Article preview reprinted Medtech Insight - November 2008
Find out how after struggling for years to gain momentum, the ventricular assist device market appears finally to be coming of age.
Cardiac Assist: Pumping up the Heart Failure Market
Article preview reprinted Medtech Insight - November 2008
Second-generation VAD designs are performing well and seem to have largely addressed the pump durability and safety issues of the past that stymied growth and prevented this market from reaching its full potential. In the process, these new pumps, and their third-generation counterparts now waiting in the wings, are revitalizing interest in VADs among both physicians and patients, and propelling this potential multibillion dollar market to the forefront once again.
By all accounts, VAD usage in the US increased sharply in the second half of 2008, surpassing the expectations of nearly everyone in the industry. And continued strong growth is expected going forward as the industry works to meet pent up demand and further technology improvements expand the use of VADs to an even wider range of patients and physicians.
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Companies mentioned in this article:
Abiomed Inc.
Berlin Heart AG
Boston Scientific Corp.
HeartWare Ltd.
Jarvik Heart Inc.
Kriton Medical Inc.
MicroMed Cardiovascular Inc.
St. Luke's Health System
Texas Heart Institute
Terumo Corp. Thoratec Corp.
University of Michigan
Ventracor Ltd.
World Heart Corp.
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