Asia Pacific Extracorporeal Co2 Removal Devices Market Size & Outlook
Asia Pacific extracorporeal co2 removal devices market, 2017-2030 (US$M)
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Asia Pacific extracorporeal co2 removal devices market highlights
- The Asia Pacific extracorporeal co2 removal devices market generated a revenue of USD 17.3 million in 2022.
- The market is expected to grow at a CAGR of 8.9% from 2023 to 2030.
- In terms of segment, extracorporeal co2 machines was the largest revenue generating product in 2022.
- Extracorporeal CO2 machines is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 17.3 million |
| Market revenue in 2030 | USD 34.1 million |
| Growth rate | 8.9% (CAGR from 2022 to 2030) |
| Largest segment | Extracorporeal co2 machines |
| Fastest growing segment | Extracorporeal CO2 machines |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Extracorporeal CO2 machines, Disposables, Other Products |
| Key market players worldwide | Medtronic PLC, Getinge AB ADR, Fresenius Medical Care AG, LivaNova PLC, Aferetica, Estor |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.9% of the global extracorporeal co2 removal devices market in 2022.
- 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 34.1 million by 2030.
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Extracorporeal CO2 Removal Devices Market Scope
Extracorporeal CO2 Removal Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific extracorporeal co2 removal devices 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 extracorporeal co2 removal devices market will help companies and investors design strategic landscapes.
Extracorporeal co2 machines was the largest segment with a revenue share of 54.34% in 2022. Horizon Databook has segmented the Asia Pacific extracorporeal co2 removal devices market based on extracorporeal co2 machines, disposables, other products covering the revenue growth of each sub-segment from 2017 to 2030.
Asia Pacific’s economy is majorly driven by China and Japan. Growing prevalence of chronic diseases such as cardiopulmonary diseases due to unhealthy eating habits, excess tobacco consumption, and rising awareness about ECCO2R devices has led to rise in its adoption rate in hospitals.
Moreover, government initiatives, success rate of ECCO2R systems during cardiothoracic surgeries are expected to boost market growth. A huge population with low per capita income in the Asia Pacific region led to a high demand for affordable treatment options. Multinational companies are looking forward to investing in developing countries, such as China. This is further expected to boost market growth over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific extracorporeal co2 removal devices market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific extracorporeal co2 removal devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific extracorporeal co2 removal devices market size, by country, 2017-2030 (US$M)
Asia Pacific Extracorporeal CO2 Removal Devices Market Share, 2022 & 2030 (US$M)
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