Cardiac surgery has experienced a tremendous growth in technological
advancement, and the coronary bypass grafting has become routinely
safe worldwide. Advancements in valve repair and replacement have
improved the outcomes for patients each year who are afflicted with
valvular heart diseases. Congenital heart defects can be repaired in
infants, even those weighing less than 2 kg with a positive outcome.
The cardiopulmonary bypass surgery is used to repair cardiac defects,
and cannulae play a vital role during this process as these tubes
provide bloodless and motionless environment to cardiothoracic
surgeons to repair the defects.
The growth of the global pediatric cannulae market is driven by the
rise in incidence of congenital heart defects among infants,
advancement in pediatric surgical procedures, and innovative product
development by key players. Furthermore, rising health care
expenditure, advancement in health care facilities in developing
countries, and government initiatives to create awareness about
congenital heart defects are the major factors driving the market
growth of the global pediatric cannulae market. However, rising cost
of equipment and lack of skilled cardiothoracic surgeons and
physicians to perform surgeries are the factors which are restricting
the growth of the global market. On the other hand, penetration of
regional or local players with low cost devices is likely to boost
the growth of the market in emerging economies.
The global pediatric cannulae market has been segmented by product,
material type, end-user, and region. Based on product, the global
pediatric cannulae market is segmented into extracorporeal and
cardioplegia products. The extracorporeal products segment is further
segmented into arterial cannulae, femoral cannulae, and venous
cannulae. Arterial cannulae are used to return oxygenated blood to
the patient during the cardiopulmonary bypass surgery. The femoral
cannulae are used for placement in femoral vein and are ideally
suited for percutaneous and direct insertion. Venous cannulae are
designed to provide venous drainage. The cardioplegic products
segment is divided into antegrade cannulae and retrograde cannulae.
The antegrade cardioplegia cannula allows the supply of solutions via
coronary arteries, and in retrograde cardioplegia cannula, solutions
are supplied through coronary veins. The retrograde cannulae
sub-segment is further divided into manually inflating balloon and
self-inflating balloon.
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In terms of material type, the market is segmented into biocompatible
material, polyurethane, polyvinyl chloride (PVC), silicone, and
others. In terms of end-user, the market is divided into hospitals,
clinics, ambulatory surgical centers, and others. The hospitals
segment held the largest share of the pediatric cannulae market owing
to rising patient preference towards established hospitals for
cardiac surgeries, growing number of patients, and growing adoption
of new products and techniques by hospitals in the treatment of
cardiac disorders.
Based on region, the global pediatric cannulae market is distributed
over five regions: North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa. North America is projected to
dominate the global pediatric cannulae market in terms of revenue
during the forecast period, followed by Europe. This is attributed to
factors such as advancements in the treatment of congenital heart
diseases, which has enabled healthcare providers to efficiently treat
neonates, pediatric and infants suffering from congenital heart
defects. However, Asia Pacific is projected to expand at a high CAGR
during the forecast period due to growing prevalence rate of
cardiovascular diseases among children, increasing adoption of
minimally invasive techniques, and rising government funding and
initiatives in creating awareness about pediatric congenital heart
diseases.
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Key players operating in the global pediatric cannulae market include
MAQUET Holding B.V. & Co. KG, Becton Dickinson, Medtronic Inc.,
Edwards Lifesciences Corporation, Sorin Group, Braile Biomédica,
ANDOCOR n.v., DTR Medical, Medline Industries, Inc., Mortech
Industries, and Eurosets.
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