MARKET OVERVIEW
ECMO is extracorporeal membrane oxygenation. The ECMO machine is alike to the heart lung bypass equipment used in open heart surgery. It pumps and oxygenates a patient's blood outside the body, permitting the heart and lungs to rest. When the patient's body is connected to an ECMO, blood flows via tubing to an artificial lung in the equipment that adds oxygen and removes carbon dioxide. Then, the blood is heated to body temperature and pumped back into the body. There are two kinds of ECMO. The VA ECMO is attached to both a vein and an artery and is employed when there are issues with both the heart and lungs. The VV ECMO is connected to one or more veins, generally near the heart, and is employed when the problem is only in the lungs.
MARKET SCOPE
The "Global ECMO First Aid Equipment Market Analysis to 2031" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ECMO first aid equipment market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading ECMO first aid equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global ECMO first aid equipment market is segmented into va (veno-arterial) ecmo, vv (veno-venous) ecmo.
- On the basis of application, the market is segmented into neonatal, pediatric, adult.
MARKET DYNAMICS
Drivers:
- Rise in the incidences of cardiovascular and respiratory diseases.
- Rising adoption of ECMO in lung transplantation procedure.
- Growth in the numbers of surgeries.
- Rising geriatric population.
- Technological advancements in ECMO machine.
- Increasing ECMO centers.
- Growing awareness regarding ECMO machine.
Restraints:
- The certain risks associated with the ECMO is the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The ECMO first aid equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ECMO first aid equipment market in these regions.
IMPACT OF COVID-19 ON ECMO FIRST AID EQUIPMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the ECMO first aid equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from ECMO first aid equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for ECMO first aid equipment in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ECMO first aid equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
ECMO First Aid Equipment Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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The List of Companies
1. Medtronic
2. Maquet Holding
3. Sorin Group
4. Xenios AG
5. ALung Technologies
6. LivaNova
7. Nipro
8. Shanghai Microport Orthopedics
9. Braile Biomedica
10. Getinge Group
11. Terumo Corporation
12. MicroPort Scientific Corporation
13. OriGen Biomedical, Inc.
14. EUROSETS S.r.l.
1. Medtronic
2. Maquet Holding
3. Sorin Group
4. Xenios AG
5. ALung Technologies
6. LivaNova
7. Nipro
8. Shanghai Microport Orthopedics
9. Braile Biomedica
10. Getinge Group
11. Terumo Corporation
12. MicroPort Scientific Corporation
13. OriGen Biomedical, Inc.
14. EUROSETS S.r.l.
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