Future of Extra Corporeal Membrane Oxygenation (ECMO) Market with CAGR Analysis and Major Key Players – Medtronic, Nipro, Alung Technologies, Terumo, Microport Scientific, Livanova | Global Forecast to 2023

Marketprognosis.com Publish a New Market Research Report On “Global Extra Corporeal Membrane Oxygenation (ECMO) Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Extra Corporeal Membrane Oxygenation (ECMO) Market:

Extra corporeal membrane oxygenation market is for the patient that is suffering from both the heart failure and lung failure which acts as a cardiac and respiratory support. An ECMO machine works as a bypass for the heart and lungs which purifies the blood outside the human body. The Global Extra Corporeal Membrane Oxygenation (ECMO) Market is expected to register a CAGR of 3.6% during the forecast period, 2018 to 2023. North America dominates the market due to the favorable reimbursement scenario and rising incidence of lung cancer in that region.

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Cardiovascular diseases are the important cause of the death globally and many people die annually from the cardiovascular diseases than any other cause. According to the WHO 17.7 million people died from the cardiovascular disease which is around 31% of all global deaths and 7.4 million were due to coronary heart disease. These cardiovascular disease are rising due to the unhealthy diet, physical inactivity, tobacco use and excess use of alcohol.

In addition, technological advancement, rising incidence of the chronic obtrusive pulmonary disease (COPD) and increasing number of the cardiac surgeries are fuelling the growth of Global ECMO System Market.

The ECMO procedure is used to assist the transition from the cardiopulmonary bypass ventilation after heart surgery. There are many risks associated with ECMO machine which are bleeding with the skull and the risk of bleeding is increased if a surgical operation is required as the part of the treatment. Stroke, arteries or veins are being damaged during the ECMO procedure and infection.

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The Global ECMO System market is segmented by application of ECMO in various filed such as Cardiac, Respiratory and Extracorporeal Cardiopulmonary Resuscitation. Further, it is also segmented by the type of modality such as Veno-Arterial, Veno-Venous and Arterio-Venous. By geography it is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa and South America. North America dominates the market due to the favorable reimbursement scenario and rising incidence of lung cancer in that region.

Major Key Players:

1 Medtronic

2 Nipro

3 Alung Technologies Inc

4 Terumo

5 Microport Scientific Corporation

6 Livanova Plc

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Extra Corporeal Membrane Oxygenation (ECMO) Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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