Centrifugal Blood Pumps Market Size

Centrifugal Blood Pumps Market size was valued at around USD 100.5 million in 2024 and is anticipated to surpass USD 191 million by 2037, registering a CAGR of 5.5% during the forecast timeline i.e. 2025-2037. In 2025, the industry size of centrifugal blood pumps is evaluated at USD 106 million. As the aged population and the diseases related to cardiovascular conditions rise, so do the requirements for CVD treatments such as centrifugal blood pumps also grow. For instance, according to a WHO report published in June 2021, 17.9 million deaths were caused in the year 2019, owing to cardiovascular diseases (CVDs), representing 32% of global deaths.

In addition, the centrifugal blood pumps market is expanding due to the use of minimally invasive surgical techniques and advancements in pump design that improve patient outcomes and performance. For instance, as per the National Library of Medicine in March 2024, the performance of the centrifugal pump used as a ventricular assist device was simulated using ANSYS CFX 17.0 software. In addition, a configuration with a 45° inlet and 55° outlet angle was found to improve the functionality, increasing the total head by at least 20%. These numerical simulations were validated using a benchmark pump supplied by the US Food and Drug Administration (FDA).