According to the new market research report ECMO Machine Market is expected to reach USD 673 million by 2026 from an estimated USD 531 million in 2021, at a CAGR of 4.9% from 2021 to 2026.
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An ECMO machine acts as an artificial heart and lung for a patient whose own heart or lungs cannot provide enough blood flow or get enough oxygen into the blood. ECMO is used after other methods of supporting the heart and lungs do not work. The goal of the ECMO is to let the heat and lungs recover while the patient is supported by the ECMO machine. The major factors driving the growth of this market include the increasing geriatric population and growth in disease incidence as well as favorable government regulations, investments, and initiatives. The advantages of ECMO machines have played a key part in their adoption; their speed and accuracy, as well as quick processing times. This has pushed companies to focus on product development and innovation. However, these systems are priced at a premium, which slows their greater adoption.
The competitive landscape includes the analysis of the key growth strategies adopted by major players between 2018–2020 to expand their global presence and increase their market shares in the ECMO machine market. The key growth strategies adopted by the top players in the market include product launches and approvals, agreements, expansions, and acquisitions. Product approvals and launches were the most widely adopted growth strategies by market players in the last three years to garner a larger share of the market. The ECMO machine market is dominated by Fresenius Medicalcare AG & Co. KGAA(Germany), Getinge Group (Sweden), Medtronic plc (US), and Microport (China).
Fresenius Medical Care AG & Co. KgaA is one of the leading providers of ECMO products and services to patients. The company operates through two business divisions- Healthcare Services and Healthcare Products. The Healthcare Products division includes two major segments, namely, Dialysis Products ad Non-Dialysis Products. It focuses on inorganic and organic growth strategies, including new product launches, partnerships, and agreements, to enhance and maintain its position in the market. The company has launched various products in the ECMO machine market in the last three years and is constantly engaged in R&D for product innovation. The company has a wide geographic presence in Europe, Africa, the Middle East, Asia, Australia, and the US, and is constantly engaged in strategic deals and partnerships to promote growth in the market.
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Getinge Group’s leading position in the ECMO machine market can be attributed to its robust product portfolio. The firm offers a wide range of products for cardiac assist, cardiac surgery, cardiopulmonary, critical care, vascular systems, surgical workflows, infection control, contamination prevention, post-acute care, sterilization sand life sciences. Getinge Group is an innovation-centric company that launches advanced products to meet consumer requirements. To strengthen its position in the ECMO machine market, the company also focuses on adopting inorganic strategies such as agreements, partnerships, and collaborations. The company primarily operates in the Americas, EMEA and APAC. It also has a strong sales and distribution network that allows the company to market its products across the globe.
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A number of key players are competing against each other to expand their existing customer base.
Getinge Group (Sweden), Medtronic plc (Ireland), and LivaNova PLC (U.K.) are the top three players of the extracorporeal membrane oxygenation (ECMO) machine market.
These players jointly accounted for a share of 65% to 70% of the total ECMO machine market in 2015.Know more: https://www.marketsandmarkets.com/PressReleases/extracorporeal-membrane-oxygenation-systems.aspGetinge Group is the largest player in the global market.
The company offers its ECMO products under its Maquet brand.
The company also develops innovative products such as CARDIOHELP system which is a portable heart-lung support system in the market.
Moreover, in September 2015, the company partnered with iMDsoft GmbH (Germany) to offer clinical information systems to reduce the documentation process time of heart-lung machines, blood/gas monitors, and heater-cooler units.
Extracorporeal Membrane Oxygenation Machine Market Research Report: Information by Component (Pumps, Oxygenators, Cannula and others), Modality, Application and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Global Forecast till 2027Market HighlightsIt is estimated that the global extracorporeal membrane oxygenation machine market is expected to register a CAGR of 4.8 % during the forecast period of 2019 to 2025, with a market value of USD 267.60 million in 2018.Extracorporeal membrane oxygenation machine is also known as a life support machine.
The main function of extracorporeal membrane oxygenation machine is to provide enough oxygen to the body when heart and lung are not functioning properly.
However, the high cost of surgery and increasing side effect after the treatment is expected to curb the growth of the extracorporeal membrane oxygenation machine market.The global extracorporeal membrane oxygenation machine market is currently dominated by several market players.
The key players are involved in new product launches and strategic collaborations to strengthen its market position.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/8119SegmentationThe global extracorporeal membrane oxygenation machine market has been segmented based on component, modality, and application.The market, based on component, has been divided into pumps, oxygenators, controllers, cannula, and accessories.
The veno-arterial segment is expected to hold a major share in the market due to its widespread use in the treatment of cardiovascular collapse.
The respiratory segment is expected to hold the major share in the market due to its crucial role in supporting pulmonary function and is projected to witness lucrative growth over the forecast period whereas the extracorporeal cardiopulmonary resuscitation segment is expected to be the fastest-growing due to the rising incidence of cardiac illness worldwide.Key PlayersSome of the key players in the global extracorporeal membrane oxygenation machine market are Getinge Group, Medtronic, Livanova PLC, Abbott, Agilent Technologies, Siemens AG, Terumo Corporation, Fresenius Medical Care AG & Co. KGaA, Microport Scientific Corporation, Nipro Corporation, ALung Technologies, Inc., MAQUET Holding B.V. & Co. KG, Medos Medizintechnik AG, Terumo Cardiovascular Systems Corp, and Others.Regional AnalysisThe market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
Extracorporeal membrane oxygenation machine market has been registering increasing revenue as a result of several factors that include increasing use of ECMO machine for open heart surgeries or procedures that involve life threatening cardiovascular and respiratory diseases.
