Ventricular Assist Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Ventricular Assist Devices Market Report is Segments by Product Type (Left Ventricular Assist Device (LVAD), Right Ventricular Assist Device (RVAD) and More), Design (Implantable VAD, Transcutaneous/External VAD and More), Application/ Therapy (Bridge-To-Transplant (BTT), Destination Therapy, and More), and Geography (North America, Europe and More). The Market Forecasts are Provided in Terms of Value (USD).

Ventricular Assist Device Market Size and Share

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Ventricular Assist Device Market Analysis by Mordor Intelligence

The Ventricular Assist Devices market is valued at USD 1.73 billion in 2025 and is forecast to reach USD 2.61 billion by 2030, advancing at an 8.53% CAGR over the period. Demand grows as ageing populations swell the pool of advanced-heart-failure patients and technological progress raises the clinical ceiling for mechanical circulatory support.[1]Heart Failure Society of America, “HF Stats 2024: Heart Failure Epidemiology and Outcomes Statistics,” hfsa.org Device makers are moving beyond bridge-to-transplant use cases, widening the total addressable Ventricular Assist Devices market through permanent support indications and fully implantable designs. Real-world data from large registries such as INTERMACS is driving evidence-based refinements in patient selection, while reimbursement expansions in key regions strengthen provider confidence. Simultaneously, new magnetic-levitation pumps and wireless power platforms lower adverse-event rates, reinforcing their role as long-term cardiac replacements.

Key Report Takeaways

  • By product type, Left Ventricular Assist Devices led with 73.24% revenue share in 2024 while expanding at a 9.24% CAGR through 2030. 
  • By design, Implantable systems held 81.12% of Ventricular Assist Devices market share in 2024, whereas Percutaneous micro-axial pumps post a 12.04% CAGR to 2030. 
  • By therapy, Bridge-to-Transplant accounted for 49.46% of Ventricular Assist Devices market size in 2024, yet Destination Therapy is set to grow at 11.41% CAGR to 2030. 
  • By geography, North America captured 42.68% of revenues in 2024; Asia-Pacific registers the fastest 10.56% CAGR through 2030.

Segment Analysis

By Product Type: LVAD Dominance Drives Innovation

Left Ventricular Assist Devices command 73.24% of 2024 revenues, the largest slice of the Ventricular Assist Devices market. Their 9.24% CAGR to 2030 reflects broad clinical eligibility and strong data on long-term survival. The Ventricular Assist Devices market size for LVADs is forecast to expand steadily as magnetic levitation platforms reduce thrombosis and pump stoppage rates. LVAD innovation now centres on wireless power and miniature control units, features that will narrow the gap with total artificial hearts.

Right Ventricular Assist Devices fill niche needs in isolated right-side failure, and Biventricular systems address complex bi-ventricle dysfunction, while total artificial hearts such as Aeson progress in pilot roll-outs. Clinical evidence highlights a 14-year support record for a single LVAD recipient, underscoring the destination-therapy potential of new models.

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Note: Segment shares of all individual segments available upon report purchase

By Design: Percutaneous Innovation Challenges Implantable Dominance

Implantable pumps hold 81.12% revenue share today and remain the backbone of durable support. The category’s grip on the Ventricular Assist Devices market will hold through 2030, but percutaneous micro-axial devices are growing 12.04% per annum, buoyed by minimally invasive procedures that fit cath-lab workflows. The Impella 5.5 now offers 70-day bridge-to-transplant support, a capability once reserved for fully implantable systems.

The Ventricular Assist Devices market size tied to percutaneous platforms is climbing as hospitals adopt them for high-risk PCI, cardiogenic shock, and bridge-to-decision cases. Wireless charging prototypes point to a convergence where external and implantable categories blur, creating a spectrum rather than a split.

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Note: Segment shares of all individual segments available upon report purchase

By Application/Therapy: Destination Therapy Accelerates Clinical Adoption

Bridge-to-Transplant remains the largest therapy class at 49.46% share, supported by decades of surgical and reimbursement infrastructure. Yet Destination Therapy posts the fastest 11.41% CAGR, and is projected to capture a growing proportion of Ventricular Assist Devices market share by 2030 as younger cohorts prove survivorship parity with transplant recipients.

Surgeons are embracing early referral for Destination Therapy, integrating palliative services to manage the lifelong nature of support. Bridge-to-Recovery and Bridge-to-Decision spheres are small but clinically significant, especially in myocardial recovery settings for younger patients.

Geography Analysis

North America holds 42.68% of 2024 sales, reflecting robust Medicare coverage, centre-of-excellence networks, and a rich innovation pipeline. Registry data and outcome transparency continue to boost clinician confidence. The region is the primary launch ground for new platforms granted FDA breakthrough designation, enhancing first-mover revenues.

Europe presents steady uptake, leveraging harmonised regulatory frameworks and established heart-failure networks. Adoption is tempered by slower reimbursement updates and occasional device lag, yet the region is home to landmark innovations like the Aeson total artificial heart and strong academic-industry partnerships.

Asia-Pacific is the fastest growing at a 10.56% CAGR. Urbanising economies and rising cardiovascular risk deepen unmet need, while policy reforms widen device reimbursement. However, limited trained personnel and cost constraints slow penetration in secondary cities, making training programmes and public–private financing critical.

Geography growth
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Competitive Landscape

The Ventricular Assist Devices market shows moderate concentration: Abbott, Medtronic, and Johnson & Johnson capture roughly 60% of global revenue. Abbott leads with its magnetically levitated HeartMate 3 platform, which secured approval to remove aspirin from standard therapy, reducing bleeding complications by 40%. Medtronic leverages catheter-based Impella pumps to dominate percutaneous support, while Johnson & Johnson’s acquisition of V-Wave underscores its strategy to broaden the heart-failure toolkit.

Emerging challengers such as CARMAT and BiVACOR are advancing total artificial hearts with wireless energy transmission. ReliantHeart is developing cable-free LVADs that promise lower infection risk. Pediatric-device white space remains large, inviting niche entrants pursuing smaller pump profiles.

Patent activity clusters around magnetic bearing enhancements, biocompatible surfaces, and remote monitoring. Regulatory science programmes at the FDA seek to standardise hemocompatibility testing and durability metrics, signalling a maturing oversight ecosystem that balances safety with innovation.

Ventricular Assist Device Industry Leaders

  1. Medtronic PLC

  2. Abbott Laboratories

  3. Berlin Heart GmbH

  4. SynCardia Systems LLC

  5. Johnson and Johnson (Abiomed)

  6. *Disclaimer: Major Players sorted in no particular order
Ventricular Assist Device Market Concentration
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Recent Industry Developments

  • June 2025: FDA granted breakthrough status to BiVACOR’s totally implantable artificial heart, accelerating U.S. trial timelines.
  • April 2025: CARMAT received conditional FDA approval for the second cohort of its Aeson artificial heart feasibility study.
  • March 2025: Cadrenal Therapeutics and Abbott launched the TECH-LVAD trial assessing tecarfarin anticoagulation in HeartMate 3 recipients.
  • February 2025: Abbott secured CE Mark for the AVEIR DR dual-chamber leadless pacemaker, expanding its heart-failure device suite.

Table of Contents for Ventricular Assist Device Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing Burden Of Cardiac Diseases & Heart Failure
    • 4.2.2 Technological Advances
    • 4.2.3 Expanding Destination-Therapy Amid Organ Donor Shortage
    • 4.2.4 Rising Aging Population and Healthcare Spending
    • 4.2.5 Increased Clinical Trials and New Device Approval
    • 4.2.6 Rising Awareness and Adoption of Minimally Invasive and Percutaneous VADs
  • 4.3 Market Restraints
    • 4.3.1 High Device & Procedure Costs
    • 4.3.2 Device-Related Complications Coupled with Product Recall
    • 4.3.3 Availability of Alternatives and Evolving Heart Therapies
    • 4.3.4 Shortage Of Trained LVAD Coordinators In Emerging Markets
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technology Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size and Growth Forecasts (Value-USD)

