Artificial Heart-Lung Machine Market Global Report 2022 Featuring Leading Players LivaNova (Sorin), Getinge (Maquet), Medtronic, Terumo CV Group

Global Artificial Heart-Lung Machine Market Size, Status and Forecast 2022-2028

The report discusses many vital industry facets that influence global Artificial Heart-Lung Machine industry acutely which includes extensive study of competitive edge, latest industry advancements, region-wise industry environment, contemporary market and trends, top market contenders, and recent consumption tendency of the end user. The report also manages market size, market share, growth rate, revenue, and CAGR reported before along with its forecast estimation.

Artificial Heart-Lung Machine Market is valued at 250 million USD in 2020 and will reach 310 million USD by the end of 2028       , growing at a CAGR of 2.8% during 2022-2028.

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The prominent players in the global Artificial Heart-Lung Machine Market are: LivaNova (Sorin), Getinge (Maquet), Medtronic, Terumo CV Group, Braile Biomedica, Tianjin Medical

Market Overview

An artificial heart-lung machine, also known as a cardiopulmonary bypass (CPB) or oxygenator pump, is used during coronary artery bypass, heart and lung transplants, and other cardiac surgeries. It temporarily performs the functions of the heart and lungs to enable the surgeon to operate in motion and bloodless surgical field. These machines consist of a chamber that receives blood, which is then oxygenated and circulated to all body parts. Over the years, these pumps have helped in making significant advances in the management of severe respiratory failure as well as in the field of car-diac surgeries.

In recent years, there has been a significant rise in the number of open-heart surgeries, heart transplants and lung surgeries across the globe. This can primarily be attributed to various environmental and lifestyle changes, which have led to an increase in the prevalence of cardiovascular diseases and the instances of organ failures. Other than this, governments of several developing nations are making efforts for providing improved healthcare facilities to patients, which is driving the demand for artificial heart-lung machines. Furthermore, the market players are investing in research and development activities to modernize the current models of oxygenator pumps. These activities have led to the development of modular heart-lung machines that are cost-effective, safe, and user-friendly in nature. Besides this, these machines also offer flexibility to doctors as they are portable and can be operated on rechargeable batteries. The manufacturers have also made several improvements in CPB pumps to prevent the over-oxygenation of blood.

Regional Assessment 

Geographically, the global Artificial Heart-Lung Machine market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and others), Asia-Pacific (China, India, Japan, and others), and LAMEA (Latin America, Middle East, and Africa).

Market Segments by Types
Single Roller Pump

Double Roller Pump

Global Artificial Heart-Lung Machine market: Applications
Cardiac Surgery

Lung Transplantation Operations

Acute Respiratory Failure Treatment

Others

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Research Methodology:

We follow a robust research methodology that includes data triangulation based on top-down, bottom-up approaches, and authentication of the estimated market numbers through primary research. The information used to estimate the Artificial Heart-Lung Machine market size and forecast for various segments at the global, regional, and country level is derived from the most reliable published sources and through interviews with the correct stakeholders.

Key Takeaways from Artificial Heart-Lung Machine Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Artificial Heart-Lung Machine market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Artificial Heart-Lung Machine market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to advance top-line revenues

─Appreciate the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a rapid outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Artificial Heart-Lung Machine

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