The device, designed by Brisbane engineer Dr Daniel Timms, has been successfully transplanted into a live and healthy sheep.
Timms, who started the project in 2001 while studying at the Queensland University of Technology, said the device, known as BiVACOR, could last 10 years longer than previous artificial heart designs because of a lack of wear and tear on parts.
The bionic heart has a small bladed disk spins in the heart at 2,000 revolutions per minute to pump blood around the body without a pulse, a significant departure from traditional pulse-based designs, which included balloon-like sacs to pump blood, 'Brisbane Times' reported.
He said the new device addressed the problem of wear and tear by using magnetic levitation technology to keep the components from touching.
"It means there's no wear and that's the key of the device in that it can actually last for up to 10 years or longer without wearing out," he said.
"And that's a paradigm shift actually from these earlier pulse-style devices that couldn't last for more than two years," he added.
"We've now shown that the device works. This idea is viable. Now it's a matter of making it robust and reliable so that it works in a patient," Timms said.
"The time frame is three to five years before it could be ready for humans. We need to test it for a year to confirm its safety and regulatory properties before we implant it in a patient," he said.
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