Europe Perfusion Systems Market Size & Outlook, 2023-2030
The perfusion systems market in Europe is expected to reach a projected revenue of US$ 402.9 million by 2030. A compound annual growth rate of 4.3% is expected of Europe perfusion systems market from 2024 to 2030.
The Europe perfusion systems market generated a revenue of USD 300.9 million in 2023.
The market is expected to grow at a CAGR of 4.3% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
Market revenue in 2023
USD 300.9 million
Market revenue in 2030
USD 402.9 million
Growth rate
4.3% (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, Europe region accounted for 26.9% 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.
Europe is one of the most developed regions in the world. Increasing public & private investment in R&D are some of the significant factors contributing to the growth of this region. Rising demand for healthcare devices coupled with increasing prevalence of chronic diseases, such as respiratory failure and cardiopulmonary diseases, are major drivers anticipated to augment regional market growth.
Increasing demand for advanced technologies and rising health awareness are key factors expected to boost market growth. Growing healthcare expenditure in this region is expected to boost technological advancements in the healthcare industry.
Therefore, it can be one of the factors responsible for driving the perfusion system market. In addition, favorable reimbursement policies, increase in government investments in long-term healthcare plans, and growing healthcare research infrastructure are also expected to boost adoption of perfusion systems.
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 44.4% in 2023.
Horizon Databook has segmented the Europe 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.
Europe is one of the most developed regions in the world. Increasing public & private investment in R&D are some of the significant factors contributing to the growth of this region. Rising demand for healthcare devices coupled with increasing prevalence of chronic diseases, such as respiratory failure and cardiopulmonary diseases, are major drivers anticipated to augment regional market growth.
Increasing demand for advanced technologies and rising health awareness are key factors expected to boost market growth. Growing healthcare expenditure in this region is expected to boost technological advancements in the healthcare industry.
Therefore, it can be one of the factors responsible for driving the perfusion system market. In addition, favorable reimbursement policies, increase in government investments in long-term healthcare plans, and growing healthcare research infrastructure are also expected to boost adoption of perfusion systems.
Europe 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 Europe Perfusion Systems Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Perfusion Systems Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.