According to this study, over the next five years the Left Ventricular Assist Device (LVAD) market will register a 15.8% CAGR in terms of revenue, the global market size will reach $ 3199.8 million by 2025, from $ 1781.4 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Left Ventricular Assist Device (LVAD) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Left Ventricular Assist Device (LVAD) market by type, application, key manufacturers and key regions and countries.
This study considers the Left Ventricular Assist Device (LVAD) value and volume generated from the sales of the following segments:
Segmentation by type: breakdown data from 2015 to 2020, in Section 2.3; and forecast to 2025 in section 11.7.
BTT Therapy
Destination Therapy (DT)
Other
BTT therapy was leading segment and it accounted for over 73% market share of total sales generated in 2018.
Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2024 in section 11.8.
Hospitals
Clinics
Hospital was leading segment and it accounted for over 65% market share of total sales generated in 2018. Clinics segment accounted for over 34% share of total sales generated in 2018.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
AbioMed
Destination Therapy (DT)
Abbott (Thoratec)
Berlin Heart
Jarvik Heart
Medtronic (HeartWare)
Market Segment by Product Type
Sun Medical Technology Research
BTT Therapy
ReliantHeart
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Left Ventricular Assist Device (LVAD) consumption (value & volume) by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Left Ventricular Assist Device (LVAD) market by identifying its various subsegments.
Focuses on the key global Left Ventricular Assist Device (LVAD) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Left Ventricular Assist Device (LVAD) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Left Ventricular Assist Device (LVAD) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Left Ventricular Assist Device (LVAD) Consumption 2015-2025
2.1.2 Left Ventricular Assist Device (LVAD) Consumption CAGR by Region
2.2 Left Ventricular Assist Device (LVAD) Segment by Type
2.2.1 BTT Therapy
2.2.2 Destination Therapy (DT)
2.2.3 Other
2.3 Left Ventricular Assist Device (LVAD) Consumption by Type
2.3.1 Global Left Ventricular Assist Device (LVAD) Consumption Market Share by Type (2015-2020)
2.3.2 Global Left Ventricular Assist Device (LVAD) Revenue and Market Share by Type (2015-2020)
2.3.3 Global Left Ventricular Assist Device (LVAD) Sale Price by Type (2015-2020)
2.4 Left Ventricular Assist Device (LVAD) Segment by Application
2.4.1 Hospitals
2.4.2 Clinics
2.5 Left Ventricular Assist Device (LVAD) Consumption by Application
2.5.1 Global Left Ventricular Assist Device (LVAD) Consumption Market Share by Type (2015-2020)
2.5.2 Global Left Ventricular Assist Device (LVAD) Value and Market Share by Type (2015-2020)
2.5.3 Global Left Ventricular Assist Device (LVAD) Sale Price by Type (2015-2020)
3 Global Left Ventricular Assist Device (LVAD) by Company
3.1 Global Left Ventricular Assist Device (LVAD) Sales Market Share by Company
3.1.1 Global Left Ventricular Assist Device (LVAD) Sales by Company (2018-2020)
3.1.2 Global Left Ventricular Assist Device (LVAD) Sales Market Share by Company (2018-2020)
3.2 Global Left Ventricular Assist Device (LVAD) Revenue Market Share by Company
3.2.1 Global Left Ventricular Assist Device (LVAD) Revenue by Company (2018-2020)
3.2.2 Global Left Ventricular Assist Device (LVAD) Revenue Market Share by Company (2018-2020)
3.3 Global Left Ventricular Assist Device (LVAD) Sale Price by Company
3.4 Global Left Ventricular Assist Device (LVAD) Manufacturing Base Distribution, Sales Area, Type by Company
3.4.1 Global Left Ventricular Assist Device (LVAD) Manufacturing Base Distribution and Sales Area by Company
3.4.2 Players Left Ventricular Assist Device (LVAD) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2018-2020)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Left Ventricular Assist Device (LVAD) by Regions
4.1 Left Ventricular Assist Device (LVAD) by Regions
4.2 Americas Left Ventricular Assist Device (LVAD) Consumption Growth
4.3 APAC Left Ventricular Assist Device (LVAD) Consumption Growth
4.4 Europe Left Ventricular Assist Device (LVAD) Consumption Growth
4.5 Middle East & Africa Left Ventricular Assist Device (LVAD) Consumption Growth
5 Americas
5.1 Americas Left Ventricular Assist Device (LVAD) Consumption by Countries
5.1.1 Americas Left Ventricular Assist Device (LVAD) Consumption by Countries (2015-2020)
5.1.2 Americas Left Ventricular Assist Device (LVAD) Value by Countries (2015-2020)
5.2 Americas Left Ventricular Assist Device (LVAD) Consumption by Type
5.3 Americas Left Ventricular Assist Device (LVAD) Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
