Bio-engineered Stent Market| Coherent Market Insights - PowerPoint PPT Presentation

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Bio-engineered Stent Market| Coherent Market Insights

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Title: Bio-engineered Stent Market| Coherent Market Insights


1
Coherent Marketing Insights
  • Market Research Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • Covid-19 Impact Tracker

2
  • ADULT PEDIATRIC HEMOCONCENTRATORS MARKET
    ANALYSIS
  • Adult and Pediatric Hemoconcentrators Market, by
    Product Type (Adult Hemoconcentrators and
    Pediatric Hemoconcentrators), by End User
    (Hospital, Ambulatory Surgical Centers, and
    Others), and by Region (North America, Latin
    America, Europe, Asia Pacific, Middle East, and
    Africa) - Global Forecast to 2026
  • A hemoconcentrator is a device used for removal
    of fluid during cardio bypass surgery.
    Hemoconcentrators are introduced in extracorpeal
    circuit where it controls hemodilution, maintains
    hematocrit levels, and reduces the need for
    additional blood products during and after
    surgery. Hemoconcentrators are widely used during
    cardiac bypass surgery and has become the ideal
    method for controlling hemodilution during
    cardiopulmonary surgery by surgeons and
    perfusionists.

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  • High prevalence of cardiovascular diseases is
    expected to lead to high demand for
    hemoconcentrators and thus drive the adult and
    pediatric hemoconcentrators market growth
  • Hemoconcentrators are widely used devices during
    cardio bypass surgery. High prevalence of
    cardiovascular diseases is expected to be a major
    factor propelling demand for hemoconcentrator.
    According to the data published by World Health
    Organization (WHO) in 2017, cardiovascular
    diseases is the leading cause of death globally.
    Annually, more people die from cardiovascular
    diseases than from any other cause.
  • According to the data published by World Health
    Organization (WHO) in 2018, an estimated around
    17.7 million people died from cardiovascular
    diseases in 2015, representing 31 of all global
    deaths. Such high prevalence of cardiovascular
    diseases is expected to lead to high demand for
    hemoconcentrators and drive global adult and
    pediatric hemoconcentrators market growth over
    the forecast period.

4
  • Key players in the market include Terumo
    Corporation, LivaNova Plc., Medtronic Plc., etc.
    All these key players manufacture and market
    their own novel hemoconcentrators developed from
    different materials with different advantages.
    For instance, in 2011 Minntech Corporation (a
    Cantel Medical Corporation company) introduced
    The Hemocor HPH Hemoconcentrator made with
    Eastman Chemical Companys Tritan Copolyester.
    Tritan is a new-generation copolyester that
    offers the benefits of toughness, chemical
    resistance, and color stability after
    sterilization for renal medical device housings.
  • The global adult and pediatric hemoconcentrators
    market size was valued at US 10.7 Mn in 2017,
    and is expected to witness a CAGR of 3.3 during
    the forecast period (2018 2026).
  • North America is expected to hold dominant
    position in the market, owing to frequent
    approvals of new adult and pediatric
    hemoconcentrators by regulatory bodies
  • North America is expected to hold dominant
    position in global adult and pediatric
    hemoconcentrators market over the forecast
    period, owing to high prevalence of
    cardiovascular diseases in the U.S. and rising
    healthcare awareness in region.

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  • Figure 1. Global Adult and Pediatric
    Hemoconcentrators Market Share () Analysis, By
    End User, 2018, 2026

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Figure 2. Global Adult and Pediatric
Hemoconcentrators Market Share () Analysis, By
Region, 2026

7
  • The U.S. Food and Drug Administration (FDA)
    regulates and grants approval to hemoconcentrator
    and the U.S. FDA also recalls products in case of
    any problem in device. For instance, in 2015, the
    U.S. Food and Drug Administration recalled Terumo
    Custom Cardiovascular Procedure Kit X-Coated
    Adult Pak. The custom cardiovascular procedure
    kits contain recalled component, Medivators
    HPH700, the high performance hemoconcentrators.
  • Furthermore, key players in the market are
    involved in strategic merger and acquisition
    activities in order to strengthen their position
    in the market and to gain higher market share in
    global adult and pediatric hemoconcentrators
    market. For instance, in 2015, Italy-based Sorin
    S.p.Aa manufacturer of hemoconcentrators with
    presence in France, Italy, Japan, and
    Texasmerged with U.S.-based company, Cyberonics,
    Inc., to form a company named LivaNova, Plc. With
    this, the merged company is expected to
    strengthen and expand its presence in the global
    market.
  • Key players operating in the global adult and
    pediatric hemoconcentrators market include
    Medivators Inc., Terumo Corporation, LivaNova,
    PLC, Maquet (a Getinge Group company), Medica
    S.p.A, and others.

8
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  • Talk to Analyst
  • Referance https//www.coherentmarketinsights.com/
    market-insight/adult-and-pediatric-hemoconcentrato
    rs-market-2483

9
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions. We are headquartered
    in India, having office at global financial
    capital in the U.S. Our client base includes
    players from across all business verticals in
    over 150 countries worldwide.
  • What We ProvideCustomized Market Research
    AnalysisIndustry Analysis ServicesBusiness
    Consulting ServicesLong Term Engagement
    ModelCountry Specific Analysis

10
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt. LTD.Coherent
    Market Insights 1001 4th Ave, 3200 Seattle, WA
    98154, U.S.Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

11
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