Extracorporeal Membrane Oxygenation Machines Market by Modality and Geography - Forecast and Analysis 2020-2024

Global Extracorporeal Membrane Oxygenation Machines Market

About this market

Technavio’s extracorporeal membrane oxygenation machines market analysis considers sales from veno-venous and arterio-venous; and veno-arterial modalities. Our study also finds the sales of extracorporeal membrane oxygenation machines in Asia, Europe, North America, and ROW. In 2019, the veno-venous and arterio-venous segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing cases of lung transplants will play a significant role in the veno-venous and arterio-venous segment to maintain its market position. Also, our global extracorporeal membrane oxygenation machines market report looks at factors such as increasing incidence of respiratory and heart failure, rising number of new product launches, and growing number of transplant procedures. However, high costs associated with cardiac and respiratory procedures, complications related to ECMO procedures, and frequent product recalls may hamper the growth of the extracorporeal membrane oxygenation machines industry over the forecast period.

Global Extracorporeal Membrane Oxygenation Machines Market

Overview

Increasing prevalence of respiratory and heart failure

Respiratory diseases such as COPD, ARDS, and pulmonary embolism affect a large number of people across the world every year. The rising prevalence of these diseases can be attributed to factors such as respiratory infections, smoking, and air pollution. Similarly, the prevalence of CVDs and other heart diseases such as ischemic heart disease, coronary heart disease, and myocardial infarctions has significantly increased over recent years. These factors have increased the number of emergency department visits, which has necessitated the need for immediate treatment. Extracorporeal membrane oxygenation machines are majorly used for reducing the chances of cardiac failure in people with CVDs. They are also used by healthcare professionals to help patients at the risk of sudden respiratory failure. Therefore, the increasing incidences of respiratory and heart failures will lead to the expansion of the global extracorporeal membrane oxygenation machines market at a CAGR of almost 5% during the forecast period.

Technological advances

The growing number of technological innovations has enabled a paradigm shift in the cost as well as the manageability of medical equipment. The launch of wearable devices has made patient monitoring much simpler and more cost-effective and has contributed to better patient adherence to health monitoring. Extracorporeal membrane oxygenation machines are majorly used in hospitals, clinics, and ASCs as a life-support device. They are majorly used by healthcare professionals during certain medical emergencies and surgical procedures. Technologically advanced and innovative devices are majorly used by clinicians for patients suffering from certain chronic conditions where support for the heart and lung is required. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global extracorporeal membrane oxygenation machines market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global extracorporeal membrane oxygenation machines market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading extracorporeal membrane oxygenation machines manufacturers, that include ALung Technologies Inc., Eurosets Srl, Fresenius Medical Care AG & Co. KGaA, Getinge AB, LivaNova Plc, Medtronic Plc, MicroPort Scientific Corp., NIPRO Corp., OriGen Biomedical Inc., and Terumo Corp.

