Extracorporeal Membrane Oxygenation Machine Market 2027: In-depth Research with Emerging Growth

Transparency Market Research (TMR) has published a new report titled, ‘Extracorporeal Membrane Oxygenation Machine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global extracorporeal membrane oxygenation machine market was valued at US$ 0.3 Bn in 2018 and is projected to expand at a CAGR of 5.4% from 2019 to 2027.

Overview

• Extracorporeal membrane oxygenation system is used for the patient suffering from heart failure and lung failure. Extracorporeal membrane oxygenation refers to one of the extracorporeal lung assist (ECLA) technologies, primarily adopted to partially or completely replace the cardiopulmonary function of patients to protect the oxygen supply of the organs and strive for time to treat primary diseases
• The world is currently experiencing the pandemic of an infectious disease called COVID-19. Government is taking initiatives to address these urgent public health concerns by helping to increase the availability of products and expanding the indication of extracorporeal membrane oxygen system. For instance, for the treatment of COVID-19, China Ministry of Health guidelines consider that extracorporeal membrane oxygenation (ECMO) can act as a salvage treatment measure. This in turn to creates significant opportunity in the extracorporeal membrane oxygenation machine market
• The extracorporeal membrane oxygenation machine market is currently a booming one, owing to current exceptional crisis scenario of the COVID-19 pandemic.
• North America dominate the global extracorporeal membrane oxygenation machine market in 2018 and the trend is anticipated to continue during the forecast period. The growth of market in the region is attributed due to well established healthcare infrastructure and presence of large number of extracorporeal life support organizations.
• Asia Pacific is likely to be a highly lucrative market for the extracorporeal membrane oxygenation machine market and it is expected to expand at a high CAGR during the forecast period. Vast patient pool, increasing healthcare expenditure and demand for newer advanced therapies are key factors likely to boost extracorporeal membrane oxygenation machine market in Asia Pacific.

Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=22187

Higher Survival Rates Due to the Use of ECMO Life Support Machines to Drive Global Extracorporeal Membrane Oxygenation Machine Market

• The use of extracorporeal life support in neonates, pediatric and adult patients suffering from respiratory, cardiac and ECPR distress has increased the survival rates. According an article published in NCBI, the survival rate in neonates suffering from respiratory diseases was 84%; it was 62% in case cardiac diseases; and 64% in case of ECPR. In pediatric patients, the survival rate was 66% in case of respiratory diseases; 67% in case of cardiac diseases; and 55% in case of ECPR. In adults, the survival rate was 66% in case of respiratory diseases; 56% in case of cardiac diseases; and 40% in case of ECPR. These survival rates were much higher than those in patients without any support after discharge. Thus, higher survival rates due to use of ECMO machines in patients suffering from respiratory distress, cardiac arrest, and ECPR are likely to augment the use of ECMO machines during the forecast period.

Request for Analysis of COVID-19 Impact on Extracorporeal Membrane Oxygenation Machine Market- https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=22187

Oxygenators Segment to Dominate Extracorporeal Membrane Oxygenation Machine Market

• In terms of component type, the global extracorporeal membrane oxygenation machine market has been segmented into pumps, oxygenators, heat exchangers, saturation monitors and others. High product price, new product innovation, and technological advancement are the key driving factors for the oxygenators segment. Pumps segment further bifurcated into roller pumps and centrifugal pumps. Advantages such as easy maintenance and less capital costs are likely to accelerate the pumps segment growth in the near future.

Respiratory Segment Hold a Major Share of Global Extracorporeal Membrane Oxygenation Machine Market

• Based on application, the global extracorporeal membrane oxygenation machine market has been segmented into respiratory, cardiology and extracorporeal cardiopulmonary resuscitation. The growing consumption of alcohol and tobacco globally is expected to increase the COPD population, which will ultimately fuel the growth of respiratory segment.

Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=22187

Venovenous Segment to Dominate Extracorporeal Membrane Oxygenation Machine Market

• In terms of modality, the global extracorporeal membrane oxygenation machine market has been segmented into venoarterial, venovenous and arteriovenous. Adoption of technologically advanced products is likely augment the growth of segment

North America to Dominate Global Extracorporeal Membrane Oxygenation Machine Market

• In terms of region, the global extracorporeal membrane oxygenation machine market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global extracorporeal membrane oxygenation machine market in 2018, followed by Europe.
• North America accounted for major share of the global extracorporeal membrane oxygenation machine market in 2018. Supportive healthcare and payer infrastructure and hub for key industry players are the major drivers of the extracorporeal membrane oxygenation machine market in the region.
• The extracorporeal membrane oxygenation machine market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027. Unmet medical needs, untapped nature of the market, improving health care infrastructure and increase in awareness regarding the chronic diseases are the key factors for extracorporeal membrane oxygenation machine market growth in the region

Buy now Extracorporeal Membrane Oxygenation Machine Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=22187&ltype=S

Competitive Landscape

• The global extracorporeal membrane oxygenation machine market is fragmented in terms of number of players. Key players in the global extracorporeal membrane oxygenation machine market include Terumo Corporation, Medtronic plc, Getinge AB, LivaNova PLC, Nipro Corporation, MicroPort Scientific Corporation, XENIOS AG, OriGen Biomedical, EUROSETS and Hemovent GmbH

More Trending Reports by Transparency Market Research:

Nano Antibodies Market Nano antibodies are a novel class of proprietary therapeutic proteins based on single-domain antibody fragments that contain unique structural and functional properties of naturally-occurring heavy chain only antibodies. Nano antibodies, also known as nAb, are single-domain VHH antibodies derived from the Camelidae family of mammals such the llamas, camels, and alpacas.

Urology Lasers Market Laser therapy is considered in various minimally invasive surgeries including urology conditions such as kidney stones, bladder tumor, benign prostatic hyperplasia, urinary tract infections, and stricture. Laser therapy includes emission of monochromatic light of the wavelength through various materials such as semiconductors, gases, crystals, and others.

Cervical Dystonia Market Cervical dystonia is a painful condition, wherein neck muscles contract involuntarily, causing the head to twist and turn to one side. The disorder causes abnormal movement of the neck and head, resulting into their awkward position. Severe cervical dystonia causes the head to uncontrollably tilt backward or forward.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/