The cardiopulmonary bypass accessory equipment market size has grown strongly in recent years. It will grow from $14.63 billion in 2023 to $15.6 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth during the historic period can be attributed to heightened awareness of cardiovascular disease, the expansion of specialized cardiothoracic surgery programs, an increasing number of organ transplant survivors, a rise in cardiac illnesses, and an expanding aging population.
The cardiopulmonary bypass accessory equipment market size is expected to see strong growth in the next few years. It will grow to $20.28 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth projected for the forecast period can be attributed to the increasing prevalence of cardiovascular disease, a rise in acute respiratory failure cases, the expansion and modernization of healthcare facilities, growing funding and investments, and a boost in medical tourism. Key trends during this period include the integration of digital health technologies, advancements in miniaturization and portable devices, the use of biocompatible and advanced materials, the incorporation of artificial intelligence, and a surge in product development activities.
The increasing incidence of acute respiratory failure is anticipated to drive the growth of the cardiopulmonary bypass accessory equipment market. Acute respiratory failure occurs when the respiratory system fails to perform its gas exchange functions, such as oxygenation and carbon dioxide removal. This condition is rising due to factors such as an aging population, infectious diseases, and various medical procedures. Cardiopulmonary bypass equipment meets the need for advanced respiratory support by providing comprehensive oxygenation and ventilation management in ICUs and hospitals, effectively addressing complex respiratory distress situations. For example, in April 2024, according to theAustralian Bureau of Statistics reported that there were 361 deaths due to respiratory syncytial virus (RSV) in 2023, compared to 241 in 2022. Thus, the growing prevalence of acute respiratory failure is driving demand for cardiopulmonary bypass accessory equipment.
Leading companies in the cardiopulmonary bypass accessory equipment market are innovating advanced perfusion systems to enhance the safety and effectiveness of cardiopulmonary bypass procedures. These systems feature next-generation heart-lung machines (HLM) and precise sensing technology to facilitate data-driven decision-making and safe CPB management. For instance, in March 2023, LivaNova PLC, a UK-based firm specializing in cardiac surgery devices, introduced the Essenz Heart-Lung Machine (HLM) and Essenz Patient Monitor, collectively known as the Essenz Perfusion System. The Essenz system, built on LivaNova’s established S5 HLM, improves clinical workflows and patient care. It includes features to prevent air bubbles and other emboli from entering the patient's bloodstream, reducing the risk of stroke and other complications. Additionally, it incorporates intra-operative quality indicator thresholds and goal-directed perfusion (GDP) modules for tailored patient care strategies.
In October 2021, MicroPort Scientific Corporation, a China-based medical device company, acquired Hemovent GmbH for $142.8 million. This acquisition allows MicroPort to expand its focus on emergency and critical care by integrating cardiopulmonary bypass (CPB) solutions. Hemovent GmbH, a German company, is known for its innovative extracorporeal life support (ECLS) systems and cardiopulmonary bypass (CPB) technologies used in cardiac surgery.
Major companies operating in the cardiopulmonary bypass accessory equipment market are Abbott, Medtronic, Fresenius Medical Care, Terumo Corporation, Edwards Lifesciences Corporation, B. Braun Medical, NIPRO, Getinge AB, ABIOMED, LivaNova Inc., MicroPort Scientific Corporation, Nonin, Spectrum Medical, Braile Biomédica, Mercury Medical, EUROSETS, Chalice Medical Ltd., Surge Cardiovascular, Andocor, Senko Medical Instrument Mfg. Co. Ltd.
North America was the largest region in the cardiopulmonary bypass accessory equipment market in 2023. The regions covered in the cardiopulmonary bypass accessory equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cardiopulmonary bypass accessory equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cardiopulmonary bypass (CPB) accessory equipment includes devices and instruments used during cardiac surgery with CPB to maintain blood circulation and oxygenation outside the body after the heart has stopped. These accessories manage blood temperature and filter out microemboli, safeguarding the patient's systemic circulation.
The primary product types of cardiopulmonary bypass accessory equipment are single-roller pumps and double-roller pumps. A single-roller pump is a peristaltic pump that employs a single revolving roller to compress a flexible tube and move blood through the circuit. This system replicates the heart's natural pumping action, ensuring a steady blood flow. These pumps can be operated manually, electrically, or by battery and are distributed through various channels, including direct tenders, third-party distributors, and retail sales. They are used in diverse applications, such as lung transplants, acute respiratory failure treatment, cardiac surgeries, and more, serving various end-users such as hospitals, ambulatory care centers, surgical centers, and others.
