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Global LVAD Industry Outlook 2024: Overview, Opportunities, Key Companies and Forecast to 2034


Published on: 2024-01-04 | No of Pages : 411 | Industry : Medical Devices & Consumables

Publisher : GRD Survey | Format : PDF

Global LVAD Industry Outlook 2024: Overview, Opportunities, Key Companies and Forecast to 2034

Executive Summary

According to GRD Survey data, the global LVAD market is estimated at 970 million US$ in 2021 and is expected to reach 1930 million US$ by the end of 2028, growing at a CAGR of 10.3% in the forecast period between 2022 and 2028.

This report studies the LVAD market dynamics from angles such as new entries, mergers and acquisitions, fundings, exit and major technology breakthroughs. Market performance is evaluated through market size (value and volume) by players, regions, product types and end industries. This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of LVAD in these regions, from 2016 to 2027, covering
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Italy, Spain and Russia, etc.)
Asia-Pacific (China, Japan, Korea, Southeast Asia, India, Australia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Turkey, Saudi Arabia, South Africa, etc.)

Market Snapshot, By Product Type
BTT Therapy
BTD Therapy
Destination Therapy
BTR Therapy

Market Snapshot, By Application
Hospitals
Ambulatory Surgical Centers

Main Market Players Analyzed in this report, including
Sunshine Heart
Sun Medical Technology Research
ReliantHeart
Jarvik Heart
HeartWare International
Evaheart
Cardiac Assist
Berlin Heart
Abiomed
Abbott

The study objectives of this report are
To study and analyze the global LVAD market size (value & volume) by company, key regions/countries, products and application, history data from 2016 to 2020, and forecast to 2027.
To understand industry structure of LVAD market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To identify the key global LVAD manufacturers and regional typical players, to define, describe and analyze their sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LVAD market with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of 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.

In this study, the years considered to estimate the market size of LVAD are as follows
History Year2016-2020
Base Year2020
Estimated Year2021
Forecast Year 2021 to 2027

This report includes the estimation of market size in terms of value (million USD) and volume from top-down approach by analyzing major submarkets and their major driving factors, and verified from bottom-up approaches. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified from primary sources.

For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders Considered in the study
Raw material vendors
Distributors/traders/wholesalers/suppliers
Regulatory authorities, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade/Industrial associations
End-use industries

Table of Content

Global LVAD Industry Outlook 2022: Overview, Opportunities, Key Companies and Forecast to 2028.pdf

List of Figure

Table of Contents

1 Market Definition & Scope
1.1 Definition & Scope
1.2 LVAD Product Specifications
1.3 Main Events (Entry, M&A, Exit, Technology and Capital Activity)
1.4 Global LVAD Market Performance and Outlook

2 Market Development Performance under COVID-19
2.1 Influencing Factors of Industry Development in the Next Five Years
2.1.1 Drivers
2.1.2 Restraints
2.1.3 Opportunities
2.2 Porter’s Five Forces Analysis
2.3 Comparison of Alternatives and LVAD

3 Supply Chain and Manufacturing Cost Analysis
3.1 Supply Chain Analysis
3.2 Raw Materials and Key Suppliers Analysis
3.2.1 Raw Materials Introduction
3.2.1 Raw Materials Key Suppliers List
3.3 LVAD Sales Channel and Distributors Analysis
3.3.1 LVAD Sales Channel
3.3.2 LVAD Distributors
3.4 Key Buying Industries/Consumers
3.4.1 Major Buyers in Hospitals
3.4.2 Major Buyers in Ambulatory Surgical Centers
3.5 LVAD Manufacturing Cost Structure Analysis

4 Market Segment: by Type
4.1 LVAD Type Introduction
4.1.1 BTT Therapy
4.1.2 BTD Therapy
4.1.3 Destination Therapy
4.1.4 BTR Therapy
4.2 Global LVAD Sales by Type 2016-2021
4.3 Global LVAD Revenue by Type 2016-2021
4.4 Global LVAD Price by Type 2016-2021

5 Market Segment: by Application
5.1 LVAD Type Introduction
5.1.1 Hospitals
5.1.2 Ambulatory Surgical Centers
5.2 Global LVAD Sales by Application 2016-2021
5.3 Global LVAD Revenue by Application 2016-2021
5.4 Global LVAD Price by Application 2016-2021

6 Marke Segment: by Region
6.1 Global LVAD Market by Region
6.1.1 Global LVAD Sales by Regions
6.1.2 Global LVAD Revenue by Regions
6.2 North America LVAD Market 2016-2021
6.3 Europe LVAD Market 2016-2021
6.4 Asia Pacific LVAD Market 2016-2021
6.5 South America LVAD Market 2016-2021
6.6 Middle East and Africa LVAD Market 2016-2021

7 North America
7.1 North America LVAD Market by Country 2016-2021
7.1.1 North America LVAD Sales by Country
7.1.2 North America LVAD Revenue by Country
7.2 United States
7.3 Canada
7.4 Mexico

