Middle East & Africa Perfusion Systems Market Size & Outlook
Middle East & Africa perfusion systems market, 2018-2030 (US$M)
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MEA perfusion systems market highlights
- The MEA perfusion systems market generated a revenue of USD 48.8 million in 2023.
- The market is expected to grow at a CAGR of 4.6% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 48.8 million |
| Market revenue in 2030 | USD 66.8 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Cardiopulmonary perfusion system |
| Fastest growing segment | Cardiopulmonary Perfusion System |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 4.4% of the global perfusion systems 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 373.9 million by 2030.
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Perfusion Systems Market Scope
Perfusion Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 44.67% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
The expansion of the private healthcare sector in many countries across the Middle East & Africa (MEA) is driven by several factors, notably rising disposable incomes and an increasing preference for higher quality healthcare services.
Private and government entities are investing heavily in advanced medical technologies, such as perfusion systems, which are essential for complex surgeries & critical care interventions. For instance, in October 2023, the Saudi Arabia Ministry of Investment signed 8 MoUs worth USD 1.07 billion, which can help localize advanced medical devices.
These investments aim to meet the rising demand for specialized medical treatments and attract the production of medical devices in the region. As a result, the expansion of the healthcare sector in MEA countries contributes to improved healthcare access and drives the growth of markets for sophisticated medical equipment like perfusion systems.
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Our clientele includes a mix of perfusion systems market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa perfusion systems market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa perfusion systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA perfusion systems market size, by country, 2018-2030 (US$M)
Middle East & Africa Perfusion Systems Market Outlook Share, 2023 & 2030 (US$M)
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