Press release
Extracorporeal Membrane Oxygenation Machine (ECMO) Market Global Analysis, Size, Share, Various Manufactures, Demand, Industry Production, Sales and Consumption Status by 2025
Extracorporeal membrane oxygenation machine market has been registering increasing revenue as a result of several factors that include increasing use of ECMO machine for open heart surgeries or procedures that involve life threatening cardiovascular and respiratory diseases. Expanding geriatric population, rising prevalence of lung diseases, improvement in ECMO technology are expected to be other driving forces for the ECMO machine market over 2019-2025.
ECMO Highlights/ Market Information:
Increasing number of hospitals and other medical facilities have been reported to have ECMO machines. For instance, in a 2017 report published by the World Health Organization, around 306 hospitals in the U.S. used ECMO machines for the treatment of lung and heart diseases. Additionally, there were 9385 instances of ECMO administration in U.S. hospitals in 2017. Extracorporeal Membrane Oxygenation Machine Market is anticipated to record a CAGR of 4.8% over 2019-2025 and amass an estimated revenue of USD 267.60 million by 2025.
ECMO machines are also known as life support machines. They are designed to oxygenate blood outside the patient’s body and allows the heart and lungs to rest. The ECMO machine works by taking the blood out of the body, into an artificial lung where it adds oxygen and removes carbon dioxide. The blood is then armed to body temperature and pumped back into the body.
Some of the factors such as chances of bleeding, stroke, infection and kidney failure may hamper the growth of ECMO machine market. However, in spite of risks, ECMO machines have been known to save lives and are an integral part of heart and lung bypass surgeries which will continue to add to ECMO machine market revenue by 2025.
Key Players:
Owing to the lifesaving qualities of ECMO machines, they are being increasingly incorporated into hospitals and other medical institutions which has urged ECMO machine market players to invest more into R&D that support the technological growth of ECMO machines. As a result, ECMO machine market has become a competitive space where some of the giants of healthcare device manufacturers are vying with each other to capture a greater market share. Some of these companies include, Medtronic, Siemens, Abbott, Getinge Group, Agilent technologies, Livanova PLC, Terumo Corporation, Nipro Corporation, Fresenius Medical Care AG & Co, ALung technologies etc.
Industry News:
To cite an instance of the growing interest that the ECMO machine market is witnessing it can be mentioned that ALung Technologies, a compny that is considered to be one of the leaders in the low-flow extracorporeal carbon dioxide removal technology, closed a $36 million Series C funding round in 2017. According to plans reported by ALung Technologies, the fund was meant to support the trial for FDA approval of the Hemolung Respiratory Assist System (RAS) developed by the company that was essentially a minimally invasive artificial lung device designed to remove carbon dioxide independently of the lungs through a process called Respiratory Dialysis.
Segmentation Analysis/Regional Analysis:
ECMO machine market divides the market on the basis of component, modality, application and region.
ECMO machine consists of different components such as pumps, controllers, oxygenators, cannula and accessories. ECMO machine market has registered revenue growth on as each component segment has showed growth prospects as ECMO machines have come to be more widely used. Oxygenators segment is expected to record considerable CAGR over 2019-2025 and hold a major ECMO machine market share due to increased application ECMO machines in treatment of heart and lung diseases.
On the basis of modality, ECMO machine market is further segmented as veno-arterial, arteries-venous and veno-venous. Due to the expansive use of veno-arterial ECMO machines in case of cardiac collapse, veno-arterial modal segment of ECMO machine market is expected to hold a major market share while increasing cases of cardiac shock is expected to help in the fast growth of veno-venous modal segment in the coming years.
ECMO machine market has several application segmentations which include respiratory, cardiac and extracorporeal cardiopulmonary resuscitation. Due to the crucial role that ECMO machines play in case of pulmonary function support, respiratory application is anticipated to witness substantial growth in the coming years. On the other hand, increasing incidence of cardiac illnesses is expected to fuel the growth of extracorporeal cardiopulmonary resuscitation or ECPR segment.
On the basis of region ECMO machine market is subdivided into Americas, Europe, Asia Pacific and MEA.
