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), By Type (Single Lead, 3-6 Lead, 12-Lead), By Modality Type (Portable, Stationary, Wearables), By End Users (Hospitals, Home-based Users, Ambulatory Surgical Centers, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned.
Heart Pump Device Market Size
Market Size in USD
CAGR15.6%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 15.6% |
| Market Concentration | High |
| Major Players | Abbott Laboratories, Medtronic, Johnson & Johnson Services, Inc., SynCardia Systems, LLC, Terumo Corporation |
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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.