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Tug Of War In The LVAD Market

With the rivalry between Thoratec and HeartWare intensifying in the LVAD space, all eyes are now on recent strategic acquisitions by both companies, as well as ongoing clinical studies and next-generation devices in the pipeline.

A battle royale ensued in 2013 in the still-emerging US market for left ventricular assist devices (LVADs) between the only two companies holding FDA approvals, Thoratec Corp. and HeartWare International Inc. The pair is racing to win physician favor and secure commercial sites and unit sales across the US and worldwide, with Thoratec holding on to its market-dominating position at present. (See Also see "Pressure Builds In Ventricular Assist Market" - Medtech Insight, 27 February, 2013.).

Thoratec secured FDA approval of its HeartMate II (HM-II) LVAD system for both the bridge-to-transplant (BTT) and the coveted long-term destination therapy (DT) indications, in 2008 and 2010, respectively, with...

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