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Ventricular Assist Devices Companies

ID: MRFR/HC/8299-HCR
120 Pages
Vikita Thakur
Last Updated: February 16, 2025
Ventricular Assist Devices (VADs) have emerged as crucial technological advancements in the field of cardiovascular medicine, offering a lifeline to patients suffering from severe heart failure. These devices serve as mechanical pumps that support the weakened heart by assisting in blood circulation.
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Ventricular Assist Devices Market
Market Size
Forecast Period2025 - 2035
CAGR (2025 - 2035)8.26%
2024 Market Size$ 1.95 Billion
2025 Market Size$ 2.11 Billion
2035 Market Size$ 4.67 Billion
Key Players
Companies such as Abbott
 Medtronic
Boston Scientific
Cleveland Heart
Terumo
ReliantHeart
Opportunities
  • Growing Geriatric Population
  • Rising Healthcare Expenditure
  • Supportive Regulatory Frameworks

Top Industry Leaders in the Ventricular Assist Devices Market

Ventricular Assist Devices Key Companies
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Latestย Ventricular Assist Devicesย Companies Update:

Abbott Received FDA approval for the HeartMate 3 Heart Pump for pediatric patients (December 2020).

SynCardia Systems Secured FDA approval for a 50cc temporary total artificial heart system in March 2020.

HeartWare International Entered an agreement with Abbott to market their HVAD System in Japan (July 2023).

Medtronic Launched their HVAD pump with Full AXIOS system in Europe (October 2023).

BTT (Berlin Heart) Announced clinical trial results showing positive outcomes for their MagLev pump in destination therapy patients (November 2023).

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List ofย Ventricular Assist Devicesย Key companies in the market
  • Medtronic plc
  • Abbott
  • Berlin Heart GmbH
  • ReliantHeart Inc.
  • Abiomed Inc.
  • Cardiac Assist Inc.
  • Cirtec
  • CorWave SA
  • Fineheart