Extracorporeal Membrane Oxygenation Machine Market size was valued at USD 569.7 Mn. in 2022 and the total Extracorporeal Membrane Oxygenation Machine revenue is expected to grow by 5.5 % from 2023 to 2029, reaching nearly USD 828.7 Mn.
Extracorporeal Membrane Oxygenation Machine Market Overview :
A prominent global market research firm has recently published a comprehensive market research report focusing on the Extracorporeal Membrane Oxygenation Machine Market. The report presents extensive data and visual representations to analyze both regional and global markets. It provides valuable insights into the market's objectives and includes detailed information on leading competitors, their market value, current trends, strategies, targets, and products. The report also highlights the market's recent growth and historical data, offering valuable information to stakeholders.
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Extracorporeal Membrane Oxygenation Machine Market Scope :
The research report delves deep into the analysis of trending competitors, their growth patterns, and the dynamics of the market. It provides insights into the regional and global market value and demand, enabling a better understanding of the competitive landscape and the market's potential in terms of production, demand, and supply. The segmentation analysis considers crucial factors such as psychographic, demographic, geographic, and behavioral aspects, which inform marketing strategies, targeted products, offers, and customer experiences. The report utilizes Porter's analysis to determine organizations' competitive positions and improve profitability. Additionally, Pestle analysis is conducted to assess the validity of existing products and services within the contextual data. SWOT analysis is employed to evaluate the internal and external factors contributing to a company's strengths, weaknesses, advantages, and disadvantages. This report provides a comprehensive and informative overview of the Extracorporeal Membrane Oxygenation Machine market.
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Extracorporeal Membrane Oxygenation Machine Market Segmentation :
by Component
Pumps
Oxygenator
Controllers
Cannula
Accessories
Based on Components, the Extracorporeal Membrane Oxygenation Machine market's revenue from oxygenators accounted for 40.2% of that in 2022 and is anticipated to grow profitably over the next five years. The substantial market size of oxygenators is due to the high price and quick exchange rate for a new system. The main causes of the oxygenator exchange rate include mechanical failure, pump head thrombosis, and acute oxygenator thrombosis.
by Modality
Veno-Arterial
Veno-Venous
Arterio-Venous
Based on the Modality, it is anticipated that the Veno-Arterial category would rise at a significant CAGR over the projection period and make up 35.8% of market revenue in 2022. The segment's wide application in the treatment of cardiac arrest patients, helping with algorithm life support techniques to restore blood circulation, accounts in part for its largest size.
by Patient
Neonates
Pediatric
Adult
According to the Patient, Adult patients are anticipated to grow at the fastest rate throughout the course of the forecast period, accounting for 62.0% of the Extracorporeal Membrane Oxygenation Machine market revenue in 2022. A sedentary lifestyle, together with the use of alcohol, tobacco, and cigarettes, is increasing the burden of adult heart and respiratory illnesses worldwide. The Extracorporeal Life Support Organisation said that in January 2020, there were about 7,950 people with heart illnesses who needed ECMO.
by Application
Respiratory
Cardiac
ECPR
Based on Application, the Extracorporeal Membrane Oxygenation Machine Market was dominated by the respiratory category in 2022, accounting for 49.0% of the overall market. The congenital diaphragmatic hernia (CDH), meconium aspiration syndrome, pneumonia, and respiratory distress syndrome are just a few of the conditions that the ECMO device is used to treat in infants. The extracorporeal membrane oxygenation market is divided into three categories based on the patient demographic: infant, paediatric, and adult. One of the main drivers of the segment's expansion is the danger of respiratory failure among patients with different respiratory illnesses.
Extracorporeal Membrane Oxygenation Machine Market Key Players :
1. Getinge
2. Medtronic plc
3. Livanova PLC
4. Abbott
5. Abiomed
6. Cytosorbents Corporation
7. Agilent Technologies
8. Siemens AG
9. Terumo Corporation
10.Fresenius Medical Care AG & Co. KGaA
11.Microport Scientific Corporation
12.Nipro Corporation
13.ALung Technologies Inc.
14.MAQUET Holding B.V. & Co. KG
15.Medos Medizintechnik AG
16.Terumo Cardiovascular Systems Corp
17.XENIOS AG
18.OriGen Biomedical, Inc.
19.EUROSETS S.r.l.
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Extracorporeal Membrane Oxygenation Machine Market Regional Analysis :
The report offers formal, functional, and vernacular regional analyses, focusing on high-demand regions such as Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis provides insights into different targets, strategies, and market values specific to each region.
Key Questions Answered in the Extracorporeal Membrane Oxygenation Machine Market Report:
- What is the definition of the Extracorporeal Membrane Oxygenation Machine Market?
- What is the forecast period for the Extracorporeal Membrane Oxygenation Machine Market?
- What is the competitive landscape of the Extracorporeal Membrane Oxygenation Machine market?
- Which region holds the largest market share in the Extracorporeal Membrane Oxygenation Machine Market?
- What are the opportunities for the Extracorporeal Membrane Oxygenation Machine Market?
- What factors are influencing the growth of the Extracorporeal Membrane Oxygenation Machine market?
- Who are the key players in the Extracorporeal Membrane Oxygenation Machine market?
- Which company holds the largest share in the Extracorporeal Membrane Oxygenation Machine market?
- What will be the compound annual growth rate (CAGR) of the Extracorporeal Membrane Oxygenation Machine market during the forecast period?
- What key trends are expected to emerge in the Extracorporeal Membrane Oxygenation Machine market in the coming years?
Key Offerings:
- Market Share, Size, and Revenue Forecast|2022-2029
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Market Segmentation: Detailed analysis by Extracorporeal Membrane Oxygenation Machine
- Landscape: Leading key players and other prominent participants
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