27-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Pediatric And Adult Hemoconcentrators Market By Type (Adult Hemoconcentrators and Pediatric Hemoconcentrators) and By End, User (Ambulatory Surgical Centers, Hospitals and Other End Users): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Pediatric and Adult Hemoconcentrators Market market in 2019 was approximately USD 11.21 Billion. The market is expected to grow above a CAGR of 2.0% and is anticipated to reach over USD 14.6 Billion by 2026.
Hemoconcentrator is a tool used for fluid removal during cardio bypass surgery. To regulate hemodilution, it is incorporated into the extracorporeal pathway, which helps to maintain hematocrit levels. Hemoconcentrator use eliminates the need for additional blood products after and during surgery. It also minimizes the incidence of concentrations of organ dysfunction, edema, and protein.
Browse the full “Pediatric And Adult Hemoconcentrators Market By Type (Adult Hemoconcentrators and Pediatric Hemoconcentrators) and By End User (Ambulatory Surgical Centers, Hospitals and Other End Users): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/pediatric-and-adult-hemoconcentrators-market-by-type-adult-992
Demand for the market for pediatric and adult hemoconcentrators is motivated by the growing prevalence of cardiac disorders and the worldwide rise in the elderly. Growing demand for advanced fluid management devices, rising R&D spending to deliver advanced customizations and the need for improved patient care is additionally important factors that fuel market growth. However, lack of professionalism is a key hindrance factor to the growth of the target market. Nevertheless, the growth of the global market in the potential region can create opportunities for the key players in the market.
The global pediatric and adult hemoconcentrators market has been segmented on the basis of type and end user. On the basis of type segment the target market is segmented into adult hemoconcentrators and pediatric hemoconcentrators. The adult hemoconcentrators type segment is anticipated to hold a major share in terms of revenue in the coming future. The growth is attributed to the increasing prevalence of cardiovascular disease in the old population across the globe. Also, on the basis of end-user segment the global market is segmented into ambulatory surgical centers, hospitals, and other end users. The Hospital segment is expected to account for a significant share of the target market over the forecast period.
North America continues to dominate the global market for the target market, owing to the presence of key operating players in the target market. Also, the availability of advanced healthcare facilities in the countries of the region is also propelling the growth of the target market in this region. The Asia Pacific market is expected to rise at a faster rate of growth as a result of increased awareness among people, increased investment in R&D, the use of skilled labor to produce products, and increased investment by the pharmaceutical industry. Also, the market in the Middle East and Africa is expected to show lucrative growth opportunities in the countries of this region.
The top key players operating in the market are Medtronic, Medivators, Sorin, Cardiovascular Systems, Terumo, MAQUET, Andocor, and Nipro among others. The key players operating in the global pediatric and adult hemoconcentration market are focusing on organic as well as inorganic growth strategies to get a competitive edge in the global market.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 11.21 Billion |
Projected Market Size in 2026 |
USD 14.6 Billion |
CAGR Growth Rate |
2.0% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Medtronic, Medivators, Sorin, Cardiovascular Systems, Terumo, MAQUET, Andocor, and Nipro among others. |
Key Segment |
By Type, By End User, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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This report segments the pediatric and adult hemoconcentrators market as follows:
Global Pediatric and Adult Hemoconcentrators Market Market: By Drug Type Segmentation Analysis
- Pediatric Hemoconcentrators
- Adult Hemoconcentrators
Global Pediatric and Adult Hemoconcentrators Market Market: By End-user Segmentation Analysis
- Hospitals
- Ambulatory Surgical Centre
- Other End Users
Global Pediatric and Adult Hemoconcentrators Market Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
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