Extracorporeal Membrane Oxygenation Machine Market Growth (2022-2029) Hospital Demand, Medical Devices, Type, Size, Trends, Top Players - Getinge Group, Medtronic plc; Sorin Group, Terumo Cardiovascular Systems Corporation

"The global extracorporeal membrane oxygenation machine market is expected to grow at a 2.41% CAGR from 2020 to 2029. It is expected to reach above USD 689 million by 2029 from USD 556 million in 2020."

Exactitude consultancy, offers 2022 Report for Extracorporeal Membrane Oxygenation Machine Market. ECMO devices are used to treat severe COVID-19 patients. However, other uses for these devices, including cardiac surgery, declined sharply in 2020. Growing awareness of ECMO procedures and technological advances continues to drive market growth. Many government agencies wanted to raise awareness of their ECMO procedures. Initiatives such as the Chronic Obstructive Pulmonary Disease (GOLD) Global Initiative aim to raise awareness of COPD and its treatment, including the use of ECMO devices. Additionally, the increasing adoption rate of ECMO machines is driving technological advancements in these systems.

The latest advances include oxygenators, hollow pumps and heparin-coated cannulas used for a variety of surgical applications. In addition, his recently developed ECMO machine is miniaturized, increasing its portability and application potential. A portable adapter and compact his ECMO machine circuit has also been developed to aid in the transport of critically ill patients.

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Recent developments->

In February 2020, Fresenius Medical Care AG & Co. KGaA (Germany) gained US FDA approval for Novalung, a heart and lung support system used to treat acute respiratory or cardiopulmonary failure.

In July 2021, The National Medical Products Administration (NMPA) in China approved the Xenios Console and patient kits for ECMO therapy developed by Xenios AG (Germany).

Some key Extracorporeal Membrane Oxygenation Machine Market players are Fresenius Medical care AG & Co. KGaA, Getinge Group, Medtronic plc; Sorin Group, Terumo Cardiovascular Systems Corporation, MAQUET Holding B.V. & Co. KG, Medos Medizintechnik AG, Nipro Medical Corporation, Microport Scientific Corporation, and others.

Market Trends:  Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Extracorporeal Membrane Oxygenation Machine Market Segmentation:

Extracorporeal Membrane Oxygenation Machine Market by Type, 2020-2029, (USD Millions, Thousand Units)

ECMO MACHINES

Software

Extracorporeal Membrane Oxygenation Machine Market by Component, 2020-2029, (USD Millions, Thousand Units)

Pumps

Oxygenators

Controllers

CANNULA

Accessories

Extracorporeal Membrane Oxygenation Machine Market by Patient Types, 2020-2029, (USD MILLIONS, Thousand Units)

Pediatrics

Adults

Extracorporeal Membrane Oxygenation Machine Market by Region, 2020-2029, (USD Millions, Thousand Units)

North America

Europe

Asia Pacific

South America

Middle East And Africa

Important Countries In All Regions Are Covered.

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The Report's Table of Contents includes
1.  Summary

Characteristics of the Extracorporeal Membrane Oxygenation Machine Market
Market trends and strategies for Extracorporeal Membrane Oxygenation Machine
Impact of COVID-19

 Five. Market size and growth of Extracorporeal Membrane Oxygenation Machine

 …… 27. Competitive Environment and Company Profiles in the Extracorporeal Membrane Oxygenation Machine Market 

Major mergers and acquisitions in the Extracorporeal Membrane Oxygenation Machine Market
Future Outlook and Potential Analysis of Extracorporeal Membrane Oxygenation Machine Market

 30 appendix

This report covers the trends and market dynamics of the Extracorporeal Membrane Oxygenation Machine Market in the key countries of Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and US. The report also includes consumer research and various future opportunities of the Market.

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