Global Total Artificial Heart Supply, Demand and Key Producers, 2024-2030
Page: 103
Published Date: 10 Feb 2024
Category: Medical Devices & Consumables
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Total Artificial Heart market size is expected to reach $ 150.3 million by 2030, rising at a market growth of 20.8% CAGR during the forecast period (2024-2030).
Global Total Artificial Heart key players include only SynCardia, with a share about 100%. North America is the largest market, with a share about 60%, followed by Europe, with a share about 40 percent. In terms of product, SynCardia is the largest segment, with a share about 100%. And in terms of application, the largest application is Ischemic Cardiomyopathy, followed by Dilated Cardiomyopathy, etc.
Total Artificial Heart (TAH) is a prosthetic device that is implanted into the body to replace the biological heart. A few proprietary artificial heart devices have been developed including the Syncardia TAH, AbioCor (Abiomed, Danvers, Massachusetts, USA), and CARMAT (Carmat, Velizy, France). The history of these devices and their clinical use has recently been reviewed. Among the devices listed, the Syncardia (TAH) is the only device currently in use. The CARMAT is currently undergoing feasibility studies, however, data has been limited to a handful of patients thus far. There is also no data on the use of the AbioCor or CARMAT in patients with CHD.
This report studies the global Total Artificial Heart production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Total Artificial Heart, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Total Artificial Heart that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Total Artificial Heart total production and demand, 2019-2030, (Units)
Global Total Artificial Heart total production value, 2019-2030, (USD Million)
Global Total Artificial Heart production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Total Artificial Heart consumption by region & country, CAGR, 2019-2030 & (Units)
U.S. VS China: Total Artificial Heart domestic production, consumption, key domestic manufacturers and share
Global Total Artificial Heart production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Units)
Global Total Artificial Heart production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Total Artificial Heart production by Application production, value, CAGR, 2019-2030, (USD Million) & (Units).
This reports profiles key players in the global Total Artificial Heart market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BiVACOR, SynCardia, Jarvik Heart, CARMAT and AbioMed, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Total Artificial Heart market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Total Artificial Heart Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Total Artificial Heart Market, Segmentation by Type
SynCardia
Others
Global Total Artificial Heart Market, Segmentation by Application
Dilated Cardiomyopathy
Ischemic Cardiomyopathy
Others
Companies Profiled:
BiVACOR
SynCardia
Jarvik Heart
CARMAT
AbioMed
Key Questions Answered
1. How big is the global Total Artificial Heart market?
2. What is the demand of the global Total Artificial Heart market?
3. What is the year over year growth of the global Total Artificial Heart market?
4. What is the production and production value of the global Total Artificial Heart market?
5. Who are the key producers in the global Total Artificial Heart market?
Table of Contents
1 Supply Summary
1.1 Total Artificial Heart Introduction
1.2 World Total Artificial Heart Supply & Forecast
1.2.1 World Total Artificial Heart Production Value (2019 & 2023 & 2030)
1.2.2 World Total Artificial Heart Production (2019-2030)
1.2.3 World Total Artificial Heart Pricing Trends (2019-2030)
1.3 World Total Artificial Heart Production by Region (Based on Production Site)
1.3.1 World Total Artificial Heart Production Value by Region (2019-2030)
1.3.2 World Total Artificial Heart Production by Region (2019-2030)
1.3.3 World Total Artificial Heart Average Price by Region (2019-2030)
1.3.4 North America Total Artificial Heart Production (2019-2030)
1.3.5 Europe Total Artificial Heart Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Total Artificial Heart Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Total Artificial Heart Major Market Trends
2.1 World Total Artificial Heart Demand (2019-2030)
2.2 World Total Artificial Heart Consumption by Region
2.2.1 World Total Artificial Heart Consumption by Region (2019-2024)
2.2.2 World Total Artificial Heart Consumption Forecast by Region (2025-2030)
2.3 United States Total Artificial Heart Consumption (2019-2030)
2.4 China Total Artificial Heart Consumption (2019-2030)
2.5 Europe Total Artificial Heart Consumption (2019-2030)
2.6 Japan Total Artificial Heart Consumption (2019-2030)
2.7 South Korea Total Artificial Heart Consumption (2019-2030)
2.8 ASEAN Total Artificial Heart Consumption (2019-2030)
2.9 India Total Artificial Heart Consumption (2019-2030)
3.1 World Total Artificial Heart Production Value by Manufacturer (2019-2024)
3.2 World Total Artificial Heart Production by Manufacturer (2019-2024)
