(PharmaNewsWire.Com, June 18, 2018 ) Extracorporeal Membrane Oxygenation (ECMO) Machine is primarily driven by its rising demand for ECMO therapies for the management of various types of severe cardiac and respiratory failures among adults and children. The growing acceptance of ECMO in managing specific types of acute respiratory distress syndrome (ARDS) is a key factor accentuating the market. The demand for ECMO therapies for providing extracorporeal life support for patients recovering from heart failure or lung failure that do respond to conventional life support modalities such as ventilation bodes well for the market. The growing acceptance of ECMO machines to provide prolonged support for respiratory and cardiac functions in adult patients is opening up exciting opportunities for market players. Furthermore, the soaring popularity of extracorporeal cardiopulmonary resuscitation (ECPR), attributed to its significant survival benefits, in rescuing patients with specific cardiac arrest that does not respond to conventional resuscitation, is expected to open up lucrative avenues during the forecast period.
The rising demand for extracorporeal life support by clinicians as a part of intensive care management of acute cardiac and respiratory failures is a key factor driving the ECMO machine market. The vast popularity in managing critically ill patients suffering from severe respiratory failures is a key factor catalyzing the demand for ECMO machines in various regions. The growing demand for prolonged oxygenation support in patients awaiting lung transplantation is a crucial factor accentuating the demand for ECMO technology. In addition, the rising demand for ECMO techniques during critical procedures in the cardiac catheterization lab is boosting the market.
The prominent use of ECMO machines as a life support modality in several developed nations, such as the U.S., is expected to open up exciting opportunities for market players. The use of ECMO therapy provide a variety of options for anesthesiologists, surgeons, and intensivists. However, the use of ECMO technology is not without complications, which is a key factor likely to hinder its demand. Nevertheless, the growing availability of skilled clinicians and the use of proper techniques are key factors expected to help them get over these challenges. The growing preference of extracorporeal life support for patients with severe cases of acute respiratory distress syndrome (ARDS) is boosting the ECMO machine market. Furthermore, the sprouting of ECMO centers in a number of advanced countries is a prominent trend catalyzing the growth of the market.
The major manufacturers covered in this report
Getinge Group (Sweden)
Medtronic plc (Ireland)
LivaNova PLC (U.K.)
XENIOS AG (Germany)
Terumo Corporation (Japan)
MicroPort Scientific Corporation (China)
NIPRO Corporation (Japan)
OriGen Biomedical, Inc. (U.S.)
ALung Technologies, Inc. (Germany)
EUROSETS S.r.l. (Italy)
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
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