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Ventricular Assist Devices Market Report

RA00493

Ventricular Assist Devices Market, by Product (Left Ventricular Assist Devices (LVADs), Right Ventricular Assist Devices (RVADs), Biventricular Assist Devices (BIVADs)), Application (Bridge-to-transplant (BTT) Therapy, Destination Therapy, Bridge-to-recovery (BTR) Therapy, Bridge-to-candidacy (BTC) Therapy), Design (Transcutaneous Ventricular Assist Devices, Implantable Ventricular Assist Devices): Global Opportunity Analysis and Industry Forecast, 2020-2027

RA00493

Pages: 320

Jan 2023

The global ventricular assist devices market is estimated to surpass $3,943.6 million by 2027, exhibiting a CAGR of 6.7% from 2020 to 2027.

The report offers thorough analysis of the global ventricular assist devices market by meticulously studying different aspects of the market including market dynamics, major segments, growth opportunities, regional market conditions, and leading players operating in the market.

This research report sheds a light on the current market scenario and upcoming trends & developments predicted to contribute for the global market growth during the forecast period. In addition, key market drivers and opportunities boosting the market growth are delivered in the report. Also, challenges and restraints that hold power to restrict the market growth are also offered in the report. Further, the report offers Porter’s five forces analysis of the market to elucidate factors such as bargaining power of suppliers & buyers, competitive landscape, threats of new players, and the occurrence of substitutes in the market.

The report offers future perspectives and growth outlook of the global ventricular assist devices market that is based on the key forces molding the market. The report provides market size and forecast by keenly evaluating each segment of the global market. Regional market breakdown of these segments is also offered in the report. The report segments the global ventricular assist devices market into four major regions including North America, Europe, Asia-Pacific, and LAMEA. Furthermore, these regions are sub-segmented to provide detailed panorama of the ventricular assist devices market across major countries in specific regions. Moreover, the report includes some of the recent developments, trends, and future opportunities in each region.

Furthermore, the report highlights the major players functioning in the global ventricular assist devices market. A detailed overview of top 10 players operating in the global ventricular assist devices market is provided in the report for understanding their status and foothold over the market share. Company profile of each player includes several data points such as short overview of the company, major company executives, company’s financial status and revenue, major business strategies implemented by company, innovative developments or initiatives taken by company to shove their position and standout among other competitors in the global ventricular assist devices market.

RESEARCH METHODOLOGY

Research Dive offers its clients extensive research and analysis gleaned from wide variety of factual inputs that largely includes interview with participants of the industry, reliable data & statistics, and regional intelligence. The in-house experts of the industry play a crucial role in designing analytic tools and models, tailor-made to the requests of an industry segment. The data and statistics are sterilized with these analytical tools and models, which enhances the accuracy of our advice and recommendations.

This research report is delivered by Research Dive by conducting long hours of discussions and interviews, with a broad range of stakeholders, which includes upstream and downstream participants. Our analysts have performed a mix of primary and secondary research for the market estimations and forecasts. A number of product type literatures, industry releases, annual reports, and other related documents of major participants of the industry have been reviewed, to better understand the global ventricular assist devices market scenario. The initial phase of our in-depth study, where we perform wide-range data mining, referring to proficient & verified data sources such as independent studies, medical journals, technical journals, releases by trade association, materials published by government & regulatory authorities, and other.

