Extracorporeal Membrane Oxygenation Market

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The segmentation of the key modalities is done on the basis of the different setups that are provided by the ECMO circuitsuch as arterio-venous, veno-arterial and veno-venous. They are used to provide hemodynamic support and to facilitategaseous exchange in patients with cardiac or respiratory failure.Both gas exchange support and hemodynamic support is provided by the veno-arterial ECMO system. It majorly works bypassing the blood flow from the patients’ heart and lungs to the ECMO circuit. The veno-venous ECMO system on theother hand facilitates sole gas exchange support in which the blood is made to return to the heart prior to pulmonarycirculation. According to the U.S. National Institute of Health (NIH), combination of veno-venous and veno-arterial isused in specific cases such as cardiogenic shock.Applications InsightsAs per applications, the market is segmented into Extracorporeal Cardiopulmonary Resuscitation (ECPR), respiratory andcardiac. The segments are further segmented on the basis of who is using the set up into adult application, neonate andpediatric. The segment dominating the market in 2015 with about 40.0% of the industry share is respiratory basedECMO.The increasing demand for the ECMO systems is majorly attributed to rising number of patients with chronic respiratoryconditions like COPD, emphysema and chronic bronchitis combined with a trend of growing awareness about healthdisorders. As per the U.S. National Center for Health Statistics, more than 8.7 million individuals suffered from chronicbronchitis and 3.4 million individuals suffered from emphysema in the year 2014.Read Complete Report With TOC @ https://www.millioninsights.com/industry-reports/extracorporealmembrane-oxygenation-ecmo-marketRegional InsightsThe major regions in this market are North America, Europe, Asia Pacific, Latin America and MEA. North America hasgrown considerably in this segment majorly attributed to the well developed primary, secondary and tertiary carehospitals combined with the reimbursement network, increasing awareness about the ECMO system facilitating theirrapid adoption in the hospitals and favorable government funding.Refinements in the technology presently in use was made by Terumo Cardiovascular Systems Corporation during theproduction of CAPIOX FX Oxygenator. This system is expected tohelp in increasing the blood rate and offer completecontrol over the entire process.Competitive Market Share InsightsSome key players operating in the ECMO market include MAQUET Holding B. V. & Co. KG, Microport ScientificCorporation, Medos Medizintechnik AG, Sorin Group, Medtronic, Plc., Terumo Cardiovascular Systems Corporation, andNipro Medical Corporation. The major strategic initiatives adopted by the companies in this vertical are technologicaladvancements in the existing portfolio and new product development.For example, Medtronic Plc designed Minimax Plus Oxygen System for patients from wide ranging age groups such asfrom neonates to children, with features such as venous air director and low arterial port, which are integrated in thesystem to increase the safety levels and performance.Market Segment:
Modality Outlook (Revenue, USD Million, 2013 - 2024)• Veno-Arterial• Veno-Venous• Arterio-VenousApplication Outlook (Revenue, USD Million, 2013 - 2024)• Respiratory• Neonates• Pediatric• Adult• Cardiac• Neonates• Pediatric• Adult• Extracorporeal Cardiopulmonary Resuscitation (ECPR)• Neonates• Pediatric• AdultRegional Outlook (Revenue, USD Million, 2013 - 2024)• North America• U.S.• Canada• Europe• UK• Germany• Asia Pacific• Japan• China• Latin America• Brazil• Mexico• MEA• South Africa• Saudi ArabiaRead Sample report of this Category: https://www.millioninsights.com/industry/medical-devices
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Extracorporeal Membrane Oxygenation Market

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