Europe Percutaneous Mechanical Circulatory Support Devices Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product (Intra-Aortic Balloon Pumps, VA-Extracorporeal Membrane Oxygenators (ECMO), and Short-Term Ventricular Assist Devices); End User (Hospitals, Ambulatory Surgical Centers, and Others); and Country
The Europe percutaneous mechanical circulatory support devicesmarketis expected to reach US$ 1,199.73 million by 2027 from US$ 456.23 million in 2019;it is estimated to grow at a CAGR of 13.1% from 2020 to 2027.
Therising geriatric population, increasing prevalence of cardiovascular diseases and shortage of heart donorsare the key factors driving the growth of percutaneous mechanical circulatory support devices. However,high costs of these devices and procedures associated with them as well as product recalls, and impact of COVID-19 pandemic on medical device industryis the major factor hindering the market growth in Europe.
Percutaneous mechanical circulatory support devices market offers an effective and rapid approach to slow the downward spiral of hemodynamic instability among patients suffering with decompensated heart failures and cardiogenic shocks till a more definitive strategy is perceived among patients to recover from these cardiac ailments. The major roles of the percutaneous mechanical circulatory support devices include improving the native cardiac output, reducing ventricular volume and filling pressures, augmenting coronary perfusion, and maintaining vital organ perfusion.
Heart disease is the leading cause of death for people in Europe. According to the Centers for Disease Control and Prevention (CDC), in 2016 Cardiovascular disease (CVD) causes more than half of all deaths across the European Union Region. CVD causes 46 times the number of deaths and 11 times the disease burden caused by AIDS, malaria and tuberculosis combined in Europe. 80% of premature heart disease and stroke is preventable in natrure. The Centers for Disease Control and Prevention (CDC) reports that about half of people who develop heart failure die within five years of diagnosis.
Various research studies show that improvements and experience with percutaneous mechanical circulatory support may offer the prospect of better outcomes. Thus, the high prevalence of cardiovascular diseases that majorly includes heart failure conditions rising across European region to which mechanical circulatory devices have emerged as potential solutions for patients’ treatment is likely to boost the growth of the percutaneous mechanical circulatory support devices market.
The chronic shortage of heart donors has also led to extend the age limits of donors in certain areas. Thus, the solution to this shortage of heart donors served by the temporarily used percutaneous mechanical circulatory support devices that are also helpful in long-term support for patients suffering from heart failures is likely to be adopted at higher rates in the coming years.
Among all European countries, Spain, Italy, Germany, France, and the UK are most affected due to the increasing number of COVID-19 cases and deaths associated with it. For instance, the outbreak of the COVID-19 pandemic across the in Germany and Spain has resulted in the frozen production of various medical devices. As various hospitals and healthcare organizations are struggling with the spread of disease, various medical device companies have diverted their focus in producing personal protection equipment. Therefore, it expected that the market for the percutaneous mechanical circulatory support devices would witness slow growth in the coming one or two years.
Rest of Europe Percutaneous Mechanical Circulatory Support DevicesMarket,Revenue and Forecast to 2027 (US$ Mn)
EUROPEPERCUTANEOUS MECHANICAL CIRCULATORY SUPPORT DEVICES MARKET SEGMENTATION
By Product
- Intra-Aortic Balloon Pumps
- VA-Extracorporeal Membrane Oxygenation (ECMO)
- Short-Term Ventricular Assist Devices (VADs)
- Impella
- Tandem Heart
By End User
- Hospitals
- Ambulatory Surgical Centers
- Others
By Country
- Germany
- UK
- France
- Italy
- Spain
Company Profiles
- Getinge AB
- Livanova Plc (Cardiacassist, Inc)
- Eurosets
- Berlin Heart
- CardiobridgeGmbh
- Medtronic
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Percutaneous mechanical circulatory support devices Market – By Product
1.3.2 Europe Percutaneous mechanical circulatory support devices Market– By End User
1.3.3 Europe Percutaneous mechanical circulatory support devices Market – By Country
2. Europe Percutaneous Mechanical Circulatory Support Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Percutaneous Mechanical Circulatory Support Devices Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.3 Expert Opinion
5. Europe Percutaneous Mechanical Circulatory Support Devices Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising Geriatric Population
5.1.2 Increasing Prevalence of Cardiovascular Diseases & Heart Failures
5.1.3 Shortage of Heart Donors
5.2 Key Market Restraints
5.2.1 Product Recalls
5.2.2 High Cost of Products and Procedures
5.2.3 Impact of COVID-19 Pandemic on Medical Device Industry
5.3 Key Market Opportunity
5.3.1 Growing Healthcare Market
5.4 Market Trend
5.4.1 Consolidation in the Market
5.5 Impact Analysis
6. Percutaneous Mechanical Circulatory Support Devices Market – Europe Analysis
6.1 Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue Forecasts and Analysis
7. Europe Percutaneous Mechanical Circulatory Support Devices Market Analysis and Forecasts To 2027 – By Type
7.1 Overview
7.2 Europe Percutaneous Mechanical Circulatory Support Devices Market, By Type 2019 & 2027 (%)
7.2.1 Europe Percutaneous mechanical circulatory support devices Market Revenue and Forecasts to 2027, By Type (US$ Mn)
7.3 Intra-Aortic Balloon Pumps Market
7.3.1 Overview
7.3.2 Europe Intra-Aortic Balloon Pumps Market Revenue and Forecast to 2027 (US$ Mn)
7.4 VA-Extracorporeal Membrane Oxygenation (ECMO) Market
7.4.1 Overview
7.4.1.1 Europe VA-Extracorporeal Membrane Oxygenation (ECMO) Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Short Term Ventricular Assist Devices Market
7.5.1 Overview
7.5.2 Europe Short Term Ventricular Assist Devices Market Revenue and Forecast to 2027 (US$ Mn)
7.5.3 Impella Market
7.5.3.1 Overview
7.5.3.2 Europe Impella Market Revenue and Forecast to 2027 (US$ Mn)
7.5.4 Tandem Heart Market
7.5.4.1 Overview
7.5.4.2 Europe Tandem Heart Market Revenue and Forecasts to 2027 (US$ Mn)
8. Europe Percutaneous Mechanical Circulatory Support Devices Market Analysis – By End-User
8.1 Overview
8.2 Europe Percutaneous Mechanical Circulatory Support Devices Market, By End-User 2019-2027 (%)
8.2.1 Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue and Forecasts to 2027, By End-User (US$ Mn)
8.3 Hospitals Market
8.3.1 Overview
8.3.2 Europe Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Ambulatory Surgical Centers Market
8.4.1 Overview
8.4.2 Europe Ambulatory Surgical Centers Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Others Market
8.5.1 Overview
8.5.2 Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
9. Percutaneous Mechanical Circulatory Support Devices Market Revenue and Forecasts To 2027 – Geographical Analysis
9.1 Overview
9.2 Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
9.3 Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By Product (US$ Mn)
9.3.1 Europe Short Term Ventricular Assist Devices Market Revenue And Forecast to 2027, By Type (US$ Mn)
9.3.2 Europe Percutaneous mechanical circulatory support devices market Revenue And Forecast to 2027, By End user (US$ Mn)
9.4 Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By Country (%)
9.5 Germany Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
9.5.1 Germany Percutaneous Mechanical Circulatory Support Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.5.2 Germany Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By Product (US$ Mn)
9.5.2.1 Germany Short Term Ventricular Assist Devices Market Revenue And Forecast to 2027, By Type (US$ Mn)
9.5.3 Germany Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By End user (US$ Mn)
9.6 France Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
9.6.1 France Percutaneous Mechanical Circulatory Support Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.6.2 France Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By Product (US$ Mn)
9.6.2.1 France Short Term Ventricular Assist Devices Market Revenue And Forecast to 2027, By Type (US$ Mn)
9.6.3 France Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By End user (US$ Mn)
9.7 UK Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
9.7.1 UK Percutaneous Mechanical Circulatory Support Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.7.2 UK Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By Product (US$ Mn)
9.7.2.1 UK Short Term Ventricular Assist Devices Market Revenue And Forecast to 2027, By Type (US$ Mn)
9.7.3 UK Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By End user (US$ Mn)
9.8 Spain Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
9.8.1 Spain Percutaneous Mechanical Circulatory Support Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.8.2 Spain Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By Product (US$ Mn)
9.8.2.1 Spain Short Term Ventricular Assist Devices Market Revenue And Forecast to 2027, By Type (US$ Mn)
9.8.3 Spain Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By End User (US$ Mn)
9.9 Italy Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
9.9.1 Italy Percutaneous Mechanical Circulatory Support Devices Market Revenue and Forecast to 2027 (US$ Mn)
9.9.2 Italy Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By Product (US$ Mn)
9.9.2.1 Italy Short Term Ventricular Assist Devices Market Revenue And Forecast to 2027, By Type (US$ Mn)
9.9.3 Italy Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast to 2027, By End User (US$ Mn)
10. Impact of COVID-19 Pandemic on Europe Percutaneous Mechanical Circulatory Support Devices Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Getinge AB
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 Product Portfolio
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Livanova Plc (Cardiacassist, Inc)
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 Product Portfolio
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Eurosets
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 Product Portfolio
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Berlin Heart
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 Product Portfolio
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Cardiobridge Gmbh
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Information
11.5.4 Product Portfolio
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Medtronic
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 Product Portfolio
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Total Number Of Persons Aged 60 Years Or Above By Region, 2017 & 2050
Table 2. Europe Percutaneous mechanical circulatory support devices Market Revenue and Forecasts To 2027, By Type (US$ Mn)
Table 3. Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue and Forecasts To 2027, By End-User (US$ Mn)
Table 4. Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By Product (US$ Mn)
Table 5. Europe Short Term Ventricular Assist Devices Market Revenue And Forecast To 2027, By Type (US$ Mn)
Table 6. Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By End User (US$ Mn)
Table 7. Germany Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By Product (US$ Mn)
Table 8. Germany Short Term Ventricular Assist Devices Market Revenue And Forecast To 2027, By Type (US$ Mn)
Table 9. Germany Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By End User (US$ Mn)
Table 10. France Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By Product (US$ Mn)
Table 11. France Short Term Ventricular Assist Devices Market Revenue And Forecast To 2027, By Type (US$ Mn)
Table 12. France Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By End User (US$ Mn)
Table 13. UK Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By Product (US$ Mn)
Table 14. UK Short Term Ventricular Assist Devices Market Revenue And Forecast To 2027, By Type (US$ Mn)
Table 15. UK Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By End User (US$ Mn)
Table 16. Spain Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By Product (US$ Mn)
Table 17. Spain Short Term Ventricular Assist Devices Market Revenue And Forecast To 2027, By Type (US$ Mn)
Table 18. Spain Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By End User (US$ Mn)
Table 19. Italy Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By Product (US$ Mn)
Table 20. Italy Short Term Ventricular Assist Devices Market Revenue And Forecast To 2027, By Type (US$ Mn)
Table 21. Italy Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By End User (US$ Mn)
Table 22. Glossary of Terms, Percutaneous Mechanical Circulatory Support Devices Market
LIST OF FIGURES
Figure 1. Percutaneous Mechanical Circulatory Support Devices Market Segmentation
Figure 2. Europe Percutaneous Mechanical Circulatory Support Devices Market Overview
Figure 3. Intra-Aortic Balloon Pumps Segment Held Largest Share Of Test Type Segment In Percutaneous Mechanical Circulatory Support Devices Market
Figure 4. Germany is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Europe Percutaneous Mechanical Circulatory Support Devices Market - Leading Country Markets (US$ Mn)
Figure 6. Europe PEST Analysis
Figure 7. Percutaneous Mechanical Circulatory Support Devices Market Impact Analysis Of Driver And Restraints
Figure 8. Europe Percutaneous Mechanical Circulatory Support Devices Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 9. Europe Percutaneous Mechanical Circulatory Support Devices Market, By Type 2019 & 2027 (%)
Figure 10. Europe Intra-Aortic Balloon Pumps Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 11. Europe VA-Extracorporeal Membrane Oxygenation (ECMO) Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. Europe Short Term Ventricular Assist Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Europe Impella Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. Europe Tandem Heart Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Europe Percutaneous Mechanical Circulatory Support Devices Market, by End-User 2019 & 2027 (%)
Figure 16. Europe Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Europe Ambulatory Surgical Centers Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Europe Percutaneous Mechanical Circulatory Support Devices Market Overview, By Country (2019)
Figure 20. Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
Figure 21. Europe Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027, By Country (%)
Figure 22. Germany Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
Figure 23. France Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
Figure 24. UK Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
Figure 25. Spain Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
Figure 26. Italy Percutaneous Mechanical Circulatory Support Devices Market Revenue And Forecast To 2027 (US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in European Country Markets
- Getinge AB
- Livanova Plc (Cardiacassist, Inc)
- Eurosets
- Berlin Heart
- CardiobridgeGmbh
- Medtronic
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