The global artificial heart-lung machine market was worth US$ 281.4 Million in 2018. An artificial heart-lung machine, also known as a cardiopulmonary bypass (CPB) or oxygenator pump, is used during coronary artery bypass, heart and lung transplants, and other cardiac surgeries. It temporarily performs the functions of the heart and lungs to enable the surgeon to operate in motion and bloodless surgical field. These machines consist of a chamber that receives blood, which is then oxygenated and circulated to all body parts. Over the years, these pumps have helped in making significant advances in the management of severe respiratory failure as well as in the field of car-diac surgeries.
In recent years, there has been a significant rise in the number of open-heart surgeries, heart transplants and lung surgeries across the globe. This can primarily be attributed to various environmental and lifestyle changes, which have led to an increase in the prevalence of cardiovascular diseases and the instances of organ failures. Other than this, governments of several developing nations are making efforts for providing improved healthcare facilities to patients, which is driving the demand for artificial heart-lung machines. Furthermore, the market players are investing in research and development activities to modernize the current models of oxygenator pumps. These activities have led to the development of modular heart-lung machines that are cost-effective, safe, and user-friendly in nature. Besides this, these machines also offer flexibility to doctors as they are portable and can be operated on rechargeable batteries. The manufacturers have also made several improvements in CPB pumps to prevent the over-oxygenation of blood. Looking forward, IMARC Group expects the market to reach a value of US$ 410.7 Million by 2024, registering a CAGR of 6.5% during 2019-2024.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Type:
- Single Roller Pump
- Double Roller Pump
- Market Breakup by Application:
- Cardiac Surgeries
- Lung Surgeries
- Acute Respiratory Failure Treatment
- Others
- Market Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
- Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Medtronic Inc, Sorin Group, MAQUET GmbH & Co. KG, Terumo Corporation, C.R. Bard Inc, Tianjin Medical, Edwards Lifesciences, Jarvik Heart, Braile Biomédica, SynCardia, etc.
Key Questions Answered in This Report:
- How has the global artificial heart-lung machine market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global artificial heart-lung machine industry?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the global artificial heart-lung machine industry?
- What are the key driving factors and challenges in the global artificial heart-lung machine industry?
- What is the structure of the global artificial heart-lung machine industry and who are the key players?
- What is the degree of competition in the global artificial heart-lung machine industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Artificial Heart-Lung Machine Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by Application
5.5 Market Breakup by End User
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Type
6.1 Single Roller Pump
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Double Roller Pump
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Cardiac Surgeries
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Lung Surgeries
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Acute Respiratory Failure Treatment
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End User
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ambulatory Surgical Centers
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Medtronic Inc
14.3.2 Sorin Group
14.3.3 MAQUET GmbH & Co. KG
14.3.4 Terumo Corporation
14.3.5 C.R. Bard Inc
14.3.6 Tianjin Medical
14.3.7 Edwards Lifesciences
14.3.8 Jarvik Heart
14.3.9 Braile Biomedica
14.3.10 SynCardia
List of Figures
Figure 1: Global: Artificial Heart-Lung Machine Market: Major Drivers and Challenges
Figure 2: Global: Artificial Heart-Lung Machine Market: Sales Value (in Million US$), 2013 & 2018
Figure 3: Global: Artificial Heart-Lung Machine Market: Breakup by Type (in %), 2018
Figure 4: Global: Artificial Heart-Lung Machine Market: Breakup by Application (in %), 2018
Figure 5: Global: Artificial Heart-Lung Machine Market: Breakup by End User (in %), 2018
Figure 6: Global: Artificial Heart-Lung Machine Market: Breakup by Region (in %), 2018
Figure 7: Global: Artificial Heart-Lung Machine Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 8: Global: Artificial Heart-Lung Machine Industry: SWOT Analysis
Figure 9: Global: Artificial Heart-Lung Machine Industry: Value Chain Analysis
Figure 10: Global: Artificial Heart-Lung Machine Industry: Porter’s Five Forces Analysis
Figure 11: Global: Artificial Heart-Lung Machine (Single Roller Pump) Market: Sales Value (in Million US$), 2013 & 2018
Figure 12: Global: Artificial Heart-Lung Machine (Single Roller Pump) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Artificial Heart-Lung Machine (Double Roller Pump) Market: Sales Value (in Million US$), 2013 & 2018
Figure 14: Global: Artificial Heart-Lung Machine (Double Roller Pump) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Artificial Heart-Lung Machine (Cardiac Surgeries) Market: Sales Value (in Million US$), 2013 & 2018
Figure 16: Global: Artificial Heart-Lung Machine (Cardiac Surgeries) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Artificial Heart-Lung Machine (Lung Surgeries) Market: Sales Value (in Million US$), 2013 & 2018
Figure 18: Global: Artificial Heart-Lung Machine (Lung Surgeries) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Artificial Heart-Lung Machine (Acute Respiratory Failure Treatment) Market: Sales Value (in Million US$), 2013 & 2018
Figure 20: Global: Artificial Heart-Lung Machine (Acute Respiratory Failure Treatment) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Artificial Heart-Lung Machine (Other Applications) Market: Sales Value (in Million US$), 2013 & 2018
Figure 22: Global: Artificial Heart-Lung Machine (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Artificial Heart-Lung Machine (Hospitals and Clinics) Market: Sales Value (in Million US$), 2013 & 2018
Figure 24: Global: Artificial Heart-Lung Machine (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Artificial Heart-Lung Machine (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2013 & 2018
Figure 26: Global: Artificial Heart-Lung Machine (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Artificial Heart-Lung Machine (Other End Users) Market: Sales Value (in Million US$), 2013 & 2018
Figure 28: Global: Artificial Heart-Lung Machine (Other End Users) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: North America: Artificial Heart-Lung Machine Market: Sales Value (in Million US$), 2013 & 2018
Figure 30: North America: Artificial Heart-Lung Machine Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Europe: Artificial Heart-Lung Machine Market: Sales Value (in Million US$), 2013 & 2018
Figure 32: Europe: Artificial Heart-Lung Machine Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Asia Pacific: Artificial Heart-Lung Machine Market: Sales Value (in Million US$), 2013 & 2018
Figure 34: Asia Pacific: Artificial Heart-Lung Machine Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Middle East and Africa: Artificial Heart-Lung Machine Market: Sales Value (in Million US$), 2013 & 2018
Figure 36: Middle East and Africa: Artificial Heart-Lung Machine Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Latin America: Artificial Heart-Lung Machine Market: Sales Value (in Million US$), 2013 & 2018
Figure 38: Latin America: Artificial Heart-Lung Machine Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Artificial Heart-Lung Machine Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Artificial Heart-Lung Machine Market Forecast: Breakup by Type (in Million US$), 2019-2024
Table 3: Global: Artificial Heart-Lung Machine Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 4: Global: Artificial Heart-Lung Machine Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 5: Global: Artificial Heart-Lung Machine Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Artificial Heart-Lung Machine Market Structure
Table 7: Global: Artificial Heart-Lung Machine Market: Key Players