Qatar On Pump Surgeries Market

On pump CABG is the more traditional method of performing bypass surgery. However its resultant inflammatory effects cause renal dysfunction, gastrointestinal distress and cardiac abnormalities which have forced the surgeons to look for alternatives to the procedure. On-pump surgeries, also known as cardiopulmonary bypass surgeries, involve using a heart-lung machine to take over the function of the heart and lungs during surgery. This allows the surgeon to operate on a still heart, commonly during procedures like coronary artery bypass grafting (CABG), valve replacements, and other complex cardiac surgeries.

Qatar on-pump surgeries market was valued at approximately USD 10 million in 2023. This estimation considers the number of procedures performed annually, the cost of equipment and consumables, and associated healthcare costs.
The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.5% from 2024 to 2030, reaching an estimated value of USD 16 million by 2030. This growth is driven by advancements in surgical techniques, increasing prevalence of cardiovascular diseases, and improving healthcare infrastructure in Qatar.

Market Overview
Market for on-pump surgeries in Qatar is developing rapidly, supported by the nation's focus on enhancing its healthcare sector. The increasing incidence of cardiovascular diseases, coupled with government initiatives to improve cardiac care facilities, is significantly propelling the demand for on-pump surgeries. Moreover, the presence of state-of-the-art medical facilities and the availability of skilled healthcare professionals contribute to the market's growth.

Market Dynamics
Drivers:

• Rising Prevalence of Cardiovascular Diseases: Increasing cases of heart-related ailments necessitate more cardiac surgeries.
• Technological Advancements: Innovations in surgical techniques and equipment improve outcomes and patient safety.
• Government Initiatives: Investments in healthcare infrastructure and favorable policies support market expansion.
   

Restraints:

• High Costs: The expense associated with on-pump surgeries and the required technology can limit accessibility.
• Risks and Complications: Potential complications during and after surgery may deter some patients.
   

Challenges:

• Healthcare Accessibility: Ensuring equal access to advanced surgical procedures across various regions.
• Training and Retention of Skilled Professionals: Maintaining a workforce of highly trained cardiac surgeons and support staff.
   

Opportunities:

• Medical Tourism: Qatar’s growing reputation as a healthcare hub can attract international patients.
• Collaborations and Partnerships: Collaborations with global healthcare institutions can bring in advanced practices and technologies.
   

Regulatory Overview
Qatar’s healthcare system is regulated by the Ministry of Public Health (MoPH), which ensures that medical practices, including on-pump surgeries, adhere to stringent quality and safety standards. The regulatory framework promotes the adoption of advanced medical technologies and best practices, ensuring high standards of patient care.

Product Profiling

• Heart-Lung Machines: Key products include advanced heart-lung machines from manufacturers like Medtronic and Terumo.
• Surgical Instruments: High-quality instruments from companies like Johnson & Johnson and B. Braun.
• Consumables: Various disposable products required for on-pump surgeries, including oxygenators and cannulas.
   

SWOT Analysis
Strengths:

Advanced healthcare infrastructure.
Skilled medical professionals.
Strong government support.
Weakness:

High costs of surgeries and equipment.
Limited accessibility in rural areas.
Opportunities:

Growth in medical tourism.
Potential for technological advancements.
Threats:

Economic fluctuations affecting healthcare budgets.
Competition from other regional healthcare hubs.
 

Porter Five Forces Analysis
Threat of New Entrants: Moderate, due to high capital requirements and regulatory hurdles.
Bargaining Power of Suppliers: High, as few suppliers dominate the market for specialized surgical equipment.
Bargaining Power of Buyers: Moderate, with patients and insurance companies seeking cost-effective solutions.
Threat of Substitutes: Low, given the necessity of on-pump surgeries for certain cardiac conditions.
Industry Rivalry: High, with major hospitals competing to provide the best cardiac care.
 

Company Profiling

• Hamad Medical Corporation (HMC)
• Sidra Medicine
  
  Market Segmentation 

By Procedure Type

• Coronary Artery Bypass Grafting (CABG)
• Valve Replacement
• Other On-Pump Surgeries

On-Pump Coronary Artery Bypass Device Segments

• ONCAB Disposables
• Perfusion System

By Equipment Type

• Heart-Lung Machines
• Oxygenators
• Cannulae
• Cardioplegia Solutions

By End User

• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers

Report Highlights

• Qatar's on-pump surgeries market is growing at a 6.5% CAGR.
• The market is driven by increasing cardiovascular diseases and government support.
• Valve replacement surgeries are the fastest-growing segment.