Pune, India -- (SBWIRE) -- 03/27/2018 -- Extracorporeal Membrane Oxygenation Machine Market accounted to USD 250.5 million in 2016 growing at a CAGR of 5.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Extracorporeal Membrane Oxygenation Machine Market

Extracorporeal membrane oxygenation (ECMO), also called as extracorporeal life support (ECLS), is an extracorporeal method of supplying extended cardiac and respiratory support to persons whose heart and lungs are working in an inadequate manner to supply less amount of gas exchange or perfusion for healthy life. The technology for ECMO is mainly derived from cardiopulmonary bypass, which offers shorter-term support.

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Major market drivers and restraints: Global Extracorporeal Membrane Oxygenation Machine Market

- Technical Advancements in ECMO Machine
- Difficulties Associated With ECMO
- Higher Cost of ECMO Procedures
- Growing Survival Rates With ECMO
- Absence of Skilled Professionals

Market Segmentation: Global Extracorporeal Membrane Oxygenation Machine Market

- By modality the extracorporeal membrane oxygenation machine market is segmented into venovenous ECMO, venoarterial ECMO, and arteriovenous ECMO.

- By product the extracorporeal membrane oxygenation machine market is segmented into cardiac applications, respiratory applications, and extracorporeal cardiopulmonary resuscitation.
- On the basis of end-users the extracorporeal membrane oxygenation machine market is segmented into hospitals, home care settings, ambulatory centers, and others.

- On the basis of geography, global extracorporeal membrane oxygenation machine market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis: Global Extracorporeal Membrane Oxygenation Machine Market

The global extracorporeal membrane oxygenation machine market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of extracorporeal membrane oxygenation machine market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors: Global Extracorporeal Membrane Oxygenation Machine Market

Some of the major players operating in global extracorporeal membrane oxygenation machine market are Getinge Group, Medtronic, Livanova PLC, Terumo Corporation, Fresenius Medical Care AG & Co. KGaA, Microport Scientific Corporation, Nipro Corporation, ALung Technologies, Inc., OriGen Biomedical, EUROSETS, Sorin Group, MAQUET Holding B. V. & Co. KG, Siemens AG, Abbott, Danaher, and Quest Diagnostics Incorporated, Agilent Technologies among others.

Research Methodology: Global Extracorporeal Membrane Oxygenation Machine Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or drop down your inquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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