Question 1

Why is North America a popular revenue source for Extracorporeal Membrane Oxygenation industry?

Accepted Answer

North America amassed over 58% share of ECMO market in 2022 due to the increasing elderly populace and the considerable growth in healthcare expenditure across the region.

Question 2

How has Extracorporeal Membrane Oxygenation Market size grown in the recent past?

Accepted Answer

Global market for ECMO stood at over USD 490 million in 2022 and is expanding consistently at more than 3% CAGR driven by the increasing prevalence of respiratory failure and cardiopulmonary diseases.

Question 3

Why is the demand for Extracorporeal Membrane Oxygenation (ECMO) rising among the pediatric population?

Accepted Answer

Ppediatric segment garnered over USD 100 million in 2022 driven by the increasing prevalence of several pediatric diseases, such as pneumonia, meconium aspiration syndrome, respiratory distress syndrome (RDS), and congenital diaphragmatic hernia (CDH).

Question 4

What is encouraging the adoption of extracorporeal cardiopulmonary resuscitation (ECPR)?

Accepted Answer

Extracorporeal cardiopulmonary resuscitation (ECPR) segment is expected to accumulate over 5% market share by 2032 owing to the increasing incidences of sudden cardiac arrests.

Extracorporeal Membrane Oxygenation Market - By Modality (Venoarterial, Veno-venous, Arteriovenous), By Application (Cardiac, Respiratory, Extracorporeal Cardiopulmonary Resuscitation), By Patient Population (Infant, Pediatric, Adult) & Global Forecast, 2023 – 2032

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