This Cardiopulmonary Bypass Accessory Equipment Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Cardiopulmonary Bypass Accessory Equipment Market report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the market is growing with a CAGR of 5.8% in the forecast period of 2021 to 2028 and is expected to reach USD 21,139.24 million by 2028.
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Market Overview:
Cardiopulmonary bypass accessory equipment takes over the function of heart and lung during surgery to maintain the required oxygen level in the blood. The blood is then circulated all over the body. The accessory equipment mainly contains oxygenators, pumps, filters, cardioplegia control among others. The equipment removes oxygen-deprived blood from patient’s body and replaces it with oxygen-rich blood. As the equipment act as a support system for the heart and lungs during the surgery, therefore it is also called heart-lung machine.
The growing geriatric population across the globe is expected to act as driver for the cardiopulmonary bypass accessory equipment market. The stringent government regulation is expected to act as a restrain for the growth of the cardiopulmonary bypass accessory equipment market. The increasing awareness program and growing medical tourism are expected to act as an opportunity for the growth of cardiopulmonary bypass accessory equipment market. Shortage of skilled professionals may expected to act as challenge for the growth of cardiopulmonary bypass accessory equipment market.
The major companies dealing in the global cardiopulmonary bypass accessory equipment market are Medtronic, LivaNova PLC, Braile Biomedica, MERA, Technowood International Pte. Ltd., Narang Medical Limited, EUROSETS, Teleflex Incorporated, Getinge AB, Terumo Corporation, Surge Cardiovascular, Abbott, Edwards Lifesciences Corporation, SCHNELL MEDICAL CORP., NIPRO, XENIOS AG (a subsidiary of Fresenius Medical Care AG Co. KGaA), Advin Health Care, Boston Scientific Corporation, APC Cardiovascular Ltd, MicroPort Scientific Corporation, Alung Technologies, Inc., Berlin Heart, Jarvik Heart, Inc., ABIOMED among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Cardiopulmonary Bypass Accessory Equipment Market Scope and Market Size:
Global cardiopulmonary bypass accessory equipment market is categorized into six notable segments which are based on the product, operation, application, age, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the cardiopulmonary bypass accessory equipment market is segmented into oxygenator, ECMO machine, pumps, cannula, temperature monitors, heat exchanger, filters, tubing clamps, hemoconcentrators, system panel, sensor and accessories, cardioplegia control, reservoir, bubble detector, electronic gas blender, electrical venous occluder, venous line clamp and accessories. In 2021, oxygenators segment is expected to dominate the market due to the high prevalence of cardiovascular diseases and growing awareness initiatives by the government.
- On the basis of operation, the cardiopulmonary bypass accessory equipment market is segmented into manually operated, electrically operated and battery operated. In 2021, manually operated segment is expected to dominate the market due to rising demand in market and its efficacy in its application.
- On the basis of application, the cardiopulmonary bypass accessory equipment market is segmented into cardiac surgery, cardiac surgery oxygenators, acute respiratory failure treatment, lung cancer, transplant operation and others. In 2021, cardiac surgery segment is expected to dominate market because due to the rising number of cardiac surgeries performed across the globe.
- On the basis of age, the cardiopulmonary bypass accessory equipment market is segmented into adult, geriatric and pediatric. In 2021, adult segment is expected to dominate market because due to the rising cardiopulmonary disease prevalence.
- On the basis of end user, the cardiopulmonary bypass accessory equipment market is segmented into hospitals, cardiac centers, research and academic institutions, ambulatory surgical centers and others. In 2021, hospitals segment is expected to dominate the market due to the growing demand of the products in the market and strategic initiatives taken by manufacturers to expand the market.
- On the basis of distribution channel, the cardiopulmonary bypass accessory equipment market is segmented into direct tender, third party distributor and retail sales. In 2021, direct tender segment is expected to dominate the market because of large number of players in the market.
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Table of Content:
Chapter 1: Cardiopulmonary Bypass Accessory Equipment Market Overview
Chapter 1.1: Study Assumptions
Chapter 1.2: Scope of the Study
Chapter 2: Cardiopulmonary Bypass Accessory Equipment Market Economic Impact
Chapter 2.1: Analysis Methodology
Chapter 2.2: Research Phases
Chapter 3: Competition by Manufacturers
Chapter 3.1: Current Market Scenario
Chapter 3.2: Value Chain/Supply Chain Analysis
Chapter 3.3: Government Regulations and Initiatives
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 5.1: Market Drivers
Chapter 5.2: Market Restraints/Challenges
Chapter 5.3: Market Opportunities
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Geographic Analyses
Chapter 12: Cardiopulmonary Bypass Accessory Equipment Market Effect Factors Analysis
Chapter 13: Cardiopulmonary Bypass Accessory Equipment Market Forecast
Chapter 14: Future of the Market
Chapter 15: Appendix
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