The new report by Expert Market Research titled, 'Global Extracorporeal Membrane Oxygenation Market Report and Forecast 2021-2026', gives an in-depth analysis of the global extracorporeal membrane oxygenation market, assessing the market based on its segments like component, modality, patient type, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/extracorporeal-membrane-oxygenation-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 210 Million
- Forecast CAGR (2021-2026): 8%
- Forecast Market Size (2026): USD 278 Million
The global spread of the COVID-19 has resulted in a huge increase in the demand for ECMO machines. Patients with severe COVID-19 infection require these machines because their compromised immunity and long-term symptoms put them vulnerable to organ failure. This is estimated to positively impact the market growth in the forecast period. Growing cardiovascular and respiratory disorders, expanding usage of ECMO as a bridge to lung transplantation, increasing number of ECMO centres, conferences, and training programmes to enhance awareness, and technological improvements are all contributing to the market's growth. As a result of rising respiratory disorders, particularly among the elderly, and rising levels of air pollution around the world, the respiratory segment is expected to grow significantly. During the projected period, these factors are expected to contribute to overall market growth.
Industry Definition and Major Segments
Extracorporeal membrane oxygenation (ECMO), also known as extracorporeal life support (ECLS), is an extracorporeal procedure for giving long-term cardiac and respiratory support to people whose hearts and lungs are unable to generate enough gas exchange or perfusion to keep them alive. Cardiopulmonary bypass, which provides shorter-term assistance with stalled native circulation, is a major source of ECMO technology.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/extracorporeal-membrane-oxygenation-market
By component, the market is divided into:
On the basis of modality, the market can be segmented into:
- Arterio- Venous
Based on patient type, the industry can be categorised into:
On the basis of application, the market can be distributed into:
- Extracorporeal Cardiopulmonary Resuscitation (ECPR)
On the basis of?region, the industry is divided into:
- North America
- Asia Pacific
- Latin America
- Middle East?and?Africa
The growing geriatric population, and the number of persons suffering from chronic diseases in developing nations, are predicted to provide considerable growth possibilities for ECMO systems. The increasing healthcare expenditure by government and private agencies in order to improve healthcare facilities is adding growth to the market. The market is also benefitting from the rising survival rate of ECMO machine-assisted surgery for cardiac and respiratory patients. The use of ECMO machines has grown in popularity throughout the years. When the heart and lungs are unable to carry out the process of blood oxygenation, an ECMO equipment supplies oxygen and eliminates carbon dioxide. Adults, infants, and children with respiratory and/or cardiac failure owing to birth abnormalities, trauma, or severe infection are treated with ECMO. The favourable reimbursement scenario, rising incidence of lung cancer, and the presence of a large number of ECMO centres are expected to boost the market for ECMO systems.
Key Market Players
The major players in the market?are Medtronic PLC, LivaNova PLC, Terumo Corporation, MicroPort Scientific Corporation, and Getinge AB, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:- Global Venipuncture Procedure Analysis Market: https://www.expertmarketresearch.com/reports/venipuncture-procedure-analysis-market
Global Cough Syrup Market: https://www.expertmarketresearch.com/reports/cough-syrup-market
Global Urinalysis Market: https://www.expertmarketresearch.com/reports/urinalysis-market
Global Neutropenia Treatment Market: https://www.expertmarketresearch.com/reports/neutropenia-treatment-market
Global Patient Monitoring Market: https://www.expertmarketresearch.com/reports/patient-monitoring-market
Global Medical Foods Market: https://www.expertmarketresearch.com/reports/medical-foods-market
Global Dengue Testing Market: https://www.expertmarketresearch.com/reports/global-dengue-testing-market
Global Therapeutic Beds Market: https://www.expertmarketresearch.com/reports/therapeutic-beds-market
Global Clinical Nutrition Market: https://www.expertmarketresearch.com/reports/clinical-nutrition-market
Global Disposable Syringes Market: https://www.expertmarketresearch.com/reports/disposable-syringes-market
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Explore more on Procurement Intelligence services of EMR Inc.
Tags: Extracorporeal Membrane Oxygenation Market Share, Extracorporeal Membrane Oxygenation Market, Extracorporeal Membrane Oxygenation Market Analysis, Extracorporeal Membrane Oxygenation Market trends, Extracorporeal Membrane Oxygenation Market Size, Extracorporeal Membrane Oxygenation Market Demand
See Campaign: https://www.expertmarketresearch.com/reports/extracorporeal-membrane-oxygenation-marketContact Information:
Company Name: EMR Inc.
Contact Person: Matt Johnson, Corporate Sales Specialist - U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States
Website: https://www.expertmarketresearch.comTags:Menafn, PR-Wirein, Reportedtimes, Extended Distribution, Research Newswire, English