ADULT AND PEDIATRIC HEMOCONCENTRATORS MARKET ANALYSIS
Adult and Pediatric Hemoconcentrators Market- Insights
The global adult and pediatric hemoconcentrators market size was valued at US$ 10.7 Mn in 2017, and is expected to witness a CAGR of 3.3% during the forecast period (2018 – 2026).
High prevalence of cardiovascular diseases is expected to lead to high demand for hemoconcentrators and thus drive the adult and pediatric hemoconcentrators market growth
Hemoconcentrators are widely used devices during cardio bypass surgery. High prevalence of cardiovascular diseases is expected to be a major factor propelling demand for hemoconcentrator. According to the data published by World Health Organization (WHO) in 2017, cardiovascular diseases is the leading cause of death globally. Annually, more people die from cardiovascular diseases than from any other cause.
According to the data published by World Health Organization (WHO) in 2018, an estimated around 17.7 million people died from cardiovascular diseases in 2015, representing 31% of all global deaths. Such high prevalence of cardiovascular diseases is expected to lead to high demand for hemoconcentrators and drive global adult and pediatric hemoconcentrators market growth over the forecast period.
Figure 1. Global Adult and Pediatric Hemoconcentrators Market Share (%) Analysis, By End User, 2018, 2026
Source: Coherent Market Insights Analysis (2019)
Figure 2. Global Adult and Pediatric Hemoconcentrators Market Share (%) Analysis, By Region, 2026
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