Global Centrifugal Blood Pumps Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3600/- USD | Published Date: July 15, 2021 |

The global centrifugal blood pumps market size is estimated to expand at a significant CAGR of over 5% during the forecast period from 2021 to 2027. The rapid growth in heart surgeries around the world is a primary factor to drive the market growth. According to the Centers for Disease Control and Prevention (CDC), around 655,000 Americans die every year in the United States due to heart disease and coronary heart disease is one of the most common among them.

The increasing incidence of cardiac disorders and heart transplants is expected to increase the demand for centrifugal blood pumps over the forecast years. Moreover, the increasing demand for cardiac assist devices for the treatment of cardiopulmonary bypass is expected to drive the market growth over the forecast period.

Market Segment Insights:

The global centrifugal blood pumps market is bifurcated into type, end-user, and geography. On the basis of type, the market is further segmented into electronic and mechanical. The electronic segment held the largest market share of around three-fourth share of the market in 2020 and is expected to maintain its dominance over the forecast period. On the other hand, the mechanical segment is accounted to expand at a massive growth rate over the forecast period.

Based on the end-user, the market is further segmented into hospitals, ambulatory surgical centers, specialty clinics, and others. The hospital segment dominated the global centrifugal blood pumps market in 2020 and accounted to hold the largest revenue share of around 40% of the market. The availability of skilled professionals and advanced healthcare facilities are some major factors driving the segment growth. Moreover, the increasing number of patient admission related to cardiac disorder is further expected to fuel the segment growth in next upcoming years.

Centrifugal Blood Pumps Market Size & Forecast

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The centrifugal blood pumps comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Centrifugal Blood Pumps Market Segmentation:

By Type:

  • Electronic
  • Mechanical

By End-User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, North America dominated the global centrifugal blood pumps market in 2020 and is estimated to hold a significant market share of over one-third share of the market in terms of revenue. the increasing incidence of cardiovascular disease and the increasing investment in research & development are some major factors driving the market growth in the region. Furthermore, the presence of some major players and the technological advancement in healthcare infrastructure is expected to fuel the market in North America. In contrast, the Asia Pacific is estimated to expand the market at the fastest growth rate over the forecast period.

Market Competition Assessment:

Some of the major players operating in the global centrifugal blood pumps market are Baxter International Inc., Medtronic PLC., Braile Biomedica Ltd., Getinge AB., and 3-M Health Care. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Baxter International Inc.
  • Medtronic PLC.
  • Braile Biomedica Ltd.
  • Getinge AB.
  • 3-M Health Care
  • LivaNova, PLC.
  • Qura SRL.
  • Terumo Corporation
  • Thoratec Corporation.
  • Xenios AG.

Key Questions Answered by Centrifugal Blood Pumps Market Report

  • Global centrifugal blood pumps market forecasts from 2021-2027
  • Regional centrifugal blood pumps market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Centrifugal blood pumps submarket forecasts from 2021-2027 covering the market by type, by end-user, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to centrifugal blood pumps market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level centrifugal blood pumps markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the centrifugal blood pumps market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Centrifugal Blood Pumps Market Portraiture
2.2. Global Centrifugal Blood Pumps Market, by Type, 2020 (USD Mn)
2.3. Global Centrifugal Blood Pumps Market, by End-User, 2020 (USD Mn)
2.4. Global Centrifugal Blood Pumps Market, by Geography, 2020 (USD Mn)

 

3. Global Centrifugal Blood Pumps Market Analysis


3.1. Centrifugal Blood Pumps Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis
3.6.1. V Shaped Recovery
3.6.2. U Shaped Recovery
3.6.3. L Shaped Recovery
3.6.4. W Shaped Recovery

 

4. Global Centrifugal Blood Pumps Market By Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Electronic
4.3. Mechanical

 

5. Global Centrifugal Blood Pumps Market By End-User, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Hospitals
5.3. Ambulatory Surgical Centers
5.4. Specialty Clinics
5.5. Others

 

6. North America Centrifugal Blood Pumps Market Analysis and Forecast, 2018 – 2027 (USD Mn)


6.1.1. Overview
6.1.2. North America Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
6.1.3. North America Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
6.1.4. North America Centrifugal Blood Pumps Market by Country (2018-2027 USD Mn)
6.1.4.1. U.S.
6.1.4.1.1. U.S. Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
6.1.4.1.2. U.S. Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
6.1.4.2. Canada
6.1.4.2.1. Canada Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
6.1.4.2.2. Canada Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)

 

7. Europe Centrifugal Blood Pumps Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. Europe Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
7.1.3. Europe Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
7.1.4. Europe Centrifugal Blood Pumps Market by Country (2018-2027 USD Mn)
7.1.4.1. Germany
7.1.4.1.1. Germany Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
7.1.4.1.2. Germany Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
7.1.4.2. U.K.
7.1.4.2.1. U.K. Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
7.1.4.2.2. U.K. Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
7.1.4.3. France
7.1.4.3.1. France Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
7.1.4.3.2. France Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
7.1.4.4. Italy
7.1.4.4.1. Italy Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
7.1.4.4.2. Italy Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
7.1.4.5. Rest of Europe
7.1.4.5.1. Rest of Europe Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
7.1.4.5.2. Rest of Europe Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)

 

8. Asia Pacific Centrifugal Blood Pumps Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Asia Pacific Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
8.1.3. Asia Pacific Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
8.1.4. Asia Pacific Centrifugal Blood Pumps Market by Country (2018-2027 USD Mn)
8.1.4.1. China
8.1.4.1.1. China Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
8.1.4.1.2. China Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
8.1.4.2. Japan
8.1.4.2.1. Japan Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
8.1.4.2.2. Japan Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
8.1.4.3. Rest of Asia Pacific
8.1.4.3.1. Rest of Asia Pacific Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
8.1.4.3.2. Rest of Asia Pacific Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)

 

9. Latin America (LATAM) Centrifugal Blood Pumps Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Latin America Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
9.1.3. Latin America Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
9.1.4. Latin America Centrifugal Blood Pumps Market by Country (2018-2027 USD Mn)
9.1.4.1. Brazil
9.1.4.1.1. Brazil Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
9.1.4.1.2. Brazil Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
9.1.4.2. Mexico
9.1.4.2.1. Mexico Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
9.1.4.2.2. Mexico Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
9.1.4.3. Rest of Latin America
9.1.4.3.1. Rest of Latin America Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
9.1.4.3.2. Rest of Latin America Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)

 

10. Middle East and Africa Centrifugal Blood Pumps Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. MEA Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
10.1.3. MEA Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
10.1.4. Middle East and Africa Centrifugal Blood Pumps Market, by Country (2018-2027 USD Mn)
10.1.4.1. GCC
10.1.4.1.1. GCC Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
10.1.4.1.2. GCC Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)
10.1.4.2. Rest of MEA
10.1.4.2.1. Rest of MEA Centrifugal Blood Pumps Market by Type (2018-2027 USD Mn)
10.1.4.2.2. Rest of MEA Centrifugal Blood Pumps Market by End-User (2018-2027 USD Mn)

 

11. Company Profiles


11.1. Baxter International Inc.
11.1.1. Business Description
11.1.2. Financial Health and Budget Allocation
11.1.3. Product Positions/Portfolio
11.1.4. Recent Development
11.1.5. SWOT Analysis
11.2. Medtronic PLC.
11.2.1. Business Description
11.2.2. Financial Health and Budget Allocation
11.2.3. Product Positions/Portfolio
11.2.4. Recent Development
11.2.5. SWOT Analysis
11.3. Braile Biomedica Ltd.
11.3.1. Business Description
11.3.2. Financial Health and Budget Allocation
11.3.3. Product Positions/Portfolio
11.3.4. Recent Development
11.3.5. SWOT Analysis
11.4. Getinge AB.
11.4.1. Business Description
11.4.2. Financial Health and Budget Allocation
11.4.3. Product Positions/Portfolio
11.4.4. Recent Development
11.4.5. SWOT Analysis
11.5. 3-M Health Care
11.5.1. Business Description
11.5.2. Financial Health and Budget Allocation
11.5.3. Product Positions/Portfolio
11.5.4. Recent Development
11.5.5. SWOT Analysis
11.6. LivaNova, PLC.
11.6.1. Business Description
11.6.2. Financial Health and Budget Allocation
11.6.3. Product Positions/Portfolio
11.6.4. Recent Development
11.6.5. SWOT Analysis
11.7. Qura SRL.
11.7.1. Business Description
11.7.2. Financial Health and Budget Allocation
11.7.3. Product Positions/Portfolio
11.7.4. Recent Development
11.7.5. SWOT Analysis
11.8. Terumo Corporation
11.8.1. Business Description
11.8.2. Financial Health and Budget Allocation
11.8.3. Product Positions/Portfolio
11.8.4. Recent Development
11.8.5. SWOT Analysis
11.9. Thoratec Corporation.
11.9.1. Business Description
11.9.2. Financial Health and Budget Allocation
11.9.3. Product Positions/Portfolio
11.9.4. Recent Development
11.9.5. SWOT Analysis
11.10. Xenios AG.
11.10.1. Business Description
11.10.2. Financial Health and Budget Allocation
11.10.3. Product Positions/Portfolio
11.10.4. Recent Development
11.10.5. SWOT Analysis
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