Global Ventricular Assistance Devices market cagr 11.7%

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Ventricular Assistance Devices Market

Ventricular Assistance Devices Market Scope:

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Ventricular Assistance Devices Market Size and Growth

The Ventricular Assistance Devices (VAD) market is experiencing robust growth, driven by increasing heart failure prevalence and technological advancements. The global market size is projected to reach approximately $2.5 billion by 2028, reflecting significant investment in innovative solutions, patient management, and expanding applications in both chronic and acute heart conditions.

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Companies Covered

(Covid 19 Impact Covered)

◍ Abiomed

◍ Berlin Heart

◍ Cardiac Assist

◍ HeartWare

◍ Jarvik Heart

◍ Reliant Heart

◍ Abbott

◍ Sun Medical

◍ Syncardia System

◍ Thoratec

The Ventricular Assistance Devices market involves key players like Abiomed, Berlin Heart, and Abbott, among others. These companies drive innovation and market growth through advanced technologies and diverse product offerings. Revenue contributions include:

- Abbott: $10 billion (2022)

- Abiomed: $1.09 billion (2022)

- Thoratec: $1.06 billion (2015)

Their collaboration enhances treatment options for heart failure patients.

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Market Segmentation

By Application

Hospital

Clinic

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By Product

Right Ventricular Assist Device

Left Ventricular Assist Device

Bi-ventricular Assist Device

Market Growth

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$ X Billion USD

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