KEY MARKET BENEFITS

  • The report is a compilation of detailed information, inputs from industry participants and industry experts across the value chain, and quantitative and qualitative assessment by industry analysts
  • This report provides in-depth analysis of current market trends, governing factors, macro-economic indicators from 2019 to 2027 to identify & understand the prevailing opportunities and the strategic assessment of the growth of the global ventricular assist devices market
  • The report maps the qualitative sway of various industry factors on market segments as well as geographies
  • The market estimations and size provided in the report are based on a comprehensive analysis of recent & futuristic key developments in the ventricular assist devices market
  • The growth and development strategies adopted by the prominent industry players are enlisted in the report to understand the competitive scenario of the ventricular assist devices market

KEY MARKET SEGMENTS

The market has been studied based on the following segments:

  • Product: Left Ventricular Assist Devices (LVADs), Right Ventricular Assist Devices (RVADs), Biventricular Assist Devices (BIVADs)
  • Application: Bridge-to-transplant (BTT) Therapy, Destination Therapy, Bridge-to-recovery (BTR) Therapy, Bridge-to-candidacy (BTC) Therapy
  • Design: Transcutaneous Ventricular Assist Devices, Implantable Ventricular Assist Devices

Region:

The global ventricular assist devices market is divided into North America, Europe, Asia Pacific, and LAMEA.

The above-mentioned regions are further dived in countries as follows:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of LAMEA

KEY PLAYERS

The key players profiled in the report are Jarvik Heart, Inc., Calon Cardio-Technology Ltd., ReliantHeart, Inc., Abbott Laboratories (St. Jude Medical, Inc.).

The report outlines the business overview including financial performance, latest strategic moves & developments, product portfolio, and SWOT analysis of the leading players of the ventricular assist devices market.

    1. Abiomed, Inc.

    2. Asahi Kasei Corporation (Evaheart Medical U.S.A., Inc.)

    3. Abbott Laboratories (St. Jude Medical, Inc.)

    4. Berlin Heart GmbH

    5. Calon Cardio-Technology Ltd.

    6. CardiacAssist Technologies

    7. Jarvik Heart, Inc.

    8. Medtronic plc

    9. ReliantHeart, Inc.

    10. Terumo Medical Corporation

  • 1. RESEARCH METHODOLOGY

    • 1.1. Desk Research

    • 1.2. Real time insights and validation

    • 1.3. Forecast model

    • 1.4. Assumptions and forecast parameters

    • 1.5. Market size estimation

      • 1.5.1. Top-down approach

      • 1.5.2. Bottom-up approach

  • 2. REPORT SCOPE

    • 2.1. Market definition

    • 2.2. Key objectives of the study

    • 2.3. Report overview

    • 2.4. Market segmentation

    • 2.5. Overview of the impact of COVID-19 on Global Ventricular Assist Devices Market

  • 3. EXECUTIVE SUMMARY

  • 4. MARKET OVERVIEW

    • 4.1. Introduction

    • 4.2. Growth impact forces

      • 4.2.1. Drivers

      • 4.2.2. Restraints

      • 4.2.3. Opportunities

    • 4.3. Market value chain analysis

      • 4.3.1. List of raw material suppliers

      • 4.3.2. List of manufacturers

      • 4.3.3. List of distributors

    • 4.4. Innovation & sustainability matrices

      • 4.4.1. Technology matrix

      • 4.4.2. Regulatory matrix

    • 4.5. Porter’s five forces analysis

      • 4.5.1. Bargaining power of suppliers

      • 4.5.2. Bargaining power of consumers

      • 4.5.3. Threat of substitutes

      • 4.5.4. Threat of new entrants

      • 4.5.5. Competitive rivalry intensity

    • 4.6. PESTLE analysis

      • 4.6.1. Political

      • 4.6.2. Economical

      • 4.6.3. Social

      • 4.6.4. Technological

      • 4.6.5. Environmental

    • 4.7. Impact of COVID-19 on Ventricular Assist Devices Market

      • 4.7.1. Pre-covid market scenario

      • 4.7.2. Post-covid market scenario

  • 5. Ventricular Assist Devices Market, By Product

    • 5.1. Overview

    • 5.2 Left Ventricular Assist Devices (LVADs)

      • 5.2.1 Definition, key trends, growth factors, and opportunities

      • 5.2.2 Market size analysis, by region, 2020-2027

      • 5.2.3 Market share analysis, by country, 2020-2027

    • 5.3 Right Ventricular Assist Devices (RVADs)

