North America Extracorporeal Membrane Oxygenation Machine Market Size & Outlook
North America extracorporeal membrane oxygenation machine market, 2018-2030 (US$M)
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North America extracorporeal membrane oxygenation machine market highlights
- The North America extracorporeal membrane oxygenation machine market generated a revenue of USD 121.7 million in 2023.
- The market is expected to grow at a CAGR of 5.1% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 121.7 million |
| Market revenue in 2030 | USD 172.9 million |
| Growth rate | 5.1% (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, North America region accounted for 39.5% 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.
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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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North America 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 35.5% in 2023. Horizon Databook has segmented the North America 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.
North American region includes the U.S. and Canada markets. Availability of well-developed primary, secondary, tertiary care hospitals supported the growth in North American region.
Moreover, well-developed reimbursement network, favorable government funding, and increasing awareness about the ECMO machines facilitated its adoption in hospitals at increasing rate.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America extracorporeal membrane oxygenation machine market , including forecasts for subscribers. This continent databook contains high-level insights into North America extracorporeal membrane oxygenation machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America extracorporeal membrane oxygenation machine market size, by country, 2018-2030 (US$M)
North America Extracorporeal Membrane Oxygenation Machine Market Outlook Share, 2023 & 2030 (US$M)
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