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Centrifugal Blood Pumps Market Trends

Report ID: GMI10857
Published Date: Aug 2024
Report Format: PDF

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Centrifugal Blood Pumps Market Trends

Technological advancements in centrifugal blood pumps have significantly influenced the market's growth.
Innovations such as magnetic levitation technology, which reduces mechanical wear and enhances pump reliability, have revolutionized the field. Additionally, advanced monitoring and control systems have been integrated to provide real-time data on pump performance and patient conditions, improving safety and efficacy.
These technological advancements not only enhance the performance and reliability of centrifugal blood pumps but also broaden their use in both acute and chronic cardiovascular care, fueling market expansion.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Centrifugal blood pumps market size was USD 95.1 million in 2023 and is expected to register 5.3% CAGR from 2024-2032 owing to rising prevalence of cardiovascular diseases (CVDs) worldwide.

Centrifugal blood pumps industry from the electrical segment reached USD 113.8 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to offering advanced features, including precision control and enhanced performance.

North America centrifugal blood pumps industry reached USD 58.4 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to prevalence of cardiovascular diseases (CVDs), such as heart failure and coronary artery disease in the region.

Braile Biomédica Indústria Comércio e Representações Ltda., Getinge AB, Hugo Sachs Elektronik, LivaNova PLC, Medtronic plc, Senko Medical Instrument Mfg. Co., Ltd., Spectrum Medical, Terumo Corporation, are some of the major centrifugal blood pumps companies worldwide.