Cardiopulmonary Bypass Accessory Equipment Market Size, Share, Analysis, Trends, Growth, Forecasts, 2032

Cardiopulmonary Bypass Accessory Equipment Industry Prospective:

The cardiopulmonary bypass accessory equipment market size was worth around USD 428.72 Million in 2023 and is predicted to grow to around USD 625.15 Million by 2032 with a compound annual growth rate (CAGR) of roughly 4.28%  between 2024 and 2032.

The report covers a forecast and an analysis of the cardiopulmonary bypass accessory equipment market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints of the cardiopulmonary bypass accessory equipment market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the cardiopulmonary bypass accessory equipment market on a global and regional level.

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In order to give the users of this report a comprehensive view of the cardiopulmonary bypass accessory equipment market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Cardiopulmonary Bypass Accessory Equipment Market: Overview

Cardiopulmonary bypass accessory equipment carries the functions of the lungs and the heart (maintains oxygen and blood circulation in the body) during coronary bypass surgery. Cardiopulmonary bypass accessory equipment mainly comprises two components—pump and oxygenator, which is used to remove oxygen-deprived blood from the patient’s body and replace it with oxygen-enriched blood during the surgery. The cardiopulmonary bypass accessory equipment act as a support system for the heart and lung of the patient’s body during the surgery, therefore it is also called a heart-lung machine. Additionally, cardiopulmonary bypass accessory equipment treats aortic aneurysms, cardiac anomalies, coronary artery bypass grafting (CABG), and among other cardiac disorders.

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The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research& development, and regional expansion of major participants involved in the market on a global and regional basis.

Cardiopulmonary Bypass Accessory Equipment Market: Growth Factors

The cardiopulmonary bypass (CPB) accessory equipment market is experiencing growth due to several key factors that drive demand for advanced medical technologies in cardiovascular surgeries. These growth factors include:

1. Increasing Cardiovascular Disease Prevalence: The rising incidence of cardiovascular diseases (CVDs) such as coronary artery disease, heart failure, and valvular heart diseases is a major driver. As the global population ages and lifestyle-related risk factors such as obesity and hypertension increase, the demand for cardiopulmonary bypass surgeries grows, thus boosting the market for CPB accessory equipment.

2. Technological Advancements: Continuous advancements in medical technology, such as miniaturized, more efficient, and safer CPB machines and related accessories, are improving patient outcomes. Innovations in oxygenators, blood flow monitors, and heart-lung machines contribute to the increased adoption of cardiopulmonary bypass systems, enhancing the market's growth potential.

3. Rising Geriatric Population: The growing elderly population worldwide is more prone to cardiovascular diseases, leading to an increased need for bypass surgeries. As healthcare systems adapt to cater to aging populations, the demand for CPB accessory equipment is expected to rise.

4. Growth in Cardiac Surgery Volumes: The number of cardiac surgeries, including coronary artery bypass grafting (CABG) and valve replacements, is on the rise. This is due to improved healthcare access, increasing awareness of surgical options, and advancements in surgical techniques, further fueling the demand for CPB equipment.

5. Improved Healthcare Infrastructure: Expanding healthcare infrastructure, especially in developing countries, coupled with increased government and private investments in healthcare, is contributing to the growth of the cardiopulmonary bypass accessory equipment market. As more hospitals and cardiac care centers are established, the demand for CPB accessories grows.

6. Awareness and Early Diagnosis: Growing awareness about heart health, along with improvements in diagnostic technologies that enable early detection of cardiovascular conditions, leads to more patients being recommended for surgical interventions. This, in turn, supports the market's expansion as the need for CPB equipment increases.

7. Surge in Minimally Invasive Surgeries: The trend toward minimally invasive surgeries, which can require CPB systems for support, is driving market growth. These procedures, known for their quicker recovery times and reduced complications, are becoming more popular, further boosting demand for CPB accessory equipment.

8. R&D and Innovation: Ongoing research and development in cardiopulmonary bypass technologies, including the development of more efficient and less invasive solutions, is propelling the market forward. Companies are focusing on creating advanced, user-friendly CPB devices that can be integrated seamlessly into modern surgical environments.

These factors collectively contribute to the growing cardiopulmonary bypass accessory equipment market, providing opportunities for innovation and expansion in both developed and emerging healthcare markets.

Cardiopulmonary Bypass Accessory Equipment Market: Segmentation

The global cardiopulmonary bypass accessory equipment market is categorized into product type, application, and end-use.

By Product Type: The cardiopulmonary bypass accessory equipment market is segmented on the basis of product type into single roller pump and double roller pump.

Based on application, the cardiopulmonary bypass accessory equipment market includes acute respiratory failure treatment, lung transplant operation, cardiac surgery, and others.

Based on end-use, the market is fragmented into hospitals, ambulatory care centers, surgical centers, and others. The hospitals segment is expected to show a significant CAGR over the forecast time period.

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further classification into major countries including the U.S., Germany, France, UK, China, Japan, Indi, and Brazil.

Cardiopulmonary Bypass Accessory Equipment Market: Report Scope

Cardiopulmonary Bypass Accessory Equipment Market: Regional Insights

North America is anticipated to be the dominant region in the global cardiopulmonary bypass accessory equipment market over the forecast time period, owing to favorable government policies supporting the invasion of new and advanced treatment procedures, substantial developments in the healthcare infrastructure, and research grant by the government and ruling authorities. Asia Pacific is expected to show the fastest CAGR over the estimated timeframe, due to a large geriatric population base in the Asia Pacific region, especially in India, China, and Japan.

Cardiopulmonary Bypass Accessory Equipment Market: Competitive Space

Some key players of the global cardiopulmonary bypass accessory equipment market include

• MAQUET Holding B.V. & Co. KG.
• LivaNova
• Medtronic
• Tianjin Medical
• BraileBiomedica
• Terumo Corporation
• Sorin Group.
• And Others

This report segments the global cardiopulmonary bypass accessory equipment market into:

Global Cardiopulmonary Bypass Accessory Equipment Market: By Product Type

• Single Roller Pump
• Double Roller Pump

Global Cardiopulmonary Bypass Accessory Equipment Market: By Application

• Lung Transplant Operation
• Acute Respiratory Failure Treatment
• Cardiac Surgery
• Others

Global Cardiopulmonary Bypass Accessory Equipment Market: By End-use

• Hospitals
• Ambulatory Care Centers
• Surgical Centers
• Others

Global Cardiopulmonary Bypass Accessory Equipment market: By Region

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