Global Heart Pump Device Market (2020 to 2025) - Key Players Include Abbott Laboratories, Abiomed and Berlin Heart Among Others - ResearchAndMarkets.com

DUBLIN--()--The "Heart Pump Device - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Heart Pump Device market worldwide is projected to grow by US$5 Billion, driven by a compounded growth of 20.1%. Ventricular Assist Devices (VADs), one of the segments analyzed and sized in this study, displays the potential to grow at over 21.3%.

The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.1 Billion by the year 2025, Ventricular Assist Devices (VADs) will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 21.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$186.8 Million to the region's size and clout in the next 5 to 6 years. Over US$241.6 Million worth of projected demand in the region will come from Rest of Europe markets.

In Japan, Ventricular Assist Devices (VADs) will reach a market size of US$243.5 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 19.6% over the next couple of years and add approximately US$872.1 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

  • 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

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Product Overview
  • Heart Pump Device: A Prelude
  • Global Competitor Market Shares
  • Heart Pump Device Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

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

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/dxbrb2

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900