Germany Extracorporeal Co2 Removal Devices Market Size & Outlook
Germany extracorporeal co2 removal devices market, 2017-2030 (US$M)
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Germany extracorporeal co2 removal devices market highlights
- The Germany extracorporeal co2 removal devices market generated a revenue of USD 4.6 million in 2022 and is expected to reach USD 8.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
- In terms of segment, extracorporeal co2 machines was the largest revenue generating product in 2022.
- Disposables is the most lucrative product segment registering the fastest growth during the forecast period.
Extracorporeal co2 removal devices market data book summary
| Market revenue in 2022 | USD 4.6 million |
| Market revenue in 2030 | USD 8.7 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Extracorporeal co2 machines |
| Fastest growing segment | Disposables |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Germany accounted for 5.8% of the global extracorporeal co2 removal devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK extracorporeal co2 removal devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 10.7 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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Germany 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 50% in 2022. Horizon Databook has segmented the Germany 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.
Germany’s extracorporeal CO2 removal devices market is mainly driven by growing prevalence of diseases, such as chronic obstructive pulmonary disease, technological advancements in medical research equipment, and growing demand for ECCO2R devices in hospitals.
Increasing government investment owing to growing public finances, robust institutional framework, and rising competitiveness among various global & domestic players in extracorporeal CO2 removal devices market are few factors responsible for growth.
Germany has a large number of hospitals, pharmaceutical companies, and medical devices companies that contribute toward the growth of healthcare economy. Initiatives such as excellence initiative was started by German state government and federal government to enhance the region’s research and development activities and to improve the quality of research institutes and other bodies who work for developing new and advanced products in healthcare.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany extracorporeal co2 removal devices market, including forecasts for subscribers. This country databook contains high-level insights into Germany extracorporeal co2 removal devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany extracorporeal co2 removal devices market size, by product, 2017-2030 (US$M)
Germany Extracorporeal CO2 Removal Devices Market Share, 2022 & 2030 (US$M)
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