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Heart Pump Device Market to reach USD3.64 Bn by 2029, emerging at a CAGR of 21% and forecast to 2028

08-29-2023 11:10 AM CET | Health & Medicine

Press release from: Exactitude Consultancy

Heart Pump Device Market to reach USD3.64 Bn by 2029, emerging at

In a recently released analysis titled "Heart Pump Device Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," Exactitude Consultancy, a reputable market research firm, provided data. The report offers a thorough overview of the market, including data on market size, trends, and growth projections for the global Heart Pump Device market. The study highlights the most recent developments in the industry and provides competitor and geographical analysis.

๐™๐™š๐™ฆ๐™ช๐™š๐™จ๐™ฉ ๐™›๐™ค๐™ง ๐™– ๐™จ๐™–๐™ข๐™ฅ๐™ก๐™š ๐™˜๐™ค๐™ฅ๐™ฎ ๐™ค๐™› ๐™ฉ๐™๐™ž๐™จ ๐™ง๐™š๐™ฅ๐™ค๐™ง๐™ฉ-> https://exactitudeconsultancy.com/reports/1173/heart-pump-device-market/#request-a-sample

**Note - Updated Version 2023 is available

๐–๐ก๐š๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐ฌ?
Market size (historical and forecast), market growth, technological trends, market share, market dynamics, competitive landscape and key players
Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-over-year growth, competitive benchmarking, vendor identification, CMI quadrant, and other significant analysis, as well as development status.
Recent market trends and its potential for future growth
regionalย reports that can be customised upon request
๐‡๐จ๐ฐ ๐›๐ข๐  ๐ข๐ฌ ๐ญ๐ก๐ž ๐‡๐ž๐š๐ซ๐ญ ๐๐ฎ๐ฆ๐ฉ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ?

The Global Heart Pump Device Market is expected to grow at more than 21% CAGR from 2020 to 2028. It is expected to reach above USD 7 billion by 2028 from a little above USD 1.6 billion in 2020.

๐—›๐—ฒ๐—ฎ๐—ฟ๐˜ ๐—ฃ๐˜‚๐—บ๐—ฝ ๐——๐—ฒ๐˜ƒ๐—ถ๐—ฐ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„

The rise in heart failure rates and the prevalence of cardiovascular disorders, as well as government clearance of heart pump devices and technological advancements in medical research that have led to the development of heart pump devices, are the main factors fueling the market's revenue growth. Around 244.1 million people worldwide had coronary (ischemic) heart disease in 2020, according to the American Heart Association 2022.

According to information from the British Heart Foundation 2022, 1 in 14 individuals globally, or about 550 million people, were affected by heart and circulation disorders in 2019; this figure comprises around 290 million women and about 260 million males.

๐—ช๐—ต๐—ผ ๐—ฎ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ท๐—ผ๐—ฟ ๐—ฝ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ถ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜†?

Medtronic, Abbott, Boston Scientific Corporation, Terumo Medical Corporation, W. L. Gore & Associates, Inc., lepumedical.com, and others.

๐—ฅ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜๐˜€

August 25, 2023 Medtronic's August 23, 2023, Urgent Medical Device Communication External Link Disclaimer for updated patient management recommendations for HeartWare Ventricular Assist Device (HVAD) systems. The FDA agrees with Medtronic's recommendations and references select recommendations on the Recommendations for Patients and Health Care Providers: HVAD System page and on the Recalls Related to HVAD System page.

Jan 24, 2023 Medtronic's spate of HeartWare heart pump issues continues with battery recall

After issuing near-monthly safety warnings related to its discontinued HeartWare Ventricular Assist Device (HVAD) last year, Medtronic is already continuing the trend in 2023.

๐—ช๐—ต๐—ฎ๐˜ ๐—ฒ๐˜…๐—ฎ๐—ฐ๐˜๐—น๐˜† ๐—ฑ๐—ผ๐—ฒ๐˜€ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐˜€๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ?

Global Heart Pump Device Market by Device Type Segment, (In USD Million)

Implantable Heart Pump Devices

Extracorporeal Heart Pump Devices

Global Heart Pump Device Market by Therapy Segment, (In USD Million)

Bridge-To-Transplant (BTT)

Bridge-To-Candidacy (BTC)

Destination Therapy (DT)

Other Therapies

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—›๐—ฒ๐—ฎ๐—ฟ๐˜ ๐—ฃ๐˜‚๐—บ๐—ฝ ๐——๐—ฒ๐˜ƒ๐—ถ๐—ฐ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜

With a predicted revenue share of about 47.49% in 2022, North America was predicted to be the leading region. The high rates of heart disease in the area, a sizable aging population, and an effective healthcare system are the key causes of this. These crucial elements are anticipated to support regional growth. Additionally, the CDC projects that by the year 2030, there will be 12.1 million more people with atrial fibrillation than there are currently.

