What is the Market Size and Growth Forecast for the Pediatric Perfusion Market?
The pediatric perfusion market has shown strong growth in recent years, growing from $2.66 billion in 2024 to $2.85 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth can be attributed to early pediatric cardiac surgery milestones, pioneering perfusion techniques, the evolution of pediatric perfusion equipment, foundational research in pediatric cardiology, and the emergence of pediatric heart centers.
Furthermore, the market is expected to witness stronger growth in the coming years, with a forecast to reach $4 billion in 2029, at a compound annual growth rate (CAGR) of 8.8%. This growth can be attributed to the global expansion of pediatric cardiac services, advancements in neuroprotection, investments in pediatric cardiac care, customized perfusion solutions, and a rise in hybrid operating room usage. Major trends in the forecast period include research in pediatric cardiac care, continuous education and training, focus on neuroprotection, pediatric-specific equipment development, and evolving cannulation techniques.
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What are the Major Drivers of the Pediatric Perfusion Market?
The prevalence of cardiac congenital disorders is expected to propel the growth of the pediatric perfusion market going forward. Cardiac congenital disorders refer to defects present at birth that impact the development and functionality of a baby’s heart, affecting how blood travels from the heart to other organs. Pediatric perfusion is extensively used during cardiac surgeries to repair or correct these structural defects. The high prevalence of these disorders is evidenced by reports from the World Health Organization and the Centers for Disease Control (CDC), both highlighting the significant number of newborn deaths and birth defects attributed to congenital diseases globally and in the United States annually.
What are the Main Segments of the Pediatric Perfusion Market?
1) By Product: Pediatric Cannulae, Pediatric Centrifugal Blood Pumps, Pediatric Arterial Filters, Hem concentrators, HMS Plus Hemostasis Management System, Pediatric Oxygenators
2) By Procedure Type: Pediatric Cardiac Surgeries, Pediatric Organ Transplantation, Pediatric Extracorporeal Life Support (ECLS)
3) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-users
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Who are the Major Players in the Pediatric Perfusion Market?
Major companies operating in the pediatric perfusion market include Medtronic plc, Terumo Cardiovascular Systems Corporation, LivaNova PLC, B. L. Lifesciences Pvt. Ltd., Eurosets, GE HealthCare Technologies Inc., Nonin Medical Inc., Koninklijke Philips N.V., Sorin Group, Cardinal Health Inc, Fluigent, Getinge AB, Xvivo Perfusion AB, Masimo Corporation, Philips Healthcare, Edwards Lifesciences Corporation, Maquet Holding B.V. & Co. KG, Smiths Medical Inc., Fresenius Kabi AG, Nipro Medical Corporation, Hemovent GmbH, Spectrum Medical Ltd., Braile Biomédica, Leviticus Cardio Ltd., Medos Medizintechnik AG, Beijing Medos Electronic Medical Equipment Co. Ltd., Medline Industries Inc., B. Braun Melsungen AG, Baxter International Inc., ALung Technologies Inc., Novalung GmbH, SynCardia Systems LLC, Xenios AG.
What are the Emerging Trends in the Pediatric Perfusion Market?
Product innovations are a key trend gaining popularity in the pediatric perfusion market. Major market players are concentrating their efforts on creating newer technologies such as cardiopulmonary bypass (CPB) and cardiovascular perfusion, along with extracorporeal technological advancements like miniaturized extracorporeal circulation (MECC) systems, pediatric cardiac surgery, advanced oxygenators, and closed-loop perfusion systems.
Which Region Will Experience the Fastest Growth in the Pediatric Perfusion Market?
North America was the largest region in the pediatric perfusion market in 2024. The regions covered in the pediatric perfusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Pediatric Perfusion Market Report 2025 Offer?
Pediatric perfusion refers to a medical tool that aids in circulating blood throughout a pediatric patient’s body. It is crucial for pediatric patients because it keeps their blood pressure and oxygen levels stable and ensures that blood is getting to all of their body components. The Pediatric Perfusion Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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