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US Heart Pump Devices Market

ID: MRFR/MED/15166-HCR
100 Pages
Garvit Vyas
October 2025

US Heart Pump Devices Market Research Report By Product (Ventricular Assist Devices, Left Ventricular Assist Devices, Right Ventricular Assist Devices, Bi- Ventricular Assist Devices, Percutaneous Ventricular Assist Devices, Transcutaneous Ventricular Assist Devices, Intra-Aortic Balloon Pumps, Total Artificial Heart), By Device Type (Implantable Heart Pump Devices, Extracorporeal Heart Pump Devices), By Therapy (Bridge-to-candidacy (BTC), Bridge-to-transplant (BTC), Destination Therapy (DT), Others) and By End-User (Hospitals & Cli... read more

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US Heart Pump Devices Market Summary

As per MRFR analysis, the US heart pump-devices market Size was estimated at 207.52 USD Million in 2024. The US heart pump-devices market is projected to grow from 224.67 USD Million in 2025 to 496.85 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.26% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US heart pump-devices market is experiencing robust growth driven by technological advancements and increasing healthcare investments.

  • Technological advancements are enhancing the efficacy and safety of heart pump devices, leading to broader adoption.
  • Minimally invasive procedures are gaining traction, appealing to both patients and healthcare providers for their reduced recovery times.
  • Personalized medicine is emerging as a key focus, allowing for tailored treatment options that improve patient outcomes.
  • The rising prevalence of cardiovascular diseases and increased investment in healthcare infrastructure are major drivers propelling market growth.

Market Size & Forecast

2024 Market Size 207.52 (USD Million)
2035 Market Size 496.85 (USD Million)

Major Players

Abbott (US), Medtronic (US), Boston Scientific (US), Terumo (JP), Cleveland Heart (US), CardiacAssist (US), Syncardia (US), Getinge (SE), LivaNova (GB)

US Heart Pump Devices Market Trends

The heart pump-devices market is currently experiencing notable advancements driven by technological innovations and increasing prevalence of cardiovascular diseases. The integration of artificial intelligence and machine learning into device functionality appears to enhance patient outcomes and streamline clinical workflows. Furthermore, the growing emphasis on minimally invasive procedures is likely to propel the adoption of these devices, as they offer reduced recovery times and lower risks of complications. Regulatory bodies are also playing a crucial role in ensuring the safety and efficacy of new devices, which may foster greater confidence among healthcare providers and patients alike. In addition, the heart pump-devices market is witnessing a shift towards personalized medicine, where devices are tailored to meet individual patient needs. This trend is supported by ongoing research and development efforts aimed at improving device performance and compatibility with various patient profiles. As the healthcare landscape evolves, the demand for innovative solutions that address specific cardiovascular conditions is expected to rise, potentially leading to a more competitive market environment. Overall, the heart pump-devices market is poised for growth, driven by technological advancements and a focus on patient-centered care.

Technological Advancements

Recent innovations in heart pump-devices are transforming treatment options. Enhanced functionalities, such as remote monitoring and data analytics, are becoming more prevalent. These advancements may improve patient management and outcomes.

Minimally Invasive Procedures

There is a growing trend towards minimally invasive techniques in the heart pump-devices market. Such procedures are associated with shorter recovery times and reduced complications, making them increasingly attractive to both patients and healthcare providers.

Personalized Medicine

The shift towards personalized medicine is influencing the heart pump-devices market. Devices are being developed to cater to individual patient needs, which may enhance treatment efficacy and patient satisfaction.

US Heart Pump Devices Market Drivers

Technological Innovations in Device Design

Innovations in the design and functionality of heart pump devices are driving growth in the heart pump-devices market. Recent advancements include the development of smaller, more efficient devices that can be implanted with minimal invasiveness. These innovations not only enhance patient comfort but also improve recovery times, making them more appealing to both patients and healthcare providers. The heart pump-devices market is likely to benefit from these technological breakthroughs, as they may lead to increased adoption rates among clinicians. As a result, the market could witness a compound annual growth rate (CAGR) of approximately 10% through 2028.

Rising Prevalence of Cardiovascular Diseases

The increasing incidence of cardiovascular diseases in the US is a primary driver for the heart pump-devices market. According to the CDC, heart disease remains the leading cause of death, accounting for approximately 697,000 deaths annually. This alarming statistic underscores the urgent need for effective treatment options, including heart pump devices. As the population ages, the prevalence of conditions such as heart failure is expected to rise, further propelling demand for innovative heart pump technologies. The heart pump-devices market is likely to experience substantial growth as healthcare providers seek advanced solutions to manage these chronic conditions, potentially leading to a market valuation exceeding $5 billion by 2027.

