Cardiovascular Devices are used in treating diseases related to the heart and the circulatory system. Cardiac Assist Devices are used to support the failing heart that cannot be managed with standard medical therapy. An Intra-Aortic Balloon Pump Console triggers and optimizes counter pulsation support to patients. GlobalData uses proprietary data and analytics to provide a comprehensive report on the intra-aortic balloon pump consoles market in South Korea. Buy the latest report here.

In 2023, GlobalData’s Market Model methodology determined that the leading player in the intra-aortic balloon pump consoles market in South Korea was Getinge followed by Teleflex and Abiomed.

Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.

An Intra-Aortic Balloon Pump Console triggers the counter pulsation based on factors such as Electrocardiogram(ECG) readings or pressure required. These systems automatically set both inflate and deflate timings. It comes along in a cart with a monitor and an internal battery.

The intra-aortic balloon pump consoles market in South Korea can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.

For the latest analysis of the market size intra-aortic balloon pump consoles in South Korea, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.