Europe Extracorporeal Membrane Oxygenation Machine Market Size & Outlook
Europe extracorporeal membrane oxygenation machine market, 2018-2030 (US$M)
Related Markets
Europe extracorporeal membrane oxygenation machine market highlights
- The Europe extracorporeal membrane oxygenation machine market generated a revenue of USD 82.8 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, oxygenators was the largest revenue generating component in 2023.
- Oxygenators is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 82.8 million |
| Market revenue in 2030 | USD 116.3 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Oxygenators |
| Fastest growing segment | Oxygenators |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Pumps, Oxygenators, Heater - cooler unit, Tubing |
| Key market players worldwide | Medtronic PLC, Getinge AB Class B, MicroPort Scientific Corp, Terumo Corp, Nipro Corp, LivaNova PLC, CytoSorbents Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.9% of the global extracorporeal membrane oxygenation machine market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 108.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Extracorporeal Membrane Oxygenation Machine Market Scope
Extracorporeal Membrane Oxygenation Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe extracorporeal membrane oxygenation machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to extracorporeal membrane oxygenation machine market will help companies and investors design strategic landscapes.
Oxygenators was the largest segment with a revenue share of 32.97% in 2023. Horizon Databook has segmented the Europe extracorporeal membrane oxygenation machine market based on blood pumps, oxygenators, heater - cooler unit, tubing covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is one of the most developed regions in the world. Increasing public and private investment in R&D, increasing demand for healthcare devices coupled with rising prevalence of chronic diseases such as respiratory failure and cardiopulmonary diseases in the region are some key drivers for growing market share of this region.
In 2013, around 6.5 million people discharged from hospitals were suffering from respiratory diseases according to the Eurostat. Increasing demand for advanced technologies and rising health awareness are some of the key factors that are expected to boost the market growth.
In 1989, Extracorporeal Life Support Organization was set up in Europe which aimed at increasing awareness about ECMO. Furthermore, the healthcare spending of Western Europe and Eastern Europe is reported to be around 10.50% and 6.30% of the GDP respectively as per the report of the EIU in 2016.
Reasons to subscribe to Europe extracorporeal membrane oxygenation machine market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe extracorporeal membrane oxygenation machine market databook
-
Our clientele includes a mix of extracorporeal membrane oxygenation machine market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe extracorporeal membrane oxygenation machine market , including forecasts for subscribers. This continent databook contains high-level insights into Europe extracorporeal membrane oxygenation machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe extracorporeal membrane oxygenation machine market size, by country, 2018-2030 (US$M)
Europe Extracorporeal Membrane Oxygenation Machine Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
