Extracorporeal Membrane Oxygenation Machine Market worth $673 million by 2026
2022-05-10 13:45:14 UTC | Healthcare & Pharmaceuticals
According to the new market research report "Extracorporeal Membrane Oxygenation Machine Market
by Product, Component, Patient Type (Neonates, Pediatrics and Adults),
Modality Outlook (Veno-Venous, Veno-Arterio and Arterio-Venous),
Applications, and Region - Global Forecast to 2026", published by
MarketsandMarkets™, the global ECMO machine market is expected to reach
USD 673 million by 2026 from an estimated USD 531 million in 2021, at a
CAGR of 4.9% from 2021 to 2026.
Browse in-depth TOC on "Extracorporeal Membrane Oxygenation Machine Market"
171 – Tables
37 – Figures
173 – Pages
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major factors driving the growth of this market include the increasing
geriatric population and growth in disease incidence as well as
favorable government regulations, investments, and initiatives. The
advantages of ECMO machines have played a key part in their adoption;
their speed and accuracy, as well as quick processing times, allow for
significantly higher patient screening volumes than earlier. This has
pushed companies to focus on product development and innovation.
The adults segment dominated the ECMO machine market in 2020
on patient type, the ECMO machine market is segmented into adults,
prediatrics ad neonates. The adult segment commanded the largest share
of the global ECMO machine market in 2020. ECMO has been used for more
than 40 years, and its benefits in neonates with respiratory distress
are well recognized. The benefits of ECMO in adult patients with cardiac
failure or refractory acute respiratory distress syndrome (ARDS) are
still debated, as ECMO was initially associated with poor survival
rates. However, recent technological advances in ECMO circuits have led
to a reduction in the rate of technical issues and complications.
Portable ECMO machines are expected to register the highest CAGR during the forecasted period
on product type, the ECMO machine market is segmented into Static ECMO
machines and Portable ECMO machines. Portable ECMO machine segment is
expected to dominate the market during the forecast period. Portable
ECMO machines can be transported to any desired location and are light
in weight. These systems are especially used in a variety of imaging-set
ups, including intensive care units, cardiac care units, neonatal
intensive care units, operating rooms, emergency rooms, and at the
patient's beside for critically ill patients or patients with mobility
The Pumps ECMO machine segment dominated the ECMO machine market in 2020
global ECMO machine market is divided into- pumps, oxygenators,
controllers, cannula and accessories. The controllers segment is
expected to dominate the market during the forecast period. The large
share of this segment can be attributed to the greater adoption of the
systems among end users due to their lower cost compared to other
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Arterio-Venous dominated the ECMO machine market in 2020
on modality, the ECMO machine market is segmented into veno-arterio,
veno-venous and arterio-venous. Arterio-Venous segment is expected to
dominate the market during the forecast period. Arteriovenous ECMO
facilitates gas exchange, especially carbon dioxide removal, by using
the patient's own arterial pressure to pump blood through the circuit.
It is also referred to as an extracorporeal carbon dioxide removal
(ECCO2 R) system, as it is more efficient at CO2 removal. This is a key
factor driving market growth.
The respiratory applications segment dominated the ECMO machine market by applications in 2020
on applications, the ECMO machine market is segmented into respiratory,
cardiac and ECPR applications. The general respiratory segment is
expected to dominate this market during the forecast period. Growth in
this market can be attributed to the increasing prevalence of target
diseases, high demand for early diagnosis, and technological
advancements in the ECMO machines market.
Asia Pacific is expected to see the highest growth in the ECMO machine market by region
ECMO machine market is segmented into five major regions—North America,
Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America is the largest regional market for ECMO machines, whereas
the Asia Pacific market is estimated to grow at the highest CAGR during
the forecast period.
Growth in the ECMO machine market in the
Asia Pacific is mainly driven by the growing geriatric population,
particularly in Japan; increasing disposable incomes, allowing for
greater affordability for advanced technologies; the rising prevalence
of target diseases; and favorable government initiatives. Such factors
help to drive the market for digital imaging systems in this region and
draw foreign investments and partnerships.
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ECMO machine market is dominated by Getinge Group (Sweden), Medtronic
plc (US), Fresenius Medicalcare AG & Co. KGAA (Germany), Microport
(China), and Terumo Cardiovascular Systems Corporation (Japan). The
other leading market players include Livanova plc (UK), Nipro
Corporation (Japan), Eurosets S.R.L. (Italy), Origin Biomedical (US),
Cytosorbents Corporation (Australia), and Abiomed (US).
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
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