Growing Awareness and Education on Heart Health

Public awareness campaigns focusing on heart health are becoming more prevalent in the US, which is positively influencing the heart pump-devices market. Organizations such as the American Heart Association are actively promoting education on cardiovascular health, leading to increased screening and early diagnosis of heart conditions. This heightened awareness is likely to result in a greater demand for heart pump devices as patients seek effective treatment options. The heart pump-devices market may see a surge in sales as more individuals become informed about available technologies, potentially increasing market penetration by 15% over the next few years.

Regulatory Support and Approval for New Devices

Regulatory support for the approval of new heart pump devices is a crucial driver for the heart pump-devices market. The FDA has streamlined the approval process for innovative medical devices, allowing for faster access to market for new technologies. This regulatory environment encourages manufacturers to invest in research and development, leading to a wider array of heart pump options for patients. The heart pump-devices market is likely to expand as new products receive approval, potentially increasing competition and driving down costs. This supportive regulatory framework may result in a market growth trajectory that aligns with an annual increase of 7% in device availability.

Increased Investment in Healthcare Infrastructure

Investment in healthcare infrastructure in the US is significantly impacting the heart pump-devices market. With the ongoing expansion of hospitals and specialized cardiac care centers, there is a growing demand for advanced medical devices. The American Hospital Association reports that hospitals are increasingly adopting cutting-edge technologies to enhance patient care. This trend is likely to drive the heart pump-devices market as healthcare facilities prioritize the acquisition of state-of-the-art equipment. Furthermore, government initiatives aimed at improving healthcare access and quality may lead to increased funding for cardiac care, potentially resulting in a market growth rate of around 8% annually over the next five years.

Market Segment Insights

By Product: Left Ventricular Assist Devices (Largest) vs. Ventricular Assist Devices (Fastest-Growing)

The US heart pump-devices market is characterized by a diverse range of products, with left ventricular assist devices (LVADs) holding the largest market share due to their widespread application and effectiveness in treating advanced heart failure. Other significant players include ventricular assist devices and intra-aortic balloon pumps, which contribute substantially but have smaller markets compared to LVADs. The positioning of these devices reflects the evolving needs of patients and healthcare providers in managing heart conditions. Growth trends in this segment are driven by technological advancements, increasing incidence of heart failure, and a strong push towards innovative treatment solutions. Ventricular assist devices are experiencing rapid adoption, particularly in patients awaiting heart transplants, marking them as the fastest-growing segment. Furthermore, the development of more compact and efficient devices is expected to enhance patient outcomes and attract funding for research and clinical applications.

Left Ventricular Assist Devices (Dominant) vs. Ventricular Assist Devices (Emerging)

Left ventricular assist devices are currently the dominant force in the US heart pump-devices market, primarily due to their critical role in managing severe heart failure and prolonging patient life. They have evolved significantly, featuring improved biocompatibility and usability, appealing to both clinicians and patients. Ventricular assist devices are emerging as key players, providing versatile options for temporary or long-term support in varying clinical scenarios. The innovations in design and functionality for both segments are paving the way for better outcomes and tailored therapies, making them indispensable in modern cardiac care.

By Device Type: Implantable heart pump devices (Largest) vs. Extracorporeal heart pump devices (Fastest-Growing)

In the US heart pump-devices market, implantable heart pump devices hold a significant share, dominating the segment with their advanced technology and efficacy in long-term heart failure management. Meanwhile, extracorporeal heart pump devices, while smaller in market share, are gaining traction due to their effective short-term applications and the increasing number of surgical procedures requiring temporary cardiac support. The growth trends for both segments are influenced by technological advancements and rising awareness regarding heart diseases. Implantable devices benefit from an aging population and the escalating incidence of coronary artery diseases. Conversely, extracorporeal devices are becoming the fastest-growing segment propelled by innovations and their use during complex surgeries, leading to broader acceptance and clinical application.

Implantable heart pump devices (Dominant) vs. Extracorporeal heart pump devices (Emerging)

Implantable heart pump devices are considered the dominant technology in the market due to their ability to provide effective long-term support for patients with severe heart failure. These devices offer a range of configurations, including ventricular assist devices (VADs) which are designed to improve heart function and enhance patients' quality of life. On the other hand, extracorporeal heart pump devices are classified as emerging technologies, primarily used for short-term support in critical care settings. Their versatility and advancements in design make them ideal for acute cases and surgical interventions, connecting them to a rapid growth trajectory as healthcare providers increasingly adopt these devices for temporary cardiac assistance.

By Therapy: Destination therapy (Largest) vs. Bridge-to-transplant (Fastest-Growing)

In the US heart pump-devices market, the therapy segment comprises several key categories, each with distinct market dynamics. Destination therapy (DT) currently holds the largest share, largely due to its established role in providing long-term support for patients with advanced heart failure. In contrast, the Bridge-to-candidacy (BTC) and Bridge-to-transplant (BTC) segments, while significant, have smaller shares but are critical for facilitating treatment paths for patients awaiting transplants. The Others category includes innovative therapies that are slowly gaining traction in the market.

