China Perfusion Systems Market Size & Outlook, 2023-2030
- MedTech
- General Surgery
- Perfusion Systems Market Outlook
- General Surgery
China Perfusion Systems Market, 2018-2030 (US$M)
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China perfusion systems market highlights
- The China perfusion systems market generated a revenue of USD 59.0 million in 2023 and is expected to reach USD 86.5 million by 2030.
- The China market is expected to grow at a CAGR of 5.6% 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.
Perfusion systems market data book summary
| Market revenue in 2023 | USD 59.0 million |
| Market revenue in 2030 | USD 86.5 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Cardiopulmonary perfusion system |
| Fastest growing segment | Cardiopulmonary Perfusion System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 5.3% of the global perfusion systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan perfusion systems market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 20.0 million by 2030.
With the high unmet needs of the growing population, the perfusion systems market is expected to experience significant growth. In 2023, the National Bureau of Statistics of China reported that individuals aged 60 and above made up about 19.8% of the population in 2022.
Healthcare reforms in China are expected to further drive market expansion. For instance, LifeSeeds, part of the China Rural Health Initiative (CRHI), aims to improve healthcare access in underserved regions, creating opportunities for market players.
In addition, China, the second-largest medical device market globally, is seeing an increasing prevalence of COPD and cardiopulmonary diseases, further boosting market growth. For instance, according to the WHO, in November 2023, nearly 100 million people in China suffered from COPD, representing about 25% of global COPD cases.
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Perfusion Systems Market Scope
Perfusion Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Merck KGaA | View profile | 62,345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | www.emdgroup.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Getinge AB ADR | View profile | 11,862 | Lindholmspiren 7A, P.O. Box 8861, Gothenburg, Sweden, SE-417 56 | www.getinge.com |
| Terumo Corp | View profile | 30,207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | www.terumo.com |
| Spectrum Brands Holdings Inc | View profile | 3,100 | 3001 Deming Way, Middleton, WI, United States, 53562 | www.spectrumbrands.com |
| Nipro Corp | View profile | 39,713 | 3-9-3 Honjo-Nishi Kita-ku, Osaka, Japan, 531-8510 | www.nipro.co.jp |
| LivaNova PLC | View profile | 2,900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | www.livanova.com |
| Repligen Corp | View profile | 1,783 | 41 Seyon Street, Building 1, Suite 100, Waltham, MA, United States, 02453 | www.repligen.com |
| Fresenius Medical Care AG | View profile | 119,845 | Else-Kroener-Strasse 1, Bad Homburg, HE, Germany, 61352 | www.freseniusmedicalcare.com |
| Xvivo Perfusion AB | View profile | 130 | Gemenskapens gata 9, Mölndal, Sweden, SE-431 53 | www.xvivoperfusion.com |
China Perfusion Systems Market Outlook
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 45.93% in 2023.
Horizon Databook has segmented the China 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.
With the high unmet needs of the growing population, the perfusion systems market is expected to experience significant growth. In 2023, the National Bureau of Statistics of China reported that individuals aged 60 and above made up about 19.8% of the population in 2022.
Healthcare reforms in China are expected to further drive market expansion. For instance, LifeSeeds, part of the China Rural Health Initiative (CRHI), aims to improve healthcare access in underserved regions, creating opportunities for market players.
In addition, China, the second-largest medical device market globally, is seeing an increasing prevalence of COPD and cardiopulmonary diseases, further boosting market growth. For instance, according to the WHO, in November 2023, nearly 100 million people in China suffered from COPD, representing about 25% of global COPD cases.
- China 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 country-level data and insights on the China Perfusion Systems Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Perfusion Systems Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Perfusion Systems Market, 2018-2030 (US$M)
China perfusion systems market statistics, by application, 2018-2030 (US$M)
