Perfusion Systems Market was valued at USD 1.07 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030.
The perfusion systems market refers to the segment of the medical device industry that focuses on the development, manufacturing, and distribution of devices and equipment used in extracorporeal circulation during medical procedures, particularly in cardiac surgeries. Perfusion systems are used to temporarily take over the functions of the heart and lungs during these procedures, allowing the surgeon to perform surgeries on the heart or other organs.
Perfusion systems typically consist of a heart-lung machine (also known as a cardiopulmonary bypass machine), which includes a pump, oxygenator, heat exchanger, filters, and monitoring devices. These components work together to circulate and oxygenate the patient’s blood, remove carbon dioxide, maintain temperature, and monitor vital signs.
The primary purpose of perfusion systems is to provide a controlled environment for the surgical team to perform complex procedures on the heart or other organs while maintaining blood circulation and oxygenation. Perfusion systems are commonly used in coronary artery bypass grafting (CABG), heart valve repair or replacement surgeries, congenital heart defect repairs, lung transplants, and other cardiac and thoracic procedures.
The perfusion systems market is driven by several factors, including the increasing prevalence of cardiovascular diseases, the aging population, advancements in surgical techniques, and a growing number of cardiac surgeries performed worldwide. The demand for perfusion systems is also influenced by factors such as healthcare infrastructure, reimbursement policies, and technological advancements in the field.
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Market Segmentations:
Global Perfusion Systems Market: By Company
• Medtronic
• Nipro Corporation
• Getinge AB
• Livanova PLC
• Terumo Corporation
• Repligen Corporation
• Spectrum Laboratories
• Merck KGaA
• Harvard Bioscience
• ALA Scientific Instruments
• Lifeline Scientific
• Xvivo Perfusion
Global Perfusion Systems Market: By Type
• Bioreactor
• Microfluidic
Market: By Application
• Hospitals
• Clinics
Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Perfusion Systems market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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