Global Centrifugal Blood Pump Market to Hit USD 2.32 Billion by 2031, Fueled by Growth in Cardiac Surgeries and ECMO Use
[Chicago, 4th July 2025] – Clearview Market Insights (CVMI) forecasts that the global centrifugal blood pump market will increase from USD 1.01 billion in 2024 to USD 2.32 billion by 2031, with a CAGR of 12.3%. The rise in cardiovascular disease, increased ECMO use, and technological advancements in pumps are fueling market growth.
“Centrifugal blood pumps are essential life-support devices, providing
dependable blood flow during cardiac surgeries and critical care scenarios like
ECMO,” said Dr. Samuel Nguyen, senior medical devices analyst at CVMI.
Request Sample @ https://clearviewmarketinsights.com/report-details/3global-centrifugal-blood-pump-market/
Key Market Highlights
- 2024
Market Size: USD 1.01 billion
- 2031
Forecast: USD 2.32 billion
- CAGR:
12.3% (2024–2031)
Growth Catalysts
- Cardiovascular
Disease Surge: Higher demand for circulatory support systems.
- ECMO
Growth: Widely adopted in ICUs for severe respiratory and cardiac failure.
- Tech
Innovations: Magnetically levitated pumps and compact portable units.
Segment Insights
- Top Application: Cardiopulmonary bypass accounts for the largest
share.
- Fastest-growing segment: ECMO support, driven by rising critical
care needs.
- Regional leaders: North America leads, followed by Europe;
Asia-Pacific exhibits the fastest growth.
Competitive Overview (2024)
- Abbott
– 24%: Dominant in acute circulatory support with CentriMag™.
- Medtronic
– 19%: Strong in reusable and disposable centrifugal pumps.
- Terumo
– 16%: Known for Capiox® series in cardiac surgeries.
- Others
– 41%: Regional and specialized manufacturers.
Outlook to 2031
The centrifugal blood pump market will grow
with portable ECMO systems, AI-powered monitoring, and improved biocompatible
materials. Expansion into emerging markets and home-based circulatory support
will further boost market growth.
For more insights, visit https://clearviewmarketinsights.com/
About Clearview Market Insights:
Clearview Market Insights is a leading
market research and consulting firm providing in-depth industry analysis and
strategic recommendations for businesses worldwide.
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Comments
Post a Comment