Medical Perfusion Technology Market by Technology Trends 2021 - XVIVO Perfusion, OrganOx Limited, TransMedics, Organ Recovery Systems, Xenios AG
The medical perfusion technology market is expected to reach US$ 962.60 million by 2027 from US$ 707.10 million in 2019. The market is estimated to grow at a CAGR of 4.1% from 2020 to 2027.
The scope of the medical perfusion technology market includes technique, organ type, component, and region. The market for medical perfusion technology, based on region, is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the medical perfusion technology market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world. It also includes COVID–19 impact analysis across all the regions.
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Getinge AB, Medtronic, LivaNova PLC, Terumo Corporation, XVIVO Perfusion, OrganOx Limited, Waters Medical Systems LLC, TransMedics, Organ Recovery Systems, and Xenios AG – a Fresenius Medical Care are among the leading companies operating in the medical perfusion technology market.
The companies are adopting inorganic and organic growth strategies to expand their global footprints and product portfolio to meet the rising demands for the medical perfusion technology. For instance, in May 2019, Terumo Cardiovascular Group, a world pioneer in cardiovascular surgery technology, and Talis Clinical, a major supplier of healthcare software solutions, have announced the commercial availability of ACG-Perfusion and ACG-RemoteView Systems in North America.
Based on technique, the medical perfusion technology market is segmented into hypothermic machine perfusion and normothermic machine perfusion. The hypothermic machine perfusion segment held larger share of the market in 2019. However, the normothermic machine perfusion segment is estimated to register higher CAGR of 4.4% in the market during the forecast period.
The report segments global medical perfusion technology market as follows:
By Software Type
- Hypothermic Machine Perfusion
- Normothermic Machine Perfusion
By Organ Type
- Perfusion Pumps
- Heart-Lung Machines
- Monitoring Systems
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