Global Heart-lung Machines Market to grow at a CAGR of 3.67% during Forecast period 2016-2020

Albany, NY, Jan 16: According to WHO, around 17.5 million people died due to cardiovascular diseases (CVDs) worldwide in 2012. As per the studies conducted by the American Heart Association (AHA) in 2014, deaths due to CVDs are likely to reach 24 million by 2030.

CVDs include disorders associated with heart and blood vessels. Coronary heart disease is a condition in which sufficient amount of blood is not supplied to the heart due to blockage in blood vessels. Congenital heart disease is a type of CVD wherein the structure of the heart is abnormal by birth. Lack of physical activity and unhealthy diet lead to deposition of fatty substances or plaque in blood vessels, leading to coronary heart diseases.

The global heart-lung machines market to grow at a CAGR of 3.67% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global heart-lung machines market for 2016-2020. To calculate the market size, the revenue generated from the sales of various types heart-lung machines is considered.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Heart-Lung Machines Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Braile Biomdica
- LivaNova
- MAQUET
- Medtronic
- Terumo Medical

Other prominent vendors
- Elite Life Care
- Hemovent
- Medizintechnik
- Tianjin Welcome Medical Equipment

Market driver
- Increased medical tourism in APAC
- For a full, detailed list, view our report

Market challenge
- High cost of heart-lung machine and bypass surgery
- For a full, detailed list, view our report

Market trend
- Development of modular heart-lung machines
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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