Ventricular Assist Devices Market by Product, Application, Design, and End User - Global Industry Analysis and Forecast to 2025

Published On : May 2017 Pages : 104 Category: Medical Devices Report Code : HC0624 Format :

Industry Trend Analysis

The global ventricular assist devices (VADs) market is projected to be around $2.5 billion by 2025 and it is expected to exhibit a positive growth over the forecast period. Increasing prevalence of cardiovascular diseases such as coronary artery disorders, heart failure and hypertension are the key factors driving the growth of VADs market. Also, rise in aging population and technological advancements in VADsare largely contributing to the positive market growth. As per a report of the Center for Diseases Control and Prevention, about 5.7 million American adults were affected by heart failure in 2016. VADs are being widely used as destination therapies for patients with advanced heart failure. Heart failure prevalence rises with age following an exponential pattern. Some potential risks associated with VADs are blood clots, excessive bleeding during and after procedure and device malfunctions. These factors can hamper the market growth to some extent.

Product Outlook and Trend Analysis

In 2016, left ventricular assist devices (LVADs) segment held the maximum share of the global market. This market dominance can be attributed to rising number of cases with left ventricular damage. LVADs have varied applications in medical conditions such as heart stroke, heart failure and cardiomyopathy. They help in maintaining the required amount of blood flow throughout the body. Right ventricularassist devices (RVADs) are generally implanted in the patient’s heart after an LVAD surgery or other surgery to support the right ventricle.

Application Outlook and Trend Analysis

BTT and BTD therapies segment accounted for more than half of the global VADs market in 2016. In BTT therapy, VADs are implanted in patients’ heart in severe heart failure cases where patients are waiting for a heart transplant. In BTD therapy, VADs are implanted in patients when the patient is not an ideal candidate for a heart transplant.

Design Outlook and Trend Analysis

Percutaneous VADs are less invasive and are different in design and utility as compared to traditional VADs. They are specific types of VADs used as substitutes for traditional VADs or intra-aortic balloon pump (IABP) for short term hemodynamic support. These are used in acute heart failure conditions in case of left ventricular malfunction. Implantable VADs are for patients who cannot have a transplant as a long term solution.

Regional Outlook and Trend Analysis

In 2016, North America dominated the global VADs market with highest market share. This dominance can be attributed to the presence of huge patient population along with high adoption of technologically advanced products and high disposable income of the population. With the presence of sophisticated healthcare infrastructure the market will show significant growth over the forecast period.

Asia-Pacific will exhibit fastest growth during the forecast period due to rising number of cases related to diabetic disorders. Promotion of medical tourism activities by governments in various emerging economies to offer cost effective treatment to foreign patients is set to boost the market growth of VADs.

Competitive Analysis

The global VADs market is a consolidated market with few large players holding the majority share of the market.  The strategy adopted by these players is, acquiring small vendors and growing their product portfolio and market coverage to gain competitive advantage. Some of the major players in VADs market are, Abiomed, Inc., Boston Scientific Corporation, Berlin Heart GmbH, Biotronik SE & Co. KG, LivaNova PLC, Medtronic plc, ReliantHeart Inc., HeartWare International, Inc., Jarvik Heart, Inc., and St. Jude Medical, Inc.

Market Opportunities

Technological advancements in manufacturing and product design will drive the VADs market over the forecast period. Increasing prevalence of cardiovascular diseases leading to stroke, heart failure and final stage cardiovascular disorders will keep the VADs in demand on a global level. Increased focus of large players on emerging markets will further bring in new opportunities for VADs market.

Ventricular Assist Devices Market Segmentation

By Product:

  • Right Ventricular Assist Devices (RVADs)
  • Left Ventricular Assist Devices (LVADs)
  • Biventricular Assist Devices (BIVADs)

By Application:

  • Destination Therapy
  • BTT and BTD Therapies
  • BTR Therapy

By Design:

  • Implantable VADs
  • Percutaneous VADs

By End User:

  • Ambulatory Surgical Centers
  • Hospitals

By Region:

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2016 and forecast from 2017 to 2025?
  • What will be the industry market growth from 2017 to 2025?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

