Extracorporeal Membrane Oxygenation Machine Market Size And Forecast
The Global Extracorporeal Membrane Oxygenation Machine Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Extracorporeal Membrane Oxygenation Machine Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Extracorporeal Membrane Oxygenation Machine Market was valued at USD 274.87 Million in 2019 and is projected to reach USD 387.76 Million by 2027, growing at a CAGR of 4.4% from 2020 to 2027.

What is Extracorporeal Membrane Oxygenation Machine?
Extracorporeal membrane oxygenation machine is simply a life support machine. ECMO is used when patient have a severe and life-threatening illness. Which stops their heart or lungs from working properly such as severe lung damage from infection, or shock after a massive heart attack. The ECMO pumps blood from the patient’s body to an artificial lung that adds oxygen to it and removes carbon dioxide. ECMO replaces the function of the person’s own lungs. ECMO machine provides support for a person while the healthcare team working on treatment.

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Global Extracorporeal Membrane Oxygenation Machine Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The adoption of extracorporeal membrane oxygenation machines as a bridge to lung transplantation is increasing. An increase in the number of cardiovascular and respiratory diseases led to the growing number of ECMO centers, conferences & training programs to increase awareness. Also, an increase in the geriatric population creates a potential for the extracorporeal membrane oxygenation machine market. Increasing technological advancements and government funding in research activities and the healthcare sector has helped in market growth. However requirement high cost, medical complications, technical failures in ECMO machines are some factors might hamper the market during the forecasted period.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Extracorporeal Membrane Oxygenation Machine Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Extracorporeal Membrane Oxygenation Machine Market Competitive Landscape
The “Global Extracorporeal Membrane Oxygenation Machine Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Sorin Group, Medtronic plc, MAQUET Holding B.V. & Co. KG, Getinge Group, Terumo Cardiovascular Systems Corporation, LivaNova PLC, OriGen Biomedical, Inc., Medos Medizintechnik AG, Nipro Medical Corporation, and Microport Scientific Corporation. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Extracorporeal Membrane Oxygenation Machine Market, By Component
• Oxygenators
• Pumps
• Cannula
• Controllers
• Accessories

Extracorporeal Membrane Oxygenation Machine Market, By Modality
• Veno-Venous
• Veno-Arterial
• Arterio-Venous

Extracorporeal Membrane Oxygenation Machine Market, By Patient Type
• Adult
• Neonates
• Pediatric

Extracorporeal Membrane Oxygenation Machine Market, By Application
• Cardiac
o Adult
o Neonates
o Pediatric
• Respiratory
o Adult
o Neonates
o Pediatric
• ECPR
o Adult
o Neonates
o Pediatric

Extracorporeal Membrane Oxygenation Machine Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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