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Centrifugal Blood Pumps Market Size, Trends, Analysis, and Outlook By Type (Electronic, Mechanical), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others), by Region, Country, Segment, and Companies, 2024-2030

March 2024 | 190 pages | ID: C58030C4ED6CEN
VPAResearch

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The global Centrifugal Blood Pumps market size is poised to register 4.79% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Centrifugal Blood Pumps market across By Type (Electronic, Mechanical), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others).

The centrifugal blood pumps market is experiencing steady growth due to increasing prevalence of cardiovascular diseases, advancements in cardiac surgery techniques, and rising demand for mechanical circulatory support devices. Centrifugal blood pumps are specialized medical devices used to provide temporary or long-term circulatory support by pumping blood through the cardiovascular system during cardiac surgery, heart transplantation, or treatment of heart failure. With a focus on hemodynamic support and patient survival, cardiac surgeons, perfusionists, and medical device manufacturers are developing innovative centrifugal pump systems, including extracorporeal membrane oxygenation (ECMO) circuits, ventricular assist devices (VADs), and implantable blood pumps, to improve cardiac function, enhance organ perfusion, and prolong survival in patients with advanced heart disease, driving innovation in mechanical circulatory support and cardiovascular medicine.

Centrifugal Blood Pumps Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Centrifugal Blood Pumps market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Centrifugal Blood Pumps survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Centrifugal Blood Pumps industry.

Key market trends defining the global Centrifugal Blood Pumps demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Centrifugal Blood Pumps Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Centrifugal Blood Pumps industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Centrifugal Blood Pumps companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Centrifugal Blood Pumps industry

Leading Centrifugal Blood Pumps companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Centrifugal Blood Pumps companies.

Centrifugal Blood Pumps Market Study- Strategic Analysis Review

The Centrifugal Blood Pumps market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Centrifugal Blood Pumps Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Centrifugal Blood Pumps industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Centrifugal Blood Pumps Country Analysis and Revenue Outlook to 2030

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Centrifugal Blood Pumps Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Centrifugal Blood Pumps market segments. Similarly, Strong end-user demand is encouraging Canadian Centrifugal Blood Pumps companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Centrifugal Blood Pumps market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Centrifugal Blood Pumps Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Centrifugal Blood Pumps industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Centrifugal Blood Pumps market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Centrifugal Blood Pumps Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Centrifugal Blood Pumps in Asia Pacific. In particular, China, India, and South East Asian Centrifugal Blood Pumps markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Centrifugal Blood Pumps Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Centrifugal Blood Pumps Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Centrifugal Blood Pumps market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Centrifugal Blood Pumps.

Centrifugal Blood Pumps Market Company Profiles

The global Centrifugal Blood Pumps market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are 3M, Abbott Laboratories, Baxter International, Braille Biomedica Ltd, Getinge AB, LivaNovaPlc, Medtronic, Qura Srl, Terumo Corp

Recent Centrifugal Blood Pumps Market Developments

The global Centrifugal Blood Pumps market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Centrifugal Blood Pumps Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Type

Electronic

Mechanical

By End-user

Hospitals

Ambulatory Surgical Centers

Specialty Clinics

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

3M

Abbott Laboratories

Baxter International

Braille Biomedica Ltd

Getinge AB

LivaNovaPlc

Medtronic

Qura Srl

Terumo Corp

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Centrifugal Blood Pumps Market Overview and Key Findings, 2024
1.2 Centrifugal Blood Pumps Market Size and Growth Outlook, 2021- 2030
1.3 Centrifugal Blood Pumps Market Growth Opportunities to 2030
1.4 Key Centrifugal Blood Pumps Market Trends and Challenges
  1.4.1 Centrifugal Blood Pumps Market Drivers and Trends
  1.4.2 Centrifugal Blood Pumps Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Centrifugal Blood Pumps Companies

2. CENTRIFUGAL BLOOD PUMPS MARKET SIZE OUTLOOK TO 2030

2.1 Centrifugal Blood Pumps Market Size Outlook, USD Million, 2021- 2030
2.2 Centrifugal Blood Pumps Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. CENTRIFUGAL BLOOD PUMPS MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. CENTRIFUGAL BLOOD PUMPS MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Type
Electronic
Mechanical
By End-user
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Others
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Centrifugal Blood Pumps Market, 2025
5.2 Asia Pacific Centrifugal Blood Pumps Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Centrifugal Blood Pumps Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Centrifugal Blood Pumps Market, 2025
5.5 Europe Centrifugal Blood Pumps Market Size Outlook by Type, 2021- 2030
5.6 Europe Centrifugal Blood Pumps Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Centrifugal Blood Pumps Market, 2025
5.8 North America Centrifugal Blood Pumps Market Size Outlook by Type, 2021- 2030
5.9 North America Centrifugal Blood Pumps Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Centrifugal Blood Pumps Market, 2025
5.11 South America Pacific Centrifugal Blood Pumps Market Size Outlook by Type, 2021- 2030
5.12 South America Centrifugal Blood Pumps Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Centrifugal Blood Pumps Market, 2025
5.14 Middle East Africa Centrifugal Blood Pumps Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Centrifugal Blood Pumps Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Centrifugal Blood Pumps Market Size Outlook and Revenue Growth Forecasts
6.2 US Centrifugal Blood Pumps Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Centrifugal Blood Pumps Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Centrifugal Blood Pumps Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Centrifugal Blood Pumps Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Centrifugal Blood Pumps Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Centrifugal Blood Pumps Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Centrifugal Blood Pumps Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Centrifugal Blood Pumps Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Centrifugal Blood Pumps Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Centrifugal Blood Pumps Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Centrifugal Blood Pumps Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Centrifugal Blood Pumps Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Centrifugal Blood Pumps Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Centrifugal Blood Pumps Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Centrifugal Blood Pumps Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Centrifugal Blood Pumps Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Centrifugal Blood Pumps Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Centrifugal Blood Pumps Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Centrifugal Blood Pumps Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Centrifugal Blood Pumps Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Centrifugal Blood Pumps Industry Drivers and Opportunities

7. CENTRIFUGAL BLOOD PUMPS MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. CENTRIFUGAL BLOOD PUMPS COMPANY PROFILES

8.1 Profiles of Leading Centrifugal Blood Pumps Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics

3M

Abbott Laboratories
Baxter International
Braille Biomedica Ltd
Getinge AB
LivaNovaPlc
Medtronic
Qura Srl
Terumo Corp

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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