3.3 World Total Artificial Heart Average Price by Manufacturer (2019-2024)
3.4 Total Artificial Heart Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Total Artificial Heart Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Total Artificial Heart in 2023
3.5.3 Global Concentration Ratios (CR8) for Total Artificial Heart in 2023
3.6 Total Artificial Heart Market: Overall Company Footprint Analysis
3.6.1 Total Artificial Heart Market: Region Footprint
3.6.2 Total Artificial Heart Market: Company Product Type Footprint
3.6.3 Total Artificial Heart Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4.1 United States VS China: Total Artificial Heart Production Value Comparison
4.1.1 United States VS China: Total Artificial Heart Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Total Artificial Heart Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Total Artificial Heart Production Comparison
4.2.1 United States VS China: Total Artificial Heart Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Total Artificial Heart Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Total Artificial Heart Consumption Comparison
4.3.1 United States VS China: Total Artificial Heart Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Total Artificial Heart Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Total Artificial Heart Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Total Artificial Heart Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Total Artificial Heart Production Value (2019-2024)
4.4.3 United States Based Manufacturers Total Artificial Heart Production (2019-2024)
4.5 China Based Total Artificial Heart Manufacturers and Market Share
4.5.1 China Based Total Artificial Heart Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Total Artificial Heart Production Value (2019-2024)
4.5.3 China Based Manufacturers Total Artificial Heart Production (2019-2024)
4.6 Rest of World Based Total Artificial Heart Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Total Artificial Heart Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Total Artificial Heart Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Total Artificial Heart Production (2019-2024)
5.1 World Total Artificial Heart Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 SynCardia
5.2.2 Others
5.3 Market Segment by Type
5.3.1 World Total Artificial Heart Production by Type (2019-2030)
5.3.2 World Total Artificial Heart Production Value by Type (2019-2030)
5.3.3 World Total Artificial Heart Average Price by Type (2019-2030)
6.1 World Total Artificial Heart Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Dilated Cardiomyopathy
6.2.2 Ischemic Cardiomyopathy
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Total Artificial Heart Production by Application (2019-2030)
6.3.2 World Total Artificial Heart Production Value by Application (2019-2030)
6.3.3 World Total Artificial Heart Average Price by Application (2019-2030)
7.1 BiVACOR
7.1.1 BiVACOR Details
7.1.2 BiVACOR Major Business
7.1.3 BiVACOR Total Artificial Heart Product and Services
7.1.4 BiVACOR Total Artificial Heart Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 BiVACOR Recent Developments/Updates
7.1.6 BiVACOR Competitive Strengths & Weaknesses
7.2 SynCardia
7.2.1 SynCardia Details
7.2.2 SynCardia Major Business
7.2.3 SynCardia Total Artificial Heart Product and Services
7.2.4 SynCardia Total Artificial Heart Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 SynCardia Recent Developments/Updates
7.2.6 SynCardia Competitive Strengths & Weaknesses
7.3 Jarvik Heart
7.3.1 Jarvik Heart Details
7.3.2 Jarvik Heart Major Business
7.3.3 Jarvik Heart Total Artificial Heart Product and Services
7.3.4 Jarvik Heart Total Artificial Heart Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Jarvik Heart Recent Developments/Updates
7.3.6 Jarvik Heart Competitive Strengths & Weaknesses
7.4 CARMAT
7.4.1 CARMAT Details
7.4.2 CARMAT Major Business
7.4.3 CARMAT Total Artificial Heart Product and Services
7.4.4 CARMAT Total Artificial Heart Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 CARMAT Recent Developments/Updates
7.4.6 CARMAT Competitive Strengths & Weaknesses
7.5 AbioMed
7.5.1 AbioMed Details
7.5.2 AbioMed Major Business
7.5.3 AbioMed Total Artificial Heart Product and Services
7.5.4 AbioMed Total Artificial Heart Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 AbioMed Recent Developments/Updates
7.5.6 AbioMed Competitive Strengths & Weaknesses
8.1 Total Artificial Heart Industry Chain
8.2 Total Artificial Heart Upstream Analysis
8.2.1 Total Artificial Heart Core Raw Materials
8.2.2 Main Manufacturers of Total Artificial Heart Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Total Artificial Heart Production Mode
8.6 Total Artificial Heart Procurement Model
8.7 Total Artificial Heart Industry Sales Model and Sales Channels
8.7.1 Total Artificial Heart Sales Model
8.7.2 Total Artificial Heart Typical Customers
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Total Artificial Heart Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Total Artificial Heart Production Value by Region (2019-2024) & (USD Million)
Table 3. World Total Artificial Heart Production Value by Region (2025-2030) & (USD Million)
