Extracorporeal Membrane Oxygenation Machine Market Products Analysis And Forecast to 2029
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 Scope :
The Extracorporeal Membrane Oxygenation Machine Market report presents analytical data that highlights key aspects such as trends, targets, market position, and market value during the forecast period. The competitive analysis covers the major market players, their production capacity, and the demand and supply of their products and services. The report includes key players as well as aspiring companies in the Extracorporeal Membrane Oxygenation Machine market. The segmentation analysis aids in understanding different datasets and provides behavioral and geographical analysis to capture significant changes in the forecast period. It also reveals opportunities and revenue generation potential for leading players in the Extracorporeal Membrane Oxygenation Machine market. SWOT analysis is performed as a strategic planning and management technique to identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Porter's analysis is conducted to assess an organization's strengths, weaknesses, and critical factors affecting profitability. PESTLE analysis is a strategic framework used to evaluate the operating environment of an organization.
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Extracorporeal Membrane Oxygenation Machine Market Overview :
Maximize Market Research, a leading business consultancy has published a research report on the Extracorporeal Membrane Oxygenation Machine market. The report showcases the global growth of the Extracorporeal Membrane Oxygenation Machine market, projecting its upward trajectory until 2029. It provides valuable insights into key industries and offers comprehensive data analysis. The report presents graphical representations that illustrate the current position and potential of the market.
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Extracorporeal Membrane Oxygenation Machine Market Segmentation :
by Component
Pumps
Oxygenator
Controllers
Cannula
Accessories
The extracorporeal membrane oxygenation machine market's oxygenators segment accounted for 40.2% of market revenue 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
Veno-arterial products are anticipated to expand at a rapid CAGR during the projected period and will represent 35.8% of market value in 2022. The fact that this component is used so frequently in treating cardiac arrest patients and assisting with algorithmic life support techniques to restore blood circulation contributes to its large size.
by Patient
Neonates
Pediatric
Adult
Adult patients are anticipated to grow at the fastest rate throughout the course of the forecast period, contributing 62.0% of the market's revenue for extracorporeal membrane oxygenation machines 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
In the overall Extracorporeal Membrane Oxygenation Machine Market in 2022, the respiratory category had the largest market share, at 49.0%. Meconium aspiration syndrome, pneumonia, congenital diaphragmatic hernia (CDH), 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: infant, paediatric, and adult, depending on the patient population. A significant factor in the segment's growth is the danger of respiratory failure among patients with various 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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Regional Analysis
The analysis presents segmented data by region in a visual format. It offers an overview of the market, comparing it regionally based on the market value of products, demands, and the position of key market players. It also highlights targeted regions and their production capacities. This report assists in implementing new strategies tailored to specific countries and regions within the market.
Key Questions Answered in the Extracorporeal Membrane Oxygenation Machine Market 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 Market
- Landscape: Leading key players and other prominent participants
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