• Phone: +1-631-791-1145
  • Email: sales@imarcgroup.com

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Ventricular Assist Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global ventricular assist device market witnessed double-digit growth during 2014-2019. A ventricular assist device (VAD), also known as a mechanical circulatory support device, is a mechanical pump that transports blood from the lower chambers of the heart to the rest of the body. It generally comprises three components, which include tubes, an electronic controller and a power source. The tubes carry blood into the pump and transfer it into blood vessels, while the power source is connected to a control unit for monitoring the functions of the VAD. The device is implanted in patients as a short-term treatment for supporting heart functions after surgery or while they are waiting for a heart transplant. It finds application in the bridge-to-transplant (BTT), bridge-to-recovery (BTR), bridge-to-candidacy (BTC) and destination therapies.

The increasing cases of cardiovascular diseases, such as hypertension, ventricular septal defect, heart failure and stroke, represents one of the significant factors propelling the global VAD market growth. Moreover, the limited number of heart donors is escalating the demand for VADs across the globe. In order to overcome this shortage, healthcare providers are focusing on the utilization of VADs to keep the blood pumping until a new heart is implanted. This helps in reducing the in?hospital mortality rate, length of stay and overall hospital costs. Furthermore, the leading manufacturers in the industry are incorporating technological advancements, such as miniature devices with infection control technology, to address complications, such as the high risk of infection, thrombus formation and blood trauma. Apart from this, several clinical trials are being undertaken to improve the survival rate by enhancing the durability, functionality and efficiency of the devices. Looking forward, IMARC Group expects the global ventricular assist device market to continue its strong growth during the next five years.

Breakup by Product:

  • Left Ventricular Assist Device (LVAD)
  • Right Ventricular Assist Device (RVAD)
  • Biventricular Assist Device (BiVAD)
  • Others
     

Breakup by Flow Type:

  • Pulsatile Flow
  • Non-Pulsatile or Continuous Flow
     

Breakup by Product Type:

  • Implantable Ventricular Assist Devices
  • Non-implantable Ventricular Assist Devices
     

Breakup by Application:

  • Bridge-to-Transplant (BTT) Therapy
  • Destination Therapy
  • Bridge to Recovery and Bridge to Candidacy
     

Breakup by End-User:

  • Ambulatory Surgery Centers
  • Hospital
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Abbott Laboratories, Abiomed Inc., Berlin Heart GmbH (Syscore GmbH), Bivacor Inc., Calon Cardio, CHF Solutions Inc., Jarvik Heart Inc., MAQUET GmbH (Getinge), Medtronic Inc., Syncardia Systems LLC (Versa Capital Management LLC), TandemLife (LivaNova PLC), Terumo Corporation, etc.

Key Questions Answered in This Report:

  • How has the global ventricular assist device market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global ventricular assist device market?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the flow type?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global ventricular assist device market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Ventricular Assist Device Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Left Ventricular Assist Device (LVAD)
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Right Ventricular Assist Device (RVAD)
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Biventricular Assist Device (BiVAD)
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Flow Type
    7.1    Pulsatile Flow
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Non-Pulsatile or Continuous Flow
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Product Type
    8.1    Implantable Ventricular Assist Devices
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Non-implantable Ventricular Assist Devices
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Application
    9.1    Bridge-to-Transplant (BTT) Therapy
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Destination Therapy
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Bridge to Recovery and Bridge to Candidacy
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by End-User
    10.1    Ambulatory Surgery Centers
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Hospitals
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Others
        10.3.1 Market Trends
        10.3.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Indicators
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Abbott Laboratories
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio 
           16.3.1.3 Financials 
           16.3.1.4 SWOT Analysis
        16.3.2    Abiomed Inc.
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials 
           16.3.2.4 SWOT Analysis
        16.3.3    Berlin Heart GmbH (Syscore GmbH)
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio 
           16.3.3.3 Financials 
        16.3.4    Bivacor Inc.
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio 
        16.3.5    Calon Cardio
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio 
           16.3.5.3 Financials 
        16.3.6    Cardiacassist Inc. (LivaNova PLC)
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio 
        16.3.7    CHF Solutions Inc.
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials 
        16.3.8    Jarvik Heart Inc.
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio 
        16.3.9    MAQUET GmbH (Getinge)
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
           16.3.9.3 Financials 
           16.3.9.4 SWOT Analysis
        16.3.10    Medtronic Inc.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio 
        16.3.11    Syncardia Systems LLC (Versa Capital Management LLC)
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio 
           16.3.11.3 SWOT Analysis
        16.3.12    TandemLife (LivaNova Plc)
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio
        16.3.13    Terumo Corporation
           16.3.13.1 Company Overview
           16.3.13.2 Product Portfolio
           16.3.13.3 Financials 
           16.3.13.4 SWOT Analysis