  • Ventricular Assist Devices Market, By Product, Estimates and Forecast, 2016-2025 ($Million)
    • Right Ventricular Assist Devices (RVADs)
    • Left Ventricular Assist Devices (LVADs)
    • Biventricular Assist Devices (BIVADs)
  • Ventricular Assist Devices Market, By Application, Estimates and Forecast, 2016-2025 ($Million)
    • Destination Therapy
    • BTT and BTD Therapies
    • BTR Therapy
  • Ventricular Assist Devices Market, By Design, Estimates and Forecast, 2016-2025 ($Million)
    • Implantable VADs
    • Percutaneous VADs
  • Ventricular Assist Devices Market, By End User, Estimates and Forecast, 2016-2025 ($Million)
    • Ambulatory Surgical Centers
    • Hospitals
  • Ventricular Assist Devices Market, By Region, Estimates and Forecast, 2016-2025 ($Million)
    • North America
  • North America Ventricular Assist Devices Market, By Country
  • North America Ventricular Assist Devices Market, By Product
  • North America Ventricular Assist Devices Market, By Application
  • North America Ventricular Assist Devices Market, By Design
  • North America Ventricular Assist Devices Market, By End User
    • U.S. Ventricular Assist Devices Market, Product
    • U.S. Ventricular Assist Devices Market, By Application
    • U.S. Ventricular Assist Devices Market, By Design
    • U.S. Ventricular Assist Devices Market, By End User
    • Canada Ventricular Assist Devices Market, By Product
    • Canada Ventricular Assist Devices Market, By Application
    • Canada Ventricular Assist Devices Market, By Design
    • Canada Ventricular Assist Devices Market, By End User
    • Mexico Ventricular Assist Devices Market, By Product
    • Mexico Ventricular Assist Devices Market, By Application
    • Mexico Ventricular Assist Devices Market, By Design
    • Mexico Ventricular Assist Devices Market, By End User
    • Europe
  • Europe Ventricular Assist Devices Market, By Country
  • Europe Ventricular Assist Devices Market, By Product
  • Europe Ventricular Assist Devices Market, By Application
  • Europe Ventricular Assist Devices Market, By Design
  • Europe Ventricular Assist Devices Market, By End User
    • Germany Ventricular Assist Devices Market, By Product
    • Germany Ventricular Assist Devices Market, By Application
    • Germany Ventricular Assist Devices Market, By Design
    • Germany Ventricular Assist Devices Market, By End User
    • France Ventricular Assist Devices Market, By Product
    • France Ventricular Assist Devices Market, By Application
    • France Ventricular Assist Devices Market, By Design
    • France Ventricular Assist Devices Market, By End User
    • UK Ventricular Assist Devices Market, By Product
    • UK Ventricular Assist Devices Market, By Application
    • UK Ventricular Assist Devices Market, By  Design
    • UK Ventricular Assist Devices Market, By End User
    • Italy Ventricular Assist Devices Market, By Product
    • Italy Ventricular Assist Devices Market, By Application
    • Italy Ventricular Assist Devices Market, By Design
    • Italy Ventricular Assist Devices Market, By End User
    • Spain Ventricular Assist Devices Market, By Product
    • Spain Ventricular Assist Devices Market, By Application
    • Spain Ventricular Assist Devices Market, By Design
    • Spain Ventricular Assist Devices Market, By End User
    • Rest of Europe Ventricular Assist Devices Market, By Product
    • Rest of Europe Ventricular Assist Devices Market, By Application
    • Rest of Europe Ventricular Assist Devices Market, By Design
    • Rest of Europe Ventricular Assist Devices Market, By End User
    • Asia-Pacific
      • Asia-Pacific Ventricular Assist Devices Market, By Country
      • Asia-Pacific Ventricular Assist Devices Market, By Product
      • Asia-Pacific Ventricular Assist Devices Market, By Application
      • Asia-Pacific Ventricular Assist Devices Market, By Design
      • Asia-Pacific Ventricular Assist Devices Market, By End User
        • Japan Ventricular Assist Devices Market, By Product
        • Japan Ventricular Assist Devices Market, By Application
        • Japan Ventricular Assist Devices Market, By Design
        • Japan Ventricular Assist Devices Market, By End User
        • China Ventricular Assist Devices Market, By Product
        • China Ventricular Assist Devices Market, By Application
        • China Ventricular Assist Devices Market, By Design
        • China Ventricular Assist Devices Market, By End User
        • Australia Ventricular Assist Devices Market, By Product
        • Australia Ventricular Assist Devices Market, By Application
        • Australia Ventricular Assist Devices Market, By Design
        • Australia Ventricular Assist Devices Market, By End User
        • India Ventricular Assist Devices Market, By Product
        • India Ventricular Assist Devices Market, By Application
        • India Ventricular Assist Devices Market, By Design
        • India Ventricular Assist Devices Market, By End User
        • South Korea Ventricular Assist Devices Market, By Product
        • South Korea Ventricular Assist Devices Market, By Application
        • South Korea Ventricular Assist Devices Market, By Design
        • South Korea Ventricular Assist Devices Market, By End User
        • Rest of Asia-Pacific Ventricular Assist Devices Market, By Product
        • Rest of Asia-Pacific Ventricular Assist Devices Market, By Application
        • Rest of Asia-Pacific Ventricular Assist Devices Market, By Design
        • Rest of Asia-Pacific Ventricular Assist Devices Market, By End User
    • Rest of the World
      • Rest of the World Ventricular Assist Devices Market, By Country
      • Rest of the World Ventricular Assist Devices Market, By Product
      • Rest of the World Ventricular Assist Devices Market, By Application
      • Rest of the World Ventricular Assist Devices Market, By Design
      • Rest of the World Ventricular Assist Devices Market, By End User
        • Brazil Ventricular Assist Devices Market, By Product
        • Brazil Ventricular Assist Devices Market, By Application
        • Brazil Ventricular Assist Devices Market, By Design
        • Brazil Ventricular Assist Devices Market, By End User
        • South Africa Ventricular Assist Devices Market, By Product
        • South Africa Ventricular Assist Devices Market, By Application
        • South Africa Ventricular Assist Devices Market, By Design
        • South Africa Ventricular Assist Devices Market, By End User
        • Saudi Arabia Ventricular Assist Devices Market, By Product
        • Saudi Arabia Ventricular Assist Devices Market, By Application
        • Saudi Arabia Ventricular Assist Devices Market, By Design
        • Saudi Arabia Ventricular Assist Devices Market, By End User
        • Turkey Ventricular Assist Devices Market, By Product
        • Turkey Ventricular Assist Devices Market, By Application
        • Turkey Ventricular Assist Devices Market, By Design
        • Turkey Ventricular Assist Devices Market, By End User
        • United Arab Emirates Ventricular Assist Devices Market, By Product
        • United Arab Emirates Ventricular Assist Devices Market, By Application
        • United Arab Emirates Ventricular Assist Devices Market, By Design
        • United Arab Emirates Ventricular Assist Devices Market, By End User
        • Others Ventricular Assist Devices Market, By Product
        • Others Ventricular Assist Devices Market, By Application
        • Others Ventricular Assist Devices Market, By Design
        • Others Ventricular Assist Devices Market, By End User

