Global Ventricular Assist Device Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Ventricular Assist Device Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Ventricular assist devices are mechanical pumps used to support cardiac circulation in patients who have weakened hearts.



A ventricular assist device (VAD) is an electromechanical device for assisting cardiac circulation, which is used either to partially or to completely replace the function of a failing heart. The function of VADs is different from that of artificial cardiac pacemakers; some are for short-term use, typically for patients recovering from myocardial infarction (heart attack) and for patients recovering from cardiac surgery; some are for long-term use (months to years to perpetuity), typically for patients suffering from advanced heart failure.

According to our (Global Info Research) latest study, the global Ventricular Assist Device market size was valued at US$ 1482 million in 2023 and is forecast to a readjusted size of USD 2515 million by 2030 with a CAGR of 7.9% during review period.

In United States, Ventricular Assist Device key players include AbioMed, Abbott (Thoratec), Medtronic (HeartWare), etc. United States top five manufacturers hold a share over 95%.

In terms of product, LVADs is the largest segment, with a share about 90%. And in terms of application, the largest application is Bridge-to-transplant (BTT) , followed by Destination Therapy (DT).

This report is a detailed and comprehensive analysis for global Ventricular Assist Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Ventricular Assist Device market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030

Global Ventricular Assist Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030

Global Ventricular Assist Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030

Global Ventricular Assist Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (K USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Ventricular Assist Device

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Ventricular Assist Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AbioMed, Abbott (Thoratec), Medtronic (HeartWare), Berlin Heart, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Ventricular Assist Device market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
LVADs
RVADs
BIVADs

Market segment by Application
Bridge-to-transplant (BTT)
Destination Therapy (DT)
Other

Major players covered
AbioMed
Abbott (Thoratec)
Medtronic (HeartWare)
Berlin Heart

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Ventricular Assist Device product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Ventricular Assist Device, with price, sales quantity, revenue, and global market share of Ventricular Assist Device from 2019 to 2024.

Chapter 3, the Ventricular Assist Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Ventricular Assist Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Ventricular Assist Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Ventricular Assist Device.

Chapter 14 and 15, to describe Ventricular Assist Device sales channel, distributors, customers, research findings and conclusion.