PUBLISHER: TechNavio | PRODUCT CODE: 1517115
PUBLISHER: TechNavio | PRODUCT CODE: 1517115
The artificial heart market is forecasted to grow by USD 1831.5 mn during 2023-2028, accelerating at a CAGR of 11.64% during the forecast period. The report on the artificial heart market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of hf and associated risk factors, lack of availability of organs for cardiac transplantation, and advances in vad technology.
Technavio's artificial heart market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 10.12% |
CAGR | 11.64% |
Incremental Value | $1831.5mn |
By Product
By Geographical Landscape
This study identifies the clinical trials for development of tahs as one of the prime reasons driving the artificial heart market growth during the next few years. Also, focus on development of non-blood contacting vads and strategic acquisitions will lead to sizable demand in the market.
The report on the artificial heart market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial heart market vendors that include Abbott Laboratories, Berlin Heart GmbH, BiVACOR Inc., Boston Scientific Corp., Calon Cardio Technology Ltd., CARMAT SA, Corcym Srl, CorWave SA, Cryolife Inc., Edwards Lifesciences Corp., Evaheart Inc., Jarvik Heart Inc., JenaValve Technology Inc., Johnson and Johnson Services Inc., LivaNova PLC, Medtronic Plc, MyLVAD Foundation LTD., Quest Diagnostics Inc., SynCardia Systems LLC, and Terumo Corp.. Also, the artificial heart market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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