[London, 23rd June 2025] – According to Clearview Market Insights (CVMI), the global intra-aortic balloon pump (IABP) market is projected to grow from USD 1.22 billion in 2024 to USD 1.94 billion by 2031, at a CAGR of 6.8%. This growth is driven by increasing cardiovascular procedure volumes and the ongoing need for effective mechanical circulatory support in both acute and surgical cardiac care.
IABPs continue to serve as a frontline option for rapid hemodynamic stabilization, particularly in settings where advanced devices are either unavailable or unaffordable," said Dr. Laura Mendes, senior cardiovascular technology analyst at CVMI.
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Key Stats
- 2024 Market Size: USD 1.22 billion
- 2031 Forecast: USD 1.94 billion
- CAGR: 6.8% (2024–2031)
Growth Drivers
- High Global Cardiac Surgery Rates: Increased usage in post-bypass support and management of perioperative shock.
- Adoption in Emerging Markets: Increasing penetration in South Asia, MENA, and Latin America
- Portability and Innovation: New consoles featuring touchscreen displays and improved balloon-response algorithms.
Segment Highlights
- Top Application: Cardiogenic shock and acute myocardial infarction account for over 60% of use cases.
- Fastest-Growing Region: Asia-Pacific, driven by healthcare infrastructure upgrades
- Primary End Users: Tertiary-care hospitals and cardiac ICUs
Competitive Snapshot (2024)
- Getinge AB – 47%: Industry leader with a broad IABP device suite
- Teleflex – 19%: Strong catheter line with integrated accessories
- Tokai Medical – 12%: Japan-based systems with steady regional traction
- Others – 22%: Niche manufacturers and regional suppliers
Future Outlook
IABPs remain a vital component of cardiac care algorithms, especially in markets where cost efficiency, availability, and clinician familiarity outweigh emerging alternatives. The future lies in lightweight, digitally connected pump consoles and enhanced clinical evidence supporting specific cardiac indications.
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Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
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