8 Europe
8.1 Europe LVAD Market by Country 2016-2021
8.1.1 Europe LVAD Sales by Country
8.1.2 Europe LVAD Revenue by Country
8.2 Germany
8.3 France
8.4 UK
8.5 Italy
8.6 Russia
8.7 Spain

9 Asia Pacific
9.1 Asia Pacific LVAD Market by Country 2016-2021
9.1.1 Asia Pacific LVAD Sales by Country
9.1.2 Asia Pacific LVAD Revenue by Country
9.2 China
9.3 Japan
9.4 Korea
9.5 Southeast Asia
9.6 India
9.7 Australia

10 South America
10.1 South America LVAD Market by Country 2016-2021
10.1.1 South America LVAD Sales by Country
10.1.2 South America LVAD Revenue by Country
10.2 Brazil
10.3 Argentina
10.4 Colombia

11 Middle East and Africa
11.1 Middle East and Africa LVAD Market by Country 2016-2021
11.1.1 Middle East and Africa LVAD Sales by Country
11.1.2 Middle East and Africa LVAD Revenue by Country
11.2 Turkey
11.3 Saudi Arabia
11.4 South Africa

12 Key Participants Company Information
12.1 Sunshine Heart
12.1.1 Sunshine Heart Company Information
12.1.2 Sunshine Heart LVAD Product Portfolio, Specification and Application
12.1.3 Sunshine Heart LVAD Sales, Price, Revenue and Gross Margin (2019-2021)
12.1.4 Sunshine Heart Key Development
12.2 Sun Medical Technology Research
12.2.1 Sun Medical Technology Research Company Information
12.2.2 Sun Medical Technology Research LVAD Product Portfolio, Specification and Application
12.2.3 Sun Medical Technology Research LVAD Sales, Price, Revenue and Gross Margin (2019-2021)
12.2.4 Sun Medical Technology Research Key Development
12.3 ReliantHeart
12.3.1 ReliantHeart Company Information
12.3.2 ReliantHeart LVAD Product Portfolio, Specification and Application
12.3.3 ReliantHeart LVAD Sales, Price, Revenue and Gross Margin (2019-2021)
12.3.4 ReliantHeart Key Development
12.4 Jarvik Heart
12.4.1 Jarvik Heart Company Information
12.4.2 Jarvik Heart LVAD Product Portfolio, Specification and Application
12.4.3 Jarvik Heart LVAD Sales, Price, Revenue and Gross Margin (2019-2021)
12.4.4 Jarvik Heart Key Development
12.5 HeartWare International
12.5.1 HeartWare International Company Information
12.5.2 HeartWare International LVAD Product Portfolio, Specification and Application
12.5.3 HeartWare International LVAD Sales, Price, Revenue and Gross Margin (2019-2021)
12.5.4 HeartWare International Key Development
12.6 Evaheart
12.6.1 Evaheart Company Information
12.6.2 Evaheart LVAD Product Portfolio, Specification and Application
12.6.3 Evaheart LVAD Sales, Price, Revenue and Gross Margin (2019-2021)
12.6.4 Evaheart Key Development
12.7 Cardiac Assist
12.7.1 Cardiac Assist Company Information
12.7.2 Cardiac Assist LVAD Product Portfolio, Specification and Application
12.7.3 Cardiac Assist LVAD Sales, Price, Revenue and Gross Margin (2019-2021)
12.7.4 Evaheart Key Development
12.9 Abiomed
12.9.1 Abiomed Company Information
12.9.2 Abiomed LVAD Product Portfolio, Specification and Application
12.9.3 Abiomed LVAD Sales, Price, Revenue and Gross Margin (2019-2021)
12.9.4 Abiomed Key Development
12.8 Berlin Heart
12.8.1 Berlin Heart Company Information
12.8.2 Berlin Heart LVAD Product Portfolio, Specification and Application
12.8.3 Berlin Heart LVAD Sales, Price, Revenue and Gross Margin (2019-2021)
12.8.4 Berlin Heart Key Development

13 Global LVAD Market Forecast by Region by Type and by Application
13.1 Global LVAD Sales, Revenue Forecast 2022-2027
13.2 Global LVAD Forecast by Regions
13.2.1 Global LVAD Sales Forecast by Region 2022-2027
13.2.2 Global LVAD Revenue Forecast by Region 2022-2027
13.3 Global LVAD Forecast by Type
13.3.1 Global LVAD Sales Forecast by Type 2022-2027
13.3.2 Global LVAD Revenue Forecast by Type 2022-2027
13.3.3 Global LVAD Price Forecast by Type 2022-2027
13.4 Global LVAD Forecast by Application
13.4.1 Global LVAD Sales Forecast by Application 2022-2027
13.4.2 Global LVAD Revenue Forecast by Application 2022-2027
13.4.3 Global LVAD Price Forecast by Application 2022-2027

14 Analyst Views and Conclusions

15 Methodology and Data Source
15.1 Methodology
15.2 Research Data Source
15.2.1 Secondary Data
15.2.2 Primary Data
15.2.3 Market Size Estimation
15.3 Legal Disclaimer