Heart Pump Device Market Size To Reach $6.39 Billion By 2030

Heart Pump Device Market Growth & Trends

The global heart pump device market size is estimated to reach USD 6.39 billion by 2030, expanding at a CAGR of 13.6 % from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing prevalence of coronary artery disease, ischemic heart disease, and other CVD diseases is anticipated to boost the demand for heart pump devices. For instance, according to data published by British Heart Foundation, in 2022, about 7.6 million individuals in the UK live with heart disease, and each year, around 160,000 people die from CVD and other heart-related conditions in the UK. Moreover, according to WHO data in 2020, coronary heart disease caused 163,905 deaths in Japan, with 121,823 or 11.03% of total deaths were caused due to stroke.

Furthermore, the market is anticipated to grow by increasing support and awareness initiatives for disease awareness. For instance, in January 2022, The School of Medical Research and Technology at IIT Kanpur launched Hridyantra, a challenge-based program. Its objective is to create an advanced artificial heart called a Left Ventricular Assist Device (LVAD) for patients with end-stage heart failure (HF). Hridyantra aims to improve the available treatment options for HF patients. This program is expected to significantly improve the treatment options available for patients with HF, thereby driving market growth.

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Heart Pump Device Market Report Highlights

• Based on type, the implanted heart pump devices segment accounted for the largest revenue share of 69.1% of the market in 2024, due to their ability to assist with pumping blood and serve as a bridge to transplantation or a permanent therapy option for HF patients.

• Based on product, ventricular assist devices (VADs) held the largest market share of 68.5 % in 2024. It is estimated to register the fastest CAGR of 14.8% during the forecast period; owing to the increasing prevalence of HF worldwide, the demand for VADs is anticipated to grow rapidly over the forecast period.

• Based on end-use, the hospital segment dominated the market in 2024, attributed to the high number of surgeries performed in hospitals.

• North America is expected to dominate the market with over 52.59% revenue share in 2024 due to the high prevalence of heart failure, growing aging population, and robust healthcare system.

Heart Pump Device Market Segmentation

Grand View Research has segmented the heart pump device market based on type, product, end use, and region:

Heart Pump Device Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Implanted Heart Pump Devices

• Extracorporeal Heart Pump Devices

Heart Pump Device Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Ventricular Assist Devices (VADs)

  • Left Ventricular Assist Devices (LVADs)

  • Right Ventricular Assist Devices (RVADs)

  • BiVAD Ventricular Assist Devices (BiVADs)

  • Percutaneous Ventricular Assist Devices (PVADs)

• Intra-Aortic Balloon Pumps (IABPs)

• Extracorporeal Membrane Oxygenation (ECMO)

Heart Pump Device End Use Outlook (Revenue, USD Billion, 2018 – 2030)

• Hospitals

• Cardiac Centers

• Research Institute

Heart Pump Device Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • Saudi Arabia

  • South Africa

  • UAE

  • Kuwait

List of Key Players in Heart Pump Device Market

• Abbott

• ABIOMED (Johnson & Johnson Services, Inc.)

• Getinge

• LivaNova PLC

• Berlin Heart

• Picard Medical, Inc. (SynCardia Systems, LLC)

• Jarvik Heart, Inc.

• BiVACOR Inc.

• Leviticus Cardio

• Teleflex Incorporated.