| Product Code: ETC7555520 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India third generation ventricular assist devices market demonstrated robust growth over the period 2020-2024, with a strong CAGR of 29.8%. The market maintained momentum, as evidenced by a growth rate of 10.2% between 2023 and 2024, indicating sustained expansion and a positive overall trend.
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 Third Generation Ventricular Assist Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Third Generation Ventricular Assist Devices Market Revenues & Volume, 2021 & 2031F |
3.3 India Third Generation Ventricular Assist Devices Market - Industry Life Cycle |
3.4 India Third Generation Ventricular Assist Devices Market - Porter's Five Forces |
3.5 India Third Generation Ventricular Assist Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Third Generation Ventricular Assist Devices Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 India Third Generation Ventricular Assist Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 India Third Generation 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 Technological advancements in third generation ventricular assist devices |
4.2.3 Growing adoption of minimally invasive surgeries in cardiac treatments |
4.3 Market Restraints |
4.3.1 High cost associated with third generation ventricular assist devices |
4.3.2 Limited awareness and access to advanced cardiac treatments in certain regions of India |
4.3.3 Stringent regulatory approval processes for medical devices in India |
5 India Third Generation Ventricular Assist Devices Market Trends |
6 India Third Generation Ventricular Assist Devices Market, By Types |
6.1 India Third Generation Ventricular Assist Devices Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Bridge-To-Transplant (BTT), 2021- 2031F |
6.1.4 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Destination Therapy, 2021- 2031F |
6.1.5 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Bridge-To-Recovery (BTR), 2021- 2031F |
6.1.6 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Bridge To Candidacy Therapy, 2021- 2031F |
6.2 India Third Generation Ventricular Assist Devices Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Transcutaneous Ventricular Assist Devices, 2021- 2031F |
6.2.3 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Implantable Ventricular Assist Devices, 2021- 2031F |
6.3 India Third Generation Ventricular Assist Devices Market, By Product |
6.3.1 Overview and Analysis |
6.3.2 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Left Ventricular Assist Devices (LVADs), 2021- 2031F |
6.3.3 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Right Ventricular Assist Devices (RVADs), 2021- 2031F |
6.3.4 India Third Generation Ventricular Assist Devices Market Revenues & Volume, By Biventricular Assist Devices (BIVADs), 2021- 2031F |
7 India Third Generation Ventricular Assist Devices Market Import-Export Trade Statistics |
7.1 India Third Generation Ventricular Assist Devices Market Export to Major Countries |
7.2 India Third Generation Ventricular Assist Devices Market Imports from Major Countries |
8 India Third Generation Ventricular Assist Devices Market Key Performance Indicators |
8.1 Number of hospitals offering third generation ventricular assist devices implantation services |
8.2 Patient survival rates post-implantation of third generation ventricular assist devices |
8.3 Number of research studies and clinical trials conducted on third generation ventricular assist devices in India. |
9 India Third Generation Ventricular Assist Devices Market - Opportunity Assessment |
9.1 India Third Generation Ventricular Assist Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Third Generation Ventricular Assist Devices Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 India Third Generation Ventricular Assist Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
10 India Third Generation Ventricular Assist Devices Market - Competitive Landscape |
10.1 India Third Generation Ventricular Assist Devices Market Revenue Share, By Companies, 2024 |
10.2 India Third Generation 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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