Report ID: SQMIG35A2966
Report ID:
SQMIG35A2966 |
Region:
Global |
Published Date: November, 2024
Pages:
212
|
Tables:
118 |
Figures:
68
North America is expected to spearhead the global demand for ventricular assist devices across the study period. High healthcare expenditure and availability of advanced ventricular assist devices are primarily helping this region maintain its dominant stance in the global landscape. High availability of favorable reimbursement policies, growing incidence of cardiovascular disorders, rising obesity rates, and expanding geriatric population are other factors that could uplift sales of ventricular assist devices in this region. Canada and the United States are anticipated to be the most opportune markets for ventricular assist device companies in the North American region going forward.
Rapidly increasing senescent population and growing investments in healthcare infrastructure development are helping the Asia Pacific region become the fastest-growing market for ventricular assist device providers over the coming years. India, China, and Japan are slated to witness a robust hike in the demand for ventricular assist devices across the study period and beyond. Low costs of manufacturing and supportive government initiatives to promote medical device manufacturing are also expected to support ventricular assist devices market development in this region.
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Report ID: SQMIG35A2966