Extracorporeal Membrane Oxygenation Machine Market size was valued at USD 569.7 Mn. in 2022 and the total Extracorporeal Membrane Oxygenation Machine revenue is expected to grow by 5.5 % from 2023 to 2029, reaching nearly USD 828.7 Mn.
Extracorporeal Membrane Oxygenation Machine Market Overview:
This Extracorporeal Membrane Oxygenation Machine market study looks at current and emerging industry trends and dynamics in the global Extracorporeal Membrane Oxygenation Machine market. Extracorporeal Membrane Oxygenation Machine Extensive market forecasting for the major market segments is carried out between 2022 and 2029. Extensive Extracorporeal Membrane Oxygenation Machine market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide Extracorporeal Membrane Oxygenation Machine market, key players are profiled and their strategies are thoroughly evaluated.
Market Scope:
The analysis contains a current examination of the present Extracorporeal Membrane Oxygenation Machine market landscape, as well as the most recent trends and drivers, as well as an overview of the entire Extracorporeal Membrane Oxygenation Machine market environment. Increased demand for Extracorporeal Membrane Oxygenation Machine is driving the market. The Extracorporeal Membrane Oxygenation Machine market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape.
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Segmentation:
According to Components, the oxygenators segment had 40.2% of the market revenue for Extracorporeal Membrane Oxygenation Machines in 2022 and is anticipated to grow profitably throughout the course of the forecast period. The substantial market size of oxygenators can be attributed to their high cost and quick exchange rate compared to other systems. The main causes of the oxygenator exchange rate include acute oxygenator thrombosis, pump head thrombosis, and mechanical failure.
Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market's major influencing factors, as well as complete company profiles of
1. Getinge
2. Medtronic plc
3. Livanova PLC
4. Abbott
5. Abiomed
6. Cytosorbents Corporation
7. Agilent Technologies
8. Siemens AG
9. Terumo Corporation
10.Fresenius Medical Care AG & Co. KGaA
11.Microport Scientific Corporation
12.Nipro Corporation
13.ALung Technologies Inc.
14.MAQUET Holding B.V. & Co. KG
15.Medos Medizintechnik AG
16.Terumo Cardiovascular Systems Corp
17.XENIOS AG
18.OriGen Biomedical, Inc.
19.EUROSETS S.r.l.
Regional Analysis:
Individual market influencing variables and changes in market laws that impact present and future market trends are also included in the regional segment of the Extracorporeal Membrane Oxygenation Machine market study. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are just a few of the indicators utilized to anticipate market scenarios for various industries. When examining projection data for the region, the existence and availability of global players, as well as the obstacles they face as a result of substantial or low to none competition from local and domestic brands, are all taken into account.
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COVID-19 Impact Analysis on Extracorporeal Membrane Oxygenation Machine Market:
The COVID-19 epidemic has had a significant impact on the global Extracorporeal Membrane Oxygenation Machine industry. Extracorporeal Membrane Oxygenation Machine Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Extracorporeal Membrane Oxygenation Machine market to decelerate in 2020. The negative impact of COVID-19 on the Extracorporeal Membrane Oxygenation Machine market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2022, owing to increased demand for Extracorporeal Membrane Oxygenation Machine.
Key Questions Answered in the Extracorporeal Membrane Oxygenation Machine Market Report are:
- Which segment was responsible for the largest share in the Extracorporeal Membrane Oxygenation Machine market?
- How was the competitive scenario of the Extracorporeal Membrane Oxygenation Machine market in 2022?
- Which are the key factors responsible for the Extracorporeal Membrane Oxygenation Machine market growth?
- Which region held the maximum share in the Extracorporeal Membrane Oxygenation Machine market in 2022?
