| Product Code: ETC7556344 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India`s import shipments of ventricular assist devices saw a diverse range of top exporting countries including Australia, Germany, China, UK, and Metropolitan France. The low concentration level indicated by the Herfindahl-Hirschman Index (HHI) suggests a competitive market landscape. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a slight uptick in growth from 2023 to 2024. This data indicates dynamic market conditions and potential opportunities for both suppliers and buyers in the ventricular assist devices sector in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ventricular Assist Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ventricular Assist Devices Market Revenues & Volume, 2021 & 2031F |
3.3 India Ventricular Assist Devices Market - Industry Life Cycle |
3.4 India Ventricular Assist Devices Market - Porter's Five Forces |
3.5 India Ventricular Assist Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Ventricular Assist Devices Market Revenues & Volume Share, By Flow Type, 2021 & 2031F |
3.7 India Ventricular Assist Devices Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.8 India Ventricular Assist Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 India Ventricular Assist Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Ventricular Assist Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in India |
4.2.2 Growing awareness about advanced medical technologies for heart failure treatment |
4.2.3 Rising healthcare expenditure and improving healthcare infrastructure in India |
4.3 Market Restraints |
4.3.1 High cost associated with ventricular assist devices |
4.3.2 Limited availability of skilled healthcare professionals for implantation and management of these devices |
4.3.3 Stringent regulatory requirements for approval and commercialization of ventricular assist devices in India |
5 India Ventricular Assist Devices Market Trends |
6 India Ventricular Assist Devices Market, By Types |
6.1 India Ventricular Assist Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Ventricular Assist Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 India Ventricular Assist Devices Market Revenues & Volume, By Left Ventricular Assist Device (LVAD), 2021- 2031F |
6.1.4 India Ventricular Assist Devices Market Revenues & Volume, By Right Ventricular Assist Device (RVAD), 2021- 2031F |
6.1.5 India Ventricular Assist Devices Market Revenues & Volume, By Biventricular Assist Device (BiVAD), 2021- 2031F |
6.1.6 India Ventricular Assist Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Ventricular Assist Devices Market, By Flow Type |
6.2.1 Overview and Analysis |
6.2.2 India Ventricular Assist Devices Market Revenues & Volume, By Pulsatile Flow, 2021- 2031F |
6.2.3 India Ventricular Assist Devices Market Revenues & Volume, By Non-Pulsatile or Continuous Flow, 2021- 2031F |
6.3 India Ventricular Assist Devices Market, By Design |
6.3.1 Overview and Analysis |
6.3.2 India Ventricular Assist Devices Market Revenues & Volume, By Implantable Ventricular Assist Devices, 2021- 2031F |
6.3.3 India Ventricular Assist Devices Market Revenues & Volume, By Non-Implantable Ventricular Assist Devices, 2021- 2031F |
6.4 India Ventricular Assist Devices Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Ventricular Assist Devices Market Revenues & Volume, By Bridge-to-Transplant (BTT) Therapy, 2021- 2031F |
6.4.3 India Ventricular Assist Devices Market Revenues & Volume, By Destination Therapy, 2021- 2031F |
6.4.4 India Ventricular Assist Devices Market Revenues & Volume, By Bridge to Recovery and Bridge to Candidacy, 2021- 2031F |
6.5 India Ventricular Assist Devices Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 India Ventricular Assist Devices Market Revenues & Volume, By Ambulatory Surgery Centers, 2021- 2031F |
6.5.3 India Ventricular Assist Devices Market Revenues & Volume, By Hospital, 2021- 2031F |
6.5.4 India Ventricular Assist Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 India Ventricular Assist Devices Market Import-Export Trade Statistics |
7.1 India Ventricular Assist Devices Market Export to Major Countries |
7.2 India Ventricular Assist Devices Market Imports from Major Countries |
8 India Ventricular Assist Devices Market Key Performance Indicators |
8.1 Number of hospitals offering ventricular assist devices implantation services |
8.2 Rate of adoption of ventricular assist devices in major Indian cities |
8.3 Patient survival rate post-ventricular assist device implantation |
9 India Ventricular Assist Devices Market - Opportunity Assessment |
9.1 India Ventricular Assist Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Ventricular Assist Devices Market Opportunity Assessment, By Flow Type, 2021 & 2031F |
9.3 India Ventricular Assist Devices Market Opportunity Assessment, By Design, 2021 & 2031F |
9.4 India Ventricular Assist Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 India Ventricular Assist Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Ventricular Assist Devices Market - Competitive Landscape |
10.1 India Ventricular Assist Devices Market Revenue Share, By Companies, 2024 |
10.2 India Ventricular Assist Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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