North America Heart Transplant Market Forecast to 2030

North America Heart Transplant Market Forecast to 2030 – Regional Analysis – by Surgery Type (Orthotopic Heart Transplant and Heterotopic Heart Transplant), Type (Donor Live Heart and Artificial Hearts), and End User (Hospitals, Cardiac Centers, and Others)

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Description

The North America heart transplant market is expected to grow from US$ 7,252.10 million in 2022 to US$ 17,192.72 million by 2030. It is estimated to grow at a CAGR of 11.4% from 2022 to 2030.

Use of AI in Transplantation Procedures Fuels North America Heart Transplant Market

A uniquely designed system backed by artificial intelligence (AI) facilitates the detection of early signs and seriousness of the host rejection post-heart transplantation. The endomyocardial biopsy (EMB) screening signifies the standard of care for identifying allograft rejections after a heart transplant. In 2022, a new AI system was designed known as the Cardiac Rejection Assessment Neural Estimator (CRANE), which can be used in tandem with medical assessments for rapid and precise diagnosis. CRANE also helps reduce differences regarding the presence and severity of heart rejection in the host body. It is a deep learning-based AI system for the automated assessment of gigapixel whole-slide images obtained from EMBs. In 2020, the National Institute of Health granted US$ 3.2 million to studies based on the exploration of the capabilities of AI in heart transplants. With this grant, researchers from Perelman School of Medicine (the University of Pennsylvania), Case Western Reserve University, Cleveland Clinic, and Cedars-Sinai Medical Center aimed to study what causes the rejection of a new heart and how to manage it. They used AI to analyze cardiac biopsy tissue images, finding the types of immune cells that play an instrumental role in new heart rejection. Thus, the adoption of AI in heart transplantation procedures is likely to bring new trends in the market in the coming years.

North America Heart Transplant Market Overview

The heart transplant market in North America is segmented into the US, Canada, and Mexico. North America accounted for the largest market share in 2022, and the market growth can be attributed to an upsurge in the geriatric population, the prevalence of cardiovascular diseases, and an increase in heart failure cases. The increasing incidences of chronic kidney diseases and the rising geriatric population are the key factors contributing to the heart transplant market growth in the US. According to data provided by the American Heart Association Inc., ~1 million new heart failure cases are registered annually in the US, and more than 8 million people are estimated to suffer from heart failure by 2030. As per the Health Research Funding Organization, ~555,000 people were diagnosed with the beginning stages of heart failure in the US in 2021. Cardiovascular diseases (CVDs) generally lead to heart failure or terminal heart disease, which bolsters the demand for heart transplants.

The US Food and Drug Administration (FDA) is increasingly approving various heart transplant procedures and products. In addition, the presence of major companies benefits the market in this country. In April 2022, TransMedics Group, Inc. received premarket FDA approval for its OCS Heart.

North America Heart Transplant Market Revenue and Forecast to 2030 (US$ Million)

North America Heart Transplant Market Segmentation

The North America heart transplant market is segmented into surgery type, type, end user, and country.

Based on surgery type, the North America heart transplant market is bifurcated into orthotopic heart transplantation and heterotopic heart transplantation. The orthotopic heart transplantation segment held a larger share of the North America heart transplant market in 2022.

In terms of type, the North America heart transplant market is bifurcated into donor live heart and artificial heart. The donor live heart segment held a larger share of the North America heart transplant market in 2022. Further, artificial heart segment is categorized into ventricular assisted device and total artificial heart.

Based on end user, the North America heart transplant market is segmented into hospitals, cardiac centers, and others. The hospitals segment held the largest share of the North America heart transplant market in 2022.

Based on country, the North America heart transplant market is segmented into the US, Canada, and Mexico. The US dominated the North America heart transplant market in 2022.

Terumo Corp, Evaheart Inc, Abbott Laboratories, SynCardia Systems LLC, BiVACOR Inc, BioVentrix Inc, Berlin Heart GmbH, LivaNova Plc, Jarvik Heart Inc, and Calon Cardio-Technology Ltd are some of the leading companies operating in the North America heart transplant market.

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At 11.4% CAGR, North America Heart Transplant Market is Speculated to be Worth US$ 17,192.72 Million by 2030, says the Research Team

According to the Research Team’ research, the North America heart transplant market was valued at US$ 7,252.10 million in 2022 and is expected to reach US$ 17,192.72 million by 2030, registering a CAGR of 11.4% from 2022 to 2030. Increasing target disease incidence and growing geriatric population are among the critical factors attributed to the North America heart transplant market expansion.

