Cardiac Assist Devices – Market Insights – United States
The COVID-19 pandemic negatively impacted the US cardiac assist market in 2020, resulting in a slight contraction of the procedure volumes. Subsequently, in conjunction with a short-term recovery from the pandemic, the market will exhibit moderate growth through 2031, driven by expanded use of cardiac assist devices in a wider range of patient population, with most segments recovered to pre-pandemic levels by 2022.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for cardiac assist devices in the US from 2019 through 2031.
The US cardiac assist device market has been negatively affected by the COVID-19 crisis.
What were the impacts of the COVID-19 pandemic on the cardiac assist device market?
Which market segments were the most/least impacted in 2020, and why?
How quickly is the recovery from the pandemic happening?
How have companies responded to the obstacles presented by the pandemic?
How will the recovery from the pandemic play out along with the growth/decline of each segment?
The VAD market will be the strongest driver of growth in the overall cardiac assist device market.
Which type of VAD—durable or temporary—will generate the most revenues throughout the forecast period?
What are the drivers for growth within the VAD market as a whole, and how do these drivers differ based on VAD durability?
What impact will new technologies in the durable VAD market have throughout the forecast period?
What impact will new competitors in the temporary VAD market have throughout the forecast period?
How will product recalls and safety issues identified in durable VAD and IABP devices affect the market?
How will the adoption of temporary VADs affect the IABP market throughout the forecast period?
The TAH market will see the strongest growth through 2031.
How will the technical advancements and increased competition affect the TAH and remote hemodynamic monitoring system market throughout the forecast period?
Table of contents
- Cardiac Assist Devices - Market Insights - United States
- Abstract
- Executive Summary
- COVID-19 Updates
- Market Highlights
- Cardiac Assist Device Market, by Product Type, US (USD), 2019u20132031
- Cardiac Assist Device Market Landscape, US (USD), 2021 and 2031
- Competitive Highlights
- Cardiac Assist Device Revenue Market Share Rankings, by Product Type, US, 2021
- Competitive Insights
- Companies Mentioned
- Market Developments
- Recent Events in the Cardiac Assist Device Market, US
- Key Clinical Trials in the Cardiac Assist Market, US
- Emerging Products for the Cardiac Assist Device Market, US
- Procedures Covered
- Cardiac Assist Device Procedures Covered, US
- Products Covered
- Cardiac Assist Devices Covered, US
- COVID-19 Updates
- Key Report Updates
- COVID-19 Analysis
- Market Impact
- COVID-19 Impact Assessment Summary, Cardiac Assist Device Market, US
- Major Market Forecast Changes and Assumptions
- Cardiac Assist Device Market, by Product Type, US (USD), 2019u20132031 (Excluding COVID-19 Impact)
- Cardiac Assist Device Market, by Product Type, US (USD), 2019u20132031 (Including COVID-19 Impact)
- Competitive Impact
- COVID-19 Competitive Factors and Strategies, Cardiac Assist Device Market, US
- COVID-19 Financial Impact and Competitor Insights
- Market Impact
- Cardiac Assist Device Market
- Market Highlights
- Key Content Updates
- US Cardiac Assist Device Market Drivers
- US Cardiac Assist Device Market Limiters
- Cardiac Assist Device Market, by Product Type, US (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- Cardiac Assist Device Procedures, by Product Type, US, 2019u20132031
- Cardiac Assist Device Market, by Product Type, US (USD), 2019u20132031
- Market Shares
- Cardiac Assist Device Revenue Market Shares, US, 2021
- Cardiac Assist Device Revenue Market Shares, by Product Type, US, 2021
- Competitive Insights
- Abiomed Competitive Insights
- Abbott Laboratories Competitive Insights
- Getinge Group Competitive Insights
- Competitive Insights for Other Key Competitors
- Market Developments
- Recent Events in the Cardiac Assist Device Market, US
- Key Clinical Trials in the Cardiac Assist Market, US
- Emerging Products for the Cardiac Assist Device Market, US
- Market Highlights
- Ventricular Assist Device Market
- Market Highlights
- Key Content Updates
- US Ventricular Assist Device Market Drivers
- US Ventricular Assist Device Market Limiters
- VAD Market, by Durability, US (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- VAD Procedures, by Durability, US, 2019u20132031
- VAD Market, by Durability, US (USD), 2019u20132031
- VAD Market Growth, by Durability, US, 2020u20132031
- Temporary VAD Procedures, by Technique, US, 2019u20132031
- Temporary VAD Market, by Technique, US (USD), 2019u20132031
- Temporary VAD Market Growth, by Technique, US, 2020u20132031
- Market Shares
- VAD Revenue Market Shares, US, 2021
- VAD Revenue Market Shares, by Durability, US, 2021
- Competitive Insights
- Market Highlights
- Intra-Aortic Balloon Pump System Market
- Market Highlights
- Key Content Updates
- US Intra-Aortic Balloon Pump System Market Drivers
- US Intra-Aortic Balloon Pump System Market Limiters
- IABP System Market, by Component, US (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- IABP Procedures, US, 2019u20132031
- IABP System Capital Equipment Installed Base, US, 2019u20132031
- IABP System Market, by Component, US (USD), 2019u20132031
- IABP System Market Growth, by Component, US, 2020u20132031
- Market Shares
- IABP System Revenue Market Shares, US, 2021
- IABP System Revenue Market Shares, US, 2021
- Competitive Insights
- Market Highlights
- Total Artificial Heart Market
- Market Highlights
- Key Content Updates
- US Total Artificial Heart Market Drivers
- US Total Artificial Heart Market Limiters
- TAH Market, US (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- TAH Market, US (USD), 2019u20132031
- Market Shares
- TAH Revenue Market Shares, US, 2021
- Competitive Insights
- Market Highlights
- Remote Hemodynamic Monitoring System Market
- Market Highlights
- Key Content Updates
- US Remote Hemodynamic Monitoring System Market Drivers
- US Remote Hemodynamic Monitoring System Market Limiters
- Remote Hemodynamic Monitoring Market, US (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- Remote Hemodynamic Monitoring System Market, US (USD), 2019u20132031
- Market Shares
- Remote Hemodynamic Monitoring System Market Shares, US, 2021
- Competitive Insights
- Market Highlights
- Appendix
- Abbreviations
- Bibliography
- Abbreviations
Zsuzsa Lindenmaier is an analyst on the Cardiovascular Medtech Insights team at Clarivate. Zsuzsa holds a Bachelor’s of Science in Neuroscience from the University of Florida and is a PhD candidate in the Department of Medical Biophysics at the University of Toronto.