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US Markets for Cardiac Assist Devices
US markets for cardiac assist devices
Millennium Research Group, A Decision Resources, Inc. Company

In 2004, the US cardiac assist device market, comprising ventricular assist devices (VADs), intra-aortic balloon pumps (IABPs), external counterpulsation (ECP) devices, and artificial heart replacement (AHR) devices, generated in excess of $245 million in revenues, as displayed in Exhibit 6.43. Over the forecast period, total market revenues will increase at a compound annual growth rate (CAGR) close to 10%, driven by moderate growth in the established VAD and IABP markets. Revenue growth in all market segments covered in this report will drive the total market to over $350 million in sales by 2009.

The cardiac assist device market will be somewhat limited by the established presence of alternative ...

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