Global Extracorporeal Membrane Oxygenation Market, By Component (Pumps, Oxygenators, Controllers, Cannula and Accessories), Patient Population (Infant, Adult and Pediatric), Age Group (Neonates, Pediatrics and Adults), Modality (Venovenous ECMO, Venoarterial ECMO, Arteriovenous ECMO), Indication (Respiratory Disorders, Cardiac Disorders and Extracorporeal Cardiopulmonary Resuscitation (ECPR)), End User (Hospitals, Clinics, Diagnostic Centers and Others), Distribution Channel (Direct, Retail), and Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of the Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Extracorporeal Membrane Oxygenation Market
The extracorporeal membrane oxygenation market is expected to witness market growth at a rate of 4.75% in the forecast period of 2021 to 2028. Data Bridge Market Research report on extracorporeal membrane oxygenation market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in cardiopulmonary disease and respiratory failure is escalating the growth of the extracorporeal membrane oxygenation market.
Extracorporeal membrane oxygenation is known to be a method of offering cardiac and respiratory support to patients whose heart and lungs are unable of delivering the essential amount of gaseous exchange.
Major factors that are expected to boost the growth of the extracorporeal membrane oxygenation market in the forecast period are the rise in the incidence of cardiovascular and respiratory diseases. Furthermore, the increase in the acceptance of extracorporeal membrane oxygenation in lung transplantation procedures. Moreover, the development in the number of extracorporeal membrane oxygenation centers and technological developments in extracorporeal membrane oxygenation machine is further estimated to cushion the growth of the extracorporeal membrane oxygenation market. On the other hand, the difficulties related to the extracorporeal membrane oxygenation is further projected to impede the growth of the extracorporeal membrane oxygenation market in the timeline period.
In addition, the rise in the survival rates with extracorporeal membrane oxygenation will further provide potential opportunities for the growth of the extracorporeal membrane oxygenation market in the coming years. However, the dearth of skilled specialists might further challenge the growth of the extracorporeal membrane oxygenation market in the near future.
This extracorporeal membrane oxygenation market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the extracorporeal membrane oxygenation market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Extracorporeal Membrane Oxygenation Market Scope and Market Size
The extracorporeal membrane oxygenation market is segmented on the basis of component, patient population, age group, modality, indication and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- On the basis of component, the extracorporeal membrane oxygenation market is segmented into pumps, oxygenators, controllers, cannula and accessories.
- On the basis of patient population, the extracorporeal membrane oxygenation market is segmented into infant, adult and pediatric.
- On the basis of age group, the extracorporeal membrane oxygenation market is segmented into neonates, pediatrics, adults.
- On the basis of modality, the extracorporeal membrane oxygenation market is segmented into venovenous ECMO, venoarterial ECMO and arteriovenous ECMO.
- On the basis of indication, the extracorporeal membrane oxygenation market is segmented into respiratory disorders, cardiac disorders, extracorporeal cardiopulmonary resuscitation (ECPR).
- On the basis of end user, the extracorporeal membrane oxygenation market is segmented into hospitals, clinics, diagnostic centers and others.
Extracorporeal Membrane Oxygenation Market Country Level Analysis
The extracorporeal membrane oxygenation market is analyzed, and market size insights and trends are provided by country, component, patient population, age group, modality, indication and end user as referenced above.
The countries covered in the extracorporeal membrane oxygenation market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the extracorporeal membrane oxygenation market due to the occurrence of major key players. Furthermore, the rise in the number of product launches will further boost the growth of the extracorporeal membrane oxygenation market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the extracorporeal membrane oxygenation market due to the rise in the healthcare expenses. Moreover, the government's rise in the government's initiatives regarding the development of healthcare infrastructure and reimbursement policies is further anticipated to propel the growth of the extracorporeal membrane oxygenation market in the region in the coming years.
The country section of the extracorporeal membrane oxygenation market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The extracorporeal membrane oxygenation market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the extracorporeal membrane oxygenation market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the extracorporeal membrane oxygenation market. The data is available for the historic period 2010-2019.
Competitive Landscape and Extracorporeal Membrane Oxygenation Market Share Analysis
The extracorporeal membrane oxygenation market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the extracorporeal membrane oxygenation market.
The major players covered in the extracorporeal membrane oxygenation market report are Getinge AB, Medtronic, Terumo Medical Corporation, Nipro Medical Corporation, Sorin Group, Saint Gobain, Livanova PLC, OriGen Biomedical, EUROSETS, ALung Technologies Inc, Microport Scientific Corporation, XENIOS AG and MAQUET Holding B.V. & Co. KG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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