According to GlobalData’s medical device pipeline database, 271 Cardiac Assist Devices devices are in various stages of development globally. GlobalData’s report Cardiac Assist Devices provides an overview of the segment’s pipeline landscape and offers detailed analysis of its products. Buy the report here.
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Of these devices, 154 are in active development, while the remaining 125 are in an inactive stage of development. There are 100 products in the early stages of development, and the remaining 54 are in the late stages of development.
Cardiac assist devices are used to support the failing heart which cannot be managed with standard medical therapy. Cardiac assist devices can be used for both short term and long-term purposes allowing the heart to rest long enough so that it can return to normal. Cardiac assist devices include Short-Term Circulatory Support Devices, Intra-Aortic Balloon Pumps, Mechanical Circulatory Support Devices, and Cardiopulmonary Bypass Equipment.
Innovations in the medical devices sector are linked to the development of new approaches, processes, or technologies for treating, diagnosing, and managing disease in response to demand from healthcare for better patient outcomes and reduce healthcare costs.
Based on an analysis of GlobalData’s Medical Intelligence Center pipeline product database, these actively developed Cardiac Assist Devices pipeline devices are all expected to be approved within the next ten years.
Currently, private organizations, public entities and institutions are working on the development of Cardiac Assist Devices devices. Overall, most of these Cardiac Assist Devices pipeline devices are being developed by private entities.
Key players involved in the active development of Cardiac Assist Devices include HeartWare International, CorInnova, Abiomed, MicroPort Scientific, Thoratec, Syncardia Systems, CVD Equipment, Scandinavian Real Heart, Shanghai Xinhengrui Medical Technology and Sree Chitra Tirunal Institute for Medical Sciences & Technology.
For a complete picture of the developmental pipeline for Cardiac Assist Devices devices, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. The Pipeline Products database is a is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
