Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market is valued approximately USD 281.1 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.30% over the forecast period 2022-2029. Extracorporeal membrane oxygenation is used to provide external circulatory support and oxygenate blood outside of the body. Extracorporeal membrane oxygenation machines, which function in the VA (veno-arterial) and VV modes, provide blood oxygenation (veno-venous). Patients undergoing open-heart surgery, respiratory failure, acute respiratory distress syndrome (ARDS), pulmonary embolism, COVID-19, cardiogenic shock, and other respiratory and cardiac problems are candidates for the operation.. The Extracorporeal Membrane Oxygenation (ECMO) Machine market is expanding because of factors such as surging burden of cardiovascular and respiratory diseases and growing adoption of ECMO in lung transplantation procedures. However, high cost of extracorporeal membrane oxygenation (ECMO) Machine may halt market growth.
The International Heart Federation estimates that 18.6 million people worldwide lose their lives to cardiovascular illnesses every year. Another significant aspect boosting demand for these devices is the rising incidence of respiratory disorders such Acute Respiratory Distress Syndrome (ARDS), Chronic Obstructive Pulmonary Diseases, COVID-19, and Respiratory Failure. A European Respiratory Society publication, for instance, estimates that 4,600 lung transplant operations are carried out worldwide each year. Also, the American Lung Association said that each year in the U.S., roughly 190,000 Individuals receive an ARDS diagnosis. The market for extracorporeal membrane oxygenation machines is expanding as a result of the rising incidence of cardiovascular and respiratory disorders. Along with these, rising technological advancements leading to increased product adoption is creating a lucrative growth to the market.
The key regions considered for the Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to high government support for healthcare, high purchasing power, and increasing prevalence of diseases such as chronic obstructive pulmonary disease in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising healthcare expenditure, rising prevelance of chronic diseases and rising government support to the medical industry.
Major market players included in this report are:
- Medtronic plc
- Sorin Group
- Terumo Cardiovascular Systems Corporation
- MAQUET Holding B.V. & Co. KG
- Medos Medizintechnik AG
- Nipro Medical Corporation
- Microport Scientific Corporation
- LivaNova PLC
- CytoSorbents Corporation
- EUROSETS S.R.L
Recent Developments in the Market:
- In October 2021, MicroPort Scientific Company acquired Hemovent GmbH, a German Extracorporeal Life Support (ECLS) business, and made investments to expand its German operations.
- In July 2021, The Xenios Console, and patient kits for ECMO therapy have been approved by the National Medical Products Administration (NMPA) in China for Xenios AG (Germany).
Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Component, Modality, Patient Type, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Component:
- Pumps
- Oxygenator
- Controllers
- Cannula
- Accessories
By Modality:
- Veno-Arterial
- Veno-Venous
- Arterio-Venous
By Patient Type:
By Application:
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Component, 2019-2029 (USD Million)
- 1.2.3. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Modality, 2019-2029 (USD Million)
- 1.2.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Patient type, 2019-2029 (USD Million)
- 1.2.5. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Application, 2019-2029 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Dynamics
- 3.1. Extracorporeal Membrane Oxygenation (ECMO) Machine Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Surging Burden of Cardiovascular and Respiratory Diseases
- 3.1.1.2. Growing adoption of ECMO in Lung Transplantation Procedures
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Extracorporeal Membrane Oxygenation (ECMO) Machine
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising Technological Advancements Leading to Increased Product Adoption
Chapter 4. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market by Component, Performance - Potential Analysis
- 6.3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Estimates & Forecasts by Component 2019-2029 (USD Million)
- 6.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Sub Segment Analysis
- 6.4.1. Pumps
- 6.4.2. Oxygenator
- 6.4.3. Controllers
- 6.4.4. Cannula
- 6.4.5. Accessories
Chapter 7. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Modality
- 7.1. Market Snapshot
- 7.2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market by Modality, Performance - Potential Analysis
- 7.3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Estimates & Forecasts by Modality 2019-2029 (USD Million)
- 7.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Sub Segment Analysis
- 7.4.1. Veno-Arterial
- 7.4.2. Veno-Venous
- 7.4.3. Arterio-Venous
Chapter 8. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Patient type
- 8.1. Market Snapshot
- 8.2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market by Patient type, Performance - Potential Analysis
- 8.3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Estimates & Forecasts by Patient type 2019-2029 (USD Million)
- 8.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Sub Segment Analysis
- 8.4.1. Neonates
- 8.4.2. Pediatric
- 8.4.3. Adult
Chapter 9. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, by Application
- 9.1. Market Snapshot
- 9.2. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market by Application, Performance - Potential Analysis
- 9.3. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market Estimates & Forecasts by Application 2019-2029 (USD Million)
- 9.4. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Sub Segment Analysis
- 9.4.1. Respiratory
- 9.4.2. Cardiac
- 9.4.3. ECPR
Chapter 10. Global Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Regional Analysis
- 10.1. Extracorporeal Membrane Oxygenation (ECMO) Machine Market, Regional Market Snapshot
- 10.2. North America Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.2.1. U.S. Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.2.1.1. Component breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Modality breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Patient type breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. Application breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.3. Europe Extracorporeal Membrane Oxygenation (ECMO) Machine Market Snapshot
- 10.3.1. U.K. Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.3.2. Germany Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.3.3. France Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.3.4. Spain Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.3.5. Italy Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.3.6. Rest of Europe Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.4. Asia-Pacific Extracorporeal Membrane Oxygenation (ECMO) Machine Market Snapshot
- 10.4.1. China Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.4.2. India Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.4.3. Japan Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.4.4. Australia Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.4.5. South Korea Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.4.6. Rest of Asia Pacific Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.5. Latin America Extracorporeal Membrane Oxygenation (ECMO) Machine Market Snapshot
- 10.5.1. Brazil Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.5.2. Mexico Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.5.3. Rest of Latin America Extracorporeal Membrane Oxygenation (ECMO) Machine Market
- 10.6. Rest of The World Extracorporeal Membrane Oxygenation (ECMO) Machine Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Medtronic plc
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Sorin Group
- 11.2.3. Terumo Cardiovascular Systems Corporation
- 11.2.4. MAQUET Holding B.V. & Co. KG
- 11.2.5. Medos Medizintechnik AG
- 11.2.6. Nipro Medical Corporation
- 11.2.7. Microport Scientific Corporation
- 11.2.8. LivaNova PLC
- 11.2.9. CytoSorbents Corporation
- 11.2.10. EUROSETS S.R.L
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption