Extracorporeal Membrane Oxygenation Machine Market to Grow at 4.88% CAGR through 2029
Increased prevalence of lifestyle diseases and availability of skilled professionals to operate ECMO machines is expected to drive the Global Extracorporeal Membrane Oxygenation Machine Market growth in the forecast period, 2025-2029.
According to
TechSci Research report, “Extracorporeal Membrane Oxygenation Machine Market
– Global Industry Size, Share, Trends, Competition, Forecast &
Opportunities, 2029F”, the Global Extracorporeal Membrane Oxygenation
Machine Market stood at USD
394.21 Million in 2023 and is anticipated to project steady growth in
the forecast period with a CAGR of 4.88%
through 2029. The global market for Extracorporeal Membrane Oxygenation (ECMO) machines is being propelled by several critical factors. A primary driver is the increasing prevalence of cardiovascular and respiratory diseases, which has significantly boosted the demand for ECMO machines. The market's growth is further accelerated by the availability of technologically advanced ECMO devices that enhance functionality, efficiency, and patient outcomes. Additionally, the proliferation of ECMO centers worldwide has expanded the market, as these specialized centers attract more patients by offering expert care. Collectively, these elements are pivotal in shaping the dynamics of the global ECMO machine market.
The global ECMO machine market is witnessing substantial growth, largely due to the rising incidence of cardiopulmonary diseases and respiratory failures. The increasing prevalence of these conditions has escalated the demand for ECMO devices. Market growth is driven by several factors, including advancements in ECMO technology, such as more efficient oxygenators and improved circuit designs, which have facilitated better patient care. Growing awareness among healthcare professionals about the benefits of ECMO, coupled with higher survival rates among ECMO-treated patients, has further fueled demand. The impressive outcomes of ECMO therapy have led healthcare providers to increasingly integrate this advanced technology into their treatment protocols.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Extracorporeal Membrane Oxygenation Machine Market”
The Global Extracorporeal
Membrane Oxygenation Machine Market is segmented into component type, modality,
patient type, application, regional distribution, and company.
Based on Patient Type, Adults
have emerged as the dominating segment in the Global Extracorporeal Membrane Oxygenation Machine Market in 2023. Adults represent a larger proportion of patients requiring Extracorporeal Membrane Oxygenation (ECMO) support compared to neonates and pediatric patients. This is due to the higher incidence of conditions such as acute respiratory distress syndrome (ARDS), cardiac failure, and severe respiratory failure in adults. These conditions often necessitate advanced life support measures like ECMO to ensure adequate oxygenation and circulation. Over the years, ECMO technology has seen significant advancements, particularly in the development of ECMO circuits and devices designed for adult patients. These improvements have enhanced safety, efficiency, and ease of use, making ECMO a viable treatment option for a broader range of adult patients with complex medical conditions. The increasing incidence of severe respiratory illnesses, such as pneumonia, influenza, and ARDS, among adults further drives the demand for ECMO support in this demographic. With the aging population and the rising prevalence of chronic diseases, the need for ECMO therapy in adults is anticipated to grow accordingly.
Based on Region, Asia Pacific have emerged as the fastest growing region in the Global Extracorporeal Membrane Oxygenation Machine Market in 2023. The Asia Pacific region is experiencing an increase in severe respiratory illnesses, such as pneumonia, influenza, and acute respiratory distress syndrome (ARDS), as well as cardiac conditions. This surge is driving demand for advanced life support technologies like ECMO. Additionally, countries in the region are making substantial investments in healthcare infrastructure, including hospitals and specialized care units, which supports the adoption of advanced medical technologies like ECMO. Growing awareness among healthcare professionals and patients about the benefits of ECMO in managing critical respiratory and cardiac conditions has also led to a higher adoption rate of ECMO machines in medical facilities.
Major companies
operating in Global Extracorporeal Membrane Oxygenation Machine Market
are:
- India Medtronic Private Limited
- Terumo Cardiovascular Systems Corporation
- MAQUET Holding B.V. & Co. KG
- Medos Medizintechnik AG
- Nipro Medical Corporation
- MicroPort Scientific Corporation
- XENIOS AG
- LivaNova PLC
- EUROSETS S.r.l.
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“The future of the Global Extracorporeal Membrane Oxygenation Machine Market is highly promising, driven by technological advancements that enhance the efficiency, performance, and safety of ECMO systems, leading to better patient outcomes. The increasing global incidence of cardiovascular and respiratory diseases is boosting the demand for advanced treatments like ECMO, which provides crucial support for patients with severe cardiac or pulmonary dysfunction. The expanding adoption of ECMO in intensive care units (ICUs) and the development of portable ECMO machines are further propelling market growth by increasing the flexibility and accessibility of ECMO therapy in various clinical settings, including ambulances and remote healthcare facilities”, said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“Extracorporeal Membrane Oxygenation Machine Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Component Type (Pumps, Oxygenator, Controllers, Cannula, Accessories), By Modality (Veno-Arterial, Veno-Venous, Arterio-Venous), By Patient Type (Neonates, Pediatric, Adult), By Application (Respiratory, Cardiac, ECPR), By Region and Competition, 2019-2029F”,
has evaluated the future growth potential of Global Extracorporeal Membrane
Oxygenation Machine Market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Extracorporeal
Membrane Oxygenation Machine Market.
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