Intra Aortic Balloon Pumps Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0073859
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 7.81 |
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Intra-Aortic Balloon Pumps Market Analysis Report 2023-2032
The Intra-Aortic Balloon Pumps Market is projected to experience a Compound Annual Growth Rate (CAGR) of 7.92% between 2022 and 2032. Over this period, the market size is anticipated to increase by USD 6,254.78 million. Several factors contribute to the growth of this market, including the rising prevalence of cardiovascular diseases, advancements in medical technology, and the increasing aging population. Intra-aortic balloon pumps (IABPs) play a crucial role in providing temporary circulatory support to patients with severe heart conditions.
Intra-Aortic Balloon Pumps Market Overview
Drivers
One of the primary drivers propelling the growth of the Intra-Aortic Balloon Pumps Market is the increasing prevalence of cardiovascular diseases. Heart-related ailments, such as coronary artery disease and heart failure, remain a leading cause of mortality worldwide. IABPs are utilized to provide mechanical circulatory support and assist the heart in pumping blood in patients with compromised cardiac function. With the rising incidence of heart conditions, the demand for IABPs is on the rise.
Additionally, advancements in medical technology have led to the development of more efficient and user-friendly IABPs. These devices offer better patient outcomes, reduced complications, and improved ease of use for healthcare professionals.
Trends
A noteworthy trend shaping the Intra-Aortic Balloon Pumps Market is the miniaturization and portability of IABPs. Traditional IABPs were bulky and restricted patient mobility. However, the market is witnessing the emergence of compact and portable IABP devices that allow patients to move around more freely while receiving circulatory support. This trend contributes to enhanced patient comfort and recovery.
Furthermore, the integration of wireless and remote monitoring capabilities in IABPs is gaining prominence. These features enable healthcare providers to remotely monitor patient data, adjust pump settings, and respond promptly to changes in a patient's condition. Remote monitoring enhances patient care and reduces the need for continuous bedside presence.
Restraints
One of the significant challenges hindering the growth of the Intra-Aortic Balloon Pumps Market is the high cost associated with these devices. IABPs are sophisticated medical devices that require precision engineering and manufacturing. Additionally, the need for skilled healthcare professionals to operate and manage IABPs adds to the overall cost of treatment. This cost factor can limit the accessibility of IABP therapy to some patients and healthcare facilities.
Moreover, the market faces competition from alternative treatment options for cardiovascular diseases, such as medication, percutaneous coronary interventions, and heart transplantation. The choice of treatment depends on factors like the severity of the condition, patient-specific considerations, and cost-effectiveness.
Intra-Aortic Balloon Pumps Market Segmentation By Application
The acute coronary syndrome segment is expected to be a significant growth area in the Intra-Aortic Balloon Pumps Market. IABPs are commonly used to provide circulatory support to patients with acute myocardial infarction (heart attack) and unstable angina. These conditions require rapid intervention to improve blood flow to the heart and reduce the risk of complications.
Intra-Aortic Balloon Pumps Market Segmentation By Type
The balloon inflation and deflation segment is expected to witness significant growth during the forecast period. This function is the core feature of IABPs, where a balloon catheter is inserted into the aorta and inflated during diastole to improve coronary artery perfusion and deflated during systole to reduce afterload on the heart.
Regional Overview:
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Request pdf SampleNorth America is anticipated to contribute significantly to the global Intra-Aortic Balloon Pumps Market growth during the forecast period. The region has a high prevalence of cardiovascular diseases, a well-established healthcare infrastructure, and a growing aging population. Ongoing research and development activities in the field of cardiology and medical device technology support market growth in North America.
Intra-Aortic Balloon Pumps Market Customer Landscape
The Intra-Aortic Balloon Pumps Market report provides insights into the adoption lifecycle of the market, spanning from early adopters to laggards. It analyzes adoption rates across different regions based on penetration levels. The report also delves into key purchase criteria and factors influencing price sensitivity, aiding healthcare providers and institutions in devising effective growth strategies.
Major Intra-Aortic Balloon Pumps Market Companies
Companies operating in the Intra-Aortic Balloon Pumps Market are implementing diverse strategies to enhance their market presence. These strategies include technological innovations, partnerships with healthcare institutions, product/service launches, geographical expansion, and mergers and acquisitions.
Sample list of major companies in the market:
- Maquet Holding B.V. & Co. KG (a subsidiary of Getinge AB)
- Teleflex Incorporated
- Arrow International (a subsidiary of Teleflex Incorporated)
- Becton, Dickinson and Company
- Zeon Corporation
- Medtronic plc
- Tokai Medical Products Inc.
- Datascope Corp. (a subsidiary of Getinge AB)
- CalMed Laboratories Inc.
- Advanced Perfusion Care Inc.
