Market Overview:
The global cardiopulmonary bypass system market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in cardiopulmonary bypass systems, and rising demand for minimally invasive surgeries. Based on type, the global cardiopulmonary bypass system market is segmented into conventional cardiopulmonary bypass system and mini cardiopulmonary bypass system. The conventional cardiopulmonary bypass system segment is further divided into single pump and double pump systems. The miniaturized or portable CPB systems are used for off-pump coronary artery surgery (OPCAB), beating heart surgery (BHS), or low-risk procedures such as carotid endarterectomy (CEA) and peripheral vascular interventions (PVI). In terms of application, the global CPB market is segmented into hospitals, clinics, ambulatory surgical centers, and others. Geographically, the global CPB market is segmented into North America, Latin America Europe Asia Pacific Middle East & Africa .
Product Definition:
The Cardiopulmonary Bypass System (CPBS) is a device that helps to circulate blood and oxygen throughout the body during surgery. The system consists of a pump, tubing, and filters that help keep the blood moving while the heart is stopped. This allows surgeons to work on the heart without interrupting blood flow.
Conventional Cardiopulmonary Bypass System:
Conventional Cardiopulmonary Bypass System, also known as CPBS or cardiopulmonary bypass is a surgical procedure that involves the temporary closure of the blood vessels that supply oxygen-poor blood to an organ, in this case the heart. The other end of the system is connected to a machine which takes over and provides enough oxygen for body function.
Mini Cardiopulmonary Bypass System:
The mini-CBP system is used in cardiopulmonary bypass procedures. It helps to keep the blood flowing through the body and lungs during cardiac surgery. The device consists of a pump, pressure monitoring lines, and a filter that removes particulate matter from the blood stream.
Application Insights:
The hospitals segment dominated the global cardiopulmonary bypass system market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to a large number of procedures that require CABG surgery, increasing prevalence of cardiac diseases, and rising awareness about these surgeries among individuals who have risk factors for heart diseases.
According to data published by National Cholesterol Education Program (NCEP) in 2016, out of all deaths caused by coronary heart disease globally around 90% take place in low- and middle-income countries. Moreover, according to NCEP guidelines individual with diabetes mellitus are at high risk for developing cardiovascular diseases as compared with non-diabetic people due to increased levels of blood cholesterol and blood pressure among them.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing cardiac surgeries, favorable reimbursement policies, and rising awareness about CABG procedures. Moreover, growing preference for minimally invasive surgeries is also expected to drive the demand for CABG procedures and hence cardiopulmonary bypass systems in this region over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure and economic development in emerging countries like India & China which are majorly driven by a rise in cardiovascular diseases (CVDs). Furthermore, an increase in per capita income has led to an improvement of medical facilities including hospitals & clinics that are equipped with advanced technologies offering various surgical treatments such as coronary bypass or valve replacement surgery etc., thereby driving upcardiopulmonary bypass system demand over the projected time frame.
Growth Factors:
- Technological advancements in the field of cardiopulmonary bypass systems that can improve the quality of patient care.
- Increasing incidence of cardiovascular diseases and other respiratory disorders that require cardiopulmonary bypass procedures.
- Growing demand for minimally invasive surgeries, which can be performed using cardiopulmonary bypass systems.
- Rising healthcare expenditure by governments and private players to support the development of advanced medical technologies such as cardiopulmonary bypass systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cardiopulmonary Bypass System Market Research Report
By Type
Conventional Cardiopulmonary Bypass System, Mini Cardiopulmonary Bypass System
By Application
Hospitals, Clinics, Ambulatory Surgical Centers
By Companies
Sorin Group, Braile Biomedica, Transonic, Spectrum Medical, Minnetronix, Medtronic, MAQUET Holding
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Cardiopulmonary Bypass System Market Report Segments:
The global Cardiopulmonary Bypass System market is segmented on the basis of:
Types
Conventional Cardiopulmonary Bypass System, Mini Cardiopulmonary Bypass System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Ambulatory Surgical Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sorin Group
- Braile Biomedica
- Transonic
- Spectrum Medical
- Minnetronix
- Medtronic
- MAQUET Holding
Highlights of The Cardiopulmonary Bypass System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional Cardiopulmonary Bypass System
- Mini Cardiopulmonary Bypass System
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cardiopulmonary Bypass System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cardiopulmonary bypass system (CPBS) is a medical device that helps to maintain blood flow to the heart and lungs. CPBS can be used in cases of severe heart failure or when other treatments, such as surgery, are not an option.
Some of the major companies in the cardiopulmonary bypass system market are Sorin Group, Braile Biomedica, Transonic, Spectrum Medical, Minnetronix, Medtronic, MAQUET Holding.
The cardiopulmonary bypass system market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cardiopulmonary Bypass System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cardiopulmonary Bypass System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cardiopulmonary Bypass System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cardiopulmonary Bypass System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cardiopulmonary Bypass System Market Size & Forecast, 2020-2028
4.5.1 Cardiopulmonary Bypass System Market Size and Y-o-Y Growth
4.5.2 Cardiopulmonary Bypass System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Conventional Cardiopulmonary Bypass System
5.2.2 Mini Cardiopulmonary Bypass System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cardiopulmonary Bypass System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cardiopulmonary Bypass System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Conventional Cardiopulmonary Bypass System
9.6.2 Mini Cardiopulmonary Bypass System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Conventional Cardiopulmonary Bypass System
10.6.2 Mini Cardiopulmonary Bypass System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Conventional Cardiopulmonary Bypass System
11.6.2 Mini Cardiopulmonary Bypass System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Conventional Cardiopulmonary Bypass System
12.6.2 Mini Cardiopulmonary Bypass System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Conventional Cardiopulmonary Bypass System
13.6.2 Mini Cardiopulmonary Bypass System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cardiopulmonary Bypass System Market: Competitive Dashboard
14.2 Global Cardiopulmonary Bypass System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sorin Group
14.3.2 Braile Biomedica
14.3.3 Transonic
14.3.4 Spectrum Medical
14.3.5 Minnetronix
14.3.6 Medtronic
14.3.7 MAQUET Holding
