Heart-lung Machines Market | Growth to Accelerate at a CAGR of over 3% Through 2020-2024 | Technavio
Set to grow by USD 40.13 million during 2020-2024, Technavio's latest market research report estimates the heart-lung machines market to register a CAGR of over 3%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Heart-lung Machines Market 2020-2024 (Graphic: Business Wire)
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Braile Biomedica, Edwards Lifesciences Corp., Fresenius Medical Care AG & Co. KGaA, Getinge Group, Heart Care India Co., LivaNova Plc, Medtronic Plc, Nipro Corp., SONOTEC GmbH, and Terumo Corp. are some of the major market participants. The high incidence of cardiac disorders, increased medical tourism in Asia and the increase in ASCs will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Heart-lung Machines Market 2020-2024: Segmentation
Heart-lung Machines Market is segmented as below:
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Heart-lung Machines Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the heart-lung machines market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Braile Biomedica, Edwards Lifesciences Corp., Fresenius Medical Care AG & Co. KGaA, Getinge Group, Heart Care India Co., LivaNova Plc, Medtronic Plc, Nipro Corp., SONOTEC GmbH, and Terumo Corp.
The report also covers the following areas:
Market trends such as the development of modular heart-lung machines are likely to emerge as a primary driver for the market. However, factors such as complications associated with CABG surgeries may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research reports on the heart-lung machines market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Heart-lung Machines Market 2020-2024 : Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by End-user
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