Global Artificial Hearts Market Size & Outlook, 2023-2030
Global artificial hearts market, 2018-2030 (US$M)
Related Markets
Global artificial hearts market highlights
- The global artificial hearts market generated a revenue of USD 2,840.6 million in 2023 and is expected to reach USD 5,947.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.1% by 2030.
- In terms of segment, lvads accounted for a revenue of USD 2,198.8 million in 2023.
- Total Artificial Heart is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,840.6 million |
| Market revenue in 2030 | USD 5,947.4 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Lvads |
| Fastest growing segment | Total Artificial Heart |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LVADs, Heart-lung Machine, Total Artificial Heart |
Other key industry trends
- In terms of revenue, the North America accounted for 64.1% of the global artificial hearts market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 6.5 million by 2030.
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Artificial Hearts Market Scope
Artificial Hearts Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global artificial hearts market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial hearts market will help companies and investors design strategic landscapes.
Lvads was the largest segment with a revenue share of 77.41% in 2023. Horizon Databook has segmented the Global artificial hearts market based on lvads, heart-lung machine, total artificial heart covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Artificial Hearts Product Outlook (Revenue, USD Million, 2018-2030)
- LVADs
- Heart-lung Machine
- Total Artificial Heart
- Global Artificial Hearts Therapy Outlook (Revenue, USD Million, 2018-2030)
- Bridge to transplant
- Destination therapy
- Bridge to decision
- Others
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Target buyers of Global artificial hearts market databook
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Our clientele includes a mix of artificial hearts market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial hearts market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial hearts market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global artificial hearts market size, by regions, 2018-2030 (US$M)
Top 10 countries: Artificial hearts market size, 2023 (US$M)
Global artificial hearts market share, by product, 2023 & 2030 (%, US$M)
Artificial hearts market: Opportunity assessment by country
Global artificial hearts market, by region, 2023 (US$M)
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