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Synopsis
The global LVAD and RVAD market size was valued at USD 2207.1 million in 2022 and is forecast to a readjusted size of USD 4724 million by 2029 with a CAGR of 11.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report is a detailed and comprehensive analysis for global LVAD and RVAD market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
The Primary Objectives in This Report Are:
This report profiles key players in the global LVAD and RVAD market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AbioMed, Abbott (Thoratec), Medtronic (HeartWare), Berlin Heart and Jarvik Heart, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
LVAD and RVAD market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Market segment by Application
Major players covered
Market segment by region, regional analysis covers
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe LVAD and RVAD product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of LVAD and RVAD, with price, sales, revenue and global market share of LVAD and RVAD from 2018 to 2023.
Chapter 3, the LVAD and RVAD competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the LVAD and RVAD breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2022.and LVAD and RVAD market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of LVAD and RVAD.
Chapter 14 and 15, to describe LVAD and RVAD sales channel, distributors, customers, research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of LVAD and RVAD
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global LVAD and RVAD Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 LVADs
1.3.3 RVADs
1.4 Market Analysis by Application
1.4.1 Overview: Global LVAD and RVAD Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Bridge-to-transplant (BTT)
1.4.3 Destination Therapy (DT)
1.4.4 Others
1.5 Global LVAD and RVAD Market Size & Forecast
1.5.1 Global LVAD and RVAD Consumption Value (2018 & 2022 & 2029)
1.5.2 Global LVAD and RVAD Sales Quantity (2018-2029)
1.5.3 Global LVAD and RVAD Average Price (2018-2029)
2 Manufacturers Profiles
2.1 AbioMed
2.1.1 AbioMed Details
2.1.2 AbioMed Major Business
2.1.3 AbioMed LVAD and RVAD Product and Services
2.1.4 AbioMed LVAD and RVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 AbioMed Recent Developments/Updates
2.2 Abbott (Thoratec)
2.2.1 Abbott (Thoratec) Details
2.2.2 Abbott (Thoratec) Major Business
2.2.3 Abbott (Thoratec) LVAD and RVAD Product and Services
2.2.4 Abbott (Thoratec) LVAD and RVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Abbott (Thoratec) Recent Developments/Updates
2.3 Medtronic (HeartWare)
2.3.1 Medtronic (HeartWare) Details
2.3.2 Medtronic (HeartWare) Major Business
2.3.3 Medtronic (HeartWare) LVAD and RVAD Product and Services
2.3.4 Medtronic (HeartWare) LVAD and RVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Medtronic (HeartWare) Recent Developments/Updates
2.4 Berlin Heart
2.4.1 Berlin Heart Details
2.4.2 Berlin Heart Major Business
2.4.3 Berlin Heart LVAD and RVAD Product and Services
2.4.4 Berlin Heart LVAD and RVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Berlin Heart Recent Developments/Updates
2.5 Jarvik Heart
2.5.1 Jarvik Heart Details
2.5.2 Jarvik Heart Major Business
2.5.3 Jarvik Heart LVAD and RVAD Product and Services
2.5.4 Jarvik Heart LVAD and RVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Jarvik Heart Recent Developments/Updates
2.6 Sun Medical Technology Research
2.6.1 Sun Medical Technology Research Details
2.6.2 Sun Medical Technology Research Major Business
2.6.3 Sun Medical Technology Research LVAD and RVAD Product and Services
2.6.4 Sun Medical Technology Research LVAD and RVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Sun Medical Technology Research Recent Developments/Updates
2.7 ReliantHeart
2.7.1 ReliantHeart Details
2.7.2 ReliantHeart Major Business
2.7.3 ReliantHeart LVAD and RVAD Product and Services
2.7.4 ReliantHeart LVAD and RVAD Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 ReliantHeart Recent Developments/Updates
3 Competitive Environment: LVAD and RVAD by Manufacturer
3.1 Global LVAD and RVAD Sales Quantity by Manufacturer (2018-2023)
3.2 Global LVAD and RVAD Revenue by Manufacturer (2018-2023)
3.3 Global LVAD and RVAD Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of LVAD and RVAD by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 LVAD and RVAD Manufacturer Market Share in 2022
3.4.2 Top 6 LVAD and RVAD Manufacturer Market Share in 2022
3.5 LVAD and RVAD Market: Overall Company Footprint Analysis
3.5.1 LVAD and RVAD Market: Region Footprint
3.5.2 LVAD and RVAD Market: Company Product Type Footprint
3.5.3 LVAD and RVAD 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 and RVAD Market Size by Region
4.1.1 Global LVAD and RVAD Sales Quantity by Region (2018-2029)
4.1.2 Global LVAD and RVAD Consumption Value by Region (2018-2029)
4.1.3 Global LVAD and RVAD Average Price by Region (2018-2029)
4.2 North America LVAD and RVAD Consumption Value (2018-2029)
4.3 Europe LVAD and RVAD Consumption Value (2018-2029)
4.4 Asia-Pacific LVAD and RVAD Consumption Value (2018-2029)
4.5 South America LVAD and RVAD Consumption Value (2018-2029)
4.6 Middle East and Africa LVAD and RVAD Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global LVAD and RVAD Sales Quantity by Type (2018-2029)
5.2 Global LVAD and RVAD Consumption Value by Type (2018-2029)
5.3 Global LVAD and RVAD Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global LVAD and RVAD Sales Quantity by Application (2018-2029)
6.2 Global LVAD and RVAD Consumption Value by Application (2018-2029)
6.3 Global LVAD and RVAD Average Price by Application (2018-2029)
7 North America
7.1 North America LVAD and RVAD Sales Quantity by Type (2018-2029)
7.2 North America LVAD and RVAD Sales Quantity by Application (2018-2029)
7.3 North America LVAD and RVAD Market Size by Country
7.3.1 North America LVAD and RVAD Sales Quantity by Country (2018-2029)
7.3.2 North America LVAD and RVAD Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe LVAD and RVAD Sales Quantity by Type (2018-2029)
8.2 Europe LVAD and RVAD Sales Quantity by Application (2018-2029)
8.3 Europe LVAD and RVAD Market Size by Country
8.3.1 Europe LVAD and RVAD Sales Quantity by Country (2018-2029)
8.3.2 Europe LVAD and RVAD Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific LVAD and RVAD Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific LVAD and RVAD Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific LVAD and RVAD Market Size by Region
9.3.1 Asia-Pacific LVAD and RVAD Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific LVAD and RVAD Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America LVAD and RVAD Sales Quantity by Type (2018-2029)
10.2 South America LVAD and RVAD Sales Quantity by Application (2018-2029)
10.3 South America LVAD and RVAD Market Size by Country
10.3.1 South America LVAD and RVAD Sales Quantity by Country (2018-2029)
10.3.2 South America LVAD and RVAD Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa LVAD and RVAD Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa LVAD and RVAD Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa LVAD and RVAD Market Size by Country
11.3.1 Middle East & Africa LVAD and RVAD Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa LVAD and RVAD Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 LVAD and RVAD Market Drivers
12.2 LVAD and RVAD Market Restraints
12.3 LVAD and RVAD 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
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of LVAD and RVAD and Key Manufacturers
13.2 Manufacturing Costs Percentage of LVAD and RVAD
13.3 LVAD and RVAD Production Process
13.4 LVAD and RVAD 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 and RVAD Typical Distributors
14.3 LVAD and RVAD Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch