Pediatric Perfusion Market Size, Share, Growth, Industry Analysis, Trends And Forecast 2023-2032 | Medtronic plc, Terumo Cardiovascular Systems Corporation, LivaNova PLC, BL Lifesciences, Eurosets

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Pediatric Perfusion Global Market Report 2023 identifies the prevalence of cardiac congenital disorders as the major driver for the pediatric perfusion market's growth in the forecast period. Cardiac congenital disorders refer to defects that are present at birth and can have an impact on the development and functionality of a baby's heart that affects how blood travels from the heart to the body's other organs. Pediatric perfusion is extensively used during cardiac surgeries to repair or correct structural defects in the heart and these surgeries may involve procedures such as ventricular septal defect (VSD) repair, atrial septal defect (ASD) repair, tetralogy of Fallot (TOF) repair, coarctation of the aorta repair, and many others.

The global pediatric perfusion market size is expected to grow from $2.32 billion in 2022 to $2.52 billion in 2023 at a compound annual growth rate (CAGR) of 8.73%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pediatric perfusion market size is expected to reach $3.41 billion in 2027 at a CAGR of 7.84%.

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Major competitors in the pediatric perfusion market are Medtronic plc, Terumo Cardiovascular Systems Corporation, LivaNova PLC, BL Lifesciences, Eurosets.

A key trend in the pediatric perfusion market includes product innovations. Major market players are concentrating their efforts on creating newer technologies such as cardiopulmonary bypass (CPB), and cardiovascular perfusion, extracorporeal technological advancements such as miniaturized extracorporeal circulation (MECC) systems, pediatric cardiac surgery, advanced oxygenators, and closed-loop perfusion systems. For Instance, in March 2023, LivaNova, a UK-based manufacturer of medical devices, launched Essenz Heart-Lung Machine, in the US region with a 510(k) clearance from the U.S. Food and Drug Administration. LivaNova's patient monitor and the Essenz Heart-Lung Machine combine to form a perfusion system used during cardiopulmonary bypass surgeries. During an open-heart operation, a perfusion system serves as the patient's heart and lungs. Additionally, it is suitable for both adult and pediatric patients and is mast-mounted to reduce distractions and maintain the area clean. The cockpit gives a centralized perspective from which to control the device and monitor all perfusion and patient data and also interfaces with external operating room devices and hospital information systems.

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The pediatric perfusion market is segmented -
•By Product: Pediatric Cannulae, Pediatric Centrifugal Blood Pumps, Pediatric Arterial Filters, Hem concentrators, HMS Plus Hemostasis Management System, Pediatric Oxygenators
•By Procedure Type: Pediatric Cardiac Surgeries, Pediatric Organ Transplantation, Pediatric Extracorporeal Life Support (ECLS)
•By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the pediatric perfusion market.

The Business Research Company's "Global Pediatric Perfusion Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Pediatric Perfusion Market Include:
1. Pediatric Perfusion Market Executive Summary
2. Pediatric Perfusion Market Segments
3. Pediatric Perfusion Market Size And Pediatric Perfusion Market Growth Rate
4. Key Pediatric Perfusion Market Trends
5. Major Pediatric Perfusion Market Drivers
……
25. Key Mergers And Acquisitions In The Pediatric Perfusion Market
26. Top Pediatric Perfusion Companies
27. Pediatric Perfusion Market Opportunities And Strategies
28. Pediatric Perfusion Market, Conclusions And Recommendations
29. Appendix

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