Table of Contents

1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2. Executive Summary

2.1. Key Highlights

3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Share Analysis

3.3. Market Dynamics

3.3.1. Drivers

3.3.1.1. Rising Prevalence of Cardiovascular Diseases such as Heart Failure and Coronary Artery Diseases

3.3.1.2. Rapidly Aging Global Population

3.3.1.3. Technological Advancements in Ventricular Assist Devices

3.3.2. Restraints

3.3.2.1. Risks of Blood Clots, Excessive Bleeding During and After Procedure

3.3.2.2. Risk of Device Malfunction

3.3.3. Opportunities

3.3.3.1. Technological Advancements in Manufacturing and Product Design

3.4. Industry Trends

4. Ventricular Assist Devices Market, By Product

4.1. Introduction

4.2. Ventricular Assist Devices Market Assessment and Forecast, By Product, 2016-2025

4.3. Left Ventricular Assist Devices (LVADs)

4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.4. Right Ventricular Assist Devices (RVADs)

4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.5. Biventricular Assist Devices (BIVADs)

4.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

5. Ventricular Assist Devices Market, By Application

5.1. Introduction

5.2. Ventricular Assist Devices Market Assessment and Forecast, By Application, 2016-2025

5.3. BTT and BTD Therapies

5.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

5.4. Destination Therapy

5.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

5.5. BTR Therapy

5.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

6. Ventricular Assist Devices Market, By Design

6.1. Introduction

6.2. Ventricular Assist Devices Market Assessment and Forecast, By Design, 2016-2025

6.3. Percutaneous VADs

6.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

6.4. Destination Therapy

6.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

6.5. Implantable VADs

6.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

7. Ventricular Assist Devices Market, By End User

7.1. Introduction

7.2. Ventricular Assist Devices Market Assessment and Forecast, By End User, 2016-2025

7.3. Hospitals

7.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

7.4. Ambulatory Surgical Centers (ASCs)

7.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

8. Ventricular Assist Devices Market, By Region

8.1. Introduction

8.2. Ventricular Assist Devices Market Assessment and Forecast, By Region, 2016-2025 ($Million)

8.3. North America

8.3.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

8.3.2. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.3.3. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.3.4. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.3.5. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.3.5.1. U.S.

