2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theArtificial Lung Market?
The growing incidence of respiratory ailments is projected to fuel the expansion of the artificial lung market. This upsurge in such diseases can be attributed to a blend of factors such as escalating air contamination, changes in the climate, and lifestyle shifts that impose substantial strain on public health. Artificial lungs come into play in respiratory disorders to facilitate oxygenating and eliminating carbon dioxide from the blood, thus aiding or substituting an impaired lung’s function. For example, the Australian Institute of Health and Welfare reported in June 2024, that nearly 8.5 million individuals in Australia, equal to 34% of the population, were believed to be suffering from chronic respiratory issues. Among these were 2.8 million individuals, equating to 11% of the population, who were living with asthma, and 638,000 individuals or 2.5% of the population who were living with chronic obstructive pulmonary disease (COPD). Hence, these rising occurrences of respiratory disorders are enhancing the growth of the artificial lung market.
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#What Long-Term Growth Rate is Expected for theArtificial Lung Market Between 2025 and 2034?
Over the past few years, there has been a swift escalation in the size of the artificial lung market. Predictions indicate a rise from $2.31 billion in 2024 to $2.59 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 12.2%. The expansion during the historical phase can be linked to an increased understanding among medical professionals, enhanced market infiltration, the growth of applications in home care settings, acceleration in medical tourism, and development in healthcare infrastructure.
The market size for artificial lungs is projected to witness a significant increase in the coming years, anticipated to reach a hefty $4.06 billion by 2029, with a CAGR of 11.9%. This surge during the forecast period can be linked to various factors such as the increasing incidence of respiratory illnesses, advancements in healthcare infrastructure, growing preference for minimally invasive surgeries, improved patient quality of life, and a higher occurrence of chronic obstructive pulmonary diseases. Foreseen trends for the forecast period incorporate the inclusion of wireless technology and artificial intelligence, progression in genomics and medical technology, along with the creation of smaller, easily portable artificial lungs.
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What Key Market Trends and Innovations Are Shaping the Future of theArtificial Lung Industry?
Leading enterprises in the artificial lung market are putting efforts into the creation of novel solutions, such as incorporating remote monitoring and control features in the device to gain a competitive advantage. This system enables medical professionals to oversee patients’ critical statistics and alter ventilation configurations without having to be physically next to the patient, thus minimizing the chance of infection and improving patient safety during therapy. For example, in August 2022, Teltonika Telemedic, an American electronics manufacturing firm, made considerable strides in the creation of its artificial lung ventilator labeled TELTOMED. Teltonika Telemedic has obtained a unique patent for the safe remote transmission and control of its ventilator data. This innovation boosts the safety and dependability of patient data communication, which is an essential requirement for contemporary medical equipment.
Which Companies Are Leading the Charge in Expanding theArtificial 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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How is the Global Artificial Lung Market Segemented?
The artificial lung market 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
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Which Geographics are Influencing the Growth of the Artificial Lung Market?
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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