Qualitative and quantitative analyses of these companies provide insights into the competitive landscape, allowing stakeholders to understand market dynamics and assess the strengths and weaknesses of key players. The analysis categorizes companies based on their focus and dominance within the market, offering a comprehensive view of the competitive environment.
Segment Overview
The Intra-Aortic Balloon Pumps Market report offers revenue forecasts on a global, regional, and country level, along with an analysis of trends and growth opportunities from 2019 to 2032.
Application Outlook (USD Million, 2019 - 2032)
- Acute Coronary Syndrome
- Cardiogenic Shock
- Myocardial Infarction
- Others
Type Outlook (USD Million, 2019 - 2032)
- Balloon Inflation and Deflation
- Fiber-optic IABPs
- Others
Geography Outlook (USD Million, 2019 - 2032)
- North America
- United States
- Canada
- Europe
- United Kingdom
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- United Arab Emirates
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1 Overview of Intra-Aortic Balloon Pumps
1.1 Definition of Intra-Aortic Balloon Pumps in This Report
1.2 Commercial Types of Intra-Aortic Balloon Pumps
1.2.1 Catheters
1.2.2 Introducer
1.3 Downstream Application of Intra-Aortic Balloon Pumps
1.3.1 Catherization Labs
1.3.2 Hospital
1.4 Development History of Intra-Aortic Balloon Pumps
1.5 Market Status and Trend of Intra-Aortic Balloon Pumps 2014-2026
1.5.1 Global Intra-Aortic Balloon Pumps Market Status and Trend 2014-2026
1.5.2 Regional Intra-Aortic Balloon Pumps Market Status and Trend 2014-2026
Chapter 2 Global Market Status and Forecast by Regions
2.1 Market Development of Intra-Aortic Balloon Pumps 2013-2017
2.2 Production Market of Intra-Aortic Balloon Pumps by Regions
2.2.1 Production Volume of Intra-Aortic Balloon Pumps by Regions
2.2.2 Production Value of Intra-Aortic Balloon Pumps by Regions
2.3 Demand Market of Intra-Aortic Balloon Pumps by Regions
2.4 Production and Demand Status of Intra-Aortic Balloon Pumps by Regions
2.4.1 Production and Demand Status of Intra-Aortic Balloon Pumps by Regions 2013-2017
2.4.2 Import and Export Status of Intra-Aortic Balloon Pumps by Regions 2013-2017
Chapter 3 Global Market Status and Forecast by Types
3.1 Production Volume of Intra-Aortic Balloon Pumps by Types
3.2 Production Value of Intra-Aortic Balloon Pumps by Types
3.3 Market Forecast of Intra-Aortic Balloon Pumps by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
4.1 Demand Volume of Intra-Aortic Balloon Pumps by Downstream Industry
4.2 Market Forecast of Intra-Aortic Balloon Pumps by Downstream Industry
Chapter 5 Market Driving Factor Analysis of Intra-Aortic Balloon Pumps
5.1 Global Economy Situation and Trend Overview
5.2 Intra-Aortic Balloon Pumps Downstream Industry Situation and Trend Overview
Chapter 6 Intra-Aortic Balloon Pumps Market Competition Status by Major Manufacturers
6.1 Production Volume of Intra-Aortic Balloon Pumps by Major Manufacturers
6.2 Production Value of Intra-Aortic Balloon Pumps by Major Manufacturers
6.3 Basic Information of Intra-Aortic Balloon Pumps by Major Manufacturers
6.3.1 Headquarters Location and Established Time of Intra-Aortic Balloon Pumps Major Manufacturer
6.3.2 Employees and Revenue Level of Intra-Aortic Balloon Pumps Major Manufacturer
6.4 Market Competition News and Trend
6.4.1 Merger, Consolidation or Acquisition News
6.4.2 Investment or Disinvestment News
6.4.3 New Product Development and Launch
Chapter 7 Intra-Aortic Balloon Pumps Major Manufacturers Introduction and Market Data
7.1 Teleflex
7.1.1 Company profile
7.1.2 Representative Intra-Aortic Balloon Pumps Product
7.1.3 Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of Teleflex
7.2 MAQUET
7.2.1 Company profile
7.2.2 Representative Intra-Aortic Balloon Pumps Product
7.2.3 Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of MAQUET
7.3 Zeon
7.3.1 Company profile
7.3.2 Representative Intra-Aortic Balloon Pumps Product
7.3.3 Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of Zeon
7.4 Tokai Medical
7.4.1 Company profile
7.4.2 Representative Intra-Aortic Balloon Pumps Product
7.4.3 Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of Tokai Medical
7.5 SENKO MEDICAL
7.5.1 Company profile
7.5.2 Representative Intra-Aortic Balloon Pumps Product
7.5.3 Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of SENKO MEDICAL
7.6 InterValve
7.6.1 Company profile
7.6.2 Representative Intra-Aortic Balloon Pumps Product
