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, with forecasts outspreading to the year 2030.

Expected Expansion of Extracorporeal Membrane Oxygenation Machine Market: 

The market for extracorporeal membrane oxygenation machines was estimated to be worth USD 569.7 million in 2022. From 2023 to 2029, it is anticipated that overall income from extracorporeal membrane oxygenation machines would increase by 5.5%, or close to USD 828.7 million.

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Extracorporeal Membrane Oxygenation Machine Market Scope and Methodology:

Maximize market research covers competitive landscape, key competitors and their market shares for better understanding of the industry. The report also discusses new product developments and technology trends. The report provides a detailed overview of the Extracorporeal Membrane Oxygenation Machine market through both quantitative and qualitative analysis. The report aims to help readers develop business strategies and assess their position in the market by providing a comprehensive analysis of the competitive landscape. The purpose of the report is to provide the necessary information to make an informed decision regarding the Extracorporeal Membrane Oxygenation Machine market. In addition, the report delivers information on revenue, sales volume, and average price of the entire market and sub-segments in various segments and regions to assist portable notebook manufacturers, new entrants, and companies involved in the industry chain market.

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Extracorporeal Membrane Oxygenation Machine Market Regional Insights:

In a regional analysis, the Extracorporeal Membrane Oxygenation Machine market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. These regions are classified as corresponding countries such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

Extracorporeal Membrane Oxygenation Machine Market Segmentation:

by Component

Pumps
Oxygenator
Controllers
Cannula
Accessories

According to Components, the oxygenators segment had 40.2% of the market revenue for Extracorporeal Membrane Oxygenation Machines in 2022 and is anticipated to grow profitably throughout the course of the forecast period. The substantial market size of oxygenators can be attributed to their high cost and quick exchange rate compared to other systems. The main causes of the oxygenator exchange rate include acute oxygenator thrombosis, pump head thrombosis, and mechanical failure.

by Modality

Veno-Arterial
Veno-Venous
Arterio-Venous

Over the course of the projection period, the veno-arterial category is anticipated to increase at a robust rate of return, reaching 35.8% of market revenue in 2022. Part of the reason for the largest growth of this segment is that it is widely used in the treatment of patients experiencing cardiac arrest, helping to restore blood circulation through algorithmic life support methods.During the course of the forecast period, the veno-venous category is anticipated to grow at a lucrative rate, accounting for a significant portion in 2022. The main function of the venovenous ECMO (VV ECMO) circuit is to enable the exchange of carbon dioxide and oxygen. It can therefore be used in a variety of situations where lung support is necessary.

by Patient

Neonates
Pediatric
Adult

According to the patient, adult patients generated 62.0% of the revenue from Extracorporeal Membrane Oxygenation Machines in 2022 and are anticipated to grow at the fastest clip over the course of the forecast year. Adults who use alcohol, tobacco, and smoke, along with those who lead sedentary lifestyles, are more likely to suffer from cardiac and respiratory illnesses worldwide. The Extracorporeal Life Support Organization reported that in January 2020, around 7,950 people with heart conditions needed extracorporeal life support (ECMO).

by Application

Respiratory
Cardiac
ECPR

According to application, the extracorporeal membrane oxygenation machine market as a whole was led by the respiratory category in 2022, with a 49.0% market share. Congenital diaphragmatic hernia (CDH), pneumonia, meconium aspiration syndrome, and respiratory distress syndrome are just a few of the conditions that can be treated in infants with the ECMO device. The extracorporeal membrane oxygenation market is divided into three segments: infant, pediatric, and adult, based on the patient population. One of the key factors driving the expansion of this category is the danger of respiratory failure among individuals with different respiratory illnesses.

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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
16.Terumo Cardiovascular Systems Corp
17.XENIOS AG
18.OriGen Biomedical, Inc.
19.EUROSETS S.r.l.

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

• What is Extracorporeal Membrane Oxygenation Machine?
• What was the Extracorporeal Membrane Oxygenation Machine market size in 2023?
• What is the growth rate of the Extracorporeal Membrane Oxygenation Machine Market?
• What is the CAGR at which the Extracorporeal Membrane Oxygenation Machine market will grow during the forecast period?
• 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?
• Which are the factors expected to drive the Extracorporeal Membrane Oxygenation Machine market growth?
• What growth strategies are the players considering to increase their presence in Extracorporeal Membrane Oxygenation Machine?
• What are the upcoming opportunities and trends for the 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?
• What segments are covered in the Extracorporeal Membrane Oxygenation Machine Market?
• Who are the key players in the Extracorporeal Membrane Oxygenation Machine market?
• Who are the leading companies and what are their portfolios in Extracorporeal Membrane Oxygenation Machine Market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size Forecast by Different Segment | 2024−2030
• 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

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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