Thailand Perfusion Systems Market Size & Outlook, 2023-2030
- MedTech
- General Surgery
- Perfusion Systems Market Outlook
- General Surgery
Thailand Perfusion Systems Market, 2018-2030 (US$M)
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Thailand perfusion systems market highlights
- The Thailand perfusion systems market generated a revenue of USD 12.8 million in 2023 and is expected to reach USD 20.0 million by 2030.
- The Thailand market is expected to grow at a CAGR of 6.6% 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 12.8 million |
| Market revenue in 2030 | USD 20.0 million |
| Growth rate | 6.6% (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, Thailand accounted for 1.1% 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.
Thailand's perfusion systems market is expanding due to several key drivers: Rising healthcare expenditure and government initiatives to enhance healthcare infrastructure are significant factors. The country's aging population and increasing incidence of chronic diseases, like cardiovascular ailments, are boosting demand for advanced medical technologies, including perfusion systems.
Moreover, Thailand's growing medical tourism sector and investments in healthcare facilities are further driving market growth. For instance, according to the International Travel & Health Insurance Journal in May 2024, Thailand currently has 38,512 healthcare facilities, with 65% being private clinics & hospitals and 35% state-funded. They account for 9,800 public health & district centers, 24,800 private clinics, and 664 secondary & tertiary providers.
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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 |
Thailand 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 42.97% in 2023.
Horizon Databook has segmented the Thailand 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.
Thailand's perfusion systems market is expanding due to several key drivers: Rising healthcare expenditure and government initiatives to enhance healthcare infrastructure are significant factors. The country's aging population and increasing incidence of chronic diseases, like cardiovascular ailments, are boosting demand for advanced medical technologies, including perfusion systems.
Moreover, Thailand's growing medical tourism sector and investments in healthcare facilities are further driving market growth. For instance, according to the International Travel & Health Insurance Journal in May 2024, Thailand currently has 38,512 healthcare facilities, with 65% being private clinics & hospitals and 35% state-funded. They account for 9,800 public health & district centers, 24,800 private clinics, and 664 secondary & tertiary providers.
- Thailand 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 Thailand Perfusion Systems Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Thailand Perfusion Systems Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Thailand Perfusion Systems Market, 2018-2030 (US$M)
Thailand perfusion systems market statistics, by application, 2018-2030 (US$M)
