[Chicago, 4th July 2025] – Clearview Market Insights (CVMI) forecasts that the global centrifugal blood pump market will increase from USD 1.01 billion in 2024 to USD 2.32 billion by 2031, with a CAGR of 12.3%. The rise in cardiovascular disease, increased ECMO use, and technological advancements in pumps are fueling market growth.
“Centrifugal blood pumps are essential life-support devices, providing dependable blood flow during cardiac surgeries and critical care scenarios like ECMO,” said Dr. Samuel Nguyen, senior medical devices analyst at CVMI.
Request Sample @ https://clearviewmarketinsights.com/report-details/3global-centrifugal-blood-pump-market/
Key Market Highlights
- 2024 Market Size: USD 1.01 billion
- 2031 Forecast: USD 2.32 billion
- CAGR: 12.3% (2024–2031)
Growth Catalysts
- Cardiovascular Disease Surge: Higher demand for circulatory support systems.
- ECMO Growth: Widely adopted in ICUs for severe respiratory and cardiac failure.
- Tech Innovations: Magnetically levitated pumps and compact portable units.
Segment Insights
- Top Application: Cardiopulmonary bypass accounts for the largest share.
- Fastest-growing segment: ECMO support, driven by rising critical care needs.
- Regional leaders: North America leads, followed by Europe; Asia-Pacific exhibits the fastest growth.
Competitive Overview (2024)
- Abbott – 24%: Dominant in acute circulatory support with CentriMag™.
- Medtronic – 19%: Strong in reusable and disposable centrifugal pumps.
- Terumo – 16%: Known for Capiox® series in cardiac surgeries.
- Others – 41%: Regional and specialized manufacturers.
Outlook to 2031
The centrifugal blood pump market will grow with portable ECMO systems, AI-powered monitoring, and improved biocompatible materials. Expansion into emerging markets and home-based circulatory support will further boost market growth.
For more insights, visit https://clearviewmarketinsights.com/
About Clearview Market Insights:
Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369
