Extracorporeal membrane oxygenation market
Extracorporeal Membrane Oxygenation System Market, by Modality (Arteriovenous, Venoarteial, and Venovenous) by Application (Extracorporeal cardiopulmonary resuscitation, Cardiac, and Respiratory), by Age Group (Neonatal, Pediatric, and Adults), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
- Jul 2022
- CMI947
- 170 Pages
- Excel & Pdf
- Medical Devices
Extracorporeal membrane oxygenation (ECMO) system is a life supporting system providing cardiac and respiratory support to the patients suffering from severe respiratory failure. ECMO circuit comprises cannulas, pump, blender and oxygenator, which oxygenates the blood and remove carbon dioxide through extracorporeal gas exchange device referred to as membrane oxygenator. Potential indications for which ECMO is used includes severe acute respiratory distress syndrome (ARDS), acute hypercapnic respiratory failure, bridge lung transplantation, primary graft dysfunction post-lung transplantation, and pulmonary hypertension with right ventricular failure.
Global extracorporeal membrane oxygenation system market is estimated to be valued at US$ 316.5 million in 2022 and is expected to exhibit a CAGR of 5.3% during the forecast period (2022-2030).
Figure 1.Global Extracorporeal Membrane Oxygenation System Market Share (%), by Modality, 2022
Increasing prevalence of cardiovascular and respiratory disorders are expected to drive growth of the extracorporeal membrane oxygenation system market
Increasing cases of cardiovascular and respiratory disorders is one of the major factors that is boosting growth of the extracorporeal membrane oxygenation system (ECMO) system market. For instance, according to data provided by the Centers for Disease Control and Prevention, in February 2022, one person dies every 36 seconds in the U.S. from cardiovascular disease.
Extracorporeal Membrane Oxygenation System Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2022: | US$ 316.5 Mn |
Historical Data for: | 2017 to 2020 | Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 5.3% | 2030 Value Projection: | US$ 476.8 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Medtronic, Getinge AB, LivaNova PLC, Terumo Corporation, XENIOS AG, OriGen Biomedical, EUROSETS NIPRO, and MicroPort Scientific Corporation |
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Growth Drivers: |
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Restraints & Challenges: |
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Figure 2.Global Extracorporeal Membrane Oxygenation System Market Share (%), by Region, 2022
Industrial collaborations by key players in market are expected to drive market growth during the forecast period.
Industry players in market are adopting the strategy of collaboration focusing on development of products. For instance, in 2018, Medtronic, a leader in medical technology, services, and solutions, collaborated with Sayler Biomedical LLC, for development of the product Century heart Lung machine. Century heart lung machine has features, such as compact and sturdy design, easy to use components and affordable price.
Global Extracorporeal Membrane Oxygenation System Market– Impact of Coronavirus (COVID-19) Pandemic
Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization had declared it a public health emergency on January 30, 2020.
The COVID-19 pandemic had a positive impact on the global extracorporeal membrane oxygenation system market, owing to its use in patients infected with the COVID-19 infection, experiencing difficulty in breathing. For instance, in April 2020, the U.S. Food and Drug Administration (FDA) had issued guidance to provide a policy to help expand the availability of devices used in extracorporeal membrane oxygenation (ECMO) therapy to address the novel coronavirus (COVID-19, SARS-CoV-2) public health emergency. ECMO systems are used for long-term respiratory/cardiopulmonary failure and provide assisted extracorporeal circulation and physiologic gas exchange of the patient’s blood for more than six hours. The technology can oxygenate a severely sick COVID-19 pneumonia patient's blood without the need to transfer oxygen through fluid filled lungs. Thus the COVID-19 pandemic had a positive impact on the extracorporeal membrane oxygenation system market
Global Extracorporeal Membrane Oxygenation System Market: Key Developments
In May 2022, LivaNova PLC, a global medical technology company, acquired ALung Technologies, Inc., the leading provider of low-flow extracorporeal carbon dioxide removal (ECCO2R) technologies for treating patients with acute respiratory failure
In January 2021, Braile Biomedica, an advanced manufacturer of medical-surgical and hospital products, launched SOLIS System, a product against COVID-19 in partnership with the Eldorado Institute, a non-profit research, development and innovation institution, and Embrapii, a social organization. The system consists of extracorporeal membrane oxygenation (ECMO), a form of extracorporeal breathing.
