Brooklyn, New York, USA, 2021-June-19 — /Meridian Market Consultants/ — The report is titled ‘Veno-Arterial ECMO System Market Size, Shares, Insights and Forecast Report – 2028’. An overview of conceptual frameworks, analytical approaches of the Veno-Arterial ECMO System market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The Veno-Arterial ECMO System market is expected to grow at a significant rate in the near future.
The global Veno-Arterial ECMO System market was valued US$ 34.1 Bn at the end of 2020 and expected to reach at a value of US$ 53.1 Bn by 2028 with a significant CAGR of 5.7%.
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Veno-Arterial ECMO System Market Dynamics
The growing prevalence of cardiovascular disorders is the first and foremost factor driving the growth of the veno-arterial ECMO systems market.
Moreover increasing aging demographics would fuel the growth of veno-arterial ECMO systems market. According to WHO, The absolute number of people aged 60 years and over is expected to increase from 605 million to 2 billion by 2050. According to the Extracorporeal Life Support Organization (ESLO) registry, ECMO was used in over 5,000 cases in 2014, this immense increase of patients treated with VA ECMO is expected to fuel the growth of veno-arterial ECMO systems market.
The veno-arterial ECMO systems market is expected to increase at a steady CAGR over the forecast period owing to the growing aging population and incidence of cardiovascular disorders.
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Veno-Arterial ECMO System Market Segmentation
The veno-arterial ECMO systems market is segmented on the basis of procedure type, end user and region. On the basis of procedure type, veno-arterial ECMO systems market is segmented as central veno-arterial ECMO systems and peripheral veno-arterial ECMO systems. On the basis of end user, veno-arterial ECMO systems market is segmented into hospitals and ambulatory surgical centers.
By Procedure Type
Central Veno-Arterial ECMO Systems
Peripheral Veno-Arterial ECMO Systems
By End User
Ambulatory Surgical Centers
Veno-Arterial ECMO System Market Key Players
Some of the key participating players in veno-arterial ECMO systems market are Medtronic, Maquet Holding, Sorin Group, Terumo, Xenios AG and others.
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