Extracorporeal
membrane oxygenation system is a life supporting system providing
cardiac and respiratory support to the patients suffering from severe
respiratory failure. ECMO circuit comprises cannulas, pump, blender
and oxygenator, which oxygenates the blood and remove carbon dioxide
through extracorporeal gas exchange device referred as membrane
oxygenator. The location of drainage and reinfusion port of cannulas
determines the modality of the ECMO system. If drainage and
reinfusion both are from central veins it is referred as venovenous
ECMO or if it is from vein to artery it is referred to as
venoarterial ECMO. Potential indications for which ECMO is used
includes severe acute respiratory distress syndrome (ARDS), acute
hypercapnic respiratory failure, to bridge lung transplantation,
primary graft dysfunction post-lung transplantation, and pulmonary
hypertension with right ventricular failure.
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The
global ECMO system market was valued at US$ 248.2 million in 2017,
and is expected to witness a CAGR of 5.3 % over the forecast period
(2018 – 2026).
Prevalence
of Cardiac and Respiratory Diseases are Boosting Growth of the
Extracorporeal Membrane Oxygenation System Market
Increasing
cases of cardiovascular and respiratory disorders is one of the major
factors that is boosting growth of the ECMO system market. For
instance, according to World Health Organization (WHO), around 31% of
total global deaths was due to cardiovascular disease in 2015, which
accounted to nearly 17.7 million deaths. According to European Heart
Network AISBL, about 3.9 million and over 1.8 million deaths occurs
every year in Europe and European Union respectively, which accounted
to nearly 45% of all deaths in European Union. Another factor
expected for the growing success of ECMO system market over the
forecast period is the rising number of organ transplant surgeries
across the globe. For instance, according to Organ and Tissue
Authority of Australian Government, the number of surgeries performed
for organ transplant in 2017 were around 1,469. Moreover, according
to Australia and New Zealand Organ Donation Registry around 1,400
Australians are waiting for organ transplant at any given time.
Also,
high prevalence of diseases will lead to increasing demand for
extracorporeal membrane oxygenation system in hospitals and surgical
centers. For instance, according to annual international registry by
Extracorporeal Life Support Organization (ELSO), 65,171 patients
received ECMO system in 2015, which increased to 98,840 patients in
2018 out of which 40,256 were neonatal, 22,952 pediatrics, and 35,632
adults.
Industrial
Collaboration by the Key Players is Fueling Extracorporeal Membrane
Oxygenation System Market
The
global extracorporeal membrane oxygenation system market is operated
by Medtronic Plc., Getinge Group, LivaNova Plc., Terumo Corporation,
Xenios AG, Microsoft Scientific Co., Origen Biomedical, Eurosets
S.R.L., Nipro Corporation and Alung technologies Inc. The industry
players are adopting the strategy of collaboration focusing on
development of new products. For instance, in 2018, Medtronic Plc.
collaborated with the Sayler Biomedical LLC, for the development of
their product Century heart Lung machine. The collaboration has made
the Medtronic’s product available for customers globally. Century
heart lung machine has features, such as compact and sturdy design,
easy to use components and affordable price. This is expected to
strengthen customer base and widen the product portfolio of
Medtronic.
Detailed
Segmentation:
Global
Extracorporeal Membrane Oxygenation System Market, By Modality:
-
Arteriovenous
-
Venoarteial
-
Venovenous
Global
Extracorporeal Membrane Oxygenation System Market, By Application:
-
Extracorporeal cardiopulmonary resuscitation
-
Cardiac
-
Respiratory
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