Paediatric Perfusion Devices Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


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Paediatric Perfusion Devices Market- Snapshot

Congenital heart defect is one of the most common birth defects among the new born. As per a study, the diseases affect every 8 in 1,000 new-borns. Looking at the alarming rise in the number of cases, both governmental and private bodies are investing in the diagnosis and treatment of disease. Paediatric perfusion devices are the advanced devices that are used to perform open heart surgeries in the children having complex heart defects.

  • Paediatric perfusion devices are used to provide mechanical support in open heart surgeries to bypass blood from heart and lung, and regulate blood circulation.
  • The paediatric perfusion devices is evolving due to increasing technological advancements. This is offering a significant boost to the paediatric perfusion devices market in the coming few years.
  • However, several factors such as stringent regulatory guidelines and unavailability of paediatric heart surgeons are some factors projected to hamper the growth of the global paediatric perfusion devices market.
  • Along with this, high cost of devices and dearth of paediatric percussionists in low to middle-income countries are some other factors expected to limit the growth of global paediatric perfusion devices market in the coming few years.

Nevertheless, factors such as increasing incidence of cardiac birth defects, favourable governmental policies and growing penetration of mechanical circulatory support devices are expected to drive the global paediatric perfusion devices market.

Other than this, growing advances in the field of pre-perfusion filters and other paediatric perfusion devices due to the advanced research efforts are expected to fuel the paediatric perfusion devices market.

Pediatric congenital heart surgery is being performed for past 4 decades using a pediatric perfusion devices. In North America, every year over 18,000 pediatric open heart surgeries is performed. The highest number of pediatric open heart surgeries are performed in children aged less than 1 year. The common cause for pediatric bypass is a congenital ventricular septal defect. Pediatric perfusion devices are mechanical circulatory support devices (MCS) that are used in open heart surgical procedures to divert patients’ blood from heart & lung and maintain the blood circulation. The market for pediatric perfusion devices is continuously evolving as new devices and techniques are being developed. Development of new and improved blood pumps in the pediatric perfusion devices market is expected to meet significant unmet needs and improved the innovative landscape in mechanical circulatory support devices. However, the penetration rate for innovations in pediatric perfusion devices varies greatly among regions. For instance, according to the survey conducted by The Pediatric Perfusion Committee, recently introduced integrated arterial line filters show adoption rate of 23% in North America and only 10% in Asia. However, the introduction of integrated line filters showed the reduced volume of traditional standalone arterial line filter and integrated line filters are expected to take over the market share of traditional standalone filters over the next few years.

Primary factors driving the growth of the pediatric perfusion devices market are increasing incidence of cardiac birth defects and growing penetration of mechanical circulatory support devices. Technological advances in the field of pre-perfusion filters and other pediatric perfusion devices as a result of research efforts and improved patient care would fuel the global market growth. Moreover, several pediatric perfusion devices are being developed specifically for patients with complex congenital heart diseases (CHD) and are rigorously being tested, which is expected to launch in the market during the forecast period. However, a high cost of devices and lack of pediatric perfusionists in low to middle-income countries is expected to be the factor limiting the growth of global pediatric perfusion devices market over the forecast period.

The global market for pediatric perfusion devices is segmented on basis of products, end user, and geography:

Segmentation by Products

  • Pediatric Oxygenation Systems
  • Reservoirs
  • Venous Reservoirs
  • Cardiotomy Reservoirs
  • Myocardial Protection Products
  • Cardioplegia Set
  • Conducer Heat Exchanger and Bubble Trap
  • Pediatric Extracorporeal Circuits
  • Pediatric Centrifugal Blood Pumps
  • Arterial Line Filters
  • Pediatric Hemoconcentrators
  • Pediatric Suction and Support Devices
  • Blood Parameter Monitoring Systems

Segmentation by End User

  • Hospitals
  • Ambulatory Surgical Centers

Among all products in global pediatric perfusion devices market, blood parameter monitoring or continuous in-line monitoring devices are expected to show highest adoption rate in all the regions. Safety devices such as bubble trap, arterial filters and pumps are expected to collectively contribute highest market share by value in global pediatric perfusion devices market. Among end users of pediatric perfusion devices market, hospitals end user segment dominates the global market due to the requirement of highly advanced infrastructure to perform open heart surgeries.

On the basis of geography, global pediatric perfusion devices market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Adoption of all the devices varies among the regions. According to the survey conducted by The International Consortium for Evidence-Based Perfusion, safety devices showed highest adoption rate in North America followed by Europe.  84% of pediatric surgical centers in North America reported using continuous real-time monitoring devices whereas, in Asia Pacific 90% of pediatric surgical centers reported to use continuous real-time monitoring devices. Closed venous systems were reported to use by 50% of pediatric surgical centers in Latin America, 10% in Asia Pacific and 3% in North America.

Some of the key players identified in the global pediatric perfusion devices market are Medtronic Inc. Sorin Group, Terumo Corporation, BL Lifesciences, Eurosets, Nonin Medical Inc., etc. among others.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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