Global Left Ventricular Assist Device (LVAD) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

Left Ventricular Assist Device (LVAD) Market Growth 2027

In 2020, the global Left Ventricular Assist Device (LVAD) market size was US$ 2120 million and it is expected to reach US$ 5708.2 million by the end of 2027, with a CAGR of 15.2% during 2021-2027

Left Ventricular Assist Device (LVAD) Device 

A left ventricular assist device (LVAD) is a pump that we use for patients who have reached end-stage heart failure.
AbioMed, Abbott (Thoratec), Medtronic (HeartWare), Berlin Heart, etc. are the leaders of the industry, with high-end customers.

Left Ventricular Assist Device (LVAD) Device Market Segment and Scope

Left Ventricular Assist Device (LVAD) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Left Ventricular Assist Device (LVAD) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Left Ventricular Assist Device (LVAD) Device Market Segment By type

BTT therapy was leading segment and it accounted for over 73% market share of total sales generated in 2018.

By Type, the Left Ventricular Assist Device (LVAD) market is segmented into

BTT Therapy

• Destination Therapy (DT)
• Other

Left Ventricular Assist Device (LVAD) Device Market Segment By Application

Hospital was leading segment and it accounted for over 65% market share of total sales generated in 2018. Clinics segment accounted for over 34% share of total sales generated in 2018.

By Application, the Left Ventricular Assist Device (LVAD) market is segmented into

• Hospitals
• Clinics

Regionnal and Country level Analysis

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Southeast Asia
• Australia
• Rest of Asia-Pacific
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

Competitive Landscape and Left Ventricular Assist Device (LVAD) Market Share Analysis

Left Ventricular Assist Device (LVAD) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Left Ventricular Assist Device (LVAD) product introduction, recent developments, Left Ventricular Assist Device (LVAD) sales by region, type, application and by sales channel.

The major companies include:

• AbioMed
• Abbott (Thoratec)
• Medtronic (HeartWare)
• Berlin Heart
• Jarvik Heart
• Sun Medical Technology Research
• ReliantHeart
• Market Segment by Product Type
• BTT Therapy
• Destination Therapy (DT)