Perfusion Systems Market Explosive Growth Seen for Key Business Segments || Repligen Corporation, Spectrum Laboratories, Inc., Merck KGaA, Harvard Bioscience, Inc.

The Global Perfusion Systems Market is expected to reach USD 4.3 billion by 2025, from USD 3.2 billion in 2017 growing at a CAGR of 4.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Some of the major players operating in the global perfusion system market are Getinge AB, Medtronic PLC, Livanova PLC, Terumo Corporation, Nipro Corporation, Xenios AG (Acquired By Fresenius Medical Care AG & Co. KGaA), Repligen Corporation, Spectrum Laboratories, Inc., Merck KGaA, Harvard Bioscience, Inc., ALA Scientific Instruments, Inc., Lifeline Scientific, Inc. (Organ Recovery Systems, Inc.), Xvivo Perfusion AB, General Electricals Inc, Hitachi Ltd, Koninkliijike Philips N.V., Samsung Electronics Co, Ltd., Shimadzu Corporation, Siemens AG, Toshiba Corporation, Accuray Incorporated, Xvivo Perfusion among others.

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Market Definition: Global Perfusion Systems Market

Perfusion can be termed as the process of delivering oxygenated blood to the body tissue. A heart beat is made of two cycle systole and diastole. The perfusion of the tissues in the body occurs during systole. The chambers in the heart contract and the oxygenated blood is forced into the arteries. These arteries carry the blood to the tissues where the oxygen is removed. The unoxygenated blood is then returned to the heart via veins and the process begins again after the blood is reoxygenated by the lungs. The only exception to this is the perfusion of the heart itself. The heart actually perfuses during diastole when the cardiac muscle is relaxed and the blood is pulled into the cardiac tissue.

Various key players are launching new products; for instance, AutoMate Scientific, Inc. which is one of the key players of the market has perfusion system under the brand name ValveBank o and ValveLink 8.2. These products have features like easy perfusion control and low noise circuitry and are ready to use. These systems are majorly used in hospitals, ambulatory surgical centres (ASCs), specialty clinics, and others. Currently, hospitals account for the maximum share of the demand and will continue to dominate throughout the forecast period. As per the U.S. Department of Health and Human Services, in April 2017, approximately 119,000 people wanted to go for organ transplants of various organs while merely 2,555 donors were available which shows that the demand for perfusion system is increasing globally.

Major Market Drivers and Restraints:

Increasing prevalence of cardiovascular and respiratory diseases
Rising number of organ transplantations
Growth in aging population, increasing incidence of multiple organ failures
Government and NGO initiatives to encourage organ donation
Increasing investments in cell-based research.
High cost of organ transplantation
Ethical concerns and high cost of cell-based research

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Market Segmentation: Global Perfusion Systems Market

The global perfusion system market is segmented based on type, technique and geographical segments.
Based on type, the market is segmented into bioreactor perfusion systems, microfluidic perfusion systems, gravity or pressure-driven perfusion systems, small-mammal organ perfusion systems.
On the basis of technique, the market is classified into hypothermic machine perfusion, normothermic machine perfusion.
Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others

Reasons to Purchase this Report

Current and future of global perfusion system market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report

The report includes the complete segmentation displayed above across all above mentioned countries
All types covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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