Towards Healthcare
Ventricular Assist Device (VAD) Market Companies | 7.1% - CAGR

Ventricular Assist Device (VAD) Market Size Envisioned at USD 3.08 Billion by 2032

The report covers Ventricular Assist Device (VAD) Market Size, Companies and Segmentations by device type into Left Ventricular Assist Devices (LVAD), Right Ventricular Assist Devices (RVAD), Biventricular VADs and Pediatric VADs. Applications for VADs include Bridge to Recovery, Bridge to Transplant, Destination Therapy and other applications. End users of VADs are primarily Hospitals & Ambulatory Surgical Centers (ASCs) and Specialty Clinics & Others. Geographically, the market spans North America, Europe, Asia Pacific, Middle East and Africa, and South America. The report offers the value (in USD Billion) for the above segments.

Introduction

  • Research Objective
  • Scope of the Study
  • Definition and Taxonomy

Research Methodology

  • Research Approach
  • Data Sources
  • Assumptions

Executive Summary

  • Synopsis
  • Analyst Recommendations

Market Overview 

  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Value Chain Analysis
    • Raw Material Sourcing
    • Manufacturing Process
    • Logistics & Transportation
    • Buyer Preferences
  • Trends
    • Market Trends
    • Technological Trends
  • Porter’s Five Forces Analysis
    • Bargaining Power of Suppliers
    • Bargaining Power of Buyers
    • Threat of Substitute
    • Threat of New Entrants
    • Degree of Competition
  • PESTLE Analysis for 5 Leading Countries
    • Regulatory Framework for Leading Countries/Regions
    • Supply Demand Analysis
    • Production & Consumption Statistics
    • Export Import Statistics
    • Price Trend Analysis

Global Ventricular Assist Device (VAD) Market Assessment

  • Overview
  • Global Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Device Type (2021 – 2033)
    • LVAD
    • RVAD
    • Biventricular VAD
    • Pediatric VAD
  • Global Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Bridge to Recovery
    • Bridge to Transplant
    • Destination Therapy
    • Other Applications
  • Global Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Hospitals & ASCs
    • Specialty Clinics & Others
  • Global Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Geography (2021 – 2033)
    • North America
    • Europe
    • Asia Pacific
    • Middle East and Africa
    • South America

North America Ventricular Assist Device (VAD) Market Assessment

  • Overview
  • North America Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Device Type (2021 – 2033)
    • LVAD
    • RVAD
    • Biventricular VAD
    • Pediatric VAD
  • North America Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Bridge to Recovery
    • Bridge to Transplant
    • Destination Therapy
    • Other Applications
  • North America Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Hospitals & ASCs
    • Specialty Clinics & Others

Europe Ventricular Assist Device (VAD) Market Assessment

  • Overview
  • Europe Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Device Type (2021 – 2033)
    • LVAD
    • RVAD
    • Biventricular VAD
    • Pediatric VAD
  • Europe Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Bridge to Recovery
    • Bridge to Transplant
    • Destination Therapy
    • Other Applications
  • Europe Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Hospitals & ASCs
    • Specialty Clinics & Others

Asia Pacific Ventricular Assist Device (VAD) Market Assessment

  • Overview
  • Asia Pacific Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Device Type (2021 – 2033)
    • LVAD
    • RVAD
    • Biventricular VAD
    • Pediatric VAD
  • Asia Pacific Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Bridge to Recovery
    • Bridge to Transplant
    • Destination Therapy
    • Other Applications
  • Asia Pacific Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Hospitals & ASCs
    • Specialty Clinics & Others

Middle East and Africa Ventricular Assist Device (VAD) Market Assessment

  • Overview
  • Middle East and Africa Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Device Type (2021 – 2033)
    • LVAD
    • RVAD
    • Biventricular VAD
    • Pediatric VAD
  • Middle East and Africa Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Bridge to Recovery
    • Bridge to Transplant
    • Destination Therapy
    • Other Applications
  • Middle East and Africa Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Hospitals & ASCs
    • Specialty Clinics & Others

South America Ventricular Assist Device (VAD) Market Assessment

  • Overview
  • South America Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Device Type (2021 – 2033)
    • LVAD
    • RVAD
    • Biventricular VAD
    • Pediatric VAD
  • South America Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Bridge to Recovery
    • Bridge to Transplant
    • Destination Therapy
    • Other Applications
  • South America Ventricular Assist Device (VAD) Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Hospitals & ASCs
    • Specialty Clinics & Others

Company Profiles

  • ABIOMED
    • Company Overview
    • Geographic Footprints
    • Financial Performance
    • Product Portfolio
    • SWOT Analysis
    • R&D Efforts
    • Recent Developments & Strategic Collaborations
      • Product Launch/M&A/Technical Collaboration
  • Abbott
  • Jarvik Heart, Inc.
  • Medtronic plc
  • Berlin Heart GmbH
  • ReliantHeart Inc.
  • Abiomed Inc.
  • Cardiac Assist Inc.
  • Cirtec
  • CorWave SA
  • Fineheart

Conclusion & Recommendations

  • Insight Code: 5151
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: April 2024
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Deepa Pandey is a dedicated market research professional with over 2 years of experience in the healthcare industry. Specializing in healthcare market research, she brings valuable expertise in analyzing market trends, evaluating industry dynamics, and providing actionable insights to help businesses stay ahead in a competitive market.

Throughout her career, Deepa has focused on delivering in-depth research on various healthcare segments, including pharmaceuticals, biotechnology, and healthcare services. She excels in identifying emerging opportunities, assessing market risks, and understanding regulatory changes that impact the healthcare sector.

Her ability to synthesize complex data and translate it into clear, concise recommendations makes her a key contributor to successful strategic decision-making. Her work helps organizations better understand consumer behavior, market demands, and the regulatory landscape, facilitating informed business strategies.

With a passion for healthcare research and a commitment to excellence, Deepa continues to provide businesses with the market intelligence they need to thrive in an increasingly complex healthcare environment. Her insights are critical for companies seeking to navigate the evolving healthcare landscape and optimize their market positioning.

FAQ's

The market is expected to experience significant growth due to rising demand and technological advancements. Focus on affordability, improved access in developing regions, and ongoing innovation will shape the future of the VAD market.

Focus on developing cost-effective VADs with extended lifespans, growing adoption of minimally invasive VAD implantation techniques, and increasing interest in destination therapy for long-term heart failure management are some of the trends.

High upfront costs of VAD devices, surgery, and long-term care, limited insurance coverage, potential out-of-pocket expenses for patients, and a shortage of skilled surgeons trained in VAD implantation procedures.

World Health Organization, National Institute of Health and American Cancer Association.

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