  • 5.1 By Product Type
    • 5.1.1 Left Ventricular Assist Device (LVAD)
    • 5.1.2 Right Ventricular Assist Device (RVAD)
    • 5.1.3 Biventricular Assist Device (BIVAD)
    • 5.1.4 Total Artificial Heart (TAH)
  • 5.2 By Design
    • 5.2.1 Implantable VAD
    • 5.2.2 Transcutaneous / External VAD
    • 5.2.3 Percutaneous Micro-axial VAD
  • 5.3 By Application / Therapy
    • 5.3.1 Bridge-to-Transplant (BTT)
    • 5.3.2 Destination Therapy (DT)
    • 5.3.3 Bridge-to-Recovery (BTR)
    • 5.3.4 Bridge-to-Decision
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.3.1 Abbott Laboratories
    • 6.3.2 Medtronic plc
    • 6.3.3 Johnson and Johnson (Abiomed)
    • 6.3.4 Berlin Heart GmbH
    • 6.3.5 SynCardia Systems LLC
    • 6.3.6 Jarvik Heart Inc.
    • 6.3.7 BiVACOR Inc.
    • 6.3.8 Calon Cardio-Technology Ltd.
    • 6.3.9 CARMAT
    • 6.3.10 ReliantHeart Inc.
    • 6.3.11 Evaheart Inc.
    • 6.3.12 Supira Medical
    • 6.3.13 CardioBridge GmbH
    • 6.3.14 Lepu Medical Technology
    • 6.3.15 CH Biomedical Inc.
    • 6.3.16 Corwave
    • 6.3.17 Windmill Cardiovascular Systems
    • 6.3.18 VentureMed Group
    • 6.3.19 Sun Medical Technology Research Corp.

7. Market Opportunities and Future Outlook

  • 7.1 White-Space and Unmet-Need Assessment
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Global Ventricular Assist Device Market Report Scope

As per the scope, ventricular assist devices (VAD) are highly important for patients with weakened hearts or heart failures. They are used to temporarily maintain the heart function, until the heart recovers, or before the heart transplant. In some chronic heart conditions, they are used as permanent support therapy, as they are mechanical pumps that are surgically implanted in the heart to pump blood into the whole body. The Ventricular Assist Device Market is segmented by Type of Ventricular Device (Left Ventricular Assist Device (LVAD), Right Ventricular Assist Device (RVAD), Biventricular Assist Device (BIVAD)), Application (Bridge-to-transplant (BTT) therapy, Destination therapy, and Other Therapies), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.

By Product Type Left Ventricular Assist Device (LVAD)
Right Ventricular Assist Device (RVAD)
Biventricular Assist Device (BIVAD)
Total Artificial Heart (TAH)
By Design Implantable VAD
Transcutaneous / External VAD
Percutaneous Micro-axial VAD
By Application / Therapy Bridge-to-Transplant (BTT)
Destination Therapy (DT)
Bridge-to-Recovery (BTR)
Bridge-to-Decision
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Product Type
Left Ventricular Assist Device (LVAD)
Right Ventricular Assist Device (RVAD)
Biventricular Assist Device (BIVAD)
Total Artificial Heart (TAH)
By Design
Implantable VAD
Transcutaneous / External VAD
Percutaneous Micro-axial VAD
By Application / Therapy
Bridge-to-Transplant (BTT)
Destination Therapy (DT)
Bridge-to-Recovery (BTR)
Bridge-to-Decision
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

1. What is the current size of the Ventricular Assist Devices market?

The market stands at USD 1.73 billion in 2025 and is on track to reach USD 2.61 billion by 2030.

2. Which product type leads the Ventricular Assist Devices market?

Left Ventricular Assist Devices hold 73.24% of 2024 revenues and remain the fastest growing segment.

3. How fast is the Asia-Pacific Ventricular Assist Devices market growing?

Asia-Pacific posts the quickest regional CAGR at 10.56% through 2030.

4. Why is destination therapy gaining traction in the Ventricular Assist Devices market?

Improved pump durability and transplant-comparable survival in younger patients support permanent therapy adoption.

5. What are the main obstacles to wider Ventricular Assist Devices adoption?

High upfront costs, device-related complications, and limited specialist personnel in emerging regions slow uptake.

Ventricular Assist Device Market Report Snapshots

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