8.3.5.1.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.3.5.1.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.3.5.1.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.3.5.1.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.3.5.2. Canada

8.3.5.2.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.3.5.2.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.3.5.2.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.3.5.2.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.3.5.3. Mexico

8.3.5.3.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.3.5.3.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.3.5.3.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.3.5.3.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.4. Europe

8.4.1.1.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

8.4.1.1.2. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.4.1.1.3. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.4.1.1.4. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.4.1.1.5. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.4.1.2. Germany

8.4.1.2.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.4.1.2.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.4.1.2.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.4.1.2.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.4.1.3. France

8.4.1.3.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.4.1.3.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.4.1.3.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.4.1.3.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.4.1.4. UK

8.4.1.4.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.4.1.4.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.4.1.4.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.4.1.4.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.4.1.5. Italy

8.4.1.5.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.4.1.5.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.4.1.5.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.4.1.5.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.4.1.6. Spain

8.4.1.6.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.4.1.6.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.4.1.6.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.4.1.6.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.4.1.7. Russia

8.4.1.7.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.4.1.7.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.4.1.7.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.4.1.7.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.4.1.8. Rest of Europe

8.4.1.8.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.4.1.8.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.4.1.8.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.4.1.8.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.5. Asia-Pacific

8.5.1.1.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

8.5.1.1.2. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.5.1.1.3. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.5.1.1.4. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.5.1.1.5. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.5.1.2. Japan

8.5.1.2.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.5.1.2.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.5.1.2.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.5.1.2.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.5.1.3. China

8.5.1.3.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.5.1.3.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.5.1.3.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.5.1.3.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.5.1.4. Australia

8.5.1.4.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.5.1.4.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.5.1.4.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.5.1.4.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.5.1.5. India

8.5.1.5.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.5.1.5.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.5.1.5.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.5.1.5.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.5.1.6. South Korea

8.5.1.6.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.5.1.6.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.5.1.6.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.5.1.6.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.5.1.7. Taiwan

8.5.1.7.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.5.1.7.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.5.1.7.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.5.1.7.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.5.1.8. Rest of Asia-Pacific

8.5.1.8.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.5.1.8.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.5.1.8.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.5.1.8.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.6. Rest of the World

8.6.1.1.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

8.6.1.1.2. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.6.1.1.3. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.6.1.1.4. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.6.1.1.5. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.6.1.2. Brazil

8.6.1.2.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.6.1.2.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.6.1.2.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.6.1.2.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.6.5.2. Turkey

8.6.1.2.5. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.6.1.2.6. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.6.1.2.7. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.6.1.2.8. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.6.1.3. Saudi Arabia

8.6.1.3.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.6.1.3.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.6.1.3.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.6.1.3.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.6.1.4. South Africa

8.6.1.4.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.6.1.4.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.6.1.4.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.6.1.4.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.6.1.5. United Arab Emirates

8.6.1.5.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.6.1.5.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.6.1.5.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.6.1.5.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

