are expected to offer growth opportunities in the market during the forecast period.
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Growth in Heart Pump Device Market as Huge Gap Between the Demand and Supply of Donor Hearts
Growth Factors Driving the Market: The increasing investments, funds, and grants for research on heart failure treatment; rising prevalence of cardiovascular diseases; long waiting periods for heart transplants; favorable reimbursements for heart pump devices; and increasing obesity are expected to offer growth opportunities in the market during the forecast period.
The heart pump devices...