Million Insights
Market Research Released A New Research Report On Global Extracorporeal
Membrane Oxygenation (ECMO) Market - Forecast Up To 2025. Report Provide
Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And
Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core
Competencies, And Drawing A Competitive Landscape For The Market.
USA: November 5, 2019-
Extracorporeal Membrane Oxygenation (ECMO)
Market size was valued at USD 246.5 million in 2016 and is expected to
grow at CAGR of 4.3% over the forecast period. The major factors boosting
growth are the rising incidences of Chronic Obstructive Pulmonary Disorder
(COPD), and surging prevalence of cardiopulmonary diseases and respiratory
failures.
According to data recorded by the American Lung Association
(ALA), in 2013, COPD was recorded to be the third largest cause of death across
the U.S. In addition, over 24.0 million individuals are estimated to remain
undiagnosed in the U.S. and 11.0 million diagnosed for COPD.
To Get Sample Report
visit @ https://www.millioninsights.com/industry-reports/extracorporeal-membrane-oxygenation-ecmo-market/request-sample
Also, the increasing adoption of unhealthy lifestyles, such
as rise in the total tobacco consumption level among both, females and males
and further development of lifestyle disorders are augmenting the incidence
rate of COPD. ECMO machines are gaining popularity in the hospital and
healthcare systems due to the rising trend of its application during cases of
respiratory disorders.
The ECMO machines are used in cases of cardiac failure to
facilitate auxiliary oxygen support system. These machines are frequently used
in patients suffering from respiratory conditions and also in neonates and
pediatric patients. The estimated growth of these machines can be attributed to
the critical nature of the target population consisting of neonates and
pediatric patients.
As per applications, the market is segmented into
Extracorporeal Cardiopulmonary Resuscitation (ECPR), respiratory and cardiac.
The segments are further segmented on the basis of who is using the set up into
adult application, neonate and pediatric. The segment dominating the market in
2015 with about 40.0% of the industry share is respiratory based ECMO.
The increasing demand for the ECMO systems is majorly
attributed to rising number of patients with chronic respiratory conditions
like COPD, emphysema and chronic bronchitis combined with a trend of growing
awareness about health disorders. As per the U.S. National Center for Health
Statistics, more than 8.7 million individuals suffered from chronic bronchitis
and 3.4 million individuals suffered from emphysema in the year 2014.
Some key players operating in the ECMO market include MAQUET
Holding B. V. & Co. KG, Microport Scientific Corporation, Medos
Medizintechnik AG, Sorin Group, Medtronic, Plc., Terumo Cardiovascular Systems
Corporation, and Nipro Medical Corporation. The major strategic initiatives
adopted by the companies in this vertical are technological advancements in the
existing portfolio and new product development.
To Browse Complete
Report visit @ https://www.millioninsights.com/industry-reports/extracorporeal-membrane-oxygenation-ecmo-market
Market Segment:
Modality Outlook (Revenue, USD Million, 2013 - 2024)
• Veno-Arterial
• Veno-Venous
• Arterio-Venous
Application Outlook (Revenue, USD Million, 2013 - 2024)
• Respiratory
• Neonates
• Pediatric
• Adult
• Cardiac
• Neonates
• Pediatric
• Adult
Get in touch
At Million Insights, we work
with the aim to reach the highest levels of customer satisfaction. Our
representatives strive to understand diverse client requirements and cater to
the same with the most innovative and functional solutions.
Contact Person:
Ryan Manuel
Research Support Specialist,
USA
Email: ryan@millioninsights.com
Million Insights
Office No. 302, 3rd Floor,
Manikchand Galleria,
Model Colony, Shivaji Nagar,
Pune, MH, 411016 India
tel: 91-20-65300184
Email: sales@millioninsights.com
Visit Our Blog: www.millioninsights.blogspot.com
No comments:
Post a Comment