The cardiopulmonary bypass accessory equipment market research report is one of a series of new reports that provides cardiopulmonary bypass accessory equipment market statistics, including cardiopulmonary bypass accessory equipment industry global market size, regional shares, competitors with a cardiopulmonary bypass accessory equipment market share, detailed cardiopulmonary bypass accessory equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the cardiopulmonary bypass accessory equipment industry. This cardiopulmonary bypass accessory equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cardiopulmonary bypass accessory equipment market consists of sales of heat exchangers, oxygenators, perfusion monitors, flow meters, and pressure regulators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The cardiopulmonary bypass accessory equipment market size is expected to see strong growth in the next few years. It will grow to $20.28 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth projected for the forecast period can be attributed to the increasing prevalence of cardiovascular disease, a rise in acute respiratory failure cases, the expansion and modernization of healthcare facilities, growing funding and investments, and a boost in medical tourism. Key trends during this period include the integration of digital health technologies, advancements in miniaturization and portable devices, the use of biocompatible and advanced materials, the incorporation of artificial intelligence, and a surge in product development activities.
The increasing incidence of acute respiratory failure is anticipated to drive the growth of the cardiopulmonary bypass accessory equipment market. Acute respiratory failure occurs when the respiratory system fails to perform its gas exchange functions, such as oxygenation and carbon dioxide removal. This condition is rising due to factors such as an aging population, infectious diseases, and various medical procedures. Cardiopulmonary bypass equipment meets the need for advanced respiratory support by providing comprehensive oxygenation and ventilation management in ICUs and hospitals, effectively addressing complex respiratory distress situations. For example, in April 2024, according to theAustralian Bureau of Statistics reported that there were 361 deaths due to respiratory syncytial virus (RSV) in 2023, compared to 241 in 2022. Thus, the growing prevalence of acute respiratory failure is driving demand for cardiopulmonary bypass accessory equipment.
Leading companies in the cardiopulmonary bypass accessory equipment market are innovating advanced perfusion systems to enhance the safety and effectiveness of cardiopulmonary bypass procedures. These systems feature next-generation heart-lung machines (HLM) and precise sensing technology to facilitate data-driven decision-making and safe CPB management. For instance, in March 2023, LivaNova PLC, a UK-based firm specializing in cardiac surgery devices, introduced the Essenz Heart-Lung Machine (HLM) and Essenz Patient Monitor, collectively known as the Essenz Perfusion System. The Essenz system, built on LivaNova’s established S5 HLM, improves clinical workflows and patient care. It includes features to prevent air bubbles and other emboli from entering the patient's bloodstream, reducing the risk of stroke and other complications. Additionally, it incorporates intra-operative quality indicator thresholds and goal-directed perfusion (GDP) modules for tailored patient care strategies.
In October 2021, MicroPort Scientific Corporation, a China-based medical device company, acquired Hemovent GmbH for $142.8 million. This acquisition allows MicroPort to expand its focus on emergency and critical care by integrating cardiopulmonary bypass (CPB) solutions. Hemovent GmbH, a German company, is known for its innovative extracorporeal life support (ECLS) systems and cardiopulmonary bypass (CPB) technologies used in cardiac surgery.
Major companies operating in the cardiopulmonary bypass accessory equipment market are Abbott, Medtronic, Fresenius Medical Care, Terumo Corporation, Edwards Lifesciences Corporation, B. Braun Medical, NIPRO, Getinge AB, ABIOMED, LivaNova Inc., MicroPort Scientific Corporation, Nonin, Spectrum Medical, Braile Biomédica, Mercury Medical, EUROSETS, Chalice Medical Ltd., Surge Cardiovascular, Andocor, Senko Medical Instrument Mfg. Co. Ltd.
North America was the largest region in the cardiopulmonary bypass accessory equipment market in 2023. The regions covered in the cardiopulmonary bypass accessory equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cardiopulmonary bypass accessory equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cardiopulmonary bypass (CPB) accessory equipment includes devices and instruments used during cardiac surgery with CPB to maintain blood circulation and oxygenation outside the body after the heart has stopped. These accessories manage blood temperature and filter out microemboli, safeguarding the patient's systemic circulation.
The primary product types of cardiopulmonary bypass accessory equipment are single-roller pumps and double-roller pumps. A single-roller pump is a peristaltic pump that employs a single revolving roller to compress a flexible tube and move blood through the circuit. This system replicates the heart's natural pumping action, ensuring a steady blood flow. These pumps can be operated manually, electrically, or by battery and are distributed through various channels, including direct tenders, third-party distributors, and retail sales. They are used in diverse applications, such as lung transplants, acute respiratory failure treatment, cardiac surgeries, and more, serving various end-users such as hospitals, ambulatory care centers, surgical centers, and others.
