Membrane Oxygenators Market size was valued at US$ 125.69 Mn in 2021 and the total revenue is expected to grow at 1.8 % through 2022 to 2029, reaching nearly US$ 144.98 Mn in the forecast period.
Membrane Oxygenators Market Overview:
Maximize Market Research (MMR) has recently released a Membrane Oxygenators Market research report, offering comprehensive and high-quality market studies with complete transparency. This report also presents a list of major competitors, along with strategic insights and analysis of key factors impacting the Membrane Oxygenators Market industry. Membrane Oxygenators Market research takes into account market players, marketing strategies, trends, future product developments, and emerging opportunities to generate insightful market reports.
Membrane Oxygenators Market Report Scope and Research Methodology:
The Membrane Oxygenators Market report's primary objective is to examine the major key drivers and restraints influencing key companies, coupled with a detailed assessment of the current competitive benchmarking and development prospects. Alongside this analysis, the report thoroughly examines Membrane Oxygenators Market trends and future insights, encompassing aspects related to the demand chain, supply chain, and sales, along with recent market changes. The report includes profiles of key market players in the Membrane Oxygenators Market for a comprehensive competitive analysis, offering insights into company overview, financial performance, product portfolio, and strategies. Employing a blend of quantitative and qualitative research methods, the research features SWOT and PESTLE analysis.
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Membrane Oxygenators Market Dynamics:
The Membrane oxygenators market is greatly driven by the prevalence of chronic diseases like respiratory diseases, and cardiovascular diseases (CVD). As per the research, around 655,000 Americans die from heart disease each year with a ratio of 1:4. And around 805,000 Americans suffer from heart attacks each year. This factor is likely to boost the demand for membrane oxygenators during the forecast period.
The growth of membrane oxygenators was amplified in the COVID-19 pandemic due to the wider application base of membrane oxygenators in the first two waves of the SAR-Cov-2 around the globe. As of 31 July 2021, around 197,385,970 no. of COVID-19 cases were reported worldwide, and the death rate reported was 4,214,947 and growing and 4 billion people have been vaccinated around the globe. This factor is likely to boost the market growth of membrane oxygenators in hospitals and healthcare facilities.
Membrane Oxygenators Market Regional Insights:
The Asia-Pacific region dominated the Membrane Oxygenators Market in 2022, accounting for the highest market share, approximately 48% of the total. It is expected to continue leading in revenue until 2029. Meanwhile, Europe is projected to experience the highest CAGR during the forecast period. The research further examines North America and South America and MEA regions.
Membrane Oxygenators Market Segmentation:
by Type
• Hollow Fiber Membrane Oxygenators
• Flat Sheet Membrane Oxygenators
by Age Group
• Neonates
• Pediatrics
• Adults
by End-Use
• Respiratory
o 7.3.1.1. Respiratory failure
o 7.3.1.2. Pulmonary embolism
o 7.3.1.3. Acute respiratory distress syndrome
o 7.3.1.4. Pneumonia
o 7.3.1.5. COVID-19
• Cardiac
o 7.3.2.1. Acute myocardial infarction
o 7.3.2.2. Myocarditis
o 7.3.2.3. Post-transplant complications
o 7.3.2.4. Decompensated cardiomyopathy
o 7.3.2.5. Cardiogenic shock
• ECPR
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Membrane Oxygenators Market Key Players:
• Medtronic
• Fresenius SE Co KGaA
• Getinge AB
• Terumo Medical Corporation
• MicroPort Scientific Corporation
• Nipro Medical Corporation
• LivaNova PLC
• Medtronic
• EUROSETS
• Chalice Medical Ltd
• MAQUET Holding B.V. Co. KG.
• XENIOS AG
• Weigao group
• MicroPort Scientific Corporation
• Terumo Medical Corporation
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Key questions answered in Membrane Oxygenators Market are:
- Who held the largest market share in the Membrane Oxygenators Market ?
- What is the demand pattern for the Membrane Oxygenators Market ?
- What are the opportunities for the Membrane Oxygenators Market ?
- What are the strategies used by competitors in the Membrane Oxygenators Market ?
- What are the growth prospects in developing countries for the Membrane Oxygenators Market ?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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