| Product Code: ETC8637843 | 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 |
The Nigeria ventricular assist devices (VAD) import market continues to be dominated by key players from China, USA, UK, Turkey, and South Africa in 2024. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a high level from 2023 to 2024, indicating a competitive landscape. Despite a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024, the growth rate in 2024 saw a further decrease. This suggests a challenging environment for VAD importers in Nigeria, emphasizing the need for strategic planning and market adaptation strategies.

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 Nigeria Ventricular Assist Devices (VAD) Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Ventricular Assist Devices (VAD) Market - Industry Life Cycle |
3.4 Nigeria Ventricular Assist Devices (VAD) Market - Porter's Five Forces |
3.5 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Ventricular Assist Devices (VAD) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in Nigeria |
4.2.2 Growing awareness about advanced medical treatments and technologies |
4.2.3 Improving healthcare infrastructure and facilities in the country |
4.3 Market Restraints |
4.3.1 High cost associated with ventricular assist devices |
4.3.2 Limited reimbursement policies for VAD procedures in Nigeria |
4.3.3 Lack of skilled healthcare professionals to handle VAD implantation and post-operative care |
5 Nigeria Ventricular Assist Devices (VAD) Market Trends |
6 Nigeria Ventricular Assist Devices (VAD) Market, By Types |
6.1 Nigeria Ventricular Assist Devices (VAD) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume, By LAVD, 2021- 2031F |
6.1.4 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume, By RVAD, 2021- 2031F |
6.1.5 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume, By BiVAD, 2021- 2031F |
6.2 Nigeria Ventricular Assist Devices (VAD) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume, By LAVD, 2021- 2031F |
6.2.3 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume, By RVAD, 2021- 2031F |
6.2.4 Nigeria Ventricular Assist Devices (VAD) Market Revenues & Volume, By BiVAD, 2021- 2031F |
7 Nigeria Ventricular Assist Devices (VAD) Market Import-Export Trade Statistics |
7.1 Nigeria Ventricular Assist Devices (VAD) Market Export to Major Countries |
7.2 Nigeria Ventricular Assist Devices (VAD) Market Imports from Major Countries |
8 Nigeria Ventricular Assist Devices (VAD) Market Key Performance Indicators |
8.1 Average waiting time for VAD implantation surgery |
8.2 Number of hospitals offering VAD implantation services |
8.3 Patient satisfaction rates post VAD implantation |
9 Nigeria Ventricular Assist Devices (VAD) Market - Opportunity Assessment |
9.1 Nigeria Ventricular Assist Devices (VAD) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Ventricular Assist Devices (VAD) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Ventricular Assist Devices (VAD) Market - Competitive Landscape |
10.1 Nigeria Ventricular Assist Devices (VAD) Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Ventricular Assist Devices (VAD) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |