Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. Cardiac assist devices are used to support the failing heart which cannot be managed with standard medical therapy. Mechanical Circulatory Support devices are devices which replace or assist the pumping function of the ventricles. GlobalData uses proprietary data and analytics to provide a comprehensive report on the mechanical circulatory support devices market in Russia. Buy the latest report here.
In 2022, GlobalData’s Market Model methodology determined that the leading player in the mechanical circulatory support devices market in Russia was Abbott Laboratories followed by Berlin Heart, Jarvik Heart, Medtronic, Syncardia Systems and Zelenograd Innovation and Technology Center.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Mechanical Circulatory Support devices support the functioning of a weak heart by pumping blood. They can be used as a bridge to transplantation, for destination therapy, or as a bridge to recovery postcardiotomy. External Ventricular Assist devices, Left Ventricular Assist devices and Total Artificial Heart are tracked in this segment. Extracorporeal membrane oxygenators and percutaneous devices are not covered here. An external/paracorporeal ventricular assist device is the device which has a pump placed outside the body. An implantable left ventricular assist device is a ventricular assist system intended for the treatment of end-stage heart failure. A Total Artificial Heart is a prosthetic device that is implanted into the body to replace the biological heart.
The mechanical circulatory support devices market in Russia can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size mechanical circulatory support devices in Russia, buy the report here.