Extracorporeal membrane oxygenation machines market: Driving factors, industry challenges, segmentation, key vendor analysis, leading countries, and market size and forecast 2023-2027

NEW YORK, January 23, 2023 /PRNewswire/ —
The in-depth analysis provided in the report includes:

Technavio has announced its latest market research report titled Global Extracorporeal Membrane Oxygenation Machines Market 2023-2027

Technavio has announced its latest market research report titled Global Extracorporeal Membrane Oxygenation Machines Market 2023-2027

  • Current and future trends to highlight market conditions

  • Comparative Analysis of Markets and Segments for Historical Period 2017 – 2021

  • Market drivers and market barriers and their impact on market growth

  • Market player positioning and business strategy analysis

  • Download a sample now!

Extracorporeal Membrane Oxygenation Machine Market Size & Segmentation Analysis

The market for extracorporeal membrane oxygenation machines is estimated to be growing at a CAGR of 10.05% between 2022 and 2027. The market size is estimated to increase 243.6 million dollars. The extracorporeal membrane oxygenation machine market is segmented by method, product, and geography.

  • Based on mode of operation, the extracorporeal membrane oxygenation machine market is segmented into eno-venous, arterio-venous, and veno-arterial.

  • Based on the product, the market is segmented into ECMO machines and software.

  • Based on geography, the extracorporeal membrane oxygenation machine market is segmented into North America, Europe, Asiaand the rest of the world.

  • For information on market participation in each division, Buy the report!

Extracorporeal Membrane Oxygenation Machine Market: Country Level Analysis

The countries covered in the Extracorporeal Membrane Oxygenation Machines Market report are United States and Canada (North America); the UK, Germany, Franceand the rest of the Europe (Europe); China SY INDIA (Asia); and UAE and South Africa (Rest of the world).

  • North America to announce 37% the growth of the market during the forecast period. Technavio analysts have carefully explained the trends and regional drivers that will shape the market during the forecast period. The growth of North America can be attributed to many factors, including the increased prevalence of cardiovascular and respiratory diseases, the increased number of lung and heart transplant procedures, and the increased use of medical devices. -technologically advanced medicine.

  • COPD is one of the most common chronic respiratory diseases that affects the majority of the population. North America. The prevalence of COPD in the United States has increased over the years. It affects both the young and the old. According to the Centers for Disease Control and Prevention (CDC), COPD will be the leading cause of death in the United States by 2022. The incidence of this disease has increased dramatically over the years in the country. The increasing prevalence of COPD has increased the demand for more effective treatment options, which is driving the growth of the extracorporeal membrane oxygenation machine market in North America.

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The geographical context of the report also provides market influencing factors and changes that influence current and future trends. For detailed information, Request a sample!

Extracorporeal Membrane Oxygenation Machine Market: Dynamics & Insights

Technavio research report extracorporeal membrane oxygenation machine market provides analysis and insight into various drivers, along with key challenges, that impact the market over the forecast period.

The increase in respiratory and heart failure is driving the growth of the market. The prevalence of chronic respiratory diseases such as COPD, ARDS, and pulmonary embolism is increasing worldwide. These diseases affect all age groups and are caused by factors such as respiratory diseases, smoking and air pollution. Similarly, the prevalence of cardiovascular diseases (CVDs) is increasing worldwide. Ischemic heart disease, coronary heart disease, and myocardial infarction are major cardiovascular diseases that affect the majority of people around the world. Extracorporeal membrane oxygenation machines are mainly used as one of the main treatment options by medical professionals to treat patients with respiratory and cardiovascular diseases. Therefore, increasing prevalence of CVD and respiratory diseases is expected to drive the growth of the extracorporeal membrane oxygenation machine market during the forecast period.

However, high cost associated with cardiovascular and respiratory procedures is a major challenge restraining the market. Extracorporeal membrane oxygenation is the gold standard in the treatment of various cardiovascular diseases, including hypothermic cardiocirculatory arrest. It is mainly performed in hospitals, clinics and ASCs by skilled professionals, which makes the procedure expensive. Also, extracorporeal membrane oxygenation machines are technologically advanced and very complex in nature. These machines require high investment and regular maintenance of the machine and its parts. All these factors make the cost of the extracorporeal membrane oxygenation procedure very expensive, which hinders the growth of the market.

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Extracorporeal Membrane Oxygenation Machine Market: Competitive Landscape and Vendor Analysis

Technavio’s report covers the market adoption cycle, from the innovator stage to the laggard stage. Focuses on adoption rates in different regions based on access. In addition, the report also includes key purchasing criteria and price sensitivity drivers to help companies evaluate and develop their strategies.

Some of the major players operating in the extracorporeal membrane oxygenation machine market are Abbott Laboratories, Abiomed Inc., Braile Biomedica, Chalice Medical Ltd., CytoSorbents Europe GmbH, Eurosets Srl, Fresenius Medical Care AG and Co. KGaA, Getinge AB, LivaNova Plc , MC3 Cardiopulmonary, Medtronic Plc, MicroPort Scientific Corp., Nipro Corp., OriGen Biomedical Inc., and Palex Medical SA among others. For information on vendor services, download a sample PDF!

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Extracorporeal Membrane Oxygenation Machines Market Price

Coverage report

details

Page number

167

Base year

2022

A historic period

2017-2021

Forecast period

2023-2027

Growth rate & CAGR

Accelerating at a CAGR of 10.05%

Market Growth 2023-2027

243.6 million dollars

Market structure

divided

2022-2023 YoY Growth (%)

8.24

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Conduct market participation

North America at 37%

An important country

USA, Canada, UK, Germany and China

A competitive landscape

Leading Vendors, Vendor Market Positioning, Competitive Strategies and Industry Risks

The important company in the profile

Abbott Laboratories, Abiomed Inc., Braile Biomedica, Chalice Medical Ltd., CytoSorbents Europe GmbH, Eurosets Srl, Fresenius Medical Care AG and Co. KGaA, Getinge AB, LivaNova Plc, MC3 Cardiopulmonary, Medtronic Plc, MicroPort Scientific Corp., Nipro Corp. ., OriGen Biomedical Inc., Palex Medical SA, Sechrist Industries Inc., Senko Medical Industry Co. Ltd., Spectrum Medical Ltd., Terumo Corp., and Xenios AG

Market dynamics

Parent market analysis, drivers and barriers to market growth, fast and slow growing segment analysis, COVID-19 impact and recovery analysis and consumer dynamics to from, and analysis of market conditions during the forecast period.

Description of the repair

If our report didn’t include the data you were looking for, you can reach out to our analysts and customize a part.

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Board Tour:

1 Executive summary

2 Market conditions

3 Market definition

4 Historical market size

5 Five Forces Analysis

6 Market Segmentation by Method

7 Product market segmentation

8 Customer status

9 Geographical landscape

10 Drivers, Challenges and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to improve their market position. With more than 500 specialized analysts, Technavio’s report library includes more than 17,000 reports and inventories, covering 800 technologies, across 50 countries. Its customer base includes companies of all sizes, in It’s a Fortune 500 company. Technavio relies on Technavio’s comprehensive coverage, extensive research and actionable business insights to identify opportunities in existing and potential markets and assess their competitive position amid changing the market.

Contact

Technavio Research
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UK: +44 203 893 3200
email: [email protected]
Website: www.technavio.com/

Global Extracorporeal Membrane Oxygenation Machine Market 2023-2027

Global Extracorporeal Membrane Oxygenation Machine Market 2023-2027

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