Cardiopulmonary Oxygenator Market Technological Advancements, Demand and Future Industry Trends 2028

The global Cardiopulmonary Oxygenator Market is expected to grow from US$ 716.21 million in 2022 to US$ 904.15 million by 2028; it is anticipated to record a CAGR of 4.0% from 2022 to 2028.

The oxygenator removes carbon dioxide and adds oxygen to the blood that is pumped into the arterial system. The blood pumped back into the patient's arteries is sufficient to maintain life at even the most distant parts of the body as well as in the organs. Cardiopulmonary bypass (CPB) procedures require a blood-gas exchanger (oxygenator) to temporarily replace the respiratory function of the lungs. In the past, the majority of CPB procedures have been carried out with bubble oxygenators which affect gas exchange by the dispersion of bubbles into the blood. Membrane oxygenators, on the other hand, utilize a hydrophobic gas-permeable membrane between the blood and gas phases. Bubble oxygenators are being superseded by membrane types for CPB due to improvements in membrane technology and mass transfer efficiency.

Get a Sample PDF of report at- https://www.premiummarketinsights.com/sample/TIP00073771?utm_source=OpenPr&utm_medium=10640

The List of Companies -
1. Getinge AB
2. LivaNova Plc
3. Medtronic Plc
4. Terumo Corp
5. Eurosets SRL
6. Nipro Medical Corp
7. Fresenius Medical Care AG & Co. KGaA
8. MicroPort Scientific Corp
9. Braile Biomédica Industry, Commerce and Representations Ltd
10. Chalice Medical Ltd.

Increasing Surgical Procedures with Surging in Aging Population Provides Major Factor Driving the Cardiopulmonary Oxygenator Market
Surgical procedures are necessary for managing health conditions such as cardiovascular diseases and lung disorders. In some medical cases, no alternative works without surgery. Per an article published in the National Center for Biotechnology Information (NCBI) in 2020, ~310 million major surgical operations are carried out each year worldwide, of which 50-60 million are performed in the US and 20 million are performed in Europe. Cardiovascular surgeries account for more than 16% of the total surgeries worldwide, followed by respiratory surgeries with a 3% share of the total.

The high demand for cardiovascular surgeries can be attributed to the increase in the incidence of cardiovascular diseases in the aging population. Further, lung transplantation may be the only helpful treatment option for patients experiencing serious lung damage and non-resolving COVID-19-associated respiratory failure. Thus, with the growing number of cardiovascular and lung transplant surgeries, the demand for cardiopulmonary oxygenators is also on the rise in the world.

Get Full Report: https://www.premiummarketinsights.com/reports-tip/cardiopulmonary-oxygenator-market

According to the Global Ageing 2019 survey, the global population of people aged 65 and above totaled 703 million in 2019. Furthermore, this population is expected to double to 1.5 billion by 2050. According to the WHO, the percentage of people aged 60 and above is estimated to reach 22% by 2050 from 12% in 2015. Cardiovascular diseases continue to be the leading cause of death among adults over the age of 65. Aging can cause changes in the heart and blood vessels, increasing the risk of developing these diseases. Therefore, the prevalence of cardiovascular diseases among geriatric populations is contributing to the cardiopulmonary oxygenator market growth.

Buy Now this Report @: https://www.premiummarketinsights.com/buy/TIP00073771?utm_source=OpenPr&utm_medium=10640

Contact Us:
If you have any queries about this report or if you would like further information, please
Contact Person: Ankit Mathur
Phone: +1-646-491-9876
Email: sales@premiummarketinsights.com

About Us:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.
Premium Market Insights has an extensive coverage of industry reports, company reports and country reports across all industries. In case your research needs are not met by syndicated reports offered by leading publishers, we can help you by offering a customized research solution by liaising with different research agencies saving your valuable time and money.
We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

This release was published on openPR.