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Global LVAD Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

May 2024 | 115 pages | ID: GC046E55E91EN
GlobalInfoResearch

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According to our (Global Info Research) latest study, the global LVAD market size was valued at USD 929 million in 2023 and is forecast to a readjusted size of USD 1656.5 million by 2030 with a CAGR of 8.6% during review period.

LVADs supplement the pumping of blood by weak hearts. Surgeons implant this mechanical device as a treatment option for severe heart conditions such as acute or chronic deterioration of cardiac functions and heart failure.

The key factors driving the growth of the LVAD market are increasing diabetic population, rising healthcare expenditure, ageing population and technological developments.

The Global Info Research report includes an overview of the development of the LVAD industry chain, the market status of Hospitals (BTT Therapy, BTD Therapy), Ambulatory Surgical Centers (BTT Therapy, BTD Therapy), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of LVAD.

Regionally, the report analyzes the LVAD markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global LVAD market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the LVAD market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the LVAD industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., BTT Therapy, BTD Therapy).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the LVAD market.

Regional Analysis: The report involves examining the LVAD market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the LVAD market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to LVAD:

Company Analysis: Report covers individual LVAD manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards LVAD This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hospitals, Ambulatory Surgical Centers).

Technology Analysis: Report covers specific technologies relevant to LVAD. It assesses the current state, advancements, and potential future developments in LVAD areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the LVAD market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

LVAD market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
  • BTT Therapy
  • BTD Therapy
  • Destination Therapy
  • BTR Therapy
Market segment by Application
  • Hospitals
  • Ambulatory Surgical Centers
Major players covered
  • Abiomed
  • Berlin Heart
  • HeartWare International
  • Jarvik Heart
  • Abbott
  • Cardiac Assist
  • Evaheart
  • ReliantHeart
  • Sun Medical Technology Research
  • Sunshine Heart
Market segment by region, regional analysis covers
  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LVAD product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LVAD, with price, sales, revenue and global market share of LVAD from 2019 to 2024.

Chapter 3, the LVAD competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LVAD breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and LVAD market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of LVAD.

Chapter 14 and 15, to describe LVAD sales channel, distributors, customers, research findings and conclusion.
1 MARKET OVERVIEW

1.1 Product Overview and Scope of LVAD
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
  1.3.1 Overview: Global LVAD Consumption Value by Type: 2019 Versus 2023 Versus 2030
  1.3.2 BTT Therapy
  1.3.3 BTD Therapy
  1.3.4 Destination Therapy
  1.3.5 BTR Therapy
1.4 Market Analysis by Application
  1.4.1 Overview: Global LVAD Consumption Value by Application: 2019 Versus 2023 Versus 2030
  1.4.2 Hospitals
  1.4.3 Ambulatory Surgical Centers
1.5 Global LVAD Market Size & Forecast
  1.5.1 Global LVAD Consumption Value (2019 & 2023 & 2030)
  1.5.2 Global LVAD Sales Quantity (2019-2030)
  1.5.3 Global LVAD Average Price (2019-2030)

