Intra-Aortic Balloon Pump Consoles Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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Intra-aortic Balloon Pump Consoles Market Report Overview
The intra-aortic balloon pump (IABP) consoles market size was valued at $217.3 million in 2023 and is forecast to grow at a CAGR of more than 1% during 2023 and 2033. An IABP is a medical device that helps the heart pump blood. It is used when the heart fails to pump enough blood(oxygen) to the body which might be fatal. Intra-aortic balloon pump (IABP) is used for cardiac surgeries to improve cardiac function while surgeries like coronary artery bypass grafting, heart transplant, and percutaneous coronary interventions that are life-threatening. Intra-aortic balloon pump (IABP) also has a major role in assisting left ventricular function and cardiogenic shock treatment.
Intra-aortic Balloon Pump Consoles Market Outlook, 2023-2033 ($ Million)
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The intra-aortic balloon pump consoles market research report explains the market behavior, which will help identify quantitative market trends within the cardiovascular devices therapeutic area. The model discusses in detail the impact of COVID-19 on the intra-aortic balloon pump consoles market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $217.3 million |
CAGR (2023-2033) | >1% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Leading Companies | · Abiomed Inc
· Getinge AB · Teleflex Inc · Senko Medical Instrument Manufacturing Co Ltd · Others |
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Intra-aortic Balloon Pump Consoles Market Dynamics
An increase in the prevalence of heart failure, the aging population, and a shortage of hearts for transplantation globally are the key factors driving the IABP consoles market. IABP is generally considered an internal counterpulsation, that helps or acts as an assisting circulatory support device. Diastolic augmentation during inflation potentially contributes to coronary, cerebral, and systemic circulation.
Intra-aortic Balloon Pump Consoles Market Segmentation by Regions
The key regions in the intra-aortic balloon pump consoles market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. North America accounted for the highest share of the IABP consoles market in 2023 and will continue doing so during the forecast period due to the large patient pool in the region. The large patient pool not only boosts the size of the current market of IABP but also provides strong potential for growth in the forecast period.
Intra-aortic Balloon Pump Consoles Market Analysis by Regions, 2023 (%)
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Intra-aortic Balloon Pump Consoles Market - Competitive Landscape
A few of the leading companies in the intra-aortic balloon pump consoles market are Abiomed Inc., Getinge AB, Teleflex Inc., and Senko Medical Instrument Manufacturing Co., Ltd. among others. Getinge AB accounted for the highest share of the intra-aortic balloon pump consoles market in 2023.
Intra-aortic Balloon Pump Consoles Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Intra-aortic Balloon Pump Consoles Regional Outlook (Value, $ Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East and Africa
Key Inclusions of the market model are –
Currently marketed Intra-aortic balloon pump consoles and evolving competitive landscape –
- Insightful review of the key industry trends.
- Annualized total Intra-aortic balloon pump consoles market revenue by segment and market outlooks from 2015-2033.
- Granular data on total procedures, units, average selling prices, and market values by segment.
Global, Regional, and Country level market specific insights –
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Intra-aortic balloon pump consoles market.
- Competitive dynamics insights and trends provided for the Intra-aortic balloon pump consoles market.
Understand the market by getting the veritable big picture including an overview of the healthcare system. In addition, the market access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Abiomed Inc., Getinge AB, Teleflex Inc., Senko Medical Instrument Manufacturing Co., Ltd.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina and Chile.
Scope
This report provides:
- Currently marketed intra-aortic balloon pump consoles and evolving competitive landscape.
- Insightful review of the key industry trends.
- Annualized total intra-aortic balloon pump consoles market revenue by segment and market outlooks.
- Granular data on total procedures, units, average selling prices, and market values by segment.
- Global, regional, and country-level market-specific insights.
- Qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the intra-aortic balloon pump consoles market.
- Competitive dynamics insights and trends provided for the intra-aortic balloon pump consoles market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific MedTech regulatory landscape.
Reasons to Buy
- Understand the impact of COVID-19 on the intra-aortic balloon pump consoles market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Intra-aortic balloon pump consoles market.
- Generate revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the intra-aortic balloon pump consoles market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific intra-aortic balloon pump consoles market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Frequently asked questions
-
What was the intra-aortic balloon pump consoles market size in 2023?
The intra-aortic balloon pump consoles market size was valued at $217.3 million in 2023.
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What will the intra-aortic balloon pump consoles market CAGR be during 2023 and 2033?
The intra-aortic balloon pump consoles market is forecast to grow at a CAGR of more than 1% during 2023 and 2033.
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Which region held the highest share of the intra-aortic balloon pump consoles market in 2023?
North America held the highest share of the intra-aortic balloon pump consoles market in 2023.
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Which are the major companies operating in the intra-aortic balloon pump consoles market?
A few of the leading companies in the intra-aortic balloon pump consoles market are Abiomed Inc., Getinge AB, Teleflex Inc., and Senko Medical Instrument Manufacturing Co., Ltd.
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