PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1315011

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1315011

Global Heart-lung Machine Market Size study & Forecast, by Component, by Application (Coronary Artery Bypass Grafting, Heart Valve Surgeries, Heart Transplant, Lung Transplant, Others), by End Use, and Regional Analysis, 2023-2030

PUBLISHED: July 20, 2023

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Global Heart-lung Machine Market is valued at approximately USD 2.18 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2023-2030. The heart-lung machine market pertains to the industry involved in the production and distribution of medical devices known as heart-lung machines, which are designed to temporarily take over the function of the heart and lungs during open-heart surgeries, facilitating the circulation of oxygenated blood throughout the body while the patient's heart is temporarily stopped. The Heart-lung Machine Market is being driven by factors such as the increasing number of cardiovascular surgeries and the increasing number of organ transplants.

The heart-lung machine allows surgeons to perform complex cardiac surgeries by maintaining vital organ perfusion and ensuring the patient's oxygenation and circulation are adequately supported during the procedure. According to the National Heart, Lung, and Blood Institute (NIH), more than 2 million people worldwide have open heart surgery each year to treat a range of heart-related conditions. Along with this, Preliminary data from the United Network for Organ Sharing (UNOS), the National Organ Procurement and Transplantation Network in the United States, indicates that in 2022, number of organ transplants were performed. The total number of organ transplants reached 42,887, representing a notable increase of 3.7 percent compared to the previous year 2021. Thus, the increasing number of organ transplants and increasing cardiovascular surgeries fuel the growth of the market. In addition to technology advancement in the heart-lung machine and the increasing aging population are creating lucrative opportunities for the market. However, the complications associated with the use of heart-lung machines may hinder the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Heart-lung Machine Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing prevalence of heart disease, well-developed healthcare infrastructure and aging population in the region. Asia Pacific is considered the fastest growing region during the forecasted period due to growing healthcare infrastructure and large population base.

Major market player included in this report are:

Terumo Europe NV
LivaNova, Inc.
Getinge Group
Braile Biomedica
NIPRO Pharma Corporation.
Tianjin Welcome Medical Equipment Co., Ltd.
ELITE LIFECARE
Hemovent GmbH
MERA (Senko Medical Instrument Mfg. Co., Ltd.)
Technowood International Pte. Ltd.

Recent Developments in the Market:

In September 2022, LivaNova achieved a milestone with its Essenz heart-lung machine (HLM) receiving FDA 510(k) clearance, enabling the company to launch it commercially in the United States. This clearance follows previous approvals by Health Canada and the Japanese PMDA, highlighting LivaNova's global expansion efforts.

Global Heart-lung Machine Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimatio: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Application, End Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Oxygenators
Pumps
Cannula
Monitoring Systems
Heat Exchanger Units
Blood Reservoir
Others

By Application:

Coronary Artery Bypass Grafting (CABG)
Heart Valve Surgeries
Heart Transplant
Lung Transplant
Others

By End Use:

Hospitals
Cardiac Centers
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Heart-lung Machine Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Heart-lung Machine Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Heart-lung Machine Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Heart-lung Machine Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Heart-lung Machine Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Heart-lung Machine Market Dynamics

3.1. Heart-lung Machine Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Cardiovascular Surgeries
  - 3.1.1.2. Increasing Number of Organ Transplants.
- 3.1.2. Market Challenges
  - 3.1.2.1. Complications Associated with use of Heart-Lung Machines
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technology Advancement in Heart-Lung Machine
  - 3.1.3.2. Increasing Aging Population

Chapter 4. Global Heart-lung Machine Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Heart-lung Machine Market, by Component

5.1. Market Snapshot
5.2. Global Heart-lung Machine Market by Component, Performance - Potential Analysis
5.3. Global Heart-lung Machine Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Heart-lung Machine Market , Sub Segment Analysis
- 5.4.1. Oxygenators
- 5.4.2. Pumps
- 5.4.3. Cannula
- 5.4.4. Monitoring Systems
- 5.4.5. Heat Exchanger Units
- 5.4.6. Blood Reservoir
- 5.4.7. Others

