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Ventricular assist devices are mechanical pumps used to support cardiac circulation in patients who have weakened hearts.
A ventricular assist device (VAD) is an electromechanical device for assisting cardiac circulation, which is used either to partially or to completely replace the function of a failing heart. The function of VADs is different from that of artificial cardiac pacemakers; some are for short-term use, typically for patients recovering from myocardial infarction (heart attack) and for patients recovering from cardiac surgery; some are for long-term use (months to years to perpetuity), typically for patients suffering from advanced heart failure.
The major factors that drive the growth of the global ventricular assist devices market include increase in incidence of patients with heart failure and shortage of heart donors. In accordance with the estimates of the American Heart Association, approximately 5.5 million individuals are affected by heart failure in the U.S. In addition, in the U.S., approximately 670,000 new cases of heart failure are diagnosed each year. Moreover, it is estimated that in the U.S., approximately 5.7 million patients of age 20 are affected with heart failure, while 30% of patients are below the age of 60.
Some of the key applications in the foot orthotics insole market include Bridge-to-transplant (BTT), Destination Therapy (DT) and others. Bridge-to-transplant (BTT) segment accounted for over 52.2% share of total sales generated in 2018. Destination Therapy (DT) segment is another leading segment of Ventricular Assist Device market and it accounted for over 30% share of total market in 2018.
According to this study, over the next five years the Ventricular Assist Device market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ventricular Assist Device business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Ventricular Assist Device market by product type, application, key manufacturers and key regions and countries.
This study considers the Ventricular Assist Device value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
LVADs
RVADs
BIVADs
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Bridge-to-transplant (BTT)
Destination Therapy (DT)
Other
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
Abbott (Thoratec)
Medtronic (HeartWare)
Berlin Heart
...
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 Ventricular Assist Device consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ventricular Assist Device market by identifying its various subsegments.
Focuses on the key global Ventricular Assist Device 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 Ventricular Assist Device 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 Ventricular Assist Device 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
2019-2024 Global Ventricular Assist Device Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Ventricular Assist Device Consumption 2014-2024
2.1.2 Ventricular Assist Device Consumption CAGR by Region
2.2 Ventricular Assist Device Segment by Type
2.2.1 LVADs
2.2.2 RVADs
2.2.3 BIVADs
2.3 Ventricular Assist Device Consumption by Type
2.3.1 Global Ventricular Assist Device Consumption Market Share by Type (2014-2019)
2.3.2 Global Ventricular Assist Device Revenue and Market Share by Type (2014-2019)
2.3.3 Global Ventricular Assist Device Sale Price by Type (2014-2019)
2.4 Ventricular Assist Device Segment by Application
2.4.1 Bridge-to-transplant (BTT)
2.4.2 Destination Therapy (DT)
2.4.3 Other
2.5 Ventricular Assist Device Consumption by Application
2.5.1 Global Ventricular Assist Device Consumption Market Share by Application (2014-2019)
2.5.2 Global Ventricular Assist Device Value and Market Share by Application (2014-2019)
2.5.3 Global Ventricular Assist Device Sale Price by Application (2014-2019)
3 Global Ventricular Assist Device by Manufacturers
3.1 Global Ventricular Assist Device Sales Market Share by Manufacturers
3.1.1 Global Ventricular Assist Device Sales by Manufacturers (2017-2019)
3.1.2 Global Ventricular Assist Device Sales Market Share by Manufacturers (2017-2019)
3.2 Global Ventricular Assist Device Revenue Market Share by Manufacturers
3.2.1 Global Ventricular Assist Device Revenue by Manufacturers (2017-2019)
3.2.2 Global Ventricular Assist Device Revenue Market Share by Manufacturers (2017-2019)
3.3 Global Ventricular Assist Device Sale Price by Manufacturers
3.4 Global Ventricular Assist Device Manufacturing Base Distribution, Sales Area, Product Types by Manufacturers
3.4.1 Global Ventricular Assist Device Manufacturing Base Distribution and Sales Area by Manufacturers
3.4.2 Players Ventricular Assist Device Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Ventricular Assist Device by Regions
4.1 Ventricular Assist Device by Regions
4.1.1 Global Ventricular Assist Device Consumption by Regions
4.1.2 Global Ventricular Assist Device Value by Regions
4.2 Americas Ventricular Assist Device Consumption Growth
4.3 APAC Ventricular Assist Device Consumption Growth
4.4 Europe Ventricular Assist Device Consumption Growth
4.5 Middle East & Africa Ventricular Assist Device Consumption Growth
5 Americas
5.1 Americas Ventricular Assist Device Consumption by Countries
5.1.1 Americas Ventricular Assist Device Consumption by Countries (2014-2019)
5.1.2 Americas Ventricular Assist Device Value by Countries (2014-2019)
5.2 Americas Ventricular Assist Device Consumption by Type
5.3 Americas Ventricular Assist Device Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Ventricular Assist Device Consumption by Countries
6.1.1 APAC Ventricular Assist Device Consumption by Countries (2014-2019)
6.1.2 APAC Ventricular Assist Device Value by Countries (2014-2019)
6.2 APAC Ventricular Assist Device Consumption by Type
6.3 APAC Ventricular Assist Device 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 Countries
7 Europe
7.1 Europe Ventricular Assist Device by Countries
7.1.1 Europe Ventricular Assist Device Consumption by Countries (2014-2019)
7.1.2 Europe Ventricular Assist Device Value by Countries (2014-2019)
7.2 Europe Ventricular Assist Device Consumption by Type
7.3 Europe Ventricular Assist Device 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 Ventricular Assist Device by Countries
8.1.1 Middle East & Africa Ventricular Assist Device Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Ventricular Assist Device Value by Countries (2014-2019)
8.2 Middle East & Africa Ventricular Assist Device Consumption by Type
8.3 Middle East & Africa Ventricular Assist Device 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 Ventricular Assist Device Distributors
10.3 Ventricular Assist Device Customer
11 Global Ventricular Assist Device Market Forecast
11.1 Global Ventricular Assist Device Consumption Forecast (2019-2024)
11.2 Global Ventricular Assist Device Forecast by Regions
11.2.1 Global Ventricular Assist Device Forecast by Regions (2019-2024)
11.2.2 Global Ventricular Assist Device Value Forecast by Regions (2019-2024)
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 Ventricular Assist Device Forecast by Type
11.8 Global Ventricular Assist Device Forecast by Application
12 Key Players Analysis
12.1 AbioMed
12.1.1 Company Details
12.1.2 Ventricular Assist Device Product Offered
12.1.3 AbioMed Ventricular Assist Device Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 AbioMed News
12.2 Abbott (Thoratec)
12.2.1 Company Details
12.2.2 Ventricular Assist Device Product Offered
12.2.3 Abbott (Thoratec) Ventricular Assist Device Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Abbott (Thoratec) News
12.3 Medtronic (HeartWare)
12.3.1 Company Details
12.3.2 Ventricular Assist Device Product Offered
12.3.3 Medtronic (HeartWare) Ventricular Assist Device Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Medtronic (HeartWare) News
12.4 Berlin Heart
12.4.1 Company Details
12.4.2 Ventricular Assist Device Product Offered
12.4.3 Berlin Heart Ventricular Assist Device Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Berlin Heart News
...
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Ventricular Assist Device
Table Product Specifications of Ventricular Assist Device
Figure Ventricular Assist Device Report Years Considered
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