Perfusion Market Information, By Type (Cardiopulmonary Bypass, Isolated Limb Perfusion, & Others), By Application (Heart, Lung, & Others), By Device Type (Normothermic Machine Perfusion, & Others), By End User (Hospital, & Others) - Global Forecast Till 2023
ID: MRFR/Pharma/0386-HCR | February 2021 | Region: Global | 80 pages
Market Scenario
Perfusion is a process of delivering oxygenated blood to all tissues. This technique is used in cardiac surgery where perfusion experts employ artificial blood pumps to thrust patients' blood through their body tissue by replacing the function of the heart while the cardiac surgeon operates. Perfusion can be used as chemotherapy technique for the treatment of melanoma occurring in arm or legs. With the help of this technique, flow of blood to and from the limb is stopped for a while by creating a band, and anticancer drugs are put directly in blood of the limb. This helps patients to receive a high dose of drugs in the area where the melanoma had occurred.
Poor perfusion causes numerous severe health problems such as deep vein thrombosis and coronary artery disease. It has been observed that during major surgeries such as cardiothoracic surgeries and organ transplant, maintenance of perfusion is vital and to maintain this many preservation methods are being used. The two most important methods are machine perfusion (MP) and static cold storage (SCS). Although SCS is a highly adopted process for preservation, it is inefficient to maintain normal functioning of organs at high-risk. Hypothermic machine perfusion (HMP) has emerged as an effective solution to curb such problems. Every year more than one hundred thousand perfusion procedures are being performed around the globe.
Rising number of chronic diseases cases such as cardiac diseases, liver and kidney diseases often leads to organ transplant and is one of the major driver of the global perfusion market. Moreover, rising cases of organ failure due to other factors such as improper diet, smoking and consumption of alcohol has led to the demand of effective perfusion systems. As per National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), more than 661,000 Americans have kidney failure which is a major driving force for the global perfusion market. However, lack of awareness regarding perfusion systems in developing countries can limit the growth of this market.
The global perfusion market is growing steadily and is expected to continue its growth during the forecast period. Global perfusion market is expected to grow at the CAGR of 4.1% during the forecast period and is estimated to reach around USD 1,527 million by 2023.
FIGURE 1 GLOBAL PERFUSION MARKET SHARE BY DEVICE TYPE, 2016 (%)
Sources: National Kidney Foundation, Inc., National Center for Biotechnology Information, U.S. National Library of Medicine, National Institute of Diabetes and Digestive and Kidney Diseases (NIH), Directorate of Industries, Annual report, White paper, Company Presentation
Market Assessment
Sources: National Kidney Foundation, Inc., National Center for Biotechnology Information, U.S. National Library of Medicine, National Institute of Diabetes and Digestive and Kidney Diseases (NIH), Directorate of Industries, Annual report, White paper, Company Presentation
Segments
Global perfusion market has been segmented on the basis of type which comprise of cardiopulmonary bypass, extracorporeal membrane oxygenation, isolated limb perfusion and others. Cardiopulmonary bypass is further sub-segmented into heart-lung machines, oxygenators, perfusion pumps, monitoring systems, cannulas, and other components.
On the basis of application, it is segmented into lungs, heart, liver, kidneys and others. On the basis of device type, the market has been segmented into hypothermic machine perfusion, normothermic machine perfusion and others. On the basis of end user, it is segmented into hospital, specialty clinics, medical research centers, academic institutes, and others.
Regional Analysis of Global Perfusion Market
Considering the global scenario of the market, the Americas is the largest market of perfusion. The Americas mainly includes North America and Latin America. North America is a dominating region across the global market. Some major factors like technological advancement and growing number of organ transplants are major driving factors for the growth of the global perfusion market. Europe is the second highest revenue generating region in the global perfusion market. Europe is mainly divided into Eastern Europe and Western Europe. More developed countries of Western Europe like Germany, France and UK are holding major market share while the market in East European countries are also growing significantly. Due to the developing healthcare infrastructure, increasing healthcare expenditure, and growing adoption of new techniques for perfusion and organ preservations has led to the fastest growth of the Asia Pacific perfusion market. Middle East & Africa is expected to grow slow growth in this market. Middle Eastern countries like UAE and Saudi are dominating this market, it is mainly due to availability of top class medical facilities, high income and government support to improve public health.