Destination therapy (Dominant) vs. Bridge-to-transplant (Emerging)

The Destination therapy (DT) segment is characterized by its focus on providing a long-term solution for patients with end-stage heart failure, offering a viable alternative to heart transplantation. It is widely regarded as a dominant choice due to its comprehensive support mechanisms, including improved patient quality of life and extended survival rates. On the other hand, the Bridge-to-transplant (BTC) segment is emerging rapidly as advancements in technology and clinical protocols enhance its effectiveness. This increasing acceptance is driven by a growing patient population and an expanding donor organ shortage, which motivates the use of devices that sustain patients until they are eligible for transplants. Both segments play crucial roles in the overall treatment landscape, catering to the varying needs of heart failure patients.

By End-User: Hospitals & Clinics (Largest) vs. Ambulatory Surgical Centers (Fastest-Growing)

In the US heart pump-devices market, Hospitals & Clinics hold the largest share among the end-user segments, indicating their critical role in patient care and advanced medical treatments. In comparison, Ambulatory Surgical Centers are rapidly increasing their market presence, driven by the rising preference for outpatient procedures and minimally invasive techniques, which enhances patient recovery times. Growth trends for this segment are boosted by technological advancements in heart pump devices, increasing prevalence of cardiovascular diseases, and a shift towards outpatient care. Research institutes are also contributing to innovation through studies and trials, while the 'Others' category includes various healthcare settings where heart pump devices are being adopted, reflecting a broader acceptance across different healthcare services.

Hospitals & Clinics (Dominant) vs. Ambulatory Surgical Centers (Emerging)

Hospitals & Clinics dominate the US heart pump-devices market due to their comprehensive care capabilities and access to cutting-edge technology. These facilities are equipped with the latest heart pump devices and maintain a high operational volume, providing continuous care for patients with severe cardiac conditions. On the other hand, Ambulatory Surgical Centers are emerging as a key player, offering patients personalized care in a cost-effective manner. They focus on outpatient procedures, providing convenience and shorter recovery times. This segment's evolution is attributed to shifting healthcare policies favoring outpatient services and the increasing patient demand for minimally invasive options, positioning them as a significant growth driver in the overall market.

Get more detailed insights about US Heart Pump Devices Market

Key Players and Competitive Insights

The heart pump-devices market is characterized by a dynamic competitive landscape, driven by technological advancements and an increasing prevalence of cardiovascular diseases. Major players such as Abbott (US), Medtronic (US), and Boston Scientific (US) are at the forefront, each adopting distinct strategies to enhance their market presence. Abbott (US) focuses on innovation, particularly in developing next-generation heart pumps that integrate advanced monitoring technologies. Medtronic (US) emphasizes strategic partnerships and acquisitions to bolster its product portfolio, while Boston Scientific (US) is investing heavily in research and development to expand its offerings in minimally invasive heart pump solutions. Collectively, these strategies contribute to a competitive environment that is increasingly centered around technological innovation and patient-centric solutions.

Key business tactics within the heart pump-devices market include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure appears moderately fragmented, with several key players holding substantial market shares. This fragmentation allows for a diverse range of products and innovations, fostering competition that drives advancements in technology and patient care.

In October 2025, Abbott (US) announced the launch of its latest heart pump device, which features enhanced biocompatibility and a streamlined design aimed at improving patient outcomes. This strategic move is significant as it not only reinforces Abbott's commitment to innovation but also positions the company to capture a larger share of the growing market for advanced heart pump technologies. The introduction of this device is likely to attract attention from healthcare providers seeking cutting-edge solutions for heart failure patients.

In September 2025, Medtronic (US) completed the acquisition of a promising startup specializing in AI-driven cardiac monitoring systems. This acquisition is pivotal as it allows Medtronic to integrate artificial intelligence into its heart pump devices, potentially enhancing patient monitoring and outcomes. The strategic importance of this move lies in Medtronic's ability to leverage AI technology to differentiate its products in a competitive market, aligning with the broader trend of digital transformation in healthcare.

In August 2025, Boston Scientific (US) entered into a collaboration with a leading research institution to develop next-generation heart pump technologies. This partnership is crucial as it underscores Boston Scientific's commitment to innovation through collaboration, enabling the company to access cutting-edge research and accelerate the development of new products. Such strategic alliances are becoming increasingly important in the heart pump-devices market, as they facilitate knowledge sharing and resource pooling among industry players.

As of November 2025, current competitive trends in the heart pump-devices market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are shaping the landscape, allowing companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological advancements, reliability in supply chains, and the ability to deliver superior patient outcomes. This shift indicates a growing emphasis on innovation and quality as key drivers of success in the heart pump-devices market.

