Perfusion Services Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Cardiopulmonary Bypass (CPB), Extracorporeal Membrane Oxygenation (ECMO), and Isolated Limb Perfusion); Application(Hospitals, Clinics, and Others) and Geography
Report Code: TIPRE00025693
| No. of Pages: 150
| Category: Healthcare IT
| Status: Upcoming
Perfusion services are offered to patients undergoing open-heart surgery. The perfusionist operates the heart/lung bypass machine that provides life support to the patient while having surgery. Additionally, the perfusionist is also responsible for maintaining the cardiac STAT lab. When perfusion services are required, perfusionists offer ancillary support to other departments that involve orthopedic surgery, cell conservation, and lab-related work. MARKET SCOPE
The "Global Perfusion Services Market Analysis to 2028" is a specialized and in-depth examination of the healthcare industry, with a particular emphasis on global market trend analysis. The purpose of this report is to provide an overview of the perfusion services market, as well as detailed market segmentation based on type and application. Additionally, the report offers key statistics on the market status of the leading perfusion services market players, as well as key market trends and opportunities. MARKET SEGMENTATION
Based on type, the market is segmented as Cardiopulmonary Bypass (CPB), Extracorporeal Membrane Oxygenation (ECMO), and Isolated Limb Perfusion.
Based on application, the market is segmented as Hospitals, Clinics, and Others.
MARKET DYNAMICS Drivers-
The rising prevalence of heart-related disorders and thereby receiving clinical perfusion services is the ultimate factor responsible for the growth of the overall market.
Perfusion services form an integral part of the hospital's cardiovascular program as annually, over 1,000 adult patients receive Clinical Perfusion services in the hospitals in the US. This is the influencing factor for the growth of the overall market.
High overhead costs and the administrative burden of maintaining a team of professionals with advanced skillsets is the most restraining factor for the growth of the global market.
The report offers a comprehensive overview of the industry, including both qualitative and quantitative data. It provides a global market overview and forecast based on various segments. It also provides market size and forecast estimates for five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SACA), from 2019 to 2028. Each region's Perfusion Services market is further subdivided by respective countries and segments. The report analyses and forecasts 18 countries globally, as well as the current trend and opportunities in the region.
The report analyses market factors affecting both the demand and supply sides, as well as market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also includes a comprehensive PEST analysis for each of the five regions, namely North America, Europe, APAC, MEA, and South and Central America after assessing the political, economic, social, and technological factors influencing the perfusion services market in these regions.
Impact of COVID-19 on Perfusion Services Market
Perfusion services demand has accelerated aftermath COVID-19 due to the long-term effect of SARS-CoV-2 on lung ventilation and lung perfusion. Therefore, some population who survived COVID-19 may carry lung ventilation and perfusion injury that persists following COVID-19 recovery, resulting in escalating demand for perfusion services for patients surviving from COVID-19. Furthermore, perfusion services have gained significant attention pinpointing perioperative management for COVID-19 patients undergoing cardiac surgery coupled with cardiopulmonary bypass by healthcare professionals. For example, cardiac surgery centers have experienced an increasing number of COVID-19 patients during clinical practice. Managing such a patient pool requires various changes in the treatment modalities for perioperative care in terms of patient care delivery, such as perfusion. Therefore, such factors support impressive growth for the overall perfusion services market.
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The report covers key developments in the perfusion services market with focus on two main strategies such as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies that includes new product launches, product approvals by the authorized bodies, and others such as patents and events. Inorganic growth strategies activities normally includes strategic acquisitions, and partnership & collaborations between the companies. These activities have paved way for the expansion of business and customer base of market players. The market payers from perfusion services market are anticipated to lucrative growth opportunities in the future with the rising demand for perfusion services in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the perfusion services market. Also, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.
Perfusion Solution, Inc.
Cambridge Perfusion LLP
Comprehensive Care Services, Inc.
MYO Perfusion Group LLC
NEPA Perfusion Services, Inc.
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.