France Ventricular Assist Device Market Size & Outlook
France ventricular assist device market, 2018-2028 (US$M)
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France ventricular assist device market highlights
- The France ventricular assist device market generated a revenue of USD 74.7 million in 2021 and is expected to reach USD 227.8 million by 2028.
- The France market is expected to grow at a CAGR of 17.3% from 2022 to 2028.
- In terms of segment, left ventricular assist devices was the largest revenue generating product in 2021.
- Total Artificial Heart (TAH) is the most lucrative product segment registering the fastest growth during the forecast period.
Ventricular assist device market data book summary
| Market revenue in 2021 | USD 74.7 million |
| Market revenue in 2028 | USD 227.8 million |
| Growth rate | 17.3% (CAGR from 2021 to 2028) |
| Largest segment | Left ventricular assist devices |
| Fastest growing segment | Total Artificial Heart (TAH) |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Left ventricular assist devices, Right ventricular assist devices, Bi-ventricular assist devices, Total Artificial Heart (TAH) |
| Key market players worldwide | Johnson & Johnson, Medtronic PLC, Abbott Laboratories, Cardio Diagnostics Holdings Inc |
Other key industry trends
- In terms of revenue, France accounted for 3.1% of the global ventricular assist device market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany ventricular assist device market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 208.9 million by 2028.
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Ventricular Assist Device Market Scope
Ventricular Assist Device Market Companies
| Name | Profile | # Employees | HQ | Website |
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France ventricular assist device 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 ventricular assist device market will help companies and investors design strategic landscapes.
Left ventricular assist devices was the largest segment with a revenue share of 80.59% in 2021. Horizon Databook has segmented the France ventricular assist device market based on left ventricular assist devices, right ventricular assist devices, bi-ventricular assist devices, total artificial heart (tah) covering the revenue growth of each sub-segment from 2018 to 2028.
According to WHO report 2017, burden of various heart diseases such as strokes, coronary heart diseases, and ischemic heart attacks in France is high. For instance, about 3.9 million deaths were reported in 2017 and about 1.8 million deaths were recorded in EU due to high prevalence of CVDs.
Moreover, according to Stroke Alliance for Europe, the prevalence of stroke have reached to 366,129 in France and about 57,174 cases were registered in the past years. In addition, as per Tobacco Atlas, every year about 73,500 people are affected by numerous heart diseases due to high consumption of tobacco and alcohol.
These aforementioned factors have boosted the adoption of VADs thereby, aiding market growth. Furthermore, increasing number of collaborations between government bodies and major players to provide solutions for increasing heart diseases is expected to propel the market growth over the forecast period.
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Our clientele includes a mix of ventricular assist device 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 country-level data and insights on the France ventricular assist device market , including forecasts for subscribers. This country databook contains high-level insights into France ventricular assist device market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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France ventricular assist device market size, by product, 2018-2028 (US$M)
France Ventricular Assist Device Market Outlook Share, 2021 & 2028 (US$M)
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