Key Players of Global Perfusion Market
Some of the key players in this market are Getinge AB (Sweden), Medtronic (Ireland), LivaNova PLC (U.K.), Terumo Medical Corporation (Japan), XENIOS AG (Germany), Lifeline Scientific, Inc. (U.S.), XVIVO Perfusion (Sweden), Repligen Corporation (U.S.), Spectrum Laboratories, Inc. (U.S.), Merck KGaA (Germany), Harvard Bioscience, Inc. (U.S.), Ala Science (U.S.) and others.
Intended Audience
- Perfusion system/device supplies companies
- Perfusion system/device provides
- Medical research laboratories
- Research and development (R&D) companies
- Market research and consulting service providers
- Potential investors
Frequently Asked Questions (FAQ) :
Perfusion is a Process of Delivering Oxygenated Blood to all parts of the Body. Perfusion is Widely Used During Cardiac Medical Procedures to Replace the Function of The Heart, Which Is Being Operated Upon.
Perfusion Market Is Expected To Exhibit A Steady 4.1% Cagr Over The Forecast Period From 2017 To 2023.
The Growing Prevalence of Cardiovascular Diseases Is The Major Driver For The Perfusion Market.
North America is the Dominant Regional Market for Perfusion Technology And Devices.
Leading Players in The Perfusion Market Include Xvivo Perfusion, Livanova Plc, And Medtronic, Among Others.
BRIEF TOC
1. Report Prologue
2. Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Mega Trends
4.5 Macroeconomic Indicators
5. Market Factor analysis
5.1 Value Chain Analysis
5.2 Porter’s Five Forces
5.3 Demand & Supply: Gap Analysis
5.4 Pricing Analysis
5.5 Investment Opportunity Analysis
5.6 Merger and Acquisition Landscape
5.7 Upcoming Trends
5.7.1 Market Trends
5.7.2 Technological Trends
5.7.3 Insurance & Regulations
5.7.4 Others
6. Global Perfusion Market by Type
6.1 Cardiopulmonary Bypass
6.1.1 Heart-Lung Machines
6.1.2 Oxygenators
6.1.3 Perfusion pumps
6.1.4 Monitoring systems
6.1.5 Cannulas
6.1.6 Other components
6.2 Extracorporeal Membrane Oxygenation
6.3 Isolated Limb Perfusion
6.4 Others
7. Global Perfusion Market by Application
7.1 Lungs
7.2 Heart
7.3 Liver
7.4 Kidney
7.5 Others
8. Global Perfusion Market by Device Type
8.1 Hypothermic Machine Perfusion
8.2 Normothermic Machine Perfusion
8.3 Others
9. Global Perfusion Market by End User
9.1 Hospital and clinics
9.2 Specialty Clinics
9.3 Medical Research Centers and Academic Institutes
9.4 Others
10. Global Perfusion Market by Region
10.1 Introduction
10.2 Americas
10.2.1 North America
10.2.1.1 The US
10.2.1.2 Canada
10.2.2 Latin America
10.3 Europe
10.3.1 Western Europe
10.3.1.1 Germany
10.3.1.2 France
10.3.1.3 Italy
10.3.1.4 Spain
10.3.1.5 UK
10.3.1.6 Rest of Western Europe
10.3.2 Eastern Europe
10.4 Asia
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Rest of Asia
10.5 Pacific
10.6 Middle East and Africa
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 Egypt
10.6.4 Rest of Middle East and Africa
11. Competitive Landscape
12. Company Profile
13. Conclusion
13.1 Key findings
13.1.1 From CEO’s viewpoint
13.1.2 Unmet needs of the market
13.2 Key companies to watch
13.3 Prediction of Perfusion Market
14. Appendix
LIST OF TABLES
Table 1 Perfusion Industry Synopsis, 2017 – 2023
Table 2 Global Perfusion Market Estimates and Forecast, 2017 – 2023, (USD Million)
Table 3 Global Perfusion Market by Region, 2017 – 2023, (USD Million)
Table 4 Global Perfusion Market by Type, 2017 – 2023, (USD Million)
Table 5 Global Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 6 Global Perfusion Market by Device Type, 2017 – 2023, (USD Million)
Table 7 Global Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 8 Americas Perfusion Market by Type, 2017 – 2023, (USD Million)
Table 9 Americas Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 10 Americas Perfusion Market by Device Type, 2017 – 2023, (USD Million)
Table 11 Americas Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 12 North America Perfusion Market by Type, 2017 – 2023, (USD Million)
