Veno-Arterial ECMO Systems Market
Veno-Arterial ECMO System Market Overview
An overview of conceptual frameworks, analytical approaches of the Veno-Arterial ECMO System market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. Veno-Arterial ECMO System market is expected to grow with a significant rate in the near future.
The global Veno-Arterial ECMO Systems Market in 2020 is estimated for more than US$ 287.8 Mn and expected to reach a value of US$ 410.8 Mn by 2028 with a significant CAGR of 4.6%.
Veno-Arterial ECMO System Market Definition
Over the last two decades, the use of extra corporeal membrane oxygenation (ECMO) systems has significantly increased and it has become an essential tool for severe cardiac and pulmonary dysfunction refractory to conventional management.
Veno-Arterial ECMO transport is an effective method of transferring patients with severe ARDS.
Veno-arterial (VA) ECMO is used in selected patients with various etiologies of cardiogenic shock and entails either central or peripheral cannulation.
Veno-arterial (VA) ECMO is mechanical circulatory support in which the ECMO circuit runs in parallel to the native heart and lungs.
Veno-Arterial ECMO System Market Dynamics
The growing prevalence of cardiovascular disorders is the first and foremost factor driving the growth of the veno-arterial ECMO systems market.
Moreover increasing aging demographics would fuel the growth of veno-arterial ECMO systems market. According to WHO, The absolute number of people aged 60 years and over is expected to increase from 605 million to 2 billion by 2050. According to the Extracorporeal Life Support Organization (ESLO) registry, ECMO was used in over 5,000 cases in 2014, this immense increase of patients treated with VA ECMO is expected to fuel the growth of veno-arterial ECMO systems market.
The veno-arterial ECMO systems market is expected to increase at a steady CAGR over the forecast period owing to the growing aging population and incidence of cardiovascular disorders.
Veno-Arterial ECMO System Market Key Players
Some of the key participating players in veno-arterial ECMO systems market are Medtronic, Maquet Holding, Sorin Group, Terumo, Xenios AG and others.
Veno-Arterial ECMO System Market Segmentation
The veno-arterial ECMO systems market is segmented on the basis of procedure type, end user and region. On the basis of procedure type, veno-arterial ECMO systems market is segmented as central veno-arterial ECMO systems and peripheral veno-arterial ECMO systems. On the basis of end user, veno-arterial ECMO systems market is segmented into hospitals and ambulatory surgical centers.
By Procedure Type
• Central Veno-Arterial ECMO Systems
• Peripheral Veno-Arterial ECMO Systems
By End User
• Hospitals
• Ambulatory Surgical Centers
By Region
• North America
• Latin America
• Asia Pacific
• Europe
• Middle East
• Africa
Veno-Arterial ECMO System Market Regional Segmentation Overview
On the basis of region, the veno-arterial ECMO systems market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa.
North America veno-arterial ECMO systems market is expected to be the most dominating market throughout the forecast period due to increasing number of cardiac interventional procedures. Presence of key players in Europe makes it second largest market for veno-arterial ECMO systems.
MMC Overview on Veno-Arterial ECMO System Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Veno-Arterial ECMO System market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market. The report is titled as ‘Veno-Arterial ECMO System Market: Opportunity Analysis and Future Assessment 2020-2028’.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Veno-Arterial ECMO System
• Advantage of Veno-Arterial ECMO System
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Veno-Arterial ECMO System Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Veno-Arterial ECMO System Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Veno-Arterial ECMO System Market Snapshot
2.4. Global Veno-Arterial ECMO System Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Veno-Arterial ECMO System Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Veno-Arterial ECMO System Market, By Procedure Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Procedure Type
3.1.2. BPS Analysis, By Procedure Type
3.2. Market Revenue (US$Mn) Forecast, By Procedure Type
3.2.1. Central Veno-Arterial ECMO Systems
3.2.2. Peripheral Veno-Arterial ECMO Systems
3.3. Global Veno-Arterial ECMO System Market Attractiveness Index, By Procedure Type
4. Global Veno-Arterial ECMO System Market, By End User
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By End User
4.1.2. BPS Analysis, By End User
4.2. Market Revenue (US$Mn) Forecast, By End User
4.2.1. Hospitals
4.2.2. Ambulatory Surgical Centers
4.3. Global Veno-Arterial ECMO System Market Attractiveness Index, By End User
5. Global Veno-Arterial ECMO System Market, By Region
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Region
5.1.2. BPS Analysis, By Region
5.2. Market Revenue (US$Mn) Forecast, By Region
5.2.1. North America
5.2.2. Latin America
5.2.3. Europe
5.2.4. Asia Pacific
