Market Research Logo

Global Heart-lung Machines Market 2016-2020

Global Heart-lung Machines Market 2016-2020

About the Heart-Lung Machines Market

According to WHO, around 17.5 million people died due to cardiovascular diseases (CVDs) worldwide in 2012. As per the studies conducted by the American Heart Association (AHA) in 2014, deaths due to CVDs are likely to reach 24 million by 2030.

CVDs include disorders associated with heart and blood vessels. Coronary heart disease is a condition in which sufficient amount of blood is not supplied to the heart due to blockage in blood vessels. Congenital heart disease is a type of CVD wherein the structure of the heart is abnormal by birth. Lack of physical activity and unhealthy diet lead to deposition of fatty substances or plaque in blood vessels, leading to coronary heart diseases.

Technavio’s analysts forecast the global heart-lung machines market to grow at a CAGR of 3.67% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global heart-lung machines market for 2016-2020. To calculate the market size, the revenue generated from the sales of various types heart-lung machines is considered. The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Heart-Lung Machines Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Braile Biomédica
  • LivaNova
  • MAQUET
  • Medtronic
  • Terumo Medical
Other prominent vendors
  • Elite Life Care
  • Hemovent
  • Medizintechnik
  • Tianjin Welcome Medical Equipment
Market driver
  • Increased medical tourism in APAC
  • For a full, detailed list, view our report
Market challenge
  • High cost of heart-lung machine and bypass surgery
  • For a full, detailed list, view our report
Market trend
  • Development of modular heart-lung machines
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Heart-Lung Machines Market 2016-2020

Technavio recognizes the following companies as the key players in the global heart-lung machines market: Braile Biomédica, LivaNova, MAQUET, Medtronic, and Terumo Medical.

Other Prominent Vendors in the market are: Elite Life Care, Hemovent, Medizintechnik, and Tianjin Welcome Medical Equipment.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is helping boost market growth is the development of modular heart-lung machines. Hospitals and ASCs prefer modular heart-lung machines as they are user-friendly, cost-effective, and safe, and include features such as rechargeable batteries, thereby offering flexibility to surgeons. Manufacturers such as LivaNova, Terumo Medical, and MAQUET have developed next-generation modular heart-machines, which can be controlled and monitored through a single control panel.”

According to the report, a key growth driver is the increase in medical tourism to APAC countries. The prevalence of CVDs in APAC owing to changing lifestyles in emerging economies such as China and India has increased the demand for cardiac surgeries. These economies are experiencing the growing need for improved healthcare, where more patients are able to access affordable healthcare services. These affordable healthcare services available in APAC attract patients from developed countries such as the UK, Canada, and the US.

Further, the report states that one challenge that could hamper market growth is the high cost of the machine and bypass surgery.

Companies Mentioned

Braile Biomédica, LivaNova, MAQUET, Medtronic, Terumo Medical, Elite Life Care, Hemovent, Medizintechnik, Tianjin Welcome Medical Equipment.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Medical device classification
    • CABG surgery
    • Evolution of heart-lung machines
      • Table Evolution of heart-lung machines
    • Pathway of blood through components of a heart-lung machine during surgery
      • Table Pathway of blood through a heart-lung machine
    • Components of heart-lung machines
      • Table Components of heart-lung machines
  • Buying criteria
    • Table Buying criteria of heart-lung machine
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global heart-lung machines market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Table Global heart-lung machines market by end-user 2015
    • Hospitals
    • ASCs
  • Geographical segmentation
    • Table Global heart-lung machines market by geography 2015
    • Table Global heart-lung machines market by geography 2020
    • Heart-lung machines market in Americas
      • Table Heart-lung machines market in Americas 2015-2020 ($ millions)
    • Heart-lung machines market in EMEA
      • Table Coronary bypass surgery in European countries per 100,000 people 2013
      • Table Heart-lung machines market in EMEA 2015-2020 ($ millions)
    • Heart-lung machines market in APAC
      • Table Heart-lung machines market in APAC 2015-2020 ($ millions)
      • Table Global heart-lung machines market by geography 2015-2020
      • Table Global heart-lung machines market by geography 2015-2020 ($ millions)
  • Market drivers
    • High incidence of cardiac disorders in older adult population
    • Increased medical tourism in APAC
    • Increase in ASCs in the US
      • Table Number of ASCs in the US 2008-2013
    • Awareness initiatives by organizations
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Complications associated with CABG surgeries
    • High cost of heart-lung machine and bypass surgery
      • Table Average price of CABG surgery in various countries 2013 ($ thousands)
    • Availability of minimally and less invasive procedures
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Portable heart-lung machines
    • Development of modular heart-lung machines
    • Increase in M&A
  • Vendor landscape
    • Competitive scenario
    • Braile Biomédica
      • Table Braile Biomédica: Product portfolio
      • Table Braile Biomédica: Key takeaways
    • LivaNova
      • Table LivaNova: Product portfolio
      • Table LivaNova: Segmentation of cardiac surgery business unit by geography 2015
      • Table LivaNova: Key takeaways.
    • MAQUET
      • Table MAQUET: Product portfolio
      • Table MAQUET: Key takeaways
    • Medtronic
      • Table Medtronic: Key takeaways
    • Terumo Medical
      • Table Terumo Medical: Product portfolio
      • Table Terumo Medical: Key takeaways
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report