2 MANUFACTURERS PROFILES

2.1 Abiomed
  2.1.1 Abiomed Details
  2.1.2 Abiomed Major Business
  2.1.3 Abiomed LVAD Product and Services
  2.1.4 Abiomed LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.1.5 Abiomed Recent Developments/Updates
2.2 Berlin Heart
  2.2.1 Berlin Heart Details
  2.2.2 Berlin Heart Major Business
  2.2.3 Berlin Heart LVAD Product and Services
  2.2.4 Berlin Heart LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.2.5 Berlin Heart Recent Developments/Updates
2.3 HeartWare International
  2.3.1 HeartWare International Details
  2.3.2 HeartWare International Major Business
  2.3.3 HeartWare International LVAD Product and Services
  2.3.4 HeartWare International LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.3.5 HeartWare International Recent Developments/Updates
2.4 Jarvik Heart
  2.4.1 Jarvik Heart Details
  2.4.2 Jarvik Heart Major Business
  2.4.3 Jarvik Heart LVAD Product and Services
  2.4.4 Jarvik Heart LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.4.5 Jarvik Heart Recent Developments/Updates
2.5 Abbott
  2.5.1 Abbott Details
  2.5.2 Abbott Major Business
  2.5.3 Abbott LVAD Product and Services
  2.5.4 Abbott LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.5.5 Abbott Recent Developments/Updates
2.6 Cardiac Assist
  2.6.1 Cardiac Assist Details
  2.6.2 Cardiac Assist Major Business
  2.6.3 Cardiac Assist LVAD Product and Services
  2.6.4 Cardiac Assist LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.6.5 Cardiac Assist Recent Developments/Updates
2.7 Evaheart
  2.7.1 Evaheart Details
  2.7.2 Evaheart Major Business
  2.7.3 Evaheart LVAD Product and Services
  2.7.4 Evaheart LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.7.5 Evaheart Recent Developments/Updates
2.8 ReliantHeart
  2.8.1 ReliantHeart Details
  2.8.2 ReliantHeart Major Business
  2.8.3 ReliantHeart LVAD Product and Services
  2.8.4 ReliantHeart LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.8.5 ReliantHeart Recent Developments/Updates
2.9 Sun Medical Technology Research
  2.9.1 Sun Medical Technology Research Details
  2.9.2 Sun Medical Technology Research Major Business
  2.9.3 Sun Medical Technology Research LVAD Product and Services
  2.9.4 Sun Medical Technology Research LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.9.5 Sun Medical Technology Research Recent Developments/Updates
2.10 Sunshine Heart
  2.10.1 Sunshine Heart Details
  2.10.2 Sunshine Heart Major Business
  2.10.3 Sunshine Heart LVAD Product and Services
  2.10.4 Sunshine Heart LVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.10.5 Sunshine Heart Recent Developments/Updates

3 COMPETITIVE ENVIRONMENT: LVAD BY MANUFACTURER

3.1 Global LVAD Sales Quantity by Manufacturer (2019-2024)
3.2 Global LVAD Revenue by Manufacturer (2019-2024)
3.3 Global LVAD Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
  3.4.1 Producer Shipments of LVAD by Manufacturer Revenue ($MM) and Market Share (%): 2023
  3.4.2 Top 3 LVAD Manufacturer Market Share in 2023
  3.4.2 Top 6 LVAD Manufacturer Market Share in 2023
3.5 LVAD Market: Overall Company Footprint Analysis
  3.5.1 LVAD Market: Region Footprint
  3.5.2 LVAD Market: Company Product Type Footprint
  3.5.3 LVAD Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 CONSUMPTION ANALYSIS BY REGION

4.1 Global LVAD Market Size by Region
  4.1.1 Global LVAD Sales Quantity by Region (2019-2030)
  4.1.2 Global LVAD Consumption Value by Region (2019-2030)
  4.1.3 Global LVAD Average Price by Region (2019-2030)
4.2 North America LVAD Consumption Value (2019-2030)
4.3 Europe LVAD Consumption Value (2019-2030)
4.4 Asia-Pacific LVAD Consumption Value (2019-2030)
4.5 South America LVAD Consumption Value (2019-2030)
4.6 Middle East and Africa LVAD Consumption Value (2019-2030)

5 MARKET SEGMENT BY TYPE

5.1 Global LVAD Sales Quantity by Type (2019-2030)
5.2 Global LVAD Consumption Value by Type (2019-2030)
5.3 Global LVAD Average Price by Type (2019-2030)

6 MARKET SEGMENT BY APPLICATION

6.1 Global LVAD Sales Quantity by Application (2019-2030)
6.2 Global LVAD Consumption Value by Application (2019-2030)
6.3 Global LVAD Average Price by Application (2019-2030)

