Extracorporeal Membrane Oxygenation Machine Market: Global Industry Analysis and Forecast (2021-2027)

The Extracorporeal Membrane Oxygenation Machine Market was valued at US$ 286 Million in 2021 and is expected to reach US$ 770 Million. Global Extracorporeal Membrane Oxygenation Machine Market size is expected to grow at a CAGR of 17.95 % through the forecast period.

Extracorporeal Membrane Oxygenation Machine Market Overview:

ECMO stands for extracorporeal membrane oxygenation and is a type of life support system. People who require ECMO have a life-threatening ailment that prevents their heart and lungs from working correctly. ECMOs are utilised in situations like severe infection-related lung damage or shock following a heart attack. The report explores the Extracorporeal Membrane Oxygenation Machine Market's segments (Modality, Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the Extracorporeal Membrane Oxygenation Machine Market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Extracorporeal Membrane Oxygenation Machine Market's contemporary competitive scenario. Extracorporeal Membrane Oxygenation Machine Market To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis especially with the impact of lockdown by region.

Extracorporeal Membrane Oxygenation Machine Market Dynamics:

Hypertension is a major contributor to the rise in cardiovascular disease and stroke patients, as well as global mortality. Hypertension is predicted to affect 1 billion individuals worldwide, with a prevalence of 40%. The number of instances of cardiopulmonary disease and respiratory failure is increasing in the Asia-Pacific area, which is driving up demand for ECMO. As a result of technological breakthroughs in this industry in North America, the American market is estimated to grow at a CAGR of xx% over the forecast period. Furthermore, growing patient knowledge of the benefits of ECMO machines in Latin America is assisting the market's northward expansion. The European government's initiatives, such as awareness campaigns and check-up camps, are driving market growth. Some of the reasons driving market expansion include an increase in the number of hospitals delivering ECMO services and an increase in the number of awareness initiatives.

Extracorporeal Membrane Oxygenation Machine Market Segment Analysis:

Based on Modality, The Venovenous segment is expected to grow at the highest CAGR xx% during 2022-2027. Venovenous extracorporeal membrane oxygenation (vv-ECMO) is a less invasive form of organ support that is gaining popularity as a result of recent technological advancements and its successful implementation (vv-ECMO). When gas exchange is significantly impeded, it can provide enough pulmonary support and is a last resort in difficult instances. Because vv-ECMO is so invasive and has so many possible problems, it should only be used in patients who have a high risk of dying from traditional treatment. Extracorporeal Membrane Oxygenation Machine Market Based on the Application, The respiratory segment is expected to hold a major share of xx% in the market due to its crucial role in supporting pulmonary function and is projected to witness profitable growth over the forecast period. The market for extracorporeal cardiopulmonary resuscitation (ECPR) will be driven by an increasing number of people suffering from chronic diseases such as obesity and diabetes, who are extremely susceptible to cardiovascular problems.

Extracorporeal Membrane Oxygenation Machine Market Regional Insights:

The North America region dominated the market with xx% share in 2021. The North Americ North America has a considerable share of the market due to well-developed primary, secondary, and tertiary care institutions, reimbursement policies, favourable government support, and increased knowledge of ECMO systems, all of which make it easier for hospitals to adopt them. The Asia-Pacific extracorporeal membrane oxygenation market is expected to witness the fastest growth during the forecast period. The government and private entities' increased healthcare expenditures in order to develop healthcare facilities are key drivers driving this region's growth. Economic development in countries such as Japan, India, and China, as well as increased government initiatives connected to healthcare infrastructure development and reimbursement regulations, are likely to boost market growth. The objective of the report is to present a comprehensive analysis of the Global Extracorporeal Membrane Oxygenation Machine Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Extracorporeal Membrane Oxygenation Machine Market dynamic, structure by analyzing the market segments and projecting the Extracorporeal Membrane Oxygenation Machine Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Extracorporeal Membrane Oxygenation Machine Market make the report investor’s guide.

