Market Overview:
The global veno-venous ECMO system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of respiratory and cardiac diseases, growing awareness about ECMO therapy, and technological advancements in ECMO systems. Based on type, the global veno-venous ECMO system market can be segmented into desktop ECMO and mobile ECMO. Desktop ECMO systems are used for patients who are not able to move due to their illness or injury. These systems are mostly used in hospitals or clinics. Mobile ECMO systems are portable devices that can be used for patients who need treatment away from a hospital setting such as home care or ambulances. The use of mobileEC MO systems is growing rapidly due to their portability and flexibility. They offer opportunities for early intervention and improved patient outcomes compared with traditional hospital-based treatments . Based on application, the global veno-venousEC MO system market can be segmented into neonatal, pediatric, adult, and other applications . Neonatal applications account for the majority of the share in this market owingto th e high incidence rate of respiratory diseasesin newborns . Pediatric applications include both acuteand chronic conditions such as pneumonia , sepsis , congenital heart disease (CHD),and cystic fibrosis (CF) .
Product Definition:
The veno-venous ECMO system (VV ECMO) is a type of extracorporeal membrane oxygenation (ECMO) that uses two cannulas, one inserted into a vein in the arm and another inserted into a vein in the leg. This system allows blood to be circulated out of the body and through an artificial lung machine, which adds oxygen to the blood before returning it to the body. The VV ECMO system is used as a life-saving measure for people with severe respiratory failure or heart failure who are not responding to other treatments.
Desktop ECMO:
Desktop ECMO (D-ECMO) is a technique of venous substitution therapy used to treat patients with refractory chronic liver disease and severe portal hypertension. It is also used in the treatment of post-transplantation complications such as acute port syndrome, hepatic encephalopathy, and cerebral edema. D-ECMO has been found to be useful in improving survival rates among pediatric patients suffering from liver cirrhosis.
Mobile ECMO:
Mobile ECMO (M-ECMO) is a type of extracorporeal blood circulation which helps in the delivery of oxygen and removal of carbon dioxide from the blood. It is mainly used for treating respiratory failure, especially in cases where lung transplantation procedures are not feasible or have failed. The machine can be taken to any place and set up within minutes to provide critical care to patients suffering from cardiopulmonary arrest.
Application Insights:
The adult segment held the largest share of the global market in 2017. The high prevalence of chronic kidney diseases and rising geriatric population are some of the major factors driving this segment. According to a study published in 2018 by NCBI, it is estimated that more than 30% adults in U.S., suffer from chronic kidney disease every year and around 1-3% of them will be diagnosed with CKD during their lifetime. In addition, as per another study published by NCBI, it is estimated that there are nearly 52 million people across Europe suffering from ESRD which includes approximately 37 thousand individuals undergoing dialysis or living with a kidney transplantation at any given time throughout Europe region. Therefore, based on these statistics veno-venous ECMO system would be one of the best options for treating these patients especially if they cannot undergo heart transplantation due to low HLA compatibility or other reasons such as age above 60 years old or have suffered from previous heart failures etc.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high adoption rate of advanced technologies and increasing demand for organ transplantation are some major factors responsible for its large share. Moreover, growing awareness regarding veno-venous ECMO systems and availability of highly skilled physicians are also contributing to the growth in this region.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to a rise in healthcare expenditure by governments as well as private organizations, rising patient awareness about organ donation & transplantation coupled with an increase in chronic disease prevalence especially cardiac failure & respiratory disorders such as COPD.
Growth Factors:
- Increasing incidence of respiratory diseases and other medical conditions that can lead to respiratory failure
- Growing demand for advanced technologies in the healthcare sector
- Rising number of ECMO procedures being performed each year
- Increasing awareness about the benefits of Veno-Venous ECMO System among healthcare professionals and patients alike
- Technological advancements in Veno-Venous ECMO System that improve its efficacy and safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Veno-Venous ECMO System Market Research Report
By Type
Desktop ECMO, Mobile ECMO
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Veno-Venous ECMO System Market Report Segments:
The global Veno-Venous ECMO System market is segmented on the basis of:
Types
Desktop ECMO, Mobile ECMO
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
Highlights of The Veno-Venous ECMO System 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:
- Desktop ECMO
- Mobile ECMO
- 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 Veno-Venous ECMO System 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.
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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
Frequently Asked Questions?
The Veno-Venous ECMO System is a medical technology that helps to provide life-saving support to patients with severe respiratory failure. The system uses veins from the arm and leg to carry oxygen and other nutrients directly to the lungs.
Some of the major players in the veno-venous ecmo system market are Medtronic, Maquet Holding, Sorin Group, Xenios AG, ALung Technologies.
The veno-venous ecmo system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veno-Venous ECMO System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Veno-Venous ECMO System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Veno-Venous ECMO System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Veno-Venous ECMO System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Veno-Venous ECMO System Market Size & Forecast, 2018-2028
4.5.1 Veno-Venous ECMO System Market Size and Y-o-Y Growth
4.5.2 Veno-Venous ECMO System Market Absolute $ Opportunity
Chapter 5 Global Veno-Venous ECMO System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Veno-Venous ECMO System Market Size Forecast by Type
5.2.1 Desktop ECMO
5.2.2 Mobile ECMO
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Veno-Venous ECMO System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Veno-Venous ECMO System Market Size Forecast by Applications
6.2.1 Neonatal
6.2.2 Pediatric
6.2.3 Adult
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veno-Venous ECMO System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Veno-Venous ECMO System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Veno-Venous ECMO System Analysis and Forecast
9.1 Introduction
9.2 North America Veno-Venous ECMO System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Veno-Venous ECMO System Market Size Forecast by Type
9.6.1 Desktop ECMO
9.6.2 Mobile ECMO
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Veno-Venous ECMO System Market Size Forecast by Applications
9.10.1 Neonatal
9.10.2 Pediatric
9.10.3 Adult
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Veno-Venous ECMO System Analysis and Forecast
10.1 Introduction
10.2 Europe Veno-Venous ECMO System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Veno-Venous ECMO System Market Size Forecast by Type
10.6.1 Desktop ECMO
10.6.2 Mobile ECMO
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Veno-Venous ECMO System Market Size Forecast by Applications
10.10.1 Neonatal
10.10.2 Pediatric
10.10.3 Adult
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Veno-Venous ECMO System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Veno-Venous ECMO System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Veno-Venous ECMO System Market Size Forecast by Type
11.6.1 Desktop ECMO
11.6.2 Mobile ECMO
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Veno-Venous ECMO System Market Size Forecast by Applications
11.10.1 Neonatal
11.10.2 Pediatric
11.10.3 Adult
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Veno-Venous ECMO System Analysis and Forecast
12.1 Introduction
12.2 Latin America Veno-Venous ECMO System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Veno-Venous ECMO System Market Size Forecast by Type
12.6.1 Desktop ECMO
12.6.2 Mobile ECMO
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Veno-Venous ECMO System Market Size Forecast by Applications
12.10.1 Neonatal
12.10.2 Pediatric
12.10.3 Adult
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Veno-Venous ECMO System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Veno-Venous ECMO System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Veno-Venous ECMO System Market Size Forecast by Type
13.6.1 Desktop ECMO
13.6.2 Mobile ECMO
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Veno-Venous ECMO System Market Size Forecast by Applications
13.10.1 Neonatal
13.10.2 Pediatric
13.10.3 Adult
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Veno-Venous ECMO System Market: Competitive Dashboard
14.2 Global Veno-Venous ECMO System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Maquet Holding
14.3.3 Sorin Group
14.3.4 Xenios AG
14.3.5 ALung Technologies
