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 2031" 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.
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 2021 to 2031. 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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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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 2021 to 2031. 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.
MARKET PLAYERS
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.
- SpecialtyCare, Inc.
- Keystone Perfusion
- UPMC Procirca
- VIVACITY
- Perfusion Solution, Inc.
- Cambridge Perfusion LLP
- Comprehensive Care Services, Inc.
- MYO Perfusion Group LLC
- NEPA Perfusion Services, Inc.
- ConnectPerf.com
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Perfusion Services Market - By Type
1.3.2 Perfusion Services Market - By Application
1.3.3 Perfusion Services Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PERFUSION SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PERFUSION SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PERFUSION SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. PERFUSION SERVICES - GLOBAL MARKET OVERVIEW
6.2. PERFUSION SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. PERFUSION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 – TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CARDIOPULMONARY BYPASS (CPB)
7.3.1. Overview
7.3.2. Cardiopulmonary Bypass (CPB) Market Forecast and Analysis
7.4. EXTRACORPOREAL MEMBRANE OXYGENATION (ECMO)
7.4.1. Overview
7.4.2. Extracorporeal Membrane Oxygenation (ECMO) Market Forecast and Analysis
7.5. ISOLATED LIMB PERFUSION
7.5.1. Overview
7.5.2. Isolated Limb Perfusion Market Forecast and Analysis
8. PERFUSION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 – APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. CLINICS
8.4.1. Overview
8.4.2. Clinics Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. PERFUSION SERVICES MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Perfusion Services Market Overview
9.1.2 North America Perfusion Services Market Forecasts and Analysis
9.1.3 North America Perfusion Services Market Forecasts and Analysis - By Type
9.1.4 North America Perfusion Services Market Forecasts and Analysis - By Application
9.1.5 North America Perfusion Services Market Forecasts and Analysis - By Countries
9.1.5.1 United States Perfusion Services Market
9.1.5.1.1 United States Perfusion Services Market by Type
9.1.5.1.2 United States Perfusion Services Market by Application
9.1.5.2 Canada Perfusion Services Market
9.1.5.2.1 Canada Perfusion Services Market by Type
9.1.5.2.2 Canada Perfusion Services Market by Application
9.1.5.3 Mexico Perfusion Services Market
9.1.5.3.1 Mexico Perfusion Services Market by Type
9.1.5.3.2 Mexico Perfusion Services Market by Application
9.2. EUROPE
9.2.1 Europe Perfusion Services Market Overview
9.2.2 Europe Perfusion Services Market Forecasts and Analysis
9.2.3 Europe Perfusion Services Market Forecasts and Analysis - By Type
9.2.4 Europe Perfusion Services Market Forecasts and Analysis - By Application
9.2.5 Europe Perfusion Services Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Perfusion Services Market
9.2.5.1.1 Germany Perfusion Services Market by Type
9.2.5.1.2 Germany Perfusion Services Market by Application
9.2.5.2 France Perfusion Services Market
9.2.5.2.1 France Perfusion Services Market by Type
9.2.5.2.2 France Perfusion Services Market by Application
9.2.5.3 Italy Perfusion Services Market
9.2.5.3.1 Italy Perfusion Services Market by Type
9.2.5.3.2 Italy Perfusion Services Market by Application
9.2.5.4 Spain Perfusion Services Market
9.2.5.4.1 Spain Perfusion Services Market by Type
9.2.5.4.2 Spain Perfusion Services Market by Application
9.2.5.5 United Kingdom Perfusion Services Market
9.2.5.5.1 United Kingdom Perfusion Services Market by Type
9.2.5.5.2 United Kingdom Perfusion Services Market by Application
9.2.5.6 Rest of Europe Perfusion Services Market
9.2.5.6.1 Rest of Europe Perfusion Services Market by Type
9.2.5.6.2 Rest of Europe Perfusion Services Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Perfusion Services Market Overview
9.3.2 Asia-Pacific Perfusion Services Market Forecasts and Analysis