Extracorporeal Membrane Oxygenation Machine Market Scope: Inquire before buying

Global Extracorporeal Membrane Oxygenation Machine Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 286 Mn.
Forecast Period 2022 to 2027 CAGR: 17.95% Market Size in 2027: US $ 770 Mn.
Segments Covered: by Modality • Venoarterial • Venovenous • Arteriovenous
by Application • Respiratory • Cardiac • Extracorporeal Cardiopulmonary Resuscitation

Extracorporeal Membrane Oxygenation Machine Market by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Extracorporeal Membrane Oxygenation Machine Market Key Players

• Getinge Group • Medtronic, plc • LivaNovaplc • Xenios AG • Terumo Corporation • MicroPort Scientific Corporation • NIPRO Corporation • OriGen Biomedical • Alung technologies, Inc • EUROSETS S.r.l. Frequently Asked Questions: 1] What segments are covered in the Global Extracorporeal Membrane Oxygenation Machine Market report? Ans. The segments covered in the Extracorporeal Membrane Oxygenation Machine Market report are based on Modality and Application. 2] Which region is expected to hold the highest share in the Global Extracorporeal Membrane Oxygenation Machine Market? Ans. North America region is expected to hold the highest share in the Extracorporeal Membrane Oxygenation Machine Market. 3] What is the market size of the Global Extracorporeal Membrane Oxygenation Machine Market by 2027? Ans. The market size of the Extracorporeal Membrane Oxygenation Machine Market by 2027 is expected to reach US$ 286 Million. 4] What is the forecast period for the Global Extracorporeal Membrane Oxygenation Machine Market? Ans. The forecast period for the Extracorporeal Membrane Oxygenation Machine Market is 2022-2027. 5] What was the market size of the Global Extracorporeal Membrane Oxygenation Machine Market in 2021? Ans. The market size of the Extracorporeal Membrane Oxygenation Machine Market in 2021 was valued at US$ 770 Million.
1. Global Extracorporeal Membrane Oxygenation Machine Market: Research Methodology 2. Global Extracorporeal Membrane Oxygenation Machine Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Digital Railway Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Extracorporeal Membrane Oxygenation Machine Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 14.5 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4.Global Extracorporeal Membrane Oxygenation Machine Market Segmentation 4.1 Global Extracorporeal Membrane Oxygenation Machine Market, By Modality Type (2021-2027) • Venoarterial • Venovenous • Arteriovenous 4.2 Global Digital Railway Market, By Application (2021-2027) • Respiratory • Cardiac • Extracorporeal Cardiopulmonary Resuscitation 5. North America Extracorporeal Membrane Oxygenation Machine Market (2021-2027) 5.1 North America Extracorporeal Membrane Oxygenation Machine Market, By Modality Type (2021-2027) • Venoarterial • Venovenous • Arteriovenous 5.2 North America Extracorporeal Membrane Oxygenation Machine Market, By Application (2021-2027) • Respiratory • Cardiac • Extracorporeal Cardiopulmonary Resuscitation 5.3 North America Extracorporeal Membrane Oxygenation Machine Market, by Country (2021-2027) • United States • Canada 6. Asia Pacific Extracorporeal Membrane Oxygenation Machine Market (2021-2027) 6.1. Asia Pacific Extracorporeal Membrane Oxygenation Machine Market, By Modality Type (2021-2027) 6.2. Asia Pacific Extracorporeal Membrane Oxygenation Machine Market, By Application (2021-2027) 6.3. Asia Pacific Extracorporeal Membrane Oxygenation Machine Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Extracorporeal Membrane Oxygenation Machine Market (2021-2027) 7.1 Middle East and Africa Extracorporeal Membrane Oxygenation Machine Market, By Modality Type (2021-2027) 7.2. Middle East and Africa Extracorporeal Membrane Oxygenation Machine Market, By Application (2021-2027) 7.3. Middle East and Africa Extracorporeal Membrane Oxygenation Machine Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Extracorporeal Membrane Oxygenation Machine Market (2021-2027) 8.1. Latin America Extracorporeal Membrane Oxygenation Machine Market, By Modality Type (2021-2027) 8.2. Latin America Extracorporeal Membrane Oxygenation Machine Market, By Application (2021-2027) 8.3. Latin America Extracorporeal Membrane Oxygenation Machine Market, by Country (2021-2027) • Brazil • Argentina • Rest of Latin America 9. European Digital Railway Market (2020-2027) 9.1. European Extracorporeal Membrane Oxygenation Machine Market, By Modality Type (2021-2027) 9.2. European Extracorporeal Membrane Oxygenation Machine Market, By Application (2021-2027) 9.3. European Extracorporeal Membrane Oxygenation Machine Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe 10. Company Profile: Key players 10.1. Getinge Group 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Medtronic, plc 10.3. LivaNovaplc 10.4. Xenios AG 10.5. Terumo Corporation 10.6. MicroPort Scientific Corporation 10.7. NIPRO Corporation 10.8. OriGen Biomedical 10.9. Alung technologies, Inc 10.10. EUROSETS S.r.l.

About This Report

Report ID 83413
Category Healthcare
Published Date June 2022
Updated Date
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