DUBLIN, July 23, 2021 /PRNewswire/ -- The "Global Extracorporeal Membrane Oxygenation Machine Market (2020-2025) by Components, Modality, Application, Patient Type, End-User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Extracorporeal Membrane Oxygenation Machine Market is estimated to be USD 295.3 Mn in 2020 and is expected to reach USD 467.2 Mn by 2025, growing at a CAGR of 9.6%.
Market Dynamics
Key factors such as the rising number of acute respiratory distress syndrome (ARDS) and/or cardiac failure followed by increasing dependence on a life support machine in event of an organ failure has created a demand for Extracorporeal Membrane Oxygenation Machines (ECMO) thereby driving the market growth. Also, the growing requirement of ECMO machines during pre and post surgeries in hospitals is further facilitating the growth of the market. However, factors such as high cost and complexities such as bleeding, infections, etc are likely to restrain the market growth. Device failure and lack of skilled professionals are some key challenges to the market.
Market Segmentation
The Global Extracorporeal Membrane Oxygenation Machine Market is segmented further based on Components, Modality, Application, Patient Type, End-User, and Geography.
By Components, the market is classified as Pumps, Oxygenators, Controllers, Cannula, and Accessories. Amongst all, the oxygenators segment is expected to hold a major share.
By Modality, the market is classified as veno-arterial, veno-venous, and arterio-venous. Amongst all, the veno-arterial segment is expected to hold a major share.
By Application, the market is classified as respiratory, cardiac, and ECPR. Amongst all, the respiratory segment is expected to hold the major share.
By Patient Type, the market is classified as neonates, pediatric, and adult. Amongst all, the adult segment accounted for the largest share.
By End User, the market is classified as hospitals, home care settings, ambulatory centers, and others. Amongst all, the hospital segment holds the highest market share.
By Geography, North America is projected to lead the market.
Recent Developments 1. Liva Nova PLC has stated that its cardiopulmonary products are now being permitted in the U.S. for Extracorporeal Membrane Oxygenation (ECMO) therapy by the USFDA for greater than six hours - 22nd April 2020 2. Terumo Cardiovascular (a subsidiary of Terumo Corp.) and CytoSorbents Corporation, have formed a collaboration to exclusively sell CytoSorb therapy along with Terumo ECMO machines in ten COVID-19 hotspot states in the U.S. - 24th August 2020
Company Profiles
Some of the companies covered in the report are Abbott Laboratories, Alung Technologies, Braile Biomedical, Edwards Lifesciences Corp, Elsius Biomedical Inc., Eurosets Srl, Getinge Group, LivaNova PLC, Medtronic Inc., MicroPort Scientific Corporation, Nipro Corporation, Origen Biomedical, Spectrum Medical, Terumo Corporation etc.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Extracorporeal Membrane Oxygenation Machine Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also contains the competitive analysis using the Competitive Quadrant, the analyst's proprietary competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Overview 4.1 Introduction 4.2 Market Dynamics 4.2.1 Drivers 4.2.1.1 Rising number of acute respiratory and/or cardiac failure 4.2.1.2 Higher need of a life support machine due to the poor functioning of body organs 4.2.1.3 Growing requirement during critical pre and post surgeries in hospitals 4.2.2 Restraints 4.2.2.1 High Cost 4.2.2.2 Complex and high-risk therapy 4.2.3 Opportunities 4.2.3.1 Miniaturization of ECMO machines 4.2.3.2 Technological advancement in ECMO machines 4.2.3.3 Reduced mortality rate 4.2.4 Challenges 4.2.4.1 Device failure 4.2.4.2 Lack skilled professionals 4.3 Trends
5 Market Analysis 5.1 Porter's Five Forces Analysis 5.2 Impact of COVID-19 5.3 Ansoff Matrix Analysis
6 Global Extracorporeal Membrane Oxygenation Machine Market, By Modality 6.1 Introduction 6.2 Veno-venous ECMO 6.3 Veno-arterial ECMO 6.4 Arterio-venous ECMO
7 Global Extracorporeal Membrane Oxygenation Machine Market, By Components 7.1 Introduction 7.2 Pumps 7.2.1 Roller Pumps 7.2.2 Centrifugal Pumps 7.3 Oxygenator 7.4 Controllers 7.5 Cannula 7.6 Accessories
8 Global Extracorporeal Membrane Oxygenation Machine Market, By Application 8.1 Introduction 8.2 Respiratory Applications 8.3 Cardiac Applications 8.4 Extracorporeal Cardiopulmonary Resuscitation (ECPR)
9 Global Extracorporeal Membrane Oxygenation Machine Market, By Patient Type 9.1 Introduction 9.2 Neonates 9.3 Pediatric 9.4 Adult
10 Global Extracorporeal Membrane Oxygenation Machine Market, By End User 10.1 Introduction 10.2 Hospitals 10.3 Home Care Settings 10.4 Ambulatory Centers 10.5 Others
11 Global Extracorporeal Membrane Oxygenation Machine Market, By Geography 11.1 Introduction 11.2 North America 11.2.1 US 11.2.2 Canada 11.2.3 Mexico 11.3 South America 11.3.1 Brazil 11.3.2 Argentina 11.4 Europe 11.4.1 UK 11.4.2 France 11.4.3 Germany 11.4.4 Italy 11.4.5 Spain 11.4.6 Rest of Europe 11.5 Asia-Pacific 11.5.1 China 11.5.2 Japan 11.5.3 India 11.5.4 Indonesia 11.5.5 Malaysia 11.5.6 South Korea 11.5.7 Australia 11.5.8 Russia 11.5.9 Rest of APAC 11.6 Rest of the World 11.6.1 Qatar 11.6.2 Saudi Arabia 11.6.3 South Africa 11.6.4 United Arab Emirates 11.6.5 Latin America
12 Competitive Landscape 12.1 Competitive Quadrant 12.2 Market Share Analysis 12.3 Competitive Scenario 12.3.1 Mergers & Acquisitions 12.3.2 Agreement, Collaborations, & Partnerships 12.3.3 New Product Launches & Enhancements 12.3.4 Investments & Funding
13 Company Profiles 13.1 Abbott Laboratories 13.2 ALung Technologies 13.3 Braile Biomedical 13.4 Edwards Lifesciences Corp 13.5 Elsius Biomedical Inc. 13.6 Eurosets Srl 13.7 Getinge Group 13.8 LivaNova PLC 13.9 Medtronic Inc. 13.10 MicroPort Scientific Corporation 13.11 Nipro Corporation 13.12 Origen Biomedical 13.13 Spectrum Medical 13.14 Terumo Corporation 13.15 XENIOS AG (Fresenius Medical Care AG) 13.16 Hemovent GmbH 13.17 Fresenius Medical Care AG 13.18 Siemens AG 13.19 Agilent Technologies 13.20 Medos Medizintechnik AG
14 Appendix
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