Membrane Oxygenators Market to Reach USD 144.98 Mn by 2029, emerging at a CAGR of 1.8 percent and forecast 2023-2029

Membrane Oxygenators Market Report Scope:

The report delves into the comprehensive scope of the membrane oxygenator market, exploring its growth drivers and potential constraints. The research methodology employed ensures accurate and reliable insights, making it an indispensable resource for stakeholders.

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Membrane Oxygenators Market Research Methodology:

The demand for membrane oxygenators is on the rise due to the alarming statistics related to heart disease in the United States. Each year, approximately 655,000 Americans succumb to heart disease, with a staggering 1 in 4 individuals affected. Moreover, heart attacks afflict around 805,000 Americans annually. These distressing numbers underscore the pressing need for membrane oxygenators in the medical sector, thus bolstering their market value in the forecast period.

What are Membrane Oxygenators Market Dynamics:

The growth of membrane oxygenators was notably accelerated during the COVID-19 pandemic. These devices found extensive application during the initial two waves of the SARS-CoV-2 pandemic worldwide. By July 31, 2021, there were approximately 197,385,970 COVID-19 cases reported globally, with a rising death toll of 4,214,947. Notably, 4 billion people had received vaccinations. This surge in demand underscores the importance of membrane oxygenators in hospitals and healthcare facilities, particularly during health crises.

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What is Membrane Oxygenators Market Segmentation:

by Type

• Hollow Fiber Membrane Oxygenators
• Flat Sheet Membrane Oxygenators

by Age Group

• Neonates
• Pediatrics
• Adults

by End-Use

• Respiratory
o 7.3.1.1. Respiratory failure
o 7.3.1.2. Pulmonary embolism
o 7.3.1.3. Acute respiratory distress syndrome
o 7.3.1.4. Pneumonia
o 7.3.1.5. COVID-19
• Cardiac
o 7.3.2.1. Acute myocardial infarction
o 7.3.2.2. Myocarditis
o 7.3.2.3. Post-transplant complications
o 7.3.2.4. Decompensated cardiomyopathy
o 7.3.2.5. Cardiogenic shock
• ECPR

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Who are Membrane Oxygenators Market Key Players:

• Medtronic
• Fresenius SE & Co KGaA
• Getinge AB
• Terumo Medical Corporation
• MicroPort Scientific Corporation
• Nipro Medical Corporation
• LivaNova PLC
• Medtronic
• EUROSETS
• Chalice Medical Ltd
• MAQUET Holding B.V. & Co. KG.
• XENIOS AG
• Weigao group
• MicroPort Scientific Corporation
• Terumo Medical Corporation.

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Table of content for the Membrane Oxygenators Market includes:

Membrane Oxygenators Market: Research Methodology
Membrane Oxygenators Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

3. Membrane Oxygenators Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

4.Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Membrane Oxygenators Market Regional Insights:

North America leads the Membrane Oxygenators market, largely due to the presence of prominent market players such as Terumo Medical Corporation and Getinge AB. In 2021, North America accounted for 44.2% of the market's revenue share. The region's growth is supported by well-established healthcare infrastructure, including hospitals offering primary, secondary, and tertiary treatment. Government funding and healthcare policies, along with growing consumer awareness of membrane oxygenator applications and benefits, are further fueling market expansion.

The Asia Pacific region is poised for rapid growth, with an estimated CAGR of 3.15 during the forecast period. The surge in chronic diseases, especially cardiopulmonary diseases linked to unhealthy diets and lifestyle choices, highlights the need for membrane oxygenators. Hospitals in the region are increasingly adopting these devices in cardiothoracic surgeries, amplifying demand. The market is anticipated to experience robust growth as a result.

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Key Offerings:

Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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