The World Health Organization (WHO) states cardiovascular disease (CVD) is one of the leading causes of death worldwide. A few of the major contributors to the rising prevalence of CVDs are ethnicity, family history, and age. Other notable factors include increasing tobacco consumption, high cholesterol, hypertension; and diseases such as obesity, dyslipidemia, and diabetes. According to the WHO, deaths due to CVDs across the world will rise from ~17 million in 2016 to 23.6 million by 2030. Moreover, the global cost burden of CVDs would reach US$ 1,044 billion by 2030 from US$ 863 billion in 2010. As per the American Heart Association, ~40% of adults in the US are likely to have hypertension by 2030, recording an 8.4% increase from 2012. Emory Healthcare report states that the US recorded ~5 million cases of congestive failure in 2022, and ~550,000 new cases were diagnosed every year in the US. Also, the country reports ~287,000 deaths due to heart failure every year. In the US, nearly 3,499 people underwent heart transplant procedures in 2020. Data from an annual report on Cardiothoracic Organ Transplantation 2021/22, NHS Blood and Transplant, published September 2022, suggests that ~145 heart transplants were performed in adults in 2021-2022 in the UK. As per Temple Health, 70.9% of patients received heart transplant treatments within a year, and the shortest waitlist average was 55.2% in the US in 2021. Therefore, the rising incidence of CVDs and heart failure drives the growth of the heart transplant market.

On the contrary, high cost of surgeries hampers the growth of North America heart transplant market.

Based on surgery type, the North America heart transplant market is bifurcated into orthotopic heart transplantation and heterotopic heart transplantation. The orthotopic heart segment held 80.1% share of North America heart transplant market in 2022, amassing US$ 5,808.84 million. It is projected to garner US$ 13,978.85 million by 2030 to expand at 11.6% CAGR during 2022-2030.

In terms of type, the North America heart transplant market is bifurcated into donor live heart and artificial heart. The donor live heart segment held 70.9% share of North America heart transplant market in 2022, amassing US$ 5,140.40 million. It is projected to garner US$ 11,958.97 million by 2030 to expand at 11.1% CAGR during 2022-2030. Further, artificial heart segment is categorized into ventricular assisted device and total artificial heart.

Based on end user, the North America heart transplant market is segmented into hospitals, cardiac centers, and others. The hospitals segment held 58.5% share of North America heart transplant market in 2022, amassing US$ 4,242.25 million. It is projected to garner US$ 10,288.29 million by 2030 to expand at 11.7% CAGR during 2022-2030.

By country, the North America heart transplant market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 89.4% share of North America heart transplant market in 2022. It was assessed at US$ 6,486.28 million in 2022 and is likely to hit US$ 15,679.76 million by 2030, exhibiting a CAGR of 11.7% during 2022-2030.

Key players operating in the North America heart transplant market are Terumo Corp, Evaheart Inc, Abbott Laboratories, SynCardia Systems LLC, BiVACOR Inc, BioVentrix Inc, Berlin Heart GmbH, LivaNova Plc, Jarvik Heart Inc, and Calon Cardio-Technology Ltd, among others.

In January 2022, BioVentrix Acquired MateraCor Inc and their lead product. MateraCor, Inc. is a company that uses injectable hydrogel based on alginate to stop the progression of heart failure and reverse it.