Table 4. World Total Artificial Heart Production Value Market Share by Region (2019-2024)
Table 5. World Total Artificial Heart Production Value Market Share by Region (2025-2030)
Table 6. World Total Artificial Heart Production by Region (2019-2024) & (Units)
Table 7. World Total Artificial Heart Production by Region (2025-2030) & (Units)
Table 8. World Total Artificial Heart Production Market Share by Region (2019-2024)
Table 9. World Total Artificial Heart Production Market Share by Region (2025-2030)
Table 10. World Total Artificial Heart Average Price by Region (2019-2024) & (USD/Unit)
Table 11. World Total Artificial Heart Average Price by Region (2025-2030) & (USD/Unit)
Table 12. Total Artificial Heart Major Market Trends
Table 13. World Total Artificial Heart Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Units)
Table 14. World Total Artificial Heart Consumption by Region (2019-2024) & (Units)
Table 15. World Total Artificial Heart Consumption Forecast by Region (2025-2030) & (Units)
Table 16. World Total Artificial Heart Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Total Artificial Heart Producers in 2023
Table 18. World Total Artificial Heart Production by Manufacturer (2019-2024) & (Units)
Table 19. Production Market Share of Key Total Artificial Heart Producers in 2023
Table 20. World Total Artificial Heart Average Price by Manufacturer (2019-2024) & (USD/Unit)
Table 21. Global Total Artificial Heart Company Evaluation Quadrant
Table 22. World Total Artificial Heart Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Total Artificial Heart Production Site of Key Manufacturer
Table 24. Total Artificial Heart Market: Company Product Type Footprint
Table 25. Total Artificial Heart Market: Company Product Application Footprint
Table 26. Total Artificial Heart Competitive Factors
Table 27. Total Artificial Heart New Entrant and Capacity Expansion Plans
Table 28. Total Artificial Heart Mergers & Acquisitions Activity
Table 29. United States VS China Total Artificial Heart Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Total Artificial Heart Production Comparison, (2019 & 2023 & 2030) & (Units)
Table 31. United States VS China Total Artificial Heart Consumption Comparison, (2019 & 2023 & 2030) & (Units)
Table 32. United States Based Total Artificial Heart Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Total Artificial Heart Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Total Artificial Heart Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Total Artificial Heart Production (2019-2024) & (Units)
Table 36. United States Based Manufacturers Total Artificial Heart Production Market Share (2019-2024)
Table 37. China Based Total Artificial Heart Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Total Artificial Heart Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Total Artificial Heart Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Total Artificial Heart Production (2019-2024) & (Units)
Table 41. China Based Manufacturers Total Artificial Heart Production Market Share (2019-2024)
Table 42. Rest of World Based Total Artificial Heart Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Total Artificial Heart Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Total Artificial Heart Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Total Artificial Heart Production (2019-2024) & (Units)
Table 46. Rest of World Based Manufacturers Total Artificial Heart Production Market Share (2019-2024)
Table 47. World Total Artificial Heart Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Total Artificial Heart Production by Type (2019-2024) & (Units)
Table 49. World Total Artificial Heart Production by Type (2025-2030) & (Units)
Table 50. World Total Artificial Heart Production Value by Type (2019-2024) & (USD Million)
Table 51. World Total Artificial Heart Production Value by Type (2025-2030) & (USD Million)
Table 52. World Total Artificial Heart Average Price by Type (2019-2024) & (USD/Unit)
Table 53. World Total Artificial Heart Average Price by Type (2025-2030) & (USD/Unit)
Table 54. World Total Artificial Heart Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Total Artificial Heart Production by Application (2019-2024) & (Units)
Table 56. World Total Artificial Heart Production by Application (2025-2030) & (Units)
Table 57. World Total Artificial Heart Production Value by Application (2019-2024) & (USD Million)
Table 58. World Total Artificial Heart Production Value by Application (2025-2030) & (USD Million)
Table 59. World Total Artificial Heart Average Price by Application (2019-2024) & (USD/Unit)
Table 60. World Total Artificial Heart Average Price by Application (2025-2030) & (USD/Unit)
Table 61. BiVACOR Basic Information, Manufacturing Base and Competitors
Table 62. BiVACOR Major Business
Table 63. BiVACOR Total Artificial Heart Product and Services
Table 64. BiVACOR Total Artificial Heart Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. BiVACOR Recent Developments/Updates
Table 66. BiVACOR Competitive Strengths & Weaknesses
Table 67. SynCardia Basic Information, Manufacturing Base and Competitors
Table 68. SynCardia Major Business
Table 69. SynCardia Total Artificial Heart Product and Services
