Global Artificial Heart-Lung Machine Market Anticipated To Reach Over USD 608.56 Million by 2032

As per analysts at Zion Market Research, the global Artificial Heart-Lung Machine Market, estimating its value at USD 387.2 Million in 2023, with projections indicating that it will reach USD 608.56 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.6% over the forecast period 2024-2032. In the last few years, there has been a noteworthy surge in the number of open-heart surgeries, lung surgeries, and heart transplants globally. This can mainly be accredited to wide-ranging environmental & lifestyle changes, which have resulted in an augment in the incidence of cardiovascular diseases and the events of organ failures. Contrary to this, governments of many developing countries are making efforts for improved healthcare infrastructure for patients, which is likely to drive the demand for artificial heart-lung machines.

Some of the prominent players in the market are Sorin Group, Medtronic Inc, Terumo Corporation, MAQUET GmbH & Co. KG, Tianjin Medical, C.R. Bard Inc, Jarvik Heart, Edwards Lifesciences, SynCardia, and Braile Biomedica.

Surging Incidence Of Cardiac Surgeries To Accelerate The Growth Of Global Artificial Heart-Lung Machine Market

The global artificial heart-lung machine market is mainly propelled by an augment in the number of cardiac surgeries, increasing cases of heart transplants, the surging incidence of complex lung surgeries, higher rate of identification and treatment of cardiovascular disease, and advancement in health care infrastructure. On the other hand, the expansion of the global heart-lung machine market might be hindered by the higher price of the machine & perils of cardiopulmonary bypass—acute kidney injury, blood clots, and improper heart-lung function—in the upcoming years. Nonetheless, partnerships of key players, growing research & development investment by key players and technical developments are expected to present attractive prospects to the global artificial heart-lung machine market over the forecasted period.

The global artificial heart-lung machine market is bifurcated on the basis of type, application, and regional analysis. Based on the type, the market is divided into single roller pump and double roller pump. On the account of application, the market is divided into lung transplantation operations, cardiac surgery, acute respiratory failure treatment, and others.

Asia Pacific Region Expected To Dominate The Global Artificial Heart-Lung Machine Market

Based on geographical analysis, the global artificial heart-lung machine market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The artificial heart-lung machine market across the North America region contributed to a major market share in 2017 owing to a surge in the number of lung transplants, heart transplants, and cardiac surgeries as well as strong health care infrastructure. Also, the Europe region held a key share of the market in 2017 due to an augment in cardiac surgeries, mount in the number of transplantation cases, the incidence of key market players, and strong health care infrastructure. Increasing population, growing cardiovascular diseases, growth in health care infrastructure and the existence of top market players & domestic companies are expected to drive the artificial heart-lung machine market across the Asia Pacific region.

Browse the full “Artificial Heart-Lung Machine Market - By Type (Single Roller Pump And Double Roller Pump), By Application (Lung Transplantation Operations, Cardiac Surgery, Acute Respiratory Failure Treatment, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/artificial-heart-lung-machine-market

The global artificial heart-lung machine market is segmented as follows:

By type:

• Single Roller Pump
• Double Roller Pump

By application:

• Lung Transplantation Operations
• Cardiac Surgery
• Acute Respiratory Failure Treatment
• Others

By region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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