Spain Extracorporeal Membrane Oxygenation Machine Market Size & Outlook
Spain extracorporeal membrane oxygenation machine market, 2018-2030 (US$M)
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Spain extracorporeal membrane oxygenation machine market highlights
- The Spain extracorporeal membrane oxygenation machine market generated a revenue of USD 6.7 million in 2023 and is expected to reach USD 9.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.4% 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 6.7 million |
| Market revenue in 2030 | USD 9.1 million |
| Growth rate | 4.4% (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, Spain accounted for 2.2% 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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Spain 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 34.33% in 2023. Horizon Databook has segmented the Spain 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.
Spain, with a population of 46.6 million, faces significant challenges in managing cardiovascular diseases. The National Health System (NHS) provides universal coverage, with hospital healthcare services being free of charge. Healthcare organizations undertake various initiatives to achieve clinical excellence in cardiology.
In 2018, the Marqués de Valdecilla hospital imparted training in ECMO with cytokine adsorption therapy to medical professionals. Furthermore, according to the OECD, 18.31% of the total Spanish population was aged above 65 in 2018. Thus, the shift in demographics indicates increasing susceptibility of the overall population to various chronic conditions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain extracorporeal membrane oxygenation machine market , including forecasts for subscribers. This country databook contains high-level insights into Spain extracorporeal membrane oxygenation machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain extracorporeal membrane oxygenation machine market size, by component, 2018-2030 (US$M)
Spain Extracorporeal Membrane Oxygenation Machine Market Outlook Share, 2023 & 2030 (US$M)
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