Extracorporeal Membrane Oxygenation (ECMO) Machine Market: Innovations, Growth Drivers, and Future Prospects

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The veno-venous category accounted for a considerable proportion in 2023 and is expected to increase at a profitable pace over the forecast period.

The Extracorporeal Membrane Oxygenation Machine Market size was valued at USD 601.01 Million in 2023 and the total Extracorporeal Membrane Oxygenation Machine revenue is expected to grow at a CAGR of 5.5% from 2024 to 2030, reaching nearly USD 874.27 Million.

Extracorporeal Membrane Oxygenation Machine Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “ Extracorporeal Membrane Oxygenation Machine Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Extracorporeal Membrane Oxygenation Machine Market.

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Extracorporeal Membrane Oxygenation Machine Market Scope and Methodology:

The Extracorporeal Membrane Oxygenation Machine Market requires a mix of both qualitative and quantitative research methods. Extracorporeal Membrane Oxygenation Machine Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Extracorporeal Membrane Oxygenation Machine market. The bottom-up approach was used to determine the global and regional Extracorporeal Membrane Oxygenation Machine market sizes.

Extracorporeal Membrane Oxygenation Machine Market Regional Insights:

The Extracorporeal Membrane Oxygenation Machine Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

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Extracorporeal Membrane Oxygenation Machine Market Segmentation:

 by Component

Pumps
Oxygenator
Controllers
Cannula
Accessories

by Modality

Veno-Arterial
Veno-Venous
Arterio-Venous

The veno-venous category accounted for a considerable proportion in 2023 and is expected to increase at a profitable pace over the forecast period. The venovenous ECMO (VV ECMO) circuit's principal role is to facilitate the exchange of oxygen and carbon dioxide. As a result, it has a wide range of applications in circumstances when lung support is required. The growing prevalence of the chronic obstructive pulmonary disease is one of the primary drivers of the ECMO machine market. According to the WHO, there were 255 million cases of COPD worldwide, with this figure expected to rise further throughout the forecast period.

by Patient

Neonates
Pediatric
Adult

The pediatric category also had a sizable market share and is predicted to grow at a rapid rate during the forecast period. The growing number of youngsters suffering from various pulmonary cardiac ailments is one of the segment's primary drivers. According to the Extracorporeal Life Support Organization, about 8,102 youngsters suffered from cardiac disease and required ECMO therapy in January 2019.

by Application

Respiratory
Cardiac
ECPR

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

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Key questions answered in the Extracorporeal Membrane Oxygenation Machine Market are:

  • What is Extracorporeal Membrane Oxygenation Machine ?
  • What is the growth rate of the Extracorporeal Membrane Oxygenation Machine Market?
  • Which are the factors expected to drive the Extracorporeal Membrane Oxygenation Machine Market growth?
  • What are the upcoming opportunities and trends for the Extracorporeal Membrane Oxygenation Machine Market?
  • Who are the leading companies and what are their portfolios in Extracorporeal Membrane Oxygenation Machine Market? 
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Extracorporeal Membrane Oxygenation Machine Market?
  • Who are the key players in the Extracorporeal Membrane Oxygenation Machine Market?
  • What are the different segments of the Extracorporeal Membrane Oxygenation Machine Market?
  • Which is the fastest growing region in the Extracorporeal Membrane Oxygenation Machine Market?
  • What growth strategies are the players considering to increase their presence in Extracorporeal Membrane Oxygenation Machine ?
  • What is the CAGR at which the Extracorporeal Membrane Oxygenation Machine Market will grow during the forecast period?
  • What segments are covered in the Extracorporeal Membrane Oxygenation Machine Market?

For additional insights into this study, please refer to:https://www.maximizemarketresearch.com/market-report/global-extracorporeal-membrane-oxygenation-machine-market/83413/ 

Key Offerings:

  • Past Market Size and Competitive Landscape 
  • Past Pricing and price curve by region
  • Market Size, Share, Size & Forecast by different segment 
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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