Heart Pumps Market

By Product;

Intra-Aortic Balloon Pumps, Ventricular Assist Devices-[ Left Ventricle Assist Devices (LVAD), Right Ventricle Assist Devices (RVAD), Biventricular Assist Devices (BVAD) and Others] and Total Artificial Heart

By Flow Regime;

Centrifugal Flow Pump (CFP), Axial Flow Pump (AFP) and Mixed Flow Pump (MFP)

By Therapy;

Bridge-To-Candidacy (BTC) and Bridge-To-Transplant (BTT)

By End User;

Hospitals and Ambulatory Surgical Centers

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn134460079 Published Date: August, 2025 Updated Date: September, 2025

Heart Pumps Overview

Heart Pumps Market (USD Million)

Heart Pumps Market was valued at USD 3,243.38 million In the year 2024. The size of this market is expected to increase to USD 11,089.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 19.2%.


Heart Pumps Market

*Market size in USD million

CAGR 19.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)19.2 %
Market Size (2024)USD 3,243.38 Million
Market Size (2031)USD 11,089.99 Million
Market ConcentrationLow
Report Pages302
3,243.38
2024
11,089.99
2031

Major Players

  • Abbott Laboratories
  • Medtronic plc
  • Abiomed, Inc.
  • Berlin Heart GmbH
  • Terumo Corporation
  • SynCardia Systems, LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Heart Pumps Market

Fragmented - Highly competitive market without dominant players


The Heart Pumps Market is witnessing strong growth as the demand for advanced cardiovascular support solutions continues to rise. With the increasing prevalence of chronic heart conditions, the adoption of mechanical circulatory devices has surged. Currently, almost 55% of patients with severe cardiac complications depend on heart pumps to sustain or replace natural heart function, positioning these devices as vital components in modern medical care.

Technological innovations driving progress
Ongoing advancements in device design are shaping the evolution of heart pump systems, offering greater efficiency, reliability, and patient comfort. The introduction of miniaturized pumps, enhanced wearable systems, and biocompatible materials is at the forefront of innovation, with nearly 40% of new product developments emphasizing these features. These breakthroughs are enhancing long-term performance while delivering improved outcomes for patients with advanced cardiovascular disease.

Rising demand for mechanical support systems
The shift toward mechanical circulatory support is a defining trend in this market, particularly for patients facing end-stage heart failure. More than 60% of individuals with severe cardiac dysfunction are now receiving some form of heart pump assistance as an integral part of their treatment. This growing reliance stems from the limitations of traditional drug therapies and transplantation, making heart pumps indispensable in ensuring both survival and better quality of life.

Strategic collaborations shaping growth
The market’s expansion is further strengthened by increasing collaborations, mergers, and partnerships across healthcare organizations and device manufacturers. Close to 35% of recent industry agreements are linked to the development and integration of heart pump technologies. These collaborations are accelerating innovation, expanding patient access, and creating a supportive ecosystem for advanced cardiovascular therapies.

Future outlook and sustained expansion
The future outlook for the heart pumps market remains promising, driven by clinical research investments and breakthrough technologies. Nearly 45% of upcoming innovations in cardiovascular healthcare are tied to heart pump systems, underscoring their long-term growth trajectory. As healthcare providers focus on cutting-edge treatment strategies, the heart pumps market is set for continued expansion and a pivotal role in shaping the future of cardiac care.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Flow Regime
    3. Market Snapshot, By Therapy
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Heart Pumps Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Aging Population Demands
        3. Rising Heart Diseases
        4. Increased Awareness Programs
        5. Improving Healthcare Infrastructure
      2. Restraints
        1. High Cost Factors
        2. Regulatory Hurdles
        3. Limited Availability of Skilled Professionals
        4. Device Compatibility Issues
        5. Risk of Infection
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Miniaturization of Devices
        3. Customization of Products
        4. Adoption of Remote Monitoring
        5. Collaborations with Healthcare Providers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Heart Pumps Market, By Product, 2021 - 2031 (USD Million)
      1. Intra-Aortic Balloon Pumps
      2. Ventricular Assist Devices
        1. Left Ventricle Assist Devices (LVAD)
        2. Right Ventricle Assist Devices (RVAD)
        3. Biventricular Assist Devices (BVAD)
        4. Others
      3. Total Artificial Heart
    2. Heart Pumps Market, By Flow Regime, 2021 - 2031 (USD Million)
      1. Centrifugal Flow Pump (CFP)
      2. Axial Flow Pump (AFP)
      3. Mixed Flow Pump (MFP)
    3. Heart Pumps Market, By Therapy, 2021 - 2031 (USD Million)
      1. Bridge-To-Candidacy (BTC)
      2. Bridge-To-Transplant (BTT)
    4. Heart Pumps Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
    5. Heart Pumps Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Medtronic plc
      3. Abiomed, Inc.
      4. Berlin Heart GmbH
      5. Terumo Corporation
      6. SynCardia Systems, LLC
  7. Analyst Views
  8. Future Outlook of the Market