Italy Extracorporeal Co2 Removal Devices Market Size & Outlook
Italy extracorporeal co2 removal devices market, 2017-2030 (US$M)
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Italy extracorporeal co2 removal devices market highlights
- The Italy extracorporeal co2 removal devices market generated a revenue of USD 1.9 million in 2022 and is expected to reach USD 3.4 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, extracorporeal co2 machines was the largest revenue generating product in 2022.
- Other Products 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 1.9 million |
| Market revenue in 2030 | USD 3.4 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Extracorporeal co2 machines |
| Fastest growing segment | Other Products |
| 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, Italy accounted for 2.4% 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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Italy 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 47.37% in 2022. Horizon Databook has segmented the Italy 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.
Italy’s ECCO2R devices market is expected to register significant growth over the forecast period, owing to factors such as high per capita income and an advanced healthcare system augmenting the demand for novel medical devices. In 2016, the total healthcare expenditure of Italy was 8.94% of its GDP. Life expectancy at birth in Italy is the second highest among European countries and is increasing gradually.
According to World Bank, life expectancy at birth reached 82.54 years in 2016. Presence of well-developed healthcare services in Italy is one of the major factors fostering market growth. In addition, growing geriatric population and increasing incidence of respiratory & cardiovascular diseases are likely to be key contributors to market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy extracorporeal co2 removal devices market, including forecasts for subscribers. This country databook contains high-level insights into Italy extracorporeal co2 removal devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Italy extracorporeal co2 removal devices market size, by product, 2017-2030 (US$M)
Italy Extracorporeal CO2 Removal Devices Market Share, 2022 & 2030 (US$M)
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