Global Extracorporeal Membrane Oxygenation System Market: Restraint
The major factors that hinder growth of the global extracorporeal membrane oxygenation system market include complications associated with the ECMO system such as internal bleeding, blood clotting or technical failure and high cost of the ECMO equipments.
Key Players
Major players operating in the global extracorporeal membrane oxygenation system market include Medtronic, Getinge AB, LivaNova PLC, Terumo Corporation, XENIOS AG, OriGen Biomedical, EUROSETS NIPRO, and MicroPort Scientific Corporation.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Modality
- Market Snapshot, By Application
- Market Snapshot, By Age Group
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Technological Advancements
- PEST Analysis
- PORTER’S Five Forces
- Market Dynamics
- Global Extracorporeal Membrane Oxygenation System Market- Impact of Coronavirus (Covid-19) Pandemic
- Overall Impact
- Impact on Supply and Demand
- COVID-19 Impact on the market
- Global Extracorporeal Membrane Oxygenation System Market, By Modality, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Arteriovenous
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Venoarteial
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Venovenous
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global Extracorporeal Membrane Oxygenation System Market, By Application, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Extracorporeal cardiopulmonary resuscitation
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Cardiac
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Respiratory
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global Extracorporeal Membrane Oxygenation System Market, By Age Group, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Neonatal
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Pediatric
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Adults
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global Extracorporeal Membrane Oxygenation System Market, By Region, 2017 – 2030, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2018–2030
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- UK
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Modality, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Age Group, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017 – 2030, (US$ Million)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Medtronic
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Getinge AB
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- LivaNova PLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Terumo Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- XENIOS AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- OriGen Biomedical
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- EUROSETS
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- NIPRO
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- MicroPort Scientific Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Medtronic
- Section
- Research Methodology
- About Us
*Browse 36 market data tables and 32 figures on "Extracorporeal Membrane Oxygenation System Market” - Global forecast to 2030
Detailed Segmentation:
- Global Extracorporeal Membrane Oxygenation System Market, By Modality:
- Arteriovenous
- Venoarteial
- Venovenous
- Global Extracorporeal Membrane Oxygenation System Market, By Application:
- Extracorporeal cardiopulmonary resuscitation
- Cardiac
- Respiratory
- Global Extracorporeal Membrane Oxygenation System Market, By Age Group:
- Neonatal
- Pediatric
- Adults
- Global Extracorporeal Membrane Oxygenation System Market, By Region:
- North America
- By Modality
- Arteriovenous
- Venoarteial
- Venovenous
- By Application
- Extracorporeal cardiopulmonary resuscitation
- Cardiac
- Respiratory
- By Age Group
- Neonatal
- Pediatric
- Adults
- By Country
- U.S.
- Canada
- By Modality
- Latin America
- By Modality
- Arteriovenous
- Venoarteial
- Venovenous
- By Application
- Extracorporeal cardiopulmonary resuscitation
- Cardiac
- Respiratory
- By Age Group
- Neonatal
- Pediatric
- Adults
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Modality
- Europe
- By Modality
- Arteriovenous
- Venoarteial
- Venovenous
- By Application
- Extracorporeal cardiopulmonary resuscitation
- Cardiac
- Respiratory
- By Age Group
- Neonatal
- Pediatric
- Adults
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- By Modality
- Asia Pacific
- By Modality
- Arteriovenous
- Venoarteial
- Venovenous
- By Application
- Extracorporeal cardiopulmonary resuscitation
- Cardiac
- Respiratory
- By Age Group
- Neonatal
- Pediatric
- Adults
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- By Modality
- Middle East
- By Modality
- Arteriovenous
- Venoarteial
- Venovenous
- By Application
- Extracorporeal cardiopulmonary resuscitation
- Cardiac
- Respiratory
- By Age Group
- Neonatal
- Pediatric
- Adults
- By Country
- GCC
- Israel
- Rest of Middle East
- By Modality
- Africa
- By Modality
- Arteriovenous
- Venoarteial
- Venovenous
- By Application
- Extracorporeal cardiopulmonary resuscitation
- Cardiac
- Respiratory
- By Age Group
- Neonatal
- Pediatric
- Adults
- By Region/Country
- South Africa
- Central Africa
- North Africa
- By Modality
- North America