7 NORTH AMERICA

7.1 North America LVAD Sales Quantity by Type (2019-2030)
7.2 North America LVAD Sales Quantity by Application (2019-2030)
7.3 North America LVAD Market Size by Country
  7.3.1 North America LVAD Sales Quantity by Country (2019-2030)
  7.3.2 North America LVAD Consumption Value by Country (2019-2030)
  7.3.3 United States Market Size and Forecast (2019-2030)
  7.3.4 Canada Market Size and Forecast (2019-2030)
  7.3.5 Mexico Market Size and Forecast (2019-2030)

8 EUROPE

8.1 Europe LVAD Sales Quantity by Type (2019-2030)
8.2 Europe LVAD Sales Quantity by Application (2019-2030)
8.3 Europe LVAD Market Size by Country
  8.3.1 Europe LVAD Sales Quantity by Country (2019-2030)
  8.3.2 Europe LVAD Consumption Value by Country (2019-2030)
  8.3.3 Germany Market Size and Forecast (2019-2030)
  8.3.4 France Market Size and Forecast (2019-2030)
  8.3.5 United Kingdom Market Size and Forecast (2019-2030)
  8.3.6 Russia Market Size and Forecast (2019-2030)
  8.3.7 Italy Market Size and Forecast (2019-2030)

9 ASIA-PACIFIC

9.1 Asia-Pacific LVAD Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific LVAD Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific LVAD Market Size by Region
  9.3.1 Asia-Pacific LVAD Sales Quantity by Region (2019-2030)
  9.3.2 Asia-Pacific LVAD Consumption Value by Region (2019-2030)
  9.3.3 China Market Size and Forecast (2019-2030)
  9.3.4 Japan Market Size and Forecast (2019-2030)
  9.3.5 Korea Market Size and Forecast (2019-2030)
  9.3.6 India Market Size and Forecast (2019-2030)
  9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
  9.3.8 Australia Market Size and Forecast (2019-2030)

10 SOUTH AMERICA

10.1 South America LVAD Sales Quantity by Type (2019-2030)
10.2 South America LVAD Sales Quantity by Application (2019-2030)
10.3 South America LVAD Market Size by Country
  10.3.1 South America LVAD Sales Quantity by Country (2019-2030)
  10.3.2 South America LVAD Consumption Value by Country (2019-2030)
  10.3.3 Brazil Market Size and Forecast (2019-2030)
  10.3.4 Argentina Market Size and Forecast (2019-2030)

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa LVAD Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa LVAD Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa LVAD Market Size by Country
  11.3.1 Middle East & Africa LVAD Sales Quantity by Country (2019-2030)
  11.3.2 Middle East & Africa LVAD Consumption Value by Country (2019-2030)
  11.3.3 Turkey Market Size and Forecast (2019-2030)
  11.3.4 Egypt Market Size and Forecast (2019-2030)
  11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
  11.3.6 South Africa Market Size and Forecast (2019-2030)

12 MARKET DYNAMICS

12.1 LVAD Market Drivers
12.2 LVAD Market Restraints
12.3 LVAD Trends Analysis
12.4 Porters Five Forces Analysis
  12.4.1 Threat of New Entrants
  12.4.2 Bargaining Power of Suppliers
  12.4.3 Bargaining Power of Buyers
  12.4.4 Threat of Substitutes
  12.4.5 Competitive Rivalry

13 RAW MATERIAL AND INDUSTRY CHAIN

13.1 Raw Material of LVAD and Key Manufacturers
13.2 Manufacturing Costs Percentage of LVAD
13.3 LVAD Production Process
13.4 LVAD Industrial Chain

14 SHIPMENTS BY DISTRIBUTION CHANNEL

14.1 Sales Channel
  14.1.1 Direct to End-User
  14.1.2 Distributors
14.2 LVAD Typical Distributors
14.3 LVAD Typical Customers

15 RESEARCH FINDINGS AND CONCLUSION

16 APPENDIX

16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer


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