7.6.3 Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of InterValve
7.7 Insightra Medical
7.7.1 Company profile
7.7.2 Representative Intra-Aortic Balloon Pumps Product
7.7.3 Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of Insightra Medical
Chapter 8 Upstream and Downstream Market Analysis of Intra-Aortic Balloon Pumps
8.1 Industry Chain of Intra-Aortic Balloon Pumps
8.2 Upstream Market and Representative Companies Analysis
8.3 Downstream Market and Representative Companies Analysis
Chapter 9 Cost and Gross Margin Analysis of Intra-Aortic Balloon Pumps
9.1 Cost Structure Analysis of Intra-Aortic Balloon Pumps
9.2 Raw Materials Cost Analysis of Intra-Aortic Balloon Pumps
9.3 Labor Cost Analysis of Intra-Aortic Balloon Pumps
9.4 Manufacturing Expenses Analysis of Intra-Aortic Balloon Pumps
Chapter 10 Marketing Status Analysis of Intra-Aortic Balloon Pumps
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
Chapter 11 Report Conclusion
Chapter 12 Research Methodology and Reference
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Reference
List of Tables
Table Advantage and Disadvantage of Catheters
Table Advantage and Disadvantage of Introducer
Table Production Volume of Intra-Aortic Balloon Pumps by Regions 2013-2017
Table Production Value of Intra-Aortic Balloon Pumps by Regions 2013-2017
Table Demand Volume of Intra-Aortic Balloon Pumps by Regions 2013-2017
Table Production and Demand Status of Intra-Aortic Balloon Pumps in Region One 2013-2017
Table Production and Demand Status of Intra-Aortic Balloon Pumps in Region Two 2013-2017
Table Production and Demand Status of Intra-Aortic Balloon Pumps in Region Three 2013-2017
Table Production and Demand Status of Intra-Aortic Balloon Pumps in Region Four 2013-2017
Table Import Volume of Intra-Aortic Balloon Pumps by Regions 2013-2017
Table Export Volume of Intra-Aortic Balloon Pumps by Regions 2013-2017
Table Production Volume of Intra-Aortic Balloon Pumps by Types 2013-2017
Table Production Value of Intra-Aortic Balloon Pumps by Types 2013-2017
Table Production Volume Forecast of Intra-Aortic Balloon Pumps by Types 2018-2023
Table Production Value Forecast of Intra-Aortic Balloon Pumps by Types 2018-2023
Table Demand Volume of Intra-Aortic Balloon Pumps by Downstream Industry 2013-2017
Table Demand Volume Forecast of Intra-Aortic Balloon Pumps by Downstream Industry 2018-2023
Table Production Volume of Intra-Aortic Balloon Pumps by Major Manufacturers 2013-2017
Table Production Value of Intra-Aortic Balloon Pumps by Major Manufacturers 2013-2017
Table Headquarters Location and Established Time of Intra-Aortic Balloon Pumps Major Manufacturer
Table Employees and Revenue Level of Intra-Aortic Balloon Pumps Major Manufacturer
Table Representative Intra-Aortic Balloon Pumps Product One of Teleflex
Table Representative Intra-Aortic Balloon Pumps Product Two of Teleflex
Table Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of Teleflex 2013-2017
Table Representative Intra-Aortic Balloon Pumps Product One of MAQUET
Table Representative Intra-Aortic Balloon Pumps Product Two of MAQUET
Table Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of MAQUET 2013-2017
Table Representative Intra-Aortic Balloon Pumps Product One of Zeon
Table Representative Intra-Aortic Balloon Pumps Product Two of Zeon
Table Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of Zeon 2013-2017
Table Representative Intra-Aortic Balloon Pumps Product One of Tokai Medical
Table Representative Intra-Aortic Balloon Pumps Product Two of Tokai Medical
Table Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of Tokai Medical 2013-2017
Table Representative Intra-Aortic Balloon Pumps Product One of SENKO MEDICAL
Table Representative Intra-Aortic Balloon Pumps Product Two of SENKO MEDICAL
Table Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of SENKO MEDICAL 2013-2017
Table Representative Intra-Aortic Balloon Pumps Product One of InterValve
Table Representative Intra-Aortic Balloon Pumps Product Two of InterValve
Table Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of InterValve 2013-2017
Table Representative Intra-Aortic Balloon Pumps Product One of Insightra Medical
Table Representative Intra-Aortic Balloon Pumps Product Two of Insightra Medical
Table Intra-Aortic Balloon Pumps Sales, Revenue, Price and Gross Margin of Insightra Medical 2013-2017
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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