ECMO Devices Market Insights, Forecast to 2025
ECMO is extracorporeal membrane oxygenation. The ECMO Devices is analogous to the lungheart bypass system in open heart surgery or lung surgeries. ECMO device is a modified cardiopulmonary bypass circuit for temporary life support for the patients with cardiac or respiratory failure. The ECMO device offers gas exchange mechanism bypassing the heart and lungs. The ECMO device pumps the blood outside the body and oxygenates the blood, letting the lungs and heart to be at rest. When a patient is connected to an ECMO device, the blood flows across the artificial lung in the ECMO device, this oxygenates the blood and pumps out carbon dioxide. The blood is then brought to the body temperature by warming a bit and is then pumped back into the body. The ECMO devices is used if the patient is recovering from a cardiac arrest or a lung failure or during a heart surgery. ECMO device is used as a support through the high risk processes in cardiac catheterization labs. It can also be used as a bridge for patients anticipating a lung transplant. The ECMO device helps the tissues to be well oxygenated, this keeps the patient in a better condition for the transplant.
The Global market of ECMO Devices is driven by the rise in the number of patients going through the respiratory failures and cardiacpulmonary ailments. Increasing incidences of Chronic obstructive pulmonary disorders COPD are also attributing to the increase in the ECMO device market. However, complications associated during the treatment along with the ECMO, comfortable use of the conventional techniques like life support etc. and high costs of ECMO devices are some of the restraints for the ECMO devices market.
The global ECMO Devices market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. The objectives of this study are to define, segment, and project the size of the ECMO Devices market based on company, product type, end user and key regions.
This report studies the global market size of ECMO Devices in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of ECMO Devices in these regions.
This research report categorizes the global ECMO Devices market by top players/brands, region, type and end user. This report also studies the global ECMO Devices market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
· Microport Scientific
· Terumo Cardiovascular
· Nipro Medical
· Maquet Holding
Market size by Product
· VV ECMO
· VA ECMO
· AV ECMO
Market size by End User
· Diagnostic Centre
· Ambulatory Surgical Centre
Market size by Region
· North America
· United States
· South Korea
· Central & South America
· Rest of Central & South America
· Middle East & Africa
· GCC Countries
· South Africa
The study objectives of this report are:
· To study and analyze the global ECMO Devices market size value & volume by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
· To understand the structure of ECMO Devices market by identifying its various subsegments.
· To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industryspecific challenges and risks.
· Focuses on the key global ECMO Devices companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
· To project the value and sales volume of ECMO Devices submarkets, with respect to key regions.
· To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of ECMO Devices are as follows:
· History Year: 20142018
· Base Year: 2018
· Estimated Year: 2019
· Forecast Year 2019 to 2025
This report includes the estimation of market size for value million US$ and volume K Units. Both topdown and bottomup approaches have been used to estimate and validate the market size of ECMO Devices market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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