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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402636

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402636

Beating Heart Patch Market, By Material, By Application, By End User, By Geography

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The Beating Heart Patch Market is expected to grow from US$ 223.6 Mn in 2023 to US$ 373.4 Mn by 2030, at a CAGR of 7.6%.

Report Coverage Report Details
Base Year: 2022 Market Size in 2023: US$ 223.6 Mn
Historical Data for: 2018 to 2021 Forecast Period: 2023 - 2030
Forecast Period 2023 to 2030 CAGR: 7.60% 2030 Value Projection: US$ 373.4 Mn
Figure 1. Global Beating Heart Patch Market Share (%), by Region, 2023
Beating Heart Patch Market - IMG1

A "beating heart patch" typically refers to a bioengineered tissue construct designed to mimic the function of a human heart. This technology is often associated with the field of regenerative medicine and tissue engineering. The goal of creating a beating heart patch is to develop a functional piece of cardiac tissue that can be used to repair or replace damaged or diseased heart tissue in patients.

Beating heart patches are created through tissue engineering techniques. Scientists and engineers work to create a scaffold or matrix that mimics the structure of heart tissue. This scaffold is then seeded with cardiac cells, which can be derived from the patient's own cells (autologous), stem cells, or other sources. The cardiac cells used in the patch can include cardiomyocytes, which are the muscle cells responsible for the heart's pumping action, as well as other cell types that support heart function. Moreover, researchers are exploring new biomaterials that can enhance the structural and functional properties of heart patches. These materials can improve the patch's biocompatibility and mimic the native heart tissue more effectively, thus supporting the market development over the forecasted period.

Market Dynamics:

Increasing geriatric population and rising incidence of vascular diseases are the factors that are expected to drive the growth of the global beating heart patch market over the forecast period. In order to compete in this competitive market, companies are focusing on expanding their product portfolios and indulging in mergers & acquisitions. These strategies are also expected to drive the growth of the beating heart patch market in the future.

However, the high cost of manufacturing a large-scale graft is one of the factors expected to hamper the growth of the global beating heart patch market over the forecast period.

Key features of the study:

  • This report provides an in-depth analysis of the global beating heart patch market, and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global beating heart patch market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include BIOCARDIA, INC., Athersys, Inc., CorMatrix Cardiovascular, Inc., BD, LifeNet Health, Inc., and Admedus Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global beating heart patch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global beating heart patch market

Beating Heart Patch Market Detailed Segmentation:

  • By Material:
    • Synthetic Polymers
    • Biological Polymers
  • By Application:
    • Acute Heart Failure
    • Chronic Heart Failure
  • By End-use Industry:
    • Hospitals and Clinics
    • Research and Development
    • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Company Profiles:
    • BIOCARDIA, INC.
    • Athersys, Inc.
    • CorMatrix Cardiovascular, Inc.
    • BD
    • LifeNet Health, Inc.
    • Admedus Ltd.
Product Code: CMI5814

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Beating Heart Patch Market, By Material
    • Beating Heart Patch Market, By Application
    • Beating Heart Patch Market, By End User
    • Beating Heart Patch Market, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
  • Rising prevalence of cardiovascular diseases
  • Advancements in regenerative medicine
  • Growing demand for minimally invasive procedures
    • Restraints
  • Complex and evolving regulatory landscape
  • Limited long-term clinical data
  • Cost considerations
    • Opportunities
  • Personalized medicine and precision therapies
  • Integration with advanced technologies
  • Impact Analysis
  • Key Highlights
  • Regulatory Scenario
  • Product Launches/Approvals
  • PEST Analysis
  • PORTER's Analysis
  • Merger and Acquisition Scenario

4. Beating Heart Patch Market - Impact of Coronavirus (COVID-19) Pandemic

  • COVID-19 Epidemiology
  • Supply Side and Demand Side Analysis
  • Economic Impact

5. Beating Heart Patch Market, By Material, 2018-2030, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • Synthetic Polymers
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
  • Biological Polymers
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)

6. Beating Heart Patch Market, By Application, 2018-2030, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • Acute Heart Failure
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Million)
  • Chronic Heart Failure
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Million)

7. Beating Heart Patch Market, By End-use Industry, 2018-2030, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • Hospitals and Clinics
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Million)
  • Research and Development
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Million)
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Million)

8. Beating Heart Patch Market, By Region, 2018-2030, (US$ Mn)

  • Introduction
    • Market Share Analysis, By Region, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, For Region, 2019 - 2030
    • Country Trends
  • North America
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Material, 2023-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030, (US$ Mn)
    • Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
  • U.S.
  • Canada
  • Europe
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Material, 2023-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030, (US$ Mn)
    • Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
  • U.K.
  • Germany
  • Italy
  • France
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
    • Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
  • China
  • India
  • Japan
  • ASEAN
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
    • Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Middle East
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
    • Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
  • GCC
  • Israel
  • Rest of Middle East
  • Africa
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
    • Market Size and Forecast, By Country, Y-o-Y Growth and By Country/Region, 2018 - 2030, (US$ Mn)
  • Central Africa
  • South Africa
  • North Africa

9. Competitive Landscape

  • BIOCARDIA, INC.
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Athersys, Inc.
  • CorMatrix Cardiovascular, Inc.
  • BD
  • LifeNet Health, Inc.
  • Admedus Ltd.
  • Analyst Views

10. Section

  • Research Methodology
  • About us
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