Albany, NY -- (SBWIRE) -- 05/07/2019 -- The extracorporeal membrane oxygenation systems market is a progressive one. Extracorporeal membrane oxygenation systems find essential use for therapeutics of some cardiovascular and respiratory diseases. Lately, extracorporeal membrane oxygenation systems are finding adoption as bridge in lung transplant procedures. Such high value use is likely to push the extracorporeal membrane oxygenation systems market to display close to 4.5% CAGR from 2016 to 2021.
A research study provides a thorough overview of the Global Extracorporeal Membrane Oxygenation (ECMO) Systems Market, focusing on the vital growth prospects and promising opportunities. The report offers an in-depth analysis, presenting information related to the latest trends, key drivers, technological advancements, recent developments, and several challenges in the Global Extracorporeal Membrane Oxygenation (ECMO) Systems Market. In addition, the barriers and limitations faced by the prominent players operating in the Global Extracorporeal Membrane Oxygenation (ECMO) Systems Market have been included in the scope of the research report in order to guide the readers in making appropriate and effective business decisions.
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This report studies the global market size of Extracorporeal Membrane Oxygenation (ECMO) Systems in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Extracorporeal Membrane Oxygenation (ECMO) Systems in these regions.
This research report categorizes the global Extracorporeal Membrane Oxygenation (ECMO) Systems market by top players/brands, region, type and end user. This report also studies the global Extracorporeal Membrane Oxygenation (ECMO) Systems market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
Extracorporeal Membrane Oxygenation (ECMO) Systems is a new treatment method aimed at heart and lung failure disease. ECMO transport is an effective method of transferring patients with severe ARDS. It has multiple causes, and the diagnosis should be investigated and treatment commenced during ECMO. Since ECMO is a complicated and high-risk therapy, adequate training in its performance and creation of a referring hospital network are essential.
In 2016, the global extracorporeal membrane oxygenation (ECMO) system market is dominated by North America (39.17%) and Europe (38.12%). The market in USA is growing due to improved patient safety and awareness among the doctors and patients for low flow aesthetic agents. The Asian market is growing due to increasing adoption rate of ECMO machine in hospitals, success rate of ECMO & government initiatives, and growing awareness towards ECMO.
This market is segmented and forecast on the basis of modality, application and geography. The modality comprises of Veno Artrial (VA), Veno Venous (VV), in 2016 the Veno Venous (VV) contributed to 64.47% of global market of ECMO system industry.
The global Extracorporeal Membrane Oxygenation (ECMO) Systems market is valued at 330 million US$ in 2017 and will reach 460 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2018-2025. The objectives of this study are to define, segment, and project the size of the Extracorporeal Membrane Oxygenation (ECMO) Systems market based on company, product type, end user and key regions.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by Product
VA (Veno-Arterial) ECMO
VV (Veno-Venous) ECMO
Market size by End User
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Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Extracorporeal Membrane Oxygenation (ECMO) Systems market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.
To understand the structure of Extracorporeal Membrane Oxygenation (ECMO) Systems market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Extracorporeal Membrane Oxygenation (ECMO) Systems companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Extracorporeal Membrane Oxygenation (ECMO) Systems submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Extracorporeal Membrane Oxygenation (ECMO) Systems are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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This report includes the estimation of market size for value (million US$) and volume (Unit). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Extracorporeal Membrane Oxygenation (ECMO) Systems market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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