Global ECMO Machine Market Opportunities and Forecast 2023-2030

  •   DLR2927
  •   January, 2022
  •   Pages: 120
  •  Global
ECMO Machine Market Overview

The growth of the extracorporeal membrane oxygenation (ECMO) system market can be contributed to the growing as and respiratory diseases, rising adoption of ECMO as a bridge to respiratory organ transplantation, growing respiratory of ECMO centers, conferences & coaching programs to extend awareness, and technological advancements. additionally, the rising geriatric population and also the range of individuals suffering from diseases in populous countries like India & China are factors that area unit expected to supply important growth opportunities for ECMO systems.
 
However, complications related to extracorporeal membrane natural action machine like bleeding, infections, and technical failures; together with high price and lack of adept professionals may be a challenge to the market.

Report Metric Details
Market size available for years 2023–2030
Base year considered 2023
Forecast period 2024–2030
Forecast unit Value (USD Million)
Segments covered Modality, Application and Region
Regions covered North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered Medtronic plc; Sorin Group; Terumo Cardiovascular Systems Corporation; MAQUET Holding B.V. & Co. KG; Medos Medizintechnik AG; Nipro Medical Corporation; Microport Scientific Corporation


The covid-19 Impact on ECMO Machine Market:

Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
 
ECMO Machine Market Segment Overview



By Modality, The veno-arterial segment accounted for the largest share of forty one.8% in 2020 and is expected to grow at a healthy CAGR throughout the forecast amount. the biggest size of the segment is primarily attributed to its high usage in treating patients with cardiac arrest, helping with algorithm life support methods to revive blood circulation.
 
By Application , The respiratory segment accounted for the largest share in forecast period.The key drivers of the segment include the increasing prevalence of respiratory disorders and rising awareness of ECMO procedures. consistent with the statistics published by the ELSO, over 2,600 patients suffering from respiratory illnesses in the U.S. underwent ECMO therapy in 2015.
 
Market Analysis, Insights and Forecast – By Modality
·       Veno-Arterial (VA)
·       Veno-Venous (VV)
·       Others

Market Analysis, Insights and Forecast – By Application
·       Respiratory Applications
·       Cardiac Applications
·       Extracorporeal Cardiopulmonary Resuscitation (ECPR)
 
ECMO Machine Market Regional Overview

Region-wise, in terms of regions, APAC is estimated to be the largest market for EVA . The market within the region is primarily driven by the rising demand for durable plastic products from the footwears, pharmaceuticals, and photovoltaic panels segments.

ECMO Machine Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
ECMO Machine Market Competitor overview

Some key developments and strategies adopted by manufacturers in the ECMO Machine are highlighted below.
 
·       In 2020, Hanwha Chemical merged with Hanwha Q CELLS and Advanced Materials and got renamed as Hanwha Solution.

ECMO Machine Market, Key Players

·       Medtronic plc
·       Sorin Group
·       Terumo Cardiovascular Systems Corporation
·       MAQUET Holding B.V. & Co. KG
·       Medos Medizintechnik AG
·       Nipro Medical Corporation
·       Microport Scientific Corporation

Frequently Asked Questions (FAQ) :

Q1. What is the total CAGR expected to be recorded for the ECMO Machine market during the forecast period?

ECMO Machine market is expected to record a CAGR of ~ xx% during the forecast period.

Q2. Which segment is projected to hold the largest share in the ECMO Machine Market?

Respiratory Applications segment is projected to hold the largest share in the ECMO Machine Market.

Q3. What are the driving factors for the ECMO Machine market?

The contributed to the growing cardiovascular and respiratory diseases, rising adoption of ECMO, is key factors that boost the growth of the ECMO Machine market progressively

Q4. Which Segments are covered in the ECMO Machine market report?

Modality and Application, and Region, these segments are covered in the ECMO Machine market report.

Q5. Which are the prominent players offering ECMO Machine ?

