Press release
Veno-Venous Extracorporeal Life Support Devices Market Set to Surge with Rising Demand for Critical Care Innovations in 2025 | Top key players - Sorin Group, Nipro Medical Corporation, Terumo Cardiovascular Systems Corporation.
The Veno-Venous Extracorporeal Life Support (VV ECLS) Devices Market is expected to grow at a CAGR of 9.4% during the forecast period (2024-2031).The Veno-Venous Extracorporeal Life Support Devices Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.
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The Veno-Venous Extracorporeal Life Support (VV ECLS) Devices Market refers to medical systems used for temporary respiratory support in patients with severe lung failure. These devices oxygenate blood and remove carbon dioxide externally, bypassing the lungs. Commonly used in critical care settings, VV ECLS devices are essential in managing conditions like ARDS and COVID-19-induced respiratory distress.
Major players in the Veno-Venous Extracorporeal Life Support Devices Market
The prominent players in Veno-Venous Extracorporeal Life Support Devices market research report are: Medtronic, Plc, MAQUET Holding B. V. & Co. KG (Getinge Group), Microport Scientific Corporation, Sorin Group, Nipro Medical Corporation, Terumo Cardiovascular Systems Corporation, MedosMedizintechnik AG, among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Developments:
On July 12, 2022, Medtronic announced a co-promotion agreement with CathWorks, laying the groundwork for a future acquisition. The collaboration aimed to strengthen Medtronic's position in interventional cardiology by leveraging CathWorks' advanced technologies in coronary physiology.
On June 2, 2022, Hemovent reached a significant regulatory milestone by securing the Medical Device Single Audit Program (MDSAP) certification for the United States and Canada. This certification demonstrates Hemovent's compliance with high global standards, paving the way for broader market access and regulatory approval in these key regions.
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Market Segments
By Product Type: Single-ventricular device, Biventricular device.
By End-User: Hospitals, Clinics, Ambulatory Surgical Centers (ASCs), Others.
The Veno-Venous Extracorporeal Life Support Devices industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Veno-Venous Extracorporeal Life Support Devices Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Stay ahead with data-driven strategies, competitive analysis, and future outlook.
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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