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16-Sep-2022

Membrane Oxygenator Market Rises at 2.1% CAGR, Spurred by Expansion of Medical Device Industry, Says Market.us

Pune, Maharashtra, India, September 16 2022 (Wiredrelease) Prudour Pvt. Ltd –:A membrane oxygenator is a medical device that is used to transfer oxygen and carbon dioxide between the blood and the air. The device consists of a semipermeable membrane that is placed between two chambers, one chamber containing blood and the other containing air. The semipermeable membrane allows oxygen and carbon dioxide to diffuse across it, thus transferring these gases between the two chambers. Membrane oxygenators are commonly used in extracorporeal life support (ECLS) systems, which provide mechanical ventilation and circulation of blood outside of the body. 

The global membrane oxygenator market size was valued at USD 119.1 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 2.1%.

MARKET DYNAMICS

Due to rising prevalence of cardiovascular disease and lifestyle changes worldwide, the membrane oxygenator market will continue to grow. Market growth is being slowed by complications such as blood contact and infection. The market will grow in the future if there is increased awareness about health and general well-being, and greater acceptance of surgical intervention for cardiac problems.

The market is growing due to rising rates of respiratory and cardiovascular disease, increasing number of extracorporeal Membrane Oximeter Centers, and increased adoption of membrane oxygenators as bridges to lung transplantation. The market will grow due to technological advances and training. Membrane oxygenators were used in severe COVID-19 cases during the first two waves. The number of applications for membrane oxygenators is rapidly growing.

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In addition to technological advancements, seminars and programs that increase knowledge, training programs are expected to promote the growth of the market. These oxygenators were extensively used during acute Covid-19 conditions, which occurred in the first two waves. They are quickly gaining in function.

During the study phase, it is anticipated that the increasing number of cardiopulmonary disorders will drive the demand to purchase membrane oxygenators. Heart disease is caused by smoking, unhealthy eating habits, tobacco usage, and physical inactivity. This is due to the increasing number of cardiovascular diseases.

Key Benefits

– This study will provide an in-depth analysis of the global “Membrane Oxygenator” market, current and future trends to help investors understand the potential investment opportunities.

– You will find information on the market’s key drivers, their limitations and potential impacts, as well as the impact of these factors on Membrane Oxygenator market size.

– Porter’s Five Forces Analysis illustrates the potential of buyers and suppliers in the industry.

– To determine market potential, a quantitative analysis of the market from 2016-2022 is performed.

Competitive Strategy 

To improve their market position on the global Membrane Oxygenator marketplace, key players now focus on product innovations, mergers/acquisitions, recent developments and joint ventures, collaborations, and partnerships. Market players compete based on product quality. This market is dominated by major players who invest in R&D, manufacturing, and infrastructure development. They also look to integrate opportunities across the value chain.

Key Takeaways from the Competitive Landscape Section:

* A comprehensive overview of the profiles of each company of interest

* Participation in revenue share

* Analysis of each key player’s industrial chains

* Business growth strategies mastered by top market players

Key players operating in the global Membrane Oxygenator market are:

Medos
Sorin
Kewei (Microport)
WEGO
Xijian Medical

Worldwide Membrane Oxygenator Market Segmentation

Analysis by Product Type

Flat Sheet Membrane Oxygenator
Hollow Fibre Membrane Oxygenator

Analysis by Applications Type

Respiratory
Cardiac
Extra-Corporeal Cardiopulmonary Resuscitation (ECPR)

Regional Segment Analysis of the Membrane Oxygenator Market

– North America (U.S., Canada, Mexico)

– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

– Asia-Pacific (China, Japan, India, Rest of APAC)

– South America (Brazil and the Rest of South America)

– The Middle East and Africa (UAE, South Africa, Rest of MEA)

To know more about the market opportunities by region and country, click here to Buy The Complete Report: https://market.us/purchase-report/?report_id=20846

Research Methodology by Market.us

Five phases will be used to conduct research on the keyword market. These include primary research as well as secondary research. Subject matter expert advice and quality control are also included. After gaining a better understanding of the requirements, secondary research was conducted to identify segment specifications, qualitative and quantitative data as well the factors driving the market growth. Secondary sources used in the study are press releases, annual reports from companies and research papers that relate to the industry.

For precise information on market expansion opportunities, data was also gathered from various sources, including trade journals, industry magazines, government websites and associations. Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Faction, Bloomberg, One Source and Hoovers, which proved to be useful for in-depth technical study of the market.

This report answers the following 12 key questions

1. Is Membrane Oxygenator a booming industry?

2. How big is the Membrane Oxygenator market?

3. How fast is the Membrane Oxygenator industry growing?

4. Who are the key players in Membrane Oxygenator?

5. Which industry uses Membrane Oxygenator the most?

6. What is the Membrane Oxygenator market growth?

7. Which region held the largest arMembrane Oxygenator market share?

8. What factors drive the Membrane Oxygenator market?

9. What are the business risks and threats to the market?

10. What are the emerging trends in this market and the reasons behind them?

11. What are some changing demands of customers in the market?

12. What are the new developments in the market? Which companies are leading these developments?

Interested to Procure The Data? Inquire here at https://market.us/report/membrane-oxygenator-market/#inquiry

TOC Highlights:

Chapter 1 Preface

This segment provides opinions of key participants, an audit of Membrane Oxygenator industry, market outlook across key regions, financial services, and various challenges faced by Membrane Oxygenator market. It briefly introduces the global Membrane Oxygenator market. This section depends on the Scope of the Study and Report Guidance.

Chapter 2 Executive Summary

It elaborated market outlook by segmentation in Membrane Oxygenator market. In addition, it also represents the market snapshot covered in the report.

Chapter 3 Market Dynamics

This section comprises current market dynamics in the Membrane Oxygenator market. Such as key driving factors, major opportunities areas, restraining factors, & recent trends in Membrane Oxygenator market. It also includes SWOT analysis and Porter’s five force analysis. This help to identify the key growth factors and challenges in the Membrane Oxygenator market.

Chapter 4 Global Membrane Oxygenator market Analysis, Opportunity, and Forecast, 2016-2032

This chapter comprises the current scenario of the Global Membrane Oxygenator market in 2021, including forecast estimation for 2023-2032.

Chapter 5 Geographic Analysis

This section has covered in-depth regional market share analysis and carefully scrutinized it to understand its current and future growth, development, and demand scenarios for this market.

Chapter 6 Covid-19 Impact

This section briefly describes the positive and negative impact of the COVID-19 Pandemic on the Global Membrane Oxygenator Market. 

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Chapter 7 Pricing Analysis

This chapter provides price point analysis by region and other forecasts.

Chapter 8 Competitive Landscape

It includes major players in the Membrane Oxygenator market. Moreover, it also covers the detailed company shares analysis in the report based on their product’s demand, and market served, the number of products, applications, regional growth, and other factors.

Chapter 9 Research Methodology

The research methodology chapter includes the following main facts,

9.1 Coverage

9.2 Secondary Research

9.3 Primary Research

Chapter 10 Conclusion

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Last Updated: 16-Sep-2022