Regional Analysis

Global Oxygenators Market: Regional Insights

Based on geography, the global oxygenators market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market over the forecast period owing to the increasing prevalence of cardiopulmonary disorders, such as hypertrophic and strokes, growing geriatric population, and rise in healthcare expenditure in the region. For instance, according to the Pan American Health Organization (PAHO), cardiovascular diseases (CVD) and cerebrovascular disease (stroke) are leading cause of mortality and a major contributor to disability in countries of the Americas. PAHO, through the HEARTS in the Americas initiative, is providing technical cooperation to countries of the region to reduce the disease burden.

Europe and Asia Pacific are also expected to witness significant growth in the global oxygenators market due to the rise in burden of cardiopulmonary disorders, growing geriatric population, and increasing adoption of oxygenators in these regions. For instance, according to the European Heart Network, each year, cardiovascular disease (CVD) causes 3.9 million deaths in Europe and over 1.8 million deaths in the European Union (EU). According to the National Health Institute (NIH), more than four million people in Europe die every year from CVD, primarily from coronary heart disease (CHD) and stroke. This in turn is driving the market growth.

North America: U.S. and Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Middle East and Africa: GCC Countries, Israel, Rest of Middle East, South Africa, North Africa, and Central Africa.