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In-Depth Analysis of the Artificial Lung Market: Growth Opportunities, Key Trends, and Forecast 2025-2034

02-07-2025 08:15 AM CET | Health & Medicine

Press release from: The Business Research Company

Artificial Lung Market Size

Artificial Lung Market Size

What Are the Projected Growth and Market Size Trends for the Artificial Lung Market?
The scale of the artificial lung market has accelerated significantly in the recent past. Its growth is projected to increase from $2.31 billion in 2024 to an estimated $2.59 billion in 2025, featuring a compound annual growth rate (CAGR) of 12.2%. The growth observed during the historical period is linked to increasing consciousness among medical practitioners, deeper market penetration, growing utilization in home-care environments, advancement in medical tourism, and enhancements within the healthcare infrastructure.

The market size of artificial lungs is predicted to experience significant expansion in the forthcoming years, reaching $4.06 billion by 2029 with a compound annual growth rate (CAGR) of 11.9%. This rapid growth during the forecast period can be linked to the increasing incidence of respiratory conditions, advancements in medical facilities, growing adoption of non-invasive procedures, betterment in patient lifestyles, and higher occurrence of chronic obstructive pulmonary diseases. Noteworthy trends during this forecast phase include the incorporation of wireless technology, weaving in of artificial intelligence (AI), breakthroughs in genomics and medical technologies, and fabrication of smaller and easily portable artificial lungs.

What Factors Are Propelling the Expansion of the Artificial Lung Market?
The rise in respiratory illnesses is predicted to fuel the progress of the artificial lung market in the future. The escalation of these diseases is attributable to a blend of elements like rampant air pollution, climatic alterations, and changes in lifestyle, which inflict a severe impact on public health. Artificial lungs come into use for regulating respiratory ailments to supply oxygen and get rid of carbon dioxide from the bloodstream, assisting or substituting the compromised lung function. For example, according to the Australian Institute of Health and Welfare, a health and welfare organization based in Australia, around 8.5 million Australians, which makes up about 34% of the populace, were observed to have chronic respiratory disorders in June 2024. This consists of roughly 2.8 million individuals, or 11% of the public, who are living with asthma, and about 638,000 individuals, or 2.5% of the populace, living with chronic obstructive pulmonary disease (COPD). Hence, the escalating incidence of respiratory ailments is stimulating the expansion of the artificial lung market.

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Which Leading Companies Are Shaping the Growth of the Artificial Lung Market?
Major companies operating in the artificial lung market are Terumo Corporation, Getinge AB, Abiomed Inc., MicroPort Scientific Corp., Charles Stark rape*r Laboratory Inc., TransMedics Group Inc., Braile Biomédica Ltd., Xenios AG, MC3 Cardiopulmonary Inc., Lung Biotechnology PBC, Breethe Inc., Levitronix LLC, Medos Medizintechnik AG, ALung Technologies Inc., McGowan Institute for Regenerative Medicine, Hemovent GmbH, Novalung GmbH, Haemair Ltd., MedArray Inc., Vivonics Inc., Extracorporeal Life Support (ECLS) Lab

What Are the Major Trends Shaping the Artificial Lung Market?
In the artificial lung market, key players are emphasizing innovation to sustain their competitive edges, such as implementing remote tracking and regulation of their devices. This allows healthcare providers to observe vital statistics and adapt ventilation configurations without being directly at the patient's side, thereby lessening the likelihood of infection and bolstering patient safety. For instance, a breakthrough in the creation of its artificial lung ventilator, known as TELTOMED, was achieved by Teltonika Telemedic, an electronics manufacturer in the United States in August 2022, and has secured a unique patent for the safe transmission and control of data from its ventilator. This technology is key in improving the security and dependability of patient data exchanges, an essential attribute for modern medical devices.

What Are the Key Segments of the Artificial Lung Market?
The artificial lung market covered in this report is segmented -

1) By Product Type: Single Roller Pump Heart Lung Machines, Double Roller Pump Heart Lungs Machines, Bubble Artificial Lung, Membrane Artificial Lung
2) By Application: Cardiac Surgery, Lung Transplant Operation, Acute Respiratory Failure Treatment, Other Applications
3) By End-Users: Hospital, Emergency Center, Other End-users

Subsegments:
1) By Single Roller Pump Heart Lung Machines: Portable Single Roller Pump Heart Lung Machines, Stationary Single Roller Pump Heart Lung Machines
2) By Double Roller Pump Heart Lung Machines: Portable Double Roller Pump Heart Lung Machines, Stationary Double Roller Pump Heart Lung Machines
3) By Bubble Artificial Lung: Disposable Bubble Artificial Lung, Reusable Bubble Artificial Lung
4) By Membrane Artificial Lung: Oxygenator Membrane Artificial Lung, Carbon Dioxide Removal Membrane Artificial Lung

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Which Region Dominates the Artificial Lung Market?
North America was the largest region in the artificial lung market in 2024. The regions covered in the artificial lung market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Artificial Lung Global Market Report?

- Market Size Analysis: Analyze the Artificial Lung Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Artificial Lung Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Artificial Lung Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Artificial Lung Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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