Chronic Heart Failure (CHF) Devices Market size was valued at USD 5.2 Billion in 2024 and is projected to reach USD 9.8 Billion by 2033, exhibiting a CAGR of 7.5% from 2026 to 2033.
The global Chronic Heart Failure (CHF) Devices Market was valued at approximately USD 15.73 billion in 2022 and is projected to reach USD 30.37 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.1% during the forecast period. North America held the largest market share in 2024, accounting for 45.6% of the global revenue, driven by an aging population, high prevalence of heart disease, and advanced healthcare infrastructure. The U.S. market alone generated USD 2,085.9 million in 2024 and is expected to reach USD 3,039.8 million by 2030, with a CAGR of 6.5% from 2025 to 2030. Europe follows as a significant market, fueled by an increasing incidence of cardiovascular diseases and advancements in healthcare systems. In January 2024, Bayer and Asklepios BioPharmaceutical launched the Phase II GenePHIT trial for AB 1002, a gene therapy for congestive heart failure, highlighting the regions commitment to innovative treatments. The Asia Pacific region is anticipated to experience the fastest growth, with a projected CAGR of 8.15% over the forecast period, attributed to the rising burden of cardiovascular diseases, improving healthcare infrastructure, and increasing awareness of advanced treatment options, particularly in countries like China, Japan, and India.
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Medtronic
Abbott
Johnson & Johnson
Stanley Pharmaceuticals
New Haven Pharmaceuticals
Inc.
Boston Scientific Corporation
HeartWare
Biovail Corporation
Abiomed
Symplmed Pharmaceuticals
Berlin Heart GmbH
ReliantHeart
Inc.
Cardiokinetix
Biotronik
Jarvik Heart
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Chronic Heart Failure (CHF) Devices Market
Implantable Cardioverter Defibrillators (ICDs)
Cardiac Resynchronization Therapy (CRT) Devices
Left Ventricular Assist Devices (LVADs)
Temporary Mechanical Circulatory Support Devices
Wearable Cardiac Devices
Hospitals
Home Care Settings
Ambulatory Surgical Centers
Specialty Clinics
Artificial Intelligence-Driven Devices
Telehealth Integration Devices
Remote Patient Monitoring Technologies
Traditional Mechanical Devices
Medical Management
Device Monitoring and Maintenance
Patient Rehabilitation
Prophylactic Devices
Direct Sales
Distributors
Online Platforms
Retail Pharmacies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Chronic Heart Failure (CHF) Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Chronic Heart Failure (CHF) Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Chronic Heart Failure (CHF) Devices Market, By Type
6. Global Chronic Heart Failure (CHF) Devices Market, By Application
7. Global Chronic Heart Failure (CHF) Devices Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Chronic Heart Failure (CHF) Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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