The global cardiopulmonary bypass system market is projected to reach USD 270.9 million by 2033, growing from USD 197.3 million in 2023, reflecting a compound annual growth rate (CAGR) of 3.2% during the forecast period.
Key factors fueling this growth include rising healthcare expenditures aimed at addressing serious cardiac diseases, which are expected to significantly drive the demand for cardiopulmonary bypass systems. As healthcare systems evolve, the growing emphasis on treating severe illnesses such as heart diseases is boosting the adoption of life-saving medical devices, particularly in cardiac surgeries.
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Despite the growing demand, challenges remain in the form of adverse side effects from bypass procedures, which may impact the widespread adoption of these systems. However, significant technological advancements and the increasing volume of surgical procedures are anticipated to provide innovative solutions and counter these concerns, driving market expansion.
Among the various devices within the cardiopulmonary bypass systems, roller pumps are expected to see significant growth. Their cost-effectiveness, simplicity, ease of use, and reliability in flow calculation, alongside their ability to withstand increased resistance without compromising flow, are key advantages that contribute to their rising popularity in the market.
Another factor contributing to market growth is the rising incidence of pulmonary hypertension, especially in lung transplantation procedures. Cardiopulmonary bypass systems are becoming integral in en-bloc double-lung transplants, offering critical support in these high-stakes operations. These procedures are driving further penetration of advanced cardiopulmonary bypass technologies, presenting significant market opportunities.
Moreover, modern cardiopulmonary bypass systems are equipped with continuous monitoring features that track line or circuit pressure, temperature, blood parameters, and other safety-critical aspects. This, coupled with an increase in cardiovascular procedures, is expected to spur further market penetration and overall growth in the coming years.
As the healthcare industry continues to advance, the demand for sophisticated cardiopulmonary bypass systems is poised to grow, offering more effective and reliable options for treating cardiac and pulmonary conditions.
Key Takeaways from the Global Cardiopulmonary Bypass System Market Study Report by FMI
- North America dominates the global cardiopulmonary bypass system market with a 37.2% share, driven by advanced healthcare infrastructure, favorable reimbursement policies, and a high prevalence of cardiovascular diseases.
- Europe holds the second-largest market share at 27.3%, with Germany accounting for 5.8% of the global market.
- Within North America, the United States leads with a commanding 33.5% global share.
- Japan contributes 3.6% to the global market, reflecting steady demand in the Asia-Pacific region.
- Among emerging markets, China (3.9%), India (3.2%), and Australia (2.8%) are expected to witness moderate CAGR growth from 2023 to 2033, indicating rising adoption and healthcare investments.
- The United Kingdom shows a modest growth projection with a 2.3% CAGR during the forecast period.
- By product type, Conventional cardiopulmonary bypass systems lead the market with a 63.8% share, highlighting their continued preference in surgical settings.
- Hospitals remain the dominant end-user segment, accounting for 44.7% of the market, underscoring their central role in cardiac surgical care.
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Competitive Landscape for the Cardiopulmonary Bypass System Market Players
Minnetronix, Transonic, MAQUET Holding, Getinge, Terumo, MicroPort, Xenios, Nipro, Eurosets, OriGen, Thoratec, Tianjin, Olympus, and Haemonetics, among others, are some top market players. These leading industries have been spending heavily on research and development, which has resulted in the release of sophisticated and feature-rich cardiopulmonary bypass systems.
Hospitals and medical facilities worldwide are adopting cardiopulmonary bypass systems into their surgical protocols, encouraging the emergence of regional players. Moreover, to take advantage of the growing demand, existing as well as new players have been increasing their presence in new emerging economies.
Recent Developments by the Cardiopulmonary Bypass System Manufacturing Industries
- In October 2022, Maquet Holdings announced the release of the Cardiohelp 3, a brand-new CPB system created to replace older systems and be more effective and user-friendly. This novel cardiopulmonary bypass system has several advancements, such as a smaller, lighter pump and a more straightforward controller.
- In January 2023, Medtronic announced an acquisition of CardioGenesis, a minimally invasive cardiopulmonary bypass device producer. Through this purchase, it may have access to the technology for the insertion of a catheter-based pump through a tiny incision in the patient’s chest.
Key Segments Profiled in the Cardiopulmonary Bypass System Industry Survey Report
By Product Type:
- Conventional
- Mini
By Modality:
- Standalone
- Portable
By End User:
- Hospitals
- Ambulatory Surgical Centers
- Cardiac Research Centers
By Region:
- North America
- Latin America
- Asia Pacific
- The Middle East and Africa
- Europe
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