UAE Left Ventricular Assist Devices (LVADs) Market Share, Size & Competitive Landscape Report 2030
UAE Left Ventricular Assist Devices (LVADs) Market Size & Insights
As per recent study by MarkNtel Advisors The UAE Left Ventricular Assist Devices (LVADs) Market size was valued at around USD 391.29 million in 2024 and is projected to reach USD 511.22 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.45% during the forecast period, i.e., 2025-30.
What are the Key DROs in the UAE Left Ventricular Assist Devices (LVADs) Market?
Increasing Prevalence of Heart Failure in the UAE – Increasing heart failure rate is the primary factor driving the growth of the left ventricular assist device market in the United Arab Emirates. Coronary heart disease leads to maximum deaths in UAE with 40% of all fatalities attributed to cardiovascular diseases in this country as per the Ministry of Health and Prevention. Since Heart failure is common in the aged population, hence modern treatments like LVADs are required. By the end of 2050, there is a probability of 2 million people in the United Arab Emirates to be 60 years of age or older. It is expected that this demographic shift will similarly increase demand for LVADs as heart failure will become more frequent in older adults. Similarly contributing to the rising prevalence of coronary heart failure are lifestyle factors including obesity rates that surpass 28% and the roughly 50% of individuals being overweight. The need for LVADs is similarly increased by a sedentary lifestyle that increases heart-related troubles.
What are the Key Segments in the UAE Left Ventricular Assist Devices (LVADs) Market?
The UAE Left Ventricular Assist Devices (LVADs) is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Type of Flow
- Pulsatile Flow - Market Size & Forecast 2020-2030, USD Million
- Non-Pulsatile Flow - Market Size & Forecast 2020-2030, USD Million
- By Design
- Implantable Ventricular Assist Devices - Market Size & Forecast 2020-2030, USD Million
- Transcutaneous Ventricular Assist Devices - Market Size & Forecast 2020-2030, USD Million
- By Application
- Bridge to Transplantation - Market Size & Forecast 2020-2030, USD Million
- Destination Therapy - Market Size & Forecast 2020-2030, USD Million
- Bridge to Recovery - Market Size & Forecast 2020-2030, USD Million
- Bridge to Candidacy - Market Size & Forecast 2020-2030, USD Million
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By Region
- Dubai
- Abu Dhabi
- Sharjah
- Northern Emirates
Who are the Key Players in UAE Left Ventricular Assist Devices (LVADs) Market?
Abbott Laboratories, Cadrenal Therapeutics, Fresenius Medical Care AG & Co. KgaA, Abiomed Inc., Teleflex Incorporated, SynCardia Systems, CardiacAssist, Inc., Jarvik 2000, Reliant Heart, Edwards Lifesciences, GE Healthcare, and others
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UAE Left Ventricular Assist Devices (LVADs) Market News
- August 2024: Abbott and Cadrenal Therapeutics are exploring a collaboration on a pivotal study to assess tecarfarin's safety and efficacy in preventing blood clots in patients with newly implanted LVADs, aiming to improve anticoagulation treatment..
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- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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