Comprehensive Percutaneous Mechanical Circulatory Support Devices Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034

"What Is the Future Outlook for the Percutaneous Mechanical Circulatory Support Devices Market's Size and Growth Rate?
There has been a significant expansion in the market size of percutaneous mechanical circulatory support devices in the past few years. The market is projected to increase from $2.26 billion in 2024 to $2.48 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 10.0%. The historical growth phase has been due to factors such as a rise in cardiovascular diseases, an ageing population, an increase in heart attack episodes, enhanced awareness and screening initiatives, and a boosted demand for heart pump apparatus.

In the coming years, the market for percutaneous mechanical circulatory support devices is anticipated to witness robust growth. The market is projected to reach $3.60 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.7%. Factors such as increased demand for sustained mechanical circulatory support, burgeoning healthcare spending, growing diabetic and obesity prevalence, increasing heart transplant needs, and the higher acceptance of percutaneous procedures contribute to the growth during the forecasted period. The period would also see trends like pump technology improvements, advancements in the field of medical technology, progression in cardiac support technologies, the emergence of minimally invasive medical technology, and the development of biocompatible materials.

What Is Stimulating Growth in the Percutaneous Mechanical Circulatory Support Devices Market?
The growth of the percutaneous mechanical circulatory support devices market is likely to be fueled by the surge in cases of cardiovascular diseases. These diseases encompass disorders related to the heart and blood vessels - coronary artery disease, heart attacks, heart failure, stroke, and hypertension are a few examples. The rise in cardiovascular diseases can be linked to aging populations, poor lifestyle habits, obesity, high blood pressure, and genetic vulnerabilities. Percutaneous mechanical circulatory support devices are commonly utilized in treating cardiovascular diseases to enhance heart performance, alleviate heart stress, and facilitate recovery in severe heart situations. As an illustration, the Australian Institute of Health and Welfare, a government agency in Australia, reported in December 2023, that certified deaths resulting from coronary heart disease (CHD) escalated to 14,100 in 2021, and further increased to 14,900 in 2022. Consequently, the escalating prevalence of cardiovascular diseases is stimulating the expansion of the percutaneous mechanical circulatory support (MCS) devices market.

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Which Key Market Leaders Are Driving Percutaneous Mechanical Circulatory Support Devices Industry Growth?
Major companies operating in the percutaneous mechanical circulatory support devices market are Abbott Laboratories, Medtronic Plc, Getinge AB, Teleflex Incorporated, Biotronik, Abiomed Inc., LivaNova Plc, Bioventrix, Berlin Heart, Eurosets, Magenta Medical Ltd, SynCardia Systems LLC, CardiacAssist Inc., Jarvik Heart Inc., Procyrion, BiVACOR Inc., CardioBridge GmbH and Company, Circulite Medical Inc., NovaPump GmbH, Supira Medical Inc., Pulsatile Technologies Inc.

Which Key Developments Are Influencing the Percutaneous Mechanical Circulatory Support Devices Market?
Leading firms in the percutaneous mechanical circulatory support devices market are increasingly concentrating on creating technologically sophisticated solutions like intra-aortic axial-flow devices to improve patient results and reduce surgical threats. The intra-aortic axial-flow device, a type of percutaneous mechanical circulatory support (MCS) device, is made to support the heart's function by improving blood circulation from the left ventricle to the aorta. For example, in February 2023, Procyrion, Inc., a medical device firm based in the US, reported the successful first human utilization of its Aortix pump. This groundbreaking device is aimed at averting acute kidney injury (AKI) in patients who undergo cardiac surgery. The Aortix pump, which is inserted via a catheter in the descending thoracic aorta, enhances renal blood flow while reducing the heart's burden during the operation. It achieves this by improving renal and systemic blood flow and concurrently diminishing the heart's pressure, making it particularly beneficial for patients with diminished left ventricular function and renal issues. With the ability to supply up to 5.0 litres of flow per minute, the Aortix pump is designed for temporary utilisation in procedures like percutaneous coronary interventions (PCI).

What Are the Main Segments in the Percutaneous Mechanical Circulatory Support Devices Market?
The percutaneous mechanical circulatory support devices market covered in this report is segmented -

1) By Product Type: Intra-Aortic Balloon Pumps, Impella Devices, Extracorporeal Membrane Oxygenation, TandemHeart, Other Types
2) By Application: Cardiogenic Shock, Acute Myocardial Infarction, Heart Failure, Other Applications
3) By End-User: Hospitals, Ambulatory Surgical Centers, Other End Users

Subsegments:
1) By Intra-Aortic Balloon Pumps (IABP): Standard IABP Devices, Enhanced IABP Devices
2) By Impella Devices: Impella 2.5, Impella 5.0, Impella CP (Cardiac Power)
3) By Extracorporeal Membrane Oxygenation (ECMO): Veno-Venous ECMO (VV ECMO), Veno-Arterial ECMO (VA ECMO)
4) By Tandemheart: Tandemheart PUMP System, Tandemheart PRO System
5) By Other Types: Centrifugal Pumps, Pneumatic Assist Devices

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Which Geographic Area Leads the Percutaneous Mechanical Circulatory Support Devices Market?
North America was the largest region in the percutaneous mechanical circulatory support devices market in 2024. The regions covered in the percutaneous mechanical circulatory support devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Percutaneous Mechanical Circulatory Support Devices Global Market Report?

- Market Size Analysis: Analyze the percutaneous mechanical circulatory support devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the percutaneous mechanical circulatory support devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall percutaneous mechanical circulatory support devices market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the percutaneous mechanical circulatory support devices market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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