In September 2021, SynCardia Systems performs inorganic growth strategies to reach more customers. The venture capital investment firm Hunniwell Lake Ventures, LLC, with its headquarters in California, acquired SynCardia. As a result, SynCardia now has the operational and financial means to guarantee its continued expansion and success both domestically and internationally. To assist more patients, the company has been able to continue creating cutting-edge medical devices and exploring new indications owing to this funding.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America heart transplant market.
o Highlights key business priorities to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America heart transplant market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Heart Transplant Market – Key Industry Dynamics
4.1 Heart Transplant Market – Key Industry Dynamics
4.2 Market Drivers
4.2.1 Increasing Target Disease Incidence
4.2.2 Growing Geriatric Population
4.3 Market Restraints
4.3.1 High Cost of Surgeries
4.4 Market Opportunities
4.4.1 Ongoing Research and Development
4.5 Future Trends
4.5.1 Use of AI in Transplantation Procedures
4.6 Impact of Drivers and Restraints:
5. Heart Transplant Market – North America Market Analysis
5.1 Heart Transplant Market Revenue (US$ Million), 2020 – 2030
5.2 Heart Transplant Market Forecast and Analysis
6. North America Heart Transplant Market Analysis – Surgery Type
6.1 Overview
6.2 Orthotopic Heart Transplant
6.2.1 Overview
6.2.2 Orthotopic Heart Transplant Market, Revenue and Forecast to 2030 (US$ Million)
6.3 Heterotopic Heart Transplant
6.3.1 Overview
6.3.2 Heterotopic Heart Transplant Market, Revenue and Forecast to 2030 (US$ Million)
7. North America Heart Transplant Market Analysis – Type
7.1 Overview
7.2 Donor Live Heart
7.2.1 Overview
7.2.2 Donor Live Heart Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Artificial Hearts
7.3.1 Overview
7.3.2 Artificial Hearts Market, Revenue and Forecast to 2030 (US$ Million)
7.3.2.1 Ventricular Assisted Device
7.3.2.1.1 Ventricular Assisted Device Market, Revenue and Forecast to 2030 (US$ Million)
7.3.2.2 Total Artificial Heart
7.3.2.2.1 Total Artificial Heart Market, Revenue and Forecast to 2030 (US$ Million)
8. North America Heart Transplant Market Analysis – End User
8.1 Overview
8.2 Hospitals
8.2.1 Overview
8.2.2 Hospitals Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Cardiac Centers
8.3.1 Overview
8.3.2 Cardiac Centers Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. North America Heart Transplant Market – Country Analysis
9.1 North America
9.1.1 North American Transplant Market Overview
9.1.2 North America Heart Transplant Market Breakdown by Country (2022 and 2030)
9.1.2.1 US: Heart Transplant Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.1.1 Overview
9.1.2.1.2 United States Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.1.3 United States Heart Transplant Market Breakdown by Surgery Type
9.1.2.1.4 United States Heart Transplant Market Breakdown by Type
9.1.2.1.4.1 United States Heart Transplant Market Breakdown by Artificial Hearts
9.1.2.1.5 United States Heart Transplant Market Breakdown by End User
9.1.2.2 Canada: Heart Transplant Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.2.1 Overview
9.1.2.2.2 Canada Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.2.3 Canada Heart Transplant Market Breakdown by Surgery Type
9.1.2.2.4 Canada Heart Transplant Market Breakdown by Type
9.1.2.2.4.1 Canada Heart Transplant Market Breakdown by Artificial Hearts
9.1.2.2.5 Canada Heart Transplant Market Breakdown by End User
9.1.2.3 Mexico: Heart Transplant Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.3.1 Overview
9.1.2.3.2 Mexico Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.3.3 Mexico Heart Transplant Market Breakdown by Surgery Type
9.1.2.3.4 Mexico Heart Transplant Market Breakdown by Type
9.1.2.3.4.1 Mexico Heart Transplant Market Breakdown by Artificial Hearts
9.1.2.3.5 Mexico Heart Transplant Market Breakdown by End User
10. Industry Landscape
10.1 Overview
10.2 Growth Strategies in the Heart Transplant Market
10.3 Inorganic Growth Strategies
10.3.1 Overview
10.4 Organic Growth Strategies
10.4.1 Overview
11. Company Profiles
11.1 Terumo Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Evaheart Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Abbott Laboratories
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 SynCardia Systems LLC
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 BiVACOR Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 BioVentrix Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Berlin Heart GmbH
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 LivaNova Plc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Jarvik Heart Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About the Research Team

LIST OF TABLES

Table 1. Heart Transplant Market Segmentation
Table 2. Heart Transplant Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Heart Transplant Market Revenue and Forecasts to 2030 (US$ Million) – Surgery Type
Table 4. Heart Transplant Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 5. Heart Transplant Market Revenue and Forecasts to 2030 (US$ Million) – End User
Table 6. North America Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. United States Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Surgery Type
Table 8. United States Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 9. United States Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Artificial Hearts
Table 10. United States Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 11. Canada Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Surgery Type
Table 12. Canada Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 13. Canada Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Artificial Hearts
Table 14. Canada Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 15. Mexico Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Surgery Type
Table 16. Mexico Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 17. Mexico Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By Artificial Hearts
Table 18. Mexico Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 19. Recent Inorganic Growth Strategies in the Heart Transplant Market
Table 20. Recent Organic Growth Strategies in the Heart Transplant Market
 

LIST OF FIGURES

Figure 1. Heart Transplant Market Segmentation, By Country
Figure 2. Impact Analysis of Drivers and Restraints
Figure 3. Heart Transplant Market Revenue (US$ Million), 2020 – 2030
Figure 4. Heart Transplant Market Share (%) – Surgery Type, 2022 and 2030
Figure 5. Orthotopic Heart Transplant Market Revenue and Forecasts to 2030 (US$ Million)
Figure 6. Heterotopic Heart Transplant Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. Heart Transplant Market Share (%) – Type, 2022 and 2030
Figure 8. Donor Live Heart Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Artificial Hearts Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Ventricular Assisted Device Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Total Artificial Heart Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Heart Transplant Market Share (%) – End User, 2022 and 2030
Figure 13. Hospitals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Cardiac Centers Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. North America: Heart Transplant Market, by Key Country – Revenue (2022) (US$ Million)
Figure 17. North America Heart Transplant Market Breakdown by Country (2022 and 2030)
Figure 18. United States Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 19. Canada Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 20. Mexico Heart Transplant Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 21. Growth Strategies in the Heart Transplant Market
 

1. Terumo Corp
2. Evaheart Inc
3. Abbott Laboratories
4. SynCardia Systems LLC
5. BiVACOR Inc
6. BioVentrix Inc
7. Berlin Heart GmbH
8. LivaNova Plc
9. Jarvik Heart Inc

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