Europe (Germany, France, the United Kingdom, Russia, Italy)

Southeast Asia, China, Japan, South Korea, and Asia-Pacific

Brazil, Argentina, Colombia, etc. are all in South America.

Americas (US, Canada, and Mexico)

Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria, and South Africa)

๐—ง๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ผ๐—ณ ๐—–๐—ผ๐—ป๐˜๐—ฒ๐—ป๐˜:

1 Study Reporting
1.1 Heart Pump Device Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Heart Pump Device Market Size Growth Rate by Type
1.5 Market by Application

2 Executive Instantaneous
2.1 Global Heart Pump Device Market Size
2.1.1 Global Heart Pump Device Revenue
2.1.2 Global Heart Pump Device Production
2.2 Heart Pump Device Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Heart Pump Device Manufacturers
2.3.2.1 Heart Pump Device Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Heart Pump Device Product Offered
2.3.2.3 Date of Manufacturers Enter into Heart Pump Device Market
2.4 Key Trends for Heart Pump Device Markets & Products

3 Market Size by Manufacturers
3.1 Heart Pump Device Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans

4 Heart Pump Device Production by Regions

4.1 Global Heart Pump Device Production by Regions
4.1.1 Global Heart Pump Device Production Market Share by Regions
4.1.2 Global Heart Pump Device Revenue Market Share by Regions
4.2 United States
4.2.1 United States Heart Pump Device Production
4.2.2 United States Heart Pump Device Revenue
4.2.3 Key Players in United States
4.2.4 United States Heart Pump Device Import & Export
4.3 Europe
4.3.1 Europe Heart Pump Device Production
4.3.2 Europe Heart Pump Device Revenue

5 Heart Pump Device Consumption by Regions

5.1 Global Heart Pump Device Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country

6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Heart Pump Device Breakdown Dada by Application
7.2.1 Global Heart Pump Device Consumption by Application
7.2.2 Global Heart Pump Device Consumption Market Share by Application

8 Manufacturers Profiles
9 Production Forecasts
9.1 Heart Pump Device Production and Revenue Forecast
9.1.1 Global Heart Pump Device Production Forecast
9.1.2 Global Heart Pump Device Revenue Forecast
9.2 Heart Pump Device Production and Revenue Forecast by Regions
9.2.1 Global Heart Pump Device Revenue Forecast by Regions
9.2.2 Global Heart Pump Device Production Forecast by Regions
9.3 Heart Pump Device Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Heart Pump Device Production Forecast by Type
9.4.2 Global Heart Pump Device Revenue Forecast by Type

10 Consumption Forecast
10.1 Heart Pump Device Consumption Forecast by Application
10.2 Heart Pump Device Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Heart Pump Device Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Heart Pump Device Consumption Forecast by Regions 2018-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Heart Pump Device Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Heart Pump Device Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Heart Pump Device Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Heart Pump Device Sales Channels
11.2.2 Heart Pump Device Distributors
11.3 Heart Pump Device Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators

13 Key Findings in the Global Heart Pump Device Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continueโ€ฆ.

๐—•๐—ฒ๐—ป๐—ฒ๐—ณ๐—ถ๐˜๐˜€ ๐—ผ๐—ณ ๐—›๐—ฒ๐—ฎ๐—ฟ๐˜ ๐—ฃ๐˜‚๐—บ๐—ฝ ๐——๐—ฒ๐˜ƒ๐—ถ๐—ฐ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐˜€

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Detail Information@ย https://exactitudeconsultancy.com/reports/1173/heart-pump-device-market/#request-a-sample

๐—ต๐—ฒ๐—ฎ๐—น๐˜๐—ต๐—ฐ๐—ฎ๐—ฟ๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐˜€

https://www.digitaljournal.com/pr/news/xherald/drug-discovery-informatics-market-forecast-2019-2028-market-size-drivers-trends-and-competitors

https://www.digitaljournal.com/pr/news/xherald/healthcare-provider-network-management-market-to-observe-surprising-growth-of-usd-9-8-billion-by-2028-with-size-share-key-players-revenue-future-growth-outlook

https://www.digitaljournal.com/pr/news/xherald/surgical-robots-market-is-booming-worldwide-according-to-new-research-report-forecast-to-2028

https://www.digitaljournal.com/pr/news/xherald/modified-starch-market-growth-with-trends-cagr-of-2-5-analysis-by-type-application-regions-restraints-top-key-players-profile-and-forecast-to-2028

https://www.digitaljournal.com/pr/news/xherald/immunoassay-market-2023-worldwide-trends-in-new-research-report-danaher-thermo-fisher-scientific-abbott-laboratories-siemens-healthineer

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