Medtronic plc; Sorin Group; Terumo Cardiovascular Systems Corporation; MAQUET Holding B.V. & Co. KG; Medos Medizintechnik AG; Nipro Medical Corporation; Microport Scientific Corporation
ECMO Machine Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global ECMO Machine Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Modality
        • 5.2.1. Veno-Arterial (VA)
        • 5.2.2. Veno-Venous (VV)
        • 5.2.3. Others
      • 5.3. Market Analysis, Insights and Forecast – By Application
        • 5.3.1. Respiratory Applications
        • 5.3.2. Cardiac Applications
        • 5.3.3. Extracorporeal Cardiopulmonary Resuscitation (ECPR)
      • 5.4. Market Analysis, Insights and Forecast – By Region
        • 5.4.1. North America
        • 5.4.2. Europe
        • 5.4.3. Asia Pacific
        • 5.4.4. Latin America, Middle East, and Africa

      6. North America ECMO Machine Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Modality
        • 6.2.1. Veno-Arterial (VA)
        • 6.2.2. Veno-Venous (VV)
        • 6.2.3. Others
      • 6.3. Market Analysis, Insights and Forecast – By Application
        • 6.3.1. Respiratory Applications
        • 6.3.2. Cardiac Applications
        • 6.3.3. Extracorporeal Cardiopulmonary Resuscitation (ECPR)
      • 6.4. Market Analysis, Insights and Forecast – By Country
        • 6.4.1. U.S.
        • 6.4.2. Canada

      7. Europe ECMO Machine Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Modality
        • 7.2.1. Veno-Arterial (VA)
        • 7.2.2. Veno-Venous (VV)
        • 7.2.3. Others
      • 7.3. Market Analysis, Insights and Forecast – By Application
        • 7.3.1. Respiratory Applications
        • 7.3.2. Cardiac Applications
        • 7.3.3. Extracorporeal Cardiopulmonary Resuscitation (ECPR)
      • 7.4. Market Analysis, Insights and Forecast – By Country
        • 7.4.1. UK
        • 7.4.2. Germany
        • 7.4.3. France
        • 7.4.4. Italy
        • 7.4.5. Spain
        • 7.4.6. Russia
        • 7.4.7. Rest of Europe

      8. Asia Pacific ECMO Machine Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Modality
        • 8.2.1. Veno-Arterial (VA)
        • 8.2.2. Veno-Venous (VV)
        • 8.2.3. Others
      • 8.3. Market Analysis, Insights and Forecast – By Application
        • 8.3.1. Respiratory Applications
        • 8.3.2. Cardiac Applications
        • 8.3.3. Extracorporeal Cardiopulmonary Resuscitation (ECPR)
      • 8.4. Market Analysis, Insights and Forecast – By Country
        • 8.4.1. China
        • 8.4.2. India
        • 8.4.3. Japan
        • 8.4.4. Australia
        • 8.4.5. South East Asia
        • 8.4.6. Rest of Asia Pacific

      9. Latin America, Middle East, and Africa ECMO Machine Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Modality
        • 9.2.1. Veno-Arterial (VA)
        • 9.2.2. Veno-Venous (VV)
        • 9.2.3. Others
      • 9.3. Market Analysis, Insights and Forecast – By Application
        • 9.3.1. Respiratory Applications
        • 9.3.2. Cardiac Applications
        • 9.3.3. Extracorporeal Cardiopulmonary Resuscitation (ECPR)
      • 9.4. Market Analysis, Insights and Forecast – By Country
        • 9.4.1. Brazil
        • 9.4.2. Saudi Arabia
        • 9.4.3. UAE
        • 9.4.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Medtronic plc
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Sorin Group
      • 10.6. Terumo Cardiovascular Systems Corporation
      • 10.7. MAQUET Holding B.V. & Co. KG
      • 10.8. Medos Medizintechnik AG
      • 10.9. Nipro Medical Corporation

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      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model