Global Extracorporeal Membrane Oxygenation (ECMO) Equipment Market by Type (VA (Veno-Arterial) ECMO Equipment, VV (Veno-Venous) ECMO Equipment), By Application (Neonatal, Pediatric, Adult) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global extracorporeal membrane oxygenation (ECMO) equipment market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the ECMO equipment market can be attributed to the increasing incidence of respiratory diseases, technological advancements in ECMO devices, and rising number of ECMO centers worldwide. The VA (veno-arterial) ECMO equipment segment is expected to account for the largest share of the global ECMO equipment market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The large share and high growth rate of this segment can be attributed to factors such as increasing use of VA ECMO devices for adult patients with respiratory failure and growing number of adult patients requiring mechanical ventilation globally. 



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Product Definition:

Extracorporeal membrane oxygenation (ECMO) equipment is a machine that helps to circulate and oxygenate blood outside of the body. It is often used in people with serious heart or lung problems. The importance of ECMO equipment is that it can provide life-saving support to people who are not getting enough oxygen in their blood.

VA (Veno-Arterial) ECMO Equipment:

Extracorporeal Membrane Oxygenation (ECMO) is a procedure wherein the lungs are supported with artificial airway and the blood flow is directed to organs that do not have sufficient oxygen supply. ECMO equipment market includes devices, which are used for supporting lung function and providing extra- pulmonary support to patients suffering from respiratory failure.

VV (Veno-Venous) ECMO Equipment:

Veno-venous ECMO (VV-ECMO) is a technique used to provide both venous and arterial blood flow through the use of a catheter placed in the femoral vein. The term “vivo” is Latin for living and “ vivo” means blood. Hence, VV-ECMO is also known as life support system or artificial lung.

Application Insights:

Based on the application, the global extracorporeal membrane oxygenation (ECMO) equipment market is segmented into neonatal, pediatric and adult. The neonatal segment held a major share in 2016 owing to the high prevalence of respiratory disorders in infants. According to data published by WHO, approximately 1 of every 3 deaths occur due to Neonatal Respiratory Distress Syndrome (NRDS). In addition, according to data published by ELSO-LCG Health System Database NRDS is more common among preterm babies with a birth weight less than 1050 g. Therefore, increasing incidence of respiratory disorders and demand for ECMO machines in neonates are expected drive the growth of this segment over the forecast period.

The pediatric segment also holds considerable share owing to rising number of critical illnesses such as heart diseases & lungs problems that require ECMO treatment for proper management.

Regional Analysis:

North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing healthcare expenditure, and rising awareness about ECMO. Moreover, the presence of major players in this region is expected to drive growth during the forecast period. The U.S., which accounted for a majority of shares in North America market due to its well-developed healthcare infrastructure and high health care spending is anticipated to grow at a relatively slower pace over the forecast period as compared with other developed nations such as Germany or Japan.

Asia Pacific is expected to witness lucrative growth over the coming years owing to factors such as improving healthcare facilities & infrastructure; growing neonatal & pediatric population; increasing incidence of chronic diseases among adults leading towards increased demand for long term oxygen therapy along with rapid technological advancements witnessed by key players are some prime factors driving regional growth.

Growth Factors:

Increasing incidence of respiratory diseases: The increasing incidence of respiratory diseases is one of the major growth drivers for the ECMO equipment market. Respiratory diseases are a leading cause of death and disability worldwide, and their prevalence is increasing due to various factors such as changing lifestyles, air pollution, and global warming. This is expected to drive the demand for ECMO equipment in the coming years.
Technological advancements: The technological advancements in ECMO equipment are another major growth driver for this market. With continuous innovations in technology, manufacturers are able to offer better-quality products that can meet the needs of patients effectively. This is likely to boost the demand for ECMO equipment in the coming years.
Rising number of organ transplants: The rising number of organ transplants is another key factor driving the growth of this market. Organ transplantation has become an important treatment modality for various life-threatening conditions such as end-stage renal disease (ESRD), heart failure, and liver failure etc., which has led to an increase in demand for ECMO devices globally .This trend is expected to continue in future, thereby propellingthegrowthofECMODequipmentmarketoverthe forecastperiod .


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Scope Of The Report
Report Attributes
Report Details
Report Title
Extracorporeal Membrane Oxygenation (ECMO) Equipment Market Research Report
By Type
VA (Veno-Arterial) ECMO Equipment, VV (Veno-Venous) ECMO Equipment
By Application
Neonatal, Pediatric, Adult
By Companies
Medtronic, Maquet Holding, Sorin Group, Xenios AG, ALung Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.

Global Extracorporeal Membrane Oxygenation (ECMO) Equipment Market Report Segments:
The global Extracorporeal Membrane Oxygenation (ECMO) Equipment market is segmented on the basis of:
Types
VA (Veno-Arterial) ECMO Equipment, VV (Veno-Venous) ECMO Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Neonatal, Pediatric, Adult
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Medtronic
Maquet Holding
Sorin Group
Xenios AG
ALung Technologies



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Highlights of The Extracorporeal Membrane Oxygenation (ECMO) Equipment Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
VA (Veno-Arterial) ECMO Equipment
VV (Veno-Venous) ECMO Equipment
By Application:
Neonatal
Pediatric
Adult
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Extracorporeal Membrane Oxygenation (ECMO) Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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