Short Term Mechanical Circulatory Market Size By Product, By Therapy, By End-User, By Geography and Forecast
Report Highlights
Short Term Mechanical Circulatory Support Device Market Analysis
Short Term Mechanical Circulatory Support Device Market was valued at USD 1.65 Billion in 2019 and is projected to reach USD 3.67 Billion by 2027, growing at a CAGR of 10.61% from 2020 to 2027.
Global Short Term Mechanical Circulatory Support Device Market Overview
Increasing the prevalence of cardiovascular diseases (CVDs) is among the key drivers of the market that is stimulating the demand for short-term mechanical circulatory support device market. Obesity, inactive lifestyle, and high blood pressure are a few risk factors for the high prevalence of CVDs, such as coronary artery diseases, ischemic heart diseases, and myocardial infections. According to the World Health Organization (WHO), CVDs are one of the leading causes of death globally. The geriatric population is the most vulnerable to cardiovascular diseases among the varying age groups. Healthcare professionals are progressively recommending the implantation of short term mechanical circulatory support devices in patients having congestive heart failure disorder.
Global Short Term Mechanical Circulatory Support Device Market: Segmentation Analysis
The Global Short Term Mechanical Circulatory Support Device Market is segmented on the basis of Product, Therapy, End-User, and Geography.
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