Market Overview:
The global heart lung machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiac diseases and respiratory failures, rising awareness about early diagnosis and treatment of these conditions, and technological advancements in heart lung machines. Based on type, the global heart lung machine market is segmented into single roller pump heart lung machines and double roller pump heart lung machines. Single roller pump heart Lung machines are more common than double roller pumps due to their lower cost and easy maintenance. However, double roller pumps are gaining popularity due to their higher efficiency in pumping blood out of the body. Based on application, the global market is segmented into cardiac surgery, lung transplant operation, acute respiratory failure treatment, and other applications such as neonatal care and extracorporeal membrane oxygenation (ECMO). Cardiac surgery is by far the largest application for heart Lung Machines with a majority of procedures being performed for coronary artery bypass grafting (CABG) surgeries.
Product Definition:
A heart lung machine (HLM) is a device used in cardiac surgery to support the circulatory system during surgery. It replaces both the heart and lungs by providing oxygenated blood to the body. The HLM is often used during coronary artery bypass grafting (CABG), a procedure in which blocked arteries are bypassed with veins from other parts of the body.
Single Roller Pump Heart Lung Machine:
Single roller pump heart lung machine is a kind of artificial ventilator which uses one-sided centrifugal pump as its main working part. It’s used to assist breathing and automate the process of respiration in patients suffering from respiratory failure.
This device has no moving parts, so it’s free from mechanical failures and can provide constant oxygen flow without any interruption due to cleaning or maintenance.
Double Roller Pump Heart Lung Machine:
Double roller pump heart lung machine is used to drain blood from the patient's heart and lungs. It is also known as a blood centrifuge or blood separator. The machine consists of two rollers, one of which is fixed and the other can move freely within its track. As the name suggests, this device separates or centrifuges out the liquid in question by using two rollers working simultaneously.
Application Insights:
The other application segment includes the treatment of respiratory failure, cardiac surgery and lung transplant operation. The acute respiratory failure treatment segment dominated the global market in terms of revenue in 2017 owing to a large number of patients suffering from asthma, COPD and other lung diseases requiring artificial ventilation. According to estimates reported by Global Burden of Disease Study, COPD is the third leading cause of death worldwide with around 603 million people estimated to be living with this condition globally. In addition, as per European Respiratory Society (ERS), over 1 billion prescriptions for long-term bronchodilators are written every year globally which points towards an alarming rise in chronic obstructive pulmonary disease (COPD). Therefore, demand for heart-lung machines is expected to increase during 2018-2030 period due largely due these factors.
Regional Analysis:
North America dominated the global market in 2017 owing to factors such as favorable reimbursement policies, increasing government initiatives, and high healthcare expenditure. For instance, Medicare covers 80% of the cost for heart lung machines and other supportive devices used during heart transplantation operations. Moreover, according to a study published in Health Economics Review in 2015; every year around 3 million people suffer from respiratory failure requiring mechanical ventilation which costs around USD X billion in U.S., thus driving the demand for heart lung machines market growth.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to factors such as improving healthcare infrastructure & availability of highly skilled physicians & surgeons along with growing patient awareness levels regarding organ donation & transplantation procedures leading to an increase in demand for HLMs procedure rates over this region are anticipated from 2018-2030 The key players operating within Asia Pacific include Medtronic plc.; Stryker Corporation; Koninklijke Philips N.V.
Growth Factors:
- Increasing incidence of respiratory diseases: The global prevalence of respiratory diseases is increasing due to the changing lifestyle and environmental factors. This is expected to drive the demand for heart lung machines in the coming years.
- Technological advancements: The development of new technologies and devices for heart lung machines is expected to fuel the growth of this market in the near future.
- Growing geriatric population: The geriatric population is more prone to respiratory diseases, which is expected to increase the demand for heart lung machines in the coming years.
- Rising healthcare expenditure: The increasing healthcare expenditure worldwide will lead to an increase in demand for advanced medical devices such as heart lung machines, thereby driving market growth during forecast period. 5) Increasing awareness about cardiac health: There has been a rise in awareness about cardiac health among people across all age groups, which is likely to result in an increased demand for heart lung machines over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Heart Lung Machine Market Research Report
By Type
Single Roller Pump Heart Lung Machine, Double Roller Pump Heart Lung Machine
By Application
Cardiac Surgery, Lung Transplant Operation, Acute Respiratory Failure Treatment, Other
By Companies
Sorin, MAQUET, Medtronic, Terumo, Braile Biomedica, Tianjin Medical, ...
