Medical Equipment

Cardiac Assist Devices And Equipment Market Performance and Future Outlook at 9.5% CAGR Through 2029

December 8, 2025 by Marketing Posting

Uncover key drivers, emerging technologies, and competitive movements shaping the cardiac assist devices and equipment market from 2025–2034 with trusted insights from The Business Research Company

What Is The Predicted Size Of The Cardiac Assist Devices And Equipment Industry By 2029?

The cardiac assist devices and equipment market has experienced substantial expansion in recent years. It is projected to increase from $2.13 billion in 2024 to $2.35 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.0%. This historical growth can be attributed to several factors, including the prevalence of cardiac arrhythmias, an aging population, evolving clinical guidelines and research, and the adoption of minimally invasive procedures.

The cardiac assist devices and equipment market is projected for substantial expansion in the coming years. This market is forecast to reach $3.38 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 9.5%. Key factors contributing to this growth during the projection period include personalized medicine, broader global access to healthcare, the integration of electrophysiology devices in heart failure management, and hybrid procedures. Noteworthy trends anticipated in the forecast period encompass advancements such as 4d mapping and visualization, the application of artificial intelligence (ai) in electrophysiology, regenerative medicine approaches, and leadless cardiac pacing.

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What Major Drivers Are Impacting The Cardiac Assist Devices And Equipment Market?

The escalating prevalence of cardiovascular diseases (CVD) is driving an increased demand for cardiac assist devices and equipment across both developed and developing economies. This heightened demand stems from the growing need for diagnosis, continuous monitoring, early-stage treatment, and prevention of these life-threatening conditions. For instance, the American Heart Association, a US-based nonprofit organization, forecasts that by 2035, 45.1% of the US population will be affected by some form of CVD. Furthermore, the total costs related to CVD are predicted to reach $1.1 trillion in 2035, with direct medical costs projected at $748.7 billion and indirect costs estimated at $368 billion. Thus, the rising incidence of cardiovascular diseases serves as a significant impetus for the growth of the cardiac assist devices and equipment market.

Which Segment Categories Are Driving Maximum Growth In The Cardiac Assist Devices And Equipment Market?

The cardiac assist devices and equipmentmarket 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: Hospital Pharmacies, 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

What New Opportunities Are Emerging From Trends In The Cardiac Assist Devices And Equipment Market?

Major companies operating in the cardiac assist devices and equipment market are developing cutting-edge products, such as the CardioMEMS HF System, to enhance the care provided to a wider population experiencing heart failure. The CardioMEMS HF System is a cardiac device designed to wirelessly measure and continuously track pulmonary artery pressure and heart rate in patients diagnosed with heart failure. For instance, in February 2022, Abbott Laboratories, a US-based medical device company, obtained FDA approval for its CardioMEMS HF System, which functions as a small implantable sensor for heart failure management. Healthcare providers can utilize the data generated by the CardioMEMS HF system to make informed treatment decisions and effectively manage a patient’s heart failure, potentially enabling these patients to receive care sooner and reduce instances of heart failure-related hospitalizations.

Who Are The Dominant Players In The Cardiac Assist Devices And Equipment Market Today?

Major companies operating in the cardiac assist devices and equipment market include Abbot Laboratories, Berlin Heart GmbH, Abiomed Inc., Bivacor Pvt Ltd., Calon Cardio-Technology Ltd., Cardiobridge GmbH, Balton Sp. Z O.O, Cardiac Assist Inc., Braile Biomedica Ltd., Circulite Inc., Cardiokinetix Inc., Evaheart Inc., Fineheart Sarl, Fresenius Medical Care Ag & Co. KGaA, Getinge Ab, GPB Life Science Holdings Llc, Jarvik Heart Inc., Medtronic plc, OregonHeart, Mitiheart Corporation, Procyrion Inc., Relianthreat Inc., Scandinavian Real Heart AB, Senko Medical Instrument Mfg. Co. Ltd., Syncardia Systems LLC, HeartWare International Inc., Cardiac Dimensions Inc., Cardiac Power Innovations, Cardiac Science Corporation, Cardionomic Inc., Carmat SA, CorWave SA, Edwards Lifesciences Corporation, Leviticus Cardio Ltd., LivaNova PLC, MicroMed Cardiovascular Inc., MyoCardioCare Inc., Novacor SA, Orqis Medical Corporation, Terumo Corporation, Thoratec Corporation, Ventracor Limited

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Which Region Is At The Forefront Of Innovation In The Cardiac Assist Devices And Equipment Market?

North America was the largest region in global cardiac assist devices and equipment market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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