Global LVAD Market 2021-2025

The publisher has been monitoring the LVAD market and it is poised to grow by $ 962.42 mn during 2021-2025, progressing at a CAGR of over 12% during the forecast period. The report on LVAD 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of heart failure and rising focus on unmet needs for advanced heart failure.

The LVAD market analysis include application segment and geographic landscape.

The LVAD market is segmented as below:

By Application

• Destination therapy
• BTD therapy
• BTT therapy
• BTR therapy

By Geographical Landscape

• North America
• Europe
• Asia
• ROW

This study identifies the favorable reimbursement policies as one of the prime reasons driving the LVAD market growth during the next few years.

The report on LVAD market covers the following areas:

• LVAD market sizing
• LVAD market forecast
• LVAD market industry analysis

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 LVAD market vendors that include Abbott Laboratories, Abiomed Inc., Berlin Heart GmbH, CorWave SA, Jarvik Heart Inc., LivaNova Plc, Medtronic Plc, Sun Medical Technology Research Institute Co. Ltd., Terumo Corp., and Transonic Systems Inc. Also, the LVAD 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.