Adult and Pediatric Hemoconcentrators Market | Insights, Competitive Landscape and Forecast 2022-2030
The Adult and Pediatric Hemoconcentrators Market is anticipated to record a CAGR of 3%
during the forecast period, to reach a valuation of US$ 14.1 Mn by 2027.
Sales of adult and pediatric hemoconcentrators are expected to rise
as perfusionists and surgeons are increasingly relying on hemoconcentrators to
maintain higher hematocrit levels during cardiopulmonary surgery. In addition
to this, demand for
adult and pediatric hemoconcentrators is rising on account
of heart diseases becoming more common over the world.
The increasing frequency of cardiovascular disorders in
low-income nations has prompted an emphasis on cardiac care, which is projected
to contribute to the growth of the adult
and pediatric hemoconcentrators market share.
The report sheds light on the factors improving the sales of adult and pediatric
hemoconcentrators and, in turn, the opportunities for the
market players. However, the adult
and pediatric hemoconcentrators market also face some
challenges, limiting the adult
and pediatric hemoconcentrators market share from reaching
its potential.
Some of the key adult
and pediatric hemoconcentrators maret trends promoting
the demand for adult
and pediatric hemoconcentrators include growing public
knowledge of the virus's harmful effects on organs such as the lungs and heart,
which may aid a faster industry recovery from the pandemic in the near future.
The growing number of cardiac bypass surgery patients and the
increased need for technologically enhanced fluid management products are
driving the global adult and pediatric hemoconcentrators market.
Other factors projected to enhance market expansion include
various government efforts, an aging population, and more research and
development activities. On the other hand, the availability of
hemoconcentration alternatives, the numerous difficulties connected with
hemoconcentration, and a lack of knowledge are all crucial issues that could
slow the global market's growth.
What are the Key Drivers to the Adult
And Pediatric Hemoconcentrators Market Share?
Surgeons have preferred the hemoconcentration method for
controlling hemodilution during cardiopulmonary surgery. This process also
helps maintain higher hematocrit levels and reduces the need for additional
blood products during and after bypass surgery. The usage of hemoconcentration
during cardiac bypass surgery is increasing continuously, and so is the demand
for adult and pediatric hemoconcentrators.
The hemoconcentrators help decrease the risk after
post-operative bleeding and reduce the need for homologous blood and blood
products, leading to a rise in demand
for adult and pediatric hemoconcentrators. The
hemoconcentrators come with different sized and glycerine-free polysulfone
membranes for excellent biocompatibility. It also helps to easy insertion and
maintain higher hematocrit and fluid levels.
According to the WHO, approximately 17.3 million people died
from CVDs in 2008 globally, and the number is expected to increase by 23.6
million by 2030. Globally, with the increasing number of patients with cardiac
diseases, demand a cost-effective method of processing hemodiluted blood.
The aging population is increasing, which results in the sales of adult and pediatric
hemoconcentrators also rising.
An increasing number of patients with cardiac bypass surgery,
rising demand for technologically advanced fluid management products,
increasing research and development activities, government initiatives, and a
growing aging population are some of the factors that drive the sales of adult and pediatric hemoconcentrators.
However, the availability of substitutes for hemoconcentrators
acts as an inhibitor for this market, which might limit the sales of adult and pediatric
hemoconcentrators.
Which is the Leading Region in the
Adult and Pediatric Hemoconcentrators Market?
The global adult
and pediatric hemoconcentrators market are expected to
register a healthy CAGR for the forecast period with a stable demand for adult and pediatric hemoconcentrators.
Depending on geographic regions, the global adult and pediatric
hemoconcentrators market are segmented into seven key regions: North America,
South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan,
Japan and Middle East & Africa.
North America, followed by Europe, dominates the sales of adult and pediatric
hemoconcentrators due to the increasing number of patients
with cardiac bypass, growing aging population, developed healthcare
infrastructure and growing demand
for adult
and pediatric hemoconcentrators in these regions.
Asia Pacific is the fastest emerging market with high sales of adult and pediatric hemoconcentrators due
to the growing patient population with cardiac diseases, increasing awareness
about advanced fluid management products available in the market, developing
healthcare infrastructure and rising government spending in the healthcare
industry in this region.
Who are the Key Players in the Adult And Pediatric Hemoconcentrators
Market?
Some of the key market
players in the global adult
and pediatric hemoconcentrators market are Sorin Group,
Medivators Inc., Terumo Cardiovascular Systems Corporation, MAQUET Holding B.V.
& Co. K.G. and Andocor Nv.
Get Full Report@ https://www.futuremarketinsights.com/reports/adult-pediatric-hemoconcentrators-market
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