Ventricular Assist Device Market by Product (Biventricular Assist Device, Left Ventricular Assist Device, Right Ventricular Assist Device), Flow Type (Continuous Flow, Pulsatile Flow), Design, Application, End-User - Global Forecast 2024-2030

Ventricular Assist Device Market by Product (Biventricular Assist Device, Left Ventricular Assist Device, Right Ventricular Assist Device), Flow Type (Continuous Flow, Pulsatile Flow), Design, Application, End-User - Global Forecast 2024-2030


The Ventricular Assist Device Market size was estimated at USD 1.94 billion in 2023 and expected to reach USD 2.06 billion in 2024, at a CAGR 6.29% to reach USD 2.97 billion by 2030.

Global Ventricular Assist Device Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Ventricular Assist Device Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Ventricular Assist Device Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Ventricular Assist Device Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories Ltd, ABIOMED Inc. by Johnson & Johnson Services, Inc, Asahi Kasei Corporation, Berlin Heart GmbH, Boston Scientific Corporation, Calon Cardio-Technology Ltd., Cardinal Health, Inc., CorWave SA, Jarvik Heart, Inc., Medtronic PLC, Merck KGaA, Novartis AG, SynCardia Systems, LLC by Picard Medical, Inc, Terumo Medical Corporation, and Transonic Systems Inc..

Market Segmentation & Coverage

This research report categorizes the Ventricular Assist Device Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Biventricular Assist Device
Left Ventricular Assist Device
Right Ventricular Assist Device
Total Artificial Heart
Flow Type
Continuous Flow
Pulsatile Flow
Design
Implantable Ventricular Assist Device
Transcutaneous Ventricular Assist Device
Application
Bridge to Transplant
Destination Therapy
End-User
Ambulatory Surgery Centers
Hospital
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Ventricular Assist Device Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Ventricular Assist Device Market?
3. What are the technology trends and regulatory frameworks in the Ventricular Assist Device Market?
4. What is the market share of the leading vendors in the Ventricular Assist Device Market?
5. Which modes and strategic moves are suitable for entering the Ventricular Assist Device Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Ventricular Assist Device Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing incidence of patients with heart failure
5.1.1.2. Limited availability of transplant organs
5.1.1.3. Significant number of ongoing clinical trials focusing on ventricular assist devices
5.1.2. Restraints
5.1.2.1. High cost of the device and procedures
5.1.3. Opportunities
5.1.3.1. Technological advancements and development of miniature devices designed with advanced features
5.1.3.2. Increasing initiatives and awareness regarding cardiovascular diseases
5.1.4. Challenges
5.1.4.1. Time-consuming regulatory approvals
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Ventricular Assist Device Market, by Product
6.1. Introduction
6.2. Biventricular Assist Device
6.3. Left Ventricular Assist Device
6.4. Right Ventricular Assist Device
6.5. Total Artificial Heart
7. Ventricular Assist Device Market, by Flow Type
7.1. Introduction
7.2. Continuous Flow
7.3. Pulsatile Flow
8. Ventricular Assist Device Market, by Design
8.1. Introduction
8.2. Implantable Ventricular Assist Device
8.3. Transcutaneous Ventricular Assist Device
9. Ventricular Assist Device Market, by Application
9.1. Introduction
9.2. Bridge to Transplant
9.3. Destination Therapy
10. Ventricular Assist Device Market, by End-User
10.1. Introduction
10.2. Ambulatory Surgery Centers
10.3. Hospital
11. Americas Ventricular Assist Device Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Ventricular Assist Device Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Ventricular Assist Device Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Abbott Laboratories Ltd
15.1.2. ABIOMED Inc. by Johnson & Johnson Services, Inc
15.1.3. Asahi Kasei Corporation
15.1.4. Berlin Heart GmbH
15.1.5. Boston Scientific Corporation
15.1.6. Calon Cardio-Technology Ltd.
15.1.7. Cardinal Health, Inc.
15.1.8. CorWave SA
15.1.9. Jarvik Heart, Inc.
15.1.10. Medtronic PLC
15.1.11. Merck KGaA
15.1.12. Novartis AG
15.1.13. SynCardia Systems, LLC by Picard Medical, Inc
15.1.14. Terumo Medical Corporation
15.1.15. Transonic Systems Inc.
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. VENTRICULAR ASSIST DEVICE MARKET RESEARCH PROCESS
FIGURE 2. VENTRICULAR ASSIST DEVICE MARKET SIZE, 2023 VS 2030
FIGURE 3. VENTRICULAR ASSIST DEVICE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. VENTRICULAR ASSIST DEVICE MARKET DYNAMICS
FIGURE 7. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY FLOW TYPE, 2023 VS 2030 (%)
FIGURE 10. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY FLOW TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY DESIGN, 2023 VS 2030 (%)
FIGURE 12. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY DESIGN, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 16. VENTRICULAR ASSIST DEVICE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS VENTRICULAR ASSIST DEVICE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS VENTRICULAR ASSIST DEVICE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES VENTRICULAR ASSIST DEVICE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES VENTRICULAR ASSIST DEVICE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC VENTRICULAR ASSIST DEVICE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC VENTRICULAR ASSIST DEVICE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA VENTRICULAR ASSIST DEVICE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA VENTRICULAR ASSIST DEVICE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. VENTRICULAR ASSIST DEVICE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. VENTRICULAR ASSIST DEVICE MARKET SHARE, BY KEY PLAYER, 2023

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