9.3.3 Asia-Pacific Perfusion Services Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Perfusion Services Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Perfusion Services Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Perfusion Services Market
9.3.5.1.1 Australia Perfusion Services Market by Type
9.3.5.1.2 Australia Perfusion Services Market by Application
9.3.5.2 China Perfusion Services Market
9.3.5.2.1 China Perfusion Services Market by Type
9.3.5.2.2 China Perfusion Services Market by Application
9.3.5.3 India Perfusion Services Market
9.3.5.3.1 India Perfusion Services Market by Type
9.3.5.3.2 India Perfusion Services Market by Application
9.3.5.4 Japan Perfusion Services Market
9.3.5.4.1 Japan Perfusion Services Market by Type
9.3.5.4.2 Japan Perfusion Services Market by Application
9.3.5.5 South Korea Perfusion Services Market
9.3.5.5.1 South Korea Perfusion Services Market by Type
9.3.5.5.2 South Korea Perfusion Services Market by Application
9.3.5.6 Rest of Asia-Pacific Perfusion Services Market
9.3.5.6.1 Rest of Asia-Pacific Perfusion Services Market by Type
9.3.5.6.2 Rest of Asia-Pacific Perfusion Services Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Perfusion Services Market Overview
9.4.2 Middle East and Africa Perfusion Services Market Forecasts and Analysis
9.4.3 Middle East and Africa Perfusion Services Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Perfusion Services Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Perfusion Services Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Perfusion Services Market
9.4.5.1.1 South Africa Perfusion Services Market by Type
9.4.5.1.2 South Africa Perfusion Services Market by Application
9.4.5.2 Saudi Arabia Perfusion Services Market
9.4.5.2.1 Saudi Arabia Perfusion Services Market by Type
9.4.5.2.2 Saudi Arabia Perfusion Services Market by Application
9.4.5.3 U.A.E Perfusion Services Market
9.4.5.3.1 U.A.E Perfusion Services Market by Type
9.4.5.3.2 U.A.E Perfusion Services Market by Application
9.4.5.4 Rest of Middle East and Africa Perfusion Services Market
9.4.5.4.1 Rest of Middle East and Africa Perfusion Services Market by Type
9.4.5.4.2 Rest of Middle East and Africa Perfusion Services Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Perfusion Services Market Overview
9.5.2 South and Central America Perfusion Services Market Forecasts and Analysis
9.5.3 South and Central America Perfusion Services Market Forecasts and Analysis - By Type
9.5.4 South and Central America Perfusion Services Market Forecasts and Analysis - By Application
9.5.5 South and Central America Perfusion Services Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Perfusion Services Market
9.5.5.1.1 Brazil Perfusion Services Market by Type
9.5.5.1.2 Brazil Perfusion Services Market by Application
9.5.5.2 Argentina Perfusion Services Market
9.5.5.2.1 Argentina Perfusion Services Market by Type
9.5.5.2.2 Argentina Perfusion Services Market by Application
9.5.5.3 Rest of South and Central America Perfusion Services Market
9.5.5.3.1 Rest of South and Central America Perfusion Services Market by Type
9.5.5.3.2 Rest of South and Central America Perfusion Services Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL PERFUSION SERVICES MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. PERFUSION SERVICES MARKET, KEY COMPANY PROFILES
12.1. SPECIALTYCARE, INC.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. KEYSTONE PERFUSION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. UPMC PROCIRCA
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. VIVACITY
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. PERFUSION SOLUTION, INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. CAMBRIDGE PERFUSION LLP
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. COMPREHENSIVE CARE
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. MYO PERFUSION GROUP LLC SERVICES, INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. NEPA PERFUSION SERVICES, INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. CONNECTPERF.COM
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
- SpecialtyCare, Inc.
- Keystone Perfusion
- UPMC Procirca
- VIVACITY
- Perfusion Solution, Inc.
- Cambridge Perfusion LLP
- Comprehensive Care Services, Inc.
- MYO Perfusion Group LLC
- NEPA Perfusion Services, Inc.
- ConnectPerf.com
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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