Heart Pump Device Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Heart Pump Device Market is segmented By Product (Resting ECG Systems, Stress ECG Systems, Holter Monitors, Cardiopulmonary Stress Testing Systems), B....

Heart Pump Device Market Size

Market Size in USD

CAGR15.6%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR15.6%
Market ConcentrationHigh
Major PlayersAbbott Laboratories, Medtronic, Johnson & Johnson Services, Inc., SynCardia Systems, LLC, Terumo Corporation
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Heart Pump Device Market Analysis

The heart pump device market is estimated to be valued at USD 2.74 Bn in 2024 and is expected to reach USD 7.56 Bn by 2031, growing at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031. The heart pump device market is expected to be driven by factors such as the rising geriatric population, growing prevalence of cardiovascular diseases, and technological advancements in heart pump devices in the coming years.