Global Pediatric and Adult Hemoconcentrators Market Is Set For Reasonable Growth, To Reach Around USD 12.87 Billion By 2032

25-Jun-2024 | Zion Market Research

Zion Market Research has published a new report titled “Pediatric and Adult Hemoconcentrators Market By Type (Pediatric Hemoconcentrators and Adult Hemoconcentrators), By End-User (Hospitals, Ambulatory Surgical Centers and Other End Users), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032” According to the report, the global pediatric and adult hemoconcentrators market size was valued at approximately USD 9.61 billion in 2023 and is predicted to reach around USD 12.87 billion by the end of 2032, expanding at a CAGR of around 3.3% from 2024 to 2032.

Browse the full “Pediatric and Adult Hemoconcentrators Market By Type (Pediatric Hemoconcentrators and Adult Hemoconcentrators), By End-User (Hospitals, Ambulatory Surgical Centers and Other End Users), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032” Report at https://www.zionmarketresearch.com/report/pediatric-and-adult-hemoconcentrators-market

The demand for pediatric and adult hemoconcentrators market is driven by growing prevalence of cardiac disorders and increasing elderly population worldwide. Additionally, increasing need for advanced fluid management products, increasing R&D spending to bring advanced customizations and need for better patient management are important factors that boost the market growth. However, lack of skilled professionals and complications associated with the hemoconcentrators may limit the market growth over the forecast period. Untapped markets with increasing elderly population and unmet medical needs are estimated to bring growth opportunities over the forecast period for global pediatric and adult hemoconcentrators market.

Global Pediatric and Adult Hemoconcentrators Market

Based on type, global pediatric and adult hemoconcentrators market is segmented into adult hemoconcentrators and pediatric hemoconcentrators. Adult hemoconcentrators type segment accounted for largest market share in 2023 due to increasing cardiovascular disease prevalence among elderly adult population. Pediatric hemoconcentrators segment is expected to witness highest CAGR over the forecast period.

Based on end user, pediatric and adult hemoconcentrators market is categorized into ambulatory surgical centers, hospitals and other end users. Hospitals end user segment held the largest market share in 2023. This is due to increasing patient pool in the hospitals as well as availability of advanced health care infrastructure, availability of funds to buy advanced medical equipment, skilled staff, easy accessibility etc. Ambulatory surgical centers end user segment is projected to witness highest growth over the forecast period. Increasing number of ambulatory surgical centers attribute to this high growth.

North America dominated the global pediatric and adult hemoconcentrators market in 2023. Availability of developed healthcare infrastructure, presence of major players, and increasing research spending are factors driving the market in this region. Europe was second leading regional market. Growing cardiovascular health awareness, favorable reimbursement policies and increasing prevalence of cardiovascular disorders are major factors that boost market growth in this region. Latin America is estimated to exhibit moderate growth over the forecast period. Asia Pacific region will register highest CAGR for pediatric and adult hemoconcentrators market during the forecast period. Growth in number of cardiovascular diseases among adult population due to adoption of sedentary lifestyle, lack of exercise, changing eating habits, increasing geriatric population, growth in healthcare expenditure are factors promoting pediatric and adult hemoconcentrators market growth in Asia Pacific. Middle East and Africa region is projected to show considerable growth in coming years.

Major players included in the report are Sorin, Medtronic, Terumo Cardiovascular Systems, MAQUET, Andocor, Medivators, and Nipro among others.

The report segment of global pediatric and adult hemoconcentrators market as follows:

Global Pediatric and Adult Hemoconcentrators Market: By Type

  • Pediatric Hemoconcentrators
  • Adult Hemoconcentrators

Global Pediatric and Adult Hemoconcentrators Market: By End User

  • Hospitals
  • Ambulatory Surgical Centre
  • Other End Users

Global Pediatric and Adult Hemoconcentrators Market: By Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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