A heart-lung machine is used in open heart surgeries to support the proper functioning of the heart and body during the surgery. The heart-lung machine consists of a chamber that receives blood from the body, oxygenates the blood, and transfers it to all parts of the body. This machine is connected to the patient with a series of tubes, which is removed after the completion of the surgery when the heart and lungs resume its functions.
The recent increase in medical tourism, especially in APAC, is a noteworthy factor that will spur the prospects for growth in this market over the next few years. In recent times, it has been observed that the prevalence of cardiovascular diseases has increased significantly owing to the changing lifestyle in emerging economies like China and India. As these markets are currently experiencing a growing need for improved healthcare facilities, patients can access affordable healthcare services easily. Healthcare organizations in APAC offer affordable treatment, which attracts patients from developed countries such as the UK, Canada, and the US. Consequently, vendors like LivaNova have started to penetrate the market in APAC to increase their market shares.
Another factor impelling the growth prospects for this market is the advent of portable heart-lung machines. Portable heart-lung machines weigh less than conventional heart-lung machines and occupy less space in the operating room when compared to conventional heart-lung devices. These devices will be extensively used by end users from the healthcare sector as they help to reduce the economic burden on hospitals. Additionally, as these devices have the capability to operate through a rechargeable battery, they can be transported to any part of the hospital. The portability of such devices helps the physicians to provide extracorporeal circulation to patients who are in critical stage or condition.
The global Heart-Lung Machines market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Heart-Lung Machines market based on company, product type, end user and key regions.
This report studies the global market size of Heart-Lung Machines in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Heart-Lung Machines in these regions.
This research report categorizes the global Heart-Lung Machines market by top players/brands, region, type and end user. This report also studies the global Heart-Lung Machines market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Medtronic
Sorin Group
MAQUET
Terumo Corporation
Edwards Lifesciences
Braile Biomedica
Tianjin Medical
SynCardia
Jarvik Heart
Market size by Product
Single Roller Pump
Double Roller Pump
Market size by End User
Cardiac Surgery
Lung Transplantation Operations
Acute Respiratory Failure Treatment
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Heart-Lung Machines market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Heart-Lung Machines market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Heart-Lung Machines companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Heart-Lung Machines submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Heart-Lung Machines are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Heart-Lung Machines market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Heart-Lung Machines. Industry analysis & Market Report on Heart-Lung Machines is a syndicated market report, published as Global Heart-Lung Machines Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Heart-Lung Machines market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.