Extracorporeal Membrane Oxygenation Market

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Extracorporeal Membrane Oxygenation Market
Research Report Analysis and Forecasts to 2032
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Market Scenario of Extracorporeal Membrane
Oxygenation Market

• Extracorporeal Membrane Oxygenation Market report
  gives attention to market segmentation, market
  size, and forecast of 2023-2032 to help
  stakeholders in making a good decision for the
  future investments. Urinary Catheters industry
  report segmented into types, application, and
  regions with providing production, revenue,
  import/export.
• The global extracorporeal membrane oxygenation
  (ECMO) market is speculated to grow significantly
  through 2032 owing to increasing government
  initiatives as well as programs in Europe.
• The prevalence of respiratory and cardiovascular
  illnesses has increased dramatically throughout
  the European region in recent years, and this
  trend is expected to continue over the forecast
  time.
• An increase in CVD cases has led to introduction
  of government measures and implementation of
  different programs in the area to raise public
  awareness. Government funding for infrastructure
  development in emerging nations would help make
  expensive machines more accessible, which will
  boost industry revenue growth.

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Rights Reserved
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• For instance, in January 2021, Braile Biomedica,
  in collaboration with the Eldorado Institute and
  Embrapii, introduced the SOLIS System, a
  nationwide product against COVID-19.
  Extracorporeal membrane oxygenation (ECMO), a
  type of extracorporeal breathing, makes up the
  system. The corporation has benefited from such
  product introductions in securing its market
  position.
• The ECMO market has been divided in terms of
  approach, type, patient population, and region.
• Based on approach, the veno-venous (VV) segment
  held more than 180 million in 2022. The
  veno-venous ECMO device increases blood flow and
  oxygen levels while reducing cardiac effort and
  supporting hemodynamics. There will likely be a
  rise in demand for veno-venous ECMO through the
  forecast years due to the growing burden of
  cardiopulmonary diseases.

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Rights Reserved
www.gminsights.com
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360 Industry Analysis

• With respect to type, the respiratory segment is
  poised to grow at more than 3 CAGR from 2023 to
  2032. A significant factor in the segment's
  growth is the risk of respiratory failure among
  individuals with different respiratory illnesses.
  Besides, the expanding geriatric population that
  is vulnerable to respiratory ailments, would
  further complement the growing market landscape.
• In terms of the patient population, the adult
  segment is projected to foresee positive market
  expansion through the forecast years. The need
  for ECMO treatments will be driven by the growing
  elderly population base and the rise in the
  number of people with infectious and chronic
  diseases. Moreover, advancements in ECMO
  technology for treating adults is likely to
  contribute to the industry expansion.
• From the regional front, the Latin America
  extracorporeal membrane oxygenation (ECMO) market
  is estimated to grow at more than 4 CAGR from
  2023 to 2032. The expansion is fueled by the
  burgeoning use of cutting-edge ECMO technology in
  healthcare settings in LATAM nations along with
  the region's rising respiratory and cardiac
  disease rates. Additionally, the regional
  expansion will also benefit from the increased
  ECMO device demand in the COVID-19-affected
  nations.

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Rights Reserved
www.gminsights.com
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• Key Players are
• Abbott Laboratories
• Fresenius Medical Care AG Co. KGaA
• Braile Biomedica
• Edwards Lifesciences Corporation
• Abiomed
• Eurosets

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Rights Reserved
www.gminsights.com
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Rights Reserved
www.gminsights.com