Increasing number of hospitals and other medical facilities have been reported to have ECMO machines.
They are designed to oxygenate blood outside the patient’s body and allows the heart and lungs to rest.
Some of the factors such as chances of bleeding, stroke, infection and kidney failure may hamper the growth of ECMO machine market.
However, in spite of risks, ECMO machines have been known to save lives and are an integral part of heart and lung bypass surgeries which will continue to add to ECMO machine market revenue by 2025.Segmentation:ECMO machine market divides the market on the basis of component, modality, application and region.ECMO machine consists of different components such as pumps, controllers, oxygenators, cannula and accessories.
Due to the expansive use of veno-arterial ECMO machines in case of cardiac collapse, veno-arterial modal segment of ECMO machine market is expected to hold a major market share while increasing cases of cardiac shock is expected to help in the fast growth of veno-venous modal segment in the coming years.ECMO machine market has several application segmentations which include respiratory, cardiac and extracorporeal cardiopulmonary resuscitation.
This unique report on World Extracorporeal Membrane Oxygenation (ECMO) Systems Market till 2025 presents quality data on the global market revenue, sales, growth rate and leading market players.
The supply chain analysis completes the Extracorporeal Membrane Oxygenation (ECMO) Systems market understanding for a new entrant as well as existing players.
The import and export data along with consumption statistics from major countries is sure to enrich the strategists understanding of the market.Extracorporeal Membrane Oxygenation (ECMO) Systems market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Final Report will cover the impact of COVID-19 on this industry.Access Full Report with Table of Contents @ https://www.decisiondatabases.com/ip/29409-extracorporeal-membrane-oxygenation-ecmo-systems-market-analysis-reportThe Players mentioned in our reportMaquet HoldingMedtronicTerumo Cardiovascular SystemsMedos MedizintechnikNipro MedicalSorin GroupMicroport ScientificGlobal Extracorporeal Membrane Oxygenation (ECMO) Systems Market: Product Segment AnalysisVeno-ArterialVeno-VenousArterio-Venous (AV)Global Extracorporeal Membrane Oxygenation (ECMO) Systems Market: Application Segment AnalysisNeonatesPediatricAdultGlobal Extracorporeal Membrane Oxygenation (ECMO) Systems Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Extracorporeal Membrane Oxygenation (ECMO) Systems Market @ https://www.decisiondatabases.com/contact/download-sample-29409There are 10 Chapters to Deeply Display the World Extracorporeal Membrane Oxygenation (ECMO) Systems Market.Chapter 1 About the Extracorporeal Membrane Oxygenation (ECMO) Systems IndustryChapter 2 World Market Competition LandscapeChapter 3 World Extracorporeal Membrane Oxygenation (ECMO) Systems Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Extracorporeal Membrane Oxygenation (ECMO) Systems Market Forecast through 2025Chapter 10 Key success factors and Market OverviewPurchase full World Extracorporeal Membrane Oxygenation (ECMO) Systems Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29409Other Reports by DecisionDatabases.com:World Membrane Oxygenator Market Research Report 2025(covering USA, EU, China, South East Asia, Japan and etc)World Membrane Bioreactor Systems Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)About Us:DecisionDatabases.com is a global business research report provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research Reports, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For More Details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com
This unique report on World Extracorporeal Membrane Oxygenation (ECMO) Systems Market till 2025 presents quality data on the global market revenue, sales, growth rate and leading market players.
The supply chain analysis completes the Extracorporeal Membrane Oxygenation (ECMO) Systems market understanding for a new entrant as well as existing players.
The import and export data along with consumption statistics from major countries is sure to enrich the strategists understanding of the market.Extracorporeal Membrane Oxygenation (ECMO) Systems market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/29409-extracorporeal-membrane-oxygenation-ecmo-systems-market-analysis-reportThe Players mentioned in our reportMaquet HoldingMedtronicTerumo Cardiovascular SystemsMedos MedizintechnikNipro MedicalSorin GroupMicroport ScientificGlobal Extracorporeal Membrane Oxygenation (ECMO) Systems Market: Product Segment AnalysisVeno-ArterialVeno-VenousArterio-Venous (AV)Global Extracorporeal Membrane Oxygenation (ECMO) Systems Market: Application Segment AnalysisNeonatesPediatricAdultGlobal Extracorporeal Membrane Oxygenation (ECMO) Systems Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Extracorporeal Membrane Oxygenation (ECMO) Systems Market @ https://www.decisiondatabases.com/contact/download-sample-29409 There are 10 Chapters to Deeply Display the World Extracorporeal Membrane Oxygenation (ECMO) Systems Market.Chapter 1 About the Extracorporeal Membrane Oxygenation (ECMO) Systems IndustryChapter 2 World Market Competition LandscapeChapter 3 World Extracorporeal Membrane Oxygenation (ECMO) Systems Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Extracorporeal Membrane Oxygenation (ECMO) Systems Market Forecast through 2025Chapter 10 Key success factors and Market OverviewPurchase the complete World Extracorporeal Membrane Oxygenation (ECMO) Systems Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29409 Other Reports by DecisionDatabases.com:World ECG Monitoring Systems Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)World Residential Ventilation Systems Market Research Report 2025 (Covering USA, Europe, China, Japan, India and etc)About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
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