      • 5.3.1 Definition, key trends, growth factors, and opportunities

      • 5.3.2 Market size analysis, by region, 2020-2027

      • 5.3.3 Market share analysis, by country, 2020-2027

    • 5.4 Biventricular Assist Devices (BIVADs)

      • 5.4.1 Definition, key trends, growth factors, and opportunities

      • 5.4.2 Market size analysis, by region, 2020-2027

      • 5.4.3 Market share analysis, by country, 2020-2027

    • 5.5 Research Dive Exclusive Insights

      • 5.5.1 Market attractiveness

      • 5.5.2 Competition heatmap

  • 6. Ventricular Assist Devices Market, By Application

    • 6.1. Overview

    • 6.2 Bridge-to-transplant (BTT) Therapy

      • 6.2.1 Definition, key trends, growth factors, and opportunities

      • 6.2.2 Market size analysis, by region, 2020-2027

      • 6.2.3 Market share analysis, by country, 2020-2027

    • 6.3 Destination Therapy

      • 6.3.1 Definition, key trends, growth factors, and opportunities

      • 6.3.2 Market size analysis, by region, 2020-2027

      • 6.3.3 Market share analysis, by country, 2020-2027

    • 6.4 Bridge-to-recovery (BTR) Therapy

      • 6.4.1 Definition, key trends, growth factors, and opportunities

      • 6.4.2 Market size analysis, by region, 2020-2027

      • 6.4.3 Market share analysis, by country, 2020-2027

    • 6.5 Bridge-to-candidacy (BTC) Therapy

      • 6.5.1 Definition, key trends, growth factors, and opportunities

      • 6.5.2 Market size analysis, by region, 2020-2027

      • 6.5.3 Market share analysis, by country, 2020-2027

    • 6.6 Research Dive Exclusive Insights

      • 6.6.1 Market attractiveness

      • 6.6.2 Competition heatmap

  • 7. Ventricular Assist Devices Market, By Design

    • 7.1. Overview

    • 7.2 Transcutaneous Ventricular Assist Devices

      • 7.2.1 Definition, key trends, growth factors, and opportunities

      • 7.2.2 Market size analysis, by region, 2020-2027

      • 7.2.3 Market share analysis, by country, 2020-2027

    • 7.3 Implantable Ventricular Assist Devices

      • 7.3.1 Definition, key trends, growth factors, and opportunities

      • 7.3.2 Market size analysis, by region, 2020-2027

      • 7.3.3 Market share analysis, by country, 2020-2027

    • 7.4 Research Dive Exclusive Insights

      • 7.4.1 Market attractiveness

      • 7.4.2 Competition heatmap

  • 8. Ventricular Assist Devices Market, By Region

    • 8.1 North America

      • 8.1.1 U.S

        • 8.1.1.1 Market size analysis, By Product, 2020-2027

        • 8.1.1.2 Market size analysis, By Application, 2020-2027

        • 8.1.1.3 Market size analysis, By Design, 2020-2027

      • 8.1.2 Canada

        • 8.1.2.1 Market size analysis, By Product, 2020-2027

        • 8.1.2.2 Market size analysis, By Application, 2020-2027

        • 8.1.2.3 Market size analysis, By Design, 2020-2027

      • 8.1.3 Mexico

        • 8.1.3.1 Market size analysis, By Product, 2020-2027

        • 8.1.3.2 Market size analysis, By Application, 2020-2027

        • 8.1.3.3 Market size analysis, By Design, 2020-2027

      • 8.1.4 Research Dive Exclusive Insights

        • 8.1.4.1 Market attractiveness

        • 8.1.4.2 Competition heatmap

    • 8.2 Europe

      • 8.2.1 Germany

        • 8.2.1.1 Market size analysis, By Product, 2020-2027