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Heart Lung Machine Market Report Segments:
The global Heart Lung Machine market is segmented on the basis of:
Types
Single Roller Pump Heart Lung Machine, Double Roller Pump Heart Lung Machine
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
Cardiac Surgery, Lung Transplant Operation, Acute Respiratory Failure Treatment, Other
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
- MAQUET
- Medtronic
- Terumo
- Braile Biomedica
- Tianjin Medical
- ...
Highlights of The Heart Lung Machine 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:
- Single Roller Pump Heart Lung Machine
- Double Roller Pump Heart Lung Machine
- By Application:
- Cardiac Surgery
- Lung Transplant Operation
- Acute Respiratory Failure Treatment
- Other
- 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 Heart Lung Machine 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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 heart lung machine is a medical device that helps to improve the oxygenation of the blood by extracting air from the lungs and breathing it into the patient's bloodstream.
Some of the major players in the heart lung machine market are Sorin, MAQUET, Medtronic, Terumo, Braile Biomedica, Tianjin Medical.
The heart lung machine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heart Lung Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heart Lung Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heart Lung Machine Market - Supply Chain
4.5. Global Heart Lung Machine Market Forecast
4.5.1. Heart Lung Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heart Lung Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heart Lung Machine Market Absolute $ Opportunity
5. Global Heart Lung Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heart Lung Machine Market Size and Volume Forecast by Type
5.3.1. Single Roller Pump Heart Lung Machine
5.3.2. Double Roller Pump Heart Lung Machine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heart Lung Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heart Lung Machine Market Size and Volume Forecast by Application
6.3.1. Cardiac Surgery
6.3.2. Lung Transplant Operation
6.3.3. Acute Respiratory Failure Treatment
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heart Lung Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heart Lung Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heart Lung Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heart Lung Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heart Lung Machine Demand Share Forecast, 2019-2029
9. North America Heart Lung Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heart Lung Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heart Lung Machine Market Size and Volume Forecast by Application
9.4.1. Cardiac Surgery
9.4.2. Lung Transplant Operation
9.4.3. Acute Respiratory Failure Treatment
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heart Lung Machine Market Size and Volume Forecast by Type
9.7.1. Single Roller Pump Heart Lung Machine
9.7.2. Double Roller Pump Heart Lung Machine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heart Lung Machine Demand Share Forecast, 2019-2029
10. Latin America Heart Lung Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heart Lung Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heart Lung Machine Market Size and Volume Forecast by Application
10.4.1. Cardiac Surgery
10.4.2. Lung Transplant Operation
10.4.3. Acute Respiratory Failure Treatment
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heart Lung Machine Market Size and Volume Forecast by Type
10.7.1. Single Roller Pump Heart Lung Machine
10.7.2. Double Roller Pump Heart Lung Machine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heart Lung Machine Demand Share Forecast, 2019-2029
11. Europe Heart Lung Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heart Lung Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heart Lung Machine Market Size and Volume Forecast by Application
11.4.1. Cardiac Surgery
11.4.2. Lung Transplant Operation
11.4.3. Acute Respiratory Failure Treatment
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heart Lung Machine Market Size and Volume Forecast by Type
11.7.1. Single Roller Pump Heart Lung Machine
11.7.2. Double Roller Pump Heart Lung Machine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heart Lung Machine Demand Share, 2019-2029
12. Asia Pacific Heart Lung Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heart Lung Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heart Lung Machine Market Size and Volume Forecast by Application
12.4.1. Cardiac Surgery
12.4.2. Lung Transplant Operation
12.4.3. Acute Respiratory Failure Treatment
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heart Lung Machine Market Size and Volume Forecast by Type
12.7.1. Single Roller Pump Heart Lung Machine
12.7.2. Double Roller Pump Heart Lung Machine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heart Lung Machine Demand Share, 2019-2029
13. Middle East & Africa Heart Lung Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heart Lung Machine Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heart Lung Machine Market Size and Volume Forecast by Application
13.4.1. Cardiac Surgery
13.4.2. Lung Transplant Operation
13.4.3. Acute Respiratory Failure Treatment
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heart Lung Machine Market Size and Volume Forecast by Type
13.7.1. Single Roller Pump Heart Lung Machine
13.7.2. Double Roller Pump Heart Lung Machine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heart Lung Machine Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Heart Lung Machine Market: Market Share Analysis
14.2. Heart Lung Machine Distributors and Customers
14.3. Heart Lung Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sorin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MAQUET
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Medtronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Terumo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Braile Biomedica
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tianjin Medical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook