Increasing Product Portfolio to Offer Growth Opportunities for Global Cardiopulmonary Bypass Equipment Market Players

Published Date : May 29, 2017

ALBANY, New York, May 29, 2017: A new market research study has been recently added by to its vast collection of research reports. The 65-page research study, titled “Cardiopulmonary Bypass Equipment - Medical Devices Pipeline Assessment, 2017,” provides a detailed reports of the market. The study helps in the formulating significant information regarding the cardiopulmonary bypass equipment market, highlighting the research and development activities and innovations. In addition, the study helps in identifying the emerging players with a strong product portfolio that are expected to contribute significantly in the coming years. 

A significant development of the healthcare sector across the globe is expected to encourage the growth of the global cardiopulmonary bypass equipment market over the forecast period. The emergence of innovative and new equipment for cardiopulmonary bypass is predicted to generate potential growth opportunities for key players operating in the market across the globe. In addition to this, technological advancements in this field is estimated to accelerate the growth of the overall market in the next few years. On the other hand, the lack of awareness regarding the availability of new equipment and effective therapeutics, particularly in emerging economies is expected to restrict the growth of the market in the near future.

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Nevertheless, the rising participation of new players is likely to expand the number of products and equipment, which will encourage the market’s growth in the coming years. Moreover, the presence of a strong pipeline and the increasing number of clinical trials are estimated to contribute towards the market’s growth in the next few years. The estimated market statistics and the growth rate of each segment have been discussed at length in the research report to offer a clear picture of the market. 

From a regional outlook, developed economies across the globe are projected to witness a robust growth throughout the forecast period. The availability of advanced healthcare facilities and the rising investments in this sector are some of the other major factors that are anticipated to generate promising growth opportunities for the market players. On the flip side, the high cost required for equipment and treatments are predicted to curtail the growth of the global cardiopulmonary bypass equipment market over the next few years.

Some of the key players operating in the cardiopulmonary bypass equipment market across the globe are Michigan Critical Care Consultants, Inc., LivaNova PLC, Nikkiso Co., Ltd., Mayo Clinic US, Sree Chitra Tirunal Institute for Medical Sciences & Technology, Emory University, University of Strathclyde, AngioDynamics Inc., Nipro Corp., University of Pittsburgh, Design Mentor, Inc., and Circulatory Technology Inc. These players are anticipated to focus on the development of new product development in order to attain a leading position in the global market and contribute towards the overall development throughout the forecast period.

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