Table 13 North America Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 14 North America Perfusion Market by Device Type, 2017 – 2023, (USD Million)
Table 15 North America Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 16 U.S. Market by Type, 2017 – 2023, (USD Million)
Table 17 U.S. Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 18 U.S. Market by Device Type, 2017 – 2023, (USD Million)
Table 19 U.S Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 20 Canada Market by Type, 2017 – 2023, (USD Million)
Table 21 Canada Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 22 Canada Market by Device Type, 2017 – 2023, (USD Million)
Table 23 Canada Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 24 South America Market by Type, 2017 – 2023, (USD Million)
Table 25 South America Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 26 South America Market by Device Type, 2017 – 2023, (USD Million)
Table 27 South America Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 28 Europe Market by Type, 2017 – 2023, (USD Million)
Table 29 Europe Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 30 Europe Market by Device Type, 2017 – 2023, (USD Million)
Table 31 Europe Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 32 Western Europe Market by Type, 2017 – 2023, (USD Million)
Table 33 Western Europe Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 34 Western Europe Market by Device Type, 2017 – 2023, (USD Million)
Table 35 Western Europe Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 36 Eastern Europe Market by Type, 2017 – 2023, (USD Million)
Table 37 Eastern Europe Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 38 Eastern Europe Market by Device Type, 2017 – 2023, (USD Million)
Table 39 Eastern Europe Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 40 Asia Pacific Market by Type, 2017 – 2023, (USD Million)
Table 41 Asia Pacific Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 42 Asia Pacific Market by Device Type, 2017 – 2023, (USD Million)
Table 43 Asia Pacific Perfusion Market by End Users, 2017 – 2023, (USD Million)
Table 44 Middle East & Africa Market by Type, 2017 – 2023, (USD Million)
Table 45 Middle East & Africa Perfusion Market by Application, 2017 – 2023, (USD Million)
Table 46 Middle East & Africa Market by Device Type, 2017 – 2023, (USD Million)
Table 47 Middle East & Africa Perfusion Market by End Users, 2017 – 2023, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Perfusion Market
Figure 3 Segmentation Market Dynamics for Global Perfusion Market
Figure 4 Global Perfusion market Share, by Type, 2014 to 2023 (USD Million)
Figure 5 Global Perfusion market Share, by Application, 2014 to 2023 (USD Million)
Figure 4 Global Perfusion market Share, by Device Type, 2014 to 2023 (USD Million)
Figure 5 Global Perfusion Market Share, by End Users, 2014 to 2023 (USD Million)
Figure 6 Global Perfusion Market Share, by Region, 2016 (%)
Figure 7 America Perfusion Market Share, by Region, 2016 (%)
Figure 8 North America Perfusion Market Share, by Country, 2016 (%)
Figure 9 Europe Perfusion Market Share, by Country, 2016 (%)
Figure 10 Asia Pacific Perfusion Market Share, by Country, 2016 (%)
Figure 11 Middle East & Africa Perfusion Market Share, by Country, 2016 (%)
Figure 12 Global Perfusion Market: Company Share Analysis, 2016 (%)
Figure 13 Getinge AB: Key Financials
Figure 14 Getinge AB: Segmental Revenue
Figure 15 Getinge AB: Geographical Revenue
Figure 16 Terumo Medical Corporation: Key Financials
Figure 17 Terumo Medical Corporation: Segmental Revenue
Figure 18 Terumo Medical Corporation: Geographical Revenue
Figure 19 Merck KGaA: Key Financials
Figure 20 Merck KGaA: Segmental Revenue
Figure 21 Merck KGaA: Geographical Revenue
Figure 22 XENIOS AG: Key Financials
Figure 23 XENIOS AG: Segmental Revenue
Figure 24 XENIOS AG: Geographical Revenue
Figure 25 Lifeline Scientific Inc.: Key Financials
Figure 26 Lifeline Scientific Inc.: Segmental Revenue
Figure 27 Lifeline Scientific Inc.: Geographical Revenue
