The Cardiac Assist Devices And Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Cardiac Assist Devices And Equipment Market?
The market for cardiac assist devices and equipment has experienced a significant increase in size in recent years. It is projected that the market will rise from $2.3 billion in 2024 to $2.59 billion in 2025, with a CAGR of 12.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Cardiac Assist Devices And Equipment Industry?
The projected market size of the cardiac assist devices and equipment industry is estimated to reach $3.68 billion by 2029. This market expansion represents a compound annual growth rate (CAGR) of 9.2%.
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What are the Key Growth Drivers Fueling the Cardiac Assist Devices And Equipment Market?
The key drivers in the cardiac assist devices and equipment market are:
• Personalized medicine advancements
• Wider global access to healthcare
• Implementation of electrophysiology devices in heart failure management
• Increased use of hybrid procedures in cardiac care
Global Market Segmentation: Identifying Major Cardiac Assist Devices And Equipment Industry Segments
The cardiac assist devices and equipment market covered in this report is segmented –
1) By Type: Ventricular Assist Devices (LVAD), Intra-Aotic Baloon Pumps, Total Artificial Heart
2) By Modality: Transcutaneous, Implantable
3) By Application: Hospital Pharmacies, Ambulatory Surgical Centres, Emergency Services
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What are the Emerging Trends Shaping the Future of the Cardiac Assist Devices And Equipment Market?
The key trends in the cardiac assist devices and equipment market are:
• The rise of personalized medicine in cardiac assist devices and equipment is an emerging trend.
• Global healthcare access is increasingly impacting the cardiac assist devices and equipment market.
• Utilization of electrophysiology devices in heart failure management is trending.
• The adaptation of hybrid procedures is a growing movement in this market.
Who Are the Top Competitors & Leading Players in the Cardiac Assist Devices And Equipment Market?
Major companies in the cardiac assist devices and equipment market are:
• Abbot Laboratories
• Berlin Heart GmbH
• Abiomed Inc.
• Bivacor Pvt Ltd.
• Calon Cardio-Technology Ltd.
• Cardiobridge GmbH
• Balton Sp. Z O.O
• Cardiac Assist Inc.
• Braile Biomedica Ltd.
• Circulite Inc.
• Cardiokinetix Inc.
• Evaheart Inc.
• Fineheart Sarl
• Fresenius Medical Care Ag & Co. KGaA
• Getinge Ab
• GPB Life Science Holdings Llc
• Jarvik Heart Inc.
• Medtronic plc
• OregonHeart
• Mitiheart Corporation
• Procyrion Inc.
• Relianthreat Inc.
• Scandinavian Real Heart AB
• Senko Medical Instrument Mfg. Co. Ltd.
• Syncardia Systems LLC
• HeartWare International Inc.
• Cardiac Dimensions Inc.
• Cardiac Power Innovations
• Cardiac Science Corporation
• Cardionomic Inc.
• Carmat SA
• CorWave SA
• Edwards Lifesciences Corporation
• Leviticus Cardio Ltd.
• LivaNova PLC
• MicroMed Cardiovascular Inc.
• MyoCardioCare Inc.
• Novacor SA
• Orqis Medical Corporation
• Terumo Corporation
• Thoratec Corporation
• Ventracor Limited
Regional Dominance: Which Area Leads the Global Cardiac Assist Devices And Equipment Market?
North America was the largest region in global cardiac assist devices and equipment market in 2023
