Global Extracorporeal Membrane Oxygenation (ECMO) System Market Projected to be a USD 299.2 million Market by 2021, at a developing CAGR of 4.0%

Feb 25, 2016, 11:45 ET from MicroMarket Monitor

PUNE, India, February 25, 2016 /PRNewswire/ --

According to the new Market Research Report "Global Extracorporeal Membrane Oxygenation (ECMO) System Market: By Modality (Veno Artrial (VA), Veno Venous (VV), Artrio Venous (ECOO2 R)), By Application (Respiratory, Cardiac, ECPR), By Geography, Analysis and Forecast to 2021", the global Extracorporeal Membrane Oxygenation (ECMO) System report defines and segments the concerned market in globally with analysis and forecast of revenue. The global extracorporeal membrane oxygenation (ECMO) system market is pegged at USD 235.9 million in 2015 and is estimated to grow to around USD 299.2million by 2021, at a developing CAGR of 4.0% from 2016 to 2021.

Browse through the TOC of Global Extracorporeal Membrane Oxygenation (ECMO) System Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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Global extracorporeal membrane oxygenation (ECMO) system market growth is attributed to the rise in the aging population and number of increasing number of patients suffering from respiratory failure and cardiopulmonary disease, growing awareness among physician/surgeon and advancements in technology. Despite this, high cost of ECMO system and the availability of conventional techniques are major hindering factors.

In 2014, about 45.0% of the Global extracorporeal membrane oxygenation (ECMO) system market was dominated by North America.

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This market is segmented and forecasted on the basis of modality, application, and geography. The modality comprises of Veno Artrial (VA), Veno Venous (VV), Artrio Venous (ECOO2 R) are discussed. On the basis of application, the market is segmented into Respiratory, Cardiac, and Extra-Corporeal Cardiopulmonary Resuscitation (ECPR). The market is further segmented and forecasted on the basis of major geographies such as North America, Europe, Asia-pacific and rest of the world (RoW).

Key Players of Global Extracorporeal Membrane Oxygenation (ECMO) System Market includes:  

MAQUET Holding B.V. & CO. KG. (Germany), SORIN Group (Italy), MEDTRONIC (Republic of Ireland), NIPRO Medical Corporation (U.S.), Terumo Medical Corporation (Japan), MicroPort Scientific Corporation (China), Medos Medizintechnik AG (Germany) among others and so on.

This report also includes the market share, approach for arriving the market size, new technology developments, product matrix, life cycle analysis, Porter's five forces analysis and price analysis by product.  In this report, market metrics are also included such as drivers, restraints and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide extracorporeal membrane oxygenation (ECMO) system/oxygenators as a product.

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