PERFUSION SYSTEM MARKET ANALYSIS

Regional Analysis

Perfusion System Market Regional Analysis

North America is expected to hold a dominant position in the global perfusion system market due to high presence of key players and increasing collaborations among them to expand their product’s reach in the region. For instance, in 2016 Medtronic plc., a U.S. - based medical device company, entered into a strategic partnership with Spectrum Medical Ltd. for the distribution of Spectrum Medical’s new Quantum Perfusion Systems in Canada and other regions. In 2017, Paragonixc Technologies, Inc. entered into a strategic distribution agreement with MBA Medical to market Paragonix Technologies’ SherpaPak Cardiac and Kidney Transport Systems, in the Southern part of U.S. Furthermore, Europe is expected to witness significant growth in the global perfusion system market, owing to increasing approvals of new perfusion systems in the region. In 2016, Limflow SA received CE marking for its latest percutaneous LimFlow System designed for venous arterialization of the lower limbs for patients with end-stage risk of limb amputation for Critical Limb Ischemia.