Press release
Extracorporeal Membrane Oxygenation Market Technology Growth, Application over Globe and Key Players Like Getinge, Medtronic, Terumo, Abbott, LivaNova, and Alung Technologies
Extracorporeal Membrane Oxygenation Market will exceed USD 357 million by 2024; as per a new research report.
Increase in incidences of cardiopulmonary diseases and respiratory failure in developing regions will augment the extracorporeal membrane oxygenation market growth over the forecast years. Developed countries such as Japan should also witness increasing incidences of COPD dur to rapidly increasing. Total number of people seeking treatment for respiratory disease in Japan is around 260,000. The rising number of patient will propel the ECMO marker growth in upcoming years.
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Rising patient awareness about benefits offered by extracorporeal membrane oxygenation device in Latin America region will result in tremendous industry growth. Increasing medical tourism, developing healthcare infrastructure and awareness among the people regarding application of ECMO in treatment of cardiopulmonary disorders will fuel the market growth.
High risks complications related to ECMO such as stroke, excessive bleeding, infection and pneumonia will be one of the major market impeding factor. According to a study conducted by National Institute for Health and Care Excellence, around 50% of the patients died during ECMO procedure due to severe bacterial infection and multiple organ failure. Aforementioned factors will play major role in restraining the industry growth.
Venoarterial (VA) ECMO market is estimated to grow with a CAGR of 4.3% during the projection years. Increasing use of Veno-arterial ECMO for resuscitating patients in cardiogenic shock will propel the segment growth. Venoarterial extracorporeal membrane oxygenation (ECMO) has to come up as perfect option to provide definitive and rapid mechanical circulation to the patients with cardiopulmonary failure or post cardiotomy patients with biventricular dysfunction.
Application of ECMO in cardiac diseases held significant market share with a total value of around USD 84.7 million 2017. According to European Heart Network, every year cardiovascular diseases account for around 4 million deaths in Europe. Increase in prevalence of cardiovascular diseases across the globe should drive the segment growth.
Infant patient population will experience lucrative growth from the year 2018 to 2024 at a robust CAGR of 3.0%. The neonatal respiratory patients have been treated most successfully with the help of ECMO. Increase in use of extracorporeal membrane oxygenation (ECMO) in infants suffering from severe cardiopulmonary failure will augment the segment growth in the near future.
U.S. extracorporeal membrane oxygenation market will witness significant growth in the forecast time frame at a CAGR of 2.6%. Enhanced healthcare infrastructure, presence of skilled labors and increasing prevalence of cardiovascular and respiratory diseases in the country will boost the regional market growth.
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China extracorporeal membrane oxygenation market was valued over USD 13.7 million in the year 2017. According to the World Health Organization (WHO), China is facing an increasing epidemic of cardiovascular diseases with around 230 million people suffering from it. Rise in incidence of respiratory disorders among the people due to several environmental factors will fuel the regional industry growth in the upcoming years.
Some of the notable industry players are Getinge, Medtronic, Terumo, Abbott, LivaNova, and Alung Technologies, among others. Industry players are focusing on strengthening their research and development activities by launching technologically improved and enhanced ECMO devices along with initiating remote programs for customers to expand the market at rural level as well as sustain market position by adopting strategies such as partnership, strategic collaboration, acquisition and merger.
Further in the Extracorporeal Membrane Oxygenation Market research reports, following points are included along with in-depth study of each point:
Production Analysis – Production of the Extracorporeal Membrane Oxygenation is analyzed with respect to different regions, types and applications. Here, price analysis of various Extracorporeal Membrane Oxygenation Market key players is also covered.
Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the Extracorporeal Membrane Oxygenation Market. Another major aspect, price, which plays important part in the revenue generation, is also assessed in this section for the various regions.
Supply and Consumption – In continuation with sales, this section studies supply and consumption for the Extracorporeal Membrane Oxygenation Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.
Competitors – In this section, various Extracorporeal Membrane Oxygenation industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.
Other analyses – Apart from the aforementioned information, trade and distribution analysis for the Extracorporeal Membrane Oxygenation Market, contact information of major manufacturers, suppliers and key consumers is also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.
There are 14 Chapters to deeply display the Extracorporeal Membrane Oxygenation market
Chapter 1: To describe Extracorporeal Membrane Oxygenation Market Overview, Introduction, product scope, market opportunities, Application.
Chapter 2: To analyze the Top Manufacturers of Extracorporeal Membrane Oxygenation, with sales, capacity, production, revenue, and price of Extracorporeal Membrane Oxygenation, in 2014 and 2019.
Chapter 3: Extracorporeal Membrane Oxygenation, to display the competitive situation among the top manufacturers with capacity, production, share by region, sales, revenue, gross margin and market share in 2014 and 2019.
Chapter 4: To show the market by regions, supply, consumption, with sales, export-import, revenue and market share of Extracorporeal Membrane Oxygenation, for each region, from 2014 Extracorporeal Membrane Oxygenation to 2019.
Chapter 5, 6, 7, 8 and 9 To analyze the market by countries, by type, by application and by manufacturers, with sales, analysis by application, revenue and market share by key countries in these regions.
Chapter 10 and 11 To show the market by type and application, with sales market share and growth rate by type, strategy analysis and factor analysis from 2016 Extracorporeal Membrane Oxygenation to 2019.
Chapter 12 Extracorporeal Membrane Oxygenation market forecast, by regions, type, with sales and revenue, growth rate, price Forecast from 2019 to 2025 Extracorporeal Membrane Oxygenation.
Chapter 13: Connected Extracorporeal Membrane Oxygenation market.
Chapter 14: To describe Extracorporeal Membrane Oxygenation market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Complete report titled at https://www.marketstudyreport.com/reports/extracorporeal-membrane-oxygenation-market
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