Germany Extracorporeal Membrane Oxygenation Machine Market Size & Outlook
Germany extracorporeal membrane oxygenation machine market, 2018-2030 (US$M)
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Germany extracorporeal membrane oxygenation machine market highlights
- The Germany extracorporeal membrane oxygenation machine market generated a revenue of USD 22.2 million in 2023 and is expected to reach USD 32.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.8% 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.
Extracorporeal membrane oxygenation machine market data book summary
| Market revenue in 2023 | USD 22.2 million |
| Market revenue in 2030 | USD 32.9 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Oxygenators |
| Fastest growing segment | Oxygenators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 7.2% of the global extracorporeal membrane oxygenation machine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany extracorporeal membrane oxygenation machine market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 32.9 million by 2030.
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Extracorporeal Membrane Oxygenation Machine Market Scope
Extracorporeal Membrane Oxygenation Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 32.88% in 2023. Horizon Databook has segmented the Germany 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.
Furthermore, increasing government investment owing to growing public finances, robust institutional framework, and rising competitiveness among various global and domestic players of extracorporeal membrane oxygenation are few factors that are responsible for driving the market of extracorporeal membrane oxygenation over the forecast period.
Initiatives such as excellence initiative was started by German state government and federal government to enhance the region’s Research and development activities and to improve the quality of Research institutes and other bodies who work for developing new and advanced products in healthcare.
Additionally, the growing prevalence of diseases such as chronic obstructive pulmonary disease, technological advancement in medical Research equipment and growing demand for ECMO devices in hospitals are some of the key driving factors of extracorporeal membrane oxygenation market in next seven years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany extracorporeal membrane oxygenation machine market , including forecasts for subscribers. This country databook contains high-level insights into Germany extracorporeal membrane oxygenation machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany extracorporeal membrane oxygenation machine market size, by component, 2018-2030 (US$M)
Germany Extracorporeal Membrane Oxygenation Machine Market Outlook Share, 2023 & 2030 (US$M)
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