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What key factors are powering the surge in the perfusion systems market right now?

In the past few years, the market size for perfusion systems has been significantly expanding. From $1.33 billion in 2024, it is predicted to increase to $1.46 billion in 2025, showing a compound annual growth rate (CAGR) of 9.8%. The remarkable growth during the historic period is mainly due to critical research in perfusion science, the advent of hypothermia methods, the establishment of cardiopulmonary bypass, and the initial development of the heart-lung machine.

How fast Is the perfusion systems market expected to grow, and what’s its future value?

The market size of perfusion systems is anticipated to experience swift expansion in the forthcoming years, reaching a valuation of “$2.15 billion by 2029, with a compound annual growth rate (CAGR) of 10.2%. Factors contributing to this predicted growth during the forecast period include improving patient outcomes, an increase in cardiovascular surgeries, the growth of minimally invasive techniques, enhanced usage of ECMO, advancements in the global healthcare infrastructure, and a rising elderly population. The forecast period also anticipates major market trends such as compact and transportable designs, the incorporation of automation and robotics, the use of remote monitoring and telemedicine, customizable and modular platforms, the application of sophisticated data analytics, and the advent of AI.

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What are the leading drivers of growth in the perfusion systems market?

An increase in organ transplants is predicted to boost the perfusion systems market’s growth. Organ transplants are surgical procedures that involve the removal of a diseased or damaged organ from a donor to be transplanted into a recipient in need due to organ malfunction or illness. Perfusion systems, which are critical in preserving and transporting organs during the transplant procedure, hence play an indispensable role in maintaining the viability of donated organs. For example, the Organ Procurement And Transplantation Network, a non-profit organization based in the US, reported in January 2021 that 41,354 organ transplants had been carried out in the country. This indicates a 5.9 % rise compared to the number of transplants executed in 2020. Consequently, the surge in the amount of organ transplants is fueling the demand for the perfusion systems market.

What are the key segments defining the perfusion systems market?

The perfusion systems market covered in this report is segmented –

1) By Product: Cardiopulmonary Perfusion System, Extracorporeal membrane oxygenation (ECMO), Isolated Organ Perfusion Systems, Other Products

2) By Type Of Organ: Heart, Lung, Kidney, Liver, Other Type Of Organs

3) By Technique: Hypothermic, Normothermic

4) By End-User: Hospital, Clinic, Ambulatory Surgical Centers, Other End-users

Subsegments:

1) By Cardiopulmonary Perfusion System: Heart-Lung Machines, Blood Pumps, Oxygenators

2) By Extracorporeal Membrane Oxygenation (ECMO): Veno-Arterial (VA) ECMO Systems, Veno-Venous (VV) ECMO Systems, Portable ECMO Systems

3) By Isolated Organ Perfusion Systems: Liver Perfusion Systems, Kidney Perfusion Systems, Heart Perfusion Systems

4) By Other Products: Vascular Cannulae, Heat Exchangers, Perfusion Monitoring Systems

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Who are the key players steering the development of the perfusion systems market?

Major companies operating in the perfusion systems market include Getinge AB, Medtronic plc, LivaNova PLC, Terumo Corporation, Lifeline Scientific Inc., XVIVO Perfusion AB, Repligen Corporation, Spectrum Laboratories Inc., Merck KGaA, Harvard Bioscience  Inc., ALA Scientific Instruments Inc., XENIOS AG, Siemens Healthcare Private Limited Shimadzu Corporation, GENERAL ELECTRIC COMPANY, Organ Assist Products B.V., Hitachi Ltd., Bioptechs Inc., Cytiva Company, Sorin Group, Organ Recovery Systems Inc., TransMedics Inc., Paragonix Technologies Inc., Bridge to Life (Europe) Ltd., OrganOx Limited, Preservation Solutions Inc.

What emerging trends are influencing the growth of the perfusion systems market?

The emergence of product innovation is a primary trend being observed in the perfusion systems industry. Top contenders in the market are focusing their attention on creating novel products to fortify their market positioning. Take for example, LivaNova, a UK-based enterprise that specializes in neuromodulation devices and cardiopulmonary products, who unveiled the Essenz perfusion system in Europe in February 2023. The Essenz system, a compact, modular, and transportable cardiopulmonary bypass (CPB) system, is specifically designed for heart surgeries. It features a modular design which can be modified to cater to distinct patient requirements and individual surgical processes. Its compactness and transportable features make it easily movable and convenient to establish in assorted clinical environments.

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Which regions are most influential in expanding the perfusion systems market?

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

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