Also, the extracorporeal membrane oxygenation machines market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Table Global healthcare equipment market
    • Table Segments of global healthcare equipment market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Table Product overview
    • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • Asia - Market size and forecast 2019-2024
      • Table Asia - Market size and forecast 2019-2024 ($ millions)
      • Table Asia - Year-over-year growth 2020-2024 (%)
    • ROW - Market size and forecast 2019-2024
      • Table ROW - Market size and forecast 2019-2024 ($ millions)
      • Table ROW - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Market segmentation by modality
    • Table Modality - Market share 2019-2024 (%)
    • Comparison by modality
      • Table Comparison by modality
    • Veno-venous and arterio-venous - Market size and forecast 2019-2024
      • Table Veno-venous and arterio-venous - Market size and forecast 2019-2024 ($ millions)
      • Table Veno-venous and arterio-venous - Year-over-year growth 2020-2024 (%)
    • Veno-arterial - Market size and forecast 2019-2024
      • Table Veno-arterial - Market size and forecast 2019-2024 ($ millions)
      • Table Veno-arterial - Year-over-year growth 2020-2024 (%)
    • Market opportunity by modality
      • Table Market opportunity by modality
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Product launch details and market impact analysis
    • Market challenges
      • Table Product recalls
      • Table Impact of drivers and challenges
  • Market trends
    • Technological advances
    • Mergers and acquisitions
      • Table Business strategies and their market impact analysis
    • Business strategies in the market
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ALung Technologies Inc.
      • Table ALung Technologies Inc. - Vendor overview
      • Table ALung Technologies Inc. - Product segments
      • Table ALung Technologies Inc. - Key offerings
      • Table ALung Technologies Inc. - Key customers
    • Eurosets Srl
      • Table Eurosets Srl - Vendor overview
      • Table Eurosets Srl - Product segments
      • Table Eurosets Srl - Organizational developments
      • Table Eurosets Srl - Key offerings
      • Table Eurosets Srl - Key customers
    • Fresenius Medical Care AG & Co. KGaA
      • Table Fresenius Medical Care AG & Co. KGaA - Vendor overview
      • Table Fresenius Medical Care AG & Co. KGaA - Business segments
      • Table Fresenius Medical Care AG & Co. KGaA - Organizational developments
      • Table Fresenius Medical Care AG & Co. KGaA - Geographic focus
      • Table Fresenius Medical Care AG & Co. KGaA - Segment focus
      • Table Fresenius Medical Care AG & Co. KGaA - Key offerings
      • Table Fresenius Medical Care AG & Co. KGaA - Key customers
    • Getinge AB
      • Table Getinge AB - Vendor overview
      • Table Getinge AB - Business segments
      • Table Getinge AB - Organizational developments
      • Table Getinge AB - Geographic focus
      • Table Getinge AB - Segment focus
      • Table Getinge AB - Key offerings
      • Table Getinge AB - Key customers
    • LivaNova Plc
      • Table LivaNova Plc - Vendor overview
      • Table LivaNova Plc - Business segments
      • Table LivaNova Plc - Organizational developments
      • Table LivaNova Plc - Geographic focus
      • Table LivaNova Plc - Segment focus
      • Table LivaNova Plc - Key offerings
      • Table LivaNova Plc - Key customers
    • Medtronic Plc
      • Table Medtronic Plc - Vendor overview
      • Table Medtronic Plc - Business segments
      • Table Medtronic Plc - Organizational developments
      • Table Medtronic Plc - Geographic focus
      • Table Medtronic Plc - Segment focus
      • Table Medtronic Plc - Key offerings
      • Table Medtronic Plc - Key customers
    • MicroPort Scientific Corp.
      • Table MicroPort Scientific Corp. - Vendor overview
      • Table MicroPort Scientific Corp. - Business segments
      • Table MicroPort Scientific Corp. - Organizational developments
      • Table MicroPort Scientific Corp. - Geographic focus
      • Table MicroPort Scientific Corp. - Segment focus
      • Table MicroPort Scientific Corp. - Key offerings
      • Table MicroPort Scientific Corp. - Key customers
    • NIPRO Corp.
      • Table NIPRO Corp. - Vendor overview
      • Table NIPRO Corp. - Product segments
      • Table NIPRO Corp. - Geographic focus
      • Table NIPRO Corp. - Segment focus
      • Table NIPRO Corp. - Key offerings
      • Table NIPRO Corp. - Key customers
    • OriGen Biomedical Inc.
      • Table OriGen Biomedical Inc. - Vendor overview
      • Table OriGen Biomedical Inc. - Product segments
      • Table OriGen Biomedical Inc. - Organizational developments
      • Table OriGen Biomedical Inc. - Key offerings
      • Table OriGen Biomedical Inc. - Key customers
    • Terumo Corp.
      • Table Terumo Corp. - Vendor overview
      • Table Terumo Corp. - Business segments
      • Table Terumo Corp. - Organizational developments
      • Table Terumo Corp. - Geographic focus
      • Table Terumo Corp. - Segment focus
      • Table Terumo Corp. - Key offerings
      • Table Terumo Corp. - Key customers
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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