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Perfusion Systems Market: In-depth Analysis of Industry Dynamics, Growth Opportunities, and Forecast 2033

Perfusion Systems Market

Perfusion Systems Market

The new report published by The Business Research Company, titled Perfusion Systems Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the perfusion systems market size has grown rapidly in recent years. It will grow from $1.24 billion in 2023 to $1.36 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The perfusion systems market size is expected to see strong growth in the next few years. It will grow to $1.96 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%.

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Surge In Organ Transplants Fuels Growth In The Perfusion Systems Market
The rising number of organ transplants is expected to propel the growth of the perfusion systems market going forward. Organ transplants refer to a surgical procedure where a diseased or damaged organ is removed from a donor and transplanted into a recipient who needs it due to organ failure or disease. Perfusion systems are used to preserve and transport organs during the transplantation process, and play a critical role in maintaining the viability of the donated organs. For instance, in January 2021, according to Organ Procurement And Transplantation Network, a US-based non-profit organization, 41,354 organ transplants were performed in the US. This represents a 5.9 % increase over the number of transplants performed in 2020. Therefore, the rise in the number of organ transplants is driving the demand for the perfusion systems market.

Livanova Unveils Essenz Perfusion System, Redefining Cardiac Surgery Standards
Product innovation has emerged as a key trend gaining popularity in the perfusion systems market. Major market players operating in perfusion systems are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in February 2023, LivaNova, a UK-based provider of neuromodulation devices and cardiopulmonary products, launched the Essenz perfusion system in Europe. The Essenz system is a compact, modular, portable cardiopulmonary bypass (CPB) system designed for cardiac surgeries. The system's modular design allows it to be customized to meet the specific needs of individual patients and surgical procedures. The compact and portable nature of the system also enables easy transport and setup in various clinical settings.

The perfusion systems market covered in this report is segmented -

1) By Product: Cardiopulmonary Perfusion System, Extracorporeal membrane oxygenation (ECMO), Isolated Organ Perfusion Systems, Other Products
2) By Type Of Organ: Heart, Lung, Kidney, Liver, Other Type Of Organs
3) By Technique: Hypothermic, Normothermic
4) By End-User: Hospital, Clinic, Ambulatory Surgical Centers, Other End-users

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Major companies operating in the perfusion systems market report are Getinge AB , Medtronic plc , LivaNova PLC , Terumo Corporation, Lifeline Scientific Inc., XVIVO Perfusion AB  , Repligen Corporation , Spectrum Laboratories Inc. , Merck KGaA , Harvard Bioscience  Inc. , ALA Scientific Instruments Inc. , Accuray Incorporated, XENIOS AG , General Healthcare Resources LLC, Siemens Healthcare Private Limited Shimadzu Corporation, Samsung Medison Co. Ltd., GENERAL ELECTRIC COMPANY, Organ Assist Products B.V., Shimadzu Corporation, Hitachi Ltd., Bioptechs Inc., Cytiva Company, Sorin Group, Organ Recovery Systems Inc., TransMedics Inc., Waters Medical Systems LLC, Paragonix Technologies Inc., Bridge to Life (Europe) Ltd., OrganOx Limited, Preservation Solutions Inc.

Contents of the report:
1. Executive Summary
2. Perfusion Systems Market Report Structure
3. Perfusion Systems Market Trends And Strategies
4. Perfusion Systems Market - Macro Economic Scenario
5. Perfusion Systems Market Size And Growth
…..
27. Perfusion Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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