List of Figures

Figure 1: Global: Ventricular Assist Device Market: Major Drivers and Challenges
Figure 2: Global: Ventricular Assist Device Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Ventricular Assist Device Market: Breakup by Product (in %), 2019
Figure 4: Global: Ventricular Assist Device Market: Breakup by Flow Type (in %), 2019
Figure 5: Global: Ventricular Assist Device Market: Breakup by Product Type (in %), 2019
Figure 6: Global: Ventricular Assist Device Market: Breakup by Application (in %), 2019
Figure 7: Global: Ventricular Assist Device Market: Breakup by End-User (in %), 2019
Figure 8: Global: Ventricular Assist Device Market: Breakup by Region (in %), 2019
Figure 9: Global: Ventricular Assist Device Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 10: Global: Ventricular Assist Device (Left Ventricular Assist Device) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Ventricular Assist Device (Left Ventricular Assist Device) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Ventricular Assist Device (Right Ventricular Assist Device) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Ventricular Assist Device (Right Ventricular Assist Device) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Ventricular Assist Device (Biventricular Assist Device)Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Ventricular Assist Device (Biventricular Assist Device)Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Ventricular Assist Device (Other Product Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Ventricular Assist Device (Other Product Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Ventricular Assist Device (Pulsatile Flow) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Ventricular Assist Device (Pulsatile Flow) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Ventricular Assist Device (Non-Pulsatile or Continuous Flow) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Ventricular Assist Device (Non-Pulsatile or Continuous Flow) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Ventricular Assist Device (Implantable Ventricular Assist Devices) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Ventricular Assist Device (Implantable Ventricular Assist Devices) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Ventricular Assist Device (Non-implantable Ventricular Assist Devices) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Ventricular Assist Device (Non-implantable Ventricular Assist Devices) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Ventricular Assist Device (Bridge-to-Transplant Therapy) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Ventricular Assist Device (Bridge-to-Transplant Therapy) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Ventricular Assist Device (Destination Therapy) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Ventricular Assist Device (Destination Therapy) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Ventricular Assist Device (Bridge to Recovery and Bridge to Candidacy) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Ventricular Assist Device (Bridge to Recovery and Bridge to Candidacy) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Ventricular Assist Device (Ambulatory Surgery Centers) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Ventricular Assist Device (Ambulatory Surgery Centers) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Global: Ventricular Assist Device (Hospitals) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Global: Ventricular Assist Device (Hospitals) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Global: Ventricular Assist Device (Other End-Users) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Global: Ventricular Assist Device (Other End-Users) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: North America: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: North America: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: United States: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: United States: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Canada: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Canada: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Asia Pacific: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Asia Pacific: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: China: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: China: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Japan: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Japan: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: India: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: India: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: South Korea: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: South Korea: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Australia: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Australia: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Indonesia: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Indonesia: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Others: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Others: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Europe: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Europe: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Germany: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Germany: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: France: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: France: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: United Kingdom: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: United Kingdom: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Italy: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Italy: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Spain: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Spain: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Russia: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Russia: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Others: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Others: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Latin America: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Latin America: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Brazil: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Brazil: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: Mexico: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 81: Mexico: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 82: Others: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 83: Others: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 84: Middle East and Africa: Ventricular Assist Device Market: Sales Value (in Million US$), 2014 & 2019
Figure 85: Middle East and Africa: Ventricular Assist Device Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 86: Global: Ventricular Assist Device Industry: SWOT Analysis
Figure 87: Global: Ventricular Assist Device Industry: Value Chain Analysis
Figure 88: Global: Ventricular Assist Device Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Ventricular Assist Device Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Ventricular Assist Device Market Forecast: Breakup by Product (in Million US$), 2020-2025
Table 3: Global: Ventricular Assist Device Market Forecast: Breakup by Flow Type (in Million US$), 2020-2025
Table 4: Global: Ventricular Assist Device Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 5: Global: Ventricular Assist Device Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 6: Global: Ventricular Assist Device Market Forecast: Breakup by End-User (in Million US$), 2020-2025
Table 7: Global: Ventricular Assist Device Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 8: Global: Ventricular Assist Device Market Structure
Table 9: Global: Ventricular Assist Device Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Purchase Options




$ 2299

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-702-409-7331 )
( India: +91-120-433-0800 )


Drop us an email at

sales@imarcgroup.com

Social Links