        • 8.2.1.2 Market size analysis, By Application, 2020-2027

        • 8.2.1.3 Market size analysis, By Design, 2020-2027

      • 8.2.2 UK

        • 8.2.2.1 Market size analysis, By Product, 2020-2027

        • 8.2.2.2 Market size analysis, By Application, 2020-2027

        • 8.2.2.3 Market size analysis, By Design, 2020-2027

      • 8.2.3 France

        • 8.2.3.1 Market size analysis, By Product, 2020-2027

        • 8.2.3.2 Market size analysis, By Application, 2020-2027

        • 8.2.3.3 Market size analysis, By Design, 2020-2027

      • 8.2.4 Spain

        • 8.2.4.1 Market size analysis, By Product, 2020-2027

        • 8.2.4.2 Market size analysis, By Application, 2020-2027

        • 8.2.4.3 Market size analysis, By Design, 2020-2027

      • 8.2.5 Italy

        • 8.2.5.1 Market size analysis, By Product, 2020-2027

        • 8.2.5.2 Market size analysis, By Application, 2020-2027

        • 8.2.5.3 Market size analysis, By Design, 2020-2027

      • 8.2.6 Rest of Europe

        • 8.2.6.1 Market size analysis, By Product, 2020-2027

        • 8.2.6.2 Market size analysis, By Application, 2020-2027

        • 8.2.6.3 Market size analysis, By Design, 2020-2027

      • 8.2.7 Research Dive Exclusive Insights

        • 8.2.7.1 Market attractiveness

        • 8.2.7.2 Competition heatmap

    • 8.3 Asia-Pacific

      • 8.3.1 China

        • 8.3.1.1 Market size analysis, By Product, 2020-2027

        • 8.3.1.2 Market size analysis, By Application, 2020-2027

        • 8.3.1.3 Market size analysis, By Design, 2020-2027

      • 8.3.2 Japan

        • 8.3.2.1 Market size analysis, By Product, 2020-2027

        • 8.3.2.2 Market size analysis, By Application, 2020-2027

        • 8.3.2.3 Market size analysis, By Design, 2020-2027

      • 8.3.3 India

        • 8.3.3.1 Market size analysis, By Product, 2020-2027

        • 8.3.3.2 Market size analysis, By Application, 2020-2027

        • 8.3.3.3 Market size analysis, By Design, 2020-2027

      • 8.3.4 Australia

        • 8.3.4.1 Market size analysis, By Product, 2020-2027

        • 8.3.4.2 Market size analysis, By Application, 2020-2027

        • 8.3.4.3 Market size analysis, By Design, 2020-2027

      • 8.3.5 South Korea

        • 8.3.5.1 Market size analysis, By Product, 2020-2027

        • 8.3.5.2 Market size analysis, By Application, 2020-2027

        • 8.3.5.3 Market size analysis, By Design, 2020-2027

      • 8.3.6 Rest of Asia-Pacific

        • 8.3.6.1 Market size analysis, By Product, 2020-2027

        • 8.3.6.2 Market size analysis, By Application, 2020-2027

        • 8.3.6.3 Market size analysis, By Design, 2020-2027

      • 8.3.7 Research Dive Exclusive Insights

        • 8.3.7.1 Market attractiveness

        • 8.3.7.2 Competition heatmap

    • 8.4 LAMEA

      • 8.4.1 Brazil

        • 8.4.1.1 Market size analysis, By Product, 2020-2027

        • 8.4.1.2 Market size analysis, By Application, 2020-2027

        • 8.4.1.3 Market size analysis, By Design, 2020-2027

      • 8.4.2 Saudi Arabia

        • 8.4.2.1 Market size analysis, By Product, 2020-2027

        • 8.4.2.2 Market size analysis, By Application, 2020-2027

        • 8.4.2.3 Market size analysis, By Design, 2020-2027

      • 8.4.3 UAE

        • 8.4.3.1 Market size analysis, By Product, 2020-2027

