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Extracorporeal Membrane Oxygenation Market 2019: Overview and Share Forecasted to 2025
Germany dominated the Europe extracorporeal membrane oxygenation market with a total market value of USD 17.6 million in 2017. High number of ECMO procedures in the country is one of the prominent demand driving factor; in fact, number of ECMO procedures rose to around 6,000 in the year 2014 from previous year, growing almost three times in the last five years. In high income countries such as Germany, rapid rise in use of ECMO in the last few years to provide both cardiac and respiratory support will foster high growth opportunities.UK extracorporeal membrane oxygenation market was valued over USD 15.0 million in the year 2018. According to official statistics, respiratory disease is the third leading cause of death in the country. The economic burden of all lung conditions is around USD 12 billion annually in the UK. Therefore, rising incidence of respiratory disorders and growing awareness about ECMO procedure will propel market growth over the projected timeframe.
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Extracorporeal Membrane Oxygenation Market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the Extracorporeal Membrane Oxygenation Market, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the Extracorporeal Membrane Oxygenation Market competitive environment, diving into the industry position of each major company along with the strategic landscape.
Extracorporeal Membrane Oxygenation Market report is an all-inclusive document, compiled and designed to provide best-in-class research, insightful analysis and accurate quantitative data. The coverage of this research is the most extensive when compared to other similar studies available on Extracorporeal Membrane Oxygenation Market. The industry ecosystem information presented in this report is next-to-none and aims to address all stakeholders of the industry, irrespective of their size and business function. Details of segmentation and cross reporting structure, wherever feasible, makes this Extracorporeal Membrane Oxygenation Market research one of its kind to offer the most in-depth, readily available data.
Arteriovenous extracorporeal membrane oxygenation market is estimated to show considerable growth in the forecast timeframe at a robust CAGR of 2.3%. It has the capabilities to provide the life support while minimizing the risks related to oxygen toxicity and barotrauma. with increasing applications of arteriovenous ECMO, the demand should only increase in near future, resulting in market growth.
Pediatric ECMO market segment is slated to experience robust growth at a CAGR 3.2% over the projection years. The use of extracorporeal membrane oxygenation in pediatric patient population has increased significantly in the last few years. Increasing use of ECMO in pediatric patients in order to provide long term heart and breathing support will augment the industry growth in coming few years.
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Trends, analysis, SWOT and regional coverage that is available in Nutrigenomics Testing industry report offers market intelligence that help readers in strategic choices that business demands. Moreover, this research can be tweaked to cover specific requirements of a client or completely customized for a particular company.
More Insightful Info @ https://www.marketwatch.com/press-release/extracorporeal-membrane-oxygenation-market-size-2019-outlook-opportunity-and-demand-analysis-report-by-2025-2020-01-17
The data in this Extracorporeal Membrane Oxygenation Market research is collated via multiple channels including but not limited to primary and secondary sources, databases, business specific references and others. The study aims to offer not only commercial data but also includes analysis of important factors, technical as well as market-oriented insights. Players in the Extracorporeal Membrane Oxygenation Market including established companies, new entrants and everyone in between this industry chain covering suppliers, experts, manufacturers, service providers, traders, distributors, consumers / clients and others may find value in this research.
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The Global ExtraCorporeal Membrane Oxygenation (ECMO) Market is anticipated to achieve a high CAGR during the forecast period of 2023-2030. ECMO, also known as extracorporeal life support, provides artificial heart and lung support for individuals whose natural organs are unable to maintain body function.
Market Dynamics:
Drivers:
Rising Number of Hospitals Offering ECLS: The increasing availability of ECMO services in hospitals, along with awareness programs, contributes to market growth. Hospitals like the…
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Increasing Survival Rates with extracorporeal membrane oxygenation to Offer Lucrative Opportunities for Global extracorporeal membrane oxygenation Market during 2022-2028
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According to our new research study on ""Extracorporeal Membrane Oxygenation Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Modality, Application, and Age Group,"" the market was valued at US$ 546.73 million in 2021 and is projected to reach US$ 677.64…