1. health and fitness

Global Market Study
on Intra-aortic
Balloon Pump: North
America to Hold High Revenue Share During 2017 - 2027
The overall intra-aortic balloon pump market is likely to be valued at nearly
US$ 361 million in 2017 and is expected to account for around US$ 472 million
by the end of 2027. The worldwide market is slated to exhibit 2.7% CAGR
throughout 2017 to 2027.
The factors creating numerous lucrative opportunities for the worldwide market
include,
• Growing incidences of coronary artery diseases
• Increased usage for the duration of cardiogenic shock
• Improved quality of health care
• Swelling partnerships
• Developing healthcare advancement
However, the factors impeding the growth of the overall market includes
• Adverse events such as deaths and injuries
• Product recalls for concerns upon patient safety
• Lacking healthcare infrastructure
The overall market is segmented into product type, indication, end user and
region.
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Forecast by product type
The worldwide market based on the product type is sub-segmented into
• Intra – Aortic Balloon Pump (IABP) Catheters
• Introducer Tray
• Intra – Aortic Balloon Pump (IABP) Console
In revenue terms, introducer tray and catheters are anticipated to retain major
market share near the end of the projection period. Simultaneously, the intraaortic balloon pump console segment is expected to witness a decline.
Forecast by Indication
On the basis of indication, the market is sub-segmented into
• Chronic Heart Failure
• Unstable Angina
• Coronary Artery Diseases
• Myocardial Infarction (NSTEMI)
The coronary artery diseases segment is likely to retain the maximum
market share in contrast to chronic heart failure segment during the
course of the forecast period.
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Forecast by end user
The end users of the intra-aortic balloon market are hospitals, independent
catherization labs and ambulatory surgical centers.
Forecast by region
• MEA
• North America
• Europe
• APAC
• Latin America
At present, North America remains the most lucrative market amid all regions
which is projected to be nearly US$ 133.7 million in revenues, exhibiting a
CAGR of 2.9% for the projection period. The European market is likely to
remain the second largest market by 2027. However, APAC region will remain
the third lucrative market account for nearly 19% revenue share because of
swelling demand for intra-aortic balloon pump. The MEA region is likely to be
the least productive market in terms of revenue.
The key companies functional in overall intra-aortic balloon market include,
• Insightra Medical, Inc.
• SENKO MEDICAL INSTRUMENT Mfg. CO. LTD.
•
•
•
•
•
Zeon Corporation
MAQUET Holding B.V. & Co. KG. (Getinge Group)
Tokai Medical Products Inc.
InterValve Inc.
Teleflex Corporation
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