Mechanical Heart Pump Technology Helps Create Devices that Mimic Performance of Heart Transplants
Due to the limited availability of hearts for transplant, there is a growing demand for heart pump devices in order to improve survival rate. Hence, healthcare companies are increasing the availability of ventricular assist devices (VADs) for heart failure patients. For instance, in June 2019, medical devices company Abbott Laboratories revealed the HeartMate 3 left ventricular assist device (LVAD) nearly mimics the performance of a heart transplant. This is evident since VAD product segment of the heart pumps market is anticipated for exponential market during the forecast period. The global heart pumps market is expected to reach a value of ~US$ 4.3 Bn by the end of 2027.
Companies in the heart pumps market are increasing R&D in the mechanical heart pump technology to improve patient outcome. Since heart transplants are associated with complications in patients, healthcare providers are recommending adoption of heart pump systems.
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Surgeries Using Lateral Thoracotomy Technique Improve Patient Outcomes
The FDA approval for surgical techniques using heart pumps is creating incremental opportunities for healthcare companies. Heart failure patients can now opt for device-assisted surgeries to avoid open-heart surgeries. This novel approach has benefitted healthcare professionals with the option to provide surgeries using the LVAD. Thus, FDA approval for alternative surgical techniques is contributing to the growth of the heart pumps market.
High prevalence of heart failure patients in the U.S. has triggered the demand for novel heart pump devices. This is justified since the heart pumps market in North America is predicted for aggressive growth during the forecast period. Hence, companies are mainly focusing on North America by increasing research in lateral thoracotomy. Advantages of lateral thoracotomy such as less bleeding during surgery and shorter recovery time for patients are catching the attention of companies in the heart pumps market.
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Medical and Space Research Leads to Development of Safe and Compact LVADs
Innovative approaches such as the combination of medical and space research are broadening the scope of developments in the heart pumps market. For instance, in September 2019, Leicester University, England, revealed that associate professor Dr. David Adlam collaborated with Piyal Samara-Ratna of the Mechanical Engineer in the Space Research Centre to develop an LVAD to help patients that have suffered heart failures. As such, LVAD is being pervasively used as an interim support for individuals that have undergone heart failure and are under consideration for a transplant.
LVADs are gaining popularity as safe devices for implantation in the heart pumps market. Thus, companies in the market for heart pumps should partner with researchers to develop new devices that are small and safe to implant. Healthcare practitioners are creating a demand for smaller heart pump devices, since it is challenging for surgeons to successfully complete implants without any complications. Hence, companies in the heart pumps market are developing compact heart pumps that can potentially withstand challenging environments by increasing their efficacy in space engineering.
Computational Fluid Dynamic Modeling Offers Useful Insights on Flow Regimes
LVADs can potentially alter flow dynamics resulting in complications such as stroke, bleeding, pump thrombosis, and the likes, that may endanger the life of patients. Hence, companies in the heart pumps market are focusing on innovative modeling techniques and 3D printing to carefully understand flow dynamics. This is evident, as healthcare companies are gaining expertise in centrifugal flow pump (CFP) since CFP flow regime segment is predicted for exponential growth in the heart pumps market.
The computational fluid dynamic (CFD) modeling is based on computer simulation, and is helping stakeholders to gain an understanding of fluid characteristics such as pressure, shear stress, and velocity. Innovative modeling techniques are helping healthcare providers to mitigate future LVAD-related problems. These modeling techniques are being coupled with 3D printing for patients opting for patient-specific device implants. With an increased focus on computational fluid dynamics, analysts of Transparency Market Research opine that specialized software will gain prominence in the coming years.
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