Asia Pacific Perfusion Systems Market Size & Outlook
The perfusion systems market in Asia Pacific is expected to reach a projected revenue of US$ 373.9 million by 2030. A compound annual growth rate of 5.5% is expected of Asia Pacific perfusion systems market from 2024 to 2030.
The Asia Pacific perfusion systems market generated a revenue of USD 256.6 million in 2023.
The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
In terms of segment, cardiopulmonary perfusion system was the largest revenue generating application in 2023.
Cardiopulmonary Perfusion System is the most lucrative application segment registering the fastest growth during the forecast period.
Country-wise, Thailand is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
Market revenue in 2023
USD 256.6 million
Market revenue in 2030
USD 373.9 million
Growth rate
5.5% (CAGR from 2023 to 2030)
Largest segment
Cardiopulmonary perfusion system
Fastest growing segment
Cardiopulmonary Perfusion System
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Cardiopulmonary Perfusion System, Cell Perfusion System, Ex-Vivo Organ Perfusion System
Key market players worldwide
Getinge AB ADR, Medtronic PLC, LivaNova PLC, Terumo Corp, Nipro Corp, Fresenius Medical Care AG, Repligen Corp, Spectrum Brands Holdings Inc, Merck KGaA, Xvivo Perfusion AB
Other key industry trends
In terms of revenue, Asia Pacific region accounted for 22.9% of the global perfusion systems market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 373.9 million by 2030.
The Asia Pacific region is expected to experience the highest growth during the forecast period. Factors such as an aging population and a shift toward a sedentary lifestyle contribute to a rise in chronic diseases, driving market growth.
Moreover, regional government initiatives are anticipated to boost the perfusion systems market. Furthermore, a significant demand-supply gap between patients needing organ transplants and available donors is driving the number of strategies being undertaken by government bodies to promote organ donation.
Many companies in the Asia Pacific region are implementing initiatives to enhance patient safety, thereby boosting the perfusion system market. These efforts include adopting advanced technologies, conducting training programs for healthcare professionals, and promoting best practices in clinical settings.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Perfusion Systems Market Outlook will help companies and investors design strategic landscapes.
Cardiopulmonary Perfusion System was the largest segment with a revenue share of 43.92% in 2023.
Horizon Databook has segmented the Asia Pacific perfusion systems market based on cardiopulmonary perfusion system, cell perfusion system, ex-vivo organ perfusion system covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is expected to experience the highest growth during the forecast period. Factors such as an aging population and a shift toward a sedentary lifestyle contribute to a rise in chronic diseases, driving market growth.
Moreover, regional government initiatives are anticipated to boost the perfusion systems market. Furthermore, a significant demand-supply gap between patients needing organ transplants and available donors is driving the number of strategies being undertaken by government bodies to promote organ donation.
Many companies in the Asia Pacific region are implementing initiatives to enhance patient safety, thereby boosting the perfusion system market. These efforts include adopting advanced technologies, conducting training programs for healthcare professionals, and promoting best practices in clinical settings.
Asia Pacific Perfusion Systems Market Application Outlook (Revenue, USD Million , 2018-2030)
Cardiopulmonary Perfusion System
Cell Perfusion System
Ex-Vivo Organ Perfusion System
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Perfusion Systems Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Perfusion Systems Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Perfusion Systems Market, 2018-2030 (US$M)