Chapter 6. Global Heart-lung Machine Market, by Application

6.1. Market Snapshot
6.2. Global Heart-lung Machine Market by Application, Performance - Potential Analysis
6.3. Global Heart-lung Machine Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Heart-lung Machine Market , Sub Segment Analysis
- 6.4.1. Coronary Artery Bypass Grafting (CABG)
- 6.4.2. Heart Valve Surgeries
- 6.4.3. Heart Transplant
- 6.4.4. Lung Transplant
- 6.4.5. Others

Chapter 7. Global Heart-lung Machine Market, by End Use

7.1. Market Snapshot
7.2. Global Heart-lung Machine Market by End Use, Performance - Potential Analysis
7.3. Global Heart-lung Machine Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4. Heart-lung Machine Market , Sub Segment Analysis
- 7.4.1. Hospitals
- 7.4.2. Cardiac Centers
- 7.4.3. Others

Chapter 8. Global Heart-lung Machine Market , Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Heart-lung Machine Market , Regional Market Snapshot
8.4. North America Heart-lung Machine Market
- 8.4.1. U.S. Heart-lung Machine Market
  - 8.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End Use breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Heart-lung Machine Market
8.5. Europe Heart-lung Machine Market Snapshot
- 8.5.1. U.K. Heart-lung Machine Market
- 8.5.2. Germany Heart-lung Machine Market
- 8.5.3. France Heart-lung Machine Market
- 8.5.4. Spain Heart-lung Machine Market
- 8.5.5. Italy Heart-lung Machine Market
- 8.5.6. Rest of Europe Heart-lung Machine Market
8.6. Asia-Pacific Heart-lung Machine Market Snapshot
- 8.6.1. China Heart-lung Machine Market
- 8.6.2. India Heart-lung Machine Market
- 8.6.3. Japan Heart-lung Machine Market
- 8.6.4. Australia Heart-lung Machine Market
- 8.6.5. South Korea Heart-lung Machine Market
- 8.6.6. Rest of Asia Pacific Heart-lung Machine Market
8.7. Latin America Heart-lung Machine Market Snapshot
- 8.7.1. Brazil Heart-lung Machine Market
- 8.7.2. Mexico Heart-lung Machine Market
8.8. Middle East & Africa Heart-lung Machine Market
- 8.8.1. Saudi Arabia Heart-lung Machine Market
- 8.8.2. South Africa Heart-lung Machine Market
- 8.8.3. Rest of Middle East & Africa Heart-lung Machine Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Terumo Europe NV
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. LivaNova, Inc.
- 9.3.3. Getinge Group
- 9.3.4. Braile Biomedica
- 9.3.5. NIPRO Pharma Corporation.
- 9.3.6. Tianjin Welcome Medical Equipment Co., Ltd.
- 9.3.7. ELITE LIFECARE
- 9.3.8. Hemovent GmbH
- 9.3.9. MERA (Senko Medical Instrument Mfg. Co., Ltd.)
- 9.3.10. Technowood International Pte. Ltd.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Heart-lung Machine Market , report scope
TABLE 2. Global Heart-lung Machine Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Heart-lung Machine Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Heart-lung Machine Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Heart-lung Machine Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 6. Global Heart-lung Machine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Heart-lung Machine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Heart-lung Machine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Heart-lung Machine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Heart-lung Machine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Heart-lung Machine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Heart-lung Machine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Heart-lung Machine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Heart-lung Machine Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Heart-lung Machine Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Heart-lung Machine Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Heart-lung Machine Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Heart-lung Machine Market
TABLE 71. List of primary sources, used in the study of global Heart-lung Machine Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Heart-lung Machine Market , research methodology
FIG 2. Global Heart-lung Machine Market , Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Heart-lung Machine Market , key trends 2022
FIG 5. Global Heart-lung Machine Market , growth prospects 2023-2030
FIG 6. Global Heart-lung Machine Market , porters 5 force model
FIG 7. Global Heart-lung Machine Market , pest analysis
FIG 8. Global Heart-lung Machine Market , value chain analysis
FIG 9. Global Heart-lung Machine Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Heart-lung Machine Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Heart-lung Machine Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Heart-lung Machine Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Heart-lung Machine Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Heart-lung Machine Market , regional snapshot 2020 & 2030
FIG 15. North America Heart-lung Machine Market 2020 & 2030 (USD Billion)
FIG 16. Europe Heart-lung Machine Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Heart-lung Machine Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Heart-lung Machine Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Heart-lung Machine Market 2020 & 2030 (USD Billion)

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

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