South Korea Membrane Oxygenators Market Size & Outlook
South Korea membrane oxygenators market, 2016-2028 (US$M)
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South Korea membrane oxygenators market highlights
- The South Korea membrane oxygenators market generated a revenue of USD 2.9 million in 2021 and is expected to reach USD 3.1 million by 2028.
- The South Korea market is expected to grow at a CAGR of 1.1% from 2022 to 2028.
- In terms of segment, hollow fiber membrane oxygenators was the largest revenue generating type in 2021.
- Hollow Fiber Membrane Oxygenators is the most lucrative type segment registering the fastest growth during the forecast period.
Membrane oxygenators market data book summary
| Market revenue in 2021 | USD 2.9 million |
| Market revenue in 2028 | USD 3.1 million |
| Growth rate | 1.1% (CAGR from 2021 to 2028) |
| Largest segment | Hollow fiber membrane oxygenators |
| Fastest growing segment | Hollow Fiber Membrane Oxygenators |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hollow Fiber Membrane Oxygenators, Flat Sheet Membrane Oxygenators |
| Key market players worldwide | Medtronic PLC, Fresenius SE & Co KGaA, Getinge AB ADR, Terumo Corp, MicroPort Scientific Corp, Nipro Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.2% of the global membrane oxygenators market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China membrane oxygenators market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 8.4 million by 2028.
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Membrane Oxygenators Market Scope
Membrane Oxygenators Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea membrane oxygenators 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 membrane oxygenators market will help companies and investors design strategic landscapes.
Hollow fiber membrane oxygenators was the largest segment with a revenue share of 62.07% in 2021. Horizon Databook has segmented the South Korea membrane oxygenators market based on hollow fiber membrane oxygenators, flat sheet membrane oxygenators covering the revenue growth of each sub-segment from 2016 to 2028.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea membrane oxygenators market , including forecasts for subscribers. This country databook contains high-level insights into South Korea membrane oxygenators market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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South Korea membrane oxygenators market size, by type, 2016-2028 (US$M)
South Korea Membrane Oxygenators Market Outlook Share, 2021 & 2028 (US$M)
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