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Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market to reach USD 424.90 million by the end of 2029.

Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Size study & Forecast, by Component( Pumps, Oxygenator, Controllers, Cannula, Accessories) by Modality( Veno-Arterial, Veno-Venous and Arterio-Venous), by Patient Type( Neonates, Pediatric, Adult), by Application (Respiratory, Cardiac and ECPR) and Regional Analysis, 2022-2029

Product Code: HLSMDE-78067119
Publish Date: 13-05-2023
Page: 200

Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market is valued approximately USD 281.1 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.30% over the forecast period 2022-2029. Extracorporeal membrane oxygenation is used to provide external circulatory support and oxygenate blood outside of the body. Extracorporeal membrane oxygenation machines, which function in the VA (veno-arterial) and VV modes, provide blood oxygenation (veno-venous). Patients undergoing open-heart surgery, respiratory failure, acute respiratory distress syndrome (ARDS), pulmonary embolism, COVID-19, cardiogenic shock, and other respiratory and cardiac problems are candidates for the operation.. The Extracorporeal Membrane Oxygenation (ECMO) Machine market is expanding because of factors such as surging burden of cardiovascular and respiratory diseases and growing adoption of ECMO in lung transplantation procedures. However, high cost of extracorporeal membrane oxygenation (ECMO) Machine may halt market growth.

The International Heart Federation estimates that 18.6 million people worldwide lose their lives to cardiovascular illnesses every year. Another significant aspect boosting demand for these devices is the rising incidence of respiratory disorders such Acute Respiratory Distress Syndrome (ARDS), Chronic Obstructive Pulmonary Diseases, COVID-19, and Respiratory Failure. A European Respiratory Society publication, for instance, estimates that 4,600 lung transplant operations are carried out worldwide each year. Also, the American Lung Association said that each year in the U.S., roughly 190,000 Individuals receive an ARDS diagnosis. The market for extracorporeal membrane oxygenation machines is expanding as a result of the rising incidence of cardiovascular and respiratory disorders. Along with these, rising technological advancements leading to increased product adoption is creating a lucrative growth to the market.

The key regions considered for the Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to high government support for healthcare, high purchasing power, and increasing prevalence of diseases such as chronic obstructive pulmonary disease in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising healthcare expenditure, rising prevelance of chronic diseases and rising government support to the medical industry.

Major market player included in this report are:
Medtronic plc
Sorin Group
Terumo Cardiovascular Systems Corporation
MAQUET Holding B.V. & Co. KG
Medos Medizintechnik AG
Nipro Medical Corporation
Microport Scientific Corporation
LivaNova PLC
CytoSorbents Corporation
EUROSETS S.R.L

Recent Developments in the Market:
Ø In October 2021, MicroPort Scientific Company acquired Hemovent GmbH, a German Extracorporeal Life Support (ECLS) business, and made investments to expand its German operations.
Ø In July 2021, The Xenios Console, and patient kits for ECMO therapy have been approved by the National Medical Products Administration (NMPA) in China for Xenios AG (Germany).

Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Modality, Patient Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Pumps
Oxygenator
Controllers
Cannula
Accessories

By Modality:
Veno-Arterial
Veno-Venous
Arterio-Venous
By Patient Type:
Neonates
Pediatric
Adult
By Application:
Respiratory
Cardiac
ECPR
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Region, 2019-2029 (USD Million)
1.2.2. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Component, 2019-2029 (USD Million)
1.2.3. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Modality, 2019-2029 (USD Million)
1.2.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Patient type, 2019-2029 (USD Million)
1.2.5. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Application, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Dynamics
3.1. Extracorporeal Membrane Oxygenation (ECMO) Machine Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Surging Burden of Cardiovascular and Respiratory Diseases
3.1.1.2. Growing adoption of ECMO in Lung Transplantation Procedures
3.1.2. Market Challenges
3.1.2.1. High Cost of Extracorporeal Membrane Oxygenation (ECMO) Machine
3.1.3. Market Opportunities
3.1.3.1. Rising Technological Advancements Leading to Increased Product Adoption
Chapter 4. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Component
6.1. Market Snapshot
6.2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market by Component, Performance – Potential Analysis
6.3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Estimates & Forecasts by Component 2019-2029 (USD Million)
6.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Sub Segment Analysis
6.4.1. Pumps
6.4.2. Oxygenator
6.4.3. Controllers
6.4.4. Cannula
6.4.5. Accessories
Chapter 7. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Modality
7.1. Market Snapshot
7.2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market by Modality, Performance – Potential Analysis
7.3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Estimates & Forecasts by Modality 2019-2029 (USD Million)
7.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Sub Segment Analysis
7.4.1. Veno-Arterial
7.4.2. Veno-Venous
7.4.3. Arterio-Venous
Chapter 8. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Patient type
8.1. Market Snapshot
8.2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market by Patient type, Performance – Potential Analysis
8.3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Estimates & Forecasts by Patient type 2019-2029 (USD Million)
8.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Sub Segment Analysis
8.4.1. Neonates
8.4.2. Pediatric
8.4.3. Adult
Chapter 9. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Application
9.1. Market Snapshot
9.2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market by Application, Performance – Potential Analysis
9.3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Estimates & Forecasts by Application 2019-2029 (USD Million)
9.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Sub Segment Analysis
9.4.1. Respiratory
9.4.2. Cardiac
9.4.3. ECPR
Chapter 10. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Regional Analysis
10.1. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Regional Market Snapshot
10.2. North America Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.2.1. U.S. Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.2.1.1. Component breakdown estimates & forecasts, 2019-2029
10.2.1.2. Modality breakdown estimates & forecasts, 2019-2029
10.2.1.3. Patient type breakdown estimates & forecasts, 2019-2029
10.2.1.4. Application breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.3. Europe Extracorporeal Membrane Oxygenation (ECMO) Machine Market Snapshot
10.3.1. U.K. Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.3.2. Germany Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.3.3. France Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.3.4. Spain Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.3.5. Italy Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.3.6. Rest of Europe Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.4. Asia-Pacific Extracorporeal Membrane Oxygenation (ECMO) Machine Market Snapshot
10.4.1. China Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.4.2. India Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.4.3. Japan Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.4.4. Australia Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.4.5. South Korea Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.4.6. Rest of Asia Pacific Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.5. Latin America Extracorporeal Membrane Oxygenation (ECMO) Machine Market Snapshot
10.5.1. Brazil Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.5.2. Mexico Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.5.3. Rest of Latin America Extracorporeal Membrane Oxygenation (ECMO) Machine Market
10.6. Rest of The World Extracorporeal Membrane Oxygenation (ECMO) Machine Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Medtronic plc
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Sorin Group
11.2.3. Terumo Cardiovascular Systems Corporation
11.2.4. MAQUET Holding B.V. & Co. KG
11.2.5. Medos Medizintechnik AG
11.2.6. Nipro Medical Corporation
11.2.7. Microport Scientific Corporation
11.2.8. LivaNova PLC
11.2.9. CytoSorbents Corporation
11.2.10. EUROSETS S.R.L
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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