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Extracorporeal Membrane Oxygenation Market Size, Share Global Analysis Report, 2020–2026
Extracorporeal Membrane Oxygenation Market by Modality (Venoarterial (VA), Venovenous (VV) and Arteriovenous (AV)), Application (Respiratory, Cardiac and Extracorporeal Cardiopulmonary Resuscitation (ECPR)): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
According to the report published by Facts & Factors, the global Extracorporeal Membrane Oxygenation market size was worth around USD 285.45 million in 2019 and is predicted to grow around USD 384.71 million by 2026 with a compound annual growth rate (CAGR) of roughly 4.4% between 2020 and 2026.
The Extracorporeal Membrane Oxygenation market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Extracorporeal Membrane Oxygenation market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Extracorporeal Membrane Oxygenation industry. The report analyzes and declares the historical and current trends analysis of the Extracorporeal Membrane Oxygenation Industry and subsequently recommends the projected trends anticipated to be observed in the Extracorporeal Membrane Oxygenation market during the upcoming years.
Key Insights from Primary Research
- Our primary respondents believed the market to observe a stable growth of 4.4% over the forecast period on account of the Growing incidence of chronic obstructive pulmonary disorder (COPD), cardiopulmonary disease, and respiratory failure around the globe will provide considerable potential for growth in timeline forecasts of extracorporeal membrane oxygenation on the world market.
- Some of the experts predict the arteriovenous category (AV) is expected to grow at the highest CAGR in the forecast period.
- It is projected that the Extracorporeal Membrane Oxygenation demand controls North America led by Europe. The advantageous payment situation decreased the prevalence of lung cancer, and the presence of a large number of ECMO centers in the U.S. are expected to improve the demand for North American ECMO systems.
- The market experts suggest investing in extracorporeal membrane oxygenation market as the incidences of extracorporeal cardiopulmonary resuscitation (ECPR), respiratory diseases and cardiac diseases
Key Recommendations from Analysts
- Our analysts recommend focusing on the Asia-Pacific extracorporeal membrane oxygenation market since their estimations discovered that this region turned out to be the top asset pocket across the globe.
- The major reason behind the growth of the extracorporeal membrane oxygenation is the rising prevalence of unhealthy habits and smoking tobacco would lead to increased occurrence of respiratory disorders which will fuel market growth over the expected period of time.
- Increasing demand for Extracorporeal Membrane Oxygenation in Europe is likely to spur the market growth in the near future. This is majorly attributed to the transformation of conventional technologies, and rising incidences of cardiac and cancer diseases.
- The executive summary of the report reads the total incremental opportunity underlying in the global Extracorporeal Membrane Oxygenationmarket is nearly USD 87.53million between 2020 and 2026.
Extracorporeal Membrane Oxygenation Market – Cost Structure
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Extracorporeal Membrane Oxygenation Industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Extracorporeal Membrane Oxygenation industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Extracorporeal Membrane Oxygenation market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Extracorporeal Membrane Oxygenation industry. The Extracorporeal Membrane Oxygenation market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Extracorporeal Membrane Oxygenation sector. Key strategic developments in the Extracorporeal Membrane Oxygenation market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Extracorporeal Membrane Oxygenation market are appropriately highlighted in the report.
The purchasing pattern of consumers worldwide is based on evolving technology trends. The market share is largely influenced by the software sales greatly impacted by different strata of populations
The Extracorporeal Membrane Oxygenation market research report delivers an acute valuation and taxonomy of the Extracorporeal Membrane Oxygenation industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Extracorporeal Membrane Oxygenation industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Extracorporeal Membrane Oxygenation industry is provided for the leading economies of the world.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 285.45 Million |
Projected Market Size in 2026 |
USD 384.71 Million |
CAGR Growth Rate |
4.40% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
ALung Technologies, Inc, EUROSETS S.r.l, Getinge Group, LivaNova PLC, Medtronic plc, MicroPort Scientific Corporation, NIPRO Corporation, OriGen Biomedical, Inc., Terumo Corporation, and others. |
Key Segment |
By, Modality, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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The Extracorporeal Membrane Oxygenation market is segmented based on modality, application, and region. On the basis of modality segmentation, the market is classified into Venovenous (VV), Arteriovenous (AV), and venoarterial (VA). In terms of service segmentation, the market is bifurcated into extracorporeal cardiopulmonary resuscitation (ECPR), respiratory diseases, and cardiac diseases.
Some of the essential players operating in the Extracorporeal Membrane Oxygenation market, but not restricted to include:
- ALung Technologies Inc
- EUROSETS S.r.l
- Getinge Group
- LivaNova PLC
- Medtronic plc
- MicroPort Scientific Corporation
- NIPRO Corporation
- OriGen Biomedical Inc.
- Terumo Corporation
- XENIOS AG
The taxonomy of the Extracorporeal Membrane Oxygenation Market by its scope and segmentation is as follows:
Global Extracorporeal Membrane Oxygenation Market Disorder Type Segment Analysis
- Anxiety Disorder
- ADHD
- Bipolar Disorders
- Alcohol use disorder
- Depression
- Eating Disorder
- Post-traumatic Stress Disorder(PSTD)
- Substance Abuse Disorder
- Schizophrenia
- Others
Global Extracorporeal Membrane Oxygenation Market Service Segment Analysis
- Outpatient Counselling
- Intensive Case Management
- Home-based Treatment Services
- Inpatient Hospital Treatment
- Emergency Mental Health Service
- Others
Regional Segment Analysis
- North America
- The U.S.
- Rest of North America
- Europe
- Germany
- The U.K.
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
-
- The Middle East and Africa
Table of Content
Industry Major Market Players
- ALung Technologies Inc
- EUROSETS S.r.l
- Getinge Group
- LivaNova PLC
- Medtronic plc
- MicroPort Scientific Corporation
- NIPRO Corporation
- OriGen Biomedical Inc.
- Terumo Corporation
- XENIOS AG
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