Press Release
Press Release
North America is projected to hold a significant share in the overall growth of the market due to the rising occurrence of chronic respiratory diseases in the region. The flourishing healthcare sector aided by government measures, rising cases of lung cancers, and the presence of ECMO centres in the region are factors anticipated to contribute to the market growth of the region. Speedy FDA approvals regarding machines developed by new companies is further catalysing the market growth in the region. Apart from this, the Asia Pacific region is expected to significantly contribute towards the growth of the market. This can be associated with the dominance of coronavirus pandemic in countries like India, which is propelling the market demand for ECMO machines to treat hospitalised patients. In addition to this, due to rising pollution levels in the region, the rising number of patients with asthma and other lung infections are expected to bolster the growth of global extracorporeal membrane oxygenation machine.
According to a recent report by NYU Langone Health in August 2020, ECMO machines used to treat patients with coronavirus infection resulted in a success rate of 96% survival rate over a 44-day period. Led by researchers at NYU Grossman School of Medicine, the study of 27 patients placed on ECMO found the high survival rate at the end of the study period. ECMO refers to a specialised heart-lung bypass procedure when the lungs cannot function by themselves in patients with severe COVID-19. The market growth is thus anticipated to be bolstered by this study providing evidence in support of the value of extracorporeal membrane oxygenation machines in patients with COVID-19. Furthermore, the industry is further expected to be augmented by constant developments by key market players like Medtronic plc (NYSE: MDT) and LivaNova PLC (NASDAQ: LIVN), among others into ECMO machines.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global extracorporeal membrane oxygenation (ECMO) machine market are Medtronic plc, LivaNova PLC, Terumo Corporation, Nipro Corporation, Alung Technologies, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.