Market By Application, Modality And Country | Forecast 2019-2028
Triton Market Research’s report on the extra corporeal membrane oxygenation (ECMO) system market in the Middle East and Africa depicts that the market is set to surge at CAGR of 4.09% during the projected years 2019-2028.
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The countries scrutinized in the Middle East and Africa market are:
• Saudi Arabia
• Turkey
• United Arab Emirates
• South Africa
• Rest of Middle East & Africa
The ever-increasing number of COPD (chronic obstructive pulmonary disease) cases and growing risk of myocardial infection are the primary factors driving the growth of extra corporeal membrane oxygenation (ECMO) system market in Saudi Arabia. Moreover, there is a major trend in medical tourism for the management of chronic disorders. Besides, healthcare reforms are likely to play an important role in the growth of the ECMO system market. The total number of healthcare centers are leading to an increased demand for extra corporeal membrane oxygenation systems in hospital settings. Also, the growing public awareness has resulted in higher adoption of these systems in-home care settings. All these factors are expected to augment the market growth in the country.
In South Africa, there is a lack of awareness of cardiovascular diseases. Lifestyle-related conditions, including heart disease and stroke, are the leading causes of death in the country. Many hospitals in South Africa do not have the proper resources and expertise needed in order to provide specialized treatment. Thus, Netcare and Netcare 911 established highly trained extracorporeal membrane oxygenation (ECMO) transfer teams in the country. They are highly experienced in using these systems and ensure a high quality of care. An increasing number of patients who need ECMO support are constantly being referred to them, which is enabling the potential market growth in South Africa.
Spectrum Medical is a company involved in the supply of clinical information solutions that include electronic medical record systems, medical device connectivity technologies, telemedicine capabilities and patient safety solutions. It also offers non-invasive diagnostics systems for extracorporeal procedures. With the launch of its non-invasive diagnostic System M technologies in 2006, the company entered the global medical device. The company provides a wide range of Quantum Perfusion Modules, which are designed to support several clinical therapies that make use of the extracorporeal circulation technique.
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1. MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1.MARKET DEFINITION
2.2.PORTER’S FIVE FORCES MODEL
2.2.1.THREAT OF NEW ENTRANTS
2.2.2.THREAT OF SUBSTITUTE PRODUCTS
2.2.3.BARGAINING POWER OF BUYERS
2.2.4.BARGAINING POWER OF SUPPLIERS
2.2.5.COMPETITIVE RIVALRY
2.3.IMPACT OF COVID-19 ON ECMO SYSTEM MARKET
2.4.MARKET ATTRACTIVENESS INDEX
2.5.VENDOR SCORECARD
2.6.KEY INSIGHTS
2.7.MARKET DRIVERS
2.7.1.RISING POPULARITY OF ECMO TECHNOLOGY
2.7.2.INCREASING PREVALENCE OF CHRONIC DISORDERS
2.8.MARKET RESTRAINTS
2.8.1.SIGNIFICANT COST OF ECMO SYSTEMS
2.8.2.EXISTENCE OF ALTERNATIVE TECHNIQUES
2.9.MARKET OPPORTUNITIES
2.9.1.GROWING AWARENESS REGARDING APPLICATIONS OF ECMO SYSTEMS
2.9.2.ADVANCEMENT IN TECHNOLOGY
2.10.MARKET CHALLENGES
2.10.1.LACK OF SPECIALIZED SKILLS FOR OPERATION
2.10.2.RISKS ASSOCIATED WITH ECMO PROCEDURES
3. EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET OUTLOOK - BY APPLICATION
3.1.RESPIRATORY
3.2.CARDIAC
3.3.EXTRACORPOREAL CARDIOPULMONARY RESUSCITATION (ECPR)
4. EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET OUTLOOK - BY MODALITY
4.1.VENO-VENOUS
4.2.VENO-ARTERIAL
4.3.OTHER MODALITIES
5. EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET – MIDDLE EAST AND AFRICA
5.1.SAUDI ARABIA
5.2.TURKEY
5.3.UNITED ARAB EMIRATES
5.4.SOUTH AFRICA
5.5.REST OF MIDDLE EAST & AFRICA
6. COMPANY PROFILES
6.1.HEMOVENT GMBH
6.2.LIVANOVA PLC
6.3.MICROPORT SCIENTIFIC CORPORATION
6.4.TERUMO MEDICAL CORPORATION
6.5.ELSIUS BIOMEDICAL INC
6.6.ABBOTT LABORATORIES
6.7.ALUNG TECHNOLOGIES INC
6.8.EUROSETS
6.9.SPECTRUM MEDICAL
6.10.XENIOS AG (FRESENIUS SE & CO KGAA)
6.11.MEDTRONIC PLC
6.12.GETINGE AB
6.13.NIPRO CORPORATION
6.14.ORIGEN BIOMEDICAL INC
7. RESEARCH METHODOLOGY & SCOPE
7.1.RESEARCH SCOPE & DELIVERABLES
7.1.1.OBJECTIVES OF STUDY
7.1.2.SCOPE OF STUDY
7.2.SOURCES OF DATA
7.2.1.PRIMARY DATA SOURCES
7.2.2.SECONDARY DATA SOURCES
7.3.RESEARCH METHODOLOGY
7.3.1.EVALUATION OF PROPOSED MARKET
7.3.2.IDENTIFICATION OF DATA SOURCES
7.3.3.ASSESSMENT OF MARKET DETERMINANTS
7.3.4.DATA COLLECTION
7.3.5.DATA VALIDATION & ANALYSIS
TABLE 1 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
TABLE 2 VENDOR SCORECARD
TABLE 3 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY APPLICATION, 2019-2028 ($ MILLION)
TABLE 4 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY MODALITY, 2019-2028 ($ MILLION)
TABLE 5 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
FIGURE 1 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET 2019-2028 ($ MILLION)
FIGURE 2 LIST OF CHRONIC DISEASES
FIGURE 3 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY RESPIRATORY, 2019-2028 ($ MILLION)
FIGURE 4 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY CARDIAC, 2019-2028 ($ MILLION)
FIGURE 5 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY EXTRACORPOREAL CARDIOPULMONARY RESUSCITATION (ECPR), 2019-2028 ($ MILLION)
FIGURE 6 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY VENO-VENOUS, 2019-2028 ($ MILLION)
FIGURE 7 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY VENO-ARTERIAL, 2019-2028 ($ MILLION)
FIGURE 8 MIDDLE EAST AND AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET, BY OTHER MODALITIES, 2019-2028 ($ MILLION)
FIGURE 9 SAUDI ARABIA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET 2019-2028 ($ MILLION)
FIGURE 10 TURKEY EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET 2019-2028 ($ MILLION)
FIGURE 11 UNITED ARAB EMIRATES EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET 2019-2028 ($ MILLION)
FIGURE 12 SOUTH AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET 2019-2028 ($ MILLION)
FIGURE 13 REST OF MIDDLE EAST & AFRICA EXTRA CORPOREAL MEMBRANE OXYGENATION (ECMO) SYSTEM MARKET 2019-2028 ($ MILLION)