Asia Pacific Extracorporeal Membrane Oxygenation Machine Market Size & Outlook
Asia Pacific extracorporeal membrane oxygenation machine market, 2018-2030 (US$M)
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Asia Pacific extracorporeal membrane oxygenation machine market highlights
- The Asia Pacific extracorporeal membrane oxygenation machine market generated a revenue of USD 70.6 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, oxygenators was the largest revenue generating component in 2023.
- Oxygenators is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 70.6 million |
| Market revenue in 2030 | USD 108.0 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Oxygenators |
| Fastest growing segment | Oxygenators |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Pumps, Oxygenators, Heater - cooler unit, Tubing |
| Key market players worldwide | Medtronic PLC, Getinge AB Class B, MicroPort Scientific Corp, Terumo Corp, Nipro Corp, LivaNova PLC, CytoSorbents Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.9% of the global extracorporeal membrane oxygenation machine 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 108.0 million by 2030.
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Extracorporeal Membrane Oxygenation Machine Market Scope
Extracorporeal Membrane Oxygenation Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific extracorporeal membrane oxygenation machine 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 membrane oxygenation machine market will help companies and investors design strategic landscapes.
Oxygenators was the largest segment with a revenue share of 34.56% in 2023. Horizon Databook has segmented the Asia Pacific extracorporeal membrane oxygenation machine market based on blood pumps, oxygenators, heater - cooler unit, tubing covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region’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 ECMO has led to rise in its adoption rate in hospitals.
Moreover, government initiatives, success rate of ECMO systems during cardiothoracic surgeries are said to foster the market growth. A huge population base with low per capita income in the Asia Pacific 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 the market 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 membrane oxygenation machine market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific extracorporeal membrane oxygenation machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific extracorporeal membrane oxygenation machine market size, by country, 2018-2030 (US$M)
Asia Pacific Extracorporeal Membrane Oxygenation Machine Market Outlook Share, 2023 & 2030 (US$M)
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