(MENAFN- EIN Presswire)
pediatric Perfusion Global market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company's Pediatric Perfusion Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
You Can Now Pre Order Your Report To Get A Swift Deliver With All Your Needs” - The Business Research Company
LONDON, GREATER LONDON, UK, August 12, 2024 /EINPresswire / -- The global pediatric perfusion market is set to grow from $2.52 billion in 2023 to $2.73 billion in 2024, reflecting a compound annual growth rate (CAGR) of 8.4%. The market's robust growth in recent years can be attributed to early advancements in pediatric cardiac surgery, pioneering perfusion techniques, and the evolution of pediatric perfusion equipment. Continued growth is anticipated, with the market projected to reach $3.69 billion by 2028 at a CAGR of 7.8%, driven by the global expansion of pediatric cardiac services and advancements in neuroprotection.
Healthcare Expenditure Drives Market Expansion
The increase in healthcare expenditure is a major driver for the pediatric perfusion market. Higher spending on healthcare allows for the acquisition of advanced medical technologies, including those for pediatric perfusion. For instance, in 2022, the UK spent approximately $355.01 billion on healthcare, reflecting a 0.7% nominal increase from 2021. This increase in funding supports the adoption of state-of-the-art perfusion technologies, enhancing the quality of pediatric cardiac surgeries.
Explore comprehensive insights into the global pediatric perfusion market with a detailed sample report:
sample_request?id=10717&type=smp
Key Players and Market Trends
Leading companies in the pediatric perfusion market include Medtronic PLC, Terumo Cardiovascular Systems Corporation, and LivaNova PLC. These firms are focusing on product innovations to enhance perfusion systems. For example, in March 2023, LivaNova launched the Essenz Heart-Lung Machine in the US, featuring advanced cardiopulmonary bypass capabilities and integration with hospital information systems.
Trends Shaping the Market
Significant trends driving the market include research in pediatric cardiac care, continuous education and training, and the development of pediatric-specific equipment. Innovations such as miniaturized extracorporeal circulation (MECC) systems and advanced oxygenators are gaining popularity. Continuous focus on neuroprotection and evolving cannulation techniques are also shaping the market's future.
Market Segmentation
.By Product: Pediatric Cannulae, Pediatric Centrifugal Blood Pumps, Pediatric Arterial Filters, Hem Concentrators, HMS Plus Hemostasis Management System, Pediatric Oxygenators
.By Procedure Type: Pediatric Cardiac Surgeries, Pediatric Organ Transplantation, Pediatric Extracorporeal Life Support (ECLS)
.By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-Users
Geographical Insights: North America Leads the Market
North America was the largest market for pediatric perfusion in 2023 and is expected to maintain its leading position. The region's extensive healthcare infrastructure and investment in advanced medical technologies contribute to its dominance in the market.
Explore the report store to make a direct purchase of the report
report/pediatric-perfusion-global-market-report
Pediatric Perfusion Global Market Report 2024 from TBRC covers the following information:
.Market size data for the forecast period: Historical and Future
.Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
.Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Pediatric Perfusion Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on pediatric perfusion market size, pediatric perfusion market drivers and trends, pediatric perfusion market major players, competitors' revenues, market positioning, and market growth across geographies. The pediatric perfusion market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
Browse Through More Similar Reports By The Business Research Company:
Pediatric Interventional Cardiology Global Market Report 2024
report/pediatric-interventional-cardiology-global-market-report
Perfusion Systems Global Market Report 2024
report/perfusion-systems-global-market-report
Pediatric Home Healthcare Global Market Report 2024
report/pediatric-home-healthcare-global-market-report
About The Business Research Company?
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company's flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube
MENAFN12082024003118003196ID1108545479
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.