The factors such as increasing prevalence of cardiovascular diseases across the globe, rapid growth of healthcare and pharmaceutical industries, growing demand for advanced products for organ transplantation, increase in geriatric population, technological developments in the emerging economies and increasing cell-based research activities are anticipated to contribute to the market growth.
New York, July, 2021: Axiom Market Research & Consulting™ added a report on global medical perfusion technology market which includes study on technique, organ type and component across various countries of key regions across the globe. The global medical perfusion technology market was projected to grow at a CAGR of 4.20% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the medical perfusion technology market.
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The report analyses the global medical perfusion technology industry based on technique, organ type, component and geography. Major technique covered in global medical perfusion technology market are hypothermic machine perfusion and normothermic machine perfusion. Based on organ type, market is segmented into heart, lung, kidney and liver. Various components of the market are perfusion pumps, oxygenators, heart-lung machines, monitoring systems, cannulas and others. The global medical perfusion technology market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.
The key competitors of this market include Getinge AB, Medtronic, LivaNova PLC, XVIVO Perfusion, Terumo Cardiovascular Systems Corporation, OrganOx Limited, Waters Medical Systems, TransMedics, Organ Recovery Systems, XENIOS AG, Paragonix Technologies, Shanghai Genext Medical Technology, Transplant Biomedicals SL and Dr. Franz Köhler Chemie GMBH among the others.
Medical Perfusion Technology Market Regional Trends
North America is expected to witness the fastest growth in upcoming years. The US followed by Canada have dominated the market in NA region. The massive presence of various market players across the region is major factor driving behind the market growth in North America. Moreover, rising investment in healthcare and medical devices industries across the region is accelerating the market growth. Ongoing advancements and innovations in these industries to provide various beneficial products to customers is further likely to improve market growth in the NA region.
Medical Perfusion Technology Market Segmental Highlights
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Research Objectives of Medical Perfusion Technology Market Report:
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