Heart-Lung Machines Market - Opportunities and Forecast, 2016 - 2020


Technavio Announces the Publication of its Research Report – Global Heart-Lung Machines Market 2016-2020

Technavio recognizes the following companies as the key players in the global heart-lung machines market: Braile Biomédica, LivaNova, MAQUET, Medtronic, and Terumo Medical.

Other Prominent Vendors in the market are: Elite Life Care, Hemovent, Medizintechnik, and Tianjin Welcome Medical Equipment.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is helping boost market growth is the development of modular heart-lung machines. Hospitals and ASCs prefer modular heart-lung machines as they are user-friendly, cost-effective, and safe, and include features such as rechargeable batteries, thereby offering flexibility to surgeons. Manufacturers such as LivaNova, Terumo Medical, and MAQUET have developed next-generation modular heart-machines, which can be controlled and monitored through a single control panel.”

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According to the report, a key growth driver is the increase in medical tourism to APAC countries. The prevalence of CVDs in APAC owing to changing lifestyles in emerging economies such as China and India has increased the demand for cardiac surgeries. These economies are experiencing the growing need for improved healthcare, where more patients are able to access affordable healthcare services. These affordable healthcare services available in APAC attract patients from developed countries such as the UK, Canada, and the US.

Further, the report states that one challenge that could hamper market growth is the high cost of the machine and bypass surgery.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a...