[URL=https://www.industryarc.com/Report/16830/extracorporeal-membrane-oxygenation-ecmo-systems-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Extracorporeal Membrane Oxygenation (ECMO) Systems Market[/URL] size is estimated to reach $391.8 million by 2026, growing at a CAGR of 5.3% during the forecast period 2021-2026. Extracorporeal membrane oxygenation (ECMO) is a progressive kind of life-backing technology whereby venous blood is oxygenated exterior to the body and restored to the patient. ECMO was originally utilized as last-resort rescue therapy for patients with serious respiratory failure.Key Takeaways
Geographically, North America Extracorporeal Membrane Oxygenation (ECMO) Systems Market accounted for the highest revenue share in 2020 and it is poised to dominate the market over the period 2021-2026 owing to the existence of leading players like Comprehensive Care Services and the boost in the count of innovative product launches in extracorporeal life support (ECLS) in the North American region.
Extracorporeal Membrane Oxygenation (ECMO) Systems Market growth is being driven by the backing of the government for valued healthcare and the soaring high buying power balance.
Extracorporeal Membrane Oxygenation (ECMO) Systems Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Extracorporeal Membrane Oxygenation (ECMO) Systems Market report.
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Extracorporeal Membrane Oxygenation (ECMO) Systems Market Segment Analysis – By Geography
The Extracorporeal Membrane Oxygenation (ECMO) Systems Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America (Extracorporeal Membrane Oxygenation (ECMO) Systems Market) held the largest share with 35% of the overall market in 2020.
Extracorporeal Membrane Oxygenation (ECMO) Systems Market Drivers
Increasing Occurrences Of Cardiopulmonary Ailments And Respiratory Failure Is Projected To Drive The Growth Of Extracorporeal Membrane Oxygenation (ECMO) Systems Market
Technological Advancements Are Expected To Boost The Demand Of Extracorporeal Membrane Oxygenation (ECMO) Systems
Extracorporeal Membrane Oxygenation (ECMO) Systems Market Landscape:
Key companies of this market include Getinge AB, LivaNova PLC, Medtronic, Eurosets S.R.L, Terumo Medical Corporation, Nipro Corporation, Origen Biomedical, Inc., Medos Medizintechnik, MicroPort Scientific Corporation, Xenios AG (Acquired By Fresenius Medical Care AG & Co. KGaA)
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