The cardiopulmonary bypass accessory equipment market research report is one of a series of new reports that provides cardiopulmonary bypass accessory equipment market statistics, including cardiopulmonary bypass accessory equipment industry global market size, regional shares, competitors with a cardiopulmonary bypass accessory equipment market share, detailed cardiopulmonary bypass accessory equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the cardiopulmonary bypass accessory equipment industry. This cardiopulmonary bypass accessory equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cardiopulmonary bypass accessory equipment market consists of sales of heat exchangers, oxygenators, perfusion monitors, flow meters, and pressure regulators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cardiopulmonary Bypass Accessory Equipment Market Characteristics3. Cardiopulmonary Bypass Accessory Equipment Market Trends and Strategies32. Global Cardiopulmonary Bypass Accessory Equipment Market Competitive Benchmarking33. Global Cardiopulmonary Bypass Accessory Equipment Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cardiopulmonary Bypass Accessory Equipment Market
4. Cardiopulmonary Bypass Accessory Equipment Market - Macro Economic Scenario
5. Global Cardiopulmonary Bypass Accessory Equipment Market Size and Growth
6. Cardiopulmonary Bypass Accessory Equipment Market Segmentation
7. Cardiopulmonary Bypass Accessory Equipment Market Regional and Country Analysis
8. Asia-Pacific Cardiopulmonary Bypass Accessory Equipment Market
9. China Cardiopulmonary Bypass Accessory Equipment Market
10. India Cardiopulmonary Bypass Accessory Equipment Market
11. Japan Cardiopulmonary Bypass Accessory Equipment Market
12. Australia Cardiopulmonary Bypass Accessory Equipment Market
13. Indonesia Cardiopulmonary Bypass Accessory Equipment Market
14. South Korea Cardiopulmonary Bypass Accessory Equipment Market
15. Western Europe Cardiopulmonary Bypass Accessory Equipment Market
16. UK Cardiopulmonary Bypass Accessory Equipment Market
17. Germany Cardiopulmonary Bypass Accessory Equipment Market
18. France Cardiopulmonary Bypass Accessory Equipment Market
19. Italy Cardiopulmonary Bypass Accessory Equipment Market
20. Spain Cardiopulmonary Bypass Accessory Equipment Market
21. Eastern Europe Cardiopulmonary Bypass Accessory Equipment Market
22. Russia Cardiopulmonary Bypass Accessory Equipment Market
23. North America Cardiopulmonary Bypass Accessory Equipment Market
24. USA Cardiopulmonary Bypass Accessory Equipment Market
25. Canada Cardiopulmonary Bypass Accessory Equipment Market
26. South America Cardiopulmonary Bypass Accessory Equipment Market
27. Brazil Cardiopulmonary Bypass Accessory Equipment Market
28. Middle East Cardiopulmonary Bypass Accessory Equipment Market
29. Africa Cardiopulmonary Bypass Accessory Equipment Market
30. Cardiopulmonary Bypass Accessory Equipment Market Competitive Landscape and Company Profiles
31. Cardiopulmonary Bypass Accessory Equipment Market Other Major and Innovative Companies
35. Cardiopulmonary Bypass Accessory Equipment Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cardiopulmonary Bypass Accessory Equipment Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cardiopulmonary bypass accessory equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for cardiopulmonary bypass accessory equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Single Roller Pump; Double Roller Pump2) By Operation: Manually Operated; Electrically Operated; Battery Operated
3) By Distribution Channel: Direct Tender; Third-Party Distributor; Retail Sales
4) By Application: Lung Transplant Operation; Acute Respiratory Failure Treatment; Cardiac Surgery; Other Applications
5) By End-Use: Hospitals; Ambulatory Care Centers; Surgical Centers; Other End-Uses
Key Companies Mentioned: Abbott; Medtronic; Fresenius Medical Care; Terumo Corporation; Edwards Lifesciences Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Abbott
- Medtronic
- Fresenius Medical Care
- Terumo Corporation
- Edwards Lifesciences Corporation
- B. Braun Medical
- NIPRO
- Getinge AB
- ABIOMED
- LivaNova Inc.
- MicroPort Scientific Corporation
- Nonin
- Spectrum Medical
- Braile Biomédica
- Mercury Medical
- EUROSETS
- Chalice Medical Ltd.
- Surge Cardiovascular
- Andocor
- Senko Medical Instrument Mfg. Co. Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | September 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 15.6 Billion |
Forecasted Market Value ( USD | $ 20.28 Billion |
Compound Annual Growth Rate | 6.8% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |