Artificial Heart Market: By Type (Mechanical Heart, Heart-lung Machines, Ventricular Assisted Devices), By Purpose (Permanent Artificial Heart & Temporary Artificial Heart), By Energy (Pneumatically Powered & Electrically Powered) and Geography  

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Artificial Heart Market size was valued at 2.82 billion in 2022 and is poised to grow at a CAGR of 15.3% from 2023 to 2029. Limited availability of donors, on spot availability of fresh organs had limited the rate of orthotropic heart transplantations. High chances of non-suitability of available organs due to blood groups, age and high risk of transplantation due to high pulmonary vascular resistance of patients leads in increasing number of patients for organs than with donors which leads to high increase in demand for artificial heart devices. Although high cost procedures, stringent regulatory scenarios are restraining the market in some cases. Global artificial heart market is surging owing to frequent acquisitions and launchings by the market players. For instance, In August 2019 researchers at The University of Birmingham have developed a device that could improve care for patients with artificial heart pumps. Also non-blood contacting devices are developing which will enhance the market.

Artificial Heart Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

15.3%

Largest Market

North America

Fastest Growing Market

North America
Artificial Heart Market Dynamics

These devices are used mostly in cases of advanced cardiovascular disease patients in whom their biological heart is damaged either partially or completely and is in non-favorable condition for orthotropic heart transplantation. These are most prominently using in acute biventricular dysfunction where one ventricle of heart is replaced by prosthetic heart. Also widely spreading in allograft coronary diseases. These devices are highly efficient and they do not possess any side effects or incompatibilities with the patient body.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Artificial Heart Market Segmentation

By Type
  • Mechanical heart (complete transplantation devices)
  • Heart-lung machine
  • Ventricular assisted devices (VAD’s)
  • Left ventricular assisted devices
  • Right ventricular assisted devices
By Purpose
  • permanently replacing artificial hearts
  • temporary replacement artificial hearts
By Energy
  • pneumatically powered devices (compressed air)
  • Electrically powered devices (batteries)
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

Growing Burden of Cardiovascular Diseases

The artificial heart market size was valued at USD 7.63 billion in 2022

North America is the fastest-growing for artificial heart market

1. Executive Summary
2. Global Artificial Heart Market Introduction
2.1. Global Artificial Heart Market Taxonomy
2.2. Global Artificial Heart Market Definitions
2.2.1. By Type
2.2.2. By End User
2.2.3. By Region
3. Global Artificial Heart Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Artificial Heart Market Dynamic Factors - Impact Analysis
3.6. Global Artificial Heart Market Competition Landscape
4. Global Artificial Heart Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Artificial Heart Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
5.1. Heart-Lung Machine
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Mechanical Heart
5.2.1. Total Artificial Hearts
5.2.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.1.3. Market Opportunity Analysis
5.2.2. Ventricular Assist Devices (VADs)
5.2.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.2.3. Market Opportunity Analysis
6. Global Artificial Heart Market, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
6.1. Hospitals & Clinics
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Specialty Centers
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Others
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Artificial Heart Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Artificial Heart Market - Opportunity Analysis Index, By Type, End User, and Region, 2023 - 2029
8. North America Artificial Heart Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
8.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Heart-Lung Machine
8.1.2. Mechanical Heart
8.1.2.1. Total Artificial Hearts
8.1.2.2. Ventricular Assist Devices (VADs)
8.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Hospitals & Clinics
8.2.2. Specialty Centers
8.2.3. Others
8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Artificial Heart Market - Opportunity Analysis Index, By Type, End User, and Country, 2023 - 2029
8.5. North America Artificial Heart Market Dynamics Trends
9. Europe Artificial Heart Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Heart-Lung Machine
9.1.2. Mechanical Heart
9.1.2.1. Total Artificial Hearts
9.1.2.2. Ventricular Assist Devices (VADs)
9.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Hospitals & Clinics
9.2.2. Specialty Centers
9.2.3. Others
9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Rest of Europe
9.4. Europe Artificial Heart Market - Opportunity Analysis Index, By Type, End User, and Country, 2023 - 2029
9.5. Europe Artificial Heart Market Dynamics Trends
10. Asia-Pacific Artificial Heart Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
10.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Heart-Lung Machine
10.1.2. Mechanical Heart
10.1.2.1. Total Artificial Hearts
10.1.2.2. Ventricular Assist Devices (VADs)
10.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Hospitals & Clinics
10.2.2. Specialty Centers
10.2.3. Others
10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Artificial Heart Market - Opportunity Analysis Index, By Type, End User, and Country, 2023 - 2029
10.5. Asia-Pacific Artificial Heart Market Dynamics Trends
11. Latin America Artificial Heart Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
11.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Heart-Lung Machine
11.1.2. Mechanical Heart
11.1.2.1. Total Artificial Hearts
11.1.2.2. Ventricular Assist Devices (VADs)
11.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Hospitals & Clinics
11.2.2. Specialty Centers
11.2.3. Others
11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Artificial Heart Market - Opportunity Analysis Index, By Type, End User, and Country, 2023 - 2029
11.5. Latin America Artificial Heart Market Dynamics Trends
12. Middle East and Africa Artificial Heart Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
12.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Heart-Lung Machine
12.1.2. Mechanical Heart
12.1.2.1. Total Artificial Hearts
12.1.2.2. Ventricular Assist Devices (VADs)
12.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Hospitals & Clinics
12.2.2. Specialty Centers
12.2.3. Others
12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Artificial Heart Market - Opportunity Analysis Index, By Type, End User, and Country, 2023 - 2029
12.5. MEA Artificial Heart Market Dynamics Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Type Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Thoratec Corporation
13.2.2. SynCardia Systems LLC
13.2.3. Edwards Lifesciences Corporation
13.2.4. CryoLife Inc.
13.2.5. Cleveland Heart Inc.
13.2.6. CARMAT,
13.2.7. BiVACOR Inc.
13.2.8. ABIOMED
13.2.9. Abbott
14. Research Methodology
15. Key Assumptions and Acronyms
  • Abbott Laboratories
  • ABIOMED
  • Berlin heart
  • BIVACOR Inc.
  • CARMAT
  • Cleveland Heart Inc.
  • CRYO life Inc.
  • JARVIK Heart Inc.
  • LIVA-NOVA PLC
  • MYLVAD
  • ON-X LIFE TECHNOLOGIES
  • RELAINT Heart Inc.
  • SYNCARDIA systems
  • Thoratec corporation