Market Overview:
The global intra aortic counterpulsation device market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in IACD devices, and rising demand for minimally invasive procedures. Based on type, the global intra aortic counterpulsation device market is segmented into fiber optic type and ordinary type. The fiber optic type segment is expected to grow at a higher CAGR than the ordinary type segment during the forecast period from 2018 to 2030. This growth can be attributed to its advantages such as smaller size, less weight, and easy handling as compared with other types of IACDs. Based on application, the global intra aortic counterpulsation device market is divided into hospitals, cardiac care centers, and other applications.
Product Definition:
An intra aortic counterpulsation device, abbreviated IACD, is a medical device used to improve blood flow through the coronary arteries. The IACD is inserted into an artery in the leg and inflated. This inflates the balloon which then presses against the inside of the aorta causing it to contract. This contraction squeezes blood from the heart and sends it flowing out through the rest of your body.
Fiber Optic Type:
The global fiber optic type intra aortic counterpulsation device market size was valued at USD 4.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing prevalence of cardiovascular diseases, such as heart attack and stroke, globally is one of the key factors driving demand for intra-aortic balloon pumps (IABP).
Ordinary Type:
Intra aortic counterpulsation (IAP) is an innovative heart valve replacement therapy that involves the delivery of low-pressure pulses to the aorta, which helps in reducing the risk of stroke and coronary artery disease. The IAP device works by decreasing blood flow through the heart during each heartbeat. This reduces stress on the heart valves and lowers your chances of getting another stroke or cardiovascular event.
Application Insights:
Based on the application, the global intra aortic counterpulsation device market is segmented into hospitals, cardiac care centers and others. The hospitals segment dominated the overall market in terms of revenue in 2017 owing to increasing cases of aortic stenosis and other cardiovascular diseases that require IACVD for treatment. Moreover, this segment is expected to maintain its dominance over the forecast period due to factors such as favorable reimbursement policies by government agencies and private insurers coupled with rising awareness about IACVD among healthcare professionals.
The cardiac care centers (CCCs) application segment is expected to grow at a lucrative rate during the forecast period owing to increased adoption of CCCs for treating patients suffering from severe heart conditions or those who cannot undergo surgery due to location constraints at hospitals. Furthermore, these devices are also used as an alternative therapy for patients who cannot undergo surgical procedures due either geographical location or patient accessibility reasons at hospitals.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable healthcare infrastructure, high adoption of advanced technologies, and increasing demand for minimally invasive surgeries. Moreover, a growing number of studies have been undertaken to analyze the cost-effectiveness ratio associated with IABP devices. The results indicate that compared to other methods used for heart failure management such as medications or surgery, IABP is more economical and provides better outcomes at lower costs.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to factors such as improving healthcare facilities & infrastructure; rising prevalence of cardiac disorders; increase in government initiatives & programs; and increasing awareness about new treatment options among patients & physicians. In addition, an increase in medical tourism due to affordability offered by this region will also boost growth during the forecast period.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Growing geriatric population
- Rising demand for minimally invasive procedures
- Technological advancements in IACD devices
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Intra Aortic Counterpulsation Device Market Research Report
By Type
Fiber Optic Type, Ordinary Type
By Application
Hospitals, Cardiac Care Centers, Other
By Companies
Maquet (Getinge Group), Teleflex Incorporated
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Intra Aortic Counterpulsation Device Market Report Segments:
The global Intra Aortic Counterpulsation Device market is segmented on the basis of:
Types
Fiber Optic Type, Ordinary Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Cardiac Care Centers, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Maquet (Getinge Group)
- Teleflex Incorporated
Highlights of The Intra Aortic Counterpulsation Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fiber Optic Type
- Ordinary Type
- By Application:
- Hospitals
- Cardiac Care Centers
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intra Aortic Counterpulsation Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intra aortic counterpulsation (IAC) is a medical device that uses an electric current to help reduce blood pressure in the lower extremities. The device is inserted through the side of your ribcage and into your aorta, just below your heart. It delivers low-level electrical pulses to help decrease blood flow and pressure in the lower extremities.
Some of the key players operating in the intra aortic counterpulsation device market are Maquet (Getinge Group), Teleflex Incorporated.
The intra aortic counterpulsation device market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intra Aortic Counterpulsation Device Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intra Aortic Counterpulsation Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intra Aortic Counterpulsation Device Market - Supply Chain
4.5. Global Intra Aortic Counterpulsation Device Market Forecast
4.5.1. Intra Aortic Counterpulsation Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intra Aortic Counterpulsation Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intra Aortic Counterpulsation Device Market Absolute $ Opportunity
5. Global Intra Aortic Counterpulsation Device Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Type
5.3.1. Fiber Optic Type
5.3.2. Ordinary Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intra Aortic Counterpulsation Device Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Cardiac Care Centers
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intra Aortic Counterpulsation Device Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Intra Aortic Counterpulsation Device Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Intra Aortic Counterpulsation Device Demand Share Forecast, 2019-2026
9. North America Intra Aortic Counterpulsation Device Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Cardiac Care Centers
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Type
9.7.1. Fiber Optic Type
9.7.2. Ordinary Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Intra Aortic Counterpulsation Device Demand Share Forecast, 2019-2026
10. Latin America Intra Aortic Counterpulsation Device Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Cardiac Care Centers
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Type
10.7.1. Fiber Optic Type
10.7.2. Ordinary Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Intra Aortic Counterpulsation Device Demand Share Forecast, 2019-2026
11. Europe Intra Aortic Counterpulsation Device Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Cardiac Care Centers
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Type
11.7.1. Fiber Optic Tye
11.7.2. Ordinary Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Intra Aortic Counterpulsation Device Demand Share, 2019-2026
12. Asia Pacific Intra Aortic Counterpulsation Device Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Cardiac Care Centers
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Type
12.7.1. Fiber Optic Type
12.7.2. Ordinary Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Intra Aortic Counterpulsation Device Demand Share, 2019-2026
13. Middle East & Africa Intra Aortic Counterpulsation Device Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Cardiac Care Centers
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intra Aortic Counterpulsation Device Market Size and Volume Forecast by Type
13.7.1. Fiber Optic Type
13.7.2. Ordinary Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Intra Aortic Counterpulsation Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Intra Aortic Counterpulsation Device Market: Market Share Analysis
14.2. Intra Aortic Counterpulsation Device Distributors and Customers
14.3. Intra Aortic Counterpulsation Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Maquet (Getinge Group)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Teleflex Incorporated
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPANY3
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook