Global Artificial Lung Market
Medical Equipment

Projected Growth of the Global Artificial Lung Market to Reach $3.91 Billion by 2029

Uncover key drivers, emerging technologies, and competitive movements shaping the artificial lung market from 2025–2034 with trusted insights from The Business Research Company

What CAGR And Valuation Are Anticipated For The Artificial Lung Market By The End Of 2029?

The artificial lung market has seen substantial expansion in recent times. Its value is expected to rise from $2.31 billion in 2024 to $2.58 billion in 2025, at a compound annual growth rate (CAGR) of 11.6%. This historical growth can be linked to heightened awareness among medical professionals, broader market reach, expanded applications in home care settings, an increase in medical tourism, and advancements in healthcare infrastructure.

The artificial lung market is projected to experience substantial expansion in the coming years. It is anticipated to grow to $3.91 billion by 2029, achieving a compound annual growth rate (CAGR) of 11.0%. This growth during the forecast period is primarily attributed to the increasing prevalence of respiratory diseases, enhancements in healthcare facilities, the rising acceptance of minimally invasive procedures, improvements in patient quality of life, and the growing incidence of chronic obstructive pulmonary diseases. Key trends expected in the forecast period include the integration of wireless technology, the incorporation of artificial intelligence (AI), advancements in genomics and medical technology, and the development of more compact and portable artificial lungs.

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Which Business Drivers Are Underpinning The Growth Of The Artificial Lung Market?

The growth of the artificial lung market is projected to be propelled by the escalating prevalence of respiratory diseases moving forward. The rising incidence of these conditions is attributed to various factors, including heightened air pollution, climate change, and shifts in lifestyle, all of which impose a significant burden on public health. Artificial lungs are employed in respiratory diseases to provide oxygenation and remove carbon dioxide from the blood, thereby supporting or replacing impaired lung function. For instance, in June 2024, data from the Australian Institute of Health and Welfare, an Australia-based health and welfare agency, revealed that approximately 8.5 million people in Australia, or 34% of the population, were estimated to have chronic respiratory conditions. This figure included an estimated 2.8 million people, or 11% of the population, living with asthma, and 638,000 people, or 2.5% of the population, suffering from chronic obstructive pulmonary disease (COPD). Consequently, the increasing prevalence of respiratory diseases is driving the expansion of the artificial lung market.

What Are The Principal Segment Types In The Artificial Lung Market?

The artificial lungmarket covered in this report is segmented –

1) By Product Type: Single Roller Pump Heart Lung Machines, Double Roller Pump Heart Lungs Machines, Bubble Artificial Lung, Membrane Artificial Lung

2) By Application: Cardiac Surgery, Lung Transplant Operation, Acute Respiratory Failure Treatment, Other Applications

3) By End-Users: Hospital, Emergency Center, Other End-users

Subsegments:

1) By Single Roller Pump Heart Lung Machines: Portable Single Roller Pump Heart Lung Machines, Stationary Single Roller Pump Heart Lung Machines

2) By Double Roller Pump Heart Lung Machines: Portable Double Roller Pump Heart Lung Machines, Stationary Double Roller Pump Heart Lung Machines

3) By Bubble Artificial Lung: Disposable Bubble Artificial Lung, Reusable Bubble Artificial Lung

4) By Membrane Artificial Lung: Oxygenator Membrane Artificial Lung, Carbon Dioxide Removal Membrane Artificial Lung

How Are Industry Trends Steering The Expansion Of The Artificial Lung Market?

Major companies in the artificial lung market are concentrating on creating advanced solutions, particularly involving the remote oversight and operation of devices, to achieve a competitive advantage. This approach enables healthcare providers to track patients’ essential parameters and modify ventilation settings without requiring physical presence, thus lowering infection dangers and improving patient well-being during care. An example occurred in August 2022, when Teltonika Telemedic, an electronics producer from the US, made notable strides in developing its artificial lung ventilator, designated TELTOMED. Teltonika Telemedic has obtained an exclusive patent for the secure remote transfer and management of its ventilator’s data. This technology boosts the safety and dependability of patient data exchange, which is a vital attribute for contemporary medical equipment.

Which Companies Are Contributing Significantly To The Artificial Lung Market Growth?

Major companies operating in the artificial lung market are Terumo Corporation, Getinge AB, Abiomed Inc., MicroPort Scientific Corp., Charles Stark Draper Laboratory Inc., TransMedics Group Inc., Braile Biomédica Ltd., Xenios AG, MC3 Cardiopulmonary Inc., Lung Biotechnology PBC, Breethe Inc., Levitronix LLC, Medos Medizintechnik AG, ALung Technologies Inc., McGowan Institute for Regenerative Medicine, Hemovent GmbH, Novalung GmbH, Haemair Ltd., MedArray Inc., Vivonics Inc., Extracorporeal Life Support (ECLS) Lab

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Which Region Offers The Most Opportunity For Artificial Lung Market Expansion?

North America was the largest region in the artificial lung market in 2024. The regions covered in the artificial lung market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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