Dublin, Nov. 09, 2023 (GLOBE NEWSWIRE) -- The "Heart Pump Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Heart Pump Devices estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$7.6 Billion by 2030, growing at a CAGR of 17.8% over the analysis period 2022-2030.
Ventricular Assist Devices (VADs), one of the segments analyzed in the report, is projected to record a 19.6% CAGR and reach US$4.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Intra-aortic Balloon Pumps (IABPs) segment is readjusted to a revised 15% CAGR for the next 8-year period. 
The U.S. Market is Estimated at $596 Million, While China is Forecast to Grow at 16.9% CAGR
The Heart Pump Devices market in the U.S. is estimated at US$596 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 16.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.8% and 15% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR.
Select Competitors (Total 13 Featured) -
- Abbott Laboratories
- Abiomed, Inc.
- Berlin Heart GmbH
- Fresenius Medical Care AG & Co. KGaA
- Getinge AB
- Jarvik Heart, Inc.
- Medtronic PLC
- ReliantHeart, Inc.
- SynCardia Systems, LLC
- Teleflex Incorporated
- Terumo Europe NV
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 182 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2 Billion |
| Forecasted Market Value (USD) by 2030 | $7.6 Billion |
| Compound Annual Growth Rate | 18.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Product Overview
- Heart Pump Device: A Prelude
- Heart Pump Devices - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Incidence of Cardiovascular Diseases: A Strong Growth Driver
- Innovations in Heart Pump Technology
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/rpb2hp
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