Extracorporeal Membrane Oxygenation System Market Professional Survey to 2026

Extracorporeal Membrane Oxygenation System
Market Size, Share, Trend, Outlook, Future
Growth Analysis And Synthesis By 2026
Extracorporeal membrane oxygenation system is a life supporting system providing cardiac and
respiratory support to the patients suffering from severe respiratory failure. ECMO circuit comprises
cannulas, pump, blender and oxygenator, which oxygenates the blood and remove carbon dioxide
through extracorporeal gas exchange device referred as membrane oxygenator. The location of drainage
and reinfusion port of cannulas determines the modality of the ECMO system. If drainage and reinfusion
both are from central veins it is referred as venovenous ECMO or if it is from vein to artery it is
referred to as venoarterial ECMO. Potential indications for which ECMO is used includes severe acute
respiratory distress syndrome (ARDS), acute hypercapnic respiratory failure, to bridge lung
transplantation, primary graft dysfunction post-lung transplantation, and pulmonary hypertension with
right ventricular failure.
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The global ECMO system market was valued at US$ 248.2 million in 2017, and is expected to witness a
CAGR of 5.3 % over the forecast period (2018 – 2026).
Prevalence of Cardiac and Respiratory Diseases are Boosting Growth of the Extracorporeal Membrane
Oxygenation System Market
Increasing cases of cardiovascular and respiratory disorders is one of the major factors that is boosting
growth of the ECMO system market. For instance, according to World Health Organization (WHO),
around 31% of total global deaths was due to cardiovascular disease in 2015, which accounted to nearly
17.7 million deaths. According to European Heart Network AISBL, about 3.9 million and over 1.8
million deaths occurs every year in Europe and European Union respectively, which accounted to nearly
45% of all deaths in European Union. Another factor expected for the growing success of ECMO system
market over the forecast period is the rising number of organ transplant surgeries across the globe. For
instance, according to Organ and Tissue Authority of Australian Government, the number of surgeries
performed for organ transplant in 2017 were around 1,469. Moreover, according to Australia and New
Zealand Organ Donation Registry around 1,400 Australians are waiting for organ transplant at any given
time.
Also, high prevalence of diseases will lead to increasing demand for extracorporeal membrane
oxygenation system in hospitals and surgical centers. For instance, according to annual
international registry by Extracorporeal Life Support Organization (ELSO), 65,171 patients
received ECMO system in 2015, which increased to 98,840 patients in 2018 out of which
40,256 were neonatal, 22,952 pediatrics, and 35,632 adults.
Report includes chapters which deeply display the following deliverable about industry :
• Extracorporeal Membrane Oxygenation System Market Research Objective and Assumption
• Extracorporeal Membrane Oxygenation System Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Extracorporeal Membrane Oxygenation System Market Dynamics, Regulations, and Trends
Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New
system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Extracorporeal Membrane Oxygenation System Market, By Regions
• Extracorporeal Membrane Oxygenation System Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Extracorporeal Membrane Oxygenation System Market Manufacturers Profiles/Analysis
including Company Basic Information, Manufacturing Base and Its Competitors.
• Extracorporeal Membrane Oxygenation System Market Manufacturing Cost Analysis including
Key Raw Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Extracorporeal Membrane Oxygenation System Market Forecast including Production,
Consumption, Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Industrial Collaboration by the Key Players is Fueling Extracorporeal Membrane Oxygenation System
Market
The global extracorporeal membrane oxygenation system market is operated by Medtronic Plc., Getinge
Group, LivaNova Plc., Terumo Corporation, Xenios AG, Microsoft Scientific Co., Origen Biomedical,
Eurosets S.R.L., Nipro Corporation and Alung technologies Inc. The industry players are adopting the
strategy of collaboration focusing on development of new products. For instance, in 2018, Medtronic Plc.
collaborated with the Sayler Biomedical LLC, for the development of their product Century heart Lung
machine. The collaboration has made the Medtronic’s product available for customers globally. Century
heart lung machine has features, such as compact and sturdy design, easy to use components and
affordable price. This is expected to strengthen customer base and widen the product portfolio of
Medtronic.
Detailed Segmentation:
Global Extracorporeal Membrane Oxygenation System Market, By Modality:
•
Arteriovenous
•
Venoarteial
•
Venovenous
Global Extracorporeal Membrane Oxygenation System Market, By Application:
•
Extracorporeal cardiopulmonary resuscitation
•
Cardiac
•
Respiratory
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The global ECMO system market was valued at US$ 248.2 million in 2017, and is expected to witness a CAGR of 5.3 % over 2018–2026.