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Oxygenator Market Brief Analysis On Top Key players Like Precision Medical, CareFusion, Sechrist, Armstrong Medical, Ohio Medical, Heyer, Aerotech, Maquet, and Niceneotech

03-05-2020 10:25 AM CET | Health & Medicine

Press release from: Allied Market Research

The surge in global ageing population and rise in orthopaedic & cardiovascular diseases are the key factors that augment the market growth. Moreover, the rise in surgical interventions and improvement in healthcare settings boost the market. However, disadvantages of direct contact between the blood and air impede the growth of the market. Global Oxygenator Market was valued at $XX million in 2019 and is expected to garner $XX million by 2022, registering a CAGR of X.X% during the forecast period 2019- 2026.

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Market Overview

The oxygenators market studied was anticipated to grow with a CAGR of nearly X.X% during the forecast period. The major factors driving the growth of the market are the global prevalence of various coronary heart diseases and strokes due to changing lifestyle leading to rise in surgical interventions, favorable reimbursement initiatives and rapid growth of geriatric population. For instance, according to Global Health And Wellness Report published in 2018, nearly X.X% of the adult population in United States were diagnosed with a cardiovascular condition in the United States which directly resulted in higher demand for coronary artery bypass procedures leading to rising focus on oxygenators for efficient treatments fueling the growth of the market throughout the forecast period.

Scope of the Report

An oxygenator is an essential medical device routinely used along with a heart-lung machine to facilitate the exchange of gases as a substitute for lungs during the surgical procedures that may necessitate the interruption or cessation of blood flow in the body, heart, lungs or blood vessels like aorta, pulmonary artery, or venacava. These devices are majorly used in cardiopulmonary surgeries, coronary artery bypass grafting (CABG) procedures. The increased adoption of oxygenators due to availability of products specific to infants and adults can attribute to growth of the market during the forecast period.

Key Market Trends

o The Membrane Oxygenators Segment is Expected to Hold the Largest Market Share in the Oxygenators Market
The membrane oxygenators segment is expected to witness the largest market share in the oxygenators market during the forecast period due to their rising adoption in the CABG procedures, extracorporeal circulation for cardiopulmonary support in various surgical procedures along with heart-lung machines due to advantages such as reduction of the damage of tissues and thrombosis compared to bubble oxygenators. Also, their rapid deployability, effective gas exchange in a relatively small membrane surface area, enhanced blood flows, less hemolysis, and less post-operative bleeding further boost the growth of the segment.

o Based on application, the respiratory segment is expected to hold a major market share during the forecast period. This can be attributed to the rise in prevalence of chronic obstructive pulmonary disease (COPD) and increase in cardio pulmonary diseases.

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Major players profiled in this report are

o Precision Medical,
o CareFusion,
o Sechrist,
o Armstrong Medical,
o Ohio Medical,
o Heyer,
o Aerotech,
o Maquet,
o Niceneotech

Table Of Content

CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER'S FIVE FORCES ANALYSIS
3.4.1. MARKET DYNAMICS
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities

CHAPTER 4 OXYGENATOR MARKET, BY TYPE
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. BUBBLE OXYGENATOR
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.3. MEMBRANE OXYGENATOR
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast

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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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