Table 70. SynCardia Total Artificial Heart Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. SynCardia Recent Developments/Updates
Table 72. SynCardia Competitive Strengths & Weaknesses
Table 73. Jarvik Heart Basic Information, Manufacturing Base and Competitors
Table 74. Jarvik Heart Major Business
Table 75. Jarvik Heart Total Artificial Heart Product and Services
Table 76. Jarvik Heart Total Artificial Heart Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Jarvik Heart Recent Developments/Updates
Table 78. Jarvik Heart Competitive Strengths & Weaknesses
Table 79. CARMAT Basic Information, Manufacturing Base and Competitors
Table 80. CARMAT Major Business
Table 81. CARMAT Total Artificial Heart Product and Services
Table 82. CARMAT Total Artificial Heart Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. CARMAT Recent Developments/Updates
Table 84. AbioMed Basic Information, Manufacturing Base and Competitors
Table 85. AbioMed Major Business
Table 86. AbioMed Total Artificial Heart Product and Services
Table 87. AbioMed Total Artificial Heart Production (Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 88. Global Key Players of Total Artificial Heart Upstream (Raw Materials)
Table 89. Total Artificial Heart Typical Customers
Table 90. Total Artificial Heart Typical Distributors
List of Figure
Figure 1. Total Artificial Heart Picture
Figure 2. World Total Artificial Heart Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Total Artificial Heart Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Total Artificial Heart Production (2019-2030) & (Units)
Figure 5. World Total Artificial Heart Average Price (2019-2030) & (USD/Unit)
Figure 6. World Total Artificial Heart Production Value Market Share by Region (2019-2030)
Figure 7. World Total Artificial Heart Production Market Share by Region (2019-2030)
Figure 8. North America Total Artificial Heart Production (2019-2030) & (Units)
Figure 9. Europe Total Artificial Heart Production (2019-2030) & (Units)
Figure 10. Total Artificial Heart Market Drivers
Figure 11. Factors Affecting Demand
Figure 12. World Total Artificial Heart Consumption (2019-2030) & (Units)
Figure 13. World Total Artificial Heart Consumption Market Share by Region (2019-2030)
Figure 14. United States Total Artificial Heart Consumption (2019-2030) & (Units)
Figure 15. China Total Artificial Heart Consumption (2019-2030) & (Units)
Figure 16. Europe Total Artificial Heart Consumption (2019-2030) & (Units)
Figure 17. Japan Total Artificial Heart Consumption (2019-2030) & (Units)
Figure 18. South Korea Total Artificial Heart Consumption (2019-2030) & (Units)
Figure 19. ASEAN Total Artificial Heart Consumption (2019-2030) & (Units)
Figure 20. India Total Artificial Heart Consumption (2019-2030) & (Units)
Figure 21. Producer Shipments of Total Artificial Heart by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 22. Global Four-firm Concentration Ratios (CR4) for Total Artificial Heart Markets in 2023
Figure 23. Global Four-firm Concentration Ratios (CR8) for Total Artificial Heart Markets in 2023
Figure 24. United States VS China: Total Artificial Heart Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 25. United States VS China: Total Artificial Heart Production Market Share Comparison (2019 & 2023 & 2030)
Figure 26. United States VS China: Total Artificial Heart Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States Based Manufacturers Total Artificial Heart Production Market Share 2023
Figure 28. China Based Manufacturers Total Artificial Heart Production Market Share 2023
Figure 29. Rest of World Based Manufacturers Total Artificial Heart Production Market Share 2023
Figure 30. World Total Artificial Heart Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 31. World Total Artificial Heart Production Value Market Share by Type in 2023
Figure 32. SynCardia
Figure 33. Others
Figure 34. World Total Artificial Heart Production Market Share by Type (2019-2030)
Figure 35. World Total Artificial Heart Production Value Market Share by Type (2019-2030)
Figure 36. World Total Artificial Heart Average Price by Type (2019-2030) & (USD/Unit)
Figure 37. World Total Artificial Heart Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 38. World Total Artificial Heart Production Value Market Share by Application in 2023
Figure 39. Dilated Cardiomyopathy
Figure 40. Ischemic Cardiomyopathy
Figure 41. Others
Figure 42. World Total Artificial Heart Production Market Share by Application (2019-2030)
Figure 43. World Total Artificial Heart Production Value Market Share by Application (2019-2030)
Figure 44. World Total Artificial Heart Average Price by Application (2019-2030) & (USD/Unit)
Figure 45. Total Artificial Heart Industry Chain
Figure 46. Total Artificial Heart Procurement Model
Figure 47. Total Artificial Heart Sales Model
Figure 48. Total Artificial Heart Sales Channels, Direct Sales, and Distribution
Figure 49. Methodology
Figure 50. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
BiVACOR SynCardia Jarvik Heart CARMAT AbioMed
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18 Mar 2023
Medical Devices & Consumables
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