The global Heart Lung Machine market will register an 7.2% CAGR in terms of revenue, the global market size will reach US$ 426.8 million by 2027.
Heart Lung Machine market is mainly occupied by large companies, Sorin as the largest player in the market produced over 53% of Heart Lung Machine and made more than 56% of revenue share in 2015. MAQUET followed as second produced about 13% in 2015.
Based on the Heart Lung Machine market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Life Sciences. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost the Growth of Heart Lung machines during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
The report also assesses the key opportunities in the Heart-Lung Machine market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Heart Lung Machine Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.
Who are the Major Players in Heart-Lung Machine Market?
Top Key Players in the Heart-Lung Machine Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Heart Lung Machine Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Sorin, MAQUET, Medtronic, Terumo, Braile Biomedica, Tianjin Medical and others.
2016 – Terumo Cardiovascular Group, a global leader in medical devices for cardiac and vascular surgery and subsidiary of Japan-based Terumo Corporation (TSE: 4543), and CytoSorbents Corporation (NASDAQ: CTSO), manufacturer of the CytoSorb® extracorporeal blood purification adsorber that reduces excessive levels of inflammatory mediators in critically-ill and cardiac surgery patients, announced today that they have entered into a multi-country strategic partnership to commercialize CytoSorb for cardiac surgery applications. Under the terms of the agreement, Terumo has the exclusive rights to distribute the CytoSorb cardiopulmonary bypass (CPB) procedure pack for intra-operative use during cardiac surgery in France, Sweden, Denmark, Norway, Finland, and Iceland.
Market is segmented based on the type, applications, companies and regions.
By Type, Heart Lung Machine Market has been segmented into
The end user’s industry application on Heart Lung Machine Market is,
The North American heart lung machine market is expected to grow rapidly because to an ageing population, advancements in the healthcare industry, and an increase in the number of surgery facilities. Manufacturers are projected to benefit from the well-established healthcare infrastructure as well as increased patient knowledge of advanced surgical treatments. Governments in North America are increasing their R&D investments, which is boosting market growth. Furthermore, the growing number of patients with cardiac illnesses in North America is fueling the worldwide heart lung machine market.
North America
The Heart-Lung Machine Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Heart Lung Machine Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Heart Lung Machine Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Sorin, MAQUET, Medtronic, Terumo, Braile Biomedica, Tianjin Medical |
Forecast Period 2022 to 2028 CAGR | CAGR of 7.2% over the forecast period (2022-2027) |
By Type |
|
By Application |
|
By Companies | Sorin, MAQUET, Medtronic, Terumo, Braile Biomedica, Tianjin Medical |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Heart Lung Machine Market is studied from 2017 - 2027.
What is the growth rate of Heart Lung Machine Market?
The Heart Lung Machine Market is growing at a CAGR of 7.2% over the next 5 years.
Who are the key players in Heart Lung Machine Market?
Sorin, MAQUET, Medtronic, Terumo, Braile Biomedica, Tianjin Medical
What regions does this Heart Lung Machine Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Heart Lung Machine Market?
Cardiac Surgery, Lung Transplant Operation, Acute Respiratory Failure Treatment, Other
What are the major end-use applications of the Heart Lung Machine Market?
Single Roller Pump Heart Lung Machine, Double Roller Pump Heart Lung Machine
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.