Key Companies in the US Heart Pump Devices Market market include

Industry Developments

Recent developments in the US Heart Pump Devices Market indicate significant advancements and activities among key players such as Medtronic, Abbott, and Boston Scientific. In September 2023, Medtronic announced its new heart pump technology aimed at improving patient outcomes for severe heart failure, reflecting ongoing innovation in the sector. Additionally, Abbott has been making strides with its recent clinical trials targeting advanced heart failure treatments, showcasing the critical shift towards less invasive solutions.

In the mergers and acquisitions landscape, Asahi Kasei acquired a majority stake in a significant heart pump technology company in August 2023, enhancing its position in the market. Furthermore, Boston Scientific completed the acquisition of a startup specializing in heart pump devices in July 2023, which is anticipated to bolster its R&D capabilities.

Over the last 2-3 years, the US Heart Pump Devices Market has witnessed a noted increase in valuation due to rising patient needs and advances in technology, with the market expected to grow substantially as more companies focus on developing innovative solutions for heart failure management. These developments underscore the dynamic nature of the market and the potential for continued growth driven by innovation and strategic partnerships.

Future Outlook

US Heart Pump Devices Market Future Outlook

The Heart Pump Devices Market is projected to grow at an 8.26% CAGR from 2024 to 2035, driven by technological advancements, increasing prevalence of heart diseases, and rising healthcare expenditure.

New opportunities lie in:

  • Development of portable heart pump devices for home care settings.
  • Integration of AI for predictive maintenance and patient monitoring.
  • Expansion into emerging markets with tailored financing solutions.

By 2035, the heart pump-devices market is expected to achieve substantial growth and innovation.

Market Segmentation

US Heart Pump Devices Market Product Outlook

  • Ventricular assist devices
  • Left ventricular assist devices
  • Right ventricular assist devices
  • Bi-ventricular assist devices
  • Percutaneous ventricular assist devices
  • Transcutaneous ventricular assist devices
  • Intra-Aortic balloon pumps
  • Total artificial heart

US Heart Pump Devices Market Therapy Outlook

  • Bridge-to-candidacy (BTC)
  • Bridge-to-transplant (BTC)
  • Destination therapy (DT)
  • Others

US Heart Pump Devices Market End-User Outlook

  • Hospitals & Clinics
  • Ambulatory surgical centers
  • Research institutes
  • Others

US Heart Pump Devices Market Device Type Outlook

  • Implantable heart pump devices
  • Extracorporeal heart pump devices

Report Scope

MARKET SIZE 2024207.52(USD Million)
MARKET SIZE 2025224.67(USD Million)
MARKET SIZE 2035496.85(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.26% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledAbbott (US), Medtronic (US), Boston Scientific (US), Terumo (JP), Cleveland Heart (US), CardiacAssist (US), Syncardia (US), Getinge (SE), LivaNova (GB)
Segments CoveredProduct, Device Type, Therapy, End-User
Key Market OpportunitiesAdvancements in minimally invasive heart pump-devices enhance patient outcomes and expand market potential.
Key Market DynamicsTechnological advancements and regulatory changes drive innovation in the heart pump-devices market, enhancing patient outcomes.
Countries CoveredUS

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FAQs

What is the expected market size of the US Heart Pump Devices Market in 2024?

The US Heart Pump Devices Market is expected to be valued at 207.2 million USD in 2024.

What is the projected market value of the US Heart Pump Devices Market by 2035?

By 2035, the US Heart Pump Devices Market is anticipated to reach a value of 1568.11 million USD.

What is the expected compound annual growth rate (CAGR) for the US Heart Pump Devices Market from 2025 to 2035?

The expected CAGR for the US Heart Pump Devices Market from 2025 to 2035 is 20.201%.

Which segment of heart pump devices holds the largest market share in 2024?

In 2024, the Left Ventricular Assist Devices segment is expected to hold a significant market share valued at 75.0 million USD.

What is the market valuation for Ventricular Assist Devices in 2035?

The Ventricular Assist Devices segment is projected to be valued at 550.0 million USD by 2035.

Who are the key players in the US Heart Pump Devices Market?

Some key players in the US Heart Pump Devices Market include Medtronic, Boston Scientific, and Abbott.

What will be the market size for Right Ventricular Assist Devices in 2024?

The Right Ventricular Assist Devices segment is expected to be valued at 30.0 million USD in 2024.

What growth opportunities exist for the US Heart Pump Devices Market?

Emerging technologies and an increasing prevalence of heart diseases present growth opportunities for the US Heart Pump Devices Market.

What is the market size for Bi-Ventricular Assist Devices projected in 2035?

The Bi-Ventricular Assist Devices market is projected to reach a valuation of 150.0 million USD by 2035.

What challenges does the US Heart Pump Devices Market face?

The US Heart Pump Devices Market faces challenges including regulatory hurdles and high costs of technology.

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