Italy Extracorporeal Membrane Oxygenation Machine Market Size & Outlook
Italy extracorporeal membrane oxygenation machine market, 2018-2030 (US$M)
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Italy extracorporeal membrane oxygenation machine market highlights
- The Italy extracorporeal membrane oxygenation machine market generated a revenue of USD 7.5 million in 2023 and is expected to reach USD 10.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.6% 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 7.5 million |
| Market revenue in 2030 | USD 10.2 million |
| Growth rate | 4.6% (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, Italy accounted for 2.4% 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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Italy 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 33.33% in 2023. Horizon Databook has segmented the Italy 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.
Italy’s ECMO market is expected to register significant growth over the forecast period, owing to factors such as high per capita income and an advanced healthcare system augmenting the demand for novel medical devices. In 2016, the total healthcare expenditure of Italy was 8.94% of its GDP.
Life expectancy at birth in Italy is the second highest among European countries and is increasing gradually. According to the World Bank, life expectancy at birth reached 82.54 years in 2016. Growing geriatric population and increasing incidence of respiratory & cardiovascular diseases are likely to be key contributors to market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy extracorporeal membrane oxygenation machine market , including forecasts for subscribers. This country databook contains high-level insights into Italy extracorporeal membrane oxygenation machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy extracorporeal membrane oxygenation machine market size, by component, 2018-2030 (US$M)
Italy Extracorporeal Membrane Oxygenation Machine Market Outlook Share, 2023 & 2030 (US$M)
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