        • 8.4.3.2 Market size analysis, By Application, 2020-2027

        • 8.4.3.3 Market size analysis, By Design, 2020-2027

      • 8.4.4 South Africa

        • 8.4.4.1 Market size analysis, By Product, 2020-2027

        • 8.4.4.2 Market size analysis, By Application, 2020-2027

        • 8.4.4.3 Market size analysis, By Design, 2020-2027

      • 8.4.5 Rest of LAMEA

        • 8.4.5.1 Market size analysis, By Product, 2020-2027

        • 8.4.5.2 Market size analysis, By Application, 2020-2027

        • 8.4.5.3 Market size analysis, By Design, 2020-2027

      • 8.4.6 Research Dive Exclusive Insights

        • 8.4.6.1 Market attractiveness

        • 8.4.6.2 Competition heatmap

  • 9. Competitive Landscape

    • 9.1 Top winning strategies, 2020-2027

      • 9.1.1 By strategy

      • 9.1.2 By year

    • 9.2 Strategic overview

    • 9.3 Market share analysis, 2020-2027

  • 10. Company Profiles

    • 10.1 Abiomed, Inc.

      • 10.1.1 Overview

      • 10.1.2 Business segments

      • 10.1.3 Product portfolio

      • 10.1.4 Financial performance

      • 10.1.5 Recent developments

      • 10.1.6 SWOT analysis

    • 10.2 Asahi Kasei Corporation (Evaheart Medical U.S.A., Inc.)

      • 10.2.1 Overview

      • 10.2.2 Business segments

      • 10.2.3 Product portfolio

      • 10.2.4 Financial performance

      • 10.2.5 Recent developments

      • 10.2.6 SWOT analysis

    • 10.3 Abbott Laboratories (St. Jude Medical, Inc.)

      • 10.3.1 Overview

      • 10.3.2 Business segments

      • 10.3.3 Product portfolio

      • 10.3.4 Financial performance

      • 10.3.5 Recent developments

      • 10.3.6 SWOT analysis

    • 10.4 Berlin Heart GmbH

      • 10.4.1 Overview

      • 10.4.2 Business segments

      • 10.4.3 Product portfolio

      • 10.4.4 Financial performance

      • 10.4.5 Recent developments

      • 10.4.6 SWOT analysis

    • 10.5 Calon Cardio-Technology Ltd.

      • 10.5.1 Overview

      • 10.5.2 Business segments

      • 10.5.3 Product portfolio

      • 10.5.4 Financial performance

      • 10.5.5 Recent developments

      • 10.5.6 SWOT analysis

    • 10.6 CardiacAssist Technologies

      • 10.6.1 Overview

      • 10.6.2 Business segments

      • 10.6.3 Product portfolio

      • 10.6.4 Financial performance

      • 10.6.5 Recent developments

      • 10.6.6 SWOT analysis

    • 10.7 Jarvik Heart, Inc.

      • 10.7.1 Overview

      • 10.7.2 Business segments

      • 10.7.3 Product portfolio

      • 10.7.4 Financial performance

      • 10.7.5 Recent developments

      • 10.7.6 SWOT analysis

    • 10.8 Medtronic plc

      • 10.8.1 Overview

      • 10.8.2 Business segments

      • 10.8.3 Product portfolio

      • 10.8.4 Financial performance

      • 10.8.5 Recent developments

      • 10.8.6 SWOT analysis

    • 10.9 ReliantHeart, Inc.

      • 10.9.1 Overview

      • 10.9.2 Business segments

      • 10.9.3 Product portfolio

      • 10.9.4 Financial performance

      • 10.9.5 Recent developments

      • 10.9.6 SWOT analysis

    • 10.10 Terumo Medical Corporation

      • 10.10.1 Overview

      • 10.10.2 Business segments

      • 10.10.3 Product portfolio

      • 10.10.4 Financial performance

      • 10.10.5 Recent developments

      • 10.10.6 SWOT analysis

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