percutaneous mechanical circulatory support devices market trends, percutaneous mechanical circulatory support devices market drivers, percutaneous mechanical circulatory support devices market forecast, percutaneous mechanical circulatory support devices market growth, percutaneous mechanical circulatory support devices market insights, percutaneous mechanical circulatory support devices market demand
What are the latest figures on the percutaneous mechanical circulatory support devices market’s size and projected CAGR?
The percutaneous mechanical circulatory support devices market size has grown rapidly in recent years. It will grow from $2.26 billion in 2024 to $2.48 billion in 2025 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to increasing incidence of cardiovascular diseases, increasing geriatric population, increasing incidence of heart attacks, increasing awareness and screening programs, and increased demand for heart pump devices.
The percutaneous mechanical circulatory support devices market size is expected to see strong growth in the next few years. It will grow to $3.60 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to rising demand for long-term mechanical circulatory support, rising healthcare expenditure, rising diabetic and obese populations, growing demand for heart transplants, and rising acceptance of percutaneous procedures. Major trends in the forecast period include advances in pump technology, advancements in medical technology, cardiac support technologies, minimally invasive medical technologies, and developing biocompatible materials.
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Which Market drivers have played a significant role in driving the percutaneous mechanical circulatory support devices market?
The increasing incidence of cardiovascular diseases is expected to propel the growth of the percutaneous mechanical circulatory support devices market going forward. Cardiovascular diseases (CVDs) refer to a group of disorders affecting the heart and blood vessels, including conditions such as coronary artery disease, heart attacks, heart failure, stroke, and high blood pressure. The increasing incidence of cardiovascular diseases can be attributed to factors such as an aging population, unhealthy lifestyle choices, obesity, hypertension, and genetic predisposition. Percutaneous mechanical circulatory support devices are used in cardiovascular diseases to improve cardiac function, reduce heart strain, and support recovery in critical heart conditions. For instance, in December 2023, according to the Australian Institute of Health and Welfare, an Australia-based government agency, doctor-certified deaths due to coronary heart disease (CHD) increased to 14,100 in 2021 and further rose to 14,900 in 2022. Therefore, the increasing incidence of cardiovascular diseases is driving the growth of the percutaneous mechanical circulatory support (MCS) devices market.
What are the key segments within the percutaneous mechanical circulatory support devices market?
The percutaneous mechanical circulatory support devices market covered in this report is segmented –
1) By Product Type: Intra-Aortic Balloon Pumps, Impella Devices, Extracorporeal Membrane Oxygenation, TandemHeart, Other Types
2) By Application: Cardiogenic Shock, Acute Myocardial Infarction, Heart Failure, Other Applications
3) By End-User: Hospitals, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Intra-Aortic Balloon Pumps (IABP): Standard IABP Devices, Enhanced IABP Devices
2) By Impella Devices: Impella 2.5, Impella 5.0, Impella CP (Cardiac Power)
3) By Extracorporeal Membrane Oxygenation (ECMO): Veno-Venous ECMO (VV ECMO), Veno-Arterial ECMO (VA ECMO)
4) By Tandemheart: Tandemheart PUMP System, Tandemheart PRO System
5) By Other Types: Centrifugal Pumps, Pneumatic Assist Devices
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Which key players are shaping the percutaneous mechanical circulatory support devices market?
Major companies operating in the percutaneous mechanical circulatory support devices market are Abbott Laboratories, Medtronic Plc, Getinge AB, Teleflex Incorporated, Biotronik, Abiomed Inc., LivaNova Plc, Bioventrix, Berlin Heart, Eurosets, Magenta Medical Ltd, SynCardia Systems LLC, CardiacAssist Inc., Jarvik Heart Inc., Procyrion, BiVACOR Inc., CardioBridge GmbH and Company, Circulite Medical Inc., NovaPump GmbH, Supira Medical Inc., Pulsatile Technologies Inc.
What major trends will shape the percutaneous mechanical circulatory support devices market during the forecast period?
Major companies operating in the percutaneous mechanical circulatory support devices market are focusing on developing technologically advanced solutions such as intra-aortic axial-flow devices to enhance patient outcomes and minimize surgical risks. An intra-aortic axial-flow device is a type of percutaneous mechanical circulatory support (MCS) device designed to assist heart function by augmenting blood flow from the left ventricle to the aorta. For instance, in February 2023, Procyrion, Inc., a US-based medical device company, announced the successful first-in-human use of its Aortix pump. This innovative device is designed to prevent acute kidney injury (AKI) in patients undergoing cardiac surgery. Delivered via a catheter in the descending thoracic aorta, the Aortix pump improves renal perfusion while decreasing the heart’s workload during surgery. It achieves this by enhancing both renal and systemic perfusion while simultaneously reducing the strain on the heart, making it particularly advantageous for patients with compromised left ventricular function and renal impairment. Capable of delivering up to 5.0 liters of flow per minute, the Aortix pump is intended for temporary use during procedures such as percutaneous coronary interventions (PCI).
How do regional factors impact the percutaneous mechanical circulatory support devices market, and which region is the largest contributor?
North America was the largest region in the percutaneous mechanical circulatory support devices market in 2024. The regions covered in the percutaneous mechanical circulatory support devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Percutaneous Mechanical Circulatory Support Devices Market Report 2025 Offer?
The percutaneous mechanical circulatory support devices market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Percutaneous mechanical circulatory support (pMCS) devices are minimally invasive systems used to temporarily assist or completely replace the pumping function of the heart. These devices are inserted through a catheter into blood vessels, typically via the femoral artery, and positioned in the heart to provide mechanical support during acute heart failure, cardiogenic shock, or high-risk cardiac interventions.
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