The Extracorporeal Membrane Oxygenation Machine Revolution: Understanding the Market and Its Impact

Increasing prevalence of Cardiovascular Diseases (CVD) and respiratory diseases is a significant factor driving global ECMO machine market revenue growth

The Global Extracorporeal Membrane Oxygenation Machine Market Research Report is a detailed document describing recent advancements and developments in the field of Extracorporeal Membrane Oxygenation Machines considering 2019 as the base year and 2022-2030 as the forecast timeframe. Also included are profiles of established and emerging players, including business overviews, product portfolios, strategic alliances, and business expansion strategies. The current COVID-19 pandemic is expected to have an effect on the growth of the Extracorporeal Membrane Oxygenation Machine industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns.  The report also studies the growth of the market on a global and regional scale. Supply chain disruptions and economic uncertainty have negatively impacted market growth in several key regions. In the wake of the COVID-19 pandemic, several sectors of the global market have been affected, and Extracorporeal Membrane Oxygenation Machine will likely be among them. Economic slowdown and dynamic changes in demand will further hinder the growth of the sector. The report covers the impact analysis of the COVID-19 pandemic on the overall Extracorporeal Membrane Oxygenation Machine industry. The report explores the current and future impact of the pandemic and provides insight into the post-pandemic market scenario. The report provides valuable insights into market size, market share, sales channels and distribution networks, market segments, needs, trends and growth prospects.

The global Extracorporeal Membrane Oxygenation (ECMO) machine market size is expected to reach USD 802.7 Million at a steady revenue CAGR of 4.9% in 2030, according to latest analysis by Emergen Research. Increasing number of ECMO centers and hospitals offering ECMO services is a major factor driving market revenue growth. Extracorporeal membrane oxygenation is a life-supporting device that helps patients with severe respiratory failure by providing respiratory and cardiac support. Extracorporeal membrane oxygenation is thought to be best delivered in a high-volume facility with a multidisciplinary team. Hence, it is proposed that a mid-sized mixed Intensive Care Unit (ICU) can also successfully establish an ECMO center, which can then be completely developed by intensivists. A retrospective examination of the first 33 patients in center's first six months of operation, from middle of 2018 to the end of 2020, was conducted in a study. Results were based exclusively on resources of an existing mixed ICU, which showed that an ECMO facility was constructed and developed and 33 patients received treatment successfully.

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Key companies profiled in the report include:

Fresenius Medical Care AG & Co. KGaA, Getinge AB, Medtronic, MicroPort Scientific Corporation, Terumo Cardiovascular Systems Corporation, Nipro, LivaNova PLC., Eurosets , OriGen Biomedical, and CytoSorbents

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

The report offers a complete analysis of the global Extracorporeal Membrane Oxygenation Machine market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.

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In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter's Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.

On the basis of type, the market is segmented into

  • Product Outlook (Revenue, USD Million; 2019–2030)

    • ECMO Machines
      1. Portable ECMO Machines
      2. Static ECMO Machines
    • Software
  • Component Outlook (Revenue, USD Million; 2019–2030)

    • Pumps
    • Oxygenators
    • Controllers
    • Cannulas
    • Accessories
  • Patient Type Outlook (Revenue, USD Million; 2019–2030)

    • Neonates
    • Pediatric Patients
    • Adults

The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.

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