
Global Ventricular Assist Device Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031
Description
Summary
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 APO Research, The global Ventricular Assist Device market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Ventricular Assist Device is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Ventricular Assist Device is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The China market for Ventricular Assist Device is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Ventricular Assist Device is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Ventricular Assist Device include AbioMed, Abbott (Thoratec), Medtronic (HeartWare) and Berlin Heart, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report presents an overview of global market for Ventricular Assist Device, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020-2024, estimates for 2025, and projections of CAGR through 2031.
This report researches the key producers of Ventricular Assist Device, also provides the sales of main regions and countries. Of the upcoming market potential for Ventricular Assist Device, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Ventricular Assist Device sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Ventricular Assist Device market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Ventricular Assist Device sales, projected growth trends, production technology, application and end-user industry.
Ventricular Assist Device Segment by Company
AbioMed
Abbott (Thoratec)
Medtronic (HeartWare)
Berlin Heart
Ventricular Assist Device Segment by Type
LVADs
RVADs
BIVADs
Ventricular Assist Device Segment by Application
Bridge-to-transplant (BTT)
Destination Therapy (DT)
Other
Ventricular Assist Device Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Ventricular Assist Device market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Ventricular Assist Device and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Ventricular Assist Device.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Ventricular Assist Device market, including product definition, global market growth prospects, market size, sales, and average price forecasts (2020-2031).
Chapter 2: Provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Ventricular Assist Device manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Ventricular Assist Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Revenue of Ventricular Assist Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report
Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.
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 APO Research, The global Ventricular Assist Device market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Ventricular Assist Device is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Ventricular Assist Device is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The China market for Ventricular Assist Device is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Ventricular Assist Device is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Ventricular Assist Device include AbioMed, Abbott (Thoratec), Medtronic (HeartWare) and Berlin Heart, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report presents an overview of global market for Ventricular Assist Device, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020-2024, estimates for 2025, and projections of CAGR through 2031.
This report researches the key producers of Ventricular Assist Device, also provides the sales of main regions and countries. Of the upcoming market potential for Ventricular Assist Device, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Ventricular Assist Device sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Ventricular Assist Device market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Ventricular Assist Device sales, projected growth trends, production technology, application and end-user industry.
Ventricular Assist Device Segment by Company
AbioMed
Abbott (Thoratec)
Medtronic (HeartWare)
Berlin Heart
Ventricular Assist Device Segment by Type
LVADs
RVADs
BIVADs
Ventricular Assist Device Segment by Application
Bridge-to-transplant (BTT)
Destination Therapy (DT)
Other
Ventricular Assist Device Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Ventricular Assist Device market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Ventricular Assist Device and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Ventricular Assist Device.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Ventricular Assist Device market, including product definition, global market growth prospects, market size, sales, and average price forecasts (2020-2031).
Chapter 2: Provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Ventricular Assist Device manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Ventricular Assist Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Revenue of Ventricular Assist Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report
Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.
