Global ECMO Market Set to Expand at 7.5% CAGR From 2022 to 2030 Due to Rising Incidences of Respiratory and Cardiac Diseases and Technological Advancements in ECMO Devices

Dataintelo projects a robust growth of 7.5% in the global Extracorporeal Membrane Oxygenation (ECMO) market from 2022 to 2030, according to a recently published report. The research attributes this expected expansion to an increasing incidence of cardiopulmonary diseases, significant technological advancements in ECMO devices, and a growing awareness about ECMO therapy.

Extracorporeal Membrane Oxygenation is a life-saving procedure often used in critical care for patients suffering from acute respiratory or cardiac failure. The therapy allows blood to bypass the heart and lung, giving these organs time to rest and recover. With globally escalating healthcare concerns, such as rising respiratory and cardiac disorders, the projected growth of this market appears highly relevant.

What's worth noting is that the veno-arterial segment is anticipated to hold the biggest share of the global ECMO market by the end of 2022. Furthermore, this particular segment is expected to experience the highest Compound Annual Growth Rate (CAGR) in the forecast period.

Technological innovation plays a crucial role in market growth. Development of user-friendly, compact, and portable ECMO devices can potentially expand the application scope and render a competitive edge in the market.

This new research underscores the importance of ECMO therapy in the healthcare sector. Increasing awareness about the therapy's benefits is a key factor in encouraging its wider adoption. The study by Dataintelo indicates a promising future for all the key players involved in the ECMO market. Up-to-date and informed decisions are the result of detailed market research, such as this, allowing companies to recognize the evolving demands and trends in this dynamic market

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/92732

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬:

The extracorporeal membrane oxygenation (ecmo) market has been segmented on the basis of𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐲𝐩𝐞
● Veno-Arterial
● Arterio-Venous
● Veno-Venous

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐬𝐩𝐢𝐫𝐚𝐭𝐨𝐫𝐲, 𝐂𝐚𝐫𝐝𝐢𝐚𝐜, 𝐄𝐱𝐭𝐫𝐚𝐜𝐨𝐫𝐩𝐨𝐫𝐞𝐚𝐥 𝐂𝐚𝐫𝐝𝐢𝐨𝐩𝐮𝐥𝐦𝐨𝐧𝐚𝐫𝐲 𝐑𝐞𝐬𝐮𝐬𝐜𝐢𝐭𝐚𝐭𝐢𝐨𝐧
● Respiratory
● Cardiac
● Extracorporeal Cardiopulmonary Resuscitation ECPR

𝐍𝐞𝐨𝐧𝐚𝐭𝐚𝐥, 𝐏𝐞𝐝𝐢𝐚𝐭𝐫𝐢𝐜𝐬, 𝐀𝐝𝐮𝐥𝐭𝐬), 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭
● Pumps
● Oxygenators
● Heat Exchangers
● Cannulas
● Tubing
● Accessories

𝐄𝐧𝐝-𝐮𝐬𝐞𝐫
● Hospitals
● Specialty Clinics
● Ambulatory Surgical Centers

𝐑𝐞𝐠𝐢𝐨𝐧
● Asia Pacific
● North America
● Latin America
● Europe
● Middle East & Africa

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
● MAQUET
● Microport
● XENIOS
● LivaNova
● Medtronic
● Terumo Cardiovascular
● Nipro



Segment Analysis:

The Extracorporeal Membrane Oxygenation (ECMO) market has various segments including market type, application, components, end-user, and key players. Under the market type segment, the categories are Veno-Arterial, Arterio-Venous, and Veno-Venous. This segmentation allows for a more detailed understanding of the product usage, demand, and expected growth. The application sector of the ECMO market segments include segments like Respiratory, Cardiac, and Extracorporeal Cardiopulmonary Resuscitation (ECPR). Additionally, it also subdivided based on the age group which includes neonates, pediatrics, and adults. The component sector further divides the market into pumps, oxygenators, heat exchangers, cannulas, tubing, and accessories. Each of these components plays a vital role in the functioning of ECMO, and therefore, has a unique market presence. The end-users of the ECMO market are categorized into hospitals, specialty clinics, and ambulatory surgical centers, these categorization is to understand targeted product placement and customer behavior.

Regional Analysis:

The ECMO market geographically has been analyzed across regions including Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Each region has unique medical requirements and healthcare infrastructure. The North American market, with its advanced healthcare system and high prevalence of cardiovascular and respiratory diseases, is a significant consumer of ECMO machines. Europe, with its large geriatric population and high healthcare expenditure, also represents a major market for ECMO. The Asia Pacific, LATAM, and MEA markets are emerging as significant players in the ECMO market, driven by rising awareness about the procedure and improving healthcare infrastructure. Key players in the ECMO market across these regions include MAQUET, Microport, XENIOS, LivaNova, Medtronic, Terumo Cardiovascular, and Nipro. These companies play a crucial role in shaping the global ECMO market, by innovating and introducing new products

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/92732

Market Drivers for Extracorporeal Membrane Oxygenation (ECMO) Market:

1. Increasing Prevalence of Respiratory Disorders: With the increasing number of people suffering from various respiratory disorders such as COPD, asthma, ARDS, which require immediate ECMO systems, the demand for ECMO is likely to grow.

2. Technological Advancements: With the advent of technological advancements in medical devices, the ECMO market is seeing a surge in demand. Improved devices provide better patient care and reduce complications, leading to a rise in their adoption rate.

3. Growing Geriatric Population: The geriatric population is more susceptible to heart and lung diseases. The growing elderly population globally will inevitably drive the demand for ECMO machines.

4. Rising Incidence of Cardiovascular Diseases: Cardiovascular diseases (CVDs) are the leading cause of death globally. The rising incidence of CVDs augments the need for effective, lifesaving technologies like ECMO.

5. Increase in ECMO Training programs: Many vendors have initiated ECMO training programs for clinicians which increase the safety and efficiency of the ECMO procedure.

Opportunities for Extracorporeal Membrane Oxygenation (ECMO) Market:

1. Developing Nations: The developing nations represent huge areas of untapped opportunities due to the rising healthcare expenditure and improving healthcare infrastructure.

2. Government Support and Funding: There are significant opportunities in the ECMO market with government support and increased funding for research and development in ECMO technology.

3. Collaboration & Partnerships: Collaboration and partnerships between major companies can lead to the development of innovative ECMO machines that would further drive the market growth.

4. Total Artificial Heart: There is an opportunity for using ECMO in a total artificial heart as a bridge to transplantation for patients who have both severe heart and lung failure.

5. COVID-19 Pandemic: The ongoing COVID-19 pandemic has also created opportunities for ECMO market given the critical role of ECMO in management of severely ill COVID-19 patients

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