According to a new market research report launched by Inkwood Research, the Global Extra Corporeal Membrane Oxygenation (ECMO) System Marketis surging at a growth rate of 4.74% between 2020 and 2028, and is projected to generate revenue of about $450.0 million by 2028.
Browse 27 market data Tables and 38 figures spread over 166Pages, along with in-depth analysis on Global Extra Corporeal Membrane Oxygenation (ECMO) System Market by Modality, Application & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Extra Corporeal Membrane Oxygenation (ECMO) System Market Scenario
Extra corporeal membrane oxygenationsystem,also known as ECMO, is a device used during cardiac and respiratory surgeries. It comprises of membrane oxygenator, cannula, heat exchanger, centrifugal pump, oxygen blender, post membrane pressure monitor, and venous reservoir. There has been an increasing prevalence of the cardiovascular disease across the globe. According to WHO, cardiovascular disease ranks as the largest cause of death across the world, estimating 17.9 million lives every year. Moreover, the current crisis of COVID-19 has further boosted respiratory illness. All these factors have tremendously increased the demand for ECMO systems as they are one of the critical components required in the treatment of such diseases.
The global extra corporeal membrane oxygenationsystem market is witnessing tremendous progression due to driving factors, such as growth in the use of ECMO technology, advancement in technology, and the rising burden of chronic disorders. However, the market is witnessing a number of challenges such as lack of specialized expertise, side effects related to the ECMO system, presence of conventional techniques, and high costs, which are projected to restrain the overall growth of the market.
The Global Extra Corporeal Membrane Oxygenation (ECMO) System Market report provides data tables and includes charts and graphs for visual analysis.
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Market by Modality
- Other Modalities
Market by Application
- Extracorporeal Cardiopulmonary Resuscitation (ECPR)
– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028
- ORIGEN BIOMEDICAL INC
- SPECTRUM MEDICAL
- MEDTRONIC PLC
- LIVANOVA PLC
- ELSIUS BIOMEDICAL INC
- XENIOS AG (FRESENIUS SE & CO. KGAA)
- MICROPORT SCIENTIFIC CORPORATION
- TERUMO MEDICAL CORPORATION
- ALUNG TECHNOLOGIES INC.
- ABBOTT LABORATORIES
- GETINGE AB
- NIPRO CORPORATION
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