Extracorporeal Membrane Oxygenation Machine Market size was valued at USD 569.7 Mn. in 2022 and the total Extracorporeal Membrane Oxygenation Machine revenue is expected to grow by 5.5 % from 2023 to 2029, reaching nearly USD 828.7 Mn.



Extracorporeal Membrane Oxygenation Machine Market Overview

The report published by Maximize Market Research helps clients to understand the competitive landscape in detail, which is a guide for strategic planning. The Extracorporeal Membrane Oxygenation Machine Market overview provides thorough details about the size of the market, trade statistics, leading players, and various market metrics such as life cycle, trends, etc.



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Extracorporeal Membrane Oxygenation Machine Market Report Scope and Research Methodology

The technology adoption, financial standing, portfolio, merger and acquisition, joint ventures and strategic alliances are covered in the competitive environment for the Extracorporeal Membrane Oxygenation Machine Market. A thorough report includes the drivers, restraints, opportunities, and challenges of the Extracorporeal Membrane Oxygenation Machine Market. To understand Extracorporeal Membrane Oxygenation Machine Market estimations and growth rates, a bottom-up approach was used in the report.

Regional analysis of the Extracorporeal Membrane Oxygenation Machine Market was conducted at a local, regional and global level to understand the Extracorporeal Membrane Oxygenation Machine Market penetration, price and demand analysis and competitive landscape. The report provides fundamental information on the Extracorporeal Membrane Oxygenation Machine Market such as stakeholders, investors and new entrants used to develop marketing plans and investments.

The primary and secondary data methods were used for the data collection for the Extracorporeal Membrane Oxygenation Machine Market. The primary approach involves surveys, questionnaires and telephonic interviews with market leaders, business owners, etc. and the secondary data collection method includes press news, annual reports and financial reports, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Extracorporeal Membrane Oxygenation Machine Market



Extracorporeal Membrane Oxygenation Machine Market Regional Insights

The Extracorporeal Membrane Oxygenation Machine Market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis in the report helps to understand the Extracorporeal Membrane Oxygenation Machine Market in several countries. The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions.



Extracorporeal Membrane Oxygenation Machine Market Dynamics:

The MMR report covers all the trends and technologies playing a major role in the growth of the Extracorporeal Membrane Oxygenation Machine Market over the forecast period. It highlights the drivers, restraints, and opportunities expected to mpact the market growth during 2023-2029.



Extracorporeal Membrane Oxygenation Machine Market Segmentation:

1. Global Extracorporeal Membrane Oxygenation Machine Market Size, by Component (2023-2029)

• Oxygenator
• Pumps
• Controllers
• Cannula
• Accessories

The extracorporeal membrane oxygenation machine market's oxygenators segment, which generated 40.2% of revenue in 2023, is anticipated to grow profitably during the course of the forecast period. The substantial market size of oxygenators can be attributed to their high cost and quick exchange rate compared to other systems. The three main factors influencing the oxygenator exchange rate are mechanical failure, acute oxygenator thrombosis, and pump head thrombosis.

Pumps are quite expensive and consume a lot of energy, which accounts for their large market share. Blood from a patient is pumped to artificial lungs with the help of ECMO device pumps, and the artificial lungs oxygenate and return the blood to the patient.

2. Global Extracorporeal Membrane Oxygenation Machine Market Size, by Modality (2023-2029)

• Veno-Arterial
• Veno-Venous
• Arterio-Venous

Over the course of the projection period, the veno-arterial category is anticipated to increase at a robust rate of return, reaching 35.8% of market revenue in 2022. Part of the reason for the largest growth of this segment is that it is widely used in the treatment of patients experiencing cardiac arrest, helping to restore blood circulation through algorithmic life support methods.

The veno-venous category made up a sizable share in 2022 and is anticipated to grow profitably during the course of the projection. The main function of the venovenous ECMO (VV ECMO) circuit is to enable the exchange of carbon dioxide and oxygen. Because of this, it can be used in a variety of situations when lung support is necessary. One of the main reasons for the continued need for ECMO is the rising incidence of chronic obstructive pulmonary disease.

3. Global Extracorporeal Membrane Oxygenation Machine Market Size, by Patient (2023-2029)

• Neonates
• Pediatric
• Adult

Adult patients made up 62.0% of the market for extracorporeal membrane oxygenation machines in 2022, and they are anticipated to grow at the fastest rate over the course of the forecast period. Adults who use alcohol, cigarettes, and smoke, along with those who lead sedentary lifestyles, are more likely to suffer from cardiac and respiratory illnesses worldwide. The Extracorporeal Life Support Organization reported that in January 2023, around 7,950 people with heart conditions needed extracorporeal life support (ECMO).
Throughout the forecast period, the pediatric category is expected to increase at a high rate and maintain a significant market share. The key driver of this segment is the increasing number of children who are suffering from various pulmonary cardiac conditions.

4. Global Extracorporeal Membrane Oxygenation Machine Market Size, by Application (2023-2029)

• Respiratory
• Cardiac
• ECPR

In terms of the overall market share for extracorporeal membrane oxygenation machines in 2023, the respiratory category accounted for 49.0% of the total. Congenital diaphragmatic hernia (CDH), pneumonia, meconium aspiration syndrome, and respiratory distress syndrome are just a few of the conditions that can be treated in infants with the ECMO device. The extracorporeal membrane oxygenation market is divided into three segments: infant, pediatric, and adult, based on the patient population. One of the key factors driving the expansion of this category is the danger of respiratory failure among individuals with different respiratory illnesses.

Smoking and increased tobacco use also damage the lungs and increase the risk of respiratory failure and chronic illnesses. Both chronic obstructive pulmonary disease (COPD) and asthma constitute significant public health expenses, according to data released by the Office of Disease in June 2020.

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Extracorporeal Membrane Oxygenation Machine Market Key Players

1. Getinge
2. Medtronic plc
3. Livanova PLC
4. Abbott
5. Abiomed
6. Cytosorbents Corporation
7. Agilent Technologies
8. Siemens AG
9. Terumo Corporation
10.Fresenius Medical Care AG & Co. KGaA
11.Microport Scientific Corporation
12.Nipro Corporation
13.ALung Technologies Inc.
14.MAQUET Holding B.V. & Co. KG
15.Medos Medizintechnik AG
16.Terumo Cardiovascular Systems Corp
17.XENIOS AG
18.OriGen Biomedical, Inc.
19.EUROSETS S.r.l.





Key questions answered in the Extracorporeal Membrane Oxygenation Machine Market are:

Which are the factors expected to drive the Extracorporeal Membrane Oxygenation Machine Market growth?

What are the factors restraining the growth of the Extracorporeal Membrane Oxygenation Machine Market?

What is the demand pattern of the Extracorporeal Membrane Oxygenation Machine Market?

What major challenges could the Extracorporeal Membrane Oxygenation Machine Market face in the future?



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Key Offerings:

Past Market Size and Competitive Landscape (2023 to 2029)

Past Pricing and price curve by region (2023 to 2029)

Market Size, Share, Size & Forecast by different segment | 2023−2029

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Segmentation – A detailed analysis by segment with their sub-segments and Region

Competitive Landscape – Profiles of selected key players by region from a strategic perspective

Competitive landscape – Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

PESTLE Analysis

PORTER’s analysis

Value chain and supply chain analysis

Legal Aspects of Business by Region

Lucrative business opportunities with SWOT analysis

Recommendations

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