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How Will The Market Value Of The Cardiac Assist Devices And Equipment Market Increase Between 2026 And 2030?
The cardiac assist devices and equipment market has demonstrated substantial growth in recent years. Its size is expected to increase from $2.35 billion in 2025 to $2.53 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 7.9%. The past expansion of this market can be linked to factors such as the rising incidence of advanced heart failure, the proliferation of cardiac surgery programs, an increased utilization of mechanical circulatory support, continuous improvements in implantable device design, and the growing accessibility of specialized cardiac care centers.
The cardiac assist devices and equipment market is projected to experience swift expansion over the coming years, anticipated to reach $3.76 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 10.4%. This growth during the forecast period can be attributed to a heightened demand for destination therapy devices, the increasing integration of remote monitoring in assist systems, the broadening scope of bridge-to-transplant applications, rising investments in advanced cardiac technologies, and progress in biocompatible materials and device miniaturization. Key trends expected during this period involve a greater embrace of implantable assist devices, the expanding use of minimally invasive cardiac support solutions, an increasing incorporation of remote patient monitoring, the development of pediatric and specialized cardiac devices, and an intensified focus on ensuring long-term device dependability.
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What Major Growth Factors Are Impacting The Cardiac Assist Devices And Equipment Market?
The growing incidence of cardiovascular diseases (CVD) is fueling the need for cardiac assist devices and equipment across both developed and developing regions. The heightened requirement for detecting, tracking, treating early, and preventing these serious conditions further boosts the demand for cardiac assist devices. For example, data from the American Heart Association, a US-based nonprofit, indicates that by 2035, 45.1% of the US population is expected to be afflicted with some type of CVD. The overall expenses associated with CVD are projected to hit $1.1 trillion by 2035, comprising direct medical expenditures anticipated to be $748.7 billion and indirect costs estimated at $368 billion. Consequently, the increased occurrence of cardiovascular diseases is propelling the expansion of the cardiac assist devices and equipment market.
How Is The Cardiac Assist Devices And Equipment Market Distributed Across Key Segments?
The cardiac assist devices and equipment market covered in this report is segmented –
1) By Type: Ventricular Assist Devices (LVAD), Intra-Aotic Baloon Pumps, Total Artificial Heart
2) By Modality: Transcutaneous, Implantable
3) By Application: Hospitals And Cardiac Care Centers, Ambulatory Surgical Centres, Emergency Services
Subsegments:
1) By Ventricular Assist Devices (LVAD): Implantable LVADs, Externally Powered LVADs, Pediatric LVADs, Other LVADs
2) By Intra-Aortic Balloon Pumps: Disposable Intra-Aortic Balloon Pumps, Reusable Intra-Aortic Balloon Pumps
3) By Total Artificial Heart: Pneumatically Powered Total Artificial Heart, Electrically Powered Total Artificial Heart, Other Total Artificial Heart Types
Which Trends Are Supporting The Evolution Of The Cardiac Assist Devices And Equipment Market?
Major companies operating in the cardiac assist devices and equipment market are focusing on developing miniaturized interventional ventricular assist devices (VADs), such as foldable percutaneous VAD systems, to provide less-invasive circulatory support during high-risk percutaneous coronary interventions and acute cardiogenic shock. A foldable percutaneous VAD system is a catheter-delivered mechanical circulatory-support device designed to be inserted through a small arterial sheath, thereby reducing vascular access size, providing rapid left-ventricular unloading with clinically meaningful flow rates, and lowering procedural trauma compared with larger surgical pumps. For instance, in September 2023, magAssist, a China-based developer of circulatory-support devices, introduced the NyokAssist interventional ventricular assist device, which received U.S. FDA Breakthrough Device designation and completed first-in-human use. It is a small-bore (˜9 Fr) foldable catheter pump with an external motor to reduce hemolysis risk, is designed for easy delivery across the aortic arch, and achieved >3 L/min average flow during reported first-in-human high-risk PCI support.
Who Are The Prominent Players Across The Cardiac Assist Devices And Equipment Market?
Major companies operating in the cardiac assist devices and equipment market are Abbott Laboratories, Berlin Heart GmbH, Abiomed Inc., Bivacor Pvt. Ltd., Calon Cardio-Technology Ltd., Cardiobridge GmbH, Cardiac Assist Inc., Braile Biomedica Ltd., Circulite Inc., Evaheart Inc., FineHeart Sarl, Getinge AB, Jarvik Heart Inc., Medtronic plc, OregonHeart, MitiHeart Corporation, Procyrion Inc., Scandinavian Real Heart AB, Syncardia Systems LLC, HeartWare International Inc., Cardiac Power Innovations, Cardionomic Inc., Carmat SA, CorWave SA, Leviticus Cardio Ltd., LivaNova PLC, MicroMed Cardiovascular Inc., Novacor SA, Thoratec Corporation, Ventracor Limited
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Which Regional Market Leads The Cardiac Assist Devices And Equipment Market?
North America was the largest region in global cardiac assist devices and equipment market in 2025. Western Europe was the second-largest region in cardiac assist devices and equipment market. The regions covered in the cardiac assist devices and equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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