Asia Pacific Perfusion Systems Market By Component (Heart-lung Machines, Perfusion Pumps, Oxygenators, Monitoring Systems, Cannulas, Other Components) Type (Bioreactor Perfusion Systems, Microfluidic Perfusion Systems, Gravity/Pressure-driven Perfusion Systems, Small-mammal Organ Perfusion Systems) By Technique(Hypothermic Machine Perfusion Systems, And Normothermic Machine Perfusion Systems) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)
The Asia Pacific Perfusion Systems Market is worth USD 0.21 billion in 2016 and estimated to grow at a CAGR of 2.9%, to reach USD 0.24 billion by 2021. The Asia Pacific Perfusion Systems market is growing moderately.
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Perfusion is the process of oxygenated blood being delivered to the tissues of the body. Perfusion of the body's tissues occurs during Systole.
The chambers contract, and the oxygenated blood is forced into the arteries. These arteries carry the blood to the tissues where the oxygen is removed.
The unoxygenated blood is then returned to the heart via veins, and the process begins again after the blood is reoxygenated by the lungs. The only exception to this is the perfusion of the heart itself.
The heart actually perfuses during diastole when the cardiac muscle is relaxed and the blood is pulled into the cardiac tissue.
The critical factor driving the growth of this market is Increasing Investments in Cell-Based Research in developed as well as developing further propels the growth of this market. Increase in Biologic Manufacturing also further drive the market growth.
The limiting factors for market growth are stringent rules of compliance. Also High Cost of Organ Transplantation, Ethical Concerns and High Cost of Cell-Based Research and tough competition from local companies with low cost products are hampers the growth of this market.
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The Asia Pacific market for Perfusion Systems is segmented on the basis of type, component, technique and region. Based on component, the market is segmented into Heart-lung Machines, Perfusion Pumps, Oxygenators, Monitoring Systems, Cannulas, and Other Components.
Based on Type, the market is segmented into Bioreactor Perfusion Systems, Microfluidic Perfusion Systems, Gravity/Pressure-driven Perfusion Systems, and Small-mammal Organ Perfusion Systems. The bioreactor perfusion systems segment holds the major share of the perfusion systems market in 2016 and is projected to record the highest CAGR during the forecast period.
Based on technique, the market is segmented into Hypothermic Machine Perfusion Systems, and Normothermic Machine Perfusion Systems.
Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia and South East Asia. China and India are likely to increase the market because of huge population.
Also Asia Pacific is largest growing segment.
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Getinge AB (Sweden), Medtronic plc (Ireland), LivaNova PLC (U.K.), Terumo Corporation (Japan), XENIOS AG (Germany) , Repligen Corporation (U.S.), Spectrum Laboratories, Inc. (U.S.), Merck KGaA (Germany), Harvard Bioscience, Inc. (U.S.), and ALA Scientific Instruments, Inc. (U.S.)are the leaders in the Asia Pacific Perfusion Systems market.
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