Extracorporeal membrane oxygenation (ECMO) is an extracorporeal method of delivering long-term respiratory and cardiac assistance to patients with failing lungs and hearts. Blood is circulated back into the bloodstream of infants by an artificial lung. With increased demand from respiratory applications, the extracorporeal membrane oxygenation market will expand.
MARKET DYNAMICS
Factors driving the growth of the extracorporeal membrane oxygenation system market are the growing prevalence of cardiovascular and respiratory diseases, coupled with rising adoption of ECMO in lung transplantation procedures. However, the complications associated with ECMO and high cost of ECMO procedures is expected to hamper the growth of the market. Moreover, growth in the number of ECMO centers and technological advancements in ECMO Machine is anticipated to boost the market growth.
MARKET SCOPE
The "Extracorporeal Membrane Oxygenation System Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of extracorporeal membrane oxygenation system market with detailed market segmentation by component, modality, application and patient type. The extracorporeal membrane oxygenation system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in extracorporeal membrane oxygenation system market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The extracorporeal membrane oxygenation system market is segmented on the basis of component, modality, application and patient type. Based on component, the market is segmented as pumps, oxygenators, controllers, cannula, and accessories. On the basis of modality, the market is categorized as Venoarterial (VA), Venovenous (VV), and Arteriovenous (AV). On the basis of application, the market is categorized as respiratory, cardiac, and extracorporeal cardiopulmonary resuscitation (ECPR). On the basis of patient type, the market is categorized as neonates, pediatric, and adult
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the extracorporeal membrane oxygenation system market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The extracorporeal membrane oxygenation system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting extracorporeal membrane oxygenation system market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the extracorporeal membrane oxygenation system market in these regions.
MARKET PLAYERS
The report covers key developments in the extracorporeal membrane oxygenation system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from extracorporeal membrane oxygenation system market are anticipated to have lucrative growth opportunities in the future with the rising demand for extracorporeal membrane oxygenation system in the global market. Below mentioned is the list of few companies engaged in the extracorporeal membrane oxygenation system market.
The report also includes the profiles of key players in extracorporeal membrane oxygenation system market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Getinge Group
- Medtronic plc
- LivaNova PLC
- XENIOS AG
- Terumo Corporation
- MicroPort Scientific Corporation
- NIPRO Corporation
- OriGen Biomedical, Inc.
- ALung Technologies, Inc.
- EUROSETS S.r.l
- MAQUET Holding B.V. & Co. KG
- Sorin Group
- Medos Medizintechnik AG
- Abbott Laboratories
- Braile Biomedical
- Edwards Lifesciences Corp
- Elsius Biomedical Inc.
- Spectrum Medical
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