India Perfusion Systems Market Size & Outlook, 2023-2030
India perfusion systems market, 2018-2030 (US$M)
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India perfusion systems market highlights
- The India perfusion systems market generated a revenue of USD 47.5 million in 2023 and is expected to reach USD 67.8 million by 2030.
- The India market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, cardiopulmonary perfusion system was the largest revenue generating application in 2023.
- Cardiopulmonary Perfusion System is the most lucrative application segment registering the fastest growth during the forecast period.
Perfusion systems market data book summary
| Market revenue in 2023 | USD 47.5 million |
| Market revenue in 2030 | USD 67.8 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Cardiopulmonary perfusion system |
| Fastest growing segment | Cardiopulmonary Perfusion System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiopulmonary Perfusion System, Cell Perfusion System, Ex-Vivo Organ Perfusion System |
| Key market players worldwide | Getinge AB ADR, Medtronic PLC, LivaNova PLC, Terumo Corp, Nipro Corp, Fresenius Medical Care AG, Repligen Corp, Spectrum Brands Holdings Inc, Merck KGaA, Xvivo Perfusion AB |
Other key industry trends
- In terms of revenue, India accounted for 4.2% of the global perfusion systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan perfusion systems market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 20.0 million by 2030.
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Perfusion Systems Market Scope
Perfusion Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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India perfusion systems 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 perfusion systems market will help companies and investors design strategic landscapes.
Cardiopulmonary perfusion system was the largest segment with a revenue share of 43.16% in 2023. Horizon Databook has segmented the India perfusion systems market based on cardiopulmonary perfusion system, cell perfusion system, ex-vivo organ perfusion system covering the revenue growth of each sub-segment from 2018 to 2030.
Several factors are anticipated to drive the perfusion systems market in India over the forecast period. Key drivers include the country’s liberal medical device regulations and increase in healthcare spending.
The emergence of new corporate hospitals and growing number of training programs & awareness campaigns about perfusion systems are also promoting their adoption. For instance, according to THG PUBLISHING PVT LTD in May 2024, the Idhayam Kappom Scheme, launched last June, has provided loading doses to 7,896 heart patients through primary health centers and government hospitals.
Moreover, the Health Minister of the state inaugurated the advanced cath lab, a robotic surgical suite, a next-generation perfusion system, a Centurion Vision System (ALCON), and a digital radiography system with Artificial Intelligence (AI) at KG Hospital in Tamil Nadu. These state-ofthe-art equipment offer benefits such as shorter surgery duration, reduced blood loss, scar-free procedures, and shorter hospital stays.
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Horizon Databook provides a detailed overview of country-level data and insights on the India perfusion systems market , including forecasts for subscribers. This country databook contains high-level insights into India perfusion systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India perfusion systems market size, by application, 2018-2030 (US$M)
India Perfusion Systems Market Outlook Share, 2023 & 2030 (US$M)
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