Artificial Lungs Market to achieve CAGR of 7.2% from 2023 to 2032 | insightSLICE
The global Artificial Lungs market is expected grow at a CAGR of 7.2% between 2023 to 2032.
For the Artificial Lungs Market, we have produced several important factors, such as economic conditions, proportional allocation, sales predictions, and a global forecast.
Our analysis examines market competition and lists all the leading players in the artificial lung market. Please be aware that the report’s base year is 2021, while the years before 2020 are used to establish market forecasts for the years 2022 to 2032.
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The important market developments, provincial economies, and competitive factors influencing the worldwide Artificial Lungs Market will also be covered in this research.
Key companies involved in this sector:
Breethe, Haemair, Lung Biotechnology PBC, ALung Technologies, McGowan Institute for Regenerative Medicine, Miromatrix Medical, The Charles Stark Draper Laboratory, MedArray, Michigan Critical Care Consultants, and Xenios are the leading companies in the worldwide artificial lung industry.
Factors that resulted in increased demand for Artificial Lungs products:
International flare-ups of the coronavirus led to an increase in demand for artificial lungs, which act as an exogenous support system for patients who are unable to spontaneously oxygenate their blood and remove carbon dioxide from it.
Artificial lungs are recommended for individuals with end-stage lung diseases, particularly those with chronic obstructive pulmonary disease (COPD), significant pulmonary hypertension (PAH), and intense respiratory pain syndrome (ARDS).
Due to the coronavirus outbreak and associated repercussions related to respiratory ailments globally, a sizable number of individuals are anticipated to become a part of active target consumers for the artificial lung industry.
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Due to the rising prevalence of cardiovascular diseases, the rapid pace of ground-breaking advances in artificial lung research, rising public awareness, and the shifting public preference for minimally invasive procedures and quicker recovery expectations, North America and the Asia-Pacific region are predicted to hold a significant market share over the projected period of 2022–2032.
In this way, the artificial lung market in the North American region is being driven by the rising prevalence of cardiovascular diseases.
Global Artificial Lungs Market Key Segments:
By Product Type
- Single Roller Pump Heart Lung Machines
- Double Roller Pump Heart Lungs Machines
- Bubble Artificial Lung
- Membrane Artificial Lung
By Application Type
- Cardiac Surgery
- Lung Transplant Operation
- Acute Respiratory Failure Treatment
- Others
By Region
- North America
- S.
- Canada
- Rest of North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of APAC
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of MEA
- South America
- Brazil
- Rest of South America
What are the artificial lung solutions and their use cases?
The artificial lung (AL) is a prosthetic device that removes carbon dioxide from the blood and adds oxygen to the blood through a mechanical process. A significant portion of the processes that the natural lung carries out in the human body is anticipated to be replaced in the coming years by the use of such artificial lungs.
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When conventional procedures and mechanical ventilation treatments, fail to help the patient’s health, artificial lung support (AL) is provided as a last-ditch effort. Artificial lungs and other respiratory help devices may finally gain relevance on par with ventricular assist devices.
International flare-ups of the coronavirus led to an increase in demand for artificial lungs, which act as an exogenous support system for patients who are unable to spontaneously oxygenate their blood and remove carbon dioxide from it.
Artificial lungs are recommended for individuals with end-stage lung diseases, particularly those with chronic obstructive pulmonary disease (COPD), significant pulmonary hypertension (PAH), and intense respiratory pain syndrome (ARDS).
Due to the coronavirus outbreak and associated repercussions related to respiratory ailments globally, a sizable number of individuals are anticipated to become a part of active target consumers for the artificial lung industry.
Due to the rising prevalence of cardiovascular diseases, the rapid pace of ground-breaking advances in artificial lung research, rising public awareness, and the shifting public preference for minimally invasive procedures and quicker recovery expectations, North America and the Asia-Pacific region are predicted to hold a significant market share over the projected period of 2022–2032.
In this way, the artificial lung market in the North American region is being driven by the rising prevalence of cardiovascular diseases.
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