Ventricular Assist Device Market Size to Hit US$ 10.5 Bn through 2030

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The global Ventricular Assist Device market size is expected to be worth around US$ 10.5 billion by 2030, according to a new report by Vision Research Reports.

The global Ventricular Assist Device market size was valued at US$ 2.8 billion in 2020 and is anticipated to grow at a CAGR of 20.3% during forecast period 2021 to 2030.

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Ventricular Assist Device Market (By Product: Left Ventricular Assist Device, Right Ventricular Assist Device, Bi-Ventricular Assist Device, Total Artificial Heart By Type Of Flow: Pulsatile Flow, Continuous Flow; By Application: Bridge to Transplant, Destination Therapy, Others; By Design: Implantable Ventricular Assist Device, Transcutaneous Ventricular Assist Device) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Ventricular Assist Device Market Size 2021 to 2030

Growth Factors

The rapidly growing global geriatric population is susceptible to chronic medical ailments such as diabetes, neurological disorders, cardiovascular diseases, stroke, and end-stage cardiac failure. The rising risks of organ failures and the growing demand for organ transplants due to these chronic ailments are contributing to the growth of the market for Ventricular Assist Devices (VADs).

to-transplant are anticipated to drive the market for VAD in the forthcoming years.

Report Coverage Details
Market Size US$ 10.5 billion by 2030
Growth Rate CAGR of 20.3% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Type of Flow, Design, Application
Regional Scope North America, Latin America, Europe, Asia Pacific, MEA
Companies Mentioned Abiomed; Medtronic; Abbott; Berlin Heart; Cardiac Assist, Inc.; Jarvik Heart, Inc.; ReliantHeart, Inc.; Sun Medical Technology Research Corp

Key Players

  • Abiomed
  • Medtronic
  • Abbott
  • Berlin Heart
  • Cardiac Assist, Inc.
  • Jarvik Heart, Inc.
  • ReliantHeart, Inc.
  • Sun Medical Technology Research Corp

Market Segmentation

  • Product Outlook
    • Left Ventricular Assist Device
    • Right Ventricular Assist Device
    • Bi-Ventricular Assist Device
    • Total Artificial Heart
  • Type Of Flow Outlook
    • Pulsatile Flow
    • Continuous Flow
  •  Application Outlook
    • Bridge to Transplant
    • Destination Therapy
    • Others (Bridge to Recovery, Bridge to Candidacy, and Others)
  •  Design Outlook
    • Implantable Ventricular Assist Device
    • Transcutaneous Ventricular Assist Device
  •  Regional Outlook
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • Spain
      • Italy
      • France
      • Russia
    • Asia Pacific
      • Japan
      • China
      • India
      • Singapore
      • Australia
      • South Korea
    • Latin America
      • Brazil
      • Mexico
      • Argentina
    • MEA
      • South Africa
      • Saudi Arabia
      • UAE

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