5.8 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Left Ventricular Assist Device (LVAD) Consumption by Regions
6.1.1 APAC Left Ventricular Assist Device (LVAD) Consumption by Regions (2015-2020)
6.1.2 APAC Left Ventricular Assist Device (LVAD) Value by Regions (2015-2020)
6.2 APAC Left Ventricular Assist Device (LVAD) Consumption by Type
6.3 APAC Left Ventricular Assist Device (LVAD) Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Regions
7 Europe
7.1 Europe Left Ventricular Assist Device (LVAD) by Countries
7.1.1 Europe Left Ventricular Assist Device (LVAD) Consumption by Countries (2015-2020)
7.1.2 Europe Left Ventricular Assist Device (LVAD) Value by Countries (2015-2020)
7.2 Europe Left Ventricular Assist Device (LVAD) Consumption by Type
7.3 Europe Left Ventricular Assist Device (LVAD) Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Left Ventricular Assist Device (LVAD) by Countries
8.1.1 Middle East & Africa Left Ventricular Assist Device (LVAD) Consumption by Countries (2015-2020)
8.1.2 Middle East & Africa Left Ventricular Assist Device (LVAD) Value by Countries (2015-2020)
8.2 Middle East & Africa Left Ventricular Assist Device (LVAD) Consumption by Type
8.3 Middle East & Africa Left Ventricular Assist Device (LVAD) Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Left Ventricular Assist Device (LVAD) Distributors
10.3 Left Ventricular Assist Device (LVAD) Customer
11 Global Left Ventricular Assist Device (LVAD) Market Forecast
11.1 Global Left Ventricular Assist Device (LVAD) Consumption Forecast (2021-2025)
11.2 Global Left Ventricular Assist Device (LVAD) Forecast by Regions
11.2.1 Global Left Ventricular Assist Device (LVAD) Forecast by Regions (2021-2025)
11.2.2 Global Left Ventricular Assist Device (LVAD) Value Forecast by Regions (2021-2025)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Left Ventricular Assist Device (LVAD) Forecast by Type
11.8 Global Left Ventricular Assist Device (LVAD) Forecast by Application
12 Key Players Analysis
12.1 AbioMed
12.1.1 Company Information
12.1.2 Left Ventricular Assist Device (LVAD) Product Offered
12.1.3 AbioMed Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.1.4 Main Business Overview
12.1.5 AbioMed Latest Developments
12.2 Destination Therapy (DT)
12.2.1 Company Information
12.2.2 Left Ventricular Assist Device (LVAD) Product Offered
12.2.3 Destination Therapy (DT) Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.2.4 Main Business Overview
12.2.5 Destination Therapy (DT) Latest Developments
12.3 Abbott (Thoratec)
12.3.1 Company Information
12.3.2 Left Ventricular Assist Device (LVAD) Product Offered
12.3.3 Abbott (Thoratec) Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.3.4 Main Business Overview
12.3.5 Abbott (Thoratec) Latest Developments
12.4 Berlin Heart
12.4.1 Company Information
12.4.2 Left Ventricular Assist Device (LVAD) Product Offered
12.4.3 Berlin Heart Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.4.4 Main Business Overview
12.4.5 Berlin Heart Latest Developments
12.5 Jarvik Heart
12.5.1 Company Information
12.5.2 Left Ventricular Assist Device (LVAD) Product Offered
12.5.3 Jarvik Heart Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.5.4 Main Business Overview
12.5.5 Jarvik Heart Latest Developments
12.6 Medtronic (HeartWare)
12.6.1 Company Information
12.6.2 Left Ventricular Assist Device (LVAD) Product Offered
12.6.3 Medtronic (HeartWare) Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.6.4 Main Business Overview
12.6.5 Medtronic (HeartWare) Latest Developments
12.7 Market Segment by Product Type
12.7.1 Company Information
12.7.2 Left Ventricular Assist Device (LVAD) Product Offered
12.7.3 Market Segment by Product Type Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.7.4 Main Business Overview
12.7.5 Market Segment by Product Type Latest Developments
12.8 Sun Medical Technology Research
12.8.1 Company Information
12.8.2 Left Ventricular Assist Device (LVAD) Product Offered
12.8.3 Sun Medical Technology Research Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.8.4 Main Business Overview
12.8.5 Sun Medical Technology Research Latest Developments
12.9 BTT Therapy
12.9.1 Company Information
12.9.2 Left Ventricular Assist Device (LVAD) Product Offered
12.9.3 BTT Therapy Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.9.4 Main Business Overview
12.9.5 BTT Therapy Latest Developments
12.10 ReliantHeart
12.10.1 Company Information
12.10.2 Left Ventricular Assist Device (LVAD) Product Offered
12.10.3 ReliantHeart Left Ventricular Assist Device (LVAD) Sales, Revenue, Price and Gross Margin (2018-2020)
12.10.4 Main Business Overview
12.10.5 ReliantHeart Latest Developments
13 Research Findings and Conclusion
List of Tables
Table 1. Research Methodology
Table 2. Data Source
Table 3. Left Ventricular Assist Device (LVAD) Consumption CAGR by Region 2015-2025 ($ Millions)
Table 4