ECMO is extracorporeal membrane oxygenation. The ECMO device is analogous to the lung-heart by-pass 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 cardiac-pulmonary 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 ECMO Devices market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025. As the report focuses on global ECMO Devices market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
following companies are covered:
Microport Scientific
Sorin
Terumo Cardiovascular
Medtronic
Nipro Medical
Medos
Maquet Holding
...
Market Segment by Product Type
VV ECMO
VA ECMO
AV ECMO
Market Segment by Application
Hospitals
Diagnostic Centre
Clinics
Ambulatory Surgical Centre
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the ECMO Devices market for the forecast period 2020 - 2025?
• What are the driving forces in the ECMO Devices market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the ECMO Devices industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?