Asia-pacific Medical Thawing System Market Forecast 2022-2030

Asia-pacific Medical Thawing System Market Forecast 2022-2030

KEY FINDINGS

The Asia-Pacific medical thawing system market is predicted to register a CAGR of 8.80% during the forecast period, 2022-2030. In Asia-Pacific, countries like India, Taiwan, South Korea, Vietnam, Japan, and China have strong manufacturing capabilities and skilled workforce. Additionally, these nations house competent professionals and lab technicians.

MARKET INSIGHTS

Australia & New Zealand, Singapore, Indonesia, Taiwan, South Korea, India, Japan, China, and Rest of Asia-Pacific are analyzed for the Asia-Pacific medical thawing system market growth evaluation. In Japan, there were around 8300 hospitals I 2019. Also, the Japanese Red Cross Society operates 53 blood centers. Additionally, the country recorded 3920 road fatalities in 2019. Besides, Japan is undergoing a demographic crisis with lower birth rates for decades and dwindling marriage rates. This has led to government initiatives that encourage single women to freeze their embryos. For instance, the city of Urayasu allotted $850,000 for the three-year pilot project during the pre-pandemic years. Further, the presence of key medical device manufacturers like Terumo Corporation enables growth prospects. Moreover, the Japan medical thawing system market growth is supplemented by government initiatives and technological advancements.

In Indonesia, over 20,000 people die due to road accidents. Also, coronary heart disease (CHD) is the leading cause of death in the country. In addition, chronic diseases like arthritis, diabetes, stroke, heart disease, and cancer are prevalent, given the inadequate healthcare. These diseases require blood supply. Furthermore, anemia is a frequent health concern, impacting 30%-46% of female workers, 37.1% of pregnant women, and 22.7% of women of childbearing age. Anemia is associated with nutritional problems, and extreme cases require a blood transfusion. Such aspects, along with vehicular accidents, chronic disease, and poor healthcare, raise the demand for medical thawing systems in Indonesia.

COMPETITIVE INSIGHTS

Some of the eminent market players are Sarstedt AG & Co KG, Single Use Support GmbH, Meissner, Terumo Corporation, etc.

Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments