Ventricular Assist Device Market Size, Growth, Research Trends 2025

Precision Business Insights has published a report on the global ventricular assist device market, estimating its value at USD 1593.3 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.22% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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The market encompasses different types of devices such as left ventricular assist devices (LVADs), right ventricular assist devices (RVADs), and biventricular assist devices (BiVADs), along with associated accessories and surgical procedures. Growth in this market is driven by rising incidences of heart failure, increasing demand for advanced cardiac care technologies, improvements in device miniaturization and durability, and greater adoption of minimally invasive procedures.

The ventricular assist device market is primarily driven by the rising prevalence of cardiovascular diseases and heart failure worldwide, fueled by sedentary lifestyles, obesity, hypertension, and diabetes. The growing shortage of donor hearts for transplantation has further accelerated the demand for VADs as a bridge-to-transplant or long-term therapy.

The global ventricular assist device market segmentation:
1) By Product: Left Ventricular Assist Device, Right Ventricular Assist Device, Bi-Ventricular Assist Device, Total Artificial Heart
2) By Type: Pulsatile Flow, Continuous Flow
3) By Design: Implantable Ventricular Assist Device, Transcutaneous Ventricular Assist Device
4) By Application: Bridge to Transplant, Destination Therapy, Others

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Regional Overview:
The report also examines the current concerns and their Future Effects on the ventricular assist device market by the region. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Abbott (US), Reliant Heart Inc. (US), Abiomed Inc. (US), Cardiac Assist Inc. (US), Cirtec (US), CorWave SA (France), Medtronic plc (Ireland), Fineheart (France), Berlin Heart GmbH (Germany)    

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