Cardiopulmonary Bypass Accessory Equipment: Major support system for heart and lungs during bypass surgery
Cardiopulmonary Bypass Accessory Equipment: Major support system for heart and lungs during bypass surgery
- The cardiopulmonary bypass system is a medical device or technology that takes over the function of the heart and lungs temporarily during cardiac surgery. The cardiopulmonary bypass system helps maintain blood circulation and the flow of oxygen within the body.
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- The cardiopulmonary bypass system is utilized during open heart surgery owing to the difficulty of operating on a beating heart. Cardiopulmonary bypass accessory equipment carry out the functions of the lungs and the heart (maintains oxygen and blood circulation in the body) during coronary bypass surgery.
- The system primarily consists of two major components, the pump and the oxygenator, which remove oxygen-deprived blood from a patient's body and replace it with oxygen-rich blood through a series of hoses.
- Cardiopulmonary bypass accessory equipment act as a support system for the heart and lungs of the patient during surgery and hence, it is also called a heart-lung machine
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Key Drivers and Restraints of Global Cardiopulmonary Bypass Accessory Equipment Market
- Increase in geriatric population and a rise in prevalence of cardiovascular diseases across the world are major factors driving the global cardiopulmonary bypass accessory equipment market
- For instance, as per World Health Organization (WHO), every year around 17.9 million people die due to cardiovascular diseases globally, which constitutes an estimated 31% of all deaths worldwide
- Launch of advanced products for coronary bypass surgery and favorable reimbursement policies are also major factors propelling the global cardiopulmonary bypass accessory equipment market
- Various awareness campaigns by government & non-government organizations for cardiovascular diseases and rise in the number of organ transplantation surgeries are other key factors fuelling the global cardiopulmonary bypass accessory equipment market
Product recalls hamper the global cardiopulmonary bypass accessory equipment market
- Safety issues associated with certain products in recent years have prompted regulatory bodies to recall some products used for coronary bypass surgery, which in turn is estimated to hamper the market
- Unfavorable reimbursement policies in less developed and developing countries are also projected to restrain the global cardiopulmonary bypass accessory equipment market
Double Roller Pump: A highly popular product type segment
- Based on product type, the global cardiopulmonary bypass accessory equipment market can be bifurcated into single roller pump and double roller pump
- The double roller pump segment is estimated to account for a major share of the global market during the forecast period due to cost-effectiveness, ease of maintenance & operation, and better safety profile of double roller pumps
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Cardiac surgery dominant application segment
- In terms of application, the global cardiopulmonary bypass accessory equipment market can be divided into cardiac surgery, acute respiratory failure treatment, lung transplant operation, and others
- The cardiac surgery segment dominated the global cardiopulmonary bypass accessory equipment market owing to a rise in prevalence of cardiac diseases, increase in number of open heart surgeries, and launch of advanced products for cardiac surgery
Hospitals end-user segment held major share
- Based on end-user, the global cardiopulmonary bypass accessory equipment market can be segmented into hospitals, specialty clinics, dialysis centers, and others
- The hospitals segment dominated the global cardiopulmonary bypass accessory equipment market owing to a rise in hospital patient admissions for cardiac surgeries, better reimbursement policies, and availability of advanced products
North America to Lead Global Market for Cardiopulmonary Bypass Accessory Equipment
- In terms of region, the global cardiopulmonary bypass accessory equipment market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America dominated the global cardiopulmonary bypass accessory equipment market in 2019 due to higher prevalence of cardiac diseases, rise in funding for cardiovascular disease research, favorable reimbursement policies, and presence of major companies in the region
- For instance, the American Heart Association estimated that 121.5 million adults had cardiovascular diseases between 2013 and 2016
- Asia Pacific is projected to be a highly lucrative market during the forecast period owing to a surge in geriatric population with cardiac diseases, change in lifestyle factors, higher prevalence of obesity & overweight population, and increasing healthcare expenditure
- For instance, as per World Health Organization (WHO) stats, in 2016, Asia Pacific was home to the largest absolute number of overweight and obese people, which was around 1 billion, two out of every five adults.
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Key Manufacturers Operating in Global Market
Key manufacturers operating in the global market are:
- Boston Scientific Corporation
- Medtronic plc
- BIOREP TECHNOLOGIES, INC.
- Getinge AB
- LivaNova PLC
- Olympus Corporation
- Med Alliance Solutions, LLC
- Terumo Corporation
- Braile Biomédica
- NIPRO
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