8.6.1.6. Others

8.6.1.6.1. Market Assessment and Forecast, By Product, 2016-2025 ($Million)

8.6.1.6.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

8.6.1.6.3. Market Assessment and Forecast, By Design, 2016-2025 ($Million)

8.6.1.6.4. Market Assessment and Forecast, By End User, 2016-2025 ($Million)

9. Company Profiles

9.1. Abiomed, Inc.

9.1.1. Business Overview

9.1.2. Product Portfolio

9.1.3. Key Financials

9.1.4. Strategic Developments

9.2. Boston Scientific Corporation

9.2.1. Business Overview

9.2.2. Product Portfolio

9.2.3. Key Financials

9.2.4. Strategic Developments

9.3. Berlin Heart GmbH

9.3.1. Business Overview

9.3.2. Product Portfolio

9.3.3. Key Financials

9.3.4. Strategic Developments

9.4. Biotronik SE & Co. KG

9.4.1. Business Overview

9.4.2. Product Portfolio

9.4.3. Strategic Developments

9.5. LivaNova PLC

9.5.1. Business Overview

9.5.2. Product Portfolio

9.5.3. Key Financials

9.5.4. Strategic Developments

9.6. Medtronic, Inc.

9.6.1. Business Overview

9.6.2. Product Portfolio

9.6.3. Key Financials

9.6.4. Strategic Developments

9.7. ReliantHeart Inc.

9.7.1. Business Overview

9.7.2. Product Portfolio

9.7.3. Key Financials

9.7.4. Strategic Developments

9.8. HeartWare International, Inc

9.8.1. Business Overview

9.8.2. Product Portfolio

9.8.3. Key Financials

9.8.4. Strategic Developments

9.9. Jarvik Heart, Inc.

9.9.1. Business Overview

9.9.2. Product Portfolio

9.9.3. Key Financials

9.9.4. Strategic Developments

9.10. St. Jude Medical, Inc

9.10.1. Business Overview

9.10.2. Product Portfolio

9.10.3. Key Financials

9.10.4. Strategic Developments


List of Tables

Table 1.Global Ventricular Assist Devices, By Product ($Million), 2016-2025
Table 2.Left Ventricular Assist Devices Market, By Region ($Million), 2016-2025
Table 3.Right Ventricular Assist Devices Market, By Region ($Million), 2016-2025
Table 4.Biventricular Assist Devices Market, By Region ($Million), 2016-2025
Table 5.Global Ventricular Assist Devices, By Application ($Million), 2016-2025
Table 6.BTT and BTD Therapies Market, By Region ($Million), 2016-2025
Table 7.Destination Therapy Market, By Region ($Million), 2016-2025
Table 8.BTR Therapy Market, By Region ($Million), 2016-2025
Table 9.Global Ventricular Assist Devices, By Design ($Million), 2016-2025
Table 10Percutaneous VADs Market, By Region ($Million), 2016-2025
Table 11 Implantable VADs Market, By Region ($Million), 2016-2025
Table 12Global Ventricular Assist Devices, By End User ($Million), 2016-2025
Table 13Hospitals Market, By Region ($Million), 2016-2025
Table 14Ambulatory Surgical Centers Market, By Region, 2016-2025 ($Million)
Table 15 Ventricular Assist Devices, By Region ($Million), 2016-2025
Table 16.North America Ventricular Assist Devices Market, By Country, 2016-2025 ($Million)
Table 17.North America Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table 18.North America Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table 19.North America Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table 20.North America Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table 21.U.S. Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table 22.U.S. Ventricular Assist Devices Market, By Application 2016-2025 ($Million)
Table 23.U.S. Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table 24.U.S. Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table 25.Canada Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table 26.Canada Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table 27.Canada Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table 28.Canada Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table 29.Mexico Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table 30.Mexico Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table31.Mexico Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table32.Mexico Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table33.Europe Ventricular Assist Devices Market, By Country, 2016-2025 ($Million)
Table34.Europe Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table35.Europe Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table36.Europe Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table37.Europe Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table38.Germany Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table39.Germany Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table40.Germany Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table41.Germany Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table42.France Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table43.France Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table44.France Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table45.France Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table46.UK Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table47.UK Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table48.UK Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table49.UK Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table50.Italy Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table51.Italy Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table52.Italy Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table53.Italy Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table54.Spain Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table55.Spain Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table56.Spain Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table57.Spain Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table58.Rest of Europe Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table59.Rest of Europe Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table60.Rest of Europe Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table61.Rest of Europe Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table63.Asia-Pacific Ventricular Assist Devices Market, By Country, 2016-2025 ($Million)
Table64.Asia-Pacific Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table65.Asia-Pacific Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table66.Asia-Pacific Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table67.Asia-Pacific Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table68.Japan Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table69.Japan Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table70.Japan Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table71.Japan Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table72.China Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table73.China Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table74.China Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table75.China Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table76.Australia Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table77.Australia Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table78.Australia Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table79.Australia Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table80.India Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table81.India Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table82.ndia Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table83.India Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table84.South Korea Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table85.South Korea Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table86.South Korea Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table87.South Korea Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table88.Taiwan Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table89.Taiwan Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table90.Taiwan Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table91.Taiwan Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table92.Rest of Asia-Pacific Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table93.Rest of Asia-Pacific Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table94.Rest of Asia-Pacific Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table95.Rest of Asia-Pacific Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table96.Rest of the World Ventricular Assist Devices Market, By Country, 2016-2025 ($Million)
Table97.Rest of the World Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table98.Rest of the World Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table99.Rest of the World Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table100.Rest of the World Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table101.Brazil Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table102.Brazil Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table103.Brazil Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table104.Brazil Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table105.Turkey Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table106.Turkey Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table107.Turkey Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table108.Turkey Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table109.Saudi Arabia Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table110.Saudi Arabia Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table111.Saudi Arabia Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table112.Saudi Arabia Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table113.South Africa Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table114.South Africa Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table115.South Africa Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table116.South Africa Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table117.United Arab Emirates Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table118.United Arab Emirates Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table119.United Arab Emirates Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table120.United Arab Emirates Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table121.Others Ventricular Assist Devices Market, By Product, 2016-2025 ($Million)
Table122.Others Ventricular Assist Devices Market, By Application, 2016-2025 ($Million)
Table123.Others Ventricular Assist Devices Market, By Design, 2016-2025 ($Million)
Table124.Others Ventricular Assist Devices Market, By End User, 2016-2025 ($Million)
Table125.Abiomed, Inc.: Key Strategic Developments, 2015-2017
Table126.Boston Scientific Corporation: Key Strategic Developments, 2015-2017
Table127.Berlin Heart GmbH: Key Strategic Developments, 2015-2017
Table128.Biotronik SE & Co. KG: Key Strategic Developments, 2015-2017
Table129.LivaNova PLC: Key Strategic Developments, 2015-2017
Table130.Medtronic: Key Strategic Developments, 2015-2017
Table131.HeartWare International, Inc: Key Strategic Developments, 2015-2017
Table132.Jarvik Heart, Inc.: Key Strategic Developments, 2015-2017
Table133.St. Jude Medical, Inc: Key Strategic Developments, 2015-2017


