Learn about the global cardiac assist devices and equipment market through The Business Research Company, which provides information on cardiac assist devices and equipment market size, cardiac assist devices and equipment market drivers and restraints, cardiac assist devices and equipment market players, the COVID-19 impact on the cardiac assist devices and equipment market, and more.

The global cardiac assist devices and equipment market size is expected to grow from $1.85 billion in 2021 to $2.15 billion in 2022 at a compound annual growth rate (CAGR) of 15.7%. The global cardiac assist devices market size is expected to grow to $3.58 billion in 2026 at a CAGR of 13.7%.

A rise in the prevalence of cardiovascular diseases increases the demand for cardiac assist devices and equipment in developed and developing economies.

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The cardiac assist devices and equipment market consist of sales of cardiac assist devices and equipment and related services. Cardiac assist devices and equipment are electromechanical devices for assisting cardiac circulation, which are used either to partially or to completely replace the function of a failing heart.

Global Cardiac Assist Devices And Equipment Market Segments Include:

By Type: Ventricular Assist Devices (LVAD), Intra-Aotic Baloon Pumps, Total Artificial Heart

By Application: Hospital Pharmacies, Ambulatory Surgical Centres, Emergency Services

By Modality: Transcutaneous, Implantable

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in cardiac assist devices and equipment market in 2021.

Device miniaturization is becoming popular in the cardiac assist devices and equipment market. The concept of minimizing the size of the cardiac assist devices enhances device implantation, provides potentially shorter hospital stay through the use of less invasive surgery such as ‘Thoracotomy’. Cardiac assist device miniaturization acts as a replacement to heart transplantation as destination therapy, due to lack of heart donors.

TBRC’s cardiac assist devices and equipment market report covers:

Major Market Players: Abbot Laboratories, Berlin Heart GmbH, Abiomed Inc., Bivacor Pvt Ltd., Calon Cardio – Technology Ltd., Cardiobridge GmbH, Balton Sp. Z O.O, Cardiac Assist Inc., Braile Biomedica Ltd., and Circulate Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Cardiac Assist Devices And Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides cardiac assist devices and equipment market overviews, analyzes and forecasts market size, share, cardiac assist devices and equipment market players, cardiac assist devices and equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s cardiac assist devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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