5.2.5. Middle East
5.2.6. Africa
5.3. Global Veno-Arterial ECMO System Market Attractiveness Index, By Region
6. North America Veno-Arterial ECMO System Market Analysis and Forecast, 2020–2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market Revenue (US$Mn) Forecast, By Country
6.2.1. U.S. Veno-Arterial ECMO System Market
6.2.2. Canada Veno-Arterial ECMO System Market
6.3. North America Veno-Arterial ECMO System Market, By Procedure Type
6.3.1. Central Veno-Arterial ECMO Systems
6.3.2. Peripheral Veno-Arterial ECMO Systems
6.4. North America Veno-Arterial ECMO System Market, By End User
6.4.1. Hospitals
6.4.2. Ambulatory Surgical Centers
6.5. North America Veno-Arterial ECMO System Market Attractiveness Index
6.5.1. By Country
6.5.2. By Procedure Type
6.5.3. By End User
7. Latin America Veno-Arterial ECMO System Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market (US$Mn) Forecast, By Country
7.2.1. Brazil Veno-Arterial ECMO System Market
7.2.2. Mexico Veno-Arterial ECMO System Market
7.2.3. Argentina Veno-Arterial ECMO System Market
7.2.4. Rest of Latin America Veno-Arterial ECMO System Market
7.3. Latin America Veno-Arterial ECMO System Market, By Procedure Type
7.3.1. Central Veno-Arterial ECMO Systems
7.3.2. Peripheral Veno-Arterial ECMO Systems
7.4. Latin America Veno-Arterial ECMO System Market, By End User
7.4.1. Hospitals
7.4.2. Ambulatory Surgical Centers
7.5. Latin America Veno-Arterial ECMO System Market Attractiveness Index
7.5.1. By Country
7.5.2. By Procedure Type
7.5.3. By End User
8. Europe Veno-Arterial ECMO System Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. U.K. Veno-Arterial ECMO System Market
8.2.2. Germany Veno-Arterial ECMO System Market
8.2.3. Italy Veno-Arterial ECMO System Market
8.2.4. France Veno-Arterial ECMO System Market
8.2.5. Spain Veno-Arterial ECMO System Market
8.2.6. Russia Veno-Arterial ECMO System Market
8.2.7. Poland Veno-Arterial ECMO System Market
8.2.8. BENELUX Veno-Arterial ECMO System Market
8.2.9. NORDIC Veno-Arterial ECMO System Market
8.2.10. Rest of Europe Veno-Arterial ECMO System Market
8.3. Europe Veno-Arterial ECMO System Market, By Procedure Type
8.3.1. Central Veno-Arterial ECMO Systems
8.3.2. Peripheral Veno-Arterial ECMO Systems
8.4. Europe Veno-Arterial ECMO System Market, By End User
8.4.1. Hospitals
8.4.2. Ambulatory Surgical Centers
8.5. Europe Veno-Arterial ECMO System Market Attractiveness Index
8.5.1. By Country
8.5.2. By Procedure Type
8.5.3. By End User
9. Asia Pacific Veno-Arterial ECMO System Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. China Veno-Arterial ECMO System Market
9.2.2. India Veno-Arterial ECMO System Market
9.2.3. Japan Veno-Arterial ECMO System Market
9.2.4. Australia and New Zealand Veno-Arterial ECMO System Market
9.2.5. South Korea Veno-Arterial ECMO System Market
9.2.6. ASEAN Veno-Arterial ECMO System Market
9.2.7. Rest of Asia Pacific Veno-Arterial ECMO System Market
9.3. Asia Pacific Veno-Arterial ECMO System Market, By Procedure Type
9.3.1. Central Veno-Arterial ECMO Systems
9.3.2. Peripheral Veno-Arterial ECMO Systems
9.4. Asia Pacific Veno-Arterial ECMO System Market, By End User
9.4.1. Hospitals
9.4.2. Ambulatory Surgical Centers
9.5. Asia Pacific Veno-Arterial ECMO System Market Attractiveness Index
9.5.1. By Country
9.5.2. By Procedure Type
9.5.3. By End User
10. Middle East Veno-Arterial ECMO System Market, By Region
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. GCC Countries Veno-Arterial ECMO System Market
10.2.2. Israel Veno-Arterial ECMO System Market
10.2.3. Oman Veno-Arterial ECMO System Market
10.2.4. Rest of Middle East Veno-Arterial ECMO System Market
10.3. Middle East Veno-Arterial ECMO System Market, By Procedure Type
10.3.1. Central Veno-Arterial ECMO Systems
10.3.2. Peripheral Veno-Arterial ECMO Systems
10.4. Middle East Veno-Arterial ECMO System Market, By End User
10.4.1. Hospitals
10.4.2. Ambulatory Surgical Centers
10.5. Middle East Veno-Arterial ECMO System Market Attractiveness Index
10.5.1. By Country
10.5.2. By Procedure Type
10.5.3. By End User
11. Africa Veno-Arterial ECMO System Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. South Africa Veno-Arterial ECMO System Market
11.2.2. Egypt Veno-Arterial ECMO System Market
11.2.3. North Africa Veno-Arterial ECMO System Market
11.2.4. Rest of Africa Veno-Arterial ECMO System Market
11.3. Africa Veno-Arterial ECMO System Market, By Procedure Type
11.3.1. Central Veno-Arterial ECMO Systems
11.3.2. Peripheral Veno-Arterial ECMO Systems
11.4. Africa Veno-Arterial ECMO System Market, By End User
11.4.1. Hospitals
11.4.2. Ambulatory Surgical Centers
11.5. Africa Veno-Arterial ECMO System Market Attractiveness Index
11.5.1. By Country
11.5.2. By Procedure Type
11.5.3. By End User
12. Recommendation
12.1. Market Strategy
13. Competitive Landscape
13.1. Competition Dashboard
13.2. List and Company Overview of Global Key Players
13.3. Company Profiles
13.3.1. Medtronic
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Product Portfolio
13.3.1.4. Key Developments
13.3.1.5. Business Strategies
13.3.2. Maquet Holding
13.3.3. Sorin Group
13.3.4. Terumo
13.3.5. Xenios AG
14. Acronyms