List of Figures

Figure 1.Global Ventricular Assist Devices Market Share, By Product, 2016 & 2025
Figure 2.Ventricular Assist Devices Market, By Application, 2016 ($Million)
Figure 3.Ventricular Assist Devices Market, By Design, 2016 ($Million)
Figure 4.Ventricular Assist Devices Market, By End User, 2016 ($Million)
Figure 5.Abiomed, Inc.: Net Revenues, 2014-2016 ($Million)
Figure 6.Abiomed, Inc.: Net Revenue Share, By Segment, 2016
Figure 7.Abiomed, Inc.: Net Revenue Share, By Geography, 2016
Figure 8.Boston Scientific Corporation: Net Revenues, 2014-2016 ($Million)
Figure 9.Boston Scientific Corporation: Net Revenue Share, By Segment, 2016
Figure 10.Boston Scientific Corporation: Net Revenue Share, By Geography, 2016
Figure 11.Berlin Heart GmbH: Net Revenues, 2014-2016 ($Million)
Figure 12.Berlin Heart GmbH: Net Revenue Share, By Segment, 2016
Figure 13.Berlin Heart GmbH: Net Revenue Share, By Geography, 2016
Figure 14.Biotronik SE & Co. KG: Net Revenues, 2014-2016 ($Million)
Figure 15.Biotronik SE & Co. KG: Net Revenue Share, By Segment, 2016
Figure 16.Biotronik SE & Co. KG: Net Revenue Share, By Geography, 2016
Figure 17.LIVANOVA PLC: Net Revenues, 2014-2016 ($Million)
Figure 18.LIVANOVA PLC: Net Revenue Share, By Segment, 2016
Figure 19.LIVANOVA PLC: Net Revenue Share, By Geography, 2016
Figure 20.Medtronic: Net Revenues, 2014-2016 ($Million)
Figure 21.Medtronic: Net Revenue Share, By Segment, 2016
Figure 22.Medtronic: Net Revenue Share, By Geography, 2016
Figure 23.ReliantHeart Inc.: Net Revenues, 2014-2016 ($Million)
Figure 24.ReliantHeart Inc.: Net Revenue Share, By Segment, 2016
Figure 25.ReliantHeart Inc.: Net Revenue Share, By Geography, 2016
Figure 26.HeartWare International, Inc: Net Revenues, 2014-2016 ($Million)
Figure 27.HeartWare International, Inc: Net Revenue Share, By Segment, 2016
Figure 28.HeartWare International, Inc: Net Revenue Share, By Geography, 2016
Figure 29.Jarvik Heart, Inc.: Net Revenues, 2014-2016 ($Million)
Figure 30.Jarvik Heart, Inc.: Net Revenue Share, By Segment, 2016
Figure 31.Jarvik Heart, Inc.: Net Revenue Share, By Geography, 2016
Figure 32.St. Jude Medical, Inc: Net Revenues, 2014-2016 ($Million)
Figure 33.St. Jude Medical, Inc: Net Revenue Share, By Segment, 2016
Figure 34.St. Jude Medical, Inc: Net Revenue Share, By Geography, 2016

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country