Ventricular Assist Device Market to See Sustainable Growth Ahead: Jarvik Heart, ReliantHeart, Medtronic

Ventricular Assist Device Market

The Latest Released Ventricular Assist Device market study has evaluated the future growth potential of Ventricular Assist Device market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Ventricular Assist Device market. The study includes market share analysis and profiles of players such as Abbott Laboratories (United States), Berlin Heart GmbH (Germany), BiVACOR Inc. (United States), CardiacAssist Inc. (United States), Carmat SA (France), HeartWare International Inc. (United States), Jarvik Heart Inc. (United States), Leviticus Cardio Ltd. (Israel), Medtronic plc (Ireland), MicroMed Cardiovascular Inc. (United States), ReliantHeart Inc. (United States), St. Jude Medical Inc. (United States)


This article will assist you in understanding the pattern with Impacting Trends if you are a Ventricular Assist Device manufacturer and would like to check or comprehend the policy and regulatory ideas, designing clear explanations of the stakes, prospective winners and losers, and choices for improvement. Click To get SAMPLE PDF (Including Full TOC, Table & Figures)


Ventricular Assist Device Market Overview

A ventricular assist device (VAD) is a mechanical pump that is implanted inside a patient’s chest to help the heart pump blood. It is used in patients with severe heart failure who are awaiting heart transplant or as a long-term treatment option for those who are not eligible for heart transplant.

Market Trends

The increasing prevalence of heart failure and other cardiovascular diseases globally is driving the demand for VADs.

Market Drivers

The rising incidence of heart failure and other cardiovascular diseases worldwide is a significant driver of the VAD market. As populations age and lifestyles change, the prevalence of heart failure is expected to continue growing, creating a larger patient pool for VAD therapy.

Market Development Strategies:

on June 3, 2021. Abbott is also funding training and teaching programs for more physicians who will be giving Abbott’s HeartMate 3TM heart pumps to their patients shortly. The market for ventricular assist devices is competitive owing to the presence of a large number of players. Mergers, acquisitions, and collaboration are common strategies implemented by companies to increase market reach. The report analyzes the market’s competitive landscape and offers information on several market vendors, including Leviticus Cardio Ltd., Medtronic plc, and MicroMed Cardiovascular Inc., among others.


Major Highlights of the Ventricular Assist Device Market report released by HTF MI

The Ventricular Assist Device Market is segmented by Application (Bridge-To-Transplant (BTT), Bridge-To-Recovery (BTR), Destination Therapy (DT)) by Type (Left Ventricular Assist Devices (LVADs), Right Ventricular Assist Devices (RVADs), Biventricular Assist Devices (BiVADs)) by Distribution Channels (Direct, Distributor) by End-User (Hospitals, Cardiac Centers, Ambulatory Surgical Centers) by Mode of Operation (Pulsatile, Continuous Flow) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

Revenue and Sales Estimation — Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.

SWOT Analysis on Ventricular Assist Device Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.

Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.

Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of Ventricular Assist Device
• Regulation and its Implications
• Other Compliances

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In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.

• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: Abbott Laboratories (United States), Berlin Heart GmbH (Germany), BiVACOR Inc. (United States), CardiacAssist Inc. (United States), Carmat SA (France), HeartWare International Inc. (United States), Jarvik Heart Inc. (United States), Leviticus Cardio Ltd. (Israel), Medtronic plc (Ireland), MicroMed Cardiovascular Inc. (United States), ReliantHeart Inc. (United States), St. Jude Medical Inc. (United States)

Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

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Overview of Ventricular Assist Device Market

– Market dynamics

Growth Drivers, Market Trends, Opportunities and Challenges

Five Forces Analysis

Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry

– Ventricular Assist Device Size (USD & Sales Volume) Comparison by Type (2019- 2030)

– Ventricular Assist Device Size (USD & Consumption) and Market Share Comparison by Application (2019- 2030)

– Ventricular Assist Device Size (Value & Volume) Comparison by Region (2019- 2030)

– Market Capacity, Production, Export-Import by Region (2019-2023E)

– Ventricular Assist Device Market Sales, Revenue and Growth Rate (2019- 2030)

– Competitive Situation and Trends

– Market Positioning and Share Analysis (2020-2023E)

– Suppliers High-Performance Operational Base Distribution

– Analyse competitors, Profiles, Sales Area, Product Category

Ventricular Assist Device Cost Analysis

– Marketing Strategy Analysis

– Research Conclusions

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