Europe Heart Failure Medical Device Market 2024-2030

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    EUROPE HEART FAILURE MEDICAL DEVICE MARKET

     

    INTRODUCTION

     Medical devices for heart failure are specialized instruments used to manage and treat the ailment, which is a chronic condition where the heart cannot pump blood effectively. These gadgets are made to ease symptoms, support or improve heart function, and improve quality of life for those who have heart failure.

     

    The implantable cardioverter-defibrillator (ICD) is one of the most important categories of heart failure medical devices. ICDs are tiny devices that are connected to the heart by leads and surgically implanted under the skin, generally in the chest area. When life-threatening arrhythmias, such as ventricular fibrillation or ventricular tachycardia, are recognized, these devices give electrical shocks to the patient.

     

    By restoring the heart’s normal rhythm, the electrical shocks stop abrupt cardiac arrest and its potentially fatal consequences. The cardiac resynchronization therapy (CRT) device, sometimes referred to as a biventricular pacemaker, is a significant class of medical device used to treat heart failure.

     

    Particularly for those with heart failure who have compromised electrical conduction in the heart, CRT devices are employed. To increase the effectiveness of the heart’s pumping, these devices control how the heart’s chambers contract. CRT devices deliver electrical impulses to both ventricles at the same time, assisting in their coordinated contraction and enhancing overall heart function.

     

    Mechanical pumps known as left ventricular assist devices (LVADs) are utilized in patients with progressive heart failure and substantial heart function impairment. LVADs are linked to the left ventricle via surgery and assist it in pumping blood throughout the body. These devices can offer long-term assistance, either as a stopgap measure for patients who are ineligible for heart transplantation or as a bridge to destination therapy.

     

    In patients with end-stage heart failure, LVADs can considerably lessen symptoms, increase exercise capacity, and extend survival. The implantable hemodynamic monitoring system is a newer tool in the treatment of heart failure. These instruments are made to measure and keep track of important heart-related parameters like left atrial pressure or pulmonary artery pressure.

     

    These gadgets can transmit data to healthcare professionals remotely, enabling them to closely monitor the patient’s status and promptly alter drugs or other therapies. Medical devices that are exterior to the body can help manage heart failure in addition to implantable ones. These include wearable cardiac assist devices and external counterpulsation (ECP) devices.

     

    By exerting external pressure on the lower extremities during the diastolic portion of the cardiac cycle, ECP devices aid in enhancing blood flow to the heart. Portable devices known as wearable cardiac assist devices temporarily support the heart’s ability to pump blood through mechanical means. These extraneous devices are often employed as a stopgap measure until more permanent therapies can be instituted.

     

    Medical gadgets for heart failure have considerably improved the prognosis and quality of life for those who suffer from the condition. They aid in the stabilization of heart function, the prevention of potentially fatal arrhythmias, the reduction of exhaustion and breathlessness symptoms, and the improvement of exercise tolerance.

     

    Usually, the clinical indications for these devices are determined by the unique patient characteristics, the severity of the condition, and other factors. In conclusion, medical devices for heart failure are crucial for the diagnosis, management, and therapy of the condition.

     

    These technologies, which range from LVADs and hemodynamic monitoring systems to ICDs and CRT devices, offer critical assistance to those with compromised heart function. They support the maintenance and restoration of the heart’s rhythm, increase pumping effectiveness, and eventually improve cardiac health and overall function in heart failure patients.

     

    EUROPE HEART FAILURE MEDICAL DEVICE MARKET SIZE AND FORECAST

    Infographic: Europe Heart Failure Medical Device Market, Europe Heart Failure Medical Device Market Size, Europe Heart Failure Medical Device Market Trends, Europe Heart Failure Medical Device Market Forecast, Europe Heart Failure Medical Device Market Risks, Europe Heart Failure Medical Device Market Report, Europe Heart Failure Medical Device Market Share

    The Europe Heart Failure Medical Device Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    EUROPE HEART FAILURE MEDICAL DEVICE MARKET NEW PRODUCT LAUNCH

    The HeartLogicTM* Heart Failure Diagnostic is made available in Europe by Boston Scientific. The HeartLogicTM Diagnostic is the first and only heart failure diagnostic tool that has been shown to identify 70% of heart failure events weeks in advance, potentially minimizing the need for additional hospitalization for heart failure patients.

     

    The HeartLogicTM Heart Failure Diagnostic has been introduced in Europe, according to Boston Scientific Europe. With this launch, patients in a small number of European nations, including Italy, Spain, the UK, Germany, Austria, and Switzerland, will now have access to the first and only diagnostic tool that enables proactive heart failure (HF) management, with additional nations to follow in the coming months. 

     

    Heart failure currently affects more than 15 million people in Europe and is responsible for about 3 million hospital admissions each year in addition to numerous fatalities. The HeartLogic diagnosis combines data from sensors analyzing heart sounds, breathing rate and volume, thoracic impedance, heart rate, and activity to give a continuous measurement of early worsening indications of heart failure.

     

    The ResonateTM, next-generation Cardiac Resynchronization Therapy Defibrillators (CRT-Ds), and implantable cardiac defibrillators (ICDs) all feature HeartLogic’s proprietary algorithm.

     

    The effectiveness of the HeartLogicTM Diagnostic to identify impending heart failure (HF) decompensation was assessed in the Multisensor Chronic Evaluation in Ambulatory Heart Failure Patients (MultiSENSE) trial. HeartLogic successfully identified 70% of impending heart failure episodes in the MultiSENSE research, giving doctors typically several weeks’ notice.

     

    In order to address the various pathophysiological aspects of heart failure, modify treatment, avoid potential re-hospitalizations, and ultimately improve overall patient care and outcomes, doctors can use the HeartLogic Heart Failure Diagnostic to identify early warning signs of heart failure symptoms worsening.

     

    EUROPE HEART FAILURE MEDICAL DEVICE MARKET COMPANY PROFILES

     

    THIS EUROPE HEART FAILURE MEDICAL DEVICE MARKET REPORT WILL ANSWER THE FOLLOWING QUESTIONS

    1. How many Europe Heart Failure Medical Device Market are manufactured per annum in Europe? Who are the sub-component suppliers in the region?
    2. Cost breakup of a Europe Heart Failure Medical Device Market and key vendor selection criteria
    3. Where is the Europe Heart Failure Medical Device Market manufactured? What is the average margin per unit?
    4. Market share of Europe Heart Failure Medical Device Market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Europe Heart Failure Medical Device Market in-house
    6. key predictions for next 5 years in Europe Heart Failure Medical Device Market
    7. Average B-2-B Europe Heart Failure Medical Device Market price in all segments
    8. Latest trends in the Europe Heart Failure Medical Device Market, by every market segment
    9. The market size (both volume and value) of the Europe Heart Failure Medical Device Market in 2024-2030 and every year in between?
    10. Production breakup of the Europe Heart Failure Medical Device Market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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