Extracorporeal Membrane Oxygenation Machine Market Key Highlights:
- Market Size (2024): USD 587 Million
- Projected Market Size (2034): USD 920.35 Million
- CAGR (2024-2034): 4.6%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Extracorporeal Membrane Oxygenation Machine Market Definition
An extracorporeal membrane oxygenation is a machine used for the temporary replacement of lungs and hearts to support patients suffering from respiratory or heart failures. The adoption of advanced technologies like sensors and monitoring systems is advancing the ECMO machines. The increasing prevalence of cardiac and respiratory disorders is driving growth in demand for ECMO machines. Additionally, innovations and developments of user-friendly ECMO machines boosted the market success. The demand for high-specialization ECMO machines has increased from healthcare teams. The portable and flexible machines drive the attraction of medical professionals.
The rising shift toward less invasive ECMO procedures holding growth opportunities in the market. Less invasive ECMO procedures help to reduce the risk of any complications. These procedures are less traumatic compared to traditional procedures and provide faster recovery to patients. Adoption of cutting-edge technologies and innovations for the development of advanced technologies is likely to hold enhanced market success in the forecast period.
North America witnessed the highest market value due to the increased rate of cardiovascular disease in the United States. Increased demand for cutting-edge life support systems and crucial assistance are driving the growth of the market in the US. Additionally, Asia Pacific is projected to lead the market with a significant share in the forecast period. Increased demand for precision medicine and increased use of ECMO in pediatric and neonatal care are helping to boost market expansion in the Asia Pacific.
Extracorporeal Membrane Oxygenation Machine Market Segmentation:
By Product
By Service Type
- Application
- Middleware
- Infrastructure
By Component
- Pumps
- Oxygenators
- Controllers
- Cannula
- Accessories
By Modality
- Veno-Venous
- Veno-Arterial
- Arterio-Venous
By Patient Type
- Neonates
- Pediatrics
- Adults
Extracorporeal Membrane Oxygenation Machine Market Companies:
- Medtronic
- Fresenius Medical Care A.G. & Co. KGAA
- Maquet Holding
- Getinge Group
- Microport
- Origin Biomedical
- Terumo Cardiovascular Systems Corporation
- Livanova plc
- Nipro Corporation
- Euro sets S.R.L.
- Cytosorbents Corporation
- Abiomed.
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