Extracorporeal Membrane Oxygenation Machine Market Outlook
Extracorporeal membrane oxygenation (ECMO) machine is a life support equipment that oxygenates red blood cells (RBCs) of patients suffering from prolonged cardiac and respiratory problems. It is extensively used when the heart and lungs cannot provide an adequate amount of gas exchange or perfusion that sustains life.
The global extracorporeal membrane oxygenation machine market is expected to exhibit a CAGR of 5.3% during 2022-2027. Looking forward, IMARC Group expects the global extracorporeal membrane oxygenation machine market to continue its robust growth during the forecast period (2022-2027).
The machine
pumps out the blood to remove the carbon dioxide and sends back rewarmed,
oxygen-filled blood back into the body. ECMO machine is usually applied in
critical care situations to allow blood to bypass the heart and lungs, enabling
the organs to rest and heal.
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Note: We are regularly tracking the
direct effect of COVID-19 on the market, along with the indirect influence of
associated industries. These observations will be integrated into the report.
Extracorporeal
Membrane Oxygenation Machine Market Trends:
The global extracorporeal membrane oxygenation machine market is primarily driven by the increasing prevalence of respiratory infections and cardiovascular diseases and strokes. The rising awareness among individuals about the benefits of ECMO machines has also escalated its demand globally.
Besides this, these machines
are increasingly being used for patients who are more susceptible to chronic
medical ailments like coronavirus disease (COVID-19) and acute respiratory
distress syndrome (ARDS). Furthermore, the rising number of tobacco smokers,
the growing geriatric population and the newborns suffering from respiratory
diseases due to congenital disabilities and trauma are some of the other
factors that are significantly influencing the market growth.
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As the novel
coronavirus (COVID-19) crisis takes over the world, we are continuously
tracking the changes in the markets, as well as the industry behaviors of the
consumers globally and our estimates about the latest market trends and
forecasts are being done after considering the impact of this pandemic.
Competitive
Landscape with Key Players:
The competitive landscape of the industry has also been examined along
with the profiles of the key players.
- Abbott
Laboratories
- ALung
Technologies Inc.
- Braile
Biomedical
- Eurosets,
LivaNova PLC
- Medtronic
- MicroPort
Scientific Corporation
- Nipro
Medical Corporation
- Origen
Biomedical, Inc.
- Terumo
Corporation
- Xenios
AG.
Key Market Segmentation:
The report has
categorized the market based on component, modality, patient type and
application.
Breakup by
Component:
- Pumps
- Oxygenator
- Controllers
- Cannula
- Accessories
Breakup by
Modality:
- Veno-Arterial
- Veno-Venous
- Arterio-Venous
Breakup by
Patient Type:
- Neonates
- Pediatric
- Adult
Breakup by
Application:
- Respiratory
- Cardiac
- ECPR
Breakup by
Region:
- North
America (United States, Canada)
- Europe
(Germany, France, United Kingdom, Italy, Spain, Others)
- Asia
Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin
America (Brazil, Mexico, Others)
- Middle
East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South
Africa, Others)
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Key
highlights of the
report:
- Market
Performance (2016-2021)
- Market
Outlook (2022-2027)
- Market
Trends
- Market
Drivers and Success Factors
- Impact
of COVID-19
- Value
Chain Analysis
- Comprehensive
mapping of the competitive landscape
If you need specific
information that is not currently within the scope of the report, we will
provide it to you as a part of the customization.
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