Table of Contents
179 Pages
- 1 Market Overview
- 1.1 Product Definition
- 1.2 Global Ventricular Assist Device Market Size, 2020 VS 2024 VS 2031
- 1.3 Global Ventricular Assist Device Market Size Estimates and Forecasts (2020-2031)
- 1.4 Global Ventricular Assist Device Sales Estimates and Forecasts (2020-2031)
- 1.5 Global Ventricular Assist Device Market Average Price (2020-2031)
- 1.6 Assumptions and Limitations
- 1.7 Study Goals and Objectives
- 2 Global Ventricular Assist Device Market Dynamics
- 2.1 Ventricular Assist Device Industry Trends
- 2.2 Ventricular Assist Device Industry Drivers
- 2.3 Ventricular Assist Device Industry Opportunities and Challenges
- 2.4 Ventricular Assist Device Industry Restraints
- 3 Ventricular Assist Device Market by Manufacturers
- 3.1 Global Ventricular Assist Device Revenue by Manufacturers (2020-2025)
- 3.2 Global Ventricular Assist Device Sales by Manufacturers (2020-2025)
- 3.3 Global Ventricular Assist Device Average Sales Price by Manufacturers (2020-2025)
- 3.4 Global Ventricular Assist Device Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
- 3.5 Global Ventricular Assist Device Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Ventricular Assist Device Manufacturers, Product Type & Application
- 3.7 Global Ventricular Assist Device Manufacturers Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Ventricular Assist Device Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Ventricular Assist Device Players Market Share by Revenue in 2024
- 3.8.3 2024 Ventricular Assist Device Tier 1, Tier 2, and Tier 3
- 4 Ventricular Assist Device Market by Type
- 4.1 Ventricular Assist Device Type Introduction
- 4.1.1 LVADs
- 4.1.2 RVADs
- 4.1.3 BIVADs
- 4.2 Global Ventricular Assist Device Sales by Type
- 4.2.1 Global Ventricular Assist Device Sales by Type (2020 VS 2024 VS 2031)
- 4.2.2 Global Ventricular Assist Device Sales by Type (2020-2031)
- 4.2.3 Global Ventricular Assist Device Sales Market Share by Type (2020-2031)
- 4.3 Global Ventricular Assist Device Revenue by Type
- 4.3.1 Global Ventricular Assist Device Revenue by Type (2020 VS 2024 VS 2031)
- 4.3.2 Global Ventricular Assist Device Revenue by Type (2020-2031)
- 4.3.3 Global Ventricular Assist Device Revenue Market Share by Type (2020-2031)
- 5 Ventricular Assist Device Market by Application
- 5.1 Ventricular Assist Device Application Introduction
- 5.1.1 Bridge-to-transplant (BTT)
- 5.1.2 Destination Therapy (DT)
- 5.1.3 Other
- 5.2 Global Ventricular Assist Device Sales by Application
- 5.2.1 Global Ventricular Assist Device Sales by Application (2020 VS 2024 VS 2031)
- 5.2.2 Global Ventricular Assist Device Sales by Application (2020-2031)
- 5.2.3 Global Ventricular Assist Device Sales Market Share by Application (2020-2031)
- 5.3 Global Ventricular Assist Device Revenue by Application
- 5.3.1 Global Ventricular Assist Device Revenue by Application (2020 VS 2024 VS 2031)
- 5.3.2 Global Ventricular Assist Device Revenue by Application (2020-2031)
- 5.3.3 Global Ventricular Assist Device Revenue Market Share by Application (2020-2031)
- 6 Global Ventricular Assist Device Sales by Region
- 6.1 Global Ventricular Assist Device Sales by Region: 2020 VS 2024 VS 2031
- 6.2 Global Ventricular Assist Device Sales by Region (2020-2031)
- 6.2.1 Global Ventricular Assist Device Sales by Region (2020-2025)
- 6.2.2 Global Ventricular Assist Device Sales Forecasted by Region (2025-2030)
- 6.3 North America
- 6.3.1 North America Ventricular Assist Device Sales Growth Rate by Country: 2020 VS 2024 VS 2031
- 6.3.2 North America Ventricular Assist Device Sales by Country (2020-2031)
- 6.3.3 U.S.