Browse Complete 95 Pages Premium Research Report Enabled with Respective Tables and Figures at https://www.marketresearchfuture.com/reports/extracorporeal-membrane-oxygenation-machine-market-8119
About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Us:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: sales@marketresearchfuture.com
ECMO Highlights/ Market Information:
Increasing number of hospitals and other medical facilities have been reported to have ECMO machines. For instance, in a 2017 report published by the World Health Organization, around 306 hospitals in the U.S. used ECMO machines for the treatment of lung and heart diseases. Additionally, there were 9385 instances of ECMO administration in U.S. hospitals in 2017. Extracorporeal Membrane Oxygenation Machine Market is anticipated to record a CAGR of 4.8% over 2019-2025 and amass an estimated revenue of USD 267.60 million by 2025.
ECMO machines are also known as life support machines. They are designed to oxygenate blood outside the patient’s body and allows the heart and lungs to rest. The ECMO machine works by taking the blood out of the body, into an artificial lung where it adds oxygen and removes carbon dioxide. The blood is then armed to body temperature and pumped back into the body.
Some of the factors such as chances of bleeding, stroke, infection and kidney failure may hamper the growth of ECMO machine market. However, in spite of risks, ECMO machines have been known to save lives and are an integral part of heart and lung bypass surgeries which will continue to add to ECMO machine market revenue by 2025.
Key Players:
Owing to the lifesaving qualities of ECMO machines, they are being increasingly incorporated into hospitals and other medical institutions which has urged ECMO machine market players to invest more into R&D that support the technological growth of ECMO machines. As a result, ECMO machine market has become a competitive space where some of the giants of healthcare device manufacturers are vying with each other to capture a greater market share. Some of these companies include, Medtronic, Siemens, Abbott, Getinge Group, Agilent technologies, Livanova PLC, Terumo Corporation, Nipro Corporation, Fresenius Medical Care AG & Co, ALung technologies etc.
Industry News:
To cite an instance of the growing interest that the ECMO machine market is witnessing it can be mentioned that ALung Technologies, a compny that is considered to be one of the leaders in the low-flow extracorporeal carbon dioxide removal technology, closed a $36 million Series C funding round in 2017. According to plans reported by ALung Technologies, the fund was meant to support the trial for FDA approval of the Hemolung Respiratory Assist System (RAS) developed by the company that was essentially a minimally invasive artificial lung device designed to remove carbon dioxide independently of the lungs through a process called Respiratory Dialysis.
Segmentation Analysis/Regional Analysis:
ECMO machine market divides the market on the basis of component, modality, application and region.
ECMO machine consists of different components such as pumps, controllers, oxygenators, cannula and accessories. ECMO machine market has registered revenue growth on as each component segment has showed growth prospects as ECMO machines have come to be more widely used. Oxygenators segment is expected to record considerable CAGR over 2019-2025 and hold a major ECMO machine market share due to increased application ECMO machines in treatment of heart and lung diseases.
On the basis of modality, ECMO machine market is further segmented as veno-arterial, arteries-venous and veno-venous. Due to the expansive use of veno-arterial ECMO machines in case of cardiac collapse, veno-arterial modal segment of ECMO machine market is expected to hold a major market share while increasing cases of cardiac shock is expected to help in the fast growth of veno-venous modal segment in the coming years.
ECMO machine market has several application segmentations which include respiratory, cardiac and extracorporeal cardiopulmonary resuscitation. Due to the crucial role that ECMO machines play in case of pulmonary function support, respiratory application is anticipated to witness substantial growth in the coming years. On the other hand, increasing incidence of cardiac illnesses is expected to fuel the growth of extracorporeal cardiopulmonary resuscitation or ECPR segment.
On the basis of region ECMO machine market is subdivided into Americas, Europe, Asia Pacific and MEA.
Browse Complete 95 Pages Premium Research Report Enabled with Respective Tables and Figures at https://www.marketresearchfuture.com/reports/extracorporeal-membrane-oxygenation-machine-market-8119
About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Us:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: sales@marketresearchfuture.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
