Press release
Heart Transplant Market Growth Overview, Statistics, Industry Trends, Competition Strategies, Revenue Analysis, Key Players, Revenue, Opportunities, Challenges - 2030
The Heart Transplant Market value is expected to reach US$ 35,470.84 million by 2030 from US$ 15,472.79 million in 2022.The report highlights trends prevailing in the market and factors driving and hindering the growth of the heart transplant market.
The increasing target disease incidence and growing geriatric population are the key factors driving the market development. The geriatric population is prone to CVDs, orthopedic disorders, metabolic disorders, and neurological disorders, among others. According to the WHO, the aging population across the world is likely to rise from ~1 billion in 2019 to ~2.1 billion by 2050. However, the high cost of surgeries hampers the growth of the heart transplant market.
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Analysis of the Top Market Players:
1. Terumo Corp
2. Evaheart Inc
3. Abbott Laboratories
4. SynCardia Systems LLC
5. BiVACOR Inc
6. BioVentrix Inc
7. Berlin Heart GmbH
8. LivaNova Plc
9. Jarvik Heart Inc
10. Calon Cardio-Technology Ltd
In this report, the market has been segmented on the basis of:
Surgery Type (Orthotopic Heart Transplant and Heterotopic Heart Transplant)
Type (Donor Live Heart and Artificial Hearts)
End User (Hospitals, Cardiac Centers, and Others)
Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
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Companies operating in the heart transplant market focus on strategic developments such as collaborations, expansions, agreements, partnerships, and new product launches, which help them improve their sales, expand their geographic reach, and enhance their capacities to cater to a larger than existing customer base. A few of the noteworthy developments in the heart transplant market are mentioned below:
- In June 2021, Abbott Laboratories enhanced its manufacturing capacity and supply scale for Medtronic HeartWare ventricular assist device (HVAD), a mechanical circulatory support (MCS) device. In addition, the company announced providing support training and education programs for healthcare professionals intending to use HeartMate 3 heart pumps in their patients.
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