Pediatric Perfusion Products Market Segmentation:
End user Segment Analysis
Pediatric cardiac centers are dominating the end user segment and is expected to hold the revenue share of 45.0% by 2035. The segment is driven by their expertise in treating congenital heart conditions. Such facilities need sophisticated perfusion systems designed to pediatric physiology. The Health Children data in July 2023 states that more than 1,800 pediatric organ transplants occur every year, most of which involve perfusion support. Increasing volumes in surgery and growth of specialized care centers are fueling demand for high-performance perfusion products, making this segment a prime revenue driver in 2035.
Product Type Segment Analysis
Based on the product type, the pediatric perfusion pumps segment is predicted to capture the largest share at 33% in the pediatric perfusion products market over the assessed period. The growth of the pediatric perfusion pump segment is expected to continue increasing due to the rising rates of congenital heart disease and advancements in pump technology, which enhance patient safety. Pediatric perfusion pumps are essential during cardiac surgeries, enabling surgeons to precisely control blood flow for extremely fragile pediatric patients. In addition to that, the market will be supported by hospitals that are upgrading their existing pumps to improved pediatric-specific pumps that do not have the traditional risk of complications associated with extracorporeal circulation.
Technology Segment Analysis
In terms of technology, the disposable pediatric perfusion sets segment is anticipated to hold the highest revenue proportion in the pediatric perfusion products market throughout the discussed timeline. As per the NLM study in December 2022, the disposable component usage is 86% in centers. The move toward disposable perfusion sets is driven by imperatives for infection control and regulatory guidelines for single-use devices in order to help reduce hospital-acquired infections. The World Health Organization (WHO) is focusing on the use of disposables to reduce the risk of contaminating sensitive pediatric populations. Disposables also provide operational efficiencies and lower sterilization costs. This is prompting higher adoption rates around the globe.
Our in-depth analysis of the pediatric perfusion products market includes the following segments:
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