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Ventricular Assist Device Sales Growth Rate by Country: 2020 VS 2024 VS 2031
- 6.4.2 Europe Ventricular Assist Device Sales by Country (2020-2031)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Netherlands
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Ventricular Assist Device Sales Growth Rate by Country: 2020 VS 2024 VS 2031
- 6.5.2 Asia Pacific Ventricular Assist Device Sales by Country (2020-2031)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 Southeast Asia
- 6.5.7 India
- 6.5.8 Australia
- 6.6 South America, Middle East and Africa
- 6.6.1 South America, Middle East and Africa Ventricular Assist Device Sales Growth Rate by Country: 2020 VS 2024 VS 2031
- 6.6.2 South America, Middle East and Africa Ventricular Assist Device Sales by Country (2020-2031)
- 6.6.3 Brazil
- 6.6.4 South Africa
- 6.6.5 Saudi Arabia
- 6.6.6 Turkey
- 6.6.6 Argentina
- 6.6.6 UAE
- 6.6.6 Egypt
- 6.6.6 Chile
- 7 Global Ventricular Assist Device Revenue by Region
- 7.1 Global Ventricular Assist Device Revenue by Region
- 7.1.1 Global Ventricular Assist Device Revenue by Region: 2020 VS 2024 VS 2031
- 7.1.2 Global Ventricular Assist Device Revenue by Region (2020-2025)
- 7.1.3 Global Ventricular Assist Device Revenue by Region (2026-2031)
- 7.1.4 Global Ventricular Assist Device Revenue Market Share by Region (2020-2031)
- 7.2 North America
- 7.2.1 North America Ventricular Assist Device Revenue (2020-2031)
- 7.2.2 North America Ventricular Assist Device Revenue Share by Country: 2020 VS 2024 VS 2031
- 7.3 Europe
- 7.3.1 Europe Ventricular Assist Device Revenue (2020-2031)
- 7.3.2 Europe Ventricular Assist Device Revenue Share by Country: 2020 VS 2024 VS 2031
- 7.4 Asia-Pacific
- 7.4.1 Asia-Pacific Ventricular Assist Device Revenue (2020-2031)
- 7.4.2 Asia-Pacific Ventricular Assist Device Revenue Share by Country: 2020 VS 2024 VS 2031
- 7.5 South America, Middle East and Africa
- 7.5.1 South America, Middle East and Africa Ventricular Assist Device Revenue (2020-2031)
- 7.5.2 South America, Middle East and Africa Ventricular Assist Device Revenue Share by Country: 2020 VS 2024 VS 2031
- 8 Company Profiles
- 8.1 AbioMed
- 8.1.1 AbioMed Comapny Information
- 8.1.2 AbioMed Business Overview
- 8.1.3 AbioMed Ventricular Assist Device Sales, Price, Revenue and Gross Margin (2020-2025)
- 8.1.4 AbioMed Ventricular Assist Device Product Portfolio
- 8.1.5 AbioMed Recent Developments
- 8.2 Abbott (Thoratec)
- 8.2.1 Abbott (Thoratec) Comapny Information
- 8.2.2 Abbott (Thoratec) Business Overview
- 8.2.3 Abbott (Thoratec) Ventricular Assist Device Sales, Price, Revenue and Gross Margin (2020-2025)
- 8.2.4 Abbott (Thoratec) Ventricular Assist Device Product Portfolio
- 8.2.5 Abbott (Thoratec) Recent Developments
- 8.3 Medtronic (HeartWare)
- 8.3.1 Medtronic (HeartWare) Comapny Information
- 8.3.2 Medtronic (HeartWare) Business Overview
- 8.3.3 Medtronic (HeartWare) Ventricular Assist Device Sales, Price, Revenue and Gross Margin (2020-2025)
- 8.3.4 Medtronic (HeartWare) Ventricular Assist Device Product Portfolio
- 8.3.5 Medtronic (HeartWare) Recent Developments
- 8.4 Berlin Heart
- 8.4.1 Berlin Heart Comapny Information
- 8.4.2 Berlin Heart Business Overview
- 8.4.3 Berlin Heart Ventricular Assist Device Sales, Price, Revenue and Gross Margin (2020-2025)
- 8.4.4 Berlin Heart Ventricular Assist Device Product Portfolio
- 8.4.5 Berlin Heart Recent Developments
- 9 Value Chain and Sales Channels Analysis
- 9.1 Ventricular Assist Device Value Chain Analysis
- 9.1.1 Ventricular Assist Device Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Ventricular Assist Device Production Mode & Process
- 9.2 Ventricular Assist Device Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Ventricular Assist Device Distributors
- 9.